STMicroelectronics (NYSE:STM) Forecasted to Earn Q1 2025 Earnings of $0.69 Per Share

STMicroelectronics (NYSE:STM) – Equities research analysts at William Blair decreased their Q1 2025 earnings per share estimates for shares of STMicroelectronics in a note issued to investors on Friday, April 26th. William Blair analyst J. Dorsheimer now expects that the semiconductor producer will earn $0.69 per share for the quarter, down from their prior estimate of $0.83. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for STMicroelectronics’ current full-year earnings is $2.74 per share.

STMicroelectronics (NYSE:STM) last posted its quarterly earnings data on Thursday, April 25th. The semiconductor producer reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.05). The business had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.61 billion. STMicroelectronics had a return on equity of 23.52% and a net margin of 22.30%. STMicroelectronics’s revenue for the quarter was down 18.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.10 EPS.

Other analysts have also issued reports about the company. Berenberg Bank raised STMicroelectronics from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. StockNews.com cut shares of STMicroelectronics from a “buy” rating to a “hold” rating in a research report on Friday. HSBC assumed coverage on shares of STMicroelectronics in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Craig Hallum decreased their target price on STMicroelectronics from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Thursday, January 25th. Finally, Susquehanna reiterated a “positive” rating and issued a $55.00 target price on shares of STMicroelectronics in a report on Monday, April 8th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.75.

STMicroelectronics Trading Down 3.0 %

NYSE STM opened at $41.33 on Monday. The company’s fifty day simple moving average is $43.75 and its 200-day simple moving average is $44.55. The stock has a market cap of $37.31 billion, a P/E ratio of 10.60, a PEG ratio of 2.76 and a beta of 1.69. STMicroelectronics has a 52 week low of $37.21 and a 52 week high of $55.85. The company has a current ratio of 3.17, a quick ratio of 2.44 and a debt-to-equity ratio of 0.16.

STMicroelectronics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th will be paid a dividend of $0.09 per share. This is an increase from STMicroelectronics’s previous quarterly dividend of $0.06. The ex-dividend date is Tuesday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.87%. STMicroelectronics’s dividend payout ratio is presently 5.13%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Thomas J. Herzfeld Advisors Inc. grew its stake in shares of STMicroelectronics by 548.4% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 590 shares of the semiconductor producer’s stock valued at $25,000 after purchasing an additional 499 shares during the period. Mather Group LLC. bought a new position in STMicroelectronics in the 1st quarter valued at $28,000. Huntington National Bank lifted its position in STMicroelectronics by 112.7% during the 3rd quarter. Huntington National Bank now owns 689 shares of the semiconductor producer’s stock worth $30,000 after buying an additional 365 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of STMicroelectronics during the third quarter worth approximately $30,000. Finally, Spire Wealth Management boosted its position in STMicroelectronics by 125.0% in the 3rd quarter. Spire Wealth Management now owns 720 shares of the semiconductor producer’s stock valued at $31,000 after buying an additional 400 shares during the last quarter. Institutional investors own 5.05% of the company’s stock.

STMicroelectronics Company Profile

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.