Eli Lilly and - LLY Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and in the last year. There are currently 1 sell rating, 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LLY shares.
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14 analysts have issued 12 month price targets for Eli Lilly and's stock. Their LLY share price forecasts range from $278.00 to $444.00. On average, they expect the company's stock price to reach $382.05 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
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Eli Lilly and's stock was trading at $365.84 on January 1st, 2023. Since then, LLY shares have decreased by 8.5% and is now trading at $334.91.
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Eli Lilly and saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 8,120,000 shares, an increase of 19.2% from the February 28th total of 6,810,000 shares. Based on an average daily volume of 3,020,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.0% of the shares of the company are short sold.
View Eli Lilly and's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LLY earnings forecast.

Eli Lilly and will be holding an earnings conference call on Thursday, April 27th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Eli Lilly and Company (NYSE:LLY) posted its quarterly earnings data on Thursday, February, 2nd. The company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.83 by $0.26. The company earned $7.30 billion during the quarter, compared to the consensus estimate of $7.39 billion. Eli Lilly and had a net margin of 21.88% and a trailing twelve-month return on equity of 73.61%. Eli Lilly and's revenue for the quarter was down 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.49 earnings per share.
Read the conference call transcript.

Eli Lilly and announced a quarterly dividend on Monday, December 12th. Shareholders of record on Wednesday, February 15th will be given a dividend of $1.13 per share on Friday, March 10th. This represents a $4.52 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Tuesday, February 14th. This is a boost from the stock's previous quarterly dividend of $0.98.
Read our dividend analysis for LLY.

ETFs with the largest weight of Eli Lilly and (NYSE:LLY) stock in their portfolio include iShares U.S. Pharmaceuticals ETF (IHE), Harbor Health Care ETF (MEDI), Invesco Dynamic Pharmaceuticals ETF (PJP), Health Care Select Sector SPDR Fund (XLV), VanEck Pharmaceutical ETF (PPH), iShares U.S. Healthcare ETF (IYH), iShares MSCI USA Momentum Factor ETF (MTUM) and Fidelity MSCI Health Care Index ETF (FHLC).

Eli Lilly and (NYSE:LLY) pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 65.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LLY will have a dividend payout ratio of 39.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LLY.

Eli Lilly and announced that its board has initiated a stock buyback plan on Monday, May 3rd 2021, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Eli Lilly and updated its FY23 earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of $8.35-$8.55 for the period, compared to the consensus EPS estimate of $8.31. The company issued revenue guidance of $30.3-$30.8 billion, compared to the consensus revenue estimate of $30.57 billion.

399 employees have rated Eli Lilly and Chief Executive Officer David A. Ricks on Glassdoor.com. David A. Ricks has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eli Lilly and investors own include Johnson & Johnson (JNJ), Pfizer (PFE), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ) and JPMorgan Chase & Co. (JPM).

Eli Lilly and trades on the New York Stock Exchange (NYSE) under the ticker symbol "LLY."

Eli Lilly and's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Lilly Endowment Inc. (10.83%), PNC Financial Services Group Inc. (5.48%), Price T Rowe Associates Inc. MD (2.39%), Geode Capital Management LLC (1.55%), Morgan Stanley (1.27%) and Jennison Associates LLC (1.10%). Insiders that own company stock include Aarti S Shah, Acquisition Corp Kearny, Alfonso G Zulueta, Alonzo Weems, Anne E White, Donald A Zakrowski, Ilya Yuffa, Jackson P Tai, Lilly Endowment Inc, Marschall S Runge, Melissa S Barnes and Stephen F Fry.
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Shares of LLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LLY stock can currently be purchased for approximately $334.91.

Eli Lilly and (NYSE:LLY) has a market capitalization of $318.26 billion and generates $28.54 billion in revenue each year. The company earns $6.24 billion in net income (profit) each year or $6.90 on an earnings per share basis.

The company employs 39,000 workers across the globe.

Eli Lilly and's mailing address is LILLY CORPORATE CENTER, INDIANAPOLIS IN, 46285. The official website for the company is www.lilly.com. The company can be reached via phone at (317) 276-2000, via email at johnson_philip_l@lilly.com, or via fax at 317-276-4878.