Walgreens Boots Alliance Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walgreens Boots Alliance in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Walgreens Boots Alliance stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBA, but not buy additional shares or sell existing shares.
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Walgreens Boots Alliance is scheduled to release its next quarterly earnings announcement on Thursday, July 8th 2021.
View our earnings forecast for Walgreens Boots Alliance.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) issued its quarterly earnings data on Tuesday, March, 30th. The pharmacy operator reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.30. The pharmacy operator earned $32.78 billion during the quarter, compared to analysts' expectations of $36.16 billion. Walgreens Boots Alliance had a trailing twelve-month return on equity of 18.33% and a net margin of 0.33%. The company's quarterly revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.52 earnings per share.
View Walgreens Boots Alliance's earnings history.

Walgreens Boots Alliance's stock was trading at $46.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WBA stock has increased by 19.7% and is now trading at $55.15.
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Walgreens Boots Alliance announced a quarterly dividend on Friday, April 23rd. Investors of record on Friday, May 21st will be paid a dividend of $0.4675 per share on Friday, June 11th. This represents a $1.87 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Thursday, May 20th.
View Walgreens Boots Alliance's dividend history.

Walgreens Boots Alliance pays an annual dividend of $1.87 per share and currently has a dividend yield of 3.42%. Walgreens Boots Alliance has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Walgreens Boots Alliance is 39.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Walgreens Boots Alliance will have a dividend payout ratio of 35.48% next year. This indicates that Walgreens Boots Alliance will be able to sustain or increase its dividend.
View Walgreens Boots Alliance's dividend history.

14 analysts have issued 12 month target prices for Walgreens Boots Alliance's shares. Their forecasts range from $33.00 to $60.00. On average, they anticipate Walgreens Boots Alliance's stock price to reach $50.25 in the next twelve months. This suggests that the stock has a possible downside of 8.9%.
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4,267 employees have rated Walgreens Boots Alliance CEO Stefano Pessina on Glassdoor.com. Stefano Pessina has an approval rating of 32% among Walgreens Boots Alliance's employees. This puts Stefano Pessina in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Walgreens Boots Alliance include CVS Health (CVS), Covetrus (CVET), Rite Aid (RAD), 111 (YI), PetMed Express (PETS), Progressive Care (RXMD), China Jo-Jo Drugstores (CJJD), HealthWarehouse.com (HEWA), Dragon Jade International (DGJI), Dougherty's Pharmacy (MYDP), China Dasheng Biotechnology (CDBT) and Health Sciences Group (HESG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Walgreens Boots Alliance investors own include AT&T (T), Intel (INTC), CVS Health (CVS), Johnson & Johnson (JNJ), The Walt Disney (DIS), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE) and Exxon Mobil (XOM).

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

Walgreens Boots Alliance's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.58%), Geode Capital Management LLC (1.32%), Northern Trust Corp (1.02%), Bank of New York Mellon Corp (0.96%), Dimensional Fund Advisors LP (0.92%) and LSV Asset Management (0.88%).
View institutional ownership trends for Walgreens Boots Alliance.

WBA stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Burgundy Asset Management Ltd., Schafer Cullen Capital Management Inc, LSV Asset Management, Acadian Asset Management LLC, Bank of Montreal Can, American International Group Inc., and Unigestion Holding SA.
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WBA stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Shapiro Capital Management LLC, Cullen Capital Management LLC, ANTIPODES PARTNERS Ltd, DAVENPORT & Co LLC, HighTower Advisors LLC, Jennison Associates LLC, and Smead Capital Management Inc..
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Shares of WBA 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.
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One share of WBA stock can currently be purchased for approximately $55.15.

Walgreens Boots Alliance has a market capitalization of $47.67 billion and generates $139.54 billion in revenue each year. The pharmacy operator earns $456 million in net income (profit) each year or $4.74 on an earnings per share basis.

Walgreens Boots Alliance employs 223,000 workers across the globe.

The following companies are subsidiares of Walgreens Boots Alliance: Alliance Boots Holdings Limited, Alliance Healthcare (Distribution) Limited, Alliance Healthcare Deutschland AG, Alliance Healthcare Ecza Deposu Anonim Şirketi, Alliance Healthcare España S.A., Alliance Healthcare Romania SRL, Alliance Healthcare Répartition, Bond Drug Company of Illinois LLC, Boots Retail (Ireland) Limited, Boots UK Limited, Duane Reade, Farmacias Benavides S.A.B. de C.V., Liz Earle Beauty, Prime Therapeutics Specialty Pharmacy LLC, Sinopharm Holding GuoDa Drug Store Co., Superior Acquisitions Limited, Superior Holdings Limited, Superior Luxco 1 S.à r.l., Take Care Health Employer Solutions, The Boots Company PLC, United Company of Pharmacists SAE, WBA Acquisitions UK Holdco 7 Limited, WBA Acquisitions UK Topco Limited, WBA Financial LLC, WBA International Limited, WBA Investments Inc., WBA Luxembourg 6 S.à r.l., WBA Luxembourg 7 S.à.r.l., WBAD Holdings Limited, Walgreen Arizona Drug Co., Walgreen Co., Walgreen Eastern Co. Inc., Walgreen International S.à r.l., Walgreen Investments Luxembourg S.à r.l., Walgreen Louisiana Co. Inc., Walgreen of Puerto Rico Inc., Walgreens Boots Alliance (Hong Kong) Investments Limited, Walgreens Boots Alliance Holdings LLC, Walgreens Boots Alliance Limited, Walgreens Boots Alliance Scottish LP, Walgreens Specialty Pharmacy LLC, Waltrust Properties Inc., and iA.

Walgreens Boots Alliance was founded in 2014.

The official website for Walgreens Boots Alliance is www.walgreensbootsalliance.com.

Walgreens Boots Alliance is headquartered at 108 Wilmot Road, Deerfield IL, 60015.

Walgreens Boots Alliance's mailing address is 108 Wilmot Road, Deerfield IL, 60015. The pharmacy operator can be reached via phone at 847-315-2500 or via email at [email protected]