NASDAQ:MXIM - Maxim Integrated Products Stock Price, Forecast & News

Maxim Integrated Products trades on the NASDAQ under the ticker symbol "MXIM."

Maxim Integrated Products declared a quarterly dividend on Tuesday, January 28th. Investors of record on Thursday, February 27th will be given a dividend of $0.48 per share on Friday, March 13th. This represents a $1.92 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Wednesday, February 26th. View Maxim Integrated Products' Dividend History.

Maxim Integrated Products Inc. (NASDAQ:MXIM) released its quarterly earnings data on Tuesday, January, 28th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.03. The semiconductor company earned $551.07 million during the quarter, compared to the consensus estimate of $545.16 million. Maxim Integrated Products had a return on equity of 33.82% and a net margin of 35.93%. The firm's quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. View Maxim Integrated Products' Earnings History.

Maxim Integrated Products is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Maxim Integrated Products.

Maxim Integrated Products updated its third quarter earnings guidance on Tuesday, January, 28th. The company provided earnings per share (EPS) guidance of $0.57-0.65 for the period, compared to the Thomson Reuters consensus estimate of $0.56. The company issued revenue guidance of $555-595 million, compared to the consensus revenue estimate of $556.73 million.

12 Wall Street analysts have issued 1-year price targets for Maxim Integrated Products' shares. Their forecasts range from $60.00 to $74.00. On average, they expect Maxim Integrated Products' share price to reach $66.83 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Maxim Integrated Products.

Press coverage about MXIM stock has trended very negative this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Maxim Integrated Products.

Maxim Integrated Products saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,770,000 shares, a drop of 10.7% from the January 15th total of 6,460,000 shares. Based on an average daily volume of 1,990,500 shares, the days-to-cover ratio is presently 2.9 days. Approximately 2.2% of the shares of the company are sold short. View Maxim Integrated Products' Current Options Chain.

Some companies that are related to Maxim Integrated Products include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE) and Cirrus Logic (CRUS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Maxim Integrated Products investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Cisco Systems (CSCO), Verizon Communications (VZ), Home Depot (HD), Intel (INTC), CVS Health (CVS), Johnson & Johnson (JNJ) and Texas Instruments (TXN).

Maxim Integrated Products' stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (4.37%), State Street Corp (4.33%), FIL Ltd (1.26%), Bank of America Corp DE (1.10%), Charles Schwab Investment Management Inc. (0.86%) and Goldman Sachs Group Inc. (0.70%). Company insiders that own Maxim Integrated Products stock include Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tracy Accardi, Tunc Doluca, Vivek Jain and William D Watkins. View Institutional Ownership Trends for Maxim Integrated Products.

MXIM stock was sold by a variety of institutional investors in the last quarter, including American International Group Inc., SG Americas Securities LLC, TD Asset Management Inc., FIL Ltd, Robeco Institutional Asset Management B.V., Panagora Asset Management Inc., Marathon Asset Management LLP and Tdam USA Inc.. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bruce E Kiddoo, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tunc Doluca, Vivek Jain and William D Watkins. View Insider Buying and Selling for Maxim Integrated Products.

MXIM stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Bank of New York Mellon Corp, Renaissance Technologies LLC, AQR Capital Management LLC, First Trust Advisors LP, UBS Group AG, Teacher Retirement System of Texas and Bank of Montreal Can. View Insider Buying and Selling for Maxim Integrated Products.

Shares of MXIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MXIM stock can currently be purchased for approximately $63.56.

Maxim Integrated Products has a market capitalization of $17.12 billion and generates $2.31 billion in revenue each year. The semiconductor company earns $827.49 million in net income (profit) each year or $2.43 on an earnings per share basis. Maxim Integrated Products employs 7,131 workers across the globe.View Additional Information About Maxim Integrated Products.

The official website for Maxim Integrated Products is http://www.maximintegrated.com/.

Maxim Integrated Products' mailing address is 160 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-601-1000 or via email at [email protected]