NYSE:CAH - Cardinal Health Stock Price, Forecast & News

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

Cardinal Health announced a quarterly dividend on Thursday, November 7th. Investors of record on Thursday, January 2nd will be given a dividend of $0.481 per share on Wednesday, January 15th. This represents a $1.92 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Tuesday, December 31st. View Cardinal Health's Dividend History.

Cardinal Health announced that its Board of Directors has approved a stock repurchase plan on Thursday, November 8th 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Cardinal Health Inc (NYSE:CAH) issued its quarterly earnings results on Thursday, November, 7th. The company reported $1.27 EPS for the quarter, beating the Zacks' consensus estimate of $1.09 by $0.18. The company had revenue of $37.34 billion for the quarter, compared to analyst estimates of $36.75 billion. Cardinal Health had a negative net margin of 2.81% and a positive return on equity of 32.25%. Cardinal Health's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.29 EPS. View Cardinal Health's Earnings History.

Cardinal Health is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Cardinal Health.

Cardinal Health will be holding an earnings conference call on Thursday, February 6th 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 FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $4.85-5.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.99.

6 brokers have issued 1-year target prices for Cardinal Health's stock. Their forecasts range from $41.00 to $55.00. On average, they expect Cardinal Health's share price to reach $50.00 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets for Cardinal Health.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardinal Health in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardinal Health.

News stories about CAH stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cardinal Health earned a news impact score of 0.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the next several days. View News Stories for Cardinal Health.

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

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), Exxon Mobil (XOM), CVS Health (CVS), Becton Dickinson and (BDX), Verizon Communications (VZ), PepsiCo (PEP), Gilead Sciences (GILD) and General Electric (GE).

Cardinal Health's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.25%), Exchange Traded Concepts LLC (0.17%), New York State Teachers Retirement System (0.13%), CWM LLC (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.06%) and Commerzbank Aktiengesellschaft FI (0.05%). Company insiders that own Cardinal Health stock include Jon L Giacomin, 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 Sumitomo Mitsui DS Asset Management Company Ltd, Dupont Capital Management Corp, CWM LLC, California Public Employees Retirement System, Nippon Life Global Investors Americas Inc., Harel Insurance Investments & Financial Services Ltd., New York State Teachers Retirement System and Zeke Capital Advisors LLC. View Insider Buying and Selling for Cardinal Health.

CAH stock was bought by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, Commerzbank Aktiengesellschaft FI, Sage Capital Advisors llc, Birch Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Strs Ohio, RFG Advisory LLC and Zurcher Kantonalbank Zurich Cantonalbank. 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 $53.80.

Cardinal Health has a market capitalization of $15.74 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]