Xerox Stock Price, News & Analysis (NYSE:XRX)

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

Xerox announced a quarterly dividend on Wednesday, August 28th. Investors of record on Monday, September 30th will be given a dividend of $0.25 per share on Thursday, October 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, September 27th. View Xerox's Dividend History.

Xerox's stock 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 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.

Xerox Corp (NYSE:XRX) released its earnings results on Tuesday, July, 30th. The information technology services provider reported $0.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.93 by $0.06. The information technology services provider earned $2.29 billion during the quarter, compared to analyst estimates of $2.30 billion. Xerox had a return on equity of 18.78% and a net margin of 5.76%. The firm's revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period last year, the company earned $0.80 EPS. View Xerox's Earnings History.

Xerox is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Xerox.

Xerox updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $3.80-3.95 for the period, compared to the Thomson Reuters consensus estimate of $3.89.

3 equities research analysts have issued 12 month price targets for Xerox's shares. Their predictions range from $34.00 to $42.00. On average, they expect Xerox's stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Price Targets for Xerox.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xerox in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Xerox.

News coverage about XRX stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Xerox earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Xerox.

Xerox saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 7,860,500 shares, an increase of 13.5% from the July 15th total of 6,923,800 shares. Based on an average daily volume of 2,150,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 3.6% of the shares of the company are sold short. View Xerox's Current Options Chain.

Some companies that are related to Xerox include Palo Alto Networks (PANW), Fortinet (FTNT), Logitech International (LOGI), SEIKO EPSON COR/ADR (SEKEY), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), RADCOM (RDCM), AstroNova (ALOT), TransAct Technologies (TACT) and Identiv (INVE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Xerox investors own include Wolverine World Wide (WWW), Wendys (WEN), Walgreens Boots Alliance (WBA), General Electric (GE), Carnival (CCL), Conduent (CNDT), Intel (INTC), Bank of America (BAC), Cheesecake Factory (CAKE) and Fifth Third Bancorp (FITB).

Xerox's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.34%), AQR Capital Management LLC (3.27%), LSV Asset Management (3.22%), Bank of New York Mellon Corp (3.12%), Invesco Ltd. (2.76%) and APG Asset Management N.V. (1.77%). Company insiders that own Xerox stock include Carl C Icahn, 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 Boston Partners, Becker Capital Management Inc., Renaissance Technologies LLC, Russell Investments Group Ltd., Jefferies Group LLC, Caisse DE Depot ET Placement DU Quebec, Morgan Stanley and Prudential PLC. Company insiders that have sold Xerox company stock in the last year include Herve Tessler and Michael David Feldman. View Insider Buying and Selling for Xerox.

XRX stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Prudential Financial Inc., AQR Capital Management LLC, Invesco Ltd., Robeco Institutional Asset Management B.V., Vanguard Group Inc., Nuveen Asset Management LLC and Panagora Asset Management Inc.. View Insider Buying and Selling 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 $29.64.

Xerox has a market capitalization of $6.66 billion and generates $9.83 billion in revenue each year. The information technology services provider earns $361 million in net income (profit) each year or $3.46 on an earnings per share basis. Xerox employs 32,400 workers across the globe.View Additional Information About Xerox.

The official website for Xerox is http://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]