NASDAQ:NTAP - NetApp Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $61.81 +0.15 (+0.24 %) (As of 05/24/2019 10:00 AM ET)Previous Close$61.66Today's Range$61.66 - $62.4952-Week Range$54.50 - $88.08Volume12,928 shsAverage Volume2.79 million shsMarket Capitalization$15.27 billionP/E Ratio20.61Dividend Yield2.38%Beta1.4 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. It offers cloud data services, such as ONTAP cloud storage data management and NetApp cloud sync data synchronization services; NetApp SaaS backup for Microsoft Office 365; NetApp cloud backup solutions; OnCommand management software and management integration tools; and NetApp private storage for cloud. The company also provides cloud Infrastructure solutions, including FlexPod, a portfolio of pre-validated designs and integration; NetApp advisor converged systems; NetApp HCI enterprise-scale hyper converged cloud infrastructure; and NetApp StorageGRID Webscale object storage software. In addition, it offers storage systems and software, such as all-flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; NetApp ONTAP storage operating system; NetApp ONTAP Select, which offers robust enterprise storage services; NetApp flex array storage virtualization software; NetApp SnapCenter backup management software; NetApp SnapMirror data replication software; NetApp MetroCluster business continuity software; NetApp SnapLock data compliance software; SANtricity storage operating system; and NetApp SolidFire element operating systems. In addition, it provides software and hardware maintenance, professional, and customer education and training services, as well as support solutions. The company serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. NetApp, Inc. has a strategic partnership with Lenovo to help customers modernize IT and enhance their digital transformation. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. Receive NTAP News and Ratings via Email Sign-up to receive the latest news and ratings for NTAP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer storage devices Sub-IndustryComputer Storage & Peripherals SectorComputer and Technology Current SymbolNASDAQ:NTAP Previous Symbol CUSIP64110D10 CIK1002047 Webhttp://www.netapp.com/ Phone408-822-6000Debt Debt-to-Equity Ratio0.93 Current Ratio1.56 Quick Ratio1.53Price-To-Earnings Trailing P/E Ratio20.61 Forward P/E Ratio15.30 P/E Growth1.01 Sales & Book Value Annual Sales$5.91 billion Price / Sales2.58 Cash Flow$3.3721 per share Price / Cash Flow18.33 Book Value$7.71 per share Price / Book8.02Profitability EPS (Most Recent Fiscal Year)$2.99 Net Income$76 million Net Margins16.85% Return on Equity60.32% Return on Assets11.39%Miscellaneous Employees10,300 Outstanding Shares246,975,000Market Cap$15.27 billion Next Earnings Date8/21/2019 (Estimated) OptionableOptionable NetApp (NASDAQ:NTAP) Frequently Asked Questions What is NetApp's stock symbol? NetApp trades on the NASDAQ under the ticker symbol "NTAP." How often does NetApp pay dividends? What is the dividend yield for NetApp? NetApp announced a quarterly dividend on Thursday, May 23rd. Investors of record on Friday, July 5th will be paid a dividend of $0.48 per share on Wednesday, July 24th. This represents a $1.92 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Wednesday, July 3rd. This is a boost from NetApp's previous quarterly dividend of $0.40. View NetApp's Dividend History. How were NetApp's earnings last quarter? NetApp Inc. (NASDAQ:NTAP) announced its quarterly earnings results on Wednesday, May, 22nd. The data storage provider reported $1.10 EPS for the quarter, missing the Zacks' consensus estimate of $1.13 by $0.03. The data storage provider earned $1.59 billion during the quarter, compared to the consensus estimate of $1.64 billion. NetApp had a net margin of 16.85% and a return on equity of 60.32%. The business's revenue was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 EPS. View NetApp's Earnings History. When is NetApp's next earnings date? NetApp is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for NetApp. What guidance has NetApp issued on next quarter's earnings? NetApp issued an update on its first quarter earnings guidance on Wednesday, May, 22nd. The company provided earnings per share (EPS) guidance of $0.78-0.86 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.05. The company issued revenue guidance of $1.315-1.465 billion, compared to the consensus revenue estimate of $1.48 billion.NetApp also updated its Q1 2020 guidance to $0.78-0.86 EPS. What price target have analysts set for NTAP? 28 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 anticipate NetApp's stock price to reach $76.1717 in the next year. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for NetApp. What is the consensus analysts' recommendation for NetApp? 28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last year. There are currently 4 sell ratings, 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetApp. Has NetApp been receiving favorable news coverage? Headlines about NTAP stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NetApp earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the data storage provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. Who are some of NetApp's key competitors? Some companies that are related to NetApp include Seagate Technology (STX), Western Digital (WDC), Pure Storage (PSTG), Quantum (QMCO) and Quantum (QTM). What other stocks do shareholders of NetApp own? 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), Cisco Systems (CSCO), General Motors (GM), Ultra Clean (UCTT), Walt Disney (DIS) and Netflix (NFLX). Who are NetApp's key executives? NetApp's management team includes the folowing people: Mr. George Kurian, CEO, Pres & Director (Age 52)Mr. Ronald J. Pasek, Exec. VP, CFO & Principal Accounting Officer (Age 58)Mr. Matthew K. Fawcett, Sr. VP, Gen. Counsel & Sec. (Age 51)Mr. Joel D. Reich, Exec. VP & Gen. Mang., NetApp Storage Systems and Software Bus. Unit (Age 60)Mr. Henri P. Richard, Exec. VP of Worldwide Field & Customer Operations (Age 62) Who are NetApp's major shareholders? NetApp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (13.73%), BlackRock Inc. (7.28%), Renaissance Technologies LLC (2.77%), Wellington Management Group LLP (1.99%), Geode Capital Management LLC (1.76%) and Janus Henderson Group PLC (1.33%). 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. Which major investors are selling NetApp stock? NTAP stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Primecap Management Co. CA, BlackRock Inc., Morgan Stanley, Voya Investment Management LLC, JPMorgan Chase & Co., TCW Group Inc. and Natixis. 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. Which major investors are buying NetApp stock? NTAP stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Amundi Pioneer Asset Management Inc., Artisan Partners Limited Partnership, Bank of Montreal Can, Renaissance Technologies LLC, AQR Capital Management LLC, AJO LP and FMR LLC. View Insider Buying and Selling for NetApp. How do I buy shares of 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. What is NetApp's stock price today? One share of NTAP stock can currently be purchased for approximately $61.67. How big of a company is NetApp? NetApp has a market capitalization of $15.23 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. What is NetApp's official website? The official website for NetApp is http://www.netapp.com/. How can I contact NetApp? 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] MarketBeat Community Rating for NetApp (NASDAQ NTAP)Community Ranking: 1.9 out of 5 ()Outperform Votes: 960 (Vote Outperform)Underperform Votes: 1,517 (Vote Underperform)Total Votes: 2,477MarketBeat's community ratings are surveys of what our community members think about NetApp and other stocks. Vote "Outperform" if you believe NTAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTAP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/24/2019 by MarketBeat.com StaffFeatured Article: What is net income? Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.