NYSE:IBMIBM Stock Price, Forecast & News

$124.89

-0.01 (-0.01 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$124.03

Now: $124.89▼

$125.75

50-Day Range

$115.73

MA: $121.42▼

$128.69

52-Week Range

$90.56

Now: $124.89▼

$158.75

Volume2.87 million shs

Average Volume6.23 million shs

Market Capitalization$110.89 billion

P/E Ratio12.37

Dividend Yield5.22%

Beta1.22

International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers a portfolio of enterprise artificial intelligence platforms, such as analytics and data management platforms, cloud data services, talent management, and industry solutions primarily under the Watson Platform, Watson Health, and Watson Internet of Things names. This segment also offers transaction processing software for use in banking, airlines, and retail industries. The company's Global Business Services segment offers business consulting services; delivers system integration, application management, maintenance, and support services for packaged software applications; and finance, procurement, talent and engagement, and industry-specific business process outsourcing services. Its Technology Services & Cloud Platforms segment provides project, managed, outsourcing, and cloud-delivered services for enterprise IT infrastructure environments; technical support, and software and solution support services; and integration software solutions. The company's Systems segment offers servers for businesses, cloud service providers, and scientific computing organizations; data storage products and solutions; and z/OS, an enterprise operating system. Its Global Financing segment provides lease, installment payment plans, and loan financing services; short-term working capital financing to suppliers, distributors, and resellers; and remanufacturing and remarketing services. International Business Machines Corporation serves financial services institutions, airlines, manufacturers, and consumer goods and retail companies. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was incorporated in 1911 and is headquartered in Armonk, New York.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
IBM has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 5 buy ratings, 12 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $134.64, IBM has a potential upside of 7.8% from its current price of $124.89.
Amount of Analyst Coverage
IBM has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
IBM has received 1,046 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IBM has received 1,401 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IBM has received 57.25% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about IBM and other stocks. Vote “Outperform” if you believe IBM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IBM will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
IBM is a leading dividend payer. It pays a dividend yield of 5.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
IBM has been increasing its dividend for 20 years.
Dividend Coverage
The dividend payout ratio of IBM is 50.90 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, IBM will have a dividend payout ratio of 53.71 % next year. This indicates that IBM will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IBM insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.24% of the stock of IBM is held by insiders.
Percentage Held by Institutions
56.84% of the stock of IBM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for IBM are expected to grow by 7.53% in the coming year, from $11.29 to $12.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IBM is 12.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of IBM is 12.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.49.
Price to Earnings Growth Ratio
IBM has a PEG Ratio of 3.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IBM has a P/B Ratio of 5.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.42 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Computer & office equipment

Sub-IndustryIT Consulting & Other Services

SectorComputer and Technology

Current SymbolNYSE:IBM

Previous Symbol

CUSIP45920010

CIK51143

Webwww.ibm.com

Phone914-499-1900

Debt

Debt-to-Equity Ratio2.62

Current Ratio0.96

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio12.37

Forward P/E Ratio11.06

P/E Growth3.25

Sales & Book Value

Annual Sales$77.15 billion

Price / Sales1.44

Cash Flow$19.76 per share

Price / Cash Flow6.32

Book Value$23.69 per share

Price / Book5.27

Profitability

EPS (Most Recent Fiscal Year)$12.81

Net Income$9.43 billion

Net Margins11.78%

Return on Equity57.55%

Return on Assets7.26%

Miscellaneous

Employees383,800

Outstanding Shares887,892,000

Market Cap$110.89 billion

Next Earnings Date7/15/2020 (Estimated)

OptionableOptionable

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IBM (NYSE:IBM) Frequently Asked Questions

How has IBM's stock been impacted by COVID-19 (Coronavirus)?

IBM's stock was trading at $117.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IBM stock has increased by 5.9% and is now trading at $124.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is IBM's next earnings date?

IBM is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for IBM.

How were IBM's earnings last quarter?

IBM (NYSE:IBM) announced its quarterly earnings data on Monday, April, 20th. The technology company reported $1.84 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.79 by $0.05. The technology company had revenue of $17.57 billion for the quarter, compared to analysts' expectations of $17.62 billion. IBM had a return on equity of 57.55% and a net margin of 11.78%. During the same period in the prior year, the company earned $2.25 earnings per share. View IBM's earnings history.

How often does IBM pay dividends? What is the dividend yield for IBM?

IBM declared a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 8th will be paid a dividend of $1.63 per share on Wednesday, June 10th. This represents a $6.52 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Thursday, May 7th. This is an increase from IBM's previous quarterly dividend of $1.62. View IBM's dividend history.

How will IBM's stock buyback program work?

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

What price target have analysts set for IBM?

17 analysts have issued 1-year target prices for IBM's shares. Their forecasts range from $111.00 to $154.00. On average, they anticipate IBM's stock price to reach $134.64 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for IBM.

Has IBM been receiving favorable news coverage?

Headlines about IBM stock have been trending very positive on Monday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. IBM earned a news impact score of 3.5 on InfoTrie's scale. They also gave media stories about the technology company 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 immediate future. View the latest news aboutIBM.

Who are some of IBM's key competitors?

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), Leidos (LDOS), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), 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). View all competitors.

What other stocks do shareholders of IBM own?

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

Who are IBM's key executives?

IBM's management team includes the following people:

Ms. Virginia M. Rometty, Chairman, Pres & CEO (Age 60)
Mr. James J. Kavanaugh, Sr. VP & CFO (Age 52)
Dr. John E. Kelly III, Exec. VP (Age 65)
Mr. Martin J. Schroeter, Sr. VP of IBM Global Markets Global Financing, Marketing & Communications (Age 55)
Mr. Fletcher Previn, Chief Information Officer

What is IBM's stock symbol?

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

Who are IBM's major shareholders?

IBM's stock is owned by many different retail and institutional investors. Top institutional investors include Swedbank (0.17%), Fort Washington Investment Advisors Inc. OH (0.08%), OLD Republic International Corp (0.07%), DAVENPORT & Co LLC (0.05%), Comerica Bank (0.03%) and Baird Financial Group Inc. (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.

Which institutional investors are selling IBM stock?

IBM stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Exane Derivatives, OLD Republic International Corp, LS Investment Advisors LLC, Decatur Capital Management Inc., CapWealth Advisors LLC, Adams Asset Advisors LLC, and Comerica Bank. 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.

Which institutional investors are buying IBM stock?

IBM stock was bought by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Forsta AP Fonden, Swedbank, Fort Washington Investment Advisors Inc. OH, Baird Financial Group Inc., Eastern Bank, AMG National Trust Bank, and Loomis Sayles & Co. L P. 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.

How do I buy shares of 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.

What is IBM's stock price today?

One share of IBM stock can currently be purchased for approximately $124.89.

How big of a company is IBM?

IBM has a market capitalization of $110.89 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.

What is IBM's official website?

The official website for IBM is www.ibm.com.

How can I contact IBM?

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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff