NYSE:BHE - Benchmark Electronics Stock Price, Forecast & News

Benchmark Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHE."

Benchmark Electronics announced a quarterly dividend on Monday, December 16th. Shareholders of record on Monday, December 30th will be given a dividend of $0.15 per share on Monday, January 13th. This represents a $0.60 annualized dividend and a yield of 1.63%. The ex-dividend date is Friday, December 27th. View Benchmark Electronics' Dividend History.

Benchmark Electronics declared that its Board of Directors has authorized a share repurchase program on Tuesday, October 30th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Benchmark Electronics, Inc. (NYSE:BHE) released its earnings results on Thursday, October, 24th. The technology company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.02. The technology company had revenue of $555 million for the quarter, compared to analysts' expectations of $539.55 million. Benchmark Electronics had a net margin of 2.40% and a return on equity of 5.49%. The company's revenue was down 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. View Benchmark Electronics' Earnings History.

Benchmark Electronics is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Benchmark Electronics.

Benchmark Electronics updated its fourth quarter earnings guidance on Thursday, October, 24th. The company provided EPS guidance of $0.34-0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.38. The company issued revenue guidance of $520-570 million, compared to the consensus revenue estimate of $555.30 million.

3 brokerages have issued 12-month price objectives for Benchmark Electronics' shares. Their forecasts range from $36.00 to $38.00. On average, they expect Benchmark Electronics' share price to reach $37.00 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Benchmark Electronics.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Benchmark Electronics.

Media stories about BHE stock have been trending positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Benchmark Electronics earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Benchmark Electronics.

Benchmark Electronics saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 896,200 shares, a decrease of 21.4% from the December 15th total of 1,140,000 shares. Based on an average trading volume of 263,400 shares, the short-interest ratio is presently 3.4 days. Approximately 2.4% of the shares of the stock are short sold. View Benchmark Electronics' Current Options Chain.

Some companies that are related to Benchmark Electronics include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

Based on aggregate information from My MarketBeat watchlists, some companies that other Benchmark Electronics investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Ford Motor (F), SandRidge Permian Trust (PER), Martin Midstream Partners (MMLP), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), AT&T (T) and Capitala Finance (CPTA).

Benchmark Electronics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.50%), Nisa Investment Advisors LLC (0.13%), Horrell Capital Management Inc. (0.09%), First National Bank of Omaha (0.09%), State of Alaska Department of Revenue (0.08%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Benchmark Electronics stock include Lisa K Weeks and Robert K Gifford. View Institutional Ownership Trends for Benchmark Electronics.

BHE stock was sold by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Tributary Capital Management LLC, Nisa Investment Advisors LLC, Bowling Portfolio Management LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Benchmark Electronics company stock in the last year include Lisa K Weeks and Robert K Gifford. View Insider Buying and Selling for Benchmark Electronics.

BHE stock was acquired by a variety of institutional investors in the last quarter, including Sciencast Management LP and First National Bank of Omaha. View Insider Buying and Selling for Benchmark Electronics.

Shares of BHE 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 BHE stock can currently be purchased for approximately $36.84.

Benchmark Electronics has a market capitalization of $1.36 billion and generates $2.57 billion in revenue each year. The technology company earns $22.82 million in net income (profit) each year or $1.45 on an earnings per share basis. Benchmark Electronics employs 10,500 workers across the globe.View Additional Information About Benchmark Electronics.

The official website for Benchmark Electronics is http://www.bench.com/.

Benchmark Electronics' mailing address is 56 SOUTH ROCKFORD DRIVE, TEMPE AZ, 85281. The technology company can be reached via phone at 623-300-7000 or via email at [email protected]