Upcoming Stock Splits (2024)

FAQs

What stock splits are coming up? ›

If you buy and hold Sony shares, you'll eventually end up with stock in a business you may have no interest in owning. That business is Sony's financial services division. The conglomerate is planning to execute a partial spinoff of this segment, officially known as Sony Financial Group, Inc. (SFGI), in October 2025.

Each holder of Cintas shares as of the close of the market on September 11, 2024 will receive three additional shares, to be distributed as of the close of the market on September 11, 2024. Cintas shares will trade on a post-split basis at the market open on Thursday, September 12, 2024.

It doesn't matter if you own a stock before or after a split because the value won't change. A stock split is purely a mathematical decision that does not reflect the valuation of a company. If a company is going to perform well, it will before or after a split. If it won't, then it won't even after a split.

Chipotle took the title of one of the biggest stock splits in history, with investors getting 50 shares for every one they owned.

13, 2024.

The average price target represents 12.94% Increase from the current price of $95.63. Sony Group's analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.

Where will MSFT stock be in 5 years? ›

Assuming Microsoft achieves the 12.8 percent earnings growth expected by analysts over the next five years, the stock's EPS would reach roughly $17.70. If the P/E ratio remains at roughly 30 times, the stock would trade at around $530 within five years.

Lowe's Companies stock (symbol: LOW) underwent a total of 5 stock splits. The most recent stock split occurred on July 3rd, 2006.

Often, companies that see a dramatic rise in their stock value consider splitting stock for strategic purposes. Companies may believe that splitting the stock allows more investors to afford investing in the stock at a lower price. Companies want to create greater liquidity in the shares and support the price.

Stock splits come in multiple forms, but the most common are 2-for-1, 3-for-2 or 3-for-1 splits. For example, let's say you owned 10 shares of a stock trading at $100. In a 2-for-1 split, the company would give you two shares with a market-adjusted worth of $50 for every one share you own, leaving you with 20 shares.

Bullish results

The fact that the share price is so high that it must split its stock indicates to investors that the company has been performing well, and its shares must be a good investment. A stock split also often increases the share price after its initial reduction.

In a stock split, a company divides its existing stock into multiple shares to boost liquidity. Companies may also do stock splits to make share prices more attractive. For shareholders, the total dollar value of their investment remains the same because the split doesn't add real value.