NASDAQ:XLNX - Xilinx Stock Price, Forecast & News

Xilinx trades on the NASDAQ under the ticker symbol "XLNX."

Xilinx declared a quarterly dividend on Tuesday, January 28th. Investors of record on Tuesday, February 11th will be given a dividend of $0.37 per share on Thursday, February 20th. This represents a $1.48 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Monday, February 10th. View Xilinx's Dividend History.

Xilinx declared that its board has initiated a share repurchase plan on Wednesday, October 23rd 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 4.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Xilinx, Inc. (NASDAQ:XLNX) released its quarterly earnings results on Tuesday, January, 28th. The programmable devices maker reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.09. The programmable devices maker earned $723.50 million during the quarter, compared to analysts' expectations of $725.73 million. Xilinx's revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. View Xilinx's Earnings History.

Xilinx is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Xilinx.

Xilinx updated its fourth quarter 2020 After-Hours earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $750-780 million, compared to the consensus revenue estimate of $824.56 million.

20 brokers have issued twelve-month price targets for Xilinx's shares. Their forecasts range from $90.00 to $165.00. On average, they anticipate Xilinx's stock price to reach $108.28 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Xilinx.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xilinx in the last year. There are currently 1 sell rating, 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Xilinx.

Headlines about XLNX stock have trended neutral recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Xilinx earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the programmable devices maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Xilinx.

Xilinx saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 6,520,000 shares, an increase of 35.0% from the January 15th total of 4,830,000 shares. Based on an average daily trading volume, of 3,064,100 shares, the short-interest ratio is presently 2.1 days. Approximately 2.6% of the company's stock are sold short. View Xilinx's Current Options Chain.

Some companies that are related to Xilinx include Broadcom (AVGO), Altair Engineering (ALTR), Ambarella (AMBA), Alpha and Omega Semiconductor (AOSL), Entropic Communications (ENTR), Intermolecular (IMI), Analog Devices (ADI), CEVA (CEVA), Cirrus Logic (CRUS), Cree (CREE), Cypress Semiconductor (CY), Diodes (DIOD), DSP Group (DSPG), First Solar (FSLR) and GSI Technology (GSIT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Xilinx investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Paypal (PYPL), Alibaba Group (BABA), Walt Disney (DIS), QUALCOMM (QCOM), Intel (INTC), Netflix (NFLX) and Cisco Systems (CSCO).

Xilinx's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.20%), FMR LLC (2.30%), Jennison Associates LLC (1.38%), Ceredex Value Advisors LLC (1.01%), Bank of New York Mellon Corp (1.00%) and Franklin Resources Inc. (0.97%). Company insiders that own Xilinx stock include Catia Hagopian, Elizabeth W Vanderslice, Emre Onder, John Michael Patterson, Lorenzo Flores, Mark Wadlington, Marshall C Turner, Saar Gillai, Salil Raje, Vamsi Boppana, Victor Peng, Vincent Tong and William Christopher Madden. View Institutional Ownership Trends for Xilinx.

XLNX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Fred Alger Management LLC, Renaissance Technologies LLC, Franklin Resources Inc., Bessemer Group Inc., Nomura Asset Management Co. Ltd. and MERIAN GLOBAL INVESTORS UK Ltd. Company insiders that have sold Xilinx company stock in the last year include Catia Hagopian, Elizabeth W Vanderslice, Emre Onder, John Michael Patterson, Mark Wadlington, Marshall C Turner, Saar Gillai, Salil Raje, Vamsi Boppana, Victor Peng, Vincent Tong and William Christopher Madden. View Insider Buying and Selling for Xilinx.

XLNX stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Ceredex Value Advisors LLC, Robecosam AG, Jennison Associates LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Pictet Asset Management Ltd. and ARK Investment Management LLC. View Insider Buying and Selling for Xilinx.

Shares of XLNX 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 XLNX stock can currently be purchased for approximately $90.17.