NYSE:SYX - Systemax Stock Price, Forecast & News

Systemax trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYX."

Systemax announced a quarterly dividend on Thursday, February 27th. Investors of record on Monday, March 9th will be given a dividend of $0.14 per share on Monday, March 16th. This represents a $0.56 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Systemax's previous quarterly dividend of $0.12. View Systemax's Dividend History.

Systemax Inc. (NYSE:SYX) issued its earnings results on Tuesday, February, 25th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.21 by $0.09. The business earned $222.20 million during the quarter, compared to analyst estimates of $223.07 million. Systemax had a net margin of 5.12% and a return on equity of 33.73%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. View Systemax's Earnings History.

Systemax is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Systemax.

Press coverage about SYX stock has trended very negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news 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. Systemax earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Systemax.

Systemax saw a decrease in short interest during the month of February. As of February 14th, there was short interest totalling 31,500 shares, a decrease of 40.6% from the January 30th total of 53,000 shares. Based on an average trading volume of 49,500 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short. View Systemax's Current Options Chain.

Some companies that are related to Systemax include Canada Goose (GOOS), Vivint Smart Home (VVNT), Farfetch (FTCH), Lithia Motors (LAD), Aaron's (AAN), Builders FirstSource (BLDR), Qurate Retail Inc Series B (QRTEB), Qurate Retail Inc Series A (QRTEA), Wingstop (WING), KAR Auction Services (KAR), Stamps.com (STMP), Stitch Fix (SFIX), Urban Outfitters (URBN), Shake Shack (SHAK) and American Eagle Outfitters (AEO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Systemax investors own include EOG Resources (EOG), SunCoke Energy (SXC), AbbVie (ABBV), Caterpillar (CAT), Walt Disney (DIS), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), Axsome Therapeutics (AXSM), Micron Technology (MU) and Stitch Fix (SFIX).

Systemax's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include King Luther Capital Management Corp (2.10%), State Street Corp (0.88%), Renaissance Technologies LLC (0.77%), Scout Investments Inc. (0.68%), Geode Capital Management LLC (0.65%) and Royce & Associates LP (0.49%). Company insiders that own Systemax stock include David Kipe, Lawrence P Reinhold, Robert Dooley, Thomas Axmacher and Thomas Eugene Clark. View Institutional Ownership Trends for Systemax.

SYX stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Russell Investments Group Ltd., Goldman Sachs Group Inc., New York State Common Retirement Fund, Royce & Associates LP, Strs Ohio, Bank of America Corp DE and Credit Suisse AG. View Insider Buying and Selling for Systemax.

SYX stock was purchased by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., King Luther Capital Management Corp, Alambic Investment Management L.P. and Geode Capital Management LLC. View Insider Buying and Selling for Systemax.

Shares of SYX 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 SYX stock can currently be purchased for approximately $20.86.

Systemax has a market capitalization of $782.88 million and generates $946.90 million in revenue each year. The company earns $224.70 million in net income (profit) each year or $1.32 on an earnings per share basis. Systemax employs 1,550 workers across the globe.View Additional Information About Systemax.

The official website for Systemax is http://www.systemax.com/.

Systemax's mailing address is 11 HARBOR PARK DRIVE, PORT WASHINGTON NY, 11050. The company can be reached via phone at 516-608-7000 or via email at [email protected]