After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
DLB belongs to the Industrials sector of the NYSE while operating in the Specialty Business Services industry. The current market capitalization of Dolby Laboratories Inc is $7.52B. A total of 0.75 million shares were traded on the day, compared to an average of 416.50K shares.
In the most recent transaction, SHERMAN MARK ANDREW sold 12,338 shares of DLB for 78.08 per share on Dec 17 ’24. After the transaction, the EVP, Gen. Counsel & Secretary now owns 62,397 company shares. In a previous transaction on Dec 17 ’24, MARK A SHERMAN bought 12,338 shares at 78.08 per share.
Among the insiders who sold shares, YEAMAN KEVIN J disposed of 50,000 shares on Nov 25 ’24 at a per-share price of $80.54. This resulted in the President and CEO holding 83,721 shares of DLB after the transaction. In another insider transaction, YEAMAN KEVIN J sold 7,888 shares at $80.19 per share on Nov 26 ’24. Company shares held by the President and CEO now total 83,721.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Dolby Laboratories Inc pays an annual dividend of $1.23, resulting in a dividend yield of 1.56%, and it has a price to earnings (P/E) ratio of 29.13. DLB’s most recent ex-dividend date was 1.6% when it declared a $0.33 quarterly dividend that was paid in cash on 12/3/2024. Previously, the company paid the dividend on 8/19/2024 with an ex-dividend date of 1.8%. The DLB stock dividend was $0.30 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, DLB has a high of $86.37 and a low of $66.35.
As of this writing, DLB has an earnings estimate of $1.05 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $1.11 per share and a lower estimate of $1.01.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. DLB’s latest balance sheet shows that the firm has $1.26B in Cash & Short Term Investments as of fiscal 2021. There were $72.12M in debt and $315.72M in liabilities at the time. Its Book Value Per Share was $25.97, while its Total Shareholder’s Equity was $2.60B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DLB is Buy with a score of 5.00.