NYSE:JBL - Jabil Stock Price, Forecast & News

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

Jabil declared a quarterly dividend on Thursday, January 23rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.08 per share on Wednesday, March 4th. This represents a $0.32 annualized dividend and a dividend yield of 0.75%. View Jabil's Dividend History.

Jabil announced that its Board of Directors has initiated a stock repurchase program on Thursday, June 14th 2018, which authorizes the company to buyback $350,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Jabil Inc (NYSE:JBL) released its quarterly earnings data on Tuesday, December, 17th. The technology company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.11. The technology company had revenue of $7.51 billion for the quarter, compared to the consensus estimate of $6.92 billion. Jabil had a net margin of 0.78% and a return on equity of 10.91%. Jabil's revenue for the quarter was up 15.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.90 earnings per share. View Jabil's Earnings History.

Jabil is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Jabil.

Jabil issued an update on its FY20 earnings guidance on Tuesday, December, 17th. The company provided earnings per share guidance of $3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.44. The company issued revenue guidance of $26.7 billion, compared to the consensus revenue estimate of $26.08 billion.

8 brokers have issued 12-month price objectives for Jabil's shares. Their forecasts range from $34.00 to $44.00. On average, they expect Jabil's stock price to reach $40.00 in the next year. This suggests that the stock has a possible downside of 6.7%. View Analyst Price Targets for Jabil.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last year. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Jabil.

Headlines about JBL stock have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Jabil earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Jabil.

Jabil saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 4,950,000 shares, a decline of 7.0% from the December 15th total of 5,320,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.4% of the company's stock are short sold. View Jabil's Current Options Chain.

Some companies that are related to Jabil include Trimble (TRMB), IPG Photonics (IPGP), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

Based on aggregate information from My MarketBeat watchlists, some companies that other Jabil investors own include Micron Technology (MU), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Advanced Micro Devices (AMD), NVIDIA (NVDA), Verizon Communications (VZ), Netflix (NFLX), QUALCOMM (QCOM) and Alibaba Group (BABA).

Jabil's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Strs Ohio (0.44%), Braun Stacey Associates Inc. (0.27%), Hennessy Advisors Inc. (0.21%), New York State Teachers Retirement System (0.17%), Smith Graham & Co. Investment Advisors LP (0.15%) and PGGM Investments (0.11%). Company insiders that own Jabil stock include Alessandro Parimbelli, Bruce Allan Johnson, Courtney J Ryan, Daryn G Smith, Erich Hoch, Kenneth S Wilson, Mark T Mondello, Martha Brooks, Michael Dastoor, Michael J Loparco, Robert L Katz, Sergio Cadavid, Steven D Borges, Thomas A Sansone, Timothy L Main and William E Peters. View Institutional Ownership Trends for Jabil.

JBL stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Strs Ohio, Smith Graham & Co. Investment Advisors LP, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Convergence Investment Partners LLC, Sciencast Management LP and IFP Advisors Inc. Company insiders that have sold Jabil company stock in the last year include Alessandro Parimbelli, Bruce Allan Johnson, Courtney J Ryan, Daryn G Smith, Kenneth S Wilson, Mark T Mondello, Martha Brooks, Michael Dastoor, Michael J Loparco, Robert L Katz, Sergio Cadavid, Steven D Borges, Thomas A Sansone and Timothy L Main. View Insider Buying and Selling for Jabil.

JBL stock was acquired by a variety of institutional investors in the last quarter, including Braun Stacey Associates Inc., Hennessy Advisors Inc., Polianta Ltd, Hexavest Inc., Winslow Evans & Crocker Inc., Cozad Asset Management Inc., Flaharty Asset Management LLC and Taylor Cottrill Erickson & Associates Inc.. View Insider Buying and Selling for Jabil.

Shares of JBL 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 JBL stock can currently be purchased for approximately $42.85.

Jabil has a market capitalization of $6.52 billion and generates $25.28 billion in revenue each year. The technology company earns $287.11 million in net income (profit) each year or $1.81 on an earnings per share basis. Jabil employs 200,000 workers across the globe.View Additional Information About Jabil.

The official website for Jabil is http://www.jabil.com/.

Jabil's mailing address is 10560 DR. MARTIN LUTHER KING JR. ST. N., ST PETERSBURG FL, 33716. The technology company can be reached via phone at 727-577-9749 or via email at [email protected]