NYSE:XRXXerox Stock Price, Forecast & News

Xerox's stock was trading at $27.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, XRX shares have decreased by 42.4% and is now trading at $16.04. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xerox in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Xerox.

Xerox is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Xerox.

Xerox Corp (NYSE:XRX) released its quarterly earnings results on Tuesday, April, 28th. The information technology services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.08. The information technology services provider earned $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. Xerox had a net margin of 13.85% and a return on equity of 15.93%. The business's revenue for the quarter was down 14.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.91 earnings per share. View Xerox's earnings history.

Xerox declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.25 per share on Friday, July 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend is Monday, June 29th. View Xerox's dividend history.

Xerox shares reverse split on 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 market closes 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.

5 brokers have issued 1 year target prices for Xerox's stock. Their forecasts range from $13.00 to $25.00. On average, they anticipate Xerox's share price to reach $19.40 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View analysts' price targets for Xerox.

News headlines about XRX stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Xerox earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutXerox.

Xerox saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,810,000 shares, a decrease of 26.2% from the April 30th total of 9,230,000 shares. Based on an average trading volume of 3,200,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 3.3% of the shares of the company are sold short. View Xerox's Current Options Chain.

Some companies that are related to Xerox include Logitech International (LOGI), SEIKO EPSON COR/ADR (SEKEY), FireEye (FEYE), Forescout Technologies (FSCT), Stratasys (SSYS), Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), Identiv (INVE), AstroNova (ALOT), Key Tronic (KTCC), TransAct Technologies (TACT), Interlink Electronics (LINK), IGO (IGOI) and Digital China (DCHIF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Xerox investors own include General Electric (GE), Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Wendys (WEN), Bank of America (BAC), Carnival (CCL), Intel (INTC), Cisco Systems (CSCO), Conduent (CNDT) and AT&T (T).

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

Xerox's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (4.36%), AQR Capital Management LLC (4.20%), Bank of New York Mellon Corp (3.47%), Invesco Ltd. (2.02%), Geode Capital Management LLC (1.78%) and Robeco Institutional Asset Management B.V. (0.96%). Company insiders that own Xerox stock include Herve Tessler, Keith Cozza and Michael David Feldman. View institutional ownership trends for Xerox.

XRX stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Bleichroeder LP, Schroder Investment Management Group, Invesco Ltd., Alliancebernstein L.P., Robeco Institutional Asset Management B.V., and SG Americas Securities LLC. View insider buying and selling activity for Xerox.

XRX stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Mason Capital Management LLC, Quinn Opportunity Partners LLC, Acadian Asset Management LLC, Segantii Capital Management Ltd, Alpine Associates Management Inc., Railway Pension Investments Ltd, and Deutsche Bank AG. View insider buying and selling activity for Xerox.

Shares of XRX 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 XRX stock can currently be purchased for approximately $16.04.

Xerox has a market capitalization of $3.42 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 27,000 workers across the globe.

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

Xerox's mailing address is P.O. Box 4505 201 Merritt 7, Norwalk CT, 06851. The information technology services provider can be reached via phone at 203-968-3000 or via email at [email protected]