NYSE:WIT - Wipro Stock Price, Price Target & More

Wipro trades on the New York Stock Exchange (NYSE) under the ticker symbol "WIT."

Wipro declared a dividend on Friday, January 19th. Stockholders of record on Thursday, February 1st will be paid a dividend of $0.016 per share on Thursday, February 1st. The ex-dividend date of this dividend is Wednesday, January 31st. This is a positive change from Wipro's previous dividend of $0.01. View Wipro's Dividend History.

Wipro's stock split on the morning of Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly issued shares were payable to shareholders after the closing bell on Tuesday, April 25th 2017. An investor that had 100 shares of Wipro stock prior to the split would have 200 shares after the split.

Wipro announced that its Board of Directors has authorized a stock repurchase plan on Friday, July 21st 2017, which authorizes the company to repurchase $1,700,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.1% of its shares through a tender offer. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Wipro Limited (NYSE:WIT) issued its earnings results on Wednesday, April, 25th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.01. The information technology services provider had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.18 billion. Wipro had a return on equity of 15.49% and a net margin of 14.68%. View Wipro's Earnings History.

Wipro is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for Wipro.

4 brokers have issued 1-year target prices for Wipro's stock. Their forecasts range from $277.00 to $277.00. On average, they anticipate Wipro's stock price to reach $277.00 in the next year. View Analyst Ratings for Wipro.

Some companies that are related to Wipro include Cognizant Technology Solutions (CTSH), Infosys (INFY), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), EPAM Systems (EPAM), Sogou (SOGO), GEMALTO NV/S (GTOMY), Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU) and Luxoft (LXFT).

Media headlines about WIT stock have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wipro earned a media sentiment score of 0.14 on Accern's scale. They also gave headlines about the information technology services provider an impact score of 47.02 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Wipro's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.45%), Fisher Asset Management LLC (0.10%), Aperio Group LLC (0.08%), Zurcher Kantonalbank Zurich Cantonalbank (0.04%), Northern Trust Corp (0.04%) and Prudential Financial Inc. (0.04%). View Institutional Ownership Trends for Wipro.

WIT stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Northern Trust Corp, Zurcher Kantonalbank Zurich Cantonalbank, Prudential Financial Inc., Millennium Management LLC, JPMorgan Chase & Co., Migdal Insurance & Financial Holdings Ltd. and Bluestein R H & Co.. View Insider Buying and Selling for Wipro.

WIT stock was bought by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Barclays PLC, Fisher Asset Management LLC, Sei Investments Co., Aperio Group LLC, US Bancorp DE, A.R.T. Advisors LLC and BlackRock Inc.. View Insider Buying and Selling for Wipro.

Shares of WIT 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, Scottrade, Fidelity and Charles Schwab.

One share of WIT stock can currently be purchased for approximately $4.80.

Wipro has a market capitalization of $21.73 billion and generates $8.37 billion in revenue each year. The information technology services provider earns $1.23 billion in net income (profit) each year or $0.26 on an earnings per share basis. Wipro employs 160,000 workers across the globe.

Wipro's mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The information technology services provider can be reached via phone at 91-80-4672-6603 or via email at [email protected]