NYSE:STMSTMicroelectronics Stock Price, Forecast & News

STMicroelectronics' stock was trading at $22.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, STM stock has increased by 26.7% and is now trading at $28.97. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for STMicroelectronics.

STMicroelectronics is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for STMicroelectronics.

STMicroelectronics will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

STMicroelectronics NV (NYSE:STM) announced its earnings results on Wednesday, April, 22nd. The semiconductor producer reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.03. The semiconductor producer earned $2.23 billion during the quarter, compared to analysts' expectations of $2.25 billion. STMicroelectronics had a return on equity of 15.27% and a net margin of 10.77%. The business's revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share. View STMicroelectronics' earnings history.

STMicroelectronics declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Tuesday, June 23rd will be given a dividend of $0.042 per share on Tuesday, June 30th. This represents a $0.17 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Monday, June 22nd. View STMicroelectronics' dividend history.

STMicroelectronics issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2-2 billion, compared to the consensus revenue estimate of $2.29 billion.

14 brokerages have issued twelve-month price objectives for STMicroelectronics' shares. Their forecasts range from $27.40 to $35.00. On average, they anticipate STMicroelectronics' stock price to reach $30.73 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View analysts' price targets for STMicroelectronics.

Media stories about STM stock have trended very negative on Monday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news 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. STMicroelectronics earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media headlines about the semiconductor producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about STMicroelectronics.

STMicroelectronics saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,390,000 shares, an increase of 14.0% from the June 15th total of 4,730,000 shares. Based on an average trading volume of 2,070,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.6% of the company's stock are short sold. View STMicroelectronics' Current Options Chain.

Some companies that are related to STMicroelectronics include Advanced Micro Devices (AMD), Applied Materials (AMAT), Micron Technology (MU), Analog Devices (ADI), TOKYO ELECTRON/ADR (TOELY), Infineon Technologies (IFNNY), NXP Semiconductors (NXPI), Semiconductor Manufacturing International (SMICY), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Kyocera (KYOCY), Maxim Integrated Products (MXIM) and Qorvo (QRVO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other STMicroelectronics investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Athabasca Oil (ATH), Gran Tierra Energy (GTE) and Transocean (RIG).

STMicroelectronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "STM."

STMicroelectronics' stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%), Ellis Investment Partners LLC (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Joseph P. Lucia & Associates LLC (0.00%). View institutional ownership trends for STMicroelectronics.

STM stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Joseph P. Lucia & Associates LLC. View insider buying and selling activity for STMicroelectronics.

STM stock was purchased by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, and Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity for STMicroelectronics.

Shares of STM 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 STM stock can currently be purchased for approximately $28.97.

STMicroelectronics has a market capitalization of $26.40 billion and generates $9.56 billion in revenue each year. The semiconductor producer earns $1.03 billion in net income (profit) each year or $1.15 on an earnings per share basis. STMicroelectronics employs 45,554 workers across the globe.

The official website for STMicroelectronics is www.st.com.

STMicroelectronics' mailing address is 39 CHEMIN DU CHAMP DES FILLES PLAN-LES-OUATES, GENEVA V8, 1228. The semiconductor producer can be reached via phone at 41-22-929-2929 or via email at [email protected]