Eli Lilly and - LLY Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LLY shares.
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17 analysts have issued 12-month price targets for Eli Lilly and's stock. Their LLY share price forecasts range from $286.00 to $446.00. On average, they expect the company's share price to reach $369.14 in the next twelve months. This suggests that the stock has a possible downside of 0.8%.
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Eli Lilly and's stock was trading at $276.22 at the beginning of 2022. Since then, LLY shares have increased by 34.7% and is now trading at $371.97.
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Eli Lilly and saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 5,610,000 shares, a decrease of 8.0% from the October 31st total of 6,100,000 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is presently 1.9 days. Approximately 0.7% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
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Eli Lilly and Company (NYSE:LLY) posted its earnings results on Monday, October, 25th. The company reported $1.94 earnings per share for the quarter, missing analysts' consensus estimates of $1.98 by $0.04. The business had revenue of $6.77 billion for the quarter, compared to analysts' expectations of $6.64 billion. Eli Lilly and had a trailing twelve-month return on equity of 80.80% and a net margin of 20.63%. Eli Lilly and's quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.54 EPS.
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Eli Lilly and announced a quarterly dividend on Monday, October 17th. Investors of record on Tuesday, November 15th will be paid a dividend of $0.98 per share on Friday, December 9th. This represents a $3.92 annualized dividend and a yield of 1.05%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for LLY.

Eli Lilly and (NYSE:LLY) pays an annual dividend of $3.92 per share and currently has a dividend yield of 1.06%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 58.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LLY will have a dividend payout ratio of 42.89% 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 declared that its board has approved a stock repurchase program on Monday, May 3rd 2021, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Eli Lilly and updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $7.70-$7.85 for the period, compared to the consensus earnings per share estimate of $7.99. The company issued revenue guidance of $28.50 billion-$29.00 billion, compared to the consensus revenue estimate of $28.85 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 institutional and retail investors. Top institutional investors include Lilly Endowment Inc. (10.92%), Vanguard Group Inc. (7.64%), State Street Corp (3.53%), Primecap Management Co. CA (2.95%), Price T Rowe Associates Inc. MD (2.61%) and Jennison Associates LLC (1.06%). Insiders that own company stock include Aarti S Shah, Acquisition Corp Kearny, Alfonso G Zulueta, Alonzo Weems, Donald A Zakrowski, Ilya Yuffa, Jackson P Tai, Lilly Endowment Inc, Marschall S Runge, Melissa S Barnes, Myles O'neill 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 $371.97.

Eli Lilly and (NYSE:LLY) has a market capitalization of $353.44 billion and generates $28.32 billion in revenue each year. The company earns $5.58 billion in net income (profit) each year or $6.66 on an earnings per share basis.

The company employs 35,000 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.