STMicroelectronics Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STMicroelectronics stock.
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13 equities research analysts have issued 12 month target prices for STMicroelectronics' stock. Their STM stock forecasts range from $38.00 to $62.00. On average, they predict STMicroelectronics' stock price to reach $52.29 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price.
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STMicroelectronics' stock was trading at $48.88 at the beginning of 2022. Since then, STM stock has decreased by 30.8% and is now trading at $33.84.
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STMicroelectronics saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 2,500,000 shares, a decline of 34.0% from the May 15th total of 3,790,000 shares. Based on an average daily trading volume, of 4,080,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.
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STMicroelectronics is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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STMicroelectronics (NYSE:STM) issued its quarterly earnings data on Wednesday, April, 27th. The semiconductor producer reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.08. The semiconductor producer earned $3.55 billion during the quarter, compared to the consensus estimate of $3.49 billion. STMicroelectronics had a net margin of 17.93% and a trailing twelve-month return on equity of 26.20%. The company's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 earnings per share.
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STMicroelectronics announced a quarterly dividend on Wednesday, June 1st. Stockholders of record on Tuesday, June 21st will be paid a dividend of $0.051 per share on Tuesday, June 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Friday, June 17th.
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STMicroelectronics(NYSE:STM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.60%. The dividend payout ratio of STMicroelectronics is 7.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STMicroelectronics will have a dividend payout ratio of 5.93% next year. This indicates that STMicroelectronics will be able to sustain or increase its dividend.
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STMicroelectronics issued an update on its FY 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $14.80 billion-$15.30 billion, compared to the consensus revenue estimate of $15.19 billion.

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

Some companies that are related to STMicroelectronics include Applied Materials (AMAT), Analog Devices (ADI), Micron Technology (MU), NXP Semiconductors (NXPI), Marvell Technology (MRVL), Microchip Technology (MCHP), Enphase Energy (ENPH), GLOBALFOUNDRIES (GFS), ON Semiconductor (ON), Monolithic Power Systems (MPWR), United Microelectronics (UMC), Semiconductor Manufacturing International (SMICY), SolarEdge Technologies (SEDG), Skyworks Solutions (SWKS) and ASE Technology (ASX).
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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 variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (0.53%), BlackRock Inc. (0.39%), Capital International Investors (0.31%), Goldman Sachs Group Inc. (0.28%), Citigroup Inc. (0.12%) and Royal Bank of Canada (0.10%).
View institutional ownership trends for STMicroelectronics.

STM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Group One Trading L.P., Arrowstreet Capital Limited Partnership, Bank of America Corp DE, Analog Century Management LP, and PEAK6 Investments LLC.
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STM stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Woodline Partners LP, JPMorgan Chase & Co., Citigroup Inc., BlackRock Inc., American Century Companies Inc., BNP Paribas Arbitrage SA, and Walleye Trading LLC.
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Shares of STM 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 $33.84.

STMicroelectronics (NYSE:STM) has a market capitalization of $30.74 billion and generates $12.76 billion in revenue each year. The semiconductor producer earns $2 billion in net income (profit) each year or $2.559990 on an earnings per share basis.

STMicroelectronics employs 48,254 workers across the globe.

STMicroelectronics was founded in 1987.

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