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

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

NetApp declared a quarterly dividend on Wednesday, February 13th. Shareholders of record on Friday, April 5th will be given a dividend of $0.40 per share on Wednesday, April 24th. This represents a $1.60 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, April 4th. View NetApp's Dividend History.

NetApp Inc. (NASDAQ:NTAP) issued its quarterly earnings results on Wednesday, February, 13th. The data storage provider reported $1.20 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.15 by $0.05. The data storage provider had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.60 billion. NetApp had a net margin of 16.85% and a return on equity of 60.32%. The company's revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. View NetApp's Earnings History.

NetApp is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for NetApp.

NetApp updated its fourth quarter earnings guidance on Wednesday, February, 13th. The company provided EPS guidance of $1.22-1.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.25. The company issued revenue guidance of $1.59-1.69 billion, compared to the consensus revenue estimate of $1.70 billion.NetApp also updated its Q4 2019 guidance to $1.22-1.28 EPS.

29 equities research analysts have issued 12-month target prices for NetApp's shares. Their predictions range from $43.00 to $100.00. On average, they expect NetApp's stock price to reach $78.4146 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for NetApp.

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last year. There are currently 4 sell ratings, 8 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetApp.

News stories about NTAP stock have been trending positive on Saturday, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NetApp earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the data storage provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.

NetApp saw a increase in short interest in March. As of March 15th, there was short interest totalling 17,316,285 shares, an increase of 13.5% from the February 28th total of 15,257,108 shares. Based on an average daily volume of 2,852,670 shares, the days-to-cover ratio is presently 6.1 days. Approximately 7.0% of the company's shares are sold short. View NetApp's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other NetApp investors own include Twitter (TWTR), Alibaba Group (BABA), General Electric (GE), NVIDIA (NVDA), Mattel (MAT), Ultra Clean (UCTT), General Motors (GM), Cisco Systems (CSCO), Walt Disney (DIS) and Micron Technology (MU).

NetApp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.05%), Nisa Investment Advisors LLC (0.03%), Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.02%), Tealwood Asset Management Inc. (0.02%) and Bowling Portfolio Management LLC (0.02%). Company insiders that own NetApp stock include 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 Meeder Asset Management Inc., Eqis Capital Management Inc., Sumitomo Life Insurance Co., Retirement Systems of Alabama, DNB Asset Management AS, Nisa Investment Advisors LLC, Tealwood Asset Management Inc. and State of Alaska Department of Revenue. 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 Pacer Advisors Inc., Bfsg LLC, Pensionfund DSM Netherlands, Calamos Advisors LLC, Pensionfund Sabic, OmniStar Financial Group Inc., IFM Investors Pty Ltd and North Star Investment Management Corp.. 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 $77.69.

NetApp has a market capitalization of $19.19 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]