NYSE:STM - STMicroelectronics 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. Since then, STM shares have decreased by 12.6% and is now trading at $19.99. View which stocks have been mosted impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 3 hold ratings and 10 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 Wednesday, April 22nd 2020. View our earnings forecast for STMicroelectronics.

STMicroelectronics NV (NYSE:STM) announced its quarterly earnings results on Thursday, January, 23rd. The semiconductor producer reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.06. The semiconductor producer had revenue of $2.75 billion for the quarter, compared to analysts' expectations of $2.69 billion. STMicroelectronics had a net margin of 10.80% and a return on equity of 15.33%. The firm's revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. View STMicroelectronics' earnings history.

STMicroelectronics declared a quarterly dividend on Tuesday, February 18th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.06 per share on Tuesday, March 24th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Monday, March 16th. This is a boost from STMicroelectronics's previous quarterly dividend of $0.05. View STMicroelectronics' dividend history.

STMicroelectronics updated its first quarter 2020 Pre-Market earnings guidance on Thursday, January, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.36-2.36 billion, compared to the consensus revenue estimate of $2.25 billion.

13 Wall Street analysts have issued 1 year price targets for STMicroelectronics' shares. Their forecasts range from $14.00 to $35.00. On average, they expect STMicroelectronics' stock price to reach $23.04 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View analysts' price targets for STMicroelectronics.

Media headlines about STM stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. STMicroelectronics earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories 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 immediate future. View the latest news aboutSTMicroelectronics.

STMicroelectronics saw a increase in short interest in February. As of February 28th, there was short interest totaling 8,740,000 shares, an increase of 14.2% from the February 13th total of 7,650,000 shares. Based on an average daily trading volume, of 2,810,000 shares, the short-interest ratio is currently 3.1 days. Currently, 1.0% of the company's shares 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), Kyocera (KYOCY), Xilinx (XLNX), Infineon Technologies (IFNNY), Skyworks Solutions (SWKS), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY) and Qorvo (QRVO).

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."

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 $19.99.

STMicroelectronics has a market capitalization of $18.21 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. View additional information about STMicroelectronics.

The official website for STMicroelectronics is http://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]