Cardinal Health Stock Price, News & Analysis (NYSE:CAH)

Cardinal Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAH."

Cardinal Health announced a quarterly dividend on Thursday, August 8th. Investors of record on Tuesday, October 1st will be paid a dividend of $0.4811 per share on Tuesday, October 15th. This represents a $1.92 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Monday, September 30th. View Cardinal Health's Dividend History.

Cardinal Health announced that its board has authorized a share buyback program on Thursday, November 8th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Cardinal Health Inc (NYSE:CAH) posted its earnings results on Thursday, August, 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.18. The company earned $37.35 billion during the quarter, compared to analyst estimates of $36.70 billion. Cardinal Health had a net margin of 0.94% and a return on equity of 25.96%. Cardinal Health's revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $1.01 EPS. View Cardinal Health's Earnings History.

Cardinal Health is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Cardinal Health.

Cardinal Health will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cardinal Health updated its FY20 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $4.85 to $5.10 for the period, compared to the Thomson Reuters consensus estimate of $5.10.

9 analysts have issued 1-year price targets for Cardinal Health's stock. Their predictions range from $41.00 to $61.00. On average, they expect Cardinal Health's stock price to reach $52.86 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Cardinal Health.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardinal Health.

Media stories about CAH stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cardinal Health earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Cardinal Health.

Cardinal Health saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 21,200,000 shares, an increase of 5.3% from the August 30th total of 20,130,000 shares. Based on an average daily trading volume, of 2,830,000 shares, the short-interest ratio is presently 7.5 days. Currently, 7.3% of the shares of the company are sold short. View Cardinal Health's Current Options Chain.

Some companies that are related to Cardinal Health include McKesson (MCK), AmerisourceBergen (ABC), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Trxade Group (TRXD), biOasis Technologies (BIOAF) and Aceto (ACET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardinal Health investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), CVS Health (CVS), Exxon Mobil (XOM), Becton Dickinson and (BDX), General Electric (GE), Gilead Sciences (GILD), PepsiCo (PEP) and Pfizer (PFE).

Cardinal Health's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.34%), Envestnet Asset Management Inc. (0.10%), Pacer Advisors Inc. (0.05%), Nisa Investment Advisors LLC (0.04%), Commerzbank Aktiengesellschaft FI (0.04%) and Keystone Financial Planning Inc. (0.03%). Company insiders that own Cardinal Health stock include Jon L Giacomin, Michael C Kaufmann, Patricia Morrison and Stuart G Laws. View Institutional Ownership Trends for Cardinal Health.

CAH stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meeder Asset Management Inc., Ferguson Wellman Capital Management Inc., Regent Investment Management LLC, Nisa Investment Advisors LLC, Keystone Financial Planning Inc., Crossmark Global Holdings Inc. and Tompkins Financial Corp. View Insider Buying and Selling for Cardinal Health.

CAH stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Exane Derivatives, Envestnet Asset Management Inc., Commerzbank Aktiengesellschaft FI, Zeke Capital Advisors LLC, Thomasville National Bank, Rockland Trust Co. and Riverview Trust Co. View Insider Buying and Selling for Cardinal Health.

Shares of CAH 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 CAH stock can currently be purchased for approximately $51.54.

Cardinal Health has a market capitalization of $15.07 billion and generates $145.53 billion in revenue each year. The company earns $1.36 billion in net income (profit) each year or $5.28 on an earnings per share basis. Cardinal Health employs 31,000 workers across the globe.View Additional Information About Cardinal Health.

The official website for Cardinal Health is http://www.cardinalhealth.com/.

Cardinal Health's mailing address is 7000 CARDINAL PLACE, DUBLIN OH, 43017. The company can be reached via phone at 614-757-5000 or via email at [email protected]