NYSE:IBMIBM Stock Price, Forecast & News

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 shares have increased by 0.4% and is now trading at $118.39. View which stocks have been most impacted by Coronavirus.

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.

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

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

IBM declared a quarterly dividend on Tuesday, April 28th. Stockholders 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 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Thursday, May 7th. This is a positive change from IBM's previous quarterly dividend of $1.62. View IBM's dividend history.

IBM announced that its Board of Directors has approved a share buyback plan on Tuesday, October 30th 2018, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

17 Wall Street analysts have issued 12 month target prices for IBM's shares. Their forecasts range from $111.00 to $154.00. On average, they expect IBM's share price to reach $134.64 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View analysts' price targets for IBM.

News headlines about IBM stock have trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IBM earned a news impact score of 1.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutIBM.

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.

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).

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 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.

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.

IBM stock was purchased 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.

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 $118.39.

IBM has a market capitalization of $105.12 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.

The official website for IBM is 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]