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 declared 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 yield of 3.79%. 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 repurchase plan on Thursday, November 8th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

Cardinal Health Inc (NYSE:CAH) announced its quarterly earnings data on Thursday, August, 8th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.18. The business earned $37.35 billion during the quarter, compared to analysts' expectations of $36.70 billion. Cardinal Health had a return on equity of 25.96% and a net margin of 0.94%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $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 issued an update on its FY20 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $4.85 to $5.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.10.

9 Wall Street analysts have issued 12 month target prices for Cardinal Health's stock. Their predictions range from $41.00 to $61.00. On average, they expect Cardinal Health's share price to reach $52.86 in the next year. This suggests a possible upside of 4.2% 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 trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. 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 2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect 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 trading volume of 2,830,000 shares, the days-to-cover ratio is presently 7.5 days. Approximately 7.3% of the company's stock are short sold. View Cardinal Health's Current Options Chain.

Some companies that are related to Cardinal Health include McKesson (MCK), AmerisourceBergen (ABC), Henry Schein (HSIC), Patterson Companies (PDCO), Owens & Minor (OMI) and MWI Veterinary Supply (MWIV).

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 many different of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.34%), CWM LLC (0.11%), Envestnet Asset Management Inc. (0.10%), Pacer Advisors Inc. (0.05%), Brinker Capital Inc. (0.04%) and Nisa Investment Advisors LLC (0.04%). 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 CWM LLC, State of Alaska Department of Revenue, Nippon Life Global Investors Americas Inc., Convergence Investment Partners LLC, Meeder Asset Management Inc., Ferguson Wellman Capital Management Inc., Regent Investment Management LLC and Nisa Investment Advisors LLC. 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, Brinker Capital Inc. and Rockland 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 $50.74.

Cardinal Health has a market capitalization of $14.84 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]