STMicroelectronics (STM) Stock Price, News & Analysis

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STM shares.
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8 analysts have issued twelve-month price objectives for STMicroelectronics' shares. Their STM share price targets range from $35.00 to $65.00. On average, they expect the company's stock price to reach $50.75 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price.
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STMicroelectronics' stock was trading at $50.13 at the beginning of the year. Since then, STM shares have decreased by 21.0% and is now trading at $39.59.
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STMicroelectronics saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,360,000 shares, an increase of 30.4% from the March 15th total of 6,410,000 shares. Based on an average daily volume of 3,540,000 shares, the short-interest ratio is currently 2.4 days. Approximately 0.9% of the company's stock are sold short.
View STMicroelectronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our STM earnings forecast.

STMicroelectronics will be holding an earnings conference call on Thursday, April 25th at 3:30 AM Eastern. Interested parties can register for or listen to the call using this link.

STMicroelectronics (NYSE:STM) posted its quarterly earnings results on Thursday, January, 25th. The semiconductor producer reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.19. The semiconductor producer had revenue of $4.28 billion for the quarter, compared to analysts' expectations of $4.08 billion. STMicroelectronics had a trailing twelve-month return on equity of 27.70% and a net margin of 24.36%. The company's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.32 EPS.

STMicroelectronics announced a quarterly dividend on Thursday, March 21st. Shareholders of record on Tuesday, June 25th will be given a dividend of $0.09 per share on Tuesday, July 2nd. This represents a $0.36 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, June 25th. This is a positive change from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for STM.

STMicroelectronics (NYSE:STM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STM will have a dividend payout ratio of 5.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STM.

ETFs with the largest weight of STMicroelectronics (NYSE:STM) stock in their portfolio include Columbia Seligman Semiconductor and Technology ETF (SEMI), VanEck Semiconductor ETF (SMH), ProShares Metaverse ETF (VERS), iShares Semiconductor ETF (SOXX), SPDR S&P Kensho Intelligent Structures ETF (SIMS), SPDR S&P Kensho Smart Mobility ETF (HAIL), Strive U.S. Semiconductor ETF (SHOC) and Direxion Daily Semiconductors Bull 3x Shares (SOXL).

STMicroelectronics updated its first quarter 2024 earnings guidance on Friday, January, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $4.1 billion.

72 employees have rated STMicroelectronics Chief Executive Officer Jean Marc Chery on Glassdoor.com. Jean Marc Chery has an approval rating of 91% among the company's employees. This puts Jean Marc Chery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other STMicroelectronics investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Athabasca Oil (ATH), Transocean (RIG) and Gran Tierra Energy (GTE).

STMicroelectronics' stock is owned by a number of retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%), Nova R Wealth Inc. (0.00%), Park Avenue Securities LLC (0.00%), Wealth Enhancement Advisory Services LLC (0.00%), Atlas Capital Advisors LLC (0.00%) and Ballentine Partners LLC (0.00%).
View institutional ownership trends.

Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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