McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally. It operates in three segments: U.S. Pharmaceutical and Specialty Solutions, European Pharmaceutical Solutions, and Medical-Surgical Solutions. The company distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs, as well as other healthcare-related products; and offers practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices.
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Industry, Sector and Symbol
Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
Phone972-446-4800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$214.32 billion
Profitability
Miscellaneous
Employees80,000
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
McKesson (NYSE:MCK) Frequently Asked Questions
What is McKesson's stock symbol?
McKesson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCK."
How often does McKesson pay dividends? What is the dividend yield for McKesson?
McKesson declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.41 per share on Tuesday, October 1st. This represents a $1.64 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from McKesson's previous quarterly dividend of $0.39. View McKesson's Dividend History.
How were McKesson's earnings last quarter?
McKesson Co. (NYSE:MCK) issued its earnings results on Wednesday, July, 31st. The company reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.27. The business had revenue of $55.73 billion for the quarter, compared to analyst estimates of $54.03 billion. McKesson had a return on equity of 30.73% and a net margin of 0.27%. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.90 EPS. View McKesson's Earnings History.
When is McKesson's next earnings date?
What guidance has McKesson issued on next quarter's earnings?
McKesson issued an update on its FY20 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $14.00-14.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $14.12.
What price target have analysts set for MCK?
10 brokerages have issued 12 month price objectives for McKesson's shares. Their predictions range from $130.00 to $164.00. On average, they expect McKesson's stock price to reach $147.5556 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for McKesson.
What is the consensus analysts' recommendation for McKesson?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McKesson in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McKesson.
Has McKesson been receiving favorable news coverage?
Media headlines about MCK stock have been trending negative on Friday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. McKesson earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for McKesson.
Are investors shorting McKesson?
McKesson saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,675,200 shares, an increase of 17.3% from the July 31st total of 4,838,200 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 3.1% of the shares of the company are sold short. View McKesson's Current Options Chain.
Who are some of McKesson's key competitors?
What other stocks do shareholders of McKesson own?
Who are McKesson's key executives?
McKesson's management team includes the folowing people:
- Mr. John H. Hammergren, Chairman & CEO (Age 60)
- Britt J. Vitalone, CFO & Exec. VP (Age 50)
- Ms. Lori A. Schechter, Chief Compliance Officer, Exec. VP & Gen. Counsel (Age 57)
- Mr. Jorge L. Figueredo, Exec. VP & Chief HR Officer (Age 58)
- Mr. Bansi Nagji, Exec. VP and Chief Strategy & Bus. Devel. Officer (Age 54)
Who are McKesson's major shareholders?
McKesson's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.70%), BlackRock Inc. (8.16%), BlackRock Inc. (8.16%), Invesco Ltd. (2.98%), Boston Partners (2.43%) and Pzena Investment Management LLC (2.07%). Company insiders that own McKesson stock include Brian Scott Tyler, Britt J Vitalone, Erin M Lampert, John H Hammergren, Lori A Schechter, M Christine Jacobs, N Anthony Coles and Sundeep G Reddy. View Institutional Ownership Trends for McKesson.
Which major investors are selling McKesson stock?
MCK stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Boston Partners, UBS Group AG, Van ECK Associates Corp, Baupost Group LLC MA, Ruffer LLP, Renaissance Technologies LLC and Quest Capital Management Inc. ADV. Company insiders that have sold McKesson company stock in the last year include Brian Scott Tyler, Britt J Vitalone, Lori A Schechter, M Christine Jacobs and Sundeep G Reddy. View Insider Buying and Selling for McKesson.
Which major investors are buying McKesson stock?
MCK stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Royal Bank of Canada, BlackRock Inc., BlackRock Inc., APG Asset Management N.V., Pzena Investment Management LLC, Price T Rowe Associates Inc. MD and Tavio Capital LLC. View Insider Buying and Selling for McKesson.
How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.
What is McKesson's stock price today?
One share of MCK stock can currently be purchased for approximately $146.86.
How big of a company is McKesson?
McKesson has a market capitalization of $27.15 billion and generates $214.32 billion in revenue each year. The company earns $34 million in net income (profit) each year or $13.57 on an earnings per share basis. McKesson employs 80,000 workers across the globe.View Additional Information About McKesson.
What is McKesson's official website?
How can I contact McKesson?
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]
MarketBeat Community Rating for McKesson (NYSE MCK)
MarketBeat's community ratings are surveys of what our community members think about McKesson and other stocks. Vote "Outperform" if you believe MCK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCK will underperform the S&P 500 over the long term. You may vote once every thirty days.
