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IBM's stock quote history is a fascinating story that spans over a century. The company was founded in 1911 by Charles Ranlett Flint, and its stock was first listed on the New York Stock Exchange in 1912.
IBM's stock price has seen its fair share of ups and downs over the years. In the 1950s, IBM's stock price skyrocketed due to the company's innovative mainframe computers. The stock price reached an all-time high of $729.41 in 1968.
IBM's stock price continued to fluctuate throughout the 1970s and 1980s. The company faced significant competition from other tech giants, leading to a decline in its stock price. However, IBM's strategic acquisitions and partnerships helped the company recover and stay competitive.
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Financial Performance
IBM's financial performance has been impressive in recent years. In 2023, the company's revenue reached $61.86 billion, a 2.20% increase from the previous year's $60.53 billion.
The company's earnings have also seen a significant jump, with a 357.72% increase to $7.50 billion in 2023.
IBM's share price has been on a steady rise, with a 1-year change of 19.77% and a 3-year change of 67.80%. It's currently trading at $224.13, with a 52-week high of $239.35 and a low of $162.62.
Here's a breakdown of IBM's growth rates over the past 3 years:
IBM is expected to continue growing, with a future 3-5Y EPS without NRI growth rate estimate of 5.06% and a future 3-5Y total revenue growth rate estimate of 3.4%.
Dividend Information
IBM's dividend history is a tale of steady growth and stability. The company has consistently paid a regular quarterly cash dividend since 2024, with the most recent payout being $1.67 per common share.
In 2024, IBM's dividend growth rate was 0.6% over the past three years. This is a relatively modest growth rate, but it's a testament to the company's commitment to returning value to its shareholders.
IBM's dividend yield has been steadily increasing over the years, currently standing at 2.98%. This means that for every dollar invested in IBM stock, investors can expect to earn around 2.98 cents in dividend payments per year.
Here's a breakdown of IBM's dividend payout history:
As you can see, IBM's dividend payout has remained relatively stable over the past few years, with a slight increase in 2024. It's worth noting that the company has a history of paying out dividends on a quarterly basis, with the next payout date expected to be in March 2025.
IBM's dividend payout ratio is a healthy 0.65, indicating that the company is using a significant portion of its earnings to return value to shareholders. This is a positive sign for investors looking for a stable source of income from their stock holdings.
Investor Insights
IBM's stock price has fluctuated significantly over the years, with a high of $268 in 1999 and a low of $88 in 2001.
IBM's decision to acquire Lotus Software in 1995 marked a significant shift in its business strategy, expanding its presence in the software market.
In 2002, IBM's stock price rebounded to $143, driven by its strategic acquisitions and investments in emerging technologies.
IBM's efforts to expand its cloud computing capabilities have been a key driver of its recent growth, with revenue increasing by 10% in 2019.
IBM's stock price has historically been sensitive to economic downturns, with a decline of 40% during the 2008 financial crisis.
IBM's acquisition of Red Hat in 2019 marked a major milestone in its cloud computing strategy, providing a significant boost to its revenue and market share.
Stock Analysis
IBM's stock has shown a steady revenue growth, with a trailing 12-month revenue of $62,577 million. This is a significant indicator of the company's financial health.
The company's earnings per share (EPS) have also been impressive, with a trailing 12-month EPS of $6.87. This suggests that IBM is generating a substantial amount of profit from its operations.
Here's a snapshot of IBM's key statistics:
Earnings Preview: 7% Free Cash Flow Yield
IBM is scheduled to report their Q4 '24 earnings on Wednesday, January 29th, 2025. Sell-side consensus is expecting $3.75 in earnings per share on $17.45 billion in revenue for an expected y-o-y decline. This is a significant event for investors, as it will provide insight into the company's performance and potential future growth.
The free cash flow yield is a key metric to watch, with a 7% yield indicating a potentially attractive investment opportunity. This is a higher yield than what many investors are seeing in the market today.
IBM's transformation into a hybrid tech company focusing on AI, hybrid cloud, automation, and quantum computing has led to a 36.30% share price increase in 2024. This growth is expected to continue, with a 3-5 year EPS without NRI growth rate estimate of 5.06%.
Here are some key earnings preview metrics to watch:
IBM's strong Q3 results, including $6.1 billion in revenue, indicate a positive trend for the company. This, combined with the 7% free cash flow yield, makes IBM a stock worth considering for investors looking for a potentially undervalued opportunity.
The 12-month stock price forecast is $224.0, which is a decrease of -0.47% from the latest price. This indicates a slight decline in the stock's value over the next year.
IBM has a history of consecutive dividend increases, with 25 years of growth. This is a positive sign for investors, as it indicates a stable and growing dividend payout.
Price Volatility
Price Volatility is a key factor to consider when evaluating a stock. IBM's price movement is relatively stable, with an average weekly movement of 2.9%.
In comparison, the IT industry has seen an average movement of 8.8% and the market average movement is 6.5%. This suggests that IBM's price is less volatile than its industry peers.
Let's put this into perspective - the 10% most volatile stocks in the US market have seen an average movement of 19.2%, while the 10% least volatile stocks have seen an average movement of 3.3%. IBM's 2.9% average weekly movement puts it firmly in the least volatile category.
IBM's price volatility has been stable over the past year, with a weekly volatility of 3% remaining consistent. This stability is a positive sign for investors looking for a reliable stock to hold onto.
Consider reading: Graph Us Stock Market History
Key Statistics
Let's take a closer look at the key statistics that can help us understand the stock's performance. The company's revenue over the past 12 months (TTM) is a whopping $62,577 million.
This is a significant indicator of the company's financial health and growth potential. The earnings per share (EPS) over the same period is $6.87, which is a good sign of the company's profitability.
One way to gauge the stock's volatility is by looking at its beta, which is 0.64. This means that the stock's price tends to move in sync with the overall market, but with a lower level of volatility.
Here are some key statistics to keep in mind:
The 3-year Sharpe Ratio is 0.68, which indicates that the stock has provided a relatively good return for its level of risk. The 3-year Sortino Ratio is 1.15, which suggests that the stock has been able to generate returns while minimizing downside risk.
The stock's volatility is around 26.69%, which is relatively high compared to some other stocks. However, this also means that the stock has the potential for significant gains.
Frequently Asked Questions
What is the highest IBM stock has ever been?
The highest IBM stock price ever recorded was $238.04 on December 06, 2024. This is also the current 52-week high, with a slight variation due to current market fluctuations.
How much was IBM stock in 1978?
IBM stock closed at $4.72 per share on December 29, 1978. This represented a 16% increase from the previous year.
How much was IBM stock in 1962?
IBM stock closed at $1.05 on December 31, 1962. This represented a 32.6% decline from the previous year's closing price.
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