NYSE:IBMIBM Stock Price, Forecast & News

IBM's stock was trading at $117.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IBM shares have decreased by 2.6% and is now trading at $114.94. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IBM in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for IBM.

IBM is scheduled to release its next quarterly earnings announcement on Monday, April 20th 2020. View our earnings forecast for IBM.

IBM (NYSE:IBM) posted its quarterly earnings data on Tuesday, January, 21st. The technology company reported $4.71 earnings per share for the quarter, topping the consensus estimate of $4.69 by $0.02. The technology company earned $21.78 billion during the quarter, compared to analyst estimates of $21.62 billion. IBM had a return on equity of 62.27% and a net margin of 12.23%. The company's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $4.87 earnings per share. View IBM's earnings history.

IBM announced a quarterly dividend on Wednesday, January 29th. Investors of record on Monday, February 10th will be given a dividend of $1.62 per share on Tuesday, March 10th. This represents a $6.48 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date is Friday, February 7th. View IBM's dividend history.

IBM declared that its board has initiated a share buyback program on Tuesday, October 30th 2018, which authorizes the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

IBM updated its FY20 earnings guidance on Tuesday, January, 21st. The company provided earnings per share (EPS) guidance of at least $13.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.29.

17 brokers have issued 1-year target prices for IBM's shares. Their forecasts range from $107.00 to $173.00. On average, they anticipate IBM's share price to reach $142.93 in the next year. This suggests a possible upside of 24.4% from the stock's current price. View analysts' price targets for IBM.

Press coverage about IBM stock has been trending very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. IBM earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutIBM.

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), Leidos (LDOS), Booz Allen Hamilton (BAH), EPAM Systems (EPAM), Gartner (IT), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV).

Based on aggregate information from My MarketBeat watchlists, some companies that other IBM investors own include AT&T (T), Intel (INTC), Cisco Systems (CSCO), General Electric (GE), NVIDIA (NVDA), Exxon Mobil (XOM), Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ) and Boeing (BA).

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

IBM's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gantzert Investment Co. LLC ADV (0.00%), First American Bank (0.00%), First Financial Bank Trust Division (0.00%) and Burns J W & Co. Inc. NY (0.00%). Company insiders that own IBM stock include Bene Robert F Del, David N Farr, Diane J Gherson, Erich Clementi, Kenneth M Keverian, Sidney Taurel and Virginia M Rometty. View institutional ownership trends for IBM.

IBM stock was sold by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, and Gantzert Investment Co. LLC ADV. Company insiders that have sold IBM company stock in the last year include Bene Robert F Del, and Kenneth M Keverian. View insider buying and selling activity for IBM.

IBM stock was bought by a variety of institutional investors in the last quarter, including First American Bank, and Burns J W & Co. Inc. NY. Company insiders that have bought IBM stock in the last two years include David N Farr, Sidney Taurel, and Virginia M Rometty. View insider buying and selling activity for IBM.

Shares of IBM 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 IBM stock can currently be purchased for approximately $114.94.

IBM has a market capitalization of $102.11 billion and generates $77.15 billion in revenue each year. The technology company earns $9.43 billion in net income (profit) each year or $12.81 on an earnings per share basis. IBM employs 383,800 workers across the globe. View additional information about IBM.

The official website for IBM is http://www.ibm.com/.

IBM's mailing address is 1 NEW ORCHARD ROAD, ARMONK NY, 10504. The technology company can be reached via phone at 914-499-1900 or via email at [email protected]