NASDAQ:NATI - National Instruments Stock Price, Forecast & News

National Instruments' stock was trading at $33.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NATI shares have decreased by 2.2% and is now trading at $33.12. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Instruments in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for National Instruments.

National Instruments is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for National Instruments.

National Instruments Corp (NASDAQ:NATI) released its quarterly earnings data on Thursday, January, 30th. The technology company reported $0.45 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.04. The technology company had revenue of $367.47 million for the quarter, compared to the consensus estimate of $357.87 million. National Instruments had a return on equity of 14.81% and a net margin of 11.98%. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 earnings per share. View National Instruments' earnings history.

National Instruments declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.26 per share on Monday, March 9th. This represents a $1.04 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from National Instruments's previous quarterly dividend of $0.25. View National Instruments' dividend history.

National Instruments issued an update on its first quarter earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $0.24-0.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.26. The company issued revenue guidance of $308-338 million, compared to the consensus revenue estimate of $312.75 million.

4 brokers have issued 1 year price objectives for National Instruments' stock. Their forecasts range from $40.00 to $50.00. On average, they expect National Instruments' share price to reach $45.00 in the next year. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for National Instruments.

News coverage about NATI stock has trended very positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. National Instruments earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave news articles about the technology 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 near term. View the latest news aboutNational Instruments.

National Instruments saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,384,500 shares, an increase of 17.3% from the February 27th total of 1,180,000 shares. Based on an average daily trading volume, of 594,600 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.2% of the company's stock are short sold. View National Instruments' Current Options Chain.

Some companies that are related to National Instruments include Cognex (CGNX), FLIR Systems (FLIR), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT).

Based on aggregate information from My MarketBeat watchlists, some companies that other National Instruments investors own include IBM (IBM), BlackRock (BLK), FactSet Research Systems (FDS), AT&T (T), PepsiCo (PEP), QUALCOMM (QCOM), Enbridge (ENB), Pfizer (PFE), Scotts Miracle-Gro (SMG) and Zoetis (ZTS).

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

Shares of NATI 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 NATI stock can currently be purchased for approximately $33.12.

National Instruments has a market capitalization of $4.33 billion and generates $1.35 billion in revenue each year. The technology company earns $162.15 million in net income (profit) each year or $1.31 on an earnings per share basis. National Instruments employs 7,300 workers across the globe. View additional information about National Instruments.

The official website for National Instruments is http://www.ni.com/.

National Instruments' mailing address is 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX, 78759. The technology company can be reached via phone at 512-683-0100 or via email at [email protected]