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 TVs, set-top boxes (STBs), personal computers (PCs), gaming consoles, mobile devices, and digital radio; 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 home theaters, cinemas, device speakers, mobile devices, and headphones.
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Industry, Sector and Symbol
Industry Patent owners & lessors
Sub-IndustryElectronic Components
SectorConsumer Discretionary
Phone415-558-0200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.24 billion
Profitability
Miscellaneous
Employees2,193
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable
Dolby Laboratories (NYSE:DLB) Frequently Asked Questions
What is Dolby Laboratories' stock symbol?
Dolby Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLB."
How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories?
Dolby Laboratories announced a quarterly dividend on Thursday, January 30th. Investors of record on Monday, February 10th will be paid a dividend of $0.22 per share on Thursday, February 20th. This represents a $0.88 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Friday, February 7th. View Dolby Laboratories' Dividend History.
How were Dolby Laboratories' earnings last quarter?
Dolby Laboratories, Inc. (NYSE:DLB) announced its quarterly earnings results on Wednesday, January, 29th. The electronics maker reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.02. The electronics maker earned $291.88 million during the quarter, compared to the consensus estimate of $285.81 million. Dolby Laboratories had a return on equity of 8.82% and a net margin of 16.71%. The business's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $0.74 EPS. View Dolby Laboratories' Earnings History.
When is Dolby Laboratories' next earnings date?
What guidance has Dolby Laboratories issued on next quarter's earnings?
Dolby Laboratories updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $3.40-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.45. The company issued revenue guidance of $1.30-1.35 billion, compared to the consensus revenue estimate of $1.33 billion.
What price target have analysts set for DLB?
5 equities research analysts have issued 12-month price objectives for Dolby Laboratories' stock. Their forecasts range from $73.00 to $85.00. On average, they anticipate Dolby Laboratories' stock price to reach $79.00 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Dolby Laboratories.
What is the consensus analysts' recommendation for Dolby Laboratories?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dolby Laboratories in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dolby Laboratories.
Has Dolby Laboratories been receiving favorable news coverage?
News coverage about DLB stock has trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dolby Laboratories earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Dolby Laboratories.
Are investors shorting Dolby Laboratories?
Dolby Laboratories saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 563,500 shares, an increase of 45.4% from the January 15th total of 387,600 shares. Based on an average trading volume of 323,100 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the shares of the company are short sold. View Dolby Laboratories' Current Options Chain.
Who are some of Dolby Laboratories' key competitors?
What other stocks do shareholders of Dolby Laboratories own?
Who are Dolby Laboratories' key executives?
Dolby Laboratories' management team includes the folowing people:
- Mr. Kevin J. Yeaman, Pres, CEO & Director (Age 53)
- Mr. Lewis Chew, Principal Financial Officer (Age 56)
- Mr. Andy Sherman, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
- Mr. Todd Pendleton, Sr. VP & Chief Marketing Officer (Age 47)
- Mr. Giles Baker, Sr. VP of Consumer Entertainment (Age 43)
Who are Dolby Laboratories' major shareholders?
Dolby Laboratories' stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.09%), Thrivent Financial for Lutherans (1.69%), Blair William & Co. IL (1.31%), Schroder Investment Management Group (1.20%), State Street Corp (0.88%) and Baird Financial Group Inc. (0.85%). 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, Nicholas Donatiello Jr, Peter C Gotcher, Ryan Nicholson and Steven E Forshay. 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 Renaissance Technologies LLC, Fiera Capital Corp, Marathon Asset Management LLP, William Blair Investment Management LLC, Sei Investments Co., Franklin Resources Inc., Los Angeles Capital Management & Equity Research Inc. and First Quadrant L P CA. Company insiders that have sold Dolby Laboratories company stock in the last year include Avadis Tevanian, Dagmar Dolby, Ed H Bowman Jr, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Ryan Nicholson and Steven E Forshay. View Insider Buying and Selling for Dolby Laboratories.
Which major investors are buying Dolby Laboratories stock?
DLB stock was acquired by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Ceredex Value Advisors LLC, Baird Financial Group Inc., Bank of Montreal Can, Thrivent Financial for Lutherans, First Trust Advisors LP, Cubist Systematic Strategies LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Dolby Laboratories.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Dolby Laboratories' stock price today?
One share of DLB stock can currently be purchased for approximately $72.32.
How big of a company is Dolby Laboratories?
Dolby Laboratories has a market capitalization of $7.30 billion and generates $1.24 billion in revenue each year. The electronics maker earns $255.15 million in net income (profit) each year or $2.44 on an earnings per share basis. Dolby Laboratories employs 2,193 workers across the globe.View Additional Information About Dolby Laboratories.
What is Dolby Laboratories' official website?
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]
MarketBeat Community Rating for Dolby Laboratories (NYSE DLB)
MarketBeat's community ratings are surveys of what our community members think about Dolby Laboratories and other stocks. Vote "Outperform" if you believe DLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
