Hewlett Packard Enterprise Stock Price, News & 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, June 26th. Stockholders of record on Wednesday, September 11th will be paid a dividend of $0.112 per share on Wednesday, October 2nd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, September 10th. View Hewlett Packard Enterprise's Dividend History.

Hewlett Packard Enterprise declared that its board has initiated a stock repurchase plan on Friday, February 23rd 2018, which permits the company to buyback $5,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

Hewlett Packard Enterprise Co (NYSE:HPE) posted its earnings results on Tuesday, August, 27th. The technology company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.05. The technology company earned $7.22 billion during 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 revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. View Hewlett Packard Enterprise's Earnings History.

Hewlett Packard Enterprise is scheduled to release their next quarterly earnings announcement on Tuesday, December 3rd 2019. View Earnings Estimates for Hewlett Packard Enterprise.

Hewlett Packard Enterprise issued an update on its FY19 earnings guidance on Tuesday, August, 27th. The company provided EPS guidance of $1.72-1.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68.

16 brokers have issued 12-month price objectives for Hewlett Packard Enterprise's stock. Their predictions range from $14.00 to $19.00. On average, they expect Hewlett Packard Enterprise's share price to reach $15.73 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Hewlett Packard Enterprise.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hewlett Packard Enterprise in the last year. There are currently 4 sell ratings, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hewlett Packard Enterprise.

Media stories about HPE stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hewlett Packard Enterprise earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Hewlett Packard Enterprise.

Hewlett Packard Enterprise saw a increase in short interest in September. As of September 30th, there was short interest totalling 45,950,000 shares, an increase of 32.5% from the August 30th total of 34,680,000 shares. Based on an average daily trading volume, of 9,680,000 shares, the days-to-cover ratio is currently 4.7 days. Approximately 3.5% of the company's shares 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), Juniper Networks (JNPR), F5 Networks (FFIV), NEC (NIPNF), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ), BOS Better OnLine Sol (BOSC) and BIO-key International (BKYI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hewlett Packard Enterprise investors own include HP (HPQ), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Visa (V), Advanced Micro Devices (AMD), Cisco Systems (CSCO), General Electric (GE) and Netflix (NFLX).

Hewlett Packard Enterprise's stock is owned by a number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.32%), Artemis Investment Management LLP (0.08%), Arvest Bank Trust Division (0.07%), Commerzbank Aktiengesellschaft FI (0.06%), Nisa Investment Advisors LLC (0.05%) and State of Alaska Department of Revenue (0.04%). 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 Zurcher Kantonalbank Zurich Cantonalbank , DNB Asset Management AS, Meeder Asset Management Inc., Artemis Investment Management LLP, Oakbrook Investments LLC, CIBC Private Wealth Group LLC, Gateway Investment Advisers LLC and Envestnet Asset Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, First Hawaiian Bank, TIAA FSB, RB Capital Management LLC and Pacer Advisors Inc.. 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 $15.35.

Hewlett Packard Enterprise has a market capitalization of $20.04 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]