[at Bloomberg] – Facebook Inc. and Microsoft Corp. are joining forces with environmental groups to promote the development of 60 gigawatts of renewable energy by 2025. Read more on this. Microsoft Corporation (MSFT) , valued at $404.89B, opened this morning at $51.24. Shares have traded today between $50.92 and $51.81 per share and has traded between $39.72 and $56.85 over the past 12 months. MSFT shares are currently priced at 19.19x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.19x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $1.44 per share annually in dividends, yielding 2.88%. According to a consensus of 28 analysts, the earnings estimate of $0.58 per share would be $0.02 worse than the year-ago quarter and a $0.09 sequential decrease. The full-year EPS estimate is $2.66, which would be a $0.20 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $22.17 Billion. If realized, that would be a 0.05% decrease over the year-ago quarter. More recently, Macquarie Initiated MSFT at Neutral (Mar 4, 2016). Previously, Morgan Stanley upgraded MSFT from Equal-Weight to Overweight. The average price target for MSFT shares by the analysts covering the stock is $57.73, which is 12.67% above where the stock opened this morning. See more in (NASDAQ:MSFT) Similar Articles: Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft And Facebook Say They’ve No Gender Pay Gap: Is This True? Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft’s Azure: The Engine in BMW’s Mobile App (MSFT, AMZN) Market Update: Microsoft Corporation (NASDAQ:MSFT) – Microsoft Makes Windows 10 ‘Free Upgrades’ Worse