Cencora (COR) Stock Price, News & Analysis

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cencora in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" COR shares.
View COR analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 1 year price targets for Cencora's stock. Their COR share price targets range from $182.00 to $261.00. On average, they predict the company's stock price to reach $218.22 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
View analysts price targets for COR or view top-rated stocks among Wall Street analysts.

Cencora's stock was trading at $205.38 at the beginning of 2024. Since then, COR stock has increased by 16.2% and is now trading at $238.60.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our COR earnings forecast.

Cencora will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "702498".

Cencora, Inc. (NYSE:COR) released its quarterly earnings results on Wednesday, January, 31st. The company reported $3.28 earnings per share for the quarter, beating analysts' consensus estimates of $2.86 by $0.42. The firm had revenue of $72.25 billion for the quarter, compared to the consensus estimate of $68.81 billion. Cencora had a net margin of 0.69% and a trailing twelve-month return on equity of 323.23%. During the same period in the prior year, the company posted $2.71 earnings per share.

Cencora announced a quarterly dividend on Wednesday, January 31st. Shareholders of record on Friday, February 9th will be paid a dividend of $0.51 per share on Monday, February 26th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Thursday, February 8th. This is a positive change from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for COR.

Cencora (NYSE:COR) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.87%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COR will have a dividend payout ratio of 13.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COR.

ETFs with the largest weight of Cencora (NYSE:COR) stock in their portfolio include Strategas Macro Thematic Opportunities ETF (SAMT), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), Dividend Performers ETF (IPDP), ProShares Pet Care ETF (PAWZ), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), SRH U.S. Quality ETF (SRHQ), Invesco Bloomberg MVP Multi-factor ETF (PWC) and SPDR S&P Health Care Services ETF (XHS).

Cencora updated its FY 2024 earnings guidance on Thursday, March, 21st. The company provided EPS guidance of 13.250-13.500 for the period, compared to the consensus estimate of 13.450. The company issued revenue guidance of $288.4 billion-$293.6 billion, compared to the consensus revenue estimate of $291.9 billion.

27 employees have rated Cencora Chief Executive Officer Paul E. Szurek on Glassdoor.com. Paul E. Szurek has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cencora investors own include Digital Realty Trust (DLR), NVIDIA (NVDA), Cisco Systems (CSCO), AbbVie (ABBV), Crown Castle (CCI), AT&T (T), Intel (INTC), Realty Income (O), QUALCOMM (QCOM) and Enterprise Products Partners (EPD).

Cencora's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.14%), Los Angeles Capital Management LLC (0.09%), Pensioenfonds Rail & OV (0.08%), Ferguson Wellman Capital Management Inc. (0.07%), Chesley Taft & Associates LLC (0.03%) and Guyasuta Investment Advisors Inc. (0.03%). Insiders that own company stock include Elizabeth S Campbell, Gina Clark, Gina Clark, John G Chou, John G Chou, Lazarus Krikorian, Leslie E Donato, Leslie E Donato, Robert P Mauch, Robert P Mauch, Silvana Battaglia, Steven H Collis and Walgreens Boots Alliance, Inc.
View institutional ownership trends.

Shares of COR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.