NYSE:PHG - Koninklijke Philips Stock Price, Price Target & More

Koninklijke Philips trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHG."

Koninklijke Philips declared an annual dividend on Wednesday, January 31st. Shareholders of record on Tuesday, May 8th will be paid a dividend of $0.9917 per share on Wednesday, June 6th. This represents a dividend yield of 2.43%. The ex-dividend date is Monday, May 7th. This is an increase from Koninklijke Philips's previous annual dividend of $0.86. View Koninklijke Philips' Dividend History.

Koninklijke Philips announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, July 25th 2017, which allows the company to repurchase shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued.

Koninklijke Philips NV (NYSE:PHG) released its quarterly earnings results on Monday, October, 23rd. The technology company reported $0.33 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.04. The technology company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.27 billion. Koninklijke Philips had a return on equity of 7.08% and a net margin of 8.76%. The firm's revenue was down 29.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 EPS. View Koninklijke Philips' Earnings History.

Koninklijke Philips is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Koninklijke Philips.

7 brokers have issued twelve-month target prices for Koninklijke Philips' stock. Their forecasts range from $37.00 to $37.00. On average, they expect Koninklijke Philips' stock price to reach $37.00 in the next year. View Analyst Ratings for Koninklijke Philips.

Koninklijke Philips saw a decrease in short interest in May. As of May 15th, there was short interest totalling 644,710 shares, a decrease of 53.4% from the April 30th total of 1,382,273 shares. Based on an average daily trading volume, of 1,289,863 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company's shares are short sold.

Some companies that are related to Koninklijke Philips include NVIDIA (NVDA), SAP (SAP), IBM Common Stock (IBM), Adobe Systems (ADBE), Siemens (SIEGY), Texas Instruments (TXN), SAP (SAP), Broadcom (AVGO), PayPal (PYPL), NTT Docomo (DCMYY), NTT Docomo (DCM), salesforce.com (CRM), QUALCOMM (QCOM), ASML (ASML) and Baidu (BIDU).

Press coverage about PHG stock has been trending positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Koninklijke Philips earned a coverage optimism score of 0.31 on Accern's scale. They also gave media stories about the technology company an impact score of 46.43 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Koninklijke Philips' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.54%), Criterion Capital Management LLC (0.23%), TCW Group Inc. (0.17%), Wells Fargo & Company MN (0.14%), MD Sass Investors Services Inc. (0.12%) and Dimensional Fund Advisors LP (0.12%). View Institutional Ownership Trends for Koninklijke Philips.

PHG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Becker Capital Management Inc., Wells Fargo & Company MN, Dimensional Fund Advisors LP, Cubist Systematic Strategies LLC, JPMorgan Chase & Co., Sei Investments Co. and Envestnet Asset Management Inc.. View Insider Buying and Selling for Koninklijke Philips.

PHG stock was bought by a variety of institutional investors in the last quarter, including Criterion Capital Management LLC, Jane Street Group LLC, Stevens Capital Management LP, Susquehanna Fundamental Investments LLC, MD Sass Investors Services Inc., Trillium Asset Management LLC, Northern Trust Corp and Apriem Advisors. View Insider Buying and Selling for Koninklijke Philips.

Shares of PHG 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.

One share of PHG stock can currently be purchased for approximately $42.33.

Koninklijke Philips has a market capitalization of $39.02 billion and generates $20.08 billion in revenue each year. The technology company earns $1.87 billion in net income (profit) each year or $1.24 on an earnings per share basis. Koninklijke Philips employs 73,951 workers across the globe.

Koninklijke Philips' mailing address is BREITNER CENTER AMSTELPLEIN 2, AMSTERDAM P7, 1096 BC. The technology company can be reached via phone at 31-20-597-7232 or via email at [email protected]