Eli Lilly and - LLY Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and in the last twelve months. There are currently 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LLY shares.
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16 brokerages have issued 12-month price objectives for Eli Lilly and's stock. Their LLY share price forecasts range from $264.00 to $412.00. On average, they predict the company's stock price to reach $330.44 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
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Eli Lilly and's stock was trading at $276.22 on January 1st, 2022. Since then, LLY stock has increased by 12.8% and is now trading at $311.60.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our LLY earnings forecast.

Eli Lilly and Company (NYSE:LLY) issued its quarterly earnings results on Thursday, August, 4th. The company reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.86 by $0.61. The company had revenue of $6.49 billion for the quarter, compared to the consensus estimate of $6.85 billion. Eli Lilly and had a trailing twelve-month return on equity of 85.58% and a net margin of 19.58%. The firm's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.87 earnings per share.
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Eli Lilly and announced a quarterly dividend on Monday, June 27th. Stockholders of record on Monday, August 15th will be paid a dividend of $0.98 per share on Friday, September 9th. This represents a $3.92 annualized dividend and a yield of 1.26%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for LLY.

Eli Lilly and (NYSE:LLY) pays an annual dividend of $3.92 per share and currently has a dividend yield of 1.28%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 62.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LLY will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LLY.

Eli Lilly and announced that its board has initiated a share buyback plan on Monday, May 3rd 2021, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

Eli Lilly and issued an update on its FY 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of $7.90-$8.05 for the period, compared to the consensus estimate of $8.08. The company issued revenue guidance of $28.80 billion-$29.30 billion, compared to the consensus revenue estimate of $28.27 billion.

399 employees have rated Eli Lilly and Chief Executive Officer David A. Ricks on Glassdoor.com. David A. Ricks has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eli Lilly and investors own include Johnson & Johnson (JNJ), Pfizer (PFE), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ) and JPMorgan Chase & Co. (JPM).

Eli Lilly and trades on the New York Stock Exchange (NYSE) under the ticker symbol "LLY."

Eli Lilly and's stock is owned by many different retail and institutional investors. Top institutional shareholders include Lilly Endowment Inc. (10.96%), State Street Corp (3.52%), FMR LLC (3.41%), Primecap Management Co. CA (2.99%), Price T Rowe Associates Inc. MD (2.15%) and Northern Trust Corp (1.15%). Insiders that own company stock include Aarti S Shah, Alfonso G Zulueta, Alonzo Weems, Anne E White, David A Ricks, Donald A Zakrowski, Ilya Yuffa, Jackson P Tai, Joshua L Smiley, Lilly Endowment Inc, Marschall S Runge, Melissa S Barnes, Myles O'neill and Stephen F Fry.
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Shares of LLY 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 LLY stock can currently be purchased for approximately $311.60.

Eli Lilly and (NYSE:LLY) has a market capitalization of $296.07 billion and generates $28.32 billion in revenue each year. The company earns $5.58 billion in net income (profit) each year or $6.27 on an earnings per share basis.

The company employs 35,000 workers across the globe.

Eli Lilly and was founded in 1876.

Eli Lilly and's mailing address is LILLY CORPORATE CENTER, INDIANAPOLIS IN, 46285. The official website for the company is www.lilly.com. The company can be reached via phone at (317) 276-2000, via email at johnson_philip_l@lilly.com, or via fax at 317-276-4878.