STMicroelectronics (NYSE:STM) Releases Earnings Results, Beats Expectations By $0.02 EPS

STMicroelectronics (NYSE:STM) issued its quarterly earnings results on Thursday. The semiconductor producer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates 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

STMicroelectronics stock traded down $2.29 during midday trading on Thursday, hitting $22.46. 7,988,430 shares of the company’s stock were exchanged, compared to its average volume of 6,321,085. The stock has a 50-day moving average price of $25.37 and a two-hundred day moving average price of $28.32. STMicroelectronics has a 52-week low of $21.96 and a 52-week high of $49.05. The company has a market cap of $20.29 billion, a P/E ratio of 9.25, a PEG ratio of 4.48 and a beta of 1.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.16 and a current ratio of 2.84.

STMicroelectronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.60%. STMicroelectronics’s dividend payout ratio (DPR) is currently 12.76%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Citigroup upgraded STMicroelectronics to a “strong-buy” rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of STMicroelectronics in a research note on Monday, December 9th. TD Cowen downgraded STMicroelectronics from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $32.00 to $25.00 in a research note on Monday, January 13th. Morgan Stanley downgraded STMicroelectronics from an “equal weight” rating to an “underweight” rating in a research report on Monday, November 4th. Finally, Barclays downgraded STMicroelectronics from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, STMicroelectronics has an average rating of “Hold” and an average target price of $34.11.

STMicroelectronics Company Profile

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.