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 is Friday, September 27th. View Xerox's Dividend History.

Xerox's stock reverse split before market open 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 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 Corp (NYSE:XRX) released its quarterly earnings results on Tuesday, July, 30th. The information technology services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.93 by $0.06. The information technology services provider earned $2.29 billion during the quarter, compared to the consensus estimate of $2.30 billion. Xerox had a net margin of 5.76% and a return on equity of 18.78%. The company's quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the firm 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 analysts have issued 1-year price targets for Xerox's stock. Their forecasts range from $34.00 to $42.00. On average, they expect Xerox's share price to reach $38.00 in the next year. 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.

Media coverage about XRX stock has been trending somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Xerox earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Xerox.

Xerox saw a increase in short interest during 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 trading volume of 2,150,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 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 a variety of of retail and institutional 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 acquired 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]