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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:DLB

Dolby Laboratories Stock Forecast, Price & News

$97.63
+0.88 (+0.91 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$97.48
Now: $97.63
$99.62
50-Day Range
$86.59
MA: $93.37
$97.49
52-Week Range
$44.68
Now: $97.63
$99.62
Volume770,733 shs
Average Volume493,390 shs
Market Capitalization$9.92 billion
P/E Ratio43.39
Dividend Yield0.91%
Beta0.89
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.
Dolby Laboratories logo

Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryElectronic Components
CUSIP25659T10
Phone415-558-0200
Employees2,289
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.16 billion
Cash Flow$3.36 per share
Book Value$24.30 per share

Profitability

Net Income$231.36 million

Miscellaneous

Market Cap$9.92 billion
Next Earnings Date5/3/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.82 out of 5 stars

Consumer Discretionary Sector

55th out of 571 stocks

Patent Owners & Lessors Industry

4th out of 28 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$97.63
+0.88 (+0.91 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Dolby Laboratories (NYSE:DLB) Frequently Asked Questions

Is Dolby Laboratories a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dolby Laboratories in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Dolby Laboratories stock.
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 "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Dolby Laboratories wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Dolby Laboratories?

Dolby Laboratories saw a increase in short interest in February. As of February 12th, there was short interest totaling 796,600 shares, an increase of 101.7% from the January 28th total of 395,000 shares. Based on an average daily trading volume, of 494,700 shares, the short-interest ratio is currently 1.6 days.
View Dolby Laboratories' Short Interest
.

When is Dolby Laboratories' next earnings date?

Dolby Laboratories is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Dolby Laboratories
.

How were Dolby Laboratories' earnings last quarter?

Dolby Laboratories, Inc. (NYSE:DLB) issued its quarterly earnings results on Thursday, January, 28th. The electronics maker reported $1.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.86 by $0.62. The electronics maker earned $389.87 million during the quarter, compared to the consensus estimate of $345.33 million. Dolby Laboratories had a trailing twelve-month return on equity of 9.89% and a net margin of 19.91%. The company's revenue was up 33.6% on a year-over-year basis. During the same period last year, the company earned $0.64 EPS.
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. Since then, DLB stock has increased by 62.1% and is now trading at $97.63.
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 announced a quarterly dividend on Friday, January 29th. Investors of record on Tuesday, February 9th will be paid a dividend of $0.22 per share on Friday, February 19th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Monday, February 8th.
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 0.91%. 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 updated its second quarter earnings guidance on Thursday, January, 28th. The company provided earnings per share (EPS) guidance of $0.57-0.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.62. The company issued revenue guidance of $280-310 million, compared to the consensus revenue estimate of $290.10 million.

What price target have analysts set for DLB?

4 brokers have issued 12 month price targets for Dolby Laboratories' shares. Their forecasts range from $65.00 to $89.00. On average, they expect Dolby Laboratories' stock price to reach $79.00 in the next twelve months. This suggests that the stock has a possible downside of 19.1%.
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)
  • Mr. Lewis Chew, Exec. VP & CFO (Age 58, Pay $851.49k)
  • Mr. Andy Sherman, Exec. VP, Gen. Counsel & Corp. Sec. (Age 54, Pay $796.73k)
  • 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)
  • 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
  • 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), Vishay Intertechnology (VSH) and Rogers (ROG).
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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.67%), Clearbridge Investments LLC (3.59%), Janus Henderson Group PLC (3.25%), Jackson Square Partners LLC (2.13%), Mackenzie Financial Corp (2.11%) and Ceredex Value Advisors LLC (1.29%). 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 Fuller & Thaler Asset Management Inc., Alliancebernstein L.P., Renaissance Technologies LLC, Janus Henderson Group PLC, Trigran Investments Inc., Schroder Investment Management Group, Schroder Investment Management Group, and Clearbridge Investments LLC. 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, Victory Capital Management Inc., Assenagon Asset Management S.A., Sei Investments Co., BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Fiera Capital Corp, and Tudor Investment Corp Et Al.
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 $97.63.

How much money does Dolby Laboratories make?

Dolby Laboratories has a market capitalization of $9.92 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.

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 2/28/2021 by MarketBeat.com Staff

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