Xerox Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Xerox in the last year. There are currently 4 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" Xerox stock.
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Wall Street analysts have given Xerox a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Xerox wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Xerox saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,270,000 shares, an increase of 27.8% from the December 31st total of 3,340,000 shares. Based on an average daily trading volume, of 2,260,000 shares, the short-interest ratio is currently 1.9 days. Currently, 2.3% of the company's stock are short sold.
View Xerox's Short Interest.

Xerox is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Xerox.

Xerox Holdings Co. (NYSE:XRX) issued its earnings results on Monday, January, 25th. The information technology services provider reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.02. The information technology services provider earned $1.93 billion during the quarter, compared to analyst estimates of $1.90 billion. Xerox had a net margin of 13.35% and a trailing twelve-month return on equity of 11.87%. The firm's revenue was down 21.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.33 earnings per share.
View Xerox's earnings history.

Xerox's stock was trading at $27.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, XRX shares have decreased by 9.0% and is now trading at $25.33.
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Xerox declared a quarterly dividend on Thursday, February 18th. Shareholders of record on Wednesday, March 31st will be paid a dividend of $0.25 per share on Friday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Tuesday, March 30th.
View Xerox's dividend history.

Xerox pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.06%. XRX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Xerox does not yet have a strock track record of dividend growth. The dividend payout ratio of Xerox is 28.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Xerox will have a dividend payout ratio of 42.02% next year. This indicates that Xerox will be able to sustain or increase its dividend.
View Xerox's dividend history.

Xerox shares reverse split on the morning of Wednesday, June 14th 2017. The 1-4 reverse split was announced on Tuesday, May 23rd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 13th 2017. An investor that had 100 shares of Xerox stock prior to the reverse split would have 25 shares after the split.

Xerox issued an update on its FY 2021 Pre-Market earnings guidance on Tuesday, January, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.2 billion, compared to the consensus revenue estimate of $7.04 billion.

6 brokerages have issued 12 month target prices for Xerox's stock. Their forecasts range from $13.00 to $20.00. On average, they expect Xerox's share price to reach $17.67 in the next twelve months. This suggests that the stock has a possible downside of 30.3%.
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470 employees have rated Xerox CEO John Visentin on Glassdoor.com. John Visentin has an approval rating of 62% among Xerox's employees. This puts John Visentin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 47.0% of employees surveyed would recommend working at Xerox to a friend.

Some companies that are related to Xerox include Logitech International (LOGI), Seiko Epson (SEKEY), FireEye (FEYE), Corsair Gaming (CRSR), HTC (HTCXF), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), Identiv (INVE), RADCOM (RDCM), Creative Technology (CREAF), TransAct Technologies (TACT), AstroNova (ALOT) and IGO (IGOI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Xerox investors own include General Electric (GE), Bank of America (BAC), Intel (INTC), Walgreens Boots Alliance (WBA), AT&T (T), Cisco Systems (CSCO), Carnival Co. & (CCL), Wolverine World Wide (WWW), The Wendy's (WEN) and NVIDIA (NVDA).

Xerox trades on the New York Stock Exchange (NYSE) under the ticker symbol "XRX."

Xerox's stock is owned by a number of retail and institutional investors. Top institutional investors include Icahn Carl C (14.00%), Bank of New York Mellon Corp (3.84%), Boston Partners (2.32%), Boston Partners (2.32%), Prudential PLC (1.60%) and Schroder Investment Management Group (1.28%). Company insiders that own Xerox stock include Carl C Icahn, Cheryl Gordon Krongard, Herve Tessler and Joseph H Mancini.
View institutional ownership trends for Xerox.

XRX stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Bleichroeder LP, Janus Henderson Group PLC, Teacher Retirement System of Texas, Voloridge Investment Management LLC, Renaissance Technologies LLC, First Trust Advisors LP, and Quinn Opportunity Partners LLC.
View insider buying and selling activity for Xerox or view top insider-selling stocks.

XRX stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, SummerHaven Investment Management LLC, Icahn Carl C, Wealth Enhancement Advisory Services LLC, Principal Financial Group Inc., Principal Financial Group Inc., Great Lakes Advisors LLC, and Canada Pension Plan Investment Board. Company insiders that have bought Xerox stock in the last two years include Carl C Icahn, and Cheryl Gordon Krongard.
View insider buying and selling activity for Xerox or or view top insider-buying stocks.

Shares of XRX 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.
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One share of XRX stock can currently be purchased for approximately $25.33.

Xerox has a market capitalization of $5.03 billion and generates $9.07 billion in revenue each year. The information technology services provider earns $1.35 billion in net income (profit) each year or $3.55 on an earnings per share basis.

Xerox employs 25,500 workers across the globe.

The official website for Xerox is www.xerox.com.

Xerox is headquartered at P.O. Box 4505 201 Merritt 7, Norwalk CT, 06851.

Xerox's mailing address is P.O. Box 4505 201 Merritt 7, Norwalk CT, 06851. The information technology services provider can be reached via email at [email protected]