STMicroelectronics (NYSE:STM) Issues Earnings Results, Beats Estimates By $0.02 EPS

STMicroelectronics (NYSE:STM) issued its earnings results on Thursday. The semiconductor producer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02, Zacks reports. STMicroelectronics had a return on equity of 13.29% and a net margin of 16.11%. STMicroelectronics updated its Q1 2025 guidance to EPS.

STMicroelectronics Price Performance

STM stock opened at $22.41 on Friday. The company has a market cap of $20.24 billion, a P/E ratio of 9.22, a PEG ratio of 4.36 and a beta of 1.52. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.16. The firm has a 50-day moving average of $25.29 and a 200 day moving average of $28.14. STMicroelectronics has a 1 year low of $21.96 and a 1 year high of $49.05.

STMicroelectronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Tuesday, March 25th. STMicroelectronics’s payout ratio is 12.76%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on STM shares. Craig Hallum reduced their target price on shares of STMicroelectronics from $42.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. TD Cowen lowered shares of STMicroelectronics from a “buy” rating to a “hold” rating and cut their price target for the company from $32.00 to $25.00 in a research report on Monday, January 13th. Citigroup upgraded STMicroelectronics to a “strong-buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of STMicroelectronics in a research note on Monday, December 9th. Finally, Susquehanna decreased their target price on shares of STMicroelectronics from $33.00 to $28.00 and set a “positive” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $33.40.

About STMicroelectronics

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.