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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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NASDAQ:AMGN

Amgen Stock Forecast, Price & News

$248.27
+2.78 (+1.13 %)
(As of 01/19/2021 12:00 AM ET)
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Today's Range
$246.38
Now: $248.27
$249.00
50-Day Range
$220.99
MA: $229.04
$241.66
52-Week Range
$177.05
Now: $248.27
$264.97
Volume2.06 million shs
Average Volume2.06 million shs
Market Capitalization$144.54 billion
P/E Ratio20.02
Dividend Yield2.61%
Beta0.76
Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience areas. The company's products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, a pegylated protein to treat cancer patients; Prolia to treat postmenopausal women with osteoporosis; Xgeva for skeletal-related events prevention; Aranesp to treat a lower-than-normal number of red blood cells and anemia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Sensipar/Mimpara to treat secondary hyperparathyroidism; and EPOGEN to treat anemia caused by chronic kidney disease. It also markets other products in various markets, including Nplate, Vectibix, Repatha, Parsabiv, BLINCYTO, Aimovig, NEUPOGEN, Otezla, AMGEVITA, KANJINTI, EVENITY, IMLYGIC, MVASI, and Corlanor. Amgen Inc. serves healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies. It distributes its products through pharmaceutical wholesale distributors, as well as direct-to-consumer channels. The company has collaboration agreements with Novartis; UCB; Bayer HealthCare LLC; BeiGene, Ltd.; QIAGEN N.V.; Adaptive Biotechnologies; and Eli Lilly and Company, as well as has a strategic agreement with McKesson Corporation to help improve cancer care in community oncology settings. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.
Amgen logo

MarketRank

Overall MarketRank

2.26 out of 5 stars

Medical Sector

20th out of 24 stocks

Biological Products, Except Diagnostic Industry

2nd out of 2 stocks

Analyst Opinion: 2.3Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:AMGN
CUSIP03116210
Phone805-447-1000
Employees23,400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.36 billion
Cash Flow$19.13 per share
Book Value$16.28 per share

Profitability

Net Income$7.84 billion

Miscellaneous

Market Cap$144.54 billion
Next Earnings Date2/2/2021 (Confirmed)
OptionableOptionable
$248.27
+2.78 (+1.13 %)
(As of 01/19/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Amgen (NASDAQ:AMGN) Frequently Asked Questions

How has Amgen's stock price been impacted by Coronavirus?

Amgen's stock was trading at $198.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AMGN stock has increased by 25.0% and is now trading at $248.34.
View which stocks have been most impacted by COVID-19
.

Is Amgen a buy right now?

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amgen in the last year. There are currently 1 sell rating, 12 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Amgen stock.
View analyst ratings for Amgen
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Amgen?

Wall Street analysts have given Amgen a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Amgen wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Amgen's next earnings date?

Amgen is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Amgen
.

How can I listen to Amgen's earnings call?

Amgen will be holding an earnings conference call on Tuesday, February 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Amgen's earnings last quarter?

Amgen Inc. (NASDAQ:AMGN) released its quarterly earnings results on Monday, November, 2nd. The medical research company reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.62. The medical research company earned $6.42 billion during the quarter, compared to analysts' expectations of $6.38 billion. Amgen had a return on equity of 95.55% and a net margin of 29.42%.
View Amgen's earnings history
.

How often does Amgen pay dividends? What is the dividend yield for Amgen?

Amgen declared a quarterly dividend on Wednesday, December 16th. Shareholders of record on Monday, February 15th will be given a dividend of $1.76 per share on Monday, March 8th. This represents a $7.04 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Thursday, February 11th. This is a boost from Amgen's previous quarterly dividend of $1.60.
View Amgen's dividend history
.

Is Amgen a good dividend stock?

Amgen pays an annual dividend of $6.40 per share and currently has a dividend yield of 2.61%. Amgen does not yet have a strock track record of dividend growth. The dividend payout ratio of Amgen is 43.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Amgen will have a dividend payout ratio of 37.65% next year. This indicates that Amgen will be able to sustain or increase its dividend.
View Amgen's dividend history.

What guidance has Amgen issued on next quarter's earnings?

Amgen updated its FY20 earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of $15.80-16.15 for the period, compared to the Thomson Reuters consensus estimate of $15.78. The company issued revenue guidance of $25.1-25.5 billion, compared to the consensus revenue estimate of $25.39 billion.

What price target have analysts set for AMGN?

30 Wall Street analysts have issued 1-year price objectives for Amgen's shares. Their forecasts range from $185.00 to $304.00. On average, they expect Amgen's stock price to reach $255.88 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for Amgen
or view Wall Street analyst' top-rated stocks.

Who are some of Amgen's key competitors?

What other stocks do shareholders of Amgen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amgen investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE), AbbVie (ABBV), The Walt Disney (DIS), AT&T (T), Alibaba Group (BABA) and The Home Depot (HD).

Who are Amgen's key executives?

Amgen's management team includes the following people:
  • Mr. Robert A. Bradway, Chairman, CEO & Pres (Age 57, Pay $5.61M)
  • Mr. Jonathan P. Graham, Exec. VP, Gen. Counsel & Sec. (Age 59, Pay $2.44M)
  • Dr. David M. Reese M.D., Exec. VP of R&D (Age 57, Pay $2.54M)
  • Mr. Murdo Gordon, Exec. VP of Global Commercial Operations (Age 53, Pay $2.66M)
  • Mr. Peter H. Griffith, Exec. VP & CFO (Age 61)
  • Mr. Esteban Santos, Exec. VP of Operations (Age 52)
  • Ms. Linda H. Louie, VP of Fin. & Chief Accounting Officer
  • Mr. Mike Zahigian, Sr. VP & Chief Information Officer
  • Mr. Arvind Sood, VP of Investor Relations
  • Nancy A. Grygiel, Sr. VP of Worldwide Compliance & Bus. Ethics and Chief Compliance Officer

What is Amgen's stock symbol?

Amgen trades on the NASDAQ under the ticker symbol "AMGN."

Who are Amgen's major shareholders?

Amgen's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sarasin & Partners LLP (0.18%), Gateway Investment Advisers LLC (0.04%), Cullinan Associates Inc. (0.03%), Boston Trust Walden Corp (0.03%), State of Alaska Department of Revenue (0.02%) and Wedge Capital Management L L P NC (0.02%). Company insiders that own Amgen stock include Cynthia M Patton, David Piacquad, David W Meline, Jonathan P Graham, R Sanders Williams and Ronald D Sugar.
View institutional ownership trends for Amgen
.

Which major investors are selling Amgen stock?

AMGN stock was sold by a variety of institutional investors in the last quarter, including RNC Capital Management LLC, State of Alaska Department of Revenue, Exchange Traded Concepts LLC, American National Bank, Pinnacle Financial Partners Inc., Huntington National Bank, Baldwin Brothers Inc. MA, and Cullinan Associates Inc.. Company insiders that have sold Amgen company stock in the last year include David Piacquad, R Sanders Williams, and Ronald D Sugar.
View insider buying and selling activity for Amgen
or view top insider-selling stocks.

Which major investors are buying Amgen stock?

AMGN stock was bought by a variety of institutional investors in the last quarter, including Sarasin & Partners LLP, Crossmark Global Holdings Inc., Chesley Taft & Associates LLC, Louisiana State Employees Retirement System, Oak Harvest Investment Services, Boston Trust Walden Corp, Wedge Capital Management L L P NC, and Bennicas & Associates Inc..
View insider buying and selling activity for Amgen
or or view top insider-buying stocks.

How do I buy shares of Amgen?

Shares of AMGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Amgen's stock price today?

One share of AMGN stock can currently be purchased for approximately $248.34.

How big of a company is Amgen?

Amgen has a market capitalization of $144.58 billion and generates $23.36 billion in revenue each year. The medical research company earns $7.84 billion in net income (profit) each year or $14.82 on an earnings per share basis. Amgen employs 23,400 workers across the globe.

What is Amgen's official website?

The official website for Amgen is www.amgen.com.

How can I contact Amgen?

Amgen's mailing address is ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA, 91320. The medical research company can be reached via phone at 805-447-1000 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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