NYSE:STMSTMicroelectronics Stock Price, Forecast & News

STMicroelectronics' stock was trading at $22.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STM shares have increased by 8.7% and is now trading at $24.85. 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 NV (NYSE:STM) announced its earnings results on Wednesday, April, 22nd. The semiconductor producer reported $0.21 earnings per share (EPS) for the quarter, missing the 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 company's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. 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 dividend on an annualized basis and a yield of 0.68%. 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 brokerages have issued twelve-month price targets for STMicroelectronics' stock. Their forecasts range from $14.92 to $35.00. On average, they anticipate STMicroelectronics' share price to reach $26.18 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View analysts' price targets for STMicroelectronics.

Media stories about STM stock have been trending very negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. STMicroelectronics earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage about the semiconductor producer a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutSTMicroelectronics.

STMicroelectronics saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,600,000 shares, a decrease of 13.2% from the April 30th total of 5,300,000 shares. Based on an average daily trading volume, of 2,990,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the shares of the stock are short sold. View STMicroelectronics' Current Options Chain.

Some companies that are related to STMicroelectronics include Advanced Micro Devices (AMD), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), TOKYO ELECTRON/ADR (TOELY), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Kyocera (KYOCY), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Qorvo (QRVO) and Semiconductor Manufacturing International (SMICY). 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 many different retail and institutional investors. Top institutional shareholders include Grantham Mayo Van Otterloo & Co. LLC (0.44%), Victory Capital Management Inc. (0.25%), Victory Capital Management Inc. (0.25%), Van ECK Associates Corp (0.23%), Invesco Ltd. (0.22%) and Morgan Stanley (0.17%). View institutional ownership trends for STMicroelectronics.

STM stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Morgan Stanley, Morgan Stanley, DE Burlo Group Inc., Invesco Ltd., Deutsche Bank AG, Two Sigma Advisers LP, and Wells Fargo & Company MN. View insider buying and selling activity for STMicroelectronics.

STM stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Van ECK Associates Corp, Bank of New York Mellon Corp, Thrivent Financial for Lutherans, JPMorgan Chase & Co., State Street Corp, and Aperio 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 $24.85.

STMicroelectronics has a market capitalization of $22.64 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]