Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; and QFX series of core, spine, and top-of-rack data center switches. In addition, the company offers security products comprising SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, it offers Junos OS, a network operating system; Contrail networking and cloud platform, which provides an open-source and standards-based platform for SDN and NFV; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and AppFormix, an optimization and management software platform for public, private, and hybrid clouds. Additionally, the company provides technical support and professional services, as well as education and training programs. It sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the cloud, telecom/cable, and strategic enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone408-745-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.65 billion
Profitability
Miscellaneous
Employees9,381
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
Juniper Networks (NYSE:JNPR) Frequently Asked Questions
What is Juniper Networks' stock symbol?
Juniper Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "JNPR."
How often does Juniper Networks pay dividends? What is the dividend yield for Juniper Networks?
Juniper Networks announced a quarterly dividend on Tuesday, January 29th. Investors of record on Friday, March 1st will be given a dividend of $0.19 per share on Friday, March 22nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, February 28th. This is an increase from Juniper Networks's previous quarterly dividend of $0.18. View Juniper Networks' Dividend History.
How will Juniper Networks' stock buyback program work?
Juniper Networks announced that its Board of Directors has approved a share repurchase program on Wednesday, January 31st 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Juniper Networks' earnings last quarter?
Juniper Networks, Inc. (NYSE:JNPR) released its earnings results on Tuesday, January, 29th. The network equipment provider reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.02. The network equipment provider had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.22 billion. Juniper Networks had a return on equity of 10.47% and a net margin of 12.20%. View Juniper Networks' Earnings History.
When is Juniper Networks' next earnings date?
What guidance has Juniper Networks issued on next quarter's earnings?
Juniper Networks updated its fourth quarter earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $0.59 for the period, compared to the Thomson Reuters consensus estimate of $0.57. The company issued revenue guidance of $1.18 billion, compared to the consensus revenue estimate of $1.22 billion.Juniper Networks also updated its FY 2019 guidance to $1.75-1.85 EPS.
What price target have analysts set for JNPR?
17 analysts have issued 1-year target prices for Juniper Networks' shares. Their forecasts range from $21.00 to $34.00. On average, they anticipate Juniper Networks' stock price to reach $27.6154 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Juniper Networks.
What is the consensus analysts' recommendation for Juniper Networks?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Juniper Networks in the last year. There are currently 5 sell ratings, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Juniper Networks.
What are Wall Street analysts saying about Juniper Networks stock?
Here are some recent quotes from research analysts about Juniper Networks stock:
- 1. According to Zacks Investment Research, "Juniper reported mixed fourth-quarter 2018 results, wherein the bottom line beat the Zacks Consensus Estimate but the top line missed the same. Risks related with geopolitical uncertainty and anticipation of potentially weak investment patterns among customers remain major headwinds. Soft demand within the cloud vertical due to slower-than-expected pace of deployment by customers hinders top-line growth. The company faces stiff competition in each of its served markets, which has traditionally spearheaded innovation, charging high prices for its premium branded products. Juniper is exposed to stringent budget activities of the U.S. government, which adversely affect its fundamentals. However, the stock has outperformed the industry in the past year on average. Juniper believes the 400 gig upgrade cycle, 5G deployment and enterprise multicloud initiatives hold huge opportunities where it is well-positioned to benefit over the next several years." (2/4/2019)
- 2. Rosenblatt Securities analysts commented, "We expect JNPR to meet or exceed 3Q18 guidance on a surge in Verizon (VZ: NR) capi- tal spending on its metro upgrade program but we see consensus estimates for 4Q18 and FY19 as too aggressive. We expect JNPR to continue to see headwinds and declin- ing YoY sales in service provider routing outside of VZ and a resumption of YoY routing sales growth in its cloud segment to net-out to flattish routing sales and declining gross margins in its largest and most profitable product line. Modest (low – to mid- single digit%) YoY growth in switching, security, and services could enable JNPR to eek out very low single digit YoY topline growth, but our +1% FY19 revenues estimates are ~2% lower than consensus. Further, we expect continued pricing and top line pressure to drive gross margin weakness and earnings below consensus over 4Q18 through FY19." (10/14/2018)
Has Juniper Networks been receiving favorable news coverage?
News stories about JNPR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. 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 -5 to 5, with scores closest to five being the most favorable. Juniper Networks earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the network equipment provider 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 near term.
Who are some of Juniper Networks' key competitors?
Some companies that are related to Juniper Networks include HP (HPQ), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), Toshiba (TOSYY), F5 Networks (FFIV), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Intrusion (INTZ), BIO-key International (BKYI) and Black Box (BBOX).
What other stocks do shareholders of Juniper Networks own?
Who are Juniper Networks' key executives?
Juniper Networks' management team includes the folowing people:
- Mr. Rami Rahim, CEO & Director (Age 48)
- Mr. Kenneth Bradley Miller, Exec. VP & CFO (Age 48)
- Mr. Bikash Koley, Exec. VP & CTO (Age 46)
- Mr. Anand Athreya, Exec. VP & Chief Devel. Officer (Age 56)
- Mr. Terrance F. Spidell, VP, Corp. Controller & Chief Accounting Officer (Age 50)
Who are Juniper Networks' major shareholders?
Juniper Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.39%), LSV Asset Management (3.90%), First Trust Advisors LP (2.71%), Bank of New York Mellon Corp (1.97%), Geode Capital Management LLC (1.75%) and Dimensional Fund Advisors LP (1.47%). Company insiders that own Juniper Networks stock include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Pradeep Sindhu, Rahul N Merchant, Rami Rahim, Terrance F Spidell, Vincent Molinaro and William Stensrud. View Institutional Ownership Trends for Juniper Networks.
Which institutional investors are selling Juniper Networks stock?
JNPR stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Toronto Dominion Bank, Bank of Nova Scotia, Diamond Hill Capital Management Inc., KBC Group NV, Two Sigma Investments LP, LSV Asset Management and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Juniper Networks company stock in the last year include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Rami Rahim, Terrance F Spidell, Vincent Molinaro and William Stensrud. View Insider Buying and Selling for Juniper Networks.
Which institutional investors are buying Juniper Networks stock?
JNPR stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Pzena Investment Management LLC, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Prudential Financial Inc., Mackay Shields LLC, PGGM Investments and APG Asset Management N.V.. View Insider Buying and Selling for Juniper Networks.
How do I buy shares of Juniper Networks?
Shares of JNPR 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, Scottrade, Fidelity and Charles Schwab.
What is Juniper Networks' stock price today?
One share of JNPR stock can currently be purchased for approximately $27.61.
How big of a company is Juniper Networks?
Juniper Networks has a market capitalization of $9.53 billion and generates $4.65 billion in revenue each year. The network equipment provider earns $566.90 million in net income (profit) each year or $1.36 on an earnings per share basis. Juniper Networks employs 9,381 workers across the globe.
What is Juniper Networks' official website?
How can I contact Juniper Networks?
Juniper Networks' mailing address is 1133 INNOVATION WAY, SUNNYVALE CA, 94089. The network equipment provider can be reached via phone at 408-745-2000 or via email at [email protected]
MarketBeat Community Rating for Juniper Networks (NYSE JNPR)
MarketBeat's community ratings are surveys of what our community members think about Juniper Networks and other stocks. Vote "Outperform" if you believe JNPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe JNPR will underperform the S&P 500 over the long term. You may vote once every thirty days.
