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 declared a quarterly dividend on Tuesday, May 8th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.19 per share on Monday, July 2nd. This represents a $0.76 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, May 31st. This is an increase from Baxter International's previous quarterly dividend of $0.16. View Baxter International's Dividend History.

Baxter International declared that its Board of Directors has initiated a stock 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. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Baxter International (NYSE:BAX) posted its quarterly earnings data on Thursday, April, 26th. The medical instruments supplier reported $0.70 EPS for the quarter, beating the consensus estimate of $0.62 by $0.08. The medical instruments supplier earned $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Baxter International had a net margin of 7.75% and a return on equity of 15.70%. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business 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 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 brokerages have issued 1-year target prices for Baxter International's shares. Their predictions range from $62.00 to $83.00. On average, they expect Baxter International's share price to reach $72.7333 in the next year. 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), Penumbra (PEN), Cantel Medical (CMD), Insulet (PODD) and Globus Medical (GMED).

Headlines about BAX stock have trended very positive this week, Accern reports. Accern rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Baxter International earned a media sentiment score of 0.65 on Accern's scale. They also gave press coverage about the medical instruments supplier an impact score of 46.69 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Baxter International's stock is owned by a variety of of institutional and retail 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 acquired 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 $72.87.

Baxter International has a market capitalization of $38.74 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]