What is Western Digital Corporation's stock symbol?
Western Digital Corporation trades on the NASDAQ under the ticker symbol "WDC."
How often does Western Digital Corporation pay dividends? What is the dividend yield for Western Digital Corporation?
Western Digital Corporation declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Friday, March 31st will be paid a dividend of $0.50 per share on Monday, April 17th. This represents a $2.00 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Wednesday, March 29th.
Where is Western Digital Corporation's stock going? Where will Western Digital Corporation's stock price be in 2017?
32 analysts have issued 1 year target prices for Western Digital Corporation's shares. Their predictions range from $50.00 to $105.00. On average, they expect Western Digital Corporation's stock price to reach $82.15 in the next year.
When will Western Digital Corporation announce their earnings?
Western Digital Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Western Digital Corporation stock?
Here are some recent quotes from research analysts about Western Digital Corporation stock:
- Susquehanna Bancshares Inc analysts commented, "The key takeaway relative to our coverage from Toshiba's report earlier today is the company's willingness to entertain offers for a majority stake in its Memory business, which is a departure in strategy from Toshiba's prior commentary on its 1/27 call that it would be focused on a minority stake sale (up to 20%). Given the size of Toshiba's write down associated with its US nuclear business coming in at the high end of expectations (~712B Yen vs. expected range of 500B-700B), this clearly indicates that Toshiba is entertaining the sale of a larger % of its successful Memory business in order to raise more funding for the parent company. For WDC, it remains unclear if WDC possesses any veto power on a majority stake sale given that the Memory business has been split off from the parent company, and a majority equity stake sale would likely be considered a change of control as it pertains to Toshiba's stake in the JV. Said another way, while we believe WDC has a say in any change in JV strategy or makeup, we do not believe WDC would be able to veto any change of control situation within Toshiba's Memory business." (2/10/2017)
Benchmark Co. analysts commented, "We attribute the margin improvement primarily to lower costs, on-going restructuring efforts and strength in NAND flash pricing." (1/26/2017)
Jefferies Group LLC analysts commented, "WDC held its first Analyst day in 4 years (the same interval as the Olympics). The long-term financial model and growth expectations were a bit better than we expected. WDC also positively pre-announced Q2 and announced it was shipping 64-Layer 3D NAND commercially." (12/7/2016)
According to Zacks Investment Research, "Western Digital is likely to benefit from the improving prices of NAND chips as the company has forayed into this space with the acquisition of SanDsik. Off late, NAND prices have improved primarily due to a better product mix optimization and stronger-than-expected demand for servers and mobiles. Moreover, industry experts believe that total demand could surpass manufacturing capacity, leading to a periodic shortage and higher pricing in the near term. We believe that any increase in prices will have a favorable impact on the company’s top line, the benefit of which is likely to flow down to the bottom line. Meanwhile, estimates have been going up ahead of the company's Q1 earnings release. However, stiff competition from other major players still remains cause of concern. Gartner’s latest prediction regarding PC shipments casts a shadow on the stock’s future performance." (10/19/2016)
Longbow Research analysts commented, "The Sandisk deal was expensive, dilutive to near-term models, and took time for the Street to digest; but WD is now primed to reap the spoils as a one-stop, vertically-integrated, media-agnostic storage provider that should generate substantial earnings accretion in FY18 on the favorable demand backdrop combined with reductions in operating and interest expense. Our 12-month target price is $70, or less than 12x our FY18E EPS estimate of $5.90." (9/13/2016)
Who owns Western Digital Corporation stock?
Western Digital Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.20%), FMR LLC (2.01%), Franklin Resources Inc. (1.40%), Dimensional Fund Advisors LP (1.04%), FIL Ltd (0.80%) and TCW Group Inc. (0.73%). Company insiders that own Western Digital Corporation stock include Henry T Denero, James J Murphy, Manish H Bhatia, Mark P Long, Matthew E Massengill, Michael Charles Ray, Michael D Cordano, Olivier Leonetti, Sanjay Mehrotra and Stephen D Milligan.
Who sold Western Digital Corporation stock? Who is selling Western Digital Corporation stock?
Western Digital Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Franklin Resources Inc., Alyeska Investment Group L.P., FIL Ltd, Aberdeen Asset Management PLC UK, Systematic Financial Management LP, AQR Capital Management LLC and Zurich Insurance Group Ltd FI. Company insiders that have sold Western Digital Corporation stock in the last year include Henry T Denero, Manish H Bhatia, Matthew E Massengill, Michael Charles Ray, Michael D Cordano, Sanjay Mehrotra and Stephen D Milligan.
Who bought Western Digital Corporation stock? Who is buying Western Digital Corporation stock?
Western Digital Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Viking Global Investors LP, State Street Corp, Tourbillon Capital Partners L.P., Credit Agricole S A, Fred Alger Management Inc., Asset Management One Co. Ltd. and Dimensional Fund Advisors LP.
How do I buy Western Digital Corporation stock?
Shares of Western Digital 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.
How much does a share of Western Digital Corporation stock cost?
One share of Western Digital Corporation stock can currently be purchased for approximately $74.47.