NYSE:PLT - Plantronics Stock Price, Price Target & More

Plantronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLT."

Plantronics declared a quarterly dividend on Tuesday, May 1st. Stockholders of record on Friday, May 18th will be given a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 17th. View Plantronics' Dividend History.

Plantronics declared that its Board of Directors has approved a share repurchase plan on Friday, July 28th 2017, which allows the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Plantronics (NYSE:PLT) released its quarterly earnings data on Tuesday, May, 1st. The technology company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.25. The technology company had revenue of $216.10 million for the quarter, compared to analysts' expectations of $208.49 million. Plantronics had a negative net margin of 0.10% and a positive return on equity of 24.88%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. View Plantronics' Earnings History.

Plantronics is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Plantronics.

Plantronics issued an update on its first quarter earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $0.66-$0.78 for the period, compared to the Thomson Reuters consensus estimate of $0.80. The company issued revenue guidance of $205-$215 million, compared to the consensus revenue estimate of $209.99 million.

4 Wall Street analysts have issued 1 year target prices for Plantronics' stock. Their forecasts range from $60.00 to $60.00. On average, they anticipate Plantronics' stock price to reach $60.00 in the next twelve months. View Analyst Ratings for Plantronics.

Some companies that are related to Plantronics include BlackBerry (BB), Ciena (CIEN), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Netgear (NTGR), Infinera (INFN), Fabrinet (FN), ADTRAN (ADTN), AudioCodes (AUDC), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Zoom Telephonics (ZMTP), Westell Technologies (WSTL) and ClearOne Communications (CLRO).

Media coverage about PLT stock has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Plantronics earned a daily sentiment score of 0.19 on Accern's scale. They also gave news coverage about the technology company an impact score of 46.61 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Plantronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.98%), Disciplined Growth Investors Inc. MN (5.66%), Nuveen Asset Management LLC (2.72%), Ceredex Value Advisors LLC (2.62%), Dimensional Fund Advisors LP (2.60%) and Northern Trust Corp (1.86%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Marvin Tseu, Pamela J Strayer, Robert C Hagerty, S Kenneth Kannappan and Shantanu Sarkar. View Institutional Ownership Trends for Plantronics.

PLT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., UBS Group AG, Nuveen Asset Management LLC, Sei Investments Co., Wedge Capital Management L L P NC, Disciplined Growth Investors Inc. MN, Wells Fargo & Company MN and Principal Financial Group Inc.. Company insiders that have sold Plantronics company stock in the last year include Brian S Dexheimer, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

PLT stock was acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, BlackRock Inc., Lord Abbett & CO. LLC, Mackay Shields LLC, 12th Street Asset Management Company LLC, Prudential Financial Inc., Russell Investments Group Ltd. and Engineers Gate Manager LP. View Insider Buying and Selling for Plantronics.

Shares of PLT 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 PLT stock can currently be purchased for approximately $71.36.

Plantronics has a market capitalization of $3.51 billion and generates $856.90 million in revenue each year. The technology company earns $-860,000.00 in net income (profit) each year or $2.71 on an earnings per share basis. Plantronics employs 4,003 workers across the globe.

Plantronics' mailing address is 345 ENCINAL STREET, SANTA CRUZ CA, 95060. The technology company can be reached via phone at 831-426-5858 or via email at [email protected]