Dolby Laboratories, Inc. (NYSE:DLB – Free Report) – Analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for Dolby Laboratories in a report issued on Tuesday, October 29th. Zacks Research analyst V. Doshi now forecasts that the electronics maker will post earnings of $0.71 per share for the quarter, down from their previous estimate of $0.72. The consensus estimate for Dolby Laboratories’ current full-year earnings is $2.71 per share. Zacks Research also issued estimates for Dolby Laboratories’ Q2 2026 earnings at $0.74 EPS and FY2026 earnings at $2.81 EPS.
Dolby Laboratories (NYSE:DLB – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The electronics maker reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.14. Dolby Laboratories had a return on equity of 10.66% and a net margin of 16.87%. The company had revenue of $288.82 million during the quarter, compared to analysts’ expectations of $286.26 million.
Check Out Our Latest Stock Report on Dolby Laboratories
Dolby Laboratories Stock Up 1.0 %
NYSE DLB opened at $73.65 on Friday. Dolby Laboratories has a fifty-two week low of $66.35 and a fifty-two week high of $90.06. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 33.63 and a beta of 0.97. The business has a fifty day moving average of $72.89 and a 200-day moving average of $76.49.
Dolby Laboratories announced that its Board of Directors has authorized a stock buyback program on Wednesday, August 7th that authorizes the company to repurchase $350.00 million in shares. This repurchase authorization authorizes the electronics maker to buy up to 5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.
Dolby Laboratories Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Investors of record on Monday, August 19th were paid a $0.30 dividend. The ex-dividend date was Monday, August 19th. This represents a $1.20 annualized dividend and a yield of 1.63%. Dolby Laboratories’s payout ratio is currently 54.79%.
Insider Activity at Dolby Laboratories
In other Dolby Laboratories news, CEO Kevin J. Yeaman sold 28,512 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $74.12, for a total transaction of $2,113,309.44. Following the completion of the sale, the chief executive officer now owns 83,721 shares of the company’s stock, valued at approximately $6,205,400.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 39.54% of the company’s stock.
Institutional Investors Weigh In On Dolby Laboratories
A number of institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in Dolby Laboratories by 9.0% during the third quarter. Assetmark Inc. now owns 19,540 shares of the electronics maker’s stock valued at $1,495,000 after acquiring an additional 1,606 shares during the period. CWA Asset Management Group LLC purchased a new stake in Dolby Laboratories during the third quarter valued at about $746,000. Equitable Trust Co. purchased a new stake in shares of Dolby Laboratories in the third quarter worth about $460,000. Van ECK Associates Corp boosted its position in shares of Dolby Laboratories by 40.0% in the third quarter. Van ECK Associates Corp now owns 34,881 shares of the electronics maker’s stock worth $2,535,000 after buying an additional 9,967 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Dolby Laboratories by 19.1% in the third quarter. Harbor Capital Advisors Inc. now owns 2,435 shares of the electronics maker’s stock worth $186,000 after buying an additional 390 shares during the period. Hedge funds and other institutional investors own 58.56% of the company’s stock.
Dolby Laboratories Company Profile
Dolby Laboratories, Inc creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.
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