NASDAQ:NTAP - NetApp Stock Price, News, & Analysis

NetApp trades on the NASDAQ under the ticker symbol "NTAP."

NetApp declared a quarterly dividend on Wednesday, November 14th. Investors of record on Friday, January 4th will be given a dividend of $0.40 per share on Wednesday, January 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Thursday, January 3rd. View NetApp's Dividend History.

NetApp Inc. (NASDAQ:NTAP) released its quarterly earnings data on Wednesday, November, 14th. The data storage provider reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.07. The data storage provider earned $1.52 billion during the quarter, compared to analyst estimates of $1.51 billion. NetApp had a return on equity of 51.50% and a net margin of 4.70%. NetApp's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 earnings per share. View NetApp's Earnings History.

NetApp is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for NetApp.

NetApp issued an update on its third quarter earnings guidance on Wednesday, November, 14th. The company provided earnings per share guidance of $1.12-1.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.12. The company issued revenue guidance of $1.55-1.65 billion, compared to the consensus revenue estimate of $1.60 billion.NetApp also updated its Q3 2019 guidance to $1.12-1.18 EPS.

27 Wall Street analysts have issued 1-year price targets for NetApp's stock. Their predictions range from $43.00 to $100.00. On average, they expect NetApp's share price to reach $80.1739 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View Analyst Price Targets for NetApp.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last year. There are currently 4 sell ratings, 7 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetApp.

News headlines about NTAP stock have trended very positive on Tuesday, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NetApp earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news articles about the data storage provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

NetApp saw a increase in short interest during the month of December. As of December 14th, there was short interest totalling 16,672,374 shares, an increase of 19.3% from the November 30th total of 13,973,920 shares. Based on an average daily volume of 3,793,601 shares, the short-interest ratio is currently 4.4 days. Currently, 6.6% of the shares of the stock are sold short. View NetApp's Current Options Chain.

Some companies that are related to NetApp include Seagate Technology (STX), Western Digital (WDC), Pure Storage (PSTG), Quantum (QMCO) and Quantum (QTM).

NetApp's stock is owned by many different of retail and institutional investors. Top institutional investors include Retirement Systems of Alabama (0.05%), Boston Advisors LLC (0.04%), Nisa Investment Advisors LLC (0.03%), Gulf International Bank UK Ltd (0.03%), State of Alaska Department of Revenue (0.02%) and Tealwood Asset Management Inc. (0.02%). Company insiders that own NetApp stock include Alan L Earhart, George Kurian, George T Shaheen, Gerald Held, Henri P Richard, Jeffry R Allen, Joel D Reich, Kathryn Hill, Matthew K Fawcett, Richard P Wallace and Thomas Michael Nevens. View Institutional Ownership Trends for NetApp.

NTAP stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Nisa Investment Advisors LLC, Gulf International Bank UK Ltd, Boston Advisors LLC, BTIM Corp., Louisiana State Employees Retirement System, First Hawaiian Bank and Gateway Investment Advisers LLC. Company insiders that have sold NetApp company stock in the last year include George Kurian, Gerald Held, Henri P Richard, Joel D Reich, Kathryn Hill and Matthew K Fawcett. View Insider Buying and Selling for NetApp.

NTAP stock was purchased by a variety of institutional investors in the last quarter, including Tealwood Asset Management Inc., Pensionfund DSM Netherlands, Pensionfund Sabic, Meeder Asset Management Inc., DNB Asset Management AS, QUANTRES ASSET MANAGEMENT Ltd, Bowling Portfolio Management LLC and Virtu Financial LLC. View Insider Buying and Selling for NetApp.

Shares of NTAP 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, Scottrade, Fidelity and Charles Schwab.

One share of NTAP stock can currently be purchased for approximately $61.40.

NetApp has a market capitalization of $15.86 billion and generates $5.91 billion in revenue each year. The data storage provider earns $76 million in net income (profit) each year or $2.99 on an earnings per share basis. NetApp employs 10,300 workers across the globe.

The official website for NetApp is http://www.netapp.com.

NetApp's mailing address is 1395 CROSSMAN AVENUE, SUNNYVALE CA, 94089. The data storage provider can be reached via phone at 408-822-6000 or via email at [email protected]