National Instruments - NATI Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for National Instruments in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NATI shares.
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6 Wall Street analysts have issued 12 month price targets for National Instruments' stock. Their NATI share price forecasts range from $43.00 to $55.00. On average, they predict the company's share price to reach $48.33 in the next year. This suggests that the stock has a possible downside of 4.6%.
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National Instruments' stock was trading at $36.90 at the beginning of the year. Since then, NATI stock has increased by 37.2% and is now trading at $50.64.
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National Instruments saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 3,820,000 shares, an increase of 146.5% from the February 13th total of 1,550,000 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.0% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our NATI earnings forecast.

National Instruments Co. (NASDAQ:NATI) released its quarterly earnings results on Thursday, October, 28th. The technology company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.24. The technology company earned $367.20 million during the quarter, compared to the consensus estimate of $373.94 million. National Instruments had a trailing twelve-month return on equity of 17.40% and a net margin of 8.43%. The company's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share.

National Instruments declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Monday, February 13th will be given a dividend of $0.28 per share on Monday, March 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Friday, February 10th.
Read our dividend analysis for NATI.

ETFs with the largest weight of National Instruments (NASDAQ:NATI) stock in their portfolio include ProShares S&P Technology Dividend Aristocrats ETF (TDV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Thrivent Small-Mid Cap ESG ETF (TSME), Defiance Quantum ETF (QTUM), ROBO Global Robotics & Automation ETF (ROBO), SPDR S&P Kensho Smart Mobility ETF (HAIL), First Trust Technology AlphaDEX Fund (FXL) and First Trust Mid Cap US Equity Select ETF (RNMC).

National Instruments (NASDAQ:NATI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.21%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 106.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NATI will have a dividend payout ratio of 50.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NATI.

National Instruments updated its first quarter earnings guidance on Tuesday, January, 31st. The company provided EPS guidance of $0.48-$0.62 for the period, compared to the consensus earnings per share estimate of $0.47. The company issued revenue guidance of $415-$445 million, compared to the consensus revenue estimate of $419.66 million.

265 employees have rated National Instruments Chief Executive Officer Alex Davern on Glassdoor.com. Alex Davern has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other National Instruments investors own include Abbott Laboratories (ABT), Enbridge (ENB), International Business Machines (IBM), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), Citigroup (C), Editas Medicine (EDIT), AT&T (T), Accenture (ACN) and Bank of America (BAC).

National Instruments trades on the NASDAQ under the ticker symbol "NATI."

National Instruments' stock is owned by a number of retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (6.20%), Amundi (4.17%), Sarasin & Partners LLP (3.26%), William Blair Investment Management LLC (3.06%), Morgan Stanley (2.49%) and Neuberger Berman Group LLC (1.63%). Insiders that own company stock include Alexander M Davern, Carla Pineyro Sublett, Eric Howard Starkloff, Gerhard Paul Fettweis, Jason Elliot Green, Jeffrey L Kodosky, Karen Marie Rapp, Michael E Mcgrath, Ritu Favre and Scott Arthur Rust.
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Shares of NATI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NATI stock can currently be purchased for approximately $50.64.

National Instruments (NASDAQ:NATI) has a market capitalization of $6.66 billion and generates $1.66 billion in revenue each year. The technology company earns $139.64 million in net income (profit) each year or $1.05 on an earnings per share basis.

The company employs 7,000 workers across the globe.

National Instruments' mailing address is 11500 North MoPac Expressway, Austin TX, 78759. The official website for the company is www.ni.com. The technology company can be reached via phone at (512) 683-0100, via email at marissa.vidaurri@ni.com, or via fax at 512-683-5794.