NYSE:DLB Dolby Laboratories - DLB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dolby Laboratories, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $82.57 -0.26 (-0.31%) (As of 03/27/2023 12:45 PM ET) Add Compare Share Share Today's Range$82.55▼$83.4950-Day Range$75.55▼$86.4152-Week Range$61.55▼$88.06Volume93,451 shsAverage Volume379,427 shsMarket Capitalization$7.91 billionP/E Ratio44.63Dividend Yield1.31%Price Target$98.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Dolby Laboratories MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside19.1% Upside$98.67 Price TargetShort InterestHealthy1.79% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.42Upright™ Environmental ScoreNews Sentiment0.91Based on 19 Articles This WeekInsider TradingSelling Shares$12.45 M Sold Last QuarterProj. Earnings Growth15.35%From $2.41 to $2.78 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.2.79 out of 5 starsConsumer Discretionary Sector36th out of 261 stocksPatent Owners & Lessors Industry2nd out of 7 stocks 2.3 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 $98.67, Dolby Laboratories has a forecasted upside of 19.1% from its current price of $82.82.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 Shorted1.79% 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 2.8, 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 2.91%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldDolby Laboratories pays a meaningful dividend of 1.30%, 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 58.38%. 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 38.85% 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 2.7 News and Social Media Coverage News SentimentDolby Laboratories has a news sentiment score of 0.91. 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 higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Dolby Laboratories this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 people have added Dolby Laboratories to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 $12,447,617.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Dolby Laboratories are expected to grow by 15.35% in the coming year, from $2.41 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dolby Laboratories is 44.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Dolby Laboratories is 44.77, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.65.Price to Earnings Growth RatioDolby Laboratories has a PEG Ratio of 2.15. 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 3.53. 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 HeadlinesMarch 24, 2023 | msn.comAudible gains Dolby Atmos support for more captivating storiesMarch 24, 2023 | americanbankingnews.comDolby Laboratories, Inc. Expected to Post Q2 2023 Earnings of $0.71 Per Share (NYSE:DLB)March 27, 2023 | UNKNOWN (Ad)This Critical Metal May Soon Power Our Future!The World Is Racing Towards Renewable Energy! And These Metal May Be The Key Element.March 23, 2023 | msn.comAudible brings immersive Dolby Atmos to its audiobooksMarch 23, 2023 | forbes.comDolby Atmos Sound Comes To AudibleMarch 23, 2023 | finance.yahoo.comAudible Launches Collection of Immersive, Cinematic Listening Experiences in Dolby AtmosMarch 21, 2023 | finance.yahoo.comDolby (DLB) & PUBG MOBILE Team Up to Enhance Gaming ExperienceMarch 21, 2023 | finance.yahoo.com3 Audio Video Stocks Worth Watching in a Booming IndustryMarch 27, 2023 | UNKNOWN (Ad)This Critical Metal May Soon Power Our Future!The World Is Racing Towards Renewable Energy! And These Metal May Be The Key Element.March 20, 2023 | finance.yahoo.comDolby Atmos arrives in PUBG MOBILE to bring immersive audio to the battlegroundMarch 20, 2023 | finance.yahoo.comDolby Laboratories' (NYSE:DLB) investors will be pleased with their respectable 72% return over the last three yearsMarch 18, 2023 | cnet.comKlipsch Reference Cinema System 5.1.4 With Dolby Atmos Review: Great Sounding Instant CinemaMarch 18, 2023 | americanbankingnews.comDolby Laboratories (NYSE:DLB) Now Covered by StockNews.comMarch 16, 2023 | finance.yahoo.comMacklemore to Perform Surprise One-Night Only Performance Live in Dolby Atmos at SXSWMarch 10, 2023 | finance.yahoo.comDolby Invites the Public and SXSW Guests to “Dolby House” to Experience the Future of EntertainmentFebruary 27, 2023 | finance.yahoo.comDolby Laboratories, Inc.'s (NYSE:DLB) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?February 8, 2023 | finance.yahoo.comIs It Worth Considering Dolby Laboratories, Inc. (NYSE:DLB) For Its Upcoming Dividend?February 7, 2023 | msn.comDolby Laboratories's Return on Invested Capital InsightsFebruary 4, 2023 | finance.yahoo.comDolby Laboratories, Inc. (NYSE:DLB) Q1 2023 Earnings Call TranscriptFebruary 2, 2023 | finance.yahoo.comDolby Laboratories (DLB) Q1 Earnings and Revenues Top EstimatesFebruary 2, 2023 | finance.yahoo.comDolby Laboratories Reports First Quarter 2023 Financial ResultsJanuary 28, 2023 | finance.yahoo.comIs Now The Time To Look At Buying Dolby Laboratories, Inc. (NYSE:DLB)?January 12, 2023 | finance.yahoo.comDolby Laboratories Announces Conference Call and Webcast for Q1 Fiscal 2023 Financial ResultsJanuary 11, 2023 | seekingalpha.comDolby: A 2023 Update, And Still A 'Hold'January 11, 2023 | nasdaq.comDolby Laboratories (DLB) Shares Cross Above 200 DMAJanuary 7, 2023 | msn.comCES 2023: Dolby Atmos Sounds Unbelievable in a CarJanuary 6, 2023 | msn.comI Heard Dolby Atmos in a Car at CES -- It Was UnrealSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/16/2021Ex-Dividend for 2/22 Dividend2/13/2023Dividend Payable2/22/2023Today3/27/2023Next Earnings (Estimated)5/04/2023Fiscal 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$98.67 High Stock Price Forecast$116.00 Low Stock Price Forecast$90.00 Forecasted Upside/Downside+18.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.85 Trailing P/E Ratio45.10 Forward P/E Ratio34.62 P/E Growth2.15Net Income$184.09 million Net Margins14.83% Pretax Margin18.09% Return on Equity9.46% Return on Assets7.96% Debt Debt-to-Equity RatioN/A Current Ratio4.65 Quick Ratio4.56 Sales & Book Value Annual Sales$1.25 billion Price / Sales6.38 Cash Flow$3.49 per share Price / Cash Flow23.90 Book Value$23.46 per share Price / Book3.56Miscellaneous Outstanding Shares95,820,000Free Float58,212,000Market Cap$7.99 billion OptionableOptionable Beta1.01 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 CompetitorsV.F.NYSE:VFCRalph LaurenNYSE:RLPearsonNYSE:PSOCrocsNASDAQ:CROXWhirlpoolNYSE:WHRView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 987 shares on 3/23/2023Ownership: 0.014%B. Riley Wealth Advisors Inc.Bought 168 shares on 3/15/2023Ownership: 0.005%Voya Investment Management LLCSold 11,087 shares on 2/28/2023Ownership: 1.004%Anjali SudSold 8,873 sharesTotal: $727,586.00 ($82.00/share)Todd PendletonSold 28,701 sharesTotal: $2.36 M ($82.32/share)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 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 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 target prices for Dolby Laboratories' stock. Their DLB share price forecasts range from $90.00 to $116.00. On average, they expect the company's stock price to reach $98.67 in the next year. This suggests a possible upside of 19.1% 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 2023. Since then, DLB shares have increased by 17.4% and is now trading at $82.83. View the best growth stocks for 2023 here. Are investors shorting Dolby Laboratories? Dolby Laboratories saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,030,000 shares, an increase of 17.9% from the February 13th total of 873,700 shares. Based on an average daily trading volume, of 379,700 shares, the short-interest ratio is presently 2.7 days. Currently, 1.7% of the shares of the stock 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 Thursday, May 4th 2023. View our DLB earnings forecast. How were Dolby Laboratories' earnings last quarter? Dolby Laboratories, Inc. (NYSE:DLB) announced its earnings results on Tuesday, November, 16th. The electronics maker reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The electronics maker earned $285.03 million during the quarter, compared to the consensus estimate of $299.95 million. Dolby Laboratories had a net margin of 14.83% and a trailing twelve-month return on equity of 9.46%. Dolby Laboratories's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 earnings per share. How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories? Dolby Laboratories announced a quarterly dividend on Thursday, February 2nd. Stockholders of record on Tuesday, February 14th will be given a dividend of $0.27 per share on Wednesday, February 22nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Monday, February 13th. 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), WisdomTree U.S. Multifactor Fund (USMF), Vanguard U.S. Minimum Volatility ETF (VFMV), American Century Low Volatility ETF (LVOL) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). 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 1.31%. 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 58.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DLB will have a dividend payout ratio of 38.85% 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 second quarter earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of $0.90-$1.05 for the period, compared to the consensus earnings per share estimate of $0.93. The company issued revenue guidance of $340-$370 million, compared to the consensus revenue estimate of $332.11 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 number of institutional and retail investors. Top institutional investors include Morgan Stanley (4.56%), Clearbridge Investments LLC (3.03%), Ninety One UK Ltd (2.42%), Mackenzie Financial Corp (1.56%), Wells Fargo & Company MN (1.23%) and Jackson Square Partners LLC (1.20%). 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 $82.83. How much money does Dolby Laboratories make? Dolby Laboratories (NYSE:DLB) has a market capitalization of $7.94 billion and generates $1.25 billion in revenue each year. The electronics maker earns $184.09 million in net income (profit) each year or $1.85 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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