Eli Lilly and - LLY Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LLY shares.
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12 analysts have issued twelve-month price targets for Eli Lilly and's stock. Their LLY share price forecasts range from $286.00 to $455.00. On average, they expect the company's share price to reach $384.11 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
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Eli Lilly and's stock was trading at $365.84 at the start of the year. Since then, LLY shares have decreased by 6.9% and is now trading at $340.73.
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Eli Lilly and saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 4,930,000 shares, a drop of 12.3% from the December 31st total of 5,620,000 shares. Based on an average daily volume of 2,840,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.6% of the company's shares are sold short.
View Eli Lilly and's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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Eli Lilly and Company (NYSE:LLY) announced 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 had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.39 billion. Eli Lilly and had a trailing twelve-month return on equity of 76.24% and a net margin of 21.88%. The firm's quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.49 EPS.
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Eli Lilly and declared a quarterly dividend on Monday, December 12th. Stockholders 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 yield of 1.33%. The ex-dividend date is Tuesday, February 14th. This is a positive change from the stock's previous quarterly dividend of $0.98.
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 1.16%. 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 56.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LLY will have a dividend payout ratio of 33.05% 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 repurchase program on Monday, May 3rd 2021, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

Eli Lilly and issued an update on its FY23 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) 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 number of retail and institutional investors. Top institutional shareholders include Lilly Endowment Inc. (10.83%), Fisher Asset Management LLC (0.42%), California Public Employees Retirement System (0.35%), Swiss National Bank (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.26%) and New York State Common Retirement Fund (0.16%). 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 $340.73.

Eli Lilly and (NYSE:LLY) has a market capitalization of $323.75 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 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.