NYSE:ABBV - AbbVie Stock Price, Forecast & News

AbbVie trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABBV."

AbbVie declared a -- dividend on Friday, November 1st. Shareholders of record on Wednesday, January 15th will be given a dividend of $1.18 per share on Friday, February 14th. This represents a yield of 5.93%. The ex-dividend date is Tuesday, January 14th. This is an increase from AbbVie's previous -- dividend of $1.07. View AbbVie's Dividend History.

AbbVie announced that its Board of Directors has authorized a stock buyback program on Thursday, December 13th 2018, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its shares are undervalued.

AbbVie Inc (NYSE:ABBV) announced its quarterly earnings data on Friday, February, 7th. The company reported $2.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.19 by $0.02. The firm earned $8.70 billion during the quarter, compared to analyst estimates of $8.68 billion. AbbVie had a net margin of 23.69% and a negative return on equity of 162.37%. AbbVie's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.90 EPS. View AbbVie's Earnings History.

AbbVie is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for AbbVie.

AbbVie issued an update on its FY20 earnings guidance on Friday, February, 7th. The company provided earnings per share (EPS) guidance of $9.61-9.71 for the period, compared to the Thomson Reuters consensus estimate of $9.78.

14 equities research analysts have issued twelve-month target prices for AbbVie's shares. Their forecasts range from $66.61 to $104.00. On average, they anticipate AbbVie's stock price to reach $88.72 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for AbbVie.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AbbVie in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AbbVie.

News coverage about ABBV stock has trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AbbVie earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for AbbVie.

Some companies that are related to AbbVie include Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Pfizer (PFE), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), Zoetis (ZTS), Allergan (AGN), Mylan (MYL), Jazz Pharmaceuticals (JAZZ), Perrigo (PRGO), The Medicines (MDCO), Horizon Therapeutics (HZNP), Nektar Therapeutics (NKTR), Pacira Biosciences (PCRX) and Corcept Therapeutics (CORT).

Based on aggregate information from My MarketBeat watchlists, some companies that other AbbVie investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals Intl (VRX) and AT&T (T).

AbbVie's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.65%), FMR LLC (2.72%), Bank of New York Mellon Corp (1.02%), Renaissance Technologies LLC (0.80%), Charles Schwab Investment Management Inc. (0.47%) and Sumitomo Mitsui Trust Holdings Inc. (0.40%). Company insiders that own AbbVie stock include Azita Saleki-Gerhardt, Brian L Durkin, Carlos Alban, Edward J Rapp, Glenn F Tilton, Henry O Gosebruch, Istar Inc, Jeffrey Ryan Stewart, Laura J Schumacher, Michael Severino, Nicholas Donoghoe, Richard A Gonzalez, Robert A Michael, Roxanne S Austin, Timothy J Richmond and William J Chase. View Institutional Ownership Trends for AbbVie.

ABBV stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Skandinaviska Enskilda Banken AB publ , Victory Capital Management Inc., Levin Easterly Partners LLC, Bank of New York Mellon Corp, Bank of Montreal Can, Pinebridge Investments L.P. and Oakbrook Investments LLC. Company insiders that have sold AbbVie company stock in the last year include Azita Saleki-Gerhardt, Brian L Durkin, Laura J Schumacher and Timothy J Richmond. View Insider Buying and Selling for AbbVie.

ABBV stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Farallon Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Amundi Pioneer Asset Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd and Lord Abbett & CO. LLC. Company insiders that have bought AbbVie stock in the last two years include Edward J Rapp, Glenn F Tilton, Henry O Gosebruch, Istar Inc, Jeffrey Ryan Stewart, Laura J Schumacher, Nicholas Donoghoe, Roxanne S Austin and William J Chase. View Insider Buying and Selling for AbbVie.

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

One share of ABBV stock can currently be purchased for approximately $94.05.

AbbVie has a market capitalization of $139.08 billion and generates $33.27 billion in revenue each year. The company earns $7.88 billion in net income (profit) each year or $8.94 on an earnings per share basis. AbbVie employs 30,000 workers across the globe.View Additional Information About AbbVie.

The official website for AbbVie is http://www.abbvie.com/.

AbbVie's mailing address is 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO IL, 60064. The company can be reached via phone at 847-932-7900.