NYSE:PHG - Koninklijke Philips Stock Price, Forecast & News

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

Koninklijke Philips announced an annual dividend on Monday, February 3rd. Investors of record on Wednesday, May 6th will be paid a dividend of $0.9356 per share on Thursday, June 4th. This represents a dividend yield of 1.8%. The ex-dividend date is Tuesday, May 5th. View Koninklijke Philips' Dividend History.

Koninklijke Philips NV (NYSE:PHG) posted its quarterly earnings data on Monday, October, 23rd. The technology company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.37 by $0.04. The technology company earned $4.15 billion during the quarter, compared to analysts' expectations of $4.27 billion. The business's revenue was down 29.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.40 earnings per share. View Koninklijke Philips' Earnings History.

Koninklijke Philips is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Koninklijke Philips.

7 analysts have issued twelve-month price objectives for Koninklijke Philips' shares. Their forecasts range from $51.00 to $51.00. On average, they anticipate Koninklijke Philips' stock price to reach $51.00 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for Koninklijke Philips.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Koninklijke Philips.

News stories about PHG stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Koninklijke Philips earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Koninklijke Philips.

Koninklijke Philips saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,690,000 shares, a decrease of 11.5% from the January 15th total of 1,910,000 shares. Based on an average daily volume of 448,300 shares, the short-interest ratio is presently 3.8 days. Approximately 0.2% of the shares of the stock are sold short. View Koninklijke Philips' Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Ingles Markets (IMKTA), Caterpillar (CAT), Ford Motor (F), General Electric (GE), Visa (V), Bank of America (BAC), Delhaize Group (DEG), Raytheon (RTN), AT&T (T) and Intel (INTC).

Koninklijke Philips' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (0.69%), Hotchkis & Wiley Capital Management LLC (0.10%), Hardman Johnston Global Advisors LLC (0.06%), Envestnet Asset Management Inc. (0.05%), Goldman Sachs Group Inc. (0.04%) and TCW Group Inc. (0.04%). View Institutional Ownership Trends for Koninklijke Philips.

PHG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TCW Group Inc., SG Americas Securities LLC, Goldman Sachs Group Inc., Envestnet Asset Management Inc., Comerica Bank, State Street Corp and Rockefeller Capital Management L.P.. View Insider Buying and Selling for Koninklijke Philips.

PHG stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Galibier Capital Management Ltd., Stifel Financial Corp, Natixis Advisors L.P., Dorsey Wright & Associates, CWM LLC, US Bancorp DE and Citigroup Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of PHG stock can currently be purchased for approximately $48.42.