Xperi Corp (NASDAQ:XPER) declared a quarterly dividend on Friday, May 10th, Wall Street Journal reports. Shareholders of record on Wednesday, May 29th will be given a dividend of 0.20 per share by the semiconductor company on Wednesday, June 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Tuesday, May 28th.
XPER stock opened at $21.81 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 8.46 and a current ratio of 8.46. Xperi has a 12-month low of $12.08 and a 12-month high of $25.84. The stock has a market capitalization of $1.07 billion, a P/E ratio of 8.79 and a beta of 0.26.
A number of brokerages have issued reports on XPER. Zacks Investment Research lowered Xperi from a “strong-buy” rating to a “hold” rating and set a $24.00 target price on the stock. in a research report on Saturday, February 16th. National Securities reiterated a “buy” rating and set a $36.00 target price on shares of Xperi in a research note on Thursday, May 9th. BidaskClub raised shares of Xperi from a “strong sell” rating to a “sell” rating in a report on Thursday, February 7th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Xperi in a report on Monday, May 13th. Finally, Craig Hallum raised their target price on shares of Xperi from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, February 21st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $29.60.
Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.
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