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. 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 1.01%. The ex-dividend date is Thursday, May 31st. View McKesson's Dividend History.

McKesson announced that its board has approved a share repurchase plan on Thursday, October 27th 2016, which authorizes the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 114% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

McKesson Co. (NYSE:MCK) issued its earnings results on Thursday, May, 24th. The company reported $3.49 EPS for the quarter, missing analysts' consensus estimates 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 firm's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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 updated its FY19 earnings guidance on Thursday, June, 28th. The company provided EPS 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 equities research analysts have issued twelve-month target prices for McKesson's stock. Their forecasts range from $130.00 to $205.00. On average, they expect McKesson's stock price to reach $171.8462 in the next twelve months. This suggests a possible upside of 27.7% 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 articles about MCK stock have trended somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. McKesson earned a daily sentiment score of 0.06 on Accern's scale. They also assigned news headlines about the company an impact score of 45.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

McKesson's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Swedbank (0.31%), Hexavest Inc. (0.20%), Bank of Montreal Can (0.09%), Assenagon Asset Management S.A. (0.06%), Retirement Systems of Alabama (0.05%) and Rockland Trust Co. (0.03%). 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 Bank of Montreal Can, Investment House LLC, Regent Investment Management LLC, Retirement Systems of Alabama, Acropolis Investment Management LLC, NN Investment Partners Holdings N.V., Atria Investments LLC and American National Bank. 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Clinton Group Inc., Founders Capital Management LLC, Swedbank, State of Alaska Department of Revenue, Fox Run Management L.L.C., Calamos Advisors LLC and DnB Asset Management AS. 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 $134.58.

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]