McKesson Stock Forecast, Price & News

McKesson's stock was trading at $135.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MCK stock has increased by 35.2% and is now trading at $182.79.
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13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" McKesson stock.
View analyst ratings for McKesson or view MarketBeat's top 5 stock picks.

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6,978 employees have rated McKesson CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among McKesson's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

McKesson is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for McKesson.

McKesson will be holding an earnings conference call on Tuesday, February 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

McKesson Co. (NYSE:MCK) posted its quarterly earnings data on Sunday, November, 8th. The company reported $4.80 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.87 by $0.93. The firm had revenue of $60.81 billion for the quarter, compared to the consensus estimate of $59.35 billion. McKesson had a net margin of 0.95% and a return on equity of 45.52%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.60 EPS.
View McKesson's earnings history.

McKesson announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.42 per share on Monday, January 4th. This represents a $1.68 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Monday, November 30th.
View McKesson's dividend history.

McKesson pays an annual dividend of $1.68 per share and currently has a dividend yield of 0.91%. McKesson has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of McKesson is 11.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, McKesson will have a dividend payout ratio of 9.63% next year. This indicates that McKesson will be able to sustain or increase its dividend.
View McKesson's dividend history.

McKesson updated its FY21 earnings guidance on Tuesday, November, 3rd. The company provided EPS guidance of $16.00-16.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $15.18.

13 brokerages have issued 12 month price targets for McKesson's shares. Their forecasts range from $165.00 to $222.00. On average, they anticipate McKesson's stock price to reach $185.62 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for McKesson or view Wall Street analyst' top-rated stocks.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other McKesson investors own include The Walt Disney (DIS), Johnson & Johnson (JNJ), Gilead Sciences (GILD), CVS Health (CVS), AbbVie (ABBV), Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), UnitedHealth Group (UNH) and The Home Depot (HD).

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

McKesson's stock is owned by a number of institutional and retail investors. Top institutional investors include Scharf Investments LLC (0.52%), Signature Estate & Investment Advisors LLC (0.11%), Wedge Capital Management L L P NC (0.10%), Contravisory Investment Management Inc. (0.02%), Pacer Advisors Inc. (0.02%) and Thompson Investment Management Inc. (0.02%). Company insiders that own McKesson stock include Brian S Tyler, Brian Scott Tyler, Britt J Vitalone, Lori A Schechter, M Christine Jacobs, Marie L/Ca Knowles, Sundeep G Reddy and Tracy Faber.
View institutional ownership trends for McKesson.

MCK stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Limited, Tributary Capital Management LLC, Crossmark Global Holdings Inc., Scharf Investments LLC, Hexavest Inc., Pacer Advisors Inc., Busey Wealth Management, and Donald L. Hagan LLC. Company insiders that have sold McKesson company stock in the last year include Brian S Tyler, Britt J Vitalone, Lori A Schechter, Marie L/Ca Knowles, Sundeep G Reddy, and Tracy Faber.
View insider buying and selling activity for McKesson or view top insider-selling stocks.

MCK stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Kestra Advisory Services LLC, TrimTabs Asset Management LLC, Strategic Wealth Designers, Signature Estate & Investment Advisors LLC, Campbell Capital Management Inc., Capital Investment Advisors LLC, and DAVENPORT & Co LLC.
View insider buying and selling activity for McKesson or or view top insider-buying stocks.

Shares of MCK 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.

One share of MCK stock can currently be purchased for approximately $182.79.

McKesson has a market capitalization of $29.35 billion and generates $231.05 billion in revenue each year. The company earns $900 million in net income (profit) each year or $14.95 on an earnings per share basis. McKesson employs 80,000 workers across the globe.

The official website for McKesson is www.mckesson.com.

McKesson's mailing address is 6555 STATE HWY 161, IRVING TX, 75039. The company can be reached via phone at 972-446-4800 or via email at [email protected]