NYSE:DLB Dolby Laboratories (DLB) Stock Forecast, Price & News $82.33 -0.20 (-0.24%) (As of 11:26 AM ET) Add Compare Share Share Today's Range$81.99▼$82.4150-Day Range$81.06▼$85.9152-Week Range$61.55▼$88.06Volume56,740 shsAverage Volume351,041 shsMarket Capitalization$7.86 billionP/E Ratio33.33Dividend Yield1.31%Price Target$103.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Dolby Laboratories MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside25.6% Upside$103.00 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.42Upright™ Environmental ScoreNews Sentiment-0.14Based on 8 Articles This WeekInsider TradingSelling Shares$4.72 M Sold Last QuarterProj. Earnings Growth12.96%From $2.47 to $2.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsConsumer Discretionary Sector26th out of 277 stocksPatent Owners & Lessors Industry1st out of 7 stocks 3.3 Analyst's Opinion Consensus RatingDolby Laboratories has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $103.00, Dolby Laboratories has a forecasted upside of 25.6% from its current price of $81.99.Amount of Analyst CoverageDolby Laboratories has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.32% of the float of Dolby Laboratories has been sold short.Short Interest Ratio / Days to CoverDolby Laboratories has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Dolby Laboratories has recently increased by 5.00%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldDolby Laboratories pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDolby Laboratories has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Dolby Laboratories is 43.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Dolby Laboratories will have a dividend payout ratio of 38.71% next year. This indicates that Dolby Laboratories will be able to sustain or increase its dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDolby Laboratories has received a 41.06% net impact score from Upright. Dolby Laboratories seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Digital audio workstation software", "Audio editing software", and "Cinematographic audio systems" products. See details.Environmental SustainabilityThe Environmental Impact score for Dolby Laboratories is -0.42. Previous Next 1.6 News and Social Media Coverage News SentimentDolby Laboratories has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Dolby Laboratories this week, compared to 4 articles on an average week.Search Interest5 people have searched for DLB on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Dolby Laboratories to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dolby Laboratories insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,716,204.00 in company stock.Percentage Held by Insiders39.25% of the stock of Dolby Laboratories is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions82.30% of the stock of Dolby Laboratories is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Dolby Laboratories are expected to grow by 12.96% in the coming year, from $2.47 to $2.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dolby Laboratories is 33.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Dolby Laboratories is 33.19, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.13.Price to Earnings Growth RatioDolby Laboratories has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDolby Laboratories has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Dolby Laboratories (NYSE:DLB) StockDolby Laboratories, Inc. engages in the provision of audio and imaging technologies. It transforms entertainment and communications for content playback in movies, television, music, and gaming. Its products include Cinema Imaging Products, Cinema Audio Products, and other products such as 3-D kits, broadcast hardware and software, monitors, and solutions for hearing impaired consumers. The company was founded by Ray Milton Dolby in 1965 and is headquartered in San Francisco, CA.Read More Receive DLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dolby Laboratories and its competitors with MarketBeat's FREE daily newsletter. Email Address DLB Stock News HeadlinesMay 27, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for Dolby Laboratories, Inc. (NYSE:DLB) Issued By Zacks ResearchMay 26, 2023 | americanbankingnews.comQ2 2025 EPS Estimates for Dolby Laboratories, Inc. Decreased by Analyst (NYSE:DLB)June 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 24, 2023 | finance.yahoo.comReturns At Dolby Laboratories (NYSE:DLB) Appear To Be Weighed DownMay 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Dolby Laboratories (NYSE:DLB)May 18, 2023 | finance.yahoo.comDolby Achieves Milestone of 500th Theatrical Film in Dolby Vision and Dolby Atmos with Mission: Impossible - Dead Reckoning Part OneMay 18, 2023 | americanbankingnews.comJohn D. Couling Sells 278 Shares of Dolby Laboratories, Inc. (NYSE:DLB) StockMay 17, 2023 | msn.comDolby Laboratories's Return on Invested Capital OverviewJune 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 15, 2023 | finance.yahoo.comDolby Laboratories Senior Vice President and Chief Financial Officer Robert Park and Senior Vice President of Entertainment John Couling to Host Fireside Chat at the J.P. Morgan Technology, Media, and Communications ConferenceMay 13, 2023 | americanbankingnews.comDolby Laboratories, Inc. (NYSE:DLB) EVP Sells $1,253,850.00 in StockMay 12, 2023 | americanbankingnews.comEmily Rollins Sells 1,000 Shares of Dolby Laboratories, Inc. (NYSE:DLB) StockMay 10, 2023 | finance.yahoo.comHere's What We Like About Dolby Laboratories' (NYSE:DLB) Upcoming DividendMay 9, 2023 | finance.yahoo.comDolby Laboratories, Inc. (NYSE:DLB) Q2 2023 Earnings Call TranscriptMay 6, 2023 | msn.comDolby Laboratories Inc - (DLB) Declares $0.27 DividendMay 5, 2023 | finance.yahoo.comQ2 2023 Dolby Laboratories Inc Earnings CallMay 5, 2023 | finance.yahoo.comDolby Laboratories (DLB) Q2 Earnings and Revenues Top EstimatesMay 4, 2023 | msn.comRecap: Dolby Laboratories Q2 EarningsMay 3, 2023 | msn.comJust wait until you hear lossless Dolby Atmos MusicApril 27, 2023 | msn.comRosenblatt Reiterates Dolby Laboratories Inc - (DLB) Buy RecommendationApril 27, 2023 | americanbankingnews.comDolby Laboratories (DLB) to Release Quarterly Earnings on ThursdayApril 25, 2023 | finance.yahoo.comIMAX Partners With Galaxy Cinema for Two Locations in VietnamApril 25, 2023 | finance.yahoo.comDolby Laboratories Announces Conference Call and Webcast for Q2 Fiscal 2023 Financial ResultsApril 24, 2023 | finance.yahoo.comDolby Showcases Global Momentum at CinemaCon 2023April 24, 2023 | msn.comDolby Laboratories Celebrates 500th Film Formatted in Dolby Vision and AtmosApril 19, 2023 | finance.yahoo.comIMAX and Megarama Expand Partnership for Three New LocationsApril 16, 2023 | americanbankingnews.comDolby Laboratories, Inc. (NYSE:DLB) CEO Sells $2,598,978.76 in StockSee More Headlines DLB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DLB Company Calendar Last Earnings11/16/2021Ex-Dividend for 5/23 Dividend5/15/2023Dividend Payable5/23/2023Today6/01/2023Next Earnings (Estimated)8/08/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Patent owners & lessors Sub-IndustryElectronic Components SectorConsumer Discretionary Current SymbolNYSE:DLB CUSIP25659T10 CIK1308547 Webwww.dolby.com Phone(415) 558-0200Fax415-645-4000Employees2,336Year Founded1965Price Target and Rating Average Stock Price Forecast$103.00 High Stock Price Forecast$116.00 Low Stock Price Forecast$90.00 Forecasted Upside/Downside+24.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.47 Trailing P/E Ratio33.41 Forward P/E Ratio33.41 P/E Growth2.05Net Income$184.09 million Net Margins18.96% Pretax Margin23.28% Return on Equity10.81% Return on Assets9.04% Debt Debt-to-Equity RatioN/A Current Ratio4.66 Quick Ratio4.56 Sales & Book Value Annual Sales$1.25 billion Price / Sales6.29 Cash Flow$3.53 per share Price / Cash Flow23.39 Book Value$24.67 per share Price / Book3.35Miscellaneous Outstanding Shares95,510,000Free Float58,020,000Market Cap$7.88 billion OptionableOptionable Beta1.00 Social Links Key ExecutivesKevin J. YeamanPresident, Chief Executive Officer & DirectorRobert J. ParkChief Financial Officer & Senior Vice PresidentMark Andrew ShermanSecretary, Executive VP & General CounselLinda RogersChief People Officer & Senior Vice PresidentTodd PendletonChief Marketing Officer & Senior Vice PresidentKey CompetitorsLiberty GlobalNASDAQ:LBTYKWorld Wrestling EntertainmentNYSE:WWESkechers U.S.A.NYSE:SKXRokuNASDAQ:ROKULiberty GlobalNASDAQ:LBTYAView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,576 shares on 5/26/2023Ownership: 0.046%Empower Advisory Group LLCBought 8,663 shares on 5/25/2023Ownership: 0.009%Ameriprise Financial Inc.Bought 145,150 shares on 5/22/2023Ownership: 0.392%New York State Common Retirement FundSold 1,720 shares on 5/18/2023Ownership: 0.312%JPMorgan Chase & Co.Bought 40,864 shares on 5/18/2023Ownership: 0.176%View All Insider TransactionsView All Institutional Transactions DLB Stock - Frequently Asked Questions Should I buy or sell Dolby Laboratories stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dolby Laboratories in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DLB shares. View DLB analyst ratings or view top-rated stocks. What is Dolby Laboratories' stock price forecast for 2023? 3 brokers have issued 1 year price objectives for Dolby Laboratories' shares. Their DLB share price forecasts range from $90.00 to $116.00. On average, they predict the company's share price to reach $103.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View analysts price targets for DLB or view top-rated stocks among Wall Street analysts. How have DLB shares performed in 2023? Dolby Laboratories' stock was trading at $70.54 at the beginning of the year. Since then, DLB shares have increased by 17.0% and is now trading at $82.53. View the best growth stocks for 2023 here. Are investors shorting Dolby Laboratories? Dolby Laboratories saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 737,800 shares, a decline of 16.4% from the April 15th total of 882,500 shares. Based on an average daily volume of 338,500 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.3% of the shares of the company are short sold. View Dolby Laboratories' Short Interest. When is Dolby Laboratories' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our DLB earnings forecast. How were Dolby Laboratories' earnings last quarter? Dolby Laboratories, Inc. (NYSE:DLB) issued its quarterly earnings results on Tuesday, November, 16th. The electronics maker reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The electronics maker earned $285.03 million during the quarter, compared to analyst estimates of $299.95 million. Dolby Laboratories had a trailing twelve-month return on equity of 10.81% and a net margin of 18.96%. The business's revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 EPS. How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories? Dolby Laboratories declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Tuesday, May 16th will be given a dividend of $0.27 per share on Tuesday, May 23rd. This represents a $1.08 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Monday, May 15th. Read our dividend analysis for DLB. What ETFs hold Dolby Laboratories' stock? ETFs with the largest weight of Dolby Laboratories (NYSE:DLB) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT), ProShares S&P Technology Dividend Aristocrats ETF (TDV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Fount Metaverse ETF (MTVR), Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), WisdomTree U.S. Multifactor Fund (USMF), American Century Low Volatility ETF (LVOL) and Vanguard U.S. Minimum Volatility ETF (VFMV). Is Dolby Laboratories a good dividend stock? Dolby Laboratories (NYSE:DLB) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DLB will have a dividend payout ratio of 38.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DLB. What guidance has Dolby Laboratories issued on next quarter's earnings? Dolby Laboratories updated its third quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $0.47-$0.62 for the period, compared to the consensus EPS estimate of $0.71. The company issued revenue guidance of $285.00 million-$315.00 million, compared to the consensus revenue estimate of $303.92 million. What is Kevin J. Yeaman's approval rating as Dolby Laboratories' CEO? 253 employees have rated Dolby Laboratories Chief Executive Officer Kevin J. Yeaman on Glassdoor.com. Kevin J. Yeaman has an approval rating of 84% among the company's employees. What other stocks do shareholders of Dolby Laboratories own? Based on aggregate information from My MarketBeat watchlists, some companies that other Dolby Laboratories investors own include InterDigital (IDCC), Energy Transfer (ET), Advanced Micro Devices (AMD), AbbVie (ABBV), Abbott Laboratories (ABT), Bank of Hawaii (BOH), Mastercard (MA), STAG Industrial (STAG), Comcast (CMCSA) and NVIDIA (NVDA). What is Dolby Laboratories' stock symbol? Dolby Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLB." Who are Dolby Laboratories' major shareholders? Dolby Laboratories' stock is owned by a variety of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (5.51%), BlackRock Inc. (3.25%), Clearbridge Investments LLC (2.94%), Ninety One UK Ltd (2.35%), Mackenzie Financial Corp (1.56%) and Bank of New York Mellon Corp (1.53%). Insiders that own company stock include Anjali Sud, Avadis Tevanian, Emily Rollins, Giles Baker, John D Couling, Kenneth D Knight, Kevin J Yeaman, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Peter C Gotcher, Peter C Gotcher, Ryan Nicholson, Simon Segars, Steven E Forshay, Steven E Forshay and Todd Pendleton. View institutional ownership trends. How do I buy shares of Dolby Laboratories? Shares of DLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Dolby Laboratories' stock price today? One share of DLB stock can currently be purchased for approximately $82.53. How much money does Dolby Laboratories make? Dolby Laboratories (NYSE:DLB) has a market capitalization of $7.88 billion and generates $1.25 billion in revenue each year. The electronics maker earns $184.09 million in net income (profit) each year or $2.47 on an earnings per share basis. How many employees does Dolby Laboratories have? The company employs 2,336 workers across the globe. Does Dolby Laboratories have any subsidiaries? The following companies are subsidiares of Dolby Laboratories: Coding Technologies, Dolby International AB, Dolby Laboratories Licensing Corporation, Doremi Labs, Step Labs, and Voxeet.Read More How can I contact Dolby Laboratories? Dolby Laboratories' mailing address is 1275 MARKET STREET, SAN FRANCISCO CA, 94103. The official website for the company is www.dolby.com. The electronics maker can be reached via phone at (415) 558-0200, via email at investor@dolby.com, or via fax at 415-645-4000. This page (NYSE:DLB) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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