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 (WHO). Since then, IBM shares have increased by 0.3% and is now trading at $118.33. 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 EPS 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 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 quarter in the prior year, the firm earned $2.25 EPS. View IBM's earnings history.

IBM announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 8th will be given 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 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 initiated a share repurchase plan on Tuesday, October 30th 2018, which allows the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

17 brokerages have issued twelve-month price objectives for IBM's stock. Their forecasts range from $111.00 to $154.00. On average, they expect IBM's share price to reach $134.64 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View analysts' price targets for IBM.

Media stories about IBM stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IBM earned a news sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. 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), Gartner (IT), 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). 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 institutional and retail investors. Top institutional shareholders include Exane Derivatives (0.00%), 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 Exane Derivatives, 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 $118.33.

IBM has a market capitalization of $105.06 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]