Symantec Corporation Company Profile (NASDAQ:SYMC)

Symantec Corporation trades on the NASDAQ under the ticker symbol "SYMC."

Symantec Corporation declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 21st will be given a dividend of $0.075 per share on Wednesday, September 13th. This represents a $0.30 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 17th. View Symantec Corporation's Dividend History.

Symantec Corporation (NASDAQ:SYMC) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.03. The company earned $1.23 billion during the quarter, compared to analysts' expectations of $1.20 billion. Symantec Corporation had a negative net margin of 8.68% and a positive return on equity of 10.73%. The business's revenue was up 38.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. View Symantec Corporation's Earnings History.

Symantec Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Symantec Corporation.

Symantec Corporation updated its FY18 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.79-1.89 for the period, compared to the Thomson Reuters consensus estimate of $1.79. The company issued revenue guidance of $5.16-5.26 billion, compared to the consensus revenue estimate of $5.15 billion.Symantec Corporation also updated its Q2 guidance to $0.40-0.44 EPS.

26 brokers have issued twelve-month price targets for Symantec Corporation's stock. Their predictions range from $18.00 to $40.00. On average, they anticipate Symantec Corporation's stock price to reach $31.43 in the next year. View Analyst Ratings for Symantec Corporation.

Here are some recent quotes from research analysts about Symantec Corporation stock:

• 1. According to Zacks Investment Research, "Estimates for internet security provider, Symantec, have been unchanged, of late, ahead of the company’s Q2 earnings release. The company, during its first-quarter earnings release, announced that privately-owned DigiCert Inc. has agreed to buy its Website Security business. However, we consider that although the sale of its certified authority business will avoid conflicts with Alphabet, the high margin of the sold business may hurt Symantec’s near-term profitability. Furthermore, changing customer spending behavior makes us pretty skeptical about Symantec’s near-term performance. Moreover, smaller companies like Kaspersky are consistently launching comparable products. These, along with competition from the likes of Microsoft, remain headwinds. The uncertainty over PC sales adds to its woes. Nonetheless, the stock has outperformed the industry to which it belongs to in the last one year." (10/9/2017)
• 2. Piper Jaffray Companies analysts commented, "Symantec reported solid FQ3(Dec) results across all metrics and guided above the Street for FQ4(Mar), excluding FX headwinds. Both the Enterprise and Consumer segments improved and we are particularly encouraged by the improving growth rates of the Enterprise Endpoint products, following the release of SEP14. With the LOCK deal expected to close on Feb 9, we believe there could be significant upside potential to FY18 EPS guidance. We reiterate our Overweight rating and raise our PT to $35 (prev $31)." (2/2/2017)
• 3. Jefferies Group LLC analysts commented, "SYMC is well positioned to answer a pressing customer desire to consolidate security functionality and address a shift to Cloud with a strong management team and a logical plan. However, new business has been declining significantly, which will be difficult to reverse with a largely ratable rev model, while investor exuberance has already incorporated some success and leaves little room for upside, especially when adjusting for stock based comp. Hold; $27 PT." (1/18/2017)

Some companies that are related to Symantec Corporation include Electronic Arts (EA), Autodesk (ADSK), Workday (WDAY), Check Point Software Technologies (CHKP), Mobileye NV (MBLY), Square (SQ), ANSYS (ANSS), PTC (PTC), King Digital Entertainment PLC (KING), Sabre Corporation (SABR), Mulesoft (MULE), Zendesk (ZEN), Twilio (TWLO), Box (BOX), New Relic (NEWR), CyberArk Software (CYBR), Five9 (FIVN) and Keywords Studios PLC (KWS).

Symantec Corporation's management team includes the folowing people:

• Michael David Fey, President, Chief Operating Officer
• Gregory S. Clark, Chief Executive Officer, Director
• Nicholas R. Noviello CPA, Chief Financial Officer, Executive Vice President
• Amy L. Cappellanti-Wolf, Chief Human Resource Officer, Senior Vice President
• Scott C. Taylor, Executive Vice President, General Counsel, Secretary
• Roxane Divol, Executive Vice President and General Manager - Website Security
• Francis C. Rosch, Executive Vice President - Consumer Business
• Fredrik Torstensson, Senior Vice President of Global Sales and Field Marketing
• Daniel H. Schulman, Independent Chairman of the Board
• Frank E. Dangeard, Independent Director

Symantec Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Nationwide Fund Advisors (0.08%), APG Asset Management N.V. (0.07%), Robeco Institutional Asset Management B.V. (0.03%), State Treasurer State of Michigan (0.03%), Shell Asset Management Co. (0.02%) and Mutual of America Capital Management LLC (0.02%). Company insiders that own Symantec Corporation stock include Amy L Cappellanti-Wolf, Anita M Sands, Brett Shirk, Francis C Rosch, Gregory S Clark, Mark S Garfield, Michael David Fey, Nicholas R Noviello, Roxane Divol, Scott C Taylor and Suzanne M Vautrinot. View Institutional Ownership Trends for Symantec Corporation.

Symantec Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., State Treasurer State of Michigan, Nationwide Fund Advisors and Mutual of America Capital Management LLC. Company insiders that have sold Symantec Corporation stock in the last year include Amy L Cappellanti-Wolf, Anita M Sands, Francis C Rosch, Gregory S Clark, Mark S Garfield, Michael David Fey, Nicholas R Noviello, Roxane Divol, Scott C Taylor and Suzanne M Vautrinot. View Insider Buying and Selling for Symantec Corporation.

Symantec Corporation's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Fox Run Management L.L.C., Oakbrook Investments LLC, Whittier Trust Co. and Strs Ohio. View Insider Buying and Selling for Symantec Corporation.

Shares of Symantec Corporation 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 Symantec Corporation stock can currently be purchased for approximately $32.22.