Micron Technology Inc. (NASDAQ:MU) has a beta value of 1.28 and has seen 14.42 million shares traded in the last trading session. The company, currently valued at $126.64B, closed the last trade at $114.36 per share which meant it lost -$0.48 on the day or -0.42% during that session. The MU stock price is -14.15% off its 52-week high price of $130.54 and 47.93% above the 52-week low of $59.55. The 3-month trading volume is 22.35 million shares.

Micron Technology Inc. (NASDAQ:MU) trade information

Sporting -0.42% in the red in last session, the stock has traded in the green over the last five days, when the MU stock price touched $114.36 or saw a rise of 0.61%. Year-to-date, Micron Technology Inc. shares have moved 34.01%, while the 5-day performance has seen it change 4.80%. Over the past 30 days, the shares of Micron Technology Inc. (NASDAQ:MU) have changed -2.99%.

Micron Technology Inc. (MU) estimates and forecasts

The company’s shares have gained 77.22% over the past 6 months, with this year growth rate of 117.98%. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 130.80% and 178.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 47.40%.

24 analysts offering their estimates for the company have set an average revenue estimate of $6.19 billion for the current quarter. 24 have an estimated revenue figure of $6.95 billion for the next quarter concluding in Aug 2024.

Earnings growth for 2024 is a modest 117.79% while over the next 5 years, the company’s earnings are expected to decrease by -2.62%.

MU Dividends

Micron Technology Inc. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.46 at a share yield of 0.40%. The company’s dividend yield has gone up over the past 12 months.