Micron Technology, Inc. Share Price and Company Fundamentals
Last traded: Yesterday at 8:00 PM
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Key Metrics
PE ratio
10.05
PB ratio
3.16
Dividend yield
0.36%
Beta
1.28
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Semiconductors / Technology |
|---|---|
| Full time employees | 43000 |
| Website | https://www.micron.com |
| Mailing address | 8000 South Federal Way Boise ID 83716-9632 United States |
| Phone / Fax | 208 368 4000 / 208 368 4617 |
Dividends
Dividend yield
0.36%
Dividend amount
$0.46
Payout ratio
31.56%
5Y Avg. yield
0.33%
Micron Technology, Inc. paid $0.46 dividend and the ex-dividend date was 28 Mar 2024.The dividend payout ratio is 31.56%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MU dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
MU's forward dividend amount is $0.46 and the forward dividend yield is 0.37%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Micron Technology, Inc..
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Sanjay Mehrotra | CEO, President & Director | 64 | 1.53M |
| Mr. Mark J. Murphy | Executive VP & CFO | 55 | 654.11k |
| Mr. Manish H. Bhatia | Executive Vice President of Global Operations | 51 | 684.14k |
| Dr. Scott J. DeBoer | Executive Vice President of Technology & Products | 57 | 589.4k |
| Mr. Sumit Sadana | Executive VP & Chief Business Officer | 54 | 731.51k |
| Mr. Scott R. Allen | Corporate VP & Chief Accounting Officer | 55 | |
| Mr. Anand Bahl | Corp. VP & Chief Information Officer | ||
| Mr. Satya Kumar | Corporate VP of Investor Relations & Treasurer | ||
| Mr. Michael Charles Ray Ph.D. | Senior VP, Chief Legal Officer & Corporate Secretary | 55 | |
| Ms. Courtney C. Geduldig J.D. | Corporate Vice President of Public Affairs | 47 |
Profitability and management effectiveness
Profit margin
-20.57%
Operating margin
3.28%
Return on assets
-3.77%
Return on equity
-8.27%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Micron Technology, Inc. is and its enterprise value is .
The MU's stocks Beta value is 1.28 making it 28% more volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Micron Technology, Inc. (NASDAQ:MU) Frequently Asked Questions
1. What is Micron Technology, Inc.'s Stock Symbol?
Micron Technology, Inc. trades on NASDAQ under the ticker symbol "MU".
2. What is Micron Technology, Inc.'s stock price today?
One share of MU stock can currently be purchased for approximately $125.29.
3. How can I contact Micron Technology, Inc.?
Micron Technology, Inc.'s mailing address is 8000 South Federal Way Boise ID 83716-9632 United States. The company can be reached via phone at 208 368 4000.
4. What is Micron Technology, Inc.'s official website?
The official website of Micron Technology, Inc. is https://www.micron.com.