NYSE:SWCH Switch - SWCH Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Switch, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Add Compare Share Share Today's Range$34.23▼$34.2650-Day Range$33.88▼$34.2552-Week Range$23.03▼$34.26Volume563,355 shsAverage Volume2.34 million shsMarket Capitalization$8.39 billionP/E Ratio22.53Dividend Yield0.61%Price Target$33.56 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Switch MarketRank™ ForecastAnalyst RatingHold2.08 Rating ScoreUpside/Downside2.0% Downside$33.56 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainability-1.93Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth-88.77%From $1.87 to $0.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.14 out of 5 starsBusiness Services Sector315th out of 322 stocksComputer Programming, Data Processing, & Other Computer Related Industry55th out of 61 stocks 1.0 Analyst's Opinion Consensus RatingSwitch has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 1 buy rating, 11 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.56, Switch has a forecasted downside of 2.0% from its current price of $34.25.Amount of Analyst CoverageSwitch has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SWCH. Previous Next 0.8 Dividend Strength Dividend YieldSwitch has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSwitch does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Switch is 13.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Switch will have a dividend payout ratio of 100.00% in the coming year. This indicates that Switch may not be able to sustain their current dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSwitch has received a 4.52% net impact score from Upright. Switch seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is false driven by its "Wholesale of fruit juices", "Pure fruit juices packaged in aluminium cans", and "Aluminium cans" products. See details.Environmental SustainabilityThe Environmental Impact score for Switch is -1.93. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for SWCH on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Switch to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Switch insiders have not sold or bought any company stock.Percentage Held by Insiders14.00% of the stock of Switch is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.58% of the stock of Switch is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Switch are expected to decrease by -88.77% in the coming year, from $1.87 to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Switch is 22.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Switch is 22.53, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 239.54.Price to Book Value per Share RatioSwitch has a P/B Ratio of 13.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Switch (NYSE:SWCH) StockSwitch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services. It develops and operates data centers in Nevada, Michigan, and Georgia. The company serves technology and digital media companies, financial institutions, government agencies, and network and telecommunications providers, as well as cloud, IT, and software providers. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.Read More Receive SWCH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Switch and its competitors with MarketBeat's FREE daily newsletter. Email Address SWCH Stock News HeadlinesNovember 29, 2022 | finance.yahoo.comSwitch Named One of the Top 5 Tech Companies for Solar Use by the Solar Energy Industries AssociationNovember 21, 2022 | investorplace.comCEO Switcharoo Sends Disney (DIS) Stock HigherFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...November 12, 2022 | it.tmcnet.comLOGIX Fiber Networks Signs Agreement to Build Fiber to Switch's Data Center Campus in TexasNovember 9, 2022 | finance.yahoo.comSwitch (SWCH) Reports Q3 Loss, Tops Revenue EstimatesNovember 9, 2022 | finance.yahoo.comSwitch Announces Third Quarter 2022 Financial ResultsOctober 18, 2022 | cnet.comNintendo Switch Sports Will Compensate Players After Recent Downtime - CNETOctober 6, 2022 | businesswire.comNieR:Automata The End of YoRHa Edition Now Available for Nintendo Switch - Business WireFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...October 5, 2022 | washingtonpost.comNier: Automata, one of the best games ever, is great on Nintendo Switch - The Washington PostOctober 1, 2022 | nasdaq.comSwitch Becomes Oversold (SWCH)September 30, 2022 | cnet.comPokemon Scarlet and Violet Edition of Nintendo Switch OLED Preorders Start Today - CNETSeptember 21, 2022 | forbes.com‘Nascar Rivals’ Game For Nintendo Switch Comes As ‘Nascar 21: Ignition’ Gets Next Gen Update - ForbesSeptember 15, 2022 | ftw.usatoday.comNintendo Switch is too 'family-friendly' for Yakuza, claims producer - For The WinSeptember 15, 2022 | forbes.comThe Nintendo Switch Has Two Big Problems That Aren't Going Away - ForbesSeptember 14, 2022 | cnet.comThe Absolute Best Games on Nintendo Switch - CNETSeptember 13, 2022 | cnet.comPikmin 4 Coming to Nintendo Switch in 2023 - CNETSeptember 13, 2022 | bloomberg.comNintendo's Splatoon 3 Launch Sends Stock Soaring on Record Switch Game Debut - BloombergSeptember 12, 2022 | cnet.comNintendo Direct: Start Time, How to Watch and Games Coming to Switch This Winter - CNETSeptember 12, 2022 | reuters.comGermans switch to costly fan heaters as gas shortage fears bite - ReutersSeptember 7, 2022 | cnet.comiOS 16: Use Your Nintendo Switch Joy-Cons With Your iPhone and iPad - CNETSeptember 4, 2022 | cnet.comThe 35 Best Games on Nintendo Switch - CNETSeptember 2, 2022 | techcrunch.comGoing back to school? The Switch is your destination for RPG-powered procrastination - TechCrunchAugust 19, 2022 | forbes.com‘A Short Hike’ Is Getting A Physical Release On Nintendo Switch - ForbesAugust 18, 2022 | finance.yahoo.comSwitch Recognized by Environmental Protection Agency as a Top 10 Green Power LeaderAugust 16, 2022 | cnet.comNintendo Switch Online Is Adding Wave Race 64 This Week - CNETAugust 8, 2022 | finance.yahoo.comSwitch (SWCH) Q2 Earnings Miss EstimatesSee More Headlines Receive SWCH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Switch and its competitors with MarketBeat's FREE daily newsletter. Email Address SWCH Company Calendar Last Earnings11/09/2022Ex-Dividend for 12/1 Dividend11/18/2022Dividend Payable12/01/2022Today2/07/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:SWCH CUSIPN/A CIK1710583 Webwww.switch.com Phone(702) 444-4111FaxN/AEmployees829Year FoundedN/APrice Target and Rating Average Stock Price Forecast$33.56 High Stock Price Forecast$35.00 Low Stock Price Forecast$31.00 Forecasted Upside/Downside-2.0%Consensus RatingHold Rating Score (0-4)2.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio22.53 Forward P/E Ratio18.32 P/E GrowthN/ANet Income$5.41 million Net Margins56.70% Pretax Margin58.45% Return on Equity1.06% Return on Assets0.28% Debt Debt-to-Equity Ratio1.88 Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$592.04 million Price / Sales14.18 Cash Flow$0.82 per share Price / Cash Flow41.56 Book Value$2.54 per share Price / Book13.48Miscellaneous Outstanding Shares245,064,000Free Float210,755,000Market Cap$8.39 billion OptionableOptionable Beta0.59 Key ExecutivesMr. Rob Roy (Age 53)Founder, Chairman & CEO Comp: $3.02MMr. Erin Thomas Morton (Age 53)Pres, Chief Legal Officer & Sec. Comp: $2.09MMr. Gabriel Nacht (Age 61)Chief Financial Officer Comp: $941.91kMs. Melissa Young (Age 50)Chief Information Officer Comp: $661.07kMr. Jonathan H. KingChief Revenue OfficerMs. Jennifer AriasSr. VP of Accounting & ControllerMr. Eddie SchutterChief Technology OfficerMr. Matthew Scott Heinz C.F.A.VP of Investor Relations and Financial Planning & AnalysisKathleen TamExec. VP of Corp. Affairs & Deputy Gen. CounselMs. Heather EllerbeVP of MarketingMore ExecutivesKey CompetitorsAppLovinNYSE:APPGDSNASDAQ:GDSDada NexusNASDAQ:DADAChindata GroupNASDAQ:CDFactSet Research SystemsNYSE:FDSView All CompetitorsInsiders & InstitutionsCutler Group LLC CASold 300 shares on 2/7/2023Ownership: 0.000%Bank of Montreal CanSold 8,500 shares on 2/1/2023Ownership: 0.000%Equitec Proprietary Markets LLCSold 1,200 shares on 1/31/2023Ownership: 0.000%Bank of New York Mellon CorpBought 728,970 shares on 12/8/2022Ownership: 0.712%Mint Tower Capital Management B.V.Bought 16,776 shares on 11/22/2022Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions SWCH Stock - Frequently Asked Questions Should I buy or sell Switch stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last twelve months. There are currently 11 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SWCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWCH, but not buy additional shares or sell existing shares. View SWCH analyst ratings or view top-rated stocks. What is Switch's stock price forecast for 2023? 12 analysts have issued 1-year price objectives for Switch's stock. Their SWCH share price forecasts range from $31.00 to $35.00. On average, they expect the company's share price to reach $33.56 in the next year. This suggests that the stock has a possible downside of 2.0%. View analysts price targets for SWCH or view top-rated stocks among Wall Street analysts. When is Switch's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our SWCH earnings forecast. How were Switch's earnings last quarter? Switch, Inc. (NYSE:SWCH) issued its earnings results on Wednesday, November, 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.07. The company earned $174.47 million during the quarter, compared to analysts' expectations of $169.52 million. Switch had a trailing twelve-month return on equity of 1.06% and a net margin of 56.70%. How often does Switch pay dividends? What is the dividend yield for Switch? Switch announced a quarterly dividend on Wednesday, November 9th. Stockholders of record on Monday, November 21st will be given a dividend of $0.052 per share on Thursday, December 1st. This represents a $0.21 annualized dividend and a yield of 0.61%. The ex-dividend date is Friday, November 18th. Read our dividend analysis for SWCH. Is Switch a good dividend stock? Switch (NYSE:SWCH) pays an annual dividend of $0.21 per share and currently has a dividend yield of 0.61%. The dividend payout ratio is 13.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, SWCH will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SWCH. What is Rob Roy's approval rating as Switch's CEO? 82 employees have rated Switch Chief Executive Officer Rob Roy on Glassdoor.com. Rob Roy has an approval rating of 78% among the company's employees. What other stocks do shareholders of Switch own? Based on aggregate information from My MarketBeat watchlists, some companies that other Switch investors own include Advanced Micro Devices (AMD), Micron Technology (MU), Bank of Hawaii (BOH), NVIDIA (NVDA), Gilead Sciences (GILD), Block (SQ), Alibaba Group (BABA), InterDigital (IDCC), STAG Industrial (STAG) and Teladoc Health (TDOC). When did Switch IPO? (SWCH) raised $470 million in an initial public offering (IPO) on Friday, October 6th 2017. The company issued 31,300,000 shares at a price of $14.00-$16.00 per share. Goldman Sachs, J.P. Morgan, BMO Capital Markets and Wells Fargo Securities served as the underwriters for the IPO and Citigroup, Credit Suisse, Jefferies, BTIG, Raymond James, Stifel and WilliamBlair were co-managers. What is Switch's stock symbol? Switch trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWCH." Who are Switch's major shareholders? Switch's stock is owned by many different institutional and retail investors. Top institutional investors include Cutler Group LLC CA (0.00%), Bank of Montreal Can (0.00%), Equitec Proprietary Markets LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Erin Thomas Morton, Lp Borden, Melissa Young, Michael David Borden, Peter M Thomas, Rob Roy, Stella Roy, Teresa A Borden, Thomas A Thomas and Thomas A Thomas. View institutional ownership trends. What is Switch's stock price today? One share of SWCH stock can currently be purchased for approximately $34.25. How much money does Switch make? Switch (NYSE:SWCH) has a market capitalization of $8.39 billion and generates $592.04 million in revenue each year. The company earns $5.41 million in net income (profit) each year or $1.52 on an earnings per share basis. How many employees does Switch have? The company employs 829 workers across the globe. How can I contact Switch? Switch's mailing address is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. The official website for the company is www.switch.com. The company can be reached via phone at (702) 444-4111 or via email at investorrelations@switch.com. This page (NYSE:SWCH) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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