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 declared a quarterly dividend on Tuesday, April 24th. Investors of record on Monday, May 7th will be paid a dividend of $0.16 per share on Wednesday, May 16th. This represents a $0.64 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, May 4th. View Dolby Laboratories' Dividend History.

Dolby Laboratories declared that its Board of Directors has initiated a stock buyback plan 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 buy up to 3.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its stock is undervalued.

Dolby Laboratories, Inc. (NYSE:DLB) announced its earnings results on Tuesday, April, 24th. The electronics maker reported $0.78 EPS for the quarter, beating analysts' consensus estimates 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 firm's revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.63 earnings per share. 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 EPS guidance of $0.78-0.84 for the period, compared to the Thomson Reuters consensus estimate of $0.97. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $330.43 million.

5 brokerages have issued 1-year price targets 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 (TAX), Joint (JYNT), Finjan (FNJN), MGT Capital Investments (MGTI), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).

News stories about DLB stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dolby Laboratories earned a media sentiment score of 0.12 on Accern's scale. They also gave headlines about the electronics maker an impact score of 46.01 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Dolby Laboratories' stock is owned by many different of institutional and retail investors. Top institutional shareholders include DOLBY DAGMAR (41.00%), DOLBY DAGMAR (40.60%), BlackRock Inc. (2.87%), American Century Companies Inc. (1.44%), Allianz Asset Management GmbH (1.12%) and Allianz Asset Management GmbH (1.12%). 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 Polar Asset Management Partners Inc.. 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, Allianz Asset Management GmbH, Summit Trail Advisors LLC, DekaBank Deutsche Girozentrale, Columbus Circle Investors, Fiera Capital Corp, Blair William & Co. IL and Wells Fargo & Company MN. 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 $63.97.

Dolby Laboratories has a market capitalization of $6.74 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]