STMicroelectronics - STM Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STM shares.
View STM analyst ratings or view top-rated stocks.

12 Wall Street analysts have issued 12-month price targets for STMicroelectronics' stock. Their STM share price forecasts range from $38.00 to $71.00. On average, they expect the company's share price to reach $52.70 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for STM or view top-rated stocks among Wall Street analysts.

STMicroelectronics' stock was trading at $35.57 on January 1st, 2023. Since then, STM stock has increased by 36.5% and is now trading at $48.57.
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STMicroelectronics saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 5,390,000 shares, a decline of 17.7% from the February 13th total of 6,550,000 shares. Based on an average daily trading volume, of 3,360,000 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the shares of the company are short sold.
View STMicroelectronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our STM earnings forecast.

STMicroelectronics (NYSE:STM) released its earnings results on Thursday, January, 26th. The semiconductor producer reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.19. The semiconductor producer earned $4.42 billion during the quarter, compared to analysts' expectations of $4.37 billion. STMicroelectronics had a trailing twelve-month return on equity of 36.19% and a net margin of 24.56%. The company's revenue for the quarter was up 24.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.82 earnings per share.

STMicroelectronics declared a quarterly dividend on Thursday, March 23rd. Stockholders of record on Tuesday, June 27th will be paid a dividend of $0.06 per share on Wednesday, July 5th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend is Monday, June 26th.
Read our dividend analysis for STM.

ETFs with the largest weight of STMicroelectronics (NYSE:STM) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), VanEck Semiconductor ETF (SMH), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Columbia Seligman Semiconductor and Technology ETF (SEMI), Defiance Quantum ETF (QTUM), iShares Semiconductor ETF (SOXX), SPDR S&P Kensho Smart Mobility ETF (HAIL) and ProShares Metaverse ETF (VERS).

STMicroelectronics (NYSE:STM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.41%. The dividend payout ratio is 4.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STM will have a dividend payout ratio of 4.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STM.

STMicroelectronics updated its FY 2023 earnings guidance on Thursday, January, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $16.80 billion-$17.80 billion, compared to the consensus revenue estimate of $16.28 billion.

72 employees have rated STMicroelectronics Chief Executive Officer Jean Marc Chery on Glassdoor.com. Jean Marc Chery has an approval rating of 91% among the company's employees. This puts Jean Marc Chery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Transocean (RIG) and Gran Tierra Energy (GTE).

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 shareholders include Van ECK Associates Corp (0.49%), Point72 Asset Management L.P. (0.27%), Morgan Stanley (0.25%), Marshall Wace LLP (0.14%), Squarepoint Ops LLC (0.00%) and Bank of America Corp DE (0.10%).
View institutional ownership trends.

Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STM stock can currently be purchased for approximately $48.57.

STMicroelectronics (NYSE:STM) has a market capitalization of $44.12 billion and generates $16.13 billion in revenue each year. The semiconductor producer earns $3.96 billion in net income (profit) each year or $4.19 on an earnings per share basis.

The company employs 51,370 workers across the globe.

STMicroelectronics' mailing address is 39 CHEMIN DU CHAMP DES FILLES PLAN-LES-OUATES, GENEVA V8, 1228. The official website for the company is www.st.com. The semiconductor producer can be reached via phone at (122) 929-2929, via email at celine.berthier@st.com, or via fax at 41-22-929-2988.