S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NYSE:SWCH

Switch Stock Forecast, Price & News

$26.23
-0.02 (-0.08 %)
(As of 09/24/2021 04:00 PM ET)
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Today's Range
$25.86
$26.33
50-Day Range
$20.31
$26.72
52-Week Range
$13.38
$27.03
Volume1.08 million shs
Average Volume2.25 million shs
Market Capitalization$6.34 billion
P/E Ratio119.23
Dividend Yield0.80%
Beta0.75
30 days | 90 days | 365 days | Advanced Chart
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Switch logo

About Switch

Switch, Inc. (Nevada) engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers. The firm's products include Switch CONNECT and Switch SAFE. The company was founded by Rob Roy in 2000 and is headquartered in Las Vegas, NV.

Headlines

Is Switch, Inc.s (NYSE:SWCH) ROE Of 10% Concerning?
Is Switch, Inc.'s (NYSE:SWCH) ROE Of 10% Concerning?
September 23, 2021 |  finance.yahoo.com
$0.04 EPS Expected for Switch, Inc. (NYSE:SWCH) This Quarter
$0.04 EPS Expected for Switch, Inc. (NYSE:SWCH) This Quarter
September 20, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) Reaches New 12-Month High at $26.91
Switch (NYSE:SWCH) Reaches New 12-Month High at $26.91
September 16, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) Sets New 12-Month High at $26.47
Switch (NYSE:SWCH) Sets New 12-Month High at $26.47
September 8, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) & Clikia (OTCMKTS:CLKA) Head-To-Head Analysis
Switch (NYSE:SWCH) & Clikia (OTCMKTS:CLKA) Head-To-Head Analysis
September 3, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.43 out of 5 stars

Business Services Sector

52nd out of 392 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

9th out of 79 stocks

Analyst Opinion: 2.6Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
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Switch (NYSE:SWCH) Frequently Asked Questions

Is Switch a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Switch stock.
View analyst ratings for Switch
or view top-rated stocks.

What stocks does MarketBeat like better than Switch?

Wall Street analysts have given Switch a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Switch wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Switch's next earnings date?

Switch is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Switch
.

How were Switch's earnings last quarter?

Switch, Inc. (NYSE:SWCH) posted its quarterly earnings data on Thursday, August, 5th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.02. The business earned $141.69 million during the quarter, compared to the consensus estimate of $135.03 million. Switch had a net margin of 5.23% and a trailing twelve-month return on equity of 4.62%.
View Switch's earnings history
.

How has Switch's stock price been impacted by COVID-19?

Switch's stock was trading at $12.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SWCH stock has increased by 103.6% and is now trading at $26.23.
View which stocks have been most impacted by COVID-19
.

How often does Switch pay dividends? What is the dividend yield for Switch?

Switch announced a quarterly dividend on Friday, August 6th. Stockholders of record on Thursday, August 19th will be given a dividend of $0.0525 per share on Tuesday, August 31st. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Wednesday, August 18th. This is a boost from Switch's previous quarterly dividend of $0.05.
View Switch's dividend history
.

Is Switch a good dividend stock?

Switch pays an annual dividend of $0.21 per share and currently has a dividend yield of 0.80%. Switch does not yet have a strong track record of dividend growth. The dividend payout ratio of Switch is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Switch will have a dividend payout ratio of 77.78% in the coming year. This indicates that Switch may not be able to sustain their current dividend.
View Switch's dividend history.

What guidance has Switch issued on next quarter's earnings?

Switch issued an update on its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $593.50 million-$603.50 million, compared to the consensus revenue estimate of $555.86 million.

What price target have analysts set for SWCH?

10 brokerages have issued 12 month target prices for Switch's shares. Their forecasts range from $22.00 to $28.00. On average, they expect Switch's stock price to reach $25.11 in the next twelve months. This suggests that the stock has a possible downside of 4.3%.
View analysts' price targets for Switch
or view top-rated stocks among Wall Street analysts.

Who are Switch's key executives?

Switch's management team includes the following people:
  • Rob Roy, Chairman & Chief Executive Officer
  • Thomas Morton, President, Secretary & Chief Legal Officer
  • Lesley McVay, Chief Operations Officer
  • Gabe Nacht, Chief Financial Officer
  • Missy Young, Chief Information Officer

What is Rob Roy's approval rating as Switch's CEO?

82 employees have rated Switch CEO Rob Roy on Glassdoor.com. Rob Roy has an approval rating of 78% among Switch'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), Square (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 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 shareholders include Vanguard Group Inc. (3.84%), BlackRock Inc. (3.25%), Royal Bank of Canada (3.23%), Senvest Management LLC (2.26%), Healthcare of Ontario Pension Plan Trust Fund (1.77%) and Macquarie Group Ltd. (1.32%). Company insiders that own Switch 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, Thomas A Thomas and William Gonsalves Balelo.
View institutional ownership trends for Switch
.

Which institutional investors are selling Switch stock?

SWCH stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Renaissance Technologies LLC, Vaughan Nelson Investment Management L.P., Senvest Management LLC, US Bancorp DE, American Assets Capital Advisers LLC, Deutsche Bank AG, and Clearbridge Investments LLC. Company insiders that have sold Switch company stock in the last year include Erin Thomas Morton, Rob Roy, Stella Roy, Teresa A Borden, and Thomas A Thomas.
View insider buying and selling activity for Switch
or view top insider-selling stocks.

Which institutional investors are buying Switch stock?

SWCH stock was acquired by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Macquarie Group Ltd., Impax Asset Management Group plc, Canada Pension Plan Investment Board, Deprince Race & Zollo Inc., DAVENPORT & Co LLC, Royal Bank of Canada, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for Switch
or or view top insider-buying stocks.

How do I buy shares of Switch?

Shares of SWCH 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.
Compare Top Brokerages Here.

What is Switch's stock price today?

One share of SWCH stock can currently be purchased for approximately $26.23.

How much money does Switch make?

Switch has a market capitalization of $6.34 billion and generates $511.55 million in revenue each year. The company earns $15.54 million in net income (profit) each year or $0.21 on an earnings per share basis.

How many employees does Switch have?

Switch employs 759 workers across the globe.

What is Switch's official website?

The official website for Switch is www.switch.com.

Where are Switch's headquarters?

How can I contact Switch?

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].


This page was last updated on 9/25/2021 by MarketBeat.com Staff

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