NYSE:HPQ - HP Stock Price, Forecast & News

HP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPQ."

HP announced a quarterly dividend on Thursday, January 16th. Investors of record on Wednesday, March 11th will be paid a dividend of $0.1762 per share on Wednesday, April 1st. This represents a $0.70 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date is Tuesday, March 10th. This is a boost from HP's previous quarterly dividend of $0.18. View HP's Dividend History.

HP Inc. (NYSE:HPQ) announced its earnings results on Tuesday, November, 26th. The computer maker reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The computer maker earned $15.40 billion during the quarter, compared to analyst estimates of $15.29 billion. HP had a net margin of 5.36% and a negative return on equity of 241.43%. The firm's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. View HP's Earnings History.

HP is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for HP.

HP updated its FY20 earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $2.24-$2.32 for the period, compared to the Thomson Reuters consensus estimate of $2.23.

15 Wall Street analysts have issued twelve-month price objectives for HP's shares. Their forecasts range from $14.00 to $24.00. On average, they expect HP's stock price to reach $19.47 in the next twelve months. This suggests that the stock has a possible downside of 11.4%. View Analyst Price Targets for HP.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HP in the last year. There are currently 2 sell ratings, 12 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HP.

News coverage about HPQ stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news 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. HP earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news coverage about the computer maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for HP.

HP saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 14,480,000 shares, a decline of 6.7% from the December 15th total of 15,520,000 shares. Based on an average daily trading volume, of 12,520,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.0% of the company's stock are sold short. View HP's Current Options Chain.

Some companies that are related to HP include Apple (AAPL), Dell (DELL), NCR (NCR), Super Micro Computer (SMCI), Cray (CRAY), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other HP investors own include Visa (V), Intel (INTC), Hewlett Packard Enterprise (HPE), Bank of America (BAC), Cisco Systems (CSCO), Corbus Pharmaceuticals (CRBP), Gilead Sciences (GILD), AT&T (T), Lowe's Companies (LOW) and NVIDIA (NVDA).

HP's stock is owned by a number of of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.50%), PGGM Investments (0.09%), Nisa Investment Advisors LLC (0.05%), Exchange Traded Concepts LLC (0.05%), Huntington National Bank (0.05%) and Arvest Bank Trust Division (0.04%). Company insiders that own HP stock include Alex Cho, Catherine A Lesjak, Christoph Schell, Claire Bramley, Dion J Weisler, Kim M Rivera, Marie Myers, Shumeet Banerji and Tracy S Keogh. View Institutional Ownership Trends for HP.

HPQ stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, DNB Asset Management AS, Commerzbank Aktiengesellschaft FI, Artemis Investment Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nisa Investment Advisors LLC, Janney Montgomery Scott LLC and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold HP company stock in the last year include Christoph Schell, Claire Bramley, Dion J Weisler, Kim M Rivera and Shumeet Banerji. View Insider Buying and Selling for HP.

HPQ stock was acquired by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, Winmill & CO. Inc., Pensionfund DSM Netherlands, Bowling Portfolio Management LLC, Pensionfund Sabic, Johanson Financial Advisors Inc., NEXT Financial Group Inc and FNY Investment Advisers LLC. View Insider Buying and Selling for HP.

Shares of HPQ 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 HPQ stock can currently be purchased for approximately $21.96.

HP has a market capitalization of $31.91 billion and generates $58.76 billion in revenue each year. The computer maker earns $3.15 billion in net income (profit) each year or $2.24 on an earnings per share basis. HP employs 56,000 workers across the globe.View Additional Information About HP.

The official website for HP is http://www.hp.com/.

HP's mailing address is 1501 PAGE MILL ROAD, PALO ALTO CA, 94304. The computer maker can be reached via phone at 650-857-1501 or via email at [email protected]