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 paid 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 dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Skyworks Solutions has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 11 consecutive years. Skyworks Solutions has a payout ratio of 67.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Skyworks Solutions to earn $3.54 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 80.2%.

Skyworks Solutions Stock Up 12.1%

Shares of SWKS opened at $82.42 on Friday. The firm has a market cap of $12.40 billion, a PE ratio of 34.20 and a beta of 1.48. The company’s fifty day moving average is $60.78 and its two-hundred day moving average is $62.06. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. Skyworks Solutions’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the business earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts forecast that Skyworks Solutions will post 3.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SWKS. UBS Group lifted their price target on shares of Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Royal Bank Of Canada lifted their price target on shares of Skyworks Solutions from $65.00 to $72.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Argus upgraded shares of Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. Stifel Nicolaus lifted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Finally, Citigroup lifted their price target on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $76.61.

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.