NYSE:DLB - Dolby Laboratories Stock Price, Price Target & More

Dolby Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLB."

Dolby Laboratories announced a quarterly dividend on Tuesday, April 24th. Investors of record on Monday, May 7th will be given a dividend of $0.16 per share on Wednesday, May 16th. This represents a $0.64 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, May 4th. View Dolby Laboratories' Dividend History.

Dolby Laboratories announced that its Board of Directors has authorized a share buyback program on Sunday, April 9th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Dolby Laboratories, Inc. (NYSE:DLB) released its quarterly earnings data on Tuesday, April, 24th. The electronics maker reported $0.78 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.64 by $0.14. The electronics maker earned $301.36 million during the quarter, compared to the consensus estimate of $300.37 million. Dolby Laboratories had a net margin of 7.64% and a return on equity of 12.73%. The business's revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 EPS. View Dolby Laboratories' Earnings History.

Dolby Laboratories is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Dolby Laboratories.

Dolby Laboratories updated its third quarter earnings guidance on Tuesday, April, 24th. The company provided earnings per share guidance of $0.78-0.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.97. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $330.43 million.

5 equities research analysts have issued 12-month target prices for Dolby Laboratories' stock. Their forecasts range from $52.00 to $78.00. On average, they anticipate Dolby Laboratories' share price to reach $65.20 in the next year. View Analyst Ratings for Dolby Laboratories.

Some companies that are related to Dolby Laboratories include InterDigital (IDCC), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Quarterhill (QTRH), Digital Turbine (APPS), Liberty Tax Service (TAX), The Joint (JYNT), MGT Capital Investments (MGTI), Finjan (FNJN), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).

News stories about DLB stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dolby Laboratories earned a news impact score of 0.18 on Accern's scale. They also assigned press coverage about the electronics maker an impact score of 45.49 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Dolby Laboratories' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.87%), American Century Companies Inc. (1.44%), Allianz Asset Management GmbH (1.12%), Thrivent Financial for Lutherans (0.92%), Fiera Capital Corp (0.83%) and OppenheimerFunds Inc. (0.77%). Company insiders that own Dolby Laboratories stock include Bob Borchers, Dagmar Dolby, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Michael Bergeron, N William Jasper, Jr, Nicholas Donatiello Jr, Nicholas Donatiello, Jr, Peter C Gotcher and Steven E Forshay. View Institutional Ownership Trends for Dolby Laboratories.

DLB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Schroder Investment Management Group, American Century Companies Inc., JPMorgan Chase & Co., OppenheimerFunds Inc., UBS Group AG, BlackRock Inc. and Russell Investments Group Ltd.. Company insiders that have sold Dolby Laboratories company stock in the last year include Bob Borchers, Dagmar Dolby, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, N William Jasper, Jr, Nicholas Donatiello Jr, Peter C Gotcher and Steven E Forshay. View Insider Buying and Selling for Dolby Laboratories.

DLB stock was bought by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Summit Trail Advisors LLC, DekaBank Deutsche Girozentrale, Columbus Circle Investors, Fiera Capital Corp, Blair William & Co. IL, Wells Fargo & Company MN and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Dolby Laboratories.

Shares of DLB 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, Scottrade, Fidelity and Charles Schwab.

One share of DLB stock can currently be purchased for approximately $62.38.

Dolby Laboratories has a market capitalization of $6.50 billion and generates $1.08 billion in revenue each year. The electronics maker earns $201.80 million in net income (profit) each year or $2.20 on an earnings per share basis. Dolby Laboratories employs 2,122 workers across the globe.

Dolby Laboratories' mailing address is 1275 MARKET STREET, SAN FRANCISCO CA, 94103. The electronics maker can be reached via phone at 415-558-0200 or via email at [email protected]