Based on 11 Wall Street analysts offering 12 month price targets for VMware in the last 3 months. The average price target is $138.35 with a high forecast of $149.00 and a low forecast of $105.00 The average price target represents a 21.38% change from the last price of $113.98.
Does VMware stock pay dividends?
Vmware (NYSE: VMW) does not pay a dividend.
Is VMware a good stock to buy?
VMware has received a consensus rating of Hold The company’s average rating score is 2.48, and is based on 10 buy ratings, 11 hold ratings, and no sell ratings.
Why is VMware share going down?
VMware Inc. shares declined after the company gave forecasts for sales and profit in the current quarter that fell short of analysts’ projections Earnings, excluding some items, will be $1.56 a share on revenue of $3.19 billion in the three months ending in April, the company said Thursday in a statement.
What is the outlook for VMware?
The 14 analysts offering 12-month price forecasts for VMware Inc have a median target of 142.50, with a high estimate of 149.00 and a low estimate of 120.00 The median estimate represents a +25.08% increase from the last price of 113.93.
Does VMware own Dell?
Dell Technologies will shed its 81 percent stake in publicly traded VMware , creating an independent software company with a stock market value of nearly $64 billion. Dell’s remaining hardware operations have an implied value of $33 billion, based on its latest share price.
Will Dell spin off VMware?
– Nov. 1, 2021 – VMware (NYSE: VMW) and Dell Technologies today announced the completion of the spin-off of VMware from Dell Technologies.
How much is VMware dividend?
VMware that VMware shares will begin trading without the right to receive the dividend payment and the VMware per share stock price will be adjusted down by the per share dividend amount ($ 27.40 per share ).
Is the VMware dividend taxable?
VMware currently estimates that, for federal tax purposes, 60.39% of the Special Dividend will be treated as a taxable dividend , with the other 39.61% of the Special Dividend being first treated as a return on capital to stockholders to the extent of their basis in VMware common stock, and then as capital gain.
Is VMware a sell?
Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion , based on the closing price of Broadcom common stock on May 25, 2022, the companies announced Thursday.
Is VMware a profitable company?
Likewise, VMware sees non-GAAP profits of $1.56 a share , below the previous consensus at $1.64 a share. For the full fiscal year ending January 2023, VMware expects $4.2 billion in cash flow from operations, and $3.75 billion in free cash flow.
How many products does VMware have?
VMware’s storage and availability products are composed of two primary offerings : VMware vSAN (previously called VMware Virtual SAN) is software-defined storage that is embedded in VMware’s ESXi hypervisor.
How much cash does VMware have?
VMware cash on hand for 2021 was $4.715B , a 61.75% increase from 2020. VMware cash on hand for 2020 was $2.915B, a 17.91% decline from 2019.
Does Dell pay a dividend?
How much is Dell Technologies’s dividend? DELL pays a dividend of $0.33 per share DELL’s annual dividend yield is 0.77%.
Is VMware still relevant?
“Today, VMware can be used for several different solutions such as cloud, edge, security, end-user computing, SDN, microsegmentation, modern application development, container management, automation, sofware-defined data center (SDDC), cloud management, SDS (storage) and, where it all started, with software-defined.
Does Cisco own VMware?
30, 2017. In the last quarter of 2017, Cisco sold another million shares, bringing the ownership stake down to 2.5 million VMware shares The latest sale drops Cisco to VMware’s 10th largest shareholder from sixth, according to S&P Capital IQ.
Who is buying VMware?
One of the biggest ever tech acquisitions is about to go down, and it involves two companies you may have never even heard of. Microchip heavyweight Broadcom is set to acquire cloud computing company VMWare, in a deal worth $61 billion in cash and stock.
Why did Dell sell VMware?
Round Rock, Texas-based Dell will sell off its 81 percent majority stake in VMware in a move to improve its capital structure and attract new investors as its Client Solutions Group—which includes PCs, laptops, monitors and notebooks—is hotter than it’s ever been in the company’s long history.
Why did Dell split VMware?
VMware says the separation from Dell will provide it with the ability to better execute its multi-cloud strategy, deliver a simplified capital structure and governance model, and gain operational and financial flexibility.
What will happen to VMware?
Following the close of the cash-and-stock transaction, the Broadcom software group will rebrand and operate as VMware , incorporating Broadcom’s existing infrastructure and security software solutions. Broadcom also said it will assume $8 billion of VMware’s debt.
What will happen to DELL stock after VMware spin-off?
Each share of VMware Class B Common Stock was converted into one share of VMware Class A Common Stock in connection with the distribution and prior to the receipt by Dell’s stockholders of such shares. Dell stockholders will receive cash in lieu of any fractional shares of VMware Class A Common Stock.
What do DELL shareholders get from VMware spin-off?
Class A common stock and Class B common stock to Dell Technologies stockholders is 0.440626. Accordingly, Dell Technologies stockholders will receive 0.440626 of a share of VMware Class A common stock for each share of Dell Technologies common stock held as of 5:00 p.m. ET on October 29, 2021.
Should I buy Dell Technologies stock?
There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Dell Technologies stock.
When did Dell buy VMware?
When Michael Dell bought VMware Inc. in 2015 , his eponymous technology company was facing an identity crisis. Dell himself knew that the business he founded had become much more than a personal computer maker, but many investors and customers still associated the brand with PC hardware.
When did EMC buy VMware?
Hopkinton, – Friday, January 9, 2004 Under the terms of the definitive agreement announced on December 15, 2003 , EMC acquired VMware in a cash transaction with a final value of approximately $625 million.
Sources
https://docs.vmware.com/en/VMware-vSphere/7.0/com.vmware.vsphere.resmgmt.doc/GUID-C0D2EFAE-1FE4-4867-AC3F-3E70D9A9ED59.html
https://www.wallstreetzen.com/stocks/us/nyse/vmw/dividends
https://markets.businessinsider.com/stocks/vmw-stock
https://finance.yahoo.com/quote/VMW/
