Walgreens Boots Alliance Company Profile (NASDAQ:WBA)

Walgreens Boots Alliance trades on the NASDAQ under the ticker symbol "WBA."

Walgreens Boots Alliance announced a quarterly dividend on Friday, April 21st. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.375 per share on Monday, June 12th. This represents a $1.50 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Tuesday, May 16th. View Walgreens Boots Alliance's Dividend History.

Walgreens Boots Alliance declared that its Board of Directors has initiated a share repurchase program on Saturday, April 8th 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Walgreens Boots Alliance Inc (NASDAQ:WBA) issued its quarterly earnings data on Wednesday, April, 5th. The company reported $1.36 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $1.36. The firm had revenue of $29.45 billion for the quarter, compared to analysts' expectations of $30.17 billion. Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. The business's revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.31 EPS. View Walgreens Boots Alliance's Earnings History.

Walgreens Boots Alliance is scheduled to release their next quarterly earnings announcement on Wednesday, July, 5th 2017. View Earnings Estimates for Walgreens Boots Alliance.

Walgreens Boots Alliance issued an update on its FY17 earnings guidance on Wednesday, April, 5th. The company provided earnings per share (EPS) guidance of $4.90-5.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.98.

15 analysts have issued 12 month price objectives for Walgreens Boots Alliance's shares. Their predictions range from $79.00 to $100.00. On average, they anticipate Walgreens Boots Alliance's stock price to reach $91.58 in the next year. View Analyst Ratings for Walgreens Boots Alliance.

Here are some recent quotes from research analysts about Walgreens Boots Alliance stock:

• 1. According to Zacks Investment Research, "Walgreens expects to do well in its second quarter of fiscal 2017 (to be reported on Apr 5) on strong fundamental and inorganic expansion. While, the last-reported first-quarter fiscal 2017 revenue performance was below the mark, management is optimistic about registering strong growth in the second half of 2017 on new strategic pharmacy tie-ups. Several recent strategic programs including skin product launch and vaccination program are also expected to boost the company’s growth in near terms. Narrowed 2017 earnings outlook also buoys optimism. On the flip side, Walgreens Boots is trading below the Zacks classified Retail-Drug Stores industry over the last one month on Rite Aid deal related uncertainty. Notably, FTC has imposed certain regulatory issues resulting in a delay in the completion of the Rite Aid acquisition. Currency fluctuations and a competitive landscape are other major woes." (3/29/2017)
• 2. Jefferies Group LLC analysts commented, "We believe that today’s announcement of the proposed divestiture of 865 RAD stores to FRED for $950MM in cash should be sufficient to appease regulatory competition concerns and eliminate concerns about WBA’s ability to close the RAD deal." (12/21/2016)

Some companies that are related to Walgreens Boots Alliance include Inditex (IDEXY), McDonald's Co. (MCD), Starbucks (SBUX), Priceline Group (PCLN), CVS Health Corp (CVS), Costco Wholesale (COST), Lowe's Companies (LOW), JD.Com (JD), TJX Companies (TJX), HENNES & MAURITZ SPON (HNNMY), Kering Unspon (PPRUY), Wal-mart de Mexico S A B de C V (WMMVY), eBay (EBAY), Compass Group plc (CMPGY), Target (TGT), Ctrip.Com International Ltd (CTRP), Kroger Co (KR) and Yum! Brands (YUM).

Walgreens Boots Alliance's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.00%), BlackRock Inc. (0.00%), State Street Corp (3.48%), Wellington Management Group LLP (0.00%), Bank of New York Mellon Corp (1.33%) and FMR LLC (0.00%). Company insiders that own Walgreens Boots Alliance stock include Barry Rosenstein, George Rollo Fairweather, Janice M Babiak, John Anthony Lederer, Kathleen Wilson-Thompson, Ornella Barra, Stefano Pessina and William C Foote. View Institutional Ownership Trends for Walgreens Boots Alliance.

Walgreens Boots Alliance's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Renaissance Technologies LLC, Westpac Banking Corp, FMR LLC, Montag & Caldwell LLC, Parametric Portfolio Associates LLC, Capital Fund Management S.A. and Gotham Asset Management LLC. Company insiders that have sold Walgreens Boots Alliance stock in the last year include Kathleen Wilson-Thompson and William C Foote. View Insider Buying and Selling for Walgreens Boots Alliance.

Walgreens Boots Alliance's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Nordea Investment Management AB, Wellington Management Group LLP, Lazard Asset Management LLC, TIAA CREF Investment Management LLC, UBS Asset Management Americas Inc. and Geode Capital Management LLC. Company insiders that have bought Walgreens Boots Alliance stock in the last two years include Janice M Babiak, John Anthony Lederer, Ornella Barra and Stefano Pessina. View Insider Buying and Selling for Walgreens Boots Alliance.

Shares of Walgreens Boots Alliance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Walgreens Boots Alliance stock can currently be purchased for approximately $81.25.