NYSE:SWCH - Switch Stock Price, Forecast & News

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

Switch declared 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 yield of 0.67%. The ex-dividend date is Monday, November 18th. View Switch's Dividend History.

Switch Inc (NYSE:SWCH) released its earnings results on Thursday, November, 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.01. The business earned $117.60 million during the quarter, compared to analyst estimates of $113.22 million. Switch had a net margin of 1.48% and a return on equity of 3.35%. Switch's revenue was up 14.4% on a year-over-year basis. 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 updated 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 equities research analysts have issued 12 month target prices for Switch's shares. Their forecasts range from $12.00 to $21.00. On average, they anticipate Switch's stock price to reach $17.50 in the next year. 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 articles about SWCH stock have trended very negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Switch earned a news impact score of -3.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Switch.

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

Some companies that are related to Switch include Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), FactSet Research Systems (FDS), Line (LN), Weibo (WB), 58.com (WUBA), Wix.Com (WIX), Stars Group (TSG), InterXion (INXN), 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 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 acted 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 a variety of of retail and institutional investors. Top institutional shareholders 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 acquired 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]