Eli Lilly and (NYSE:LLY) is set to release its earnings data before the market opens on Wednesday, January 31st. Analysts expect Eli Lilly and to post earnings of $1.07 per share for the quarter.

Eli Lilly and (NYSE:LLY) last issued its quarterly earnings data on Tuesday, October 24th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.02. Eli Lilly and had a net margin of 9.90% and a return on equity of 30.27%. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.52 billion. During the same quarter in the prior year, the firm earned $0.88 earnings per share. The firm’s revenue was up 9.0% compared to the same quarter last year. On average, analysts expect Eli Lilly and to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Eli Lilly and (NYSE LLY) opened at $84.42 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.66. Eli Lilly and has a 12-month low of $74.00 and a 12-month high of $89.09. The stock has a market cap of $92,950.00, a price-to-earnings ratio of 40.20, a PEG ratio of 1.67 and a beta of 0.35.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.5625 per share. This is an increase from Eli Lilly and’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.25 annualized dividend and a dividend yield of 2.67%. Eli Lilly and’s dividend payout ratio is currently 99.05%.

Several brokerages have recently issued reports on LLY. Morgan Stanley set a $86.00 price objective on shares of Eli Lilly and and gave the stock a “hold” rating in a research report on Friday, October 6th. Leerink Swann increased their price objective on shares of Eli Lilly and from $92.00 to $93.00 and gave the stock a “market perform” rating in a research report on Monday, October 23rd. BMO Capital Markets set a $73.00 price objective on shares of Eli Lilly and and gave the stock a “sell” rating in a research report on Tuesday, October 24th. Credit Suisse Group downgraded shares of Eli Lilly and from an “outperform” rating to a “neutral” rating and increased their price objective for the stock from $84.23 to $88.00 in a research report on Tuesday, October 10th. Finally, Goldman Sachs Group downgraded shares of Eli Lilly and from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $86.98 to $95.00 in a research report on Tuesday, January 16th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $92.41.

In related news, major shareholder Lilly Endowment Inc sold 200,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $88.20, for a total value of $17,640,000.00. Following the completion of the transaction, the insider now owns 123,084,104 shares of the company’s stock, valued at $10,856,017,972.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Susan Mahony sold 36,585 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $86.18, for a total transaction of $3,152,895.30. Following the completion of the transaction, the senior vice president now directly owns 54,885 shares of the company’s stock, valued at approximately $4,729,989.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 251,088 shares of company stock valued at $22,041,236. 0.20% of the stock is owned by insiders.

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Eli Lilly and Company Profile

Eli Lilly and Company is engaged in drug manufacturing business. The Company discovers, develops, manufactures and markets products in two segments: human pharmaceutical products and animal health products. The Company’s human pharmaceutical business segment sells medicines, which are discovered or developed by its scientists.

Earnings History for Eli Lilly and (NYSE:LLY)

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