Wall Street analysts forecast that Microsoft Co. (NASDAQ:MSFT) will announce earnings of $1.21 per share for the current quarter, according to Zacks Investment Research. Twelve analysts have provided estimates for Microsoft’s earnings. The highest EPS estimate is $1.25 and the lowest is $1.18. Microsoft reported earnings per share of $1.13 during the same quarter last year, which would suggest a positive year over year growth rate of 7.1%. The firm is scheduled to report its next earnings report on Thursday, July 18th.

According to Zacks, analysts expect that Microsoft will report full-year earnings of $4.58 per share for the current year, with EPS estimates ranging from $4.50 to $4.62. For the next financial year, analysts forecast that the firm will post earnings of $5.09 per share, with EPS estimates ranging from $4.89 to $5.29. Zacks’ EPS averages are an average based on a survey of analysts that cover Microsoft.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The company had revenue of $30.57 billion during the quarter, compared to analysts’ expectations of $29.86 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The business’s revenue was up 14.0% on a year-over-year basis.

A number of equities research analysts have recently weighed in on the stock. Credit Suisse Group reiterated a “buy” rating and issued a $145.00 price target on shares of Microsoft in a research report on Monday, May 6th. Argus lifted their price target on shares of Microsoft to $145.00 and gave the company a “buy” rating in a research report on Monday, April 29th. Oppenheimer lifted their price target on shares of Microsoft from $127.00 to $145.00 and gave the company an “outperform” rating in a research report on Thursday, April 25th. Raymond James lifted their price target on shares of Microsoft from $142.00 to $149.00 and gave the company a “strong-buy” rating in a research report on Thursday, April 25th. Finally, Nomura lifted their price target on shares of Microsoft from $124.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-six have assigned a buy rating and three have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $135.14.

Shares of NASDAQ:MSFT traded up $1.29 during trading on Wednesday, reaching $126.02. 21,818,906 shares of the stock were exchanged, compared to its average volume of 27,046,678. Microsoft has a 12 month low of $93.96 and a 12 month high of $131.37. The stock has a market cap of $955.16 billion, a PE ratio of 32.48, a P/E/G ratio of 2.17 and a beta of 1.24. The company has a quick ratio of 2.93, a current ratio of 2.97 and a debt-to-equity ratio of 0.70.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.46 per share. The ex-dividend date is Wednesday, May 15th. This represents a $1.84 annualized dividend and a yield of 1.46%. Microsoft’s dividend payout ratio is currently 47.42%.

In other Microsoft news, CEO Satya Nadella sold 15,334 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $112.31, for a total transaction of $1,722,161.54. Following the completion of the transaction, the chief executive officer now directly owns 1,104,932 shares in the company, valued at $124,094,912.92. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jean Philippe Courtois sold 28,147 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $108.14, for a total transaction of $3,043,816.58. Following the transaction, the insider now owns 497,162 shares of the company’s stock, valued at $53,763,098.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 266,501 shares of company stock valued at $33,384,037. Company insiders own 1.38% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in MSFT. Oregon Public Employees Retirement Fund raised its position in Microsoft by 9,587.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 169,992,326 shares of the software giant’s stock valued at $1,674,000 after purchasing an additional 168,237,479 shares in the last quarter. Norges Bank bought a new stake in shares of Microsoft during the fourth quarter worth $7,728,792,000. Lunia Capital LP grew its stake in shares of Microsoft by 9,650.2% during the fourth quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock worth $17,037,000 after buying an additional 16,861,809 shares during the last quarter. FMR LLC grew its stake in shares of Microsoft by 5.2% during the fourth quarter. FMR LLC now owns 254,905,697 shares of the software giant’s stock worth $25,890,773,000 after buying an additional 12,660,256 shares during the last quarter. Finally, Vanguard Group Inc grew its stake in shares of Microsoft by 1.6% during the third quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock worth $66,091,902,000 after buying an additional 8,820,439 shares during the last quarter. Institutional investors and hedge funds own 73.14% of the company’s stock.

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, 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 and Estimates for Microsoft (NASDAQ:MSFT)

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