Microsoft (NASDAQ:MSFT) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 24th. Analysts expect the company to announce earnings of $0.96 per share for the quarter.

Microsoft stock opened at $109.63 on Tuesday. The company has a quick ratio of 2.86, a current ratio of 2.90 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $836.66 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 2.07 and a beta of 1.28. Microsoft has a 12 month low of $78.01 and a 12 month high of $116.18.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders of record on Thursday, November 15th will be issued a $0.46 dividend. This is a boost from Microsoft’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, November 14th. This represents a $1.84 annualized dividend and a yield of 1.68%. Microsoft’s dividend payout ratio is 43.30%.

In related news, CEO Satya Nadella sold 328,000 shares of the stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $109.44, for a total transaction of $35,896,320.00. Following the sale, the chief executive officer now directly owns 778,596 shares in the company, valued at approximately $85,209,546.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 40,000 shares of the stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $111.31, for a total value of $4,452,400.00. Following the sale, the executive vice president now owns 339,972 shares in the company, valued at $37,842,283.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 650,042 shares of company stock worth $71,264,850. 1.38% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Global X Management Co LLC grew its position in Microsoft by 40.3% during the 2nd quarter. Global X Management Co LLC now owns 88,045 shares of the software giant’s stock worth $8,682,000 after acquiring an additional 25,281 shares during the last quarter. South Street Advisors LLC lifted its holdings in Microsoft by 27.7% during the 2nd quarter. South Street Advisors LLC now owns 16,210 shares of the software giant’s stock worth $1,598,000 after buying an additional 3,520 shares in the last quarter. Verition Fund Management LLC lifted its holdings in Microsoft by 36.2% during the 2nd quarter. Verition Fund Management LLC now owns 36,362 shares of the software giant’s stock worth $3,586,000 after buying an additional 9,661 shares in the last quarter. Vista Investment Management lifted its holdings in Microsoft by 11.7% during the 2nd quarter. Vista Investment Management now owns 7,175 shares of the software giant’s stock worth $708,000 after buying an additional 754 shares in the last quarter. Finally, Signature Financial Management Inc. lifted its holdings in Microsoft by 19.0% during the 2nd quarter. Signature Financial Management Inc. now owns 103,189 shares of the software giant’s stock worth $10,177,000 after buying an additional 16,482 shares in the last quarter. Institutional investors and hedge funds own 71.91% of the company’s stock.

Several research firms have recently weighed in on MSFT. Royal Bank of Canada reiterated a “$104.40” rating and issued a $115.00 price objective on shares of Microsoft in a research note on Thursday, July 19th. Deutsche Bank reiterated a “$105.12” rating on shares of Microsoft in a research note on Wednesday, July 18th. Credit Suisse Group reiterated a “$105.12” rating and issued a $115.00 price objective on shares of Microsoft in a research note on Wednesday, July 18th. Argus upped their price objective on Microsoft from $116.00 to $128.00 and gave the company a “$107.97” rating in a research note on Monday, July 23rd. Finally, KeyCorp reiterated a “buy” rating and issued a $110.00 price objective on shares of Microsoft in a research note on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $121.59.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Earnings History for Microsoft (NASDAQ:MSFT)

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