NYSE:IBM - IBM Stock Price, Forecast & News

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

IBM announced a quarterly dividend on Wednesday, January 29th. Shareholders 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 annualized dividend and a yield of 4.32%. The ex-dividend date of this dividend is Friday, February 7th. View IBM's Dividend History.

IBM declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, October 30th 2018, which authorizes the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its stock is undervalued.

IBM (NYSE:IBM) posted its quarterly earnings data on Tuesday, January, 21st. The technology company reported $4.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 65.38% and a net margin of 12.23%. IBM's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.87 EPS. View IBM's Earnings History.

IBM is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for IBM.

IBM issued an update on its FY20 earnings guidance on Tuesday, January, 21st. The company provided EPS guidance of at least $13.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $13.29.

17 brokerages have issued 1-year price targets for IBM's stock. Their forecasts range from $135.00 to $173.00. On average, they anticipate IBM's share price to reach $154.50 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for IBM.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IBM in the last year. There are currently 12 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IBM.

News headlines about IBM stock have trended neutral on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IBM earned a media sentiment score of 0.1 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next several days. View News Stories for IBM.

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), Leidos (LDOS), Gartner (IT), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), 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), Exxon Mobil (XOM), NVIDIA (NVDA), General Electric (GE), Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

IBM's stock is owned by a number of of institutional and retail investors. Top institutional investors include UBS Asset Management Americas Inc. (0.45%), Amundi Pioneer Asset Management Inc. (0.30%), Fort Washington Investment Advisors Inc. OH (0.08%), OLD Republic International Corp (0.07%), Comerica Bank (0.03%) and Nisa Investment Advisors LLC (0.03%). 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 AJO LP, MUFG Securities EMEA plc, Mairs & Power INC, Albion Financial Group UT, Intercontinental Wealth Advisors LLC, Huntington National Bank, M. Kraus & Co and Nisa Investment Advisors LLC. Company insiders that have sold IBM company stock in the last year include Bene Robert F Del, Erich Clementi and Kenneth M Keverian. View Insider Buying and Selling for IBM.

IBM stock was purchased by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., OLD Republic International Corp, Fort Washington Investment Advisors Inc. OH, Exane Derivatives, UBS Asset Management Americas Inc., John G Ullman & Associates Inc., DAVENPORT & Co LLC and Baxter Bros Inc.. 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 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 $149.84.

IBM has a market capitalization of $132.70 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 381,100 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]