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 1.9% and is now trading at $120.19. 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) issued its earnings results on Monday, April, 20th. The technology company reported $1.84 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.79 by $0.05. The technology company earned $17.57 billion during the quarter, compared to analysts' expectations of $17.62 billion. IBM had a net margin of 11.78% and a return on equity of 57.55%. During the same quarter in the prior year, the company earned $2.25 EPS. View IBM's earnings history.

IBM announced 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 annualized dividend and a yield of 5.42%. 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.

IBM announced that its Board of Directors has authorized a stock repurchase program on Tuesday, October 30th 2018, which permits the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

17 brokerages have issued 1 year price objectives for IBM's shares. Their forecasts range from $111.00 to $154.00. On average, they expect IBM's stock price to reach $134.64 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View analysts' price targets for IBM.

Headlines about IBM stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. 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 sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about IBM.

Some companies that are related to IBM include Accenture (ACN), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), Leidos (LDOS), 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 number of retail and institutional investors. Top institutional investors include Gantzert Investment Co. LLC ADV (0.00%) and First Financial Bank Trust Division (0.00%). Company insiders that own IBM stock include Bene Robert F Del, 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 Gantzert Investment Co. LLC ADV, and First Financial Bank Trust Division. 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 $120.19.

IBM has a market capitalization of $106.72 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]