Hewlett Packard Enterprise Stock Price, Forecast & Analysis (NYSE:HPE)

Hewlett Packard Enterprise trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPE."

Hewlett Packard Enterprise declared a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Wednesday, December 11th will be given a dividend of $0.12 per share on Thursday, January 2nd. This represents a $0.48 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend is Tuesday, December 10th. This is a boost from Hewlett Packard Enterprise's previous quarterly dividend of $0.11. View Hewlett Packard Enterprise's Dividend History.

Hewlett Packard Enterprise declared that its Board of Directors has authorized a share repurchase program on Friday, February 23rd 2018, which allows the company to buyback $5,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Hewlett Packard Enterprise Co (NYSE:HPE) posted its quarterly earnings results on Tuesday, August, 27th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.05. The technology company had revenue of $7.22 billion for the quarter, compared to analyst estimates of $7.29 billion. Hewlett Packard Enterprise had a negative net margin of 0.63% and a positive return on equity of 12.92%. The firm's quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.44 earnings per share. View Hewlett Packard Enterprise's Earnings History.

Hewlett Packard Enterprise is scheduled to release their next quarterly earnings announcement on Monday, November 25th 2019. View Earnings Estimates for Hewlett Packard Enterprise.

Hewlett Packard Enterprise will be holding an earnings conference call on Monday, November 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Hewlett Packard Enterprise issued an update on its FY20 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $1.78-1.94 for the period, compared to the Thomson Reuters consensus estimate of $1.80.

17 Wall Street analysts have issued twelve-month price targets for Hewlett Packard Enterprise's shares. Their forecasts range from $13.00 to $19.00. On average, they expect Hewlett Packard Enterprise's stock price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets for Hewlett Packard Enterprise.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 4 sell ratings, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hewlett Packard Enterprise.

News articles about HPE stock have trended very positive on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog 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. Hewlett Packard Enterprise earned a media sentiment score of 3.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Hewlett Packard Enterprise.

Hewlett Packard Enterprise saw a drop in short interest in October. As of October 15th, there was short interest totalling 41,170,000 shares, a drop of 10.4% from the September 15th total of 45,950,000 shares. Based on an average daily volume of 9,790,000 shares, the short-interest ratio is presently 4.2 days. Approximately 3.2% of the shares of the company are sold short. View Hewlett Packard Enterprise's Current Options Chain.

Some companies that are related to Hewlett Packard Enterprise include HP (HPQ), Toshiba (TOSYY), Arista Networks (ANET), F5 Networks (FFIV), Juniper Networks (JNPR), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BOS Better OnLine Sol (BOSC), BIO-key International (BKYI) and NEC (NIPNF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA), Bank of America (BAC), General Electric (GE), Visa (V) and Cisco Systems (CSCO).

Hewlett Packard Enterprise's stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.62%), Oldfield Partners LLP (0.57%), Sumitomo Mitsui Trust Holdings Inc. (0.43%), Great West Life Assurance Co. Can (0.38%), Robeco Institutional Asset Management B.V. (0.32%) and Russell Investments Group Ltd. (0.26%). Company insiders that own Hewlett Packard Enterprise stock include Alan Richard May, Antonio F Neri, Henry Gomez, Irv Rothman, Jeff T Ricci, John F Schultz, Keerti Melkote, Kirt P Karros, Margaret C Whitman, Philip Davis and Timothy C Stonesifer. View Institutional Ownership Trends for Hewlett Packard Enterprise.

HPE stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Great West Life Assurance Co. Can, Zurcher Kantonalbank Zurich Cantonalbank, State of New Jersey Common Pension Fund D, First Trust Advisors LP, DNB Asset Management AS, Dupont Capital Management Corp and Russell Investments Group Ltd.. Company insiders that have sold Hewlett Packard Enterprise company stock in the last year include Antonio F Neri, Irv Rothman, Jeff T Ricci, John F Schultz, Keerti Melkote, Kirt P Karros and Philip Davis. View Insider Buying and Selling for Hewlett Packard Enterprise.

HPE stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Oldfield Partners LLP, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc., State of Alaska Department of Revenue, Alberta Investment Management Corp, Virginia Retirement Systems ET AL and ARGA Investment Management LP. View Insider Buying and Selling for Hewlett Packard Enterprise.

Shares of HPE 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.

One share of HPE stock can currently be purchased for approximately $17.23.

Hewlett Packard Enterprise has a market capitalization of $22.50 billion and generates $30.85 billion in revenue each year. The technology company earns $1.91 billion in net income (profit) each year or $1.56 on an earnings per share basis. Hewlett Packard Enterprise employs 60,000 workers across the globe.View Additional Information About Hewlett Packard Enterprise.

The official website for Hewlett Packard Enterprise is http://www.hpe.com/.

Hewlett Packard Enterprise's mailing address is 6280 America Center Drive, San Jose CA, 95002. The technology company can be reached via phone at 650-687-5817 or via email at [email protected]