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 paid a dividend of $0.34 per share on Monday, July 2nd. This represents a $1.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Thursday, May 31st. View McKesson's Dividend History.

McKesson declared that its Board of Directors has authorized a share buyback program on Thursday, October 27th 2016, which authorizes the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 114% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.

McKesson Co. (NYSE:MCK) released its quarterly earnings data on Thursday, May, 24th. The company reported $3.49 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.56 by $0.07. The business had revenue of $51.63 billion for the quarter, compared to analyst estimates of $51.36 billion. McKesson had a net margin of 0.03% and a return on equity of 23.55%. The company's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $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, June, 28th. The company provided EPS guidance of $13.00-13.80 for the period, compared to the Thomson Reuters consensus EPS 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 anticipate McKesson's share price to reach $171.8462 in the next year. This suggests a possible upside of 27.9% 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).

Media coverage about MCK stock has been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. McKesson earned a news impact score of -0.08 on Accern's scale. They also assigned headlines about the company an impact score of 42.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

McKesson's stock is owned by a variety of of institutional and retail 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 Westpac Banking Corp (0.04%). 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., Pendal Group Ltd and Atria Investments LLC. 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 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 $134.34.

McKesson has a market capitalization of $27.36 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]