NYSE:BAX - Baxter International Stock Price, Price Target & More

Baxter International trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAX."

Baxter International announced a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, June 1st will be given a dividend of $0.19 per share on Monday, July 2nd. This represents a $0.76 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, May 31st. This is a positive change from Baxter International's previous quarterly dividend of $0.16. View Baxter International's Dividend History.

Baxter International declared that its board has approved a share buyback program on Wednesday, February 21st 2018, which permits the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its shares are undervalued.

Baxter International (NYSE:BAX) posted its quarterly earnings data on Thursday, April, 26th. The medical instruments supplier reported $0.70 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.08. The medical instruments supplier had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.62 billion. Baxter International had a net margin of 7.75% and a return on equity of 15.70%. The business's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $0.58 earnings per share. View Baxter International's Earnings History.

Baxter International is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Baxter International.

Baxter International issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $2.85-2.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.78. The company issued revenue guidance of $11.3-11.4 billion, compared to the consensus revenue estimate of $11.25 billion.Baxter International also updated its Q2 guidance to $0.69-0.71 EPS.

16 equities research analysts have issued 1 year target prices for Baxter International's stock. Their forecasts range from $62.00 to $83.00. On average, they expect Baxter International's stock price to reach $72.7333 in the next twelve months. View Analyst Ratings for Baxter International.

Some companies that are related to Baxter International include 3M (MMM), Stryker (SYK), Becton Dickinson (BDX), Fresenius (FSNUY), Boston Scientific (BSX), ABIOMED (ABMD), ResMed (RMD), Teleflex (TFX), Dexcom (DXCM), Hill-Rom (HRC), ICU Medical (ICUI), Insulet (PODD), Penumbra (PEN), Cantel Medical (CMD) and Globus Medical (GMED).

News stories about BAX stock have been trending somewhat positive on Monday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Baxter International earned a media sentiment score of 0.01 on Accern's scale. They also assigned news coverage about the medical instruments supplier an impact score of 47.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Baxter International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.05%), Veritas Asset Management LLP (1.77%), Northern Trust Corp (1.65%), Wells Fargo & Company MN (1.07%), Old Mutual Global Investors UK Ltd. (0.65%) and Legal & General Group Plc (0.53%). Company insiders that own Baxter International stock include Albert P L Stroucken, Brik V Eyre, Carole J Shapazian, Giuseppe Accogli, James R Gavin III, Jeanne K Mason, John D Forsyth, Peter S Hellman, Third Point Llc and Thomas T Stallkamp. View Institutional Ownership Trends for Baxter International.

BAX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., American Century Companies Inc., Wells Fargo & Company MN, Aristotle Capital Management LLC, CI Global Investments Inc., Veritas Asset Management LLP and Northern Trust Corp. Company insiders that have sold Baxter International company stock in the last year include Brik V Eyre, Carole J Shapazian, Giuseppe Accogli, James R Gavin III, Jeanne K Mason, John D Forsyth, Peter S Hellman, Third Point Llc and Thomas T Stallkamp. View Insider Buying and Selling for Baxter International.

BAX stock was bought by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Point72 Asset Management L.P., The Manufacturers Life Insurance Company , Natixis, Old Mutual Global Investors UK Ltd., BNP Paribas Arbitrage SA, Mackay Shields LLC and Eaton Vance Management. View Insider Buying and Selling for Baxter International.

Shares of BAX 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, Scottrade, Fidelity and Charles Schwab.

One share of BAX stock can currently be purchased for approximately $72.53.

Baxter International has a market capitalization of $38.84 billion and generates $10.56 billion in revenue each year. The medical instruments supplier earns $717 million in net income (profit) each year or $2.48 on an earnings per share basis. Baxter International employs 47,000 workers across the globe.

Baxter International's mailing address is One Baxter Parkway, DEERFIELD IL, 60015. The medical instruments supplier can be reached via phone at 224-948-2000 or via email at [email protected]