NYSE:SWCH - Switch Stock Price, Forecast & News

Switch trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWCH."

Switch announced a quarterly dividend on Thursday, November 7th. Investors of record on Tuesday, November 19th will be paid a dividend of $0.0294 per share on Friday, November 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Monday, November 18th. View Switch's Dividend History.

Switch Inc (NYSE:SWCH) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.01. The business earned $117.60 million during the quarter, compared to the consensus estimate of $113.22 million. Switch had a return on equity of 3.35% and a net margin of 1.48%. Switch's revenue for the quarter was up 14.4% compared to the same quarter last year. View Switch's Earnings History.

Switch is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Switch.

Switch will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Switch issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$454-456 million, compared to the consensus revenue estimate of $$446.88 million.

3 Wall Street analysts have issued 1-year target prices for Switch's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Switch's stock price to reach $17.50 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Switch.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Switch.

News stories about SWCH stock have been trending very negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Switch earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Switch.

Switch saw a decline in short interest in January. As of January 31st, there was short interest totalling 3,260,000 shares, a decline of 12.8% from the January 15th total of 3,740,000 shares. Based on an average trading volume of 916,800 shares, the short-interest ratio is presently 3.6 days. Currently, 5.4% of the shares of the stock are sold short. View Switch's Current Options Chain.

Some companies that are related to Switch include Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), InterXion (INXN), Stars Group (TSG), Wix.Com (WIX), GDS (GDS), Sabre (SABR), HUYA (HUYA), Tripadvisor (TRIP) and Medallia (MDLA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Switch investors own include Bank of Hawaii (BOH), Advanced Micro Devices (AMD), InterDigital Wireless (IDCC), Stag Industrial (STAG), NVIDIA (NVDA), Micron Technology (MU), Macy's (M), Square (SQ), Alibaba Group (BABA) and General Electric (GE).

(SWCH) raised $470 million in an 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.

Switch's stock is owned by many different of institutional and retail investors. Top institutional investors include Sylebra Capital Ltd (3.27%), Renaissance Technologies LLC (2.66%), ArrowMark Colorado Holdings LLC (2.61%), US Bancorp DE (1.74%), First Trust Advisors LP (1.10%) and Senvest Management LLC (0.91%). Company insiders that own Switch stock include Donald D Snyder, Intel Capital Corp, Michael David Borden, Peter M Thomas, Scott Russell Gragson, Thomas A Thomas and William Gonsalves Balelo. View Institutional Ownership Trends for Switch.

SWCH stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Royce & Associates LP, Falcon Point Capital LLC, US Bancorp DE, Cubist Systematic Strategies LLC, Credit Suisse AG, Bank of Montreal Can and AlphaCrest Capital Management LLC. Company insiders that have sold Switch company stock in the last year include Donald D Snyder, Michael David Borden, Peter M Thomas, Scott Russell Gragson, Thomas A Thomas and William Gonsalves Balelo. View Insider Buying and Selling for Switch.

SWCH stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Sylebra Capital Ltd, Citigroup Inc., ArrowMark Colorado Holdings LLC, Pacer Advisors Inc., Pacific Edge Advisors LLC, State of New Jersey Common Pension Fund D and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Switch.

Shares of SWCH 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 SWCH stock can currently be purchased for approximately $17.67.

Switch has a market capitalization of $4.27 billion and generates $405.86 million in revenue each year. The company earns $4.05 million in net income (profit) each year or $0.09 on an earnings per share basis. Switch employs 731 workers across the globe.View Additional Information About Switch.

The official website for Switch is http://www.switch.com/.

Switch's mailing address is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. The company can be reached via phone at 702-444-4111 or via email at [email protected]