What is Ciena Corporation's stock symbol?
Ciena Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIEN."
Where is Ciena Corporation's stock going? Where will Ciena Corporation's stock price be in 2017?
20 brokers have issued 1 year target prices for Ciena Corporation's shares. Their forecasts range from $21.03 to $33.75. On average, they anticipate Ciena Corporation's share price to reach $26.85 in the next twelve months.
When will Ciena Corporation announce their earnings?
Ciena Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.
What are analysts saying about Ciena Corporation stock?
Here are some recent quotes from research analysts about Ciena Corporation stock:
According to Zacks Investment Research, "Ciena is well positioned to benefit from rising demand for packet-optical transport and switching products, integrated network and service management software. The company has been diversifying by growing its footprint in data-center connectivity and software orientation, enhancing its reach into a broader end-to-end optical and data-equipment market. In the last reported quarter, revenues from non Telco infrastructure formed 37% of total revenues. Further, the Verizon project remains a long-term growth driver along with opportunities in DCI and submarine vertical. However, intensifying competition and customer concentration continue to be major concerns." (11/1/2016)
BMO Capital Markets analysts commented, "margins and EPS was better much than expected," said BMO. Related Link: Ciena Continues To Grow Faster Than Peers, Argus Reiterates Buy RatingThis good news is coming amid a challenging spending backdrop in the telecommunications industry. Ciena has also been diversifying its business away from telecommunications customers, with non-telco customers representing 37 percent of revenues, a record for the company. "We continue to believe that Ciena is set up well for sustained revenue growth as growth in metro optical, submarine, and DCI becomes more evident heading into 2017," (9/2/2016)
Who owns Ciena Corporation stock?
Ciena Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.08%), Renaissance Technologies LLC (2.87%), Dimensional Fund Advisors LP (2.09%), Alyeska Investment Group L.P. (0.71%), Friess Associates LLC (0.54%) and Royce & Associates LP (0.44%). Company insiders that own Ciena Corporation stock include Andrew C Petrik, Bruce L Claflin, David M Rothenstein, Francois Locoh-Donou, Gary B Smith, Harvey B Cash, James E Moylan Jr, James E Moylan, Jr, James Frodsham, Judith M Obrien, Marcus H Starke, Patrick Gallagher, Philippe Morin and Stephen B Alexander.
Who sold Ciena Corporation stock? Who is selling Ciena Corporation stock?
Ciena Corporation's stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Guggenheim Capital LLC, Federated Investors Inc. PA, Cipher Capital LP, Fiera Capital Corp, State Street Corp, Friess Associates LLC and State Board of Administration of Florida Retirement System. Company insiders that have sold Ciena Corporation stock in the last year include Andrew C Petrik, David M Rothenstein, Francois Locoh-Donou, Gary B Smith, Harvey B Cash, James E Moylan Jr, James E Moylan, Jr, James Frodsham, Judith M Obrien, Marcus H Starke, Patrick Gallagher and Stephen B Alexander.
Who bought Ciena Corporation stock? Who is buying Ciena Corporation stock?
Ciena Corporation's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Numeric Investors LLC, Royce & Associates LP, TCW Group Inc., Tudor Investment Corp Et Al and Employees Retirement System of Texas.
How do I buy Ciena Corporation stock?
Shares of Ciena 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 Ciena Corporation stock cost?
One share of Ciena Corporation stock can currently be purchased for approximately $25.75.