Wall Street brokerages expect Microsoft Corporation (NASDAQ:MSFT) to post earnings per share of $0.73 for the current quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Microsoft Corporation’s earnings. The highest EPS estimate is $0.81 and the lowest is $0.69. Microsoft Corporation reported earnings of $0.76 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 3.9%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Thursday, October 26th.

According to Zacks, analysts expect that Microsoft Corporation will report full year earnings of $3.20 per share for the current year, with EPS estimates ranging from $2.93 to $3.51. For the next year, analysts expect that the company will post earnings of $3.62 per share, with EPS estimates ranging from $3.38 to $4.12. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Microsoft Corporation.

Microsoft Corporation (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, July 20th. The software giant reported $0.98 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.27. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The business had revenue of $24.70 billion during the quarter, compared to the consensus estimate of $24.29 billion. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year.

Several research analysts have recently weighed in on the stock. Sanford C. Bernstein set a $87.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a research note on Friday, July 21st. Canaccord Genuity reaffirmed a “hold” rating and set a $76.00 price target on shares of Microsoft Corporation in a report on Friday, September 15th. Evercore ISI reaffirmed a “buy” rating and set a $80.00 price target on shares of Microsoft Corporation in a research note on Friday, August 18th. Morningstar, Inc. reaffirmed a “buy” rating on shares of Microsoft Corporation in a research note on Wednesday, June 28th. Finally, Macquarie set a $77.00 price objective on shares of Microsoft Corporation and gave the stock a “neutral” rating in a report on Friday, July 21st. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $76.72.

Shares of Microsoft Corporation (MSFT) traded down 0.44% during mid-day trading on Friday, hitting $74.28. The stock had a trading volume of 6,657,394 shares. Microsoft Corporation has a 12-month low of $56.32 and a 12-month high of $75.97. The stock has a market cap of $572.12 billion, a P/E ratio of 27.41 and a beta of 1.01. The company’s 50 day moving average price is $73.86 and its 200 day moving average price is $70.42.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.42 per share. This is an increase from Microsoft Corporation’s previous quarterly dividend of $0.39. This represents a $1.68 annualized dividend and a yield of 2.25%. The ex-dividend date is Wednesday, November 15th. Microsoft Corporation’s payout ratio is 57.78%.

In related news, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the completion of the sale, the insider now directly owns 544,080 shares in the company, valued at $40,261,920. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,108,526 shares of company stock valued at $515,879,974. 2.99% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in MSFT. Vanguard Group Inc. grew its holdings in shares of Microsoft Corporation by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after acquiring an additional 25,053,413 shares in the last quarter. State Street Corp increased its stake in shares of Microsoft Corporation by 0.8% in the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock worth $20,988,383,000 after acquiring an additional 2,552,473 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Microsoft Corporation by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after acquiring an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of Microsoft Corporation by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after acquiring an additional 42,243,011 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Microsoft Corporation by 1.1% in the second quarter. Legal & General Group Plc now owns 37,689,022 shares of the software giant’s stock worth $2,597,786,000 after acquiring an additional 425,485 shares during the last quarter. Hedge funds and other institutional investors own 73.40% of the company’s stock.

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Microsoft Corporation Company Profile

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

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Earnings History and Estimates for Microsoft Corporation (NASDAQ:MSFT)

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