QUALCOMM Incorporated Company Profile (NASDAQ:QCOM)

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

QUALCOMM Incorporated declared a quarterly dividend on Friday, July 14th. Shareholders of record on Wednesday, August 30th will be paid a dividend of $0.57 per share on Wednesday, September 20th. This represents a $2.28 annualized dividend and a yield of 4.29%. The ex-dividend date is Monday, August 28th. View QUALCOMM Incorporated's Dividend History.

QUALCOMM Incorporated (NASDAQ:QCOM) posted its quarterly earnings results on Wednesday, July, 19th. The company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.02. The firm earned $5.37 billion during the quarter, compared to analyst estimates of $5.25 billion. QUALCOMM Incorporated had a net margin of 17.26% and a return on equity of 19.64%. QUALCOMM Incorporated's revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter last year, the business earned $1.16 earnings per share. View QUALCOMM Incorporated's Earnings History.

QUALCOMM Incorporated updated its fourth quarter earnings guidance on Wednesday, July, 19th. The company provided earnings per share guidance of $0.75-0.85 for the period, compared to the Thomson Reuters consensus estimate of $0.91. The company issued revenue guidance of $5.4-6.2 billion, compared to the consensus revenue estimate of $5.48 billion.

28 brokers have issued 1 year price targets for QUALCOMM Incorporated's shares. Their predictions range from $54.00 to $78.00. On average, they expect QUALCOMM Incorporated's stock price to reach $64.50 in the next year. View Analyst Ratings for QUALCOMM Incorporated.

Here are some recent quotes from research analysts about QUALCOMM Incorporated stock:

• 1. According to Zacks Investment Research, "Over the past three months, share price of Qualcomm has inched up 1.43%, failing to beat the Zacks categorized Wireless Equipment industry's 4.29% gain. Moreover, competitive mobile phone chipset market, stringent regulatory norms along with anti-competitive and unfair business practices charges act as risks. The dispute with Apple has not yet been settled. Qualcomm settled with BlackBerry by paying U.S. $940 million. However, recently, Qualcomm received the Taiwan Fair Trade Commission’s regulatory approval for the NXP Semiconductor buyout, but the deal is under thorough investigation by the European Commission. Qualcomm has launched its Mesh Networking Platform and seeks FCC's Approval for Antenna Pattern Testing. Qualcomm’s Snapdragon processor is known for its Internet of Things applications. Patent license network deals, tie-up with AT&T and Ericsson for 5G network trials bode well for Qualcomm’s prospects." (6/20/2017)
• 2. UBS AG analysts commented, "The US Federal Trade Commission (FTC) announced it has filed a complaint with the District Court of Northern California charging Qualcomm with violating the FTC Act. We maintain a Neutral view on Qualcomm given uncertainties regarding the outcome and financial impact of pending inquiries/investigations by the US FTC, Korea FTC, Taiwan FTC, and European Commission. The US FTC (File No. 141-0199) charges Qualcomm with: 1) maintaining a "no license, no chips" policy towards mobile customers, 2) refusing to license standard-essential patents to other chip competitors, 3) extracted exclusivity from Apple from 2011-2016 as a chip supplier in exchange for reduced patent royalties. The FTC voted 2-1 to file the complaint, while Commissioner Ohlhausen dissented and issued a separate statement on the decision to litigate. Qualcomm's response to the case is that it lacks economic and evidentiary support, and it does not allege that Qualcomm charges above fair and reasonable royalties." (1/18/2017)

QUALCOMM Incorporated saw a increase in short interest during the month of July. As of July 14th, there was short interest totalling 25,499,885 shares, an increase of 1.7% from the June 30th total of 25,084,011 shares. Based on an average trading volume of 5,581,277 shares, the days-to-cover ratio is presently 4.6 days. Approximately 1.7% of the shares of the stock are sold short.

Some companies that are related to QUALCOMM Incorporated include Ericsson (ERIC), Motorola Solutions (MSI), Harris Corporation (HRS), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), ARRIS International PLC (ARRS), Brocade Communications Systems (BRCD), Lumentum Holdings (LITE), ViaSat (VSAT), Ciena Corporation (CIEN), Belden (BDC), Finisar Corporation (FNSR), InterDigital (IDCC), Viavi Solutions (VIAV), West Corporation (WSTC) and Applied Optoelectronics (AAOI).

QUALCOMM Incorporated's management team includes the folowing people:

• Paul E. Jacobs Ph.D., Executive Chairman of the Board
• Derek K. Aberle J.D., President
• Steven M. Mollenkopf, Chief Executive Officer, Director
• George S. Davis, Chief Financial Officer, Executive Vice President
• Donald J. Rosenberg J.D., Executive Vice President, General Counsel, Corporate Secretary
• Michelle M. Sterling, Executive Vice President-Human Resources
• Brian T. Modoff, Executive Vice President - Strategy and Mergers&Acquisitions & Ventures
• Alex Rogers, Executive Vice President, President - Qualcomm Technology Licensing
• Matthew S. Grob, Chief Technology Officer, Executive Vice President of Qualcomm Technologies, Inc.
• Larry Paulson, Vice President, President of Qualcomm India

QUALCOMM Incorporated's stock is owned by many different of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.23%), APG Asset Management N.V. (0.23%), Bank of Montreal Can (0.15%), Miller Howard Investments Inc. NY (0.12%), US Bancorp DE (0.11%) and Chevy Chase Trust Holdings Inc. (0.09%). Company insiders that own QUALCOMM Incorporated stock include Alexander H Rogers, Ann M Livermore, Anthony J Vinciquerra, Brian Modoff, Cristiano R Amon, Derek K Aberle, Donald G Cruickshank, Donald J Rosenberg, James H Thompson, John Francis Murphy, Marc I Stern, Mark D Mclaughlin, Matthew S Grob, Michelle M Sterling, Raymond V Dittamore, Stiles Barbara Alexander and Venkata S M Renduchintala. View Institutional Ownership Trends for QUALCOMM Incorporated.

QUALCOMM Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, ING Groep NV, DnB Asset Management AS, Oregon Public Employees Retirement Fund, Riverbridge Partners LLC, Gladstone Capital Management LLP, Gradient Investments LLC and Forsta AP Fonden. Company insiders that have sold QUALCOMM Incorporated stock in the last year include Alexander H Rogers, Derek K Aberle, Donald J Rosenberg, James H Thompson, John Francis Murphy, Matthew S Grob, Michelle M Sterling, Raymond V Dittamore and Stiles Barbara Alexander. View Insider Buying and Selling for QUALCOMM Incorporated.

QUALCOMM Incorporated's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., NN Investment Partners Holdings N.V., Bank of Montreal Can, ANTIPODES PARTNERS Ltd, Mn Services Vermogensbeheer B.V., Greylin Investment Mangement Inc., Cullinan Associates Inc. and National Pension Service. Company insiders that have bought QUALCOMM Incorporated stock in the last two years include Ann M Livermore, Anthony J Vinciquerra, Brian Modoff, Cristiano R Amon and Mark D Mclaughlin. View Insider Buying and Selling for QUALCOMM Incorporated.

Shares of QUALCOMM Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of QUALCOMM Incorporated stock can currently be purchased for approximately $53.14.