Skyworks Solutions, Inc. (SWKS) To Go Ex-Dividend on May 26th

Skyworks Solutions, Inc. (NASDAQ:SWKS) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.71 per share by the semiconductor manufacturer on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Skyworks Solutions has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 11 years. Skyworks Solutions has a payout ratio of 67.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Skyworks Solutions to earn $3.49 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 81.4%.

Skyworks Solutions Price Performance

SWKS stock opened at $64.96 on Thursday. The company has a market capitalization of $9.77 billion, a P/E ratio of 26.95 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. Skyworks Solutions has a 52-week low of $51.93 and a 52-week high of $90.90. The business has a 50-day simple moving average of $57.70 and a two-hundred day simple moving average of $62.50.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. Skyworks Solutions had a return on equity of 11.54% and a net margin of 8.93%.The company’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Research analysts expect that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Craig Hallum cut their price target on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. B. Riley Financial lifted their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday. KeyCorp boosted their target price on Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday. UBS Group boosted their target price on Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Weiss Ratings downgraded Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Skyworks Solutions has a consensus rating of “Hold” and an average price target of $75.78.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.