NASDAQ:STX - Seagate Technology Stock Price, Forecast & News

Seagate Technology trades on the NASDAQ under the ticker symbol "STX."

Seagate Technology declared a quarterly dividend on Tuesday, February 4th. Investors of record on Wednesday, March 25th will be given a dividend of $0.65 per share on Wednesday, April 8th. This represents a $2.60 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Tuesday, March 24th. View Seagate Technology's Dividend History.

Seagate Technology PLC (NASDAQ:STX) posted its earnings results on Tuesday, February, 4th. The data storage provider reported $1.35 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.03. The data storage provider earned $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. Seagate Technology had a net margin of 17.03% and a return on equity of 58.19%. The company's quarterly revenue was down .7% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. View Seagate Technology's Earnings History.

Seagate Technology is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Seagate Technology.

Seagate Technology updated its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $1.26-1.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.19. The company issued revenue guidance of $2.511-2.889 billion, compared to the consensus revenue estimate of $2.59 billion.

20 analysts have issued 1 year price targets for Seagate Technology's stock. Their forecasts range from $35.00 to $70.00. On average, they anticipate Seagate Technology's stock price to reach $55.79 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Seagate Technology.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seagate Technology in the last year. There are currently 5 sell ratings, 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Seagate Technology.

Media stories about STX stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. 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. Seagate Technology earned a coverage optimism score of 1.1 on InfoTrie's scale. They also assigned news articles about the data storage provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Seagate Technology.

Some companies that are related to Seagate Technology include Relx (RELX), Vodafone Group (VOD), Lam Research (LRCX), Baidu (BIDU), Infosys (INFY), Autodesk (ADSK), NetEase (NTES), Workday (WDAY), Koninklijke Philips (PHG), Analog Devices (ADI), Dassault Systemes (DASTY), DAIKIN INDUSTRI/ADR (DKILY), Nidec (NJDCY), Dell (DELL) and Orange (ORAN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Seagate Technology investors own include Micron Technology (MU), Intel (INTC), Cisco Systems (CSCO), Western Digital (WDC), AT&T (T), Bank of America (BAC), NVIDIA (NVDA), Ford Motor (F), Advanced Micro Devices (AMD) and QUALCOMM (QCOM).

Seagate Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (8.40%), State Street Corp (4.02%), Renaissance Technologies LLC (2.58%), LSV Asset Management (2.13%), Bank of New York Mellon Corp (1.04%) and AQR Capital Management LLC (0.61%). Company insiders that own Seagate Technology stock include David H Morton Jr, David H Morton, Jr, Edward J Zander, Holdings LP Valueact, James J Murphy, Jay L Geldmacher, Jeffrey D Nygaard, Katherine Schuelke, Kathryn R Scolnick, Nicholls Stuart, Stephen J Luczo, Valueact Capital Master Fund, and William D Mosley. View Institutional Ownership Trends for Seagate Technology.

STX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Commerzbank Aktiengesellschaft FI, Crossmark Global Holdings Inc., Gilman Hill Asset Management LLC, Cubist Systematic Strategies LLC, Exane Derivatives, Swiss National Bank and Robeco Institutional Asset Management B.V.. Company insiders that have sold Seagate Technology company stock in the last year include James J Murphy, Jay L Geldmacher, Jeffrey D Nygaard, Katherine Schuelke, Stephen J Luczo and William D Mosley. View Insider Buying and Selling for Seagate Technology.

STX stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, Annex Advisory Services LLC, Bank of New York Mellon Corp, KBC Group NV, Virginia Retirement Systems ET AL, ANTIPODES PARTNERS Ltd and First Trust Advisors LP. Company insiders that have bought Seagate Technology stock in the last two years include Holdings LP Valueact and Valueact Capital Master Fund,. View Insider Buying and Selling for Seagate Technology.

Shares of STX 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, Robinhood, Fidelity and Charles Schwab.

One share of STX stock can currently be purchased for approximately $53.99.

Seagate Technology has a market capitalization of $14.09 billion and generates $10.39 billion in revenue each year. The data storage provider earns $2.01 billion in net income (profit) each year or $4.82 on an earnings per share basis. Seagate Technology employs 40,500 workers across the globe.View Additional Information About Seagate Technology.

The official website for Seagate Technology is http://www.seagate.com/.

Seagate Technology's mailing address is 38/39 FITZWILLIAM SQUARE, DUBLIN L2, D02 NX53. The data storage provider can be reached via phone at 353-1234-3136 or via email at [email protected]