Viatris - VTRS Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Viatris in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VTRS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VTRS, but not buy additional shares or sell existing shares.
View VTRS analyst ratings or view top-rated stocks.

5 equities research analysts have issued 1 year target prices for Viatris' shares. Their VTRS share price forecasts range from $9.00 to $19.00. On average, they predict the company's share price to reach $12.40 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for VTRS or view top-rated stocks among Wall Street analysts.

Viatris' stock was trading at $13.53 at the start of the year. Since then, VTRS shares have decreased by 28.2% and is now trading at $9.72.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our VTRS earnings forecast.

Viatris Inc. (NASDAQ:VTRS) issued its quarterly earnings results on Monday, August, 8th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.57. The firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.18 billion. Viatris had a trailing twelve-month return on equity of 21.30% and a net margin of 4.43%. The firm's revenue for the quarter was down 10.0% on a year-over-year basis. During the same period last year, the firm posted $0.98 EPS.
Read the conference call transcript.

Viatris announced a quarterly dividend on Monday, August 8th. Shareholders of record on Wednesday, August 24th will be given a dividend of $0.12 per share on Friday, September 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Tuesday, August 23rd.
Read our dividend analysis for VTRS.

Viatris (NASDAQ:VTRS) pays an annual dividend of $0.48 per share and currently has a dividend yield of 5.10%. VTRS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VTRS will have a dividend payout ratio of 14.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VTRS.

Viatris announced that its Board of Directors has authorized a stock buyback plan on Monday, February 28th 2022, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Viatris updated its FY 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $16.20 billion-$16.70 billion, compared to the consensus revenue estimate of $17.04 billion.

8 employees have rated Viatris Chief Executive Officer Michael Goettler on Glassdoor.com. Michael Goettler has an approval rating of 85% among the company's employees.

Viatris trades on the NASDAQ under the ticker symbol "VTRS."

Viatris' stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (4.79%), Laurion Capital Management LP (1.52%), Northern Trust Corp (1.02%), AQR Capital Management LLC (0.83%), Legal & General Group Plc (0.72%) and Goldman Sachs Group Inc. (0.62%). Insiders that own company stock include Der Meer Mohr Pauline Van, James M Kilts, Menassie Taddese, Michael Goettler, Robert J Coury and W Don Cornwell.
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Shares of VTRS stock 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.
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One share of VTRS stock can currently be purchased for approximately $9.72.

Viatris (NASDAQ:VTRS) has a market capitalization of $11.79 billion and generates $17.89 billion in revenue each year. The company earns $-1,269,100,000.00 in net income (profit) each year or $0.63 on an earnings per share basis.

The company employs 37,000 workers across the globe.

Viatris' mailing address is 1000 MYLAN BOULEVARD, CANONSBURG PA, 15317. The official website for the company is www.viatris.com. The company can be reached via phone at (724) 514-1800, via email at investorrelations@viatris.com, or via fax at 724-514-1870.