Analysts expect over 2020 decreasing revenue NetApp, high dividend yield

Tomorrow NetApp will publish it's past quarters results. For this year NetApp's revenue will be around 5,12 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2019's revenue of 5,41 billion USD.

Historical revenues and results NetApp plus estimates 2020

The analysts expect for 2020 a net profit of 726 million USD. According to most of the analysts the company will have a profit per share for this book year of 3,27 USD. So the price/earnings-ratio equals 12,94.

Huge dividend NetApp

For this year the analysts expect a dividend of 1,93 USD per share. Thus the dividend yield equals 4,56 percent. The average dividend yield of the hardware & equipment companies is a low 0,27 percent.

NetApp's market capitalization is based on the number of outstanding shares around 10,15 billion USD. The NetApp stock was the past 12 months quite unstable. Since last August the stock is 5 percent lower. This year the stock price moved between 35 and 65 dollar.

Historical stock prices NetApp past 10 years

Click here for dividend NetApp. On Monday the stock closed at 42,3 USD.

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