STMicroelectronics Forecasted to Post Q1 2025 Earnings of $0.69 Per Share (NYSE:STM)

STMicroelectronics (NYSE:STM) – Equities research analysts at William Blair reduced their Q1 2025 earnings estimates for shares of STMicroelectronics in a report released on Friday, April 26th. William Blair analyst J. Dorsheimer now forecasts that the semiconductor producer will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.83. William Blair has a “Market Perform” rating on the stock. The consensus estimate for STMicroelectronics’ current full-year earnings is $2.74 per share.

STMicroelectronics (NYSE:STM) last announced its quarterly earnings data on Thursday, April 25th. The semiconductor producer reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). STMicroelectronics had a return on equity of 22.95% and a net margin of 22.30%. The company had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter in the prior year, the company earned $1.10 EPS. The company’s revenue for the quarter was down 18.4% on a year-over-year basis.

Several other brokerages also recently issued reports on STM. Susquehanna reiterated a “positive” rating and issued a $55.00 target price on shares of STMicroelectronics in a research note on Monday, April 8th. Craig Hallum reduced their target price on STMicroelectronics from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, January 25th. HSBC initiated coverage on STMicroelectronics in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. StockNews.com downgraded STMicroelectronics from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Finally, Berenberg Bank upgraded shares of STMicroelectronics from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $50.75.

STMicroelectronics Stock Performance

Shares of STM stock opened at $39.56 on Monday. The company has a fifty day moving average price of $43.67 and a two-hundred day moving average price of $44.53. STMicroelectronics has a one year low of $37.21 and a one year high of $55.85. The stock has a market cap of $35.71 billion, a P/E ratio of 10.14, a P/E/G ratio of 3.01 and a beta of 1.69. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.34 and a quick ratio of 2.58.

Institutional Trading of STMicroelectronics

Several hedge funds and other institutional investors have recently bought and sold shares of STM. Thomas J. Herzfeld Advisors Inc. raised its holdings in STMicroelectronics by 548.4% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 590 shares of the semiconductor producer’s stock valued at $25,000 after acquiring an additional 499 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of STMicroelectronics during the 1st quarter worth $28,000. Huntington National Bank increased its position in shares of STMicroelectronics by 112.7% in the third quarter. Huntington National Bank now owns 689 shares of the semiconductor producer’s stock worth $30,000 after purchasing an additional 365 shares during the period. Headlands Technologies LLC acquired a new position in STMicroelectronics in the third quarter valued at about $30,000. Finally, Spire Wealth Management lifted its position in STMicroelectronics by 125.0% during the third quarter. Spire Wealth Management now owns 720 shares of the semiconductor producer’s stock worth $31,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 5.05% of the company’s stock.

STMicroelectronics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th will be given a dividend of $0.09 per share. This is a boost from STMicroelectronics’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.91%. STMicroelectronics’s dividend payout ratio (DPR) is presently 5.13%.

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.