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NYSE:DLB

Dolby Laboratories Stock Forecast, Price & News

$95.43
+2.24 (+2.40 %)
(As of 05/14/2021 12:00 AM ET)
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Today's Range
$93.70
$95.80
50-Day Range
$92.17
$103.53
52-Week Range
$53.09
$104.74
Volume409,591 shs
Average Volume507,348 shs
Market Capitalization$9.70 billion
P/E Ratio42.41
Dividend Yield0.94%
Beta0.89
30 days | 90 days | 365 days | Advanced Chart
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Dolby Laboratories logo

About Dolby Laboratories

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.

Headlines

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Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryElectronic Components
CUSIP25659T10
Phone(415) 558-0200
Employees2,289
Year Founded1965

Sales & Book Value

Annual Sales$1.16 billion
Cash Flow$3.28 per share
Book Value$24.30 per share

Profitability

Net Income$231.36 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$9.70 billion
Next Earnings Date8/2/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.80 out of 5 stars

Consumer Discretionary Sector

72nd out of 571 stocks

Patent Owners & Lessors Industry

4th out of 28 stocks

Analyst Opinion: 1.2Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Dolby Laboratories (NYSE:DLB) Frequently Asked Questions

Is Dolby Laboratories a buy 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 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Dolby Laboratories stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DLB, but not buy additional shares or sell existing shares.
View analyst ratings for Dolby Laboratories
or view top-rated stocks.

What stocks does MarketBeat like better than Dolby Laboratories?

Wall Street analysts have given Dolby Laboratories a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Dolby Laboratories wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Dolby Laboratories' next earnings date?

Dolby Laboratories is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Dolby Laboratories
.

How were Dolby Laboratories' earnings last quarter?

Dolby Laboratories, Inc. (NYSE:DLB) posted its quarterly earnings data on Tuesday, May, 4th. The electronics maker reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.44. The electronics maker had revenue of $319.56 million for the quarter, compared to the consensus estimate of $294.29 million. Dolby Laboratories had a trailing twelve-month return on equity of 9.89% and a net margin of 19.91%. The firm's revenue was down 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 earnings per share.
View Dolby Laboratories' earnings history
.

How has Dolby Laboratories' stock price been impacted by Coronavirus (COVID-19)?

Dolby Laboratories' stock was trading at $60.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DLB shares have increased by 58.4% and is now trading at $95.43.
View which stocks have been most impacted by COVID-19
.

How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories?

Dolby Laboratories declared a quarterly dividend on Tuesday, May 4th. Stockholders of record on Monday, May 17th will be given a dividend of $0.22 per share on Tuesday, May 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Friday, May 14th.
View Dolby Laboratories' dividend history
.

Is Dolby Laboratories a good dividend stock?

Dolby Laboratories pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.94%. Dolby Laboratories does not yet have a strock track record of dividend growth. The dividend payout ratio of Dolby Laboratories is 38.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Dolby Laboratories will have a dividend payout ratio of 30.34% next year. This indicates that Dolby Laboratories will be able to sustain or increase its dividend.
View Dolby Laboratories' dividend history.

What guidance has Dolby Laboratories issued on next quarter's earnings?

Dolby Laboratories issued an update on its third quarter 2021 earnings guidance on Tuesday, May, 11th. The company provided EPS guidance of 0.370-0.520 for the period, compared to the Thomson Reuters consensus estimate of $0.630. The company issued revenue guidance of $260 million-$290 million, compared to the consensus revenue estimate of $278.80 million.

What price target have analysts set for DLB?

3 brokers have issued twelve-month price objectives for Dolby Laboratories' shares. Their forecasts range from $83.00 to $89.00. On average, they anticipate Dolby Laboratories' share price to reach $86.00 in the next twelve months. This suggests that the stock has a possible downside of 9.9%.
View analysts' price targets for Dolby Laboratories
or view top-rated stocks among Wall Street analysts.

Who are Dolby Laboratories' key executives?

Dolby Laboratories' management team includes the following people:
  • Mr. Kevin J. Yeaman, Pres, CEO & Director (Age 55, Pay $877.74k) (LinkedIn Profile)
  • Mr. Lewis Chew, Exec. VP & CFO (Age 58, Pay $851.49k) (LinkedIn Profile)
  • Mr. Andy Sherman, Exec. VP, Gen. Counsel & Corp. Sec. (Age 54, Pay $796.73k) (LinkedIn Profile)
  • Mr. Todd Pendleton, Sr. VP & Chief Marketing Officer (Age 49, Pay $827.53k)
  • Mr. Giles Baker, Sr. VP of Consumer Entertainment (Age 45, Pay $774.32k) (LinkedIn Profile)
  • Mr. Ryan Nicholson, VP & Corp. Controller
  • Mr. Jason Dea, Director of Corp. Fin. & Investor Relations
  • Mr. Craig Todd, CTO & Sr. VP
  • Ms. Linda Rogers, Sr. VP & Chief People Officer (LinkedIn Profile)
  • Mr. Steven E. Forshay, Sr. VP of Advanced Technology Group (Age 67)

What is Kevin J. Yeaman's approval rating as Dolby Laboratories' CEO?

253 employees have rated Dolby Laboratories CEO Kevin J. Yeaman on Glassdoor.com. Kevin J. Yeaman has an approval rating of 84% among Dolby Laboratories' employees.

Who are some of Dolby Laboratories' key competitors?

Some companies that are related to Dolby Laboratories include Amphenol (APH), Corning (GLW), Littelfuse (LFUS), Rogers (ROG) and Vishay Intertechnology (VSH).
View all of DLB's competitors
.

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 shareholders include BlackRock Inc. (3.81%), Clearbridge Investments LLC (3.51%), Jackson Square Partners LLC (2.73%), Soma Equity Partners LP (2.26%), Bank of New York Mellon Corp (0.94%) and Geode Capital Management LLC (0.86%). Company insiders that own Dolby Laboratories stock include Avadis Tevanian, Dagmar Dolby, Ed H Bowman Jr, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Peter C Gotcher, Ryan Nicholson, Steven E Forshay and Todd Pendleton.
View institutional ownership trends for Dolby Laboratories
.

Which major investors are selling Dolby Laboratories stock?

DLB stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Alliancebernstein L.P., Trinity Street Asset Management LLP, Renaissance Technologies LLC, Trigran Investments Inc., Marathon Asset Management LLP, Bank of New York Mellon Corp, and Bank of Montreal Can. Company insiders that have sold Dolby Laboratories company stock in the last year include Avadis Tevanian, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Peter C Gotcher, Ryan Nicholson, Steven E Forshay, and Todd Pendleton.
View insider buying and selling activity for Dolby Laboratories
or view top insider-selling stocks.

Which major investors are buying Dolby Laboratories stock?

DLB stock was acquired by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Standard Life Aberdeen plc, BlackRock Inc., BNP Paribas Arbitrage SA, Sei Investments Co., Soma Equity Partners LP, Acadian Asset Management LLC, and Bank of Nova Scotia.
View insider buying and selling activity for Dolby Laboratories
or or view top insider-buying stocks.

How do I buy shares of 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 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 $95.43.

How much money does Dolby Laboratories make?

Dolby Laboratories has a market capitalization of $9.70 billion and generates $1.16 billion in revenue each year. The electronics maker earns $231.36 million in net income (profit) each year or $2.30 on an earnings per share basis.

How many employees does Dolby Laboratories have?

Dolby Laboratories employs 2,289 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.

When was Dolby Laboratories founded?

Dolby Laboratories was founded in 1965.

What is Dolby Laboratories' official website?

The official website for Dolby Laboratories is www.dolby.com.

Where are Dolby Laboratories' headquarters?

Dolby Laboratories is headquartered at 1275 MARKET STREET, SAN FRANCISCO CA, 94103.

How can I contact Dolby Laboratories?

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]


This page was last updated on 5/15/2021 by MarketBeat.com Staff
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