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

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

McKesson declared a quarterly dividend on Thursday, April 26th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.34 per share on Monday, July 2nd. This represents a $1.36 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend 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 repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 114% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

McKesson Co. (NYSE:MCK) released its quarterly earnings results on Thursday, May, 24th. The company reported $3.49 earnings per share for the quarter, missing the consensus estimate of $3.56 by $0.07. The firm had revenue of $51.63 billion for the quarter, compared to analysts' expectations of $51.36 billion. McKesson had a net margin of 0.03% and a return on equity of 23.55%. The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.41 EPS. 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, June, 28th. The company provided earnings per share guidance of $13.00-13.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.34. McKesson also updated its Q1 guidance to $2.85-2.95 EPS.

14 Wall Street analysts have issued 12 month price objectives for McKesson's shares. Their forecasts range from $130.00 to $205.00. On average, they expect McKesson's share price to reach $171.8462 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Ratings for McKesson.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News stories about MCK stock have been trending positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McKesson earned a coverage optimism score of 0.28 on Accern's scale. They also gave news stories about the company an impact score of 45.74 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

McKesson's stock is owned by many different of institutional and retail investors. Top institutional investors include Swedbank (0.31%), Hexavest Inc. (0.20%), Rockland Trust Co. (0.03%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Founders Capital Management LLC (0.03%) and Clinton Group Inc. (0.02%). Company insiders that own McKesson stock include Erin M Lampert, 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 Investment House LLC, Acropolis Investment Management LLC, NN Investment Partners Holdings N.V., Atria Investments LLC, American National Bank, Trust Department MB Financial Bank N A, Gateway Investment Advisers LLC and Park National Corp OH. 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 bought by a variety of institutional investors in the last quarter, including Clinton Group Inc., Founders Capital Management LLC, Swedbank, State of Alaska Department of Revenue, DnB Asset Management AS, IFM Investors Pty Ltd, Campbell & CO Investment Adviser LLC and Rockland Trust Co.. 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 $136.59.

McKesson has a market capitalization of $27.56 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]