NASDAQ:QCOM - QUALCOMM Stock Price, News, & Analysis

QUALCOMM trades on the NASDAQ under the ticker symbol "QCOM."

QUALCOMM announced a quarterly dividend on Monday, January 14th. Shareholders of record on Thursday, March 7th will be paid a dividend of $0.62 per share on Thursday, March 28th. This represents a $2.48 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Wednesday, March 6th. View QUALCOMM's Dividend History.

QUALCOMM announced that its board has authorized a stock repurchase program on Thursday, July 26th 2018, which permits the company to repurchase $30,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 34.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

QUALCOMM, Inc. (NASDAQ:QCOM) released its earnings results on Wednesday, November, 7th. The wireless technology company reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.20. The wireless technology company had revenue of $5.83 billion for the quarter, compared to analysts' expectations of $5.54 billion. QUALCOMM had a positive return on equity of 26.21% and a negative net margin of 21.40%. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 earnings per share. View QUALCOMM's Earnings History.

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for QUALCOMM.

QUALCOMM updated its first quarter 2019 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus estimate of $0.95. The company issued revenue guidance of $4.5-5.3 billion, compared to the consensus revenue estimate of $5.57 billion.

21 brokers have issued 12 month target prices for QUALCOMM's stock. Their predictions range from $55.00 to $95.00. On average, they expect QUALCOMM's stock price to reach $69.9444 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for QUALCOMM.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 10 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.

News coverage about QCOM stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. QUALCOMM earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned headlines about the wireless technology company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the near future.

QUALCOMM saw a drop in short interest in December. As of December 31st, there was short interest totalling 62,601,166 shares, a drop of 15.6% from the December 14th total of 74,207,191 shares. Based on an average trading volume of 17,052,369 shares, the short-interest ratio is presently 3.7 days. Approximately 5.2% of the shares of the company are short sold. View QUALCOMM's Current Options Chain.

Some companies that are related to QUALCOMM include NTT Docomo (DCMYY), Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (ERIC), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), Echostar (SATS), ViaSat (VSAT), Commscope (COMM), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Comtech Telecomm. (CMTL) and Sierra Wireless (SWIR).

QUALCOMM's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Factory Mutual Insurance Co. (0.11%), Gateway Investment Advisers LLC (0.06%), RNC Capital Management LLC (0.05%), Private Asset Management Inc. (0.05%) and Greylin Investment Mangement Inc. (0.03%). Company insiders that own QUALCOMM stock include Alexander H Rogers, Ann M Livermore, Anthony J Vinciquerra, Cristiano R Amon, Derek K Aberle, Donald J Rosenberg, James H Thompson, Matthew S Grob and Michelle M Sterling. View Institutional Ownership Trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, State of Alaska Department of Revenue, RNC Capital Management LLC, Bristol Advisors LLC, Chicago Partners Investment Group LLC, Capital Investment Services of America Inc., Louisiana State Employees Retirement System and Private Asset Management Inc.. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg and James H Thompson. View Insider Buying and Selling for QUALCOMM.

QCOM stock was purchased by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., RPG Investment Advisory LLC, Greylin Investment Mangement Inc., Cullinan Associates Inc., Cornerstone Investment Partners LLC, Retirement Systems of Alabama, TRUE Private Wealth Advisors and First American Trust FSB. Company insiders that have bought QUALCOMM stock in the last two years include Ann M Livermore, Anthony J Vinciquerra and Cristiano R Amon. View Insider Buying and Selling for QUALCOMM.

Shares of QCOM 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 QCOM stock can currently be purchased for approximately $55.8575.

QUALCOMM has a market capitalization of $69.46 billion and generates $22.73 billion in revenue each year. The wireless technology company earns $-4,864,000,000.00 in net income (profit) each year or $3.19 on an earnings per share basis. QUALCOMM employs 35,400 workers across the globe.

The official website for QUALCOMM is http://www.qualcomm.com.

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The wireless technology company can be reached via phone at 858-587-1121 or via email at [email protected]