National Instruments Corp has the ticker symbol NATI and is a member of the Technology sector as a software application company. This is my second report on National Instruments Corp for my Vista Portfolio. I last discussed National Instruments Corp on October 20, 2020.

National Instruments Corp designs, manufactures, and sells software and hardware platforms to engineers and scientists. 

Its suite of application software products includes NI TestStand, targeted for measurement applications in a manufacturing environment; NI VeriStand, targeted for configuring real-time testing applications; and NI DIAdem, which offers tools to interactively mine and analyze data. 

The company derives revenue primarily from the sale of hardware, software licenses, and related services. A majority of the firm's revenue is generated in the United States, but it has a presence in countries around the world.

It serves the semiconductor, transportation, aerospace, and defense industries; and government agencies. National Instruments Corporation has a strategic agreement with Konrad Technologies, Inc. to develop test systems and solutions for autonomous driving software and hardware validation.

The company was founded in 1976 and is headquartered in Austin, Texas.

Three key data points gauge dividend equities or funds like National Instruments Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

NATI Price

National Instruments Corp's price per share closed at $42.61 yesterday. One year ago its price was $33.08. Price per share has increased almost 29% from the midst of the Covid market slump. 

Should National Instrument's stock trade in the range of $30 to $50 this year, it is recent $42.61 price might rise by $2.39 to reach $45.00 by March 31, 2022. My estimate is $1.60 above that of five analysts tracking NATI.

NATI Dividends

National Instrument's most recently declared quarterly dividend was $0.27, paid March 1st. Dividends are estimated to total $1.08 per share annually and yield 2.53% at yesterday's $42.61 closing price. NATI has paid annually increasing dividends for eight years.

NATI Returns

Adding the 1.08 annual NATI anticipated dividend to my $2.39 price upside estimate shows a $3.47 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little under $1,000.00 today in National Instruments Corp at $42.61 per share and we'd buy 23 shares of NATI stock.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.43 per share.

Subtract that maybe $0.43 brokerage cost from my estimated $3.47 gross gain per share results in a net gain of $3.04 X 23 shares = $69.92 for a 7% net gain on a $980.03 investment.

National Instruments Corp shows a possible 7% net gain including a 2.53% dividend yield. 

Over the next year at this time, a $1000 investment in NATI could generate $25.30 in cash dividends. And a single share bought at yesterday's closing price was nearly $43! So, if NATI is your kind of technology investment, their price is almost 70% above the annual dividend income from $1,000 invested. This suggests waiting until the price drops to $35 before adding these shares to your portfolio.

All of the estimates above are speculation based on the past history of National Instruments Corp. Only time and money invested in this stock will determine its worth.