Amgen Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amgen in the last twelve months. There are currently 11 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Amgen stock.
View analyst ratings for Amgen or view top-rated stocks.

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.

Amgen is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Amgen.

Amgen Inc. (NASDAQ:AMGN) released its quarterly earnings data on Monday, February, 1st. The medical research company reported $3.81 EPS for the quarter, topping the consensus estimate of $3.39 by $0.42. The medical research company earned $6.63 billion during the quarter, compared to analyst estimates of $6.57 billion. Amgen had a trailing twelve-month return on equity of 95.55% and a net margin of 29.42%. Amgen's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.64 EPS.
View Amgen's earnings history.

Amgen's stock was trading at $198.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AMGN stock has increased by 13.2% and is now trading at $224.92.
View which stocks have been most impacted by COVID-19.

Amgen declared a quarterly dividend on Wednesday, December 16th. Stockholders 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 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Thursday, February 11th. This is an increase from Amgen's previous quarterly dividend of $1.60.
View Amgen's dividend history.

Amgen pays an annual dividend of $7.04 per share and currently has a dividend yield of 3.09%. Amgen does not yet have a strock track record of dividend growth. The dividend payout ratio of Amgen is 47.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Amgen will have a dividend payout ratio of 41.41% next year. This indicates that Amgen will be able to sustain or increase its dividend.
View Amgen's dividend history.

Amgen updated its FY20 earnings guidance on Tuesday, February, 2nd. The company provided earnings per share guidance of $16.00-17.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $16.16. The company issued revenue guidance of $25.8-26.6 billion, compared to the consensus revenue estimate of $25.36 billion.

25 Wall Street analysts have issued 12-month price objectives for Amgen's stock. Their forecasts range from $215.00 to $304.00. On average, they anticipate Amgen's stock price to reach $256.09 in the next year. This suggests a possible upside of 13.9% from the stock's current price.
View analysts' price targets for Amgen or view top-rated stocks among Wall Street analysts.

806 employees have rated Amgen CEO Robert A. Bradway on Glassdoor.com. Robert A. Bradway has an approval rating of 91% among Amgen's employees. This puts Robert A. Bradway in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Amgen include Gilead Sciences (GILD), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Alexion Pharmaceuticals (ALXN), Seagen (SGEN), Exact Sciences (EXAS), Alnylam Pharmaceuticals (ALNY), Incyte (INCY), Novavax (NVAX), BioMarin Pharmaceutical (BMRN), Repligen (RGEN), Neurocrine Biosciences (NBIX), United Therapeutics (UTHR) and Ionis Pharmaceuticals (IONS).
View all of AMGN's competitors.

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).

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

Amgen's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.21%), Primecap Management Co. CA (2.92%), FMR LLC (2.37%), Morgan Stanley (1.69%), Northern Trust Corp (1.36%) and Bank of New York Mellon Corp (1.12%). 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.

AMGN stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, The Manufacturers Life Insurance Company , Primecap Management Co. CA, FMR LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Amgen company stock in the last year include Jonathan P Graham, R Sanders Williams, and Ronald D Sugar.
View insider buying and selling activity for Amgen or view top insider-selling stocks.

AMGN stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Boston Partners, FIL Ltd, Beutel Goodman & Co Ltd., Canada Pension Plan Investment Board, Voloridge Investment Management LLC, Janus Henderson Group PLC, and Vontobel Holding Ltd..
View insider buying and selling activity for Amgen or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

One share of AMGN stock can currently be purchased for approximately $224.92.

Amgen has a market capitalization of $129.91 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.

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

Amgen is headquartered at ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA, 91320.

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]