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 (WHO). Since then, STM shares have increased by 20.5% and is now trading at $27.55. 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) issued its quarterly earnings data on Wednesday, April, 22nd. The semiconductor producer reported $0.21 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.03. The semiconductor producer had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.25 billion. STMicroelectronics had a net margin of 10.77% and a return on equity of 15.27%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. View STMicroelectronics' earnings history.

STMicroelectronics declared a quarterly dividend on Wednesday, April 22nd. Investors 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 yield of 0.61%. The ex-dividend date 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 Wall Street analysts have issued 12 month price targets for STMicroelectronics' shares. Their forecasts range from $27.40 to $35.00. On average, they anticipate STMicroelectronics' share price to reach $30.73 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View analysts' price targets for STMicroelectronics.

Press coverage about STM stock has trended negative this week, according to InfoTrie. The research firm identifies negative and positive media 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 positive five, with scores closest to five being the most favorable. STMicroelectronics earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the semiconductor producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about STMicroelectronics.

STMicroelectronics saw a increase in short interest in 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 daily volume of 2,070,000 shares, the short-interest ratio is presently 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), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Semiconductor Manufacturing International (SMICY), 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 variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%) and Nelson Van Denburg & Campbell Wealth Management Group 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.. View insider buying and selling activity for STMicroelectronics.

STM stock was purchased by a variety of institutional investors in the last quarter, including 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 $27.55.

STMicroelectronics has a market capitalization of $25.10 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]