How much stock has IBM bought back? (2024)

How much stock has IBM bought back?

How Much Did IBM Spend on Share Buybacks? From 1995 through 2019 the corporation spent $201 billion buying back its own stock. This is an average of $8 billion per year for 25 years.

What is the prediction for IBM in the next 5 years?

An analysis of the business dynamic and trends currently in place suggests IBM's future looks bright. The analyst community believes IBM's annual top line will swell to just under $78 billion by 2028 versus last year's $61.9 billion. Per-share profits are expected to grow from last year's $8.14 to $13.10 in 2027.

Is IBM a good investment right now?

Again, IBM is a fine dividend stock, and the accelerating revenue growth in 2024 is encouraging. But investors looking for total returns may have missed the big move. Of course, the stock could keep going up, but it's getting hard to like its chances of solid returns.

Is IBM a good stock to buy in 2024?

IBM is reasonably valued even after a share-price rally in 2024's first quarter. Investors should strongly consider buying IBM stock for growth and dividends.

What is the long term outlook for IBM?

IBM's revenue rose 6% in 2022 and 2% in 2023, and analysts expect 3% growth in 2024. Its adjusted EPS grew 15% in 2022 and 5% in 2023, and is expected to rise 5% in 2024. Those growth rates indicate IBM's turnaround strategies are paying off and turning it into a reliable blue-chip tech stock again.

Can IBM make a comeback?

Arvind Krishna, IBM chairman and chief executive, said he expects a revenue growth in the mid-single digits for 2024, as well as generating $12 billion in free cash flow.

Is IBM a buy sell or hold?

IBM stock has received a consensus rating of buy. The average rating score is A3 and is based on 32 buy ratings, 14 hold ratings, and 0 sell ratings.

Is IBM a safe stock to buy?

The AI market is expected to reach $305.9 billion this year, up from $241.8 billion in 2023, and is forecasted to grow to $738.8 billion by 2030. This serves as a multiyear tailwind for Big Blue. All of these factors combine to make IBM stock an attractive long-term investment.

What is the highest price of IBM stock ever?

The all-time high IBM stock closing price was 197.78 on March 12, 2024. The IBM 52-week high stock price is 199.18, which is 7.1% above the current share price. The IBM 52-week low stock price is 120.55, which is 35.2% below the current share price. The average IBM stock price for the last 52 weeks is 153.07.

Is IBM a good retirement stock?

An American multinational tech company, International Business Machines Corporation (NYSE:IBM) is next on our list of safe dividend stocks to consider for a retirement stock portfolio. The company's current quarterly dividend comes in at $1.66 per share for a dividend yield of 4.28%, as of November 27.

Is IBM a long term buy?

The AI market is expected to reach $305.9 billion this year, up from $241.8 billion in 2023, and is forecasted to grow to $738.8 billion by 2030. This serves as a multiyear tailwind for Big Blue. All of these factors combine to make IBM stock an attractive long-term investment.

What stock will boom in 2024?

Is IBM going to split?

Yes, business titans like Bank of America and IBM just split their stocks -- and you probably missed it. Here's what's going on, and what investors can learn from this international crisis. I subscribe to a plethora of stock market information services.

Is IBM financially stable?

Companies with rank of 3 or less are likely in financial distress. International Business Machines has the Financial Strength Rank of 5.

Is IBM financially sound?

Thanks in part to this prioritization of AI, IBM delivered strong financial performance in 2023. Big Blue ended the fourth quarter with revenue up 4% over 2022, reaching $17.4 billion, as all segments of its business experienced year-over-year sales gains. This propelled IBM to $61.9 billion in full-year revenue.

Why is IBM stock so high?

NEW YORK, Jan 25 (Reuters) - IBM (IBM. N) , opens new tab shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its artificial intelligence (AI) services.

Is IBM dividend safe?

True, as a member of the S&P 500 Dividend Aristocrats, IBM is a top-notch name for dependable dividend growth. Not only has the company paid consecutive quarterly dividends since 1916, it has increased its payout annually for 28 years and counting.

How high will IBM go?

According to the latest long-term forecast, IBM price will hit $200 by the end of 2024 and then $250 by the end of 2025. IBM will rise to $300 within the year of 2027, $350 in 2029, $400 in 2031 and $450 in 2034.

Could IBM be the next Microsoft?

IBM could stabilize its aging business with single-digit revenue growth over the next few years, but it shouldn't be seriously compared to Microsoft until it fires up a few more growth engines.

What is the forecast for IBM in 2024?

Main takeaways: IBM Stock Forecast 2024-2030

Current Price for 13.04. 2024 is $182.21. 2024 Forecast: Price Range: Slightly bullish trend, with Gov Capital predicting around $255.89 by year-end.

Is AMZN a buy right now?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts. Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.

How often does IBM pay dividends?

International Business Machines Corporation ( IBM ) pays dividends on a quarterly basis. International Business Machines Corporation ( IBM ) has increased its dividends for 29 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Who owns the most IBM stock?

Vanguard owns the most shares of International Business Machines (IBM). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

How much would I have if I invested $1000 in Microsoft in 1986?

Had you invested $1,000 in Microsoft at its IPO, you would have acquired 47 shares at $21 per share. Adjusting for the stock splits, you'd actually have 13,536 shares today with a cost basis of $0.0729 per share. Given Microsoft now trades at $238.73 per share, that translates to a return of 327,401%.

What is the most secure stock to buy?

Dividend stocks are considered safer than high-growth stocks, because they pay cash dividends, helping to limit their volatility but not eliminating it. So dividend stocks will fluctuate with the market but may not fall as far when the market is depressed.