International Business Machines (IBM) Projected to Post Quarterly Earnings on Wednesday

International Business Machines (NYSE:IBM - Get Free Report) will likely be announcing its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.43 per share and revenue of $14.41 billion for the quarter. International Business Machines has set its FY 2025 guidance at EPS.Parties that are interested in registering for the company's conference call can do so using this link.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, January 29th. The technology company reported $3.92 EPS for the quarter, topping the consensus estimate of $3.77 by $0.15. International Business Machines had a net margin of 9.60% and a return on equity of 38.99%. On average, analysts expect International Business Machines to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

International Business Machines Trading Down 0.1 %

Shares of International Business Machines stock traded down $0.12 during trading hours on Friday, reaching $238.45. 4,626,569 shares of the company's stock were exchanged, compared to its average volume of 4,232,328. International Business Machines has a 52-week low of $162.62 and a 52-week high of $266.45. The company has a fifty day moving average of $247.61 and a 200-day moving average of $233.58. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of $221.10 billion, a price-to-earnings ratio of 37.20, a price-to-earnings-growth ratio of 5.81 and a beta of 0.67.

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were given a dividend of $1.67 per share. The ex-dividend date was Monday, February 10th. This represents a $6.68 annualized dividend and a yield of 2.80%. International Business Machines's dividend payout ratio (DPR) is presently 104.21%.

Analysts Set New Price Targets

IBM has been the subject of a number of research analyst reports. Oppenheimer initiated coverage on shares of International Business Machines in a research note on Tuesday, February 11th. They set an "outperform" rating and a $320.00 price objective for the company. Sanford C. Bernstein increased their price target on shares of International Business Machines from $210.00 to $215.00 and gave the stock a "market perform" rating in a research note on Friday, January 3rd. Bank of America boosted their price objective on shares of International Business Machines from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. UBS Group increased their target price on International Business Machines from $150.00 to $160.00 and gave the stock a "sell" rating in a research report on Tuesday, January 14th. Finally, BMO Capital Markets boosted their price target on International Business Machines from $260.00 to $280.00 and gave the company a "market perform" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, International Business Machines has a consensus rating of "Hold" and a consensus price target of $232.75.

Insider Buying and Selling at International Business Machines

In other news, SVP Robert David Thomas sold 26,543 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $253.01, for a total value of $6,715,644.43. Following the completion of the sale, the senior vice president now directly owns 45,007 shares of the company's stock, valued at approximately $11,387,221.07. This represents a 37.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.18% of the stock is owned by company insiders.

Institutional Investors Weigh In On International Business Machines

A hedge fund recently raised its stake in International Business Machines stock. Brighton Jones LLC raised its holdings in International Business Machines Co. (NYSE:IBM - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,011 shares of the technology company's stock after purchasing an additional 2,323 shares during the quarter. Brighton Jones LLC's holdings in International Business Machines were worth $4,619,000 as of its most recent SEC filing. 58.96% of the stock is owned by hedge funds and other institutional investors.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.