NYSE:ABT - Abbott Laboratories Stock Price, Forecast & News

Abbott Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABT."

Abbott Laboratories announced a quarterly dividend on Thursday, September 12th. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.32 per share on Friday, November 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, October 11th. View Abbott Laboratories' Dividend History.

Abbott Laboratories (NYSE:ABT) announced its earnings results on Wednesday, October, 16th. The healthcare product maker reported $0.84 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.84. The healthcare product maker had revenue of $8.08 billion for the quarter, compared to analyst estimates of $8.10 billion. Abbott Laboratories had a net margin of 10.50% and a return on equity of 17.65%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.75 earnings per share. View Abbott Laboratories' Earnings History.

Abbott Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Abbott Laboratories.

Abbott Laboratories issued an update on its FY19 earnings guidance on Wednesday, October, 16th. The company provided EPS guidance of $3.23-3.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.24.

16 brokers have issued 1 year price objectives for Abbott Laboratories' shares. Their forecasts range from $68.00 to $98.00. On average, they anticipate Abbott Laboratories' share price to reach $87.55 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Abbott Laboratories.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abbott Laboratories in the last year. There are currently 2 sell ratings, 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Abbott Laboratories.

News coverage about ABT stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Abbott Laboratories earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the healthcare product maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Abbott Laboratories.

Abbott Laboratories saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 16,670,000 shares, a decline of 5.8% from the October 31st total of 17,690,000 shares. Based on an average daily volume of 4,520,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.0% of the company's stock are sold short. View Abbott Laboratories' Current Options Chain.

Some companies that are related to Abbott Laboratories include Medtronic (MDT), Stryker (SYK), Becton Dickinson and (BDX), Intuitive Surgical (ISRG), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), ResMed (RMD), IDEXX Laboratories (IDXX), DexCom (DXCM), Teleflex (TFX), Hologic (HOLX), Steris (STE), Varian Medical Systems (VAR) and Insulet (PODD).

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

Abbott Laboratories' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.10%), Massachusetts Financial Services Co. MA (1.80%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Parametric Portfolio Associates LLC (0.38%), Diamond Hill Capital Management Inc. (0.36%) and California Public Employees Retirement System (0.23%). Company insiders that own Abbott Laboratories stock include Andrew H Lane, Brian B Yoor, Brian J Blaser, Daniel Gesua Sive Salvadori, Daniel J Starks, Hubert L Allen, Jaime Contreras, Jared Watkin, John G Stratton, John M Capek, Joseph J Manning, Michael J Pederson, Miles D White, Randel William Woodgrift, Roger Bird, Sally E Blount, Sharon J Bracken and Stephen R Fussell. View Institutional Ownership Trends for Abbott Laboratories.

ABT stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Coho Partners Ltd., Massachusetts Financial Services Co. MA, Columbus Circle Investors, Sawgrass Asset Management LLC, Montag & Caldwell LLC, Sector Gamma AS and State of New Jersey Common Pension Fund D. Company insiders that have sold Abbott Laboratories company stock in the last year include Brian B Yoor, Brian J Blaser, Daniel Gesua Sive Salvadori, Hubert L Allen, Jaime Contreras, Jared Watkin, John M Capek, Joseph J Manning, Michael J Pederson, Miles D White, Randel William Woodgrift, Roger Bird, Sally E Blount, Sharon J Bracken and Stephen R Fussell. View Insider Buying and Selling for Abbott Laboratories.

ABT stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Strs Ohio, Assenagon Asset Management S.A., State of Tennessee Treasury Department, Bartlett & Co. LLC, Voloridge Investment Management LLC, State of Alaska Department of Revenue and Banco Santander S.A.. Company insiders that have bought Abbott Laboratories stock in the last two years include Daniel J Starks, John G Stratton and Randel William Woodgrift. View Insider Buying and Selling for Abbott Laboratories.

Shares of ABT 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 ABT stock can currently be purchased for approximately $85.48.

Abbott Laboratories has a market capitalization of $151.17 billion and generates $30.58 billion in revenue each year. The healthcare product maker earns $2.37 billion in net income (profit) each year or $2.88 on an earnings per share basis. Abbott Laboratories employs 103,000 workers across the globe.View Additional Information About Abbott Laboratories.

The official website for Abbott Laboratories is http://www.abbott.com/.

Abbott Laboratories' mailing address is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. The healthcare product maker can be reached via phone at 224-667-6100.