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.
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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
Employees9,283
Next Earnings Date10/22/2019 (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 Thursday, July 25th. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.19 per share on Wednesday, September 25th. This represents a $0.76 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Tuesday, September 3rd. View Juniper Networks' Dividend History.
How will Juniper Networks' stock buyback program work?
Juniper Networks announced that its board has approved a stock repurchase plan on Wednesday, January 31st 2018, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its shares are undervalued.
How were Juniper Networks' earnings last quarter?
Juniper Networks, Inc. (NYSE:JNPR) released its quarterly earnings results on Thursday, July, 25th. The network equipment provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.06. The network equipment provider had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Juniper Networks had a return on equity of 10.00% and a net margin of 11.05%. The company's revenue for the quarter was down 8.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 EPS. 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 third quarter earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $0.43-$0.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.48. The company issued revenue guidance of $1.145 billion, compared to the consensus revenue estimate of $1.14 billion.
What price target have analysts set for JNPR?
14 equities research analysts have issued 12-month target prices for Juniper Networks' shares. Their forecasts range from $21.00 to $34.00. On average, they expect Juniper Networks' stock price to reach $27.3846 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Price Targets for Juniper Networks.
What is the consensus analysts' recommendation for Juniper Networks?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Juniper Networks in the last year. There are currently 4 sell ratings, 7 hold ratings and 3 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 is optimistic about its new and expanding partnerships with firms like Nutanix and Ericsson as this will give competitive advantage over alternative offerings, while remaining bullish about the potential of MX5G offerings. Moreover, the company is introducing the industry’s first 400-gig product and is well positioned to gain incremental market share as cloud, service provider and enterprise customers aim to upgrade their networks in a bid to support the incremental growth in data traffic. Juniper is in the early stages of ramping several important innovations, such as Contrail Enterprise Multicloud and the SPC3 line cards for its high end SRX firewall. However, the stock has underperformed the industry in the past three months on an average. The company faces stiff competition in each of its served markets, which has traditionally spearheaded innovation, charging high prices for its premium branded products." (4/8/2019)
- 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 been trending negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Juniper Networks earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave news headlines about the network equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Juniper Networks.
Are investors shorting Juniper Networks?
Juniper Networks saw a decrease in short interest during the month of July. As of July 15th, there was short interest totalling 15,287,300 shares, a decrease of 13.4% from the June 15th total of 17,648,100 shares. Based on an average trading volume of 3,390,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 4.4% of the shares of the company are short sold. View Juniper Networks' Current Options Chain.
Who are some of Juniper Networks' key competitors?
Some companies that are related to Juniper Networks include HP (HPQ), Toshiba (TOSYY), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), NEC (NIPNF), F5 Networks (FFIV), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Allot Communications (ALLT), Silicom (SILC), Lantronix (LTRX), Intrusion (INTZ) and BIO-key International (BKYI).
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 & Interim Chief Accounting Officer (Age 48)
- Mr. Manoj Leelanivas, Exec. VP & Chief Product Officer (Age 49)
- Mr. Anand Athreya, Exec. VP & Chief Devel. Officer (Age 56)
- Mr. Bikash Koley, Exec. VP & CTO (Age 46)
Who are Juniper Networks' major shareholders?
Juniper Networks' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.42%), BlackRock Inc. (7.51%), LSV Asset Management (3.00%), First Trust Advisors LP (2.77%), AQR Capital Management LLC (1.43%) and Bank of New York Mellon Corp (1.41%). Company insiders that own Juniper Networks stock include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Kevin A Denuccio, Manoj Leelanivas, 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 LSV Asset Management, Artemis Investment Management LLP, First Trust Advisors LP, AQR Capital Management LLC, Invesco Ltd., Canada Pension Plan Investment Board, Renaissance Technologies LLC and Morgan Stanley. Company insiders that have sold Juniper Networks company stock in the last year include Anand Athreya, Bikash Koley, Kenneth Bradley Miller, Kevin A Denuccio, Manoj Leelanivas, Rahul N Merchant, Rami Rahim and William Stensrud. View Insider Buying and Selling for Juniper Networks.
Which institutional investors are buying Juniper Networks stock?
JNPR stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, APG Asset Management N.V., Bessemer Group Inc., Holocene Advisors LP, Allianz Asset Management GmbH, California Public Employees Retirement System and Vanguard Group Inc.. 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 $24.12.
How big of a company is Juniper Networks?
Juniper Networks has a market capitalization of $8.34 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 9,283 workers across the globe.View Additional Information About Juniper Networks.
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.
