NYSE:MCK - McKesson Stock Price, Price Target & More

McKesson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCK."

McKesson announced a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, June 1st will be given a dividend of $0.34 per share on Monday, July 2nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Thursday, May 31st. View McKesson's Dividend History.

McKesson declared that its board has approved a share buyback program on Thursday, October 27th 2016, which permits the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 114% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

McKesson Co. (NYSE:MCK) issued its earnings results on Thursday, May, 24th. The company reported $3.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.56 by $0.07. The company had revenue of $51.63 billion for the quarter, compared to analysts' expectations of $51.36 billion. McKesson had a return on equity of 23.55% and a net margin of 0.03%. The business's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.41 earnings per share. View McKesson's Earnings History.

McKesson is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for McKesson.

McKesson issued an update on its FY19 earnings guidance on Thursday, May, 24th. The company provided earnings per share guidance of $13.00-13.80 for the period, compared to the Thomson Reuters consensus estimate of $13.38.

14 brokerages have issued 12-month price objectives for McKesson's stock. Their forecasts range from $130.00 to $205.00. On average, they expect McKesson's share price to reach $174.4286 in the next year. View Analyst Ratings for McKesson.

Some companies that are related to McKesson include AmerisourceBergen (ABC), Cardinal Health (CAH), Herbalife Nutrition (HLF), Nu Skin Enterprises (NUS), PetIQ (PETQ), Aceto (ACET), Trxade Group (TRXD), biOasis Technologies (BIOAF) and Medizone International (MZEI).

News headlines about MCK stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. McKesson earned a daily sentiment score of 0.22 on Accern's scale. They also assigned media stories about the company an impact score of 45.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

McKesson's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.60%), Massachusetts Financial Services Co. MA (3.37%), Boston Partners (1.96%), Pzena Investment Management LLC (1.28%), Northern Trust Corp (1.20%) and Kiltearn Partners LLP (0.93%). Company insiders that own McKesson stock include Erin M Lampert, James A Beer, John H Hammergren, Lori A Schechter, M Christine Jacobs, Marie L/Ca Knowles, Susan R Salka and Wayne A Budd. View Institutional Ownership Trends for McKesson.

MCK stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., BlackRock Inc., Taylor Asset Management Inc., Legal & General Group Plc, OMERS ADMINISTRATION Corp, Swiss National Bank, River & Mercantile Asset Management LLP and Prudential Financial Inc.. Company insiders that have sold McKesson company stock in the last year include Erin M Lampert, John H Hammergren, M Christine Jacobs and Marie L/Ca Knowles. View Insider Buying and Selling for McKesson.

MCK stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Swedbank, Natixis, Robeco Institutional Asset Management B.V., Wells Fargo & Company MN, Amundi Pioneer Asset Management Inc., Old Mutual Global Investors UK Ltd. and Kiltearn Partners LLP. Company insiders that have bought McKesson stock in the last two years include Lori A Schechter and Susan R Salka. View Insider Buying and Selling for McKesson.

Shares of MCK 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, Scottrade, Fidelity and Charles Schwab.

One share of MCK stock can currently be purchased for approximately $148.88.

McKesson has a market capitalization of $29.76 billion and generates $208.36 billion in revenue each year. The company earns $67 million in net income (profit) each year or $12.62 on an earnings per share basis. McKesson employs 78,000 workers across the globe.

McKesson's mailing address is ONE POST ST, SAN FRANCISCO CA, 94104. The company can be reached via phone at 415-983-8300 or via email at [email protected]