Loading...

Juniper Networks

NYSE:JNPR
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JNPR
NYSE
$9B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
JNPR Share Price and Events
7 Day Returns
0.6%
NYSE:JNPR
3.5%
US Communications
2.2%
US Market
1 Year Returns
0.4%
NYSE:JNPR
19.1%
US Communications
3.8%
US Market
JNPR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Juniper Networks (JNPR) 0.6% 6.4% 3.3% 0.4% 19.4% 9.6%
US Communications 3.5% 4.3% 3.9% 19.1% 85% 90.1%
US Market 2.2% 4.2% 4.4% 3.8% 43% 40.9%
1 Year Return vs Industry and Market
  • JNPR underperformed the Communications industry which returned 19.1% over the past year.
  • JNPR underperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
JNPR
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Juniper Networks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Juniper Networks to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Juniper Networks.

NYSE:JNPR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 23 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:JNPR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.1 (1 + (1- 21%) (21.7%))
1.193
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.193 * 5.96%)
9.84%

Discounted Cash Flow Calculation for NYSE:JNPR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Juniper Networks is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:JNPR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.84%)
2019 638.87 Analyst x6 581.63
2020 722.49 Analyst x8 598.83
2021 739.33 Analyst x3 557.89
2022 736.00 Analyst x1 505.62
2023 799.00 Analyst x1 499.72
2024 822.44 Est @ 2.93% 468.30
2025 846.07 Est @ 2.87% 438.59
2026 870.01 Est @ 2.83% 410.60
2027 894.37 Est @ 2.8% 384.28
2028 919.22 Est @ 2.78% 359.57
Present value of next 10 years cash flows $4,805.03
NYSE:JNPR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $919.22 × (1 + 2.73%) ÷ (9.84% – 2.73%)
$13,280.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $13,280.11 ÷ (1 + 9.84%)10
$5,194.76
NYSE:JNPR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4,805.03 + $5,194.76
$9,999.79
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9,999.79 / 344.33
$29.04
NYSE:JNPR Discount to Share Price
Calculation Result
Value per share (USD) From above. $29.04
Current discount Discount to share price of $26.81
= -1 x ($26.81 - $29.04) / $29.04
7.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Juniper Networks is available for.
Intrinsic value
8%
Share price is $26.81 vs Future cash flow value of $29.04
Current Discount Checks
For Juniper Networks to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Juniper Networks's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Juniper Networks's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Juniper Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Juniper Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:JNPR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.62
NYSE:JNPR Share Price ** NYSE (2019-06-21) in USD $26.81
United States of America Communications Industry PE Ratio Median Figure of 36 Publicly-Listed Communications Companies 27.86x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Juniper Networks.

NYSE:JNPR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:JNPR Share Price ÷ EPS (both in USD)

= 26.81 ÷ 1.62

16.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juniper Networks is good value based on earnings compared to the US Communications industry average.
  • Juniper Networks is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Juniper Networks's expected growth come at a high price?
Raw Data
NYSE:JNPR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts
13.5%per year
United States of America Communications Industry PEG Ratio Median Figure of 22 Publicly-Listed Communications Companies 1.21x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

NYSE:JNPR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.52x ÷ 13.5%

1.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juniper Networks is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Juniper Networks's assets?
Raw Data
NYSE:JNPR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.78
NYSE:JNPR Share Price * NYSE (2019-06-21) in USD $26.81
United States of America Communications Industry PB Ratio Median Figure of 70 Publicly-Listed Communications Companies 1.89x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.81x
NYSE:JNPR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:JNPR Share Price ÷ Book Value per Share (both in USD)

= 26.81 ÷ 13.78

1.95x

* Primary Listing of Juniper Networks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Juniper Networks is overvalued based on assets compared to the US Communications industry average.
X
Value checks
We assess Juniper Networks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Juniper Networks has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Juniper Networks expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Juniper Networks expected to grow at an attractive rate?
  • Juniper Networks's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Juniper Networks's earnings growth is positive but not above the United States of America market average.
  • Juniper Networks's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:JNPR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:JNPR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 13.5%
NYSE:JNPR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 1.6%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:JNPR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:JNPR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,568 1
2022-12-31 4,568 1
2021-12-31 4,690 862 618 10
2020-12-31 4,613 938 549 23
2019-12-31 4,466 864 437 23
NYSE:JNPR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 4,567 749 564
2018-12-31 4,648 861 567
2018-09-30 4,706 862 227
2018-06-30 4,784 856 169
2018-03-31 4,889 984 232
2017-12-31 5,027 1,259 306
2017-09-30 5,173 1,378 643
2017-06-30 5,201 1,420 650
2017-03-31 5,113 1,481 610
2016-12-31 4,990 1,127 593
2016-09-30 4,924 893 602
2016-06-30 4,887 942 627

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Juniper Networks's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
  • Juniper Networks's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:JNPR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below

All data from Juniper Networks Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:JNPR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.01 2.01 2.01 1.00
2020-12-31 1.65 2.12 1.44 7.00
2019-12-31 1.22 1.29 1.14 6.00
NYSE:JNPR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.62
2018-12-31 1.62
2018-09-30 0.64
2018-06-30 0.46
2018-03-31 0.62
2017-12-31 0.81
2017-09-30 1.69
2017-06-30 1.71
2017-03-31 1.60
2016-12-31 1.55
2016-09-30 1.57
2016-06-30 1.64

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Juniper Networks is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Juniper Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Juniper Networks has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Juniper Networks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Juniper Networks's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Juniper Networks's year on year earnings growth rate has been positive over the past 5 years.
  • Juniper Networks's 1-year earnings growth exceeds its 5-year average (143.1% vs 13.6%)
  • Juniper Networks's earnings growth has exceeded the US Communications industry average in the past year (143.1% vs 14.9%).
Earnings and Revenue History
Juniper Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Juniper Networks Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:JNPR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,566.60 563.60 1,155.40 961.40
2018-12-31 4,647.50 566.90 1,154.10 1,003.20
2018-09-30 4,706.00 226.60 1,149.90 999.90
2018-06-30 4,784.00 168.50 1,160.30 982.50
2018-03-31 4,888.80 231.80 1,163.30 973.90
2017-12-31 5,027.20 306.20 1,162.60 980.70
2017-09-30 5,173.30 643.20 1,188.90 1,015.80
2017-06-30 5,200.80 649.90 1,182.70 1,031.20
2017-03-31 5,113.20 610.10 1,189.50 1,038.90
2016-12-31 4,990.10 592.70 1,186.00 1,013.70
2016-09-30 4,924.10 601.60 1,206.60 997.90
2016-06-30 4,887.40 626.90 1,202.10 993.10
2016-03-31 4,888.30 644.90 1,188.50 996.80
2015-12-31 4,857.80 633.70 1,172.70 994.50
2015-09-30 4,639.80 -333.70 1,140.10 980.80
2015-06-30 4,517.10 -427.80 1,151.90 987.00
2015-03-31 4,524.40 -364.70 1,181.80 990.90
2014-12-31 4,627.10 -334.30 1,254.20 1,006.20
2014-09-30 4,799.10 587.10 1,302.50 1,031.40
2014-06-30 4,858.80 582.60 1,329.20 1,042.80
2014-03-31 4,780.00 459.40 1,327.00 1,045.00
2013-12-31 4,669.10 439.80 1,293.20 1,043.20
2013-09-30 4,536.30 383.70 1,281.00 1,059.60
2013-06-30 4,469.00 301.40 1,260.50 1,083.20
2013-03-31 4,392.10 261.20 1,252.40 1,094.20
2012-12-31 4,365.40 186.50 1,252.30 1,101.60
2012-09-30 4,345.35 186.93 1,229.80 1,076.98
2012-06-30 4,332.84 253.79 1,218.79 1,045.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Juniper Networks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Juniper Networks used its assets more efficiently than the US Communications industry average last year based on Return on Assets.
  • Juniper Networks's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Juniper Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Juniper Networks has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Juniper Networks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Juniper Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Juniper Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Juniper Networks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Juniper Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Juniper Networks Company Filings, last reported 2 months ago.

NYSE:JNPR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 4,851.20 2,003.00 3,394.20
2018-12-31 4,823.20 2,198.70 3,570.00
2018-09-30 4,650.90 2,138.30 3,389.00
2018-06-30 4,417.70 2,137.70 3,122.70
2018-03-31 4,324.70 2,137.00 2,931.90
2017-12-31 4,680.90 2,153.20 3,068.90
2017-09-30 5,158.10 2,135.70 3,285.70
2017-06-30 5,086.20 2,135.00 3,145.20
2017-03-31 5,018.40 2,134.40 2,984.30
2016-12-31 4,962.50 2,133.70 2,585.50
2016-09-30 4,772.50 2,133.10 2,321.70
2016-06-30 4,676.20 2,132.50 2,344.00
2016-03-31 4,638.10 2,131.80 2,245.40
2015-12-31 4,574.40 1,937.40 1,948.00
2015-09-30 4,428.10 1,948.60 1,983.40
2015-06-30 4,247.90 1,948.60 1,848.00
2015-03-31 4,617.10 1,948.60 2,209.00
2014-12-31 4,919.10 1,349.00 1,971.80
2014-09-30 6,190.40 1,348.90 1,915.40
2014-06-30 6,611.50 1,348.90 2,620.30
2014-03-31 6,309.50 1,348.90 2,957.50
2013-12-31 7,302.20 999.30 2,845.90
2013-09-30 7,311.70 999.30 2,845.20
2013-06-30 7,117.60 999.30 2,792.80
2013-03-31 7,056.40 999.20 2,656.80
2012-12-31 6,999.50 999.20 2,849.30
2012-09-30 7,079.88 999.15 3,147.22
2012-06-30 7,208.92 999.11 3,438.82
  • Juniper Networks's level of debt (36.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (21.4% vs 36.9% today).
  • Debt is well covered by operating cash flow (41.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 29.3x coverage).
X
Financial health checks
We assess Juniper Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Juniper Networks has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Juniper Networks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.83%
Current annual income from Juniper Networks dividends. Estimated to be 2.75% next year.
If you bought $2,000 of Juniper Networks shares you are expected to receive $57 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Juniper Networks's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Juniper Networks's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:JNPR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:JNPR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.75 7.00
2020-12-31 0.74 13.00
2019-12-31 0.73 13.00
NYSE:JNPR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-29 0.760 2.853
2018-07-26 0.720 2.567
2018-05-02 0.720 2.648
2018-05-01 0.720 2.900
2018-02-23 0.720 2.877
2018-01-30 0.720 2.764
2017-10-24 0.400 1.462
2017-08-08 0.400 1.463
2017-07-25 0.400 1.415
2017-05-08 0.400 1.370
2017-04-25 0.400 1.332
2017-02-24 0.400 1.431
2017-01-26 0.400 1.449
2016-11-08 0.400 1.456
2016-10-25 0.400 1.571
2016-08-04 0.400 1.711
2016-07-26 0.400 1.758
2016-05-09 0.400 1.744
2016-04-28 0.400 1.748
2016-02-19 0.400 1.613
2016-01-27 0.400 1.722
2015-11-05 0.400 1.415
2015-10-22 0.400 1.276
2015-08-06 0.400 1.483
2015-07-23 0.400 1.442
2015-05-08 0.400 1.487
2015-04-23 0.400 1.513
2015-02-20 0.400 1.698
2015-01-27 0.400 1.723
2014-11-10 0.400 1.826
2014-10-23 0.400 1.918
2014-08-11 0.400 1.810
2014-07-22 0.400 1.710

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Juniper Networks has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Juniper Networks only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Juniper Networks's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Juniper Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Juniper Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Juniper Networks has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Juniper Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rami Rahim
COMPENSATION $9,984,326
AGE 47
TENURE AS CEO 4.6 years
CEO Bio

Mr. Rami Rahim has been the Chief Executive Officer of Juniper Networks, Inc. since November 2014. Mr. Rahim served as an Executive Vice President and General Manager of Platform Systems Division at Juniper Networks, Inc. from October 2012 to November 2014. Mr. Rahim responsible for driving strategy, development and business growth for juniper's entire portfolio of routing, switching, branch and wlan products, as well as for the ongoing evolution of our silicon technology and the junos operating systems. He is a 15-year veteran of Juniper Networks and leads Juniper's largest business unit focused on edge and aggregation routing. He joined juniper in January 1997. He served juniper in a number of roles, including senior vice president and gm of the edge and aggregation business unit and vice president of product management for eabu. He spent the majority of his time at juniper in the development organization where he helped with the architecture, design and implementation of many juniper core, edge and carrier ethernet products. He has been Director of Juniper Networks, Inc. since November 2014. He holds a bachelor of science degree in electrical engineering from the university of toronto and a master of science degree in electrical engineering from Stanford university.

CEO Compensation
  • Rami's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rami's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Juniper Networks management team in years:

2.6
Average Tenure
48
Average Age
  • The tenure for the Juniper Networks management team is about average.
Management Team

Rami Rahim

TITLE
CEO & Director
COMPENSATION
$10M
AGE
47
TENURE
4.6 yrs

Ken Miller

TITLE
Executive VP
COMPENSATION
$3M
AGE
47
TENURE
3.3 yrs

Manoj Leelanivas

TITLE
Executive VP & Chief Product Officer
COMPENSATION
$5M
AGE
48
TENURE
1.3 yrs

Andy Athreya

TITLE
Executive VP & Chief Development Officer
COMPENSATION
$3M
AGE
55
TENURE
1.8 yrs

Bikash Koley

TITLE
Executive VP & CTO
COMPENSATION
$9M
AGE
45
TENURE
1.8 yrs

Bob Worrall

TITLE
Chief Information Officer & Senior VP
AGE
57
TENURE
3.9 yrs

Jess Lubert

TITLE
Vice President of Investor Relations

Brian Martin

TITLE
Senior VP
COMPENSATION
$4M
AGE
56
TENURE
3.7 yrs

Mike Marcellin

TITLE
Chief Marketing Officer & Senior VP

Kevin Hutchins

TITLE
Senior Vice President of Strategy & Corporate Development
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Juniper Networks board of directors in years:

4.3
Average Tenure
59.5
Average Age
  • The tenure for the Juniper Networks board of directors is about average.
Board of Directors

Scott Kriens

TITLE
Chairman of the Board
COMPENSATION
$350K
AGE
60
TENURE
22.7 yrs

Rami Rahim

TITLE
CEO & Director
COMPENSATION
$10M
AGE
47
TENURE
4.6 yrs

Bill Stensrud

TITLE
Independent Director
COMPENSATION
$295K
AGE
67
TENURE
22.7 yrs

Gary Daichendt

TITLE
Lead Independent Director
COMPENSATION
$340K
AGE
67
TENURE
4.3 yrs

Jim Dolce

TITLE
Independent Director
COMPENSATION
$290K
AGE
55
TENURE
4.3 yrs

Kevin DeNuccio

TITLE
Independent Director
COMPENSATION
$290K
AGE
59
TENURE
5.1 yrs

Rahul Merchant

TITLE
Independent Director
COMPENSATION
$295K
AGE
62
TENURE
4.3 yrs

Anne DelSanto

TITLE
Independent Director
AGE
54
TENURE
0.3 yrs

Christine Gorjanc

TITLE
Director
AGE
61
TENURE
0.1 yrs

Janet Haugen

TITLE
Director
AGE
59
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • Juniper Networks insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
10. May 19 Sell William Stensrud Individual 10. May 19 10. May 19 -35,000 $26.01 $-910,476
03. May 19 Sell Kevin DeNuccio Individual 02. May 19 02. May 19 -20,000 $27.80 $-556,012
03. May 19 Sell Manoj Leelanivas Individual 02. May 19 02. May 19 -9,641 $27.76 $-267,634
09. Nov 18 Sell William Stensrud Individual 08. Nov 18 08. Nov 18 -10,000 $30.42 $-304,200
02. Nov 18 Sell Anand Athreya Individual 02. Nov 18 02. Nov 18 -113,039 $29.70 $-3,357,157
22. Aug 18 Sell William Stensrud Individual 22. Aug 18 22. Aug 18 -20,000 $28.20 $-564,090
X
Management checks
We assess Juniper Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Juniper Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why Dividend Hunters Love Juniper Networks, Inc. (NYSE:JNPR)

(NYSE:JNPR) a good dividend stock? How would you know? Dividend paying companies with growing earnings can be highly rewarding in the long term. Unfortunately, it's common for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. Investors might not know much about Juniper Networks's dividend prospects, even though it has been paying dividends for the last five years and offers a 2.8% yield. A 2.8% yield is not inspiring, but the longer payment history has some appeal. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Conclusion To summarise, shareholders should always check that Juniper Networks's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. … Earnings growth generally bodes well for the future value of company dividend payments.

Simply Wall St -

Is Juniper Networks, Inc.'s (NYSE:JNPR) P/E Ratio Really That Good?

View our latest analysis for Juniper Networks How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Juniper Networks: P/E of 15.16 = $24.61 ÷ $1.62 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … NYSE:JNPR Price Estimation Relative to Market, June 3rd 2019 Its relatively low P/E ratio indicates that Juniper Networks shareholders think it will struggle to do as well as other companies in its industry classification.

Simply Wall St -

There's An Opportunity With Juniper Networks, Inc. (NYSE:JNPR)

Looking at its size, financial health and track record, I believe there's an opportunity with Juniper Networks during these volatile times. … Juniper Networks tick the boxes in terms of its scale, financial health and proven track record, but there are a few other things I have yet to consider. … Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records?

Simply Wall St -

What Can We Learn From Juniper Networks, Inc.’s (NYSE:JNPR) Investment Returns?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Juniper Networks: 0.077 = US$588m ÷ (US$9.1b - US$1.5b) (Based on the trailing twelve months to March 2019.) So, Juniper Networks has an ROCE of 7.7%. … Juniper Networks's Current Liabilities And Their Impact On Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

A Look At The Intrinsic Value Of Juniper Networks, Inc. (NYSE:JNPR)

by taking the foreast future cash flows of the company and discounting them back to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model … Check out our latest analysis for Juniper Networks

Simply Wall St -

What You Must Know About Juniper Networks, Inc.'s (NYSE:JNPR) Financial Strength

the key to extending previous success is in the health of the company’s financials. … Let’s take a look at Juniper Networks’s leverage and assess its financial strength to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … Note that this commentary is very high-level and solely focused on financial health, so I suggest you dig deeper yourself

Simply Wall St -

Should You Be Pleased About The CEO Pay At Juniper Networks, Inc.'s (NYSE:JNPR)

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. … How Does Rami Rahim's Compensation Compare With Similar Sized Companies. … is worth US$9.8b, and total annual CEO compensation is US$9.4m.

Simply Wall St -

Is Juniper Networks, Inc.'s (NYSE:JNPR) 12% ROE Better Than Average?

Juniper Networks has a ROE of 12%, based on the last twelve months. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.12. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should Juniper Networks, Inc. (NYSE:JNPR) Be Your Next Stock Pick?

Attractive stocks have exceptional fundamentals. … is a company with great financial health as well as a. … For those interested in understanding where the figures come from and want to see the analysis,

Simply Wall St -

Is It Time To Consider Buying Juniper Networks, Inc. (NYSE:JNPR)?

saw significant share price movement during recent months on the NYSE, rising to highs of $28.38 and falling to the lows of $25.56. … A question to answer is whether Juniper Networks's current trading price of $26.32 reflective of the actual value of the? … Let’s take a look at Juniper Networks’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Company Info

Description

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; and QFX series of core, spine, and top-of-rack data center switches. In addition, the company offers security products comprising SRX series services gateways for the data centers; Branch SRX family provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, it offers Junos OS, a network operating system; Contrail networking and cloud platform, which provides an open-source and standards-based platform for SDN and NFV; and AppFormix, an optimization and management software platform for public, private, and hybrid clouds. Additionally, the company provides technical support, maintenance, and professional services, as well as education and training programs. It sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the cloud, telecom/cable, and strategic enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

Details
Name: Juniper Networks, Inc.
JNPR
Exchange: NYSE
Founded: 1996
$9,231,364,429
344,325,417
Website: http://www.juniper.net
Address: Juniper Networks, Inc.
1133 Innovation Way,
Sunnyvale,
California, 94089,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE JNPR Common Stock New York Stock Exchange US USD 25. Jun 1999
DB JNP Common Stock Deutsche Boerse AG DE EUR 25. Jun 1999
Number of employees
Current staff
Staff numbers
9,283
Juniper Networks employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/23 23:39
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.