Should I buy or sell Eli Lilly and Company stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and Company in the last year. There are currently 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LLY shares. View LLY analyst ratings or view top-rated stocks .

What is Eli Lilly and Company's stock price target for 2024?

19 brokerages have issued twelve-month target prices for Eli Lilly and Company's stock. Their LLY share price targets range from $458.00 to $1,000.00. On average, they predict the company's stock price to reach $728.05 in the next year. This suggests that the stock has a possible downside of 3.1%. View analysts price targets for LLY or view top-rated stocks among Wall Street analysts .

How have LLY shares performed in 2024?

Eli Lilly and Company's stock was trading at $582.92 on January 1st, 2024. Since then, LLY shares have increased by 28.9% and is now trading at $751.20. View the best growth stocks for 2024 here .

Are investors shorting Eli Lilly and Company?

Eli Lilly and Company saw a increase in short interest in February. As of February 29th, there was short interest totaling 5,420,000 shares, an increase of 5.2% from the February 14th total of 5,150,000 shares. Based on an average daily trading volume, of 3,280,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company's stock are sold short. View Eli Lilly and Company's Short Interest .

When is Eli Lilly and Company's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our LLY earnings forecast .

How can I listen to Eli Lilly and Company's earnings call?

Eli Lilly and Company will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Eli Lilly and Company's earnings last quarter?

Eli Lilly and Company (NYSE:LLY) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $2.49 EPS for the quarter, topping analysts' consensus estimates of $2.30 by $0.19. The firm earned $9.35 billion during the quarter, compared to analysts' expectations of $8.95 billion. Eli Lilly and Company had a net margin of 15.36% and a trailing twelve-month return on equity of 51.22%. The company's revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.09 earnings per share. Read the conference call transcript .

How often does Eli Lilly and Company pay dividends? What is the dividend yield for Eli Lilly and Company?

Eli Lilly and Company announced a quarterly dividend on Friday, December 8th. Stockholders of record on Thursday, February 15th will be paid a dividend of $1.30 per share on Friday, March 8th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Wednesday, February 14th. This is an increase from the stock's previous quarterly dividend of $1.13. Read our dividend analysis for LLY .

Is Eli Lilly and Company a good dividend stock?

Eli Lilly and Company (NYSE:LLY) pays an annual dividend of $5.20 per share and currently has a dividend yield of 0.69%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 89.66%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LLY will have a dividend payout ratio of 28.31% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LLY .

What ETFs hold Eli Lilly and Company's stock?

ETFs with the largest weight of Eli Lilly and Company (NYSE:LLY) stock in their portfolio include iShares U.S. Pharmaceuticals ETF (IHE) , Horizon Kinetics Medical ETF (MEDX) , iShares U.S. Healthcare ETF (IYH) , Health Care Select Sector SPDR Fund (XLV) , Vanguard Health Care Index Fund ETF Shares (VHT) , ProShares Ultra Health Care (RXL) , Goldman Sachs Future Health Care Equity ETF (GDOC) and Fidelity MSCI Health Care Index ETF (FHLC) .

What guidance has Eli Lilly and Company issued on next quarter's earnings?

Eli Lilly and Company updated its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of $12.20-12.70 for the period, compared to the consensus earnings per share estimate of $12.39. The company issued revenue guidance of $40.4-41.6 billion, compared to the consensus revenue estimate of $39.27 billion.

What is David A. Ricks' approval rating as Eli Lilly and Company's CEO?

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

What other stocks do shareholders of Eli Lilly and Company own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eli Lilly and Company 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) .

Who are Eli Lilly and Company's major shareholders?

Eli Lilly and Company's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.05%), Global Assets Advisory LLC (0.04%), Sarasin & Partners LLP (0.03%), Congress Asset Management Co. MA (0.02%), Cardano Risk Management B.V. (0.02%) and Gateway Investment Advisers LLC (0.02%). Insiders that own company stock include Acquisition Corp Kearny, Alonzo Weems , Anne E White , Donald A Zakrowski , Ilya Yuffa , Jackson P Tai , Johna Norton , Lilly Endowment Inc, Marschall S Runge and Patrik Jonsson. View institutional ownership trends .

How do I buy shares of Eli Lilly and Company?

Shares of LLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Eli Lilly and Company have any subsidiaries?

The following companies are subsidiares of Eli Lilly and Company: 1096401 B.C. Unlimited Liability Company, ARMO Biosciences Inc., Acanthas Pharma Inc., Advanced Cardiovascular Systems, Alnara Pharmaceuticals, Alnara Pharmaceuticals Inc., Andean Technical Operations Center, Applied Molecular Evolution Inc., AurKa Pharma Inc., Avid Radiopharmaceuticals, Avid Radiopharmaceuticals Inc., ChemGen, CoLucid Pharmaceuticals, CoLucid Pharmaceuticals Inc., Compania Farmaceutica Eli Lilly de Centro America S.A., Dermira, Dermira Canada, Dermira Inc., Devices for Vascular Intervention(DVI), Disarm Therapeutics, Disarm Therapeutics, Disarm Therapeutics Inc., Dista Ilac Ticaret Ltd. Sti., Dista S.A., Dista-Produtos Quimicos & Farmaceuticos LDA, ELCO Dominicana SRL, ELCO Insurance Company Limited, ELCO Management Inc., ELCO for Trade and Marketing S.A.E., ELGO Insurance Company Limited, Elanco Animal Health Ireland Limited, Elanco Switzerland Holding Sarl, Eli Lilly (Malaysia) Sdn. Bhd., Eli Lilly (Philippines) Incorporated, Eli Lilly (S.A.) (Proprietary) Limited, Eli Lilly (Singapore) Pte. Ltd., Eli Lilly (Suisse) S.A., Eli Lilly Asia Inc., Eli Lilly Asia Pacific SSC Sdn Bhd, Eli Lilly Australia Pty. Limited, Eli Lilly B-H d.o.o., Eli Lilly Benelux S.A., Eli Lilly Bienes y Servicios S de RL de CV, Eli Lilly CR s.r.o., Eli Lilly Canada Inc., Eli Lilly Cork Limited, Eli Lilly Danmark A/S, Eli Lilly Egypt for Trading, Eli Lilly European Clinical Trial Services SA, Eli Lilly Export S.A., Eli Lilly Finance S.A., Eli Lilly Ges.m.b.H., Eli Lilly Group Limited, Eli Lilly Holdings Ltd., Eli Lilly Hrvatska d.o.o., Eli Lilly Interamerica Inc., Eli Lilly Interamerica Inc. y Compania Limitada, Eli Lilly International Corporation, Eli Lilly Ireland Holdings Limited, Eli Lilly Israel Ltd., Eli Lilly Italia S.p.A., Eli Lilly Japan K.K., Eli Lilly Kinsale Limited, Eli Lilly Nederland B.V., Eli Lilly Nigeria Ltd., Eli Lilly Norge A.S., Eli Lilly Pakistan (Pvt.) Ltd., Eli Lilly Polska Sp.z.o.o. (Ltd.), Eli Lilly Regional Operations GmbH, Eli Lilly Romania SRL, Eli Lilly S.A., Eli Lilly Saudi Arabia Limited, Eli Lilly Services India Private Limited, Eli Lilly Slovakia s.r.o., Eli Lilly Sweden AB, Eli Lilly Vostok S.A. Geneva, Eli Lilly and Company, Eli Lilly and Company (India) Pvt. Ltd., Eli Lilly and Company (Ireland) Limited, Eli Lilly and Company (N.Z.) Limited, Eli Lilly and Company (Taiwan) Inc., Eli Lilly and Company Limited, Eli Lilly do Brasil Limitada, Eli Lilly farmacevtska druzba d.o.o., Eli Lilly y Compania de Mexico S.A. de C.V., Eli Lilly y Compania de Venezuela S.A., Glycostasis Inc., Greenfield-Produtos Farmaceuticos Lda., Heart Rhythm Technologies Inc, Hybritech, Hypnion, ICOS Corporation, ICOS Corporation, ImClone GmbH, ImClone LLC, ImClone Systems Holdings Inc., ImClone Systems LLC, Imclone Systems, Irisfarma S.A., Ivy Animal Health, LDH I Corporation, Lilly (Shanghai) Management Co. Ltd., Lilly Asia Ventures Fund I L.P., Lilly Asia Ventures Fund II L.P., Lilly Asian Ventures Fund III L.P., Lilly Cayman Holdings, Lilly Centre for Clinical Pharmacology PTE. LTD., Lilly China Research and Development Co. Ltd, Lilly Deutschland GmbH, Lilly France S.A.S., Lilly Global Nederland Holdings B.V., Lilly Global Services Inc., Lilly Holding GmbH, Lilly Holdings B.V., Lilly Hungaria KFT, Lilly Japan Financing G.K., Lilly Korea Ltd., Lilly Nederland Finance B.V., Lilly Nederland Finance B.V. - GCC, Lilly Nederland Holding B.V., Lilly Pharma Ltd., Lilly Portugal - Produtos Farmaceuticos Lda., Lilly S.A., Lilly Suzhou Pharmaceutical Co. Ltd., Lilly Trading Co. LTD, Lilly USA LLC, Lilly Ventures Fund I LLC, Lilly del Caribe Inc., Lilly ilaç ticaret limited şirketi, Lohmann Animal Health, Loxo Oncology, Loxo Oncology Inc., Novartis Animal Health, OY Eli Lilly Finland AB, Origin Medsystems, PT. Eli Lilly Indonesia, Pacific Biotech, Petra Pharma Corporation, Pharmaserve-Lilly S.A.C.I., Pharmaserve-Lilly S.A.C.I., Physio-Control, Prevail Therapeutics Inc., Protomer Technologies, SGX Pharmaceuticals, SGX Pharmaceuticals Inc., Spaly Bioquimica S.A., UAB Eli Lilly Lietuva, Valquifarma S.A., and Vital Pharma Productos Farmaceuticos. Read More

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NYSE:LLY

Eli Lilly and Company (LLY) Stock Price, News & Analysis

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$751.20

-0.44 (-0.06%)

(As of 04/15/2024 ET)

Compare

Today's Range: $749.52
▼
$768.00
50-Day Range: $705.01
▼
$792.28
52-Week Range: $367.35
▼
$800.78

Volume: 2.36 million shs
Average Volume: 3.09 million shs
Market Capitalization: $713.76 billion

P/E Ratio: 129.52
Dividend Yield: 0.69%
Price Target: $728.05

Get Eli Lilly and Company alerts:

Eli Lilly and Company MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.84 Rating Score
Upside/Downside: 3.1% Downside
$728.05 Price Target
Short Interest: Healthy
0.64% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.25
Upright™ Environmental Score
News Sentiment: 0.50
Based on 54 Articles This Week
Insider Trading: Selling Shares
$86.54 M Sold Last Quarter
Proj. Earnings Growth: 47.43%
From $12.46 to $18.37 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Medical Sector

34th out of 929 stocks

Pharmaceutical Preparations Industry

14th out of 422 stocks

2.4

Analyst's Opinion

Consensus Rating
Eli Lilly and Company has received a consensus rating of Moderate Buy. The company's average rating score is 2.84, and is based on 16 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Eli Lilly and Company has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
0.64% of the float of Eli Lilly and Company has been sold short.
Short Interest Ratio / Days to Cover
Eli Lilly and Company has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eli Lilly and Company has recently decreased by 2.17%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Eli Lilly and Company has a dividend yield of 0.69%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Eli Lilly and Company has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Eli Lilly and Company is 89.66%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Eli Lilly and Company will have a dividend payout ratio of 28.31% next year. This indicates that Eli Lilly and Company will be able to sustain or increase its dividend.

4.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Eli Lilly and Company has received a 56.49% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Peptide analogs", "Pemetrexed", "Insulin", and "SGLT2 inhibitors" products. See details.
Environmental Sustainability
The Environmental Impact score for Eli Lilly and Company is -2.25.

2.5

News and Social Media Coverage

News Sentiment
Eli Lilly and Company has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 54 news articles for Eli Lilly and Company this week, compared to 33 articles on an average week.
Search Interest
Only 155 people have searched for LLY on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
MarketBeat Follows
185 people have added Eli Lilly and Company to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eli Lilly and Company insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $86,537,034.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of Eli Lilly and Company is held by insiders.
Percentage Held by Institutions
82.53% of the stock of Eli Lilly and Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Eli Lilly and Company are expected to grow by 47.43% in the coming year, from $12.46 to $18.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eli Lilly and Company is 129.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eli Lilly and Company is 129.52, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 249.28.
Price to Earnings Growth Ratio
Eli Lilly and Company has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Eli Lilly and Company has a P/B Ratio of 65.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Eli Lilly and Company Stock (NYSE:LLY)

Eli Lilly and Company is a US-based multinational pharmaceutical company. It is the 12th largest pharmaceutical company by revenue and has offices in 16 countries. Its medicines are sold in at least 125 countries including its 8 blockbuster drugs. The company is a member of the S&P 500 and S&P 100 indices, it brought in roughly $5.5 billion in revenue for 2021 and employs more than 35,000 people across its network of research and production facilities.

Eli Lilly and Company was founded in 1876 by Colonel Eli Lilly. The colonel, a veteran of the Civil War, had recently dissolved an unsatisfactory partnership and set on his own to produce and develop medicinal chemicals. Colonel Lilly remained as president until his death in 1898. His charge to his family, company and coworkers was to “take what you find here and make it better and better”. The company is well-known for many drugs, including the first mass-marketing of quinine to treat malaria.

The company brought in $4,470 in its first year and saw that figure grow 10X over the next 3. Among the many innovations during this time period is the addition of gelation coatings for pills which helped set the company up for rapid expansion. The company was incorporated in 1881 as Eli Lilly and Company issuing stock to family and friends. The 1900s brought about more change for the company, change in the form of expansion which included international markets.

Advancements during the war years included increases in efficiency due to increased automation and the development of precision technologies. Among the technologies was pill manufacturing which included injecting medicines directly into a gelation capsule. This method allowed for more exact dosing, setting the standard for modern production. The company produced capsules for itself and sold excess capacity to competitors. Other major advancements include fruit flavorings in medicine, straight-line manufacturing and a method of blueprinting manufacturing tickets to prevent errors.

The modern period saw the company grow and discover new, world-class pharmaceuticals. Today, the company is engaged in the discovery, development and marketing of human pharmaceuticals. It offers a wide range of treatments, including Prozac but is perhaps most noteworthy for its work with insulin. The company is the first to mass produce insulin and has made numerous advances in treating diabetes in the time since. While other drugs are more widely known, its diabetic drugs Basaglar, Jardience, Trulicity, Humalog and Humulin are its top-sellers and contribute the bulk of revenue and cash flow.

Along with Diabetic research, the company also focuses on Alzheimer's, Oncology, Immunology, Obesity and Pain care. At the end of 2022, the company pipeline had 23 compounds in Phase 3 clinical trials and 1 in review. There were another 18 in Phase 2 trials and more than 2 dozen in Phase 1 trials. The average cost to discover a new drug was running at $2.6 billion with a 10-year discovery-to-patient timeline.

LLY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LLY Stock News Headlines

April 15, 2024 | marketbeat.com

Novo Nordisk Arms Wegovy to Be a Triple Threat (LLY)

Novo Nordisk has had success with Ozempic and Wegovy for Type 2 diabetes and obesity, seeks to expand indications to include cardio diseases and neuro disorders

April 9, 2024 | marketbeat.com

Can Altimmune get its GLP-1 Drug to Market Before Cash Rush Out? (LLY)

Altimmune has a GLP-1 candidate in Phase 2 trials, but the company continues to burn cash and may need a big pharma partner to get its drug to market

April 16, 2024 | Gold Safe Exchange (Ad)

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April 8, 2024 | marketbeat.com

Will the Shockwave Medical Deal Be the Jolt JNJ Stock Needs? (LLY)

Johnson & Johnson's proposed acquisition of Shockwave Medical may be the jolt that JNJ stock needs to break out of a year-long downtrend

April 3, 2024 | marketbeat.com

Viking Therapeutics Surges Sentiment for Triple Threat GLP-1Pill (LLY)

Viking Therapeutics is preparing to be the next entry into the GLP-1 Market, and VKTX stock is soaring as analysts start to bid the stock higher

April 2, 2024 | marketbeat.com

DexCom Stock Gains from GLP-1 Diabetic Users (LLY)

DexCom Inc. (NASDAQ: DXCM) is a leading medical device company in the medical sector that specializes in continuous glucose monitoring (CGM) systems. People

March 28, 2024 | marketbeat.com

7 Stocks That Will Drive the Weight Loss Drugs Market (LLY)

The booming weight loss drug market presents both lucrative potential and significant risks for investors seeking to capitalize on the global obesity crisis.

March 24, 2024 | marketbeat.com

Nvidia's AI Tech Part of Novo Nordisk's New Supercomputer (LLY)

Novo Nordisk and Nvidia have teamed up to develop supercomputers, aiming to accelerate drug discovery development using advanced AI technologies.

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 19, 2024 | marketbeat.com

LifeMD Shares Come Back to Life on GLP-1 Business Growth (LLY)

LifeMD stock is surging as the company is riding the GLP-1 trend to double-digit revenue growth and projections for 67% earnings growth in 2024

April 15, 2024 | reuters.com

Eli Lilly's nationwide insulin pricing settlement called off

April 15, 2024 | proactiveinvestors.com

Atossa Therapeutics announces breast cancer trial evaluating lead asset in combination with Eli Lilly drug

April 15, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Healthcare Companies: HCA Healthcare (HCA), PolyPid (PYPD) and Eli Lilly & Co (LLY)

April 15, 2024 | yahoo.com

New blood test under development by Lilly and Roche could make diagnosing Alzheimer's easier

April 15, 2024 | finance.yahoo.com

More than 250 websites selling fake weight-loss drugs reported by anti-counterfeit firm

April 15, 2024 | americanbankingnews.com

Eli Lilly and Company Expected to Earn Q1 2024 Earnings of $2.34 Per Share (NYSE:LLY)

April 14, 2024 | americanbankingnews.com

Eli Lilly and Company (NYSE:LLY) Shares Down 0.3%

April 13, 2024 | fool.com

How to Invest in Eli Lilly (LLY)

April 13, 2024 | fool.com

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April 13, 2024 | americanbankingnews.com

Eli Lilly and Company (NYSE:LLY) PT Raised to $723.00 at The Goldman Sachs Group

April 13, 2024 | americanbankingnews.com

Eli Lilly and Company (NYSE:LLY) Expected to Earn FY2024 Earnings of $12.10 Per Share

April 12, 2024 | msn.com

Mark Cuban praises Eli Lilly, explains one thing it's doing right

April 12, 2024 | msn.com

Obesity-drug power couple Novo Nordisk and Eli Lilly still have room to run, analysts say

April 12, 2024 | cnbc.com

EU probe of weight loss and diabetes drugs like Wegovy, Ozempic finds no link to suicidal thoughts

April 12, 2024 | investorplace.com

Shed the Fat, Gain the Profits: 3 Weight-Loss Stocks to Own Until 2027

April 11, 2024 | investorplace.com

Wall Street Favorites: 3 Healthcare Stocks With Strong Buy Ratings for April 2024

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Ex-Dividend for 3/8 Dividend: 2/14/2024
Dividend Payable: 3/08/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: Pharmaceutical preparations
Sub-Industry: Pharmaceuticals
Current Symbol: NYSE:LLY
CUSIP: 53245710
CIK: 59478
Web: www.lilly.com
Phone: (317) 276-2000
Fax: 317-276-4878
Employees: 43,000
Year Founded: 1876

Price Target and Rating

Average Stock Price Target: $728.05
High Stock Price Target: $1,000.00
Low Stock Price Target: $458.00
Potential Upside/Downside: -3.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.84
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.80
Trailing P/E Ratio: 129.52
Forward P/E Ratio: 60.29
P/E Growth: 1.65
Net Income: $5.24 billion
Net Margins: 15.36%
Pretax Margin: 19.21%
Return on Equity: 51.22%
Return on Assets: 9.94%

Debt

Debt-to-Equity Ratio: 1.69
Current Ratio: 0.94
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: $34.12 billion
Price / Sales: 20.92
Cash Flow: $7.62 per share
Price / Cash Flow: 98.56
Book Value: $11.44 per share
Price / Book: 65.66

Miscellaneous

Outstanding Shares: 950,160,000
Free Float: 948,929,000
Market Cap: $713.76 billion
Optionable: Optionable
Beta: 0.34

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Key Executives

Mr. David A. Ricks (Age 56)
Chairman, CEO & President
Comp: $6.29M
Ms. Anat Ashkenazi (Age 51)
Executive VP & CFO
Comp: $2.96M
Dr. Daniel M. Skovronsky M.D. (Age 50)
Ph.D., EVP, Chief Scientific Officer and President of Lilly Research Laboratories & Lilly immunology
Comp: $3.82M
Ms. Anat Hakim J.D. (Age 55)
Executive VP, General Counsel & Secretary
Comp: $2.81M
Mr. Jacob S. Van Naarden (Age 39)
Executive VP & President of Loxo
Comp: $2.38M
Mr. Donald A. Zakrowski
Senior VP of Finance & Chief Accounting Officer
Mr. Diogo Rau (Age 49)
EVP & Chief Information and Digital Officer
Comp: $1.06M
Mr. Alonzo Weems (Age 52)
EVP of Enterprise Risk Management and Chief Ethics & Compliance Officer
Mr. Eric Dozier (Age 56)
Executive Vice President of Human Resources & Diversity
Mr. Jeffrey N. Simmons (Age 57)
Senior VP & President of Elanco Animal Health
Comp: $1.73M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Eli Lilly and Company Stock? LLY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Eli Lilly and Co:

Eli Lilly and Company offers a diverse range of pharmaceutical products including Humalog U-100, Humalog U-200, and Trulicity, catering to various medical needs.
Recent insider transactions indicate confidence in the company's future, with major shareholder Lilly Endowment Inc selling shares at a significant value, suggesting positive outlook.
Wall Street analysts have provided optimistic growth forecasts for Eli Lilly and Company, with price targets being raised by reputable firms like JPMorgan Chase & Co., indicating strong potential for stock appreciation.
The company's stock price has shown an upward trend, with analysts projecting further growth potential, making it an attractive investment opportunity.
Eli Lilly and Company's consistent focus on research and development to introduce innovative pharmaceutical solutions positions it well for sustained growth in the healthcare sector.

Cons

Investors should be bearish about investing in Eli Lilly and Co for these reasons:

Despite positive growth forecasts, there may be market volatility affecting the stock price, leading to potential short-term fluctuations in investment returns.
Increased competition in the pharmaceutical industry could impact Eli Lilly and Company's market share and profitability, posing a risk to investor returns.
Regulatory changes or challenges in the healthcare sector could affect the company's operations and financial performance, influencing investor confidence.
Dependency on a few key products like Trulicity for revenue generation may expose the company to risks associated with product concentration, impacting investor sentiment.
Market uncertainties and macroeconomic factors could influence the demand for pharmaceutical products, affecting Eli Lilly and Company's revenue streams and stock performance.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Eli Lilly and Company pros and cons to contact@marketbeat.com.

LLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Eli Lilly and Company stock right now?: 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eli Lilly and Company in the last year. There are currently 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LLY shares.
View LLY analyst ratings or view top-rated stocks.
What is Eli Lilly and Company's stock price target for 2024?: 19 brokerages have issued twelve-month target prices for Eli Lilly and Company's stock. Their LLY share price targets range from $458.00 to $1,000.00. On average, they predict the company's stock price to reach $728.05 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts price targets for LLY or view top-rated stocks among Wall Street analysts.
How have LLY shares performed in 2024?: Eli Lilly and Company's stock was trading at $582.92 on January 1st, 2024. Since then, LLY shares have increased by 28.9% and is now trading at $751.20.
View the best growth stocks for 2024 here.
Are investors shorting Eli Lilly and Company?: Eli Lilly and Company saw a increase in short interest in February. As of February 29th, there was short interest totaling 5,420,000 shares, an increase of 5.2% from the February 14th total of 5,150,000 shares. Based on an average daily trading volume, of 3,280,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company's stock are sold short.
View Eli Lilly and Company's Short Interest.
When is Eli Lilly and Company's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LLY earnings forecast.
How can I listen to Eli Lilly and Company's earnings call?: Eli Lilly and Company will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Eli Lilly and Company's earnings last quarter?: Eli Lilly and Company (NYSE:LLY) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $2.49 EPS for the quarter, topping analysts' consensus estimates of $2.30 by $0.19. The firm earned $9.35 billion during the quarter, compared to analysts' expectations of $8.95 billion. Eli Lilly and Company had a net margin of 15.36% and a trailing twelve-month return on equity of 51.22%. The company's revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.09 earnings per share.
Read the conference call transcript.
How often does Eli Lilly and Company pay dividends? What is the dividend yield for Eli Lilly and Company?: Eli Lilly and Company announced a quarterly dividend on Friday, December 8th. Stockholders of record on Thursday, February 15th will be paid a dividend of $1.30 per share on Friday, March 8th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Wednesday, February 14th. This is an increase from the stock's previous quarterly dividend of $1.13.
Read our dividend analysis for LLY.

Is Eli Lilly and Company a good dividend stock?: Eli Lilly and Company (NYSE:LLY) pays an annual dividend of $5.20 per share and currently has a dividend yield of 0.69%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 89.66%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LLY will have a dividend payout ratio of 28.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LLY.
What ETFs hold Eli Lilly and Company's stock?: ETFs with the largest weight of Eli Lilly and Company (NYSE:LLY) stock in their portfolio include iShares U.S. Pharmaceuticals ETF (IHE), Horizon Kinetics Medical ETF (MEDX), iShares U.S. Healthcare ETF (IYH), Health Care Select Sector SPDR Fund (XLV), Vanguard Health Care Index Fund ETF Shares (VHT), ProShares Ultra Health Care (RXL), Goldman Sachs Future Health Care Equity ETF (GDOC) and Fidelity MSCI Health Care Index ETF (FHLC).
What guidance has Eli Lilly and Company issued on next quarter's earnings?: Eli Lilly and Company updated its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of $12.20-12.70 for the period, compared to the consensus earnings per share estimate of $12.39. The company issued revenue guidance of $40.4-41.6 billion, compared to the consensus revenue estimate of $39.27 billion.
What is David A. Ricks' approval rating as Eli Lilly and Company's CEO?: 399 employees have rated Eli Lilly and Company Chief Executive Officer David A. Ricks on Glassdoor.com. David A. Ricks has an approval rating of 86% among the company's employees.
What other stocks do shareholders of Eli Lilly and Company own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Eli Lilly and Company 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).
Who are Eli Lilly and Company's major shareholders?: Eli Lilly and Company's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.05%), Global Assets Advisory LLC (0.04%), Sarasin & Partners LLP (0.03%), Congress Asset Management Co. MA (0.02%), Cardano Risk Management B.V. (0.02%) and Gateway Investment Advisers LLC (0.02%). Insiders that own company stock include Acquisition Corp Kearny, Alonzo Weems, Anne E White, Donald A Zakrowski, Ilya Yuffa, Jackson P Tai, Johna Norton, Lilly Endowment Inc, Marschall S Runge and Patrik Jonsson.
View institutional ownership trends.
How do I buy shares of Eli Lilly and Company?: Shares of LLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Eli Lilly and Company have any subsidiaries?: The following companies are subsidiares of Eli Lilly and Company: 1096401 B.C. Unlimited Liability Company, ARMO Biosciences Inc., Acanthas Pharma Inc., Advanced Cardiovascular Systems, Alnara Pharmaceuticals, Alnara Pharmaceuticals Inc., Andean Technical Operations Center, Applied Molecular Evolution Inc., AurKa Pharma Inc., Avid Radiopharmaceuticals, Avid Radiopharmaceuticals Inc., ChemGen, CoLucid Pharmaceuticals, CoLucid Pharmaceuticals Inc., Compania Farmaceutica Eli Lilly de Centro America S.A., Dermira, Dermira Canada, Dermira Inc., Devices for Vascular Intervention(DVI), Disarm Therapeutics, Disarm Therapeutics, Disarm Therapeutics Inc., Dista Ilac Ticaret Ltd. Sti., Dista S.A., Dista-Produtos Quimicos & Farmaceuticos LDA, ELCO Dominicana SRL, ELCO Insurance Company Limited, ELCO Management Inc., ELCO for Trade and Marketing S.A.E., ELGO Insurance Company Limited, Elanco Animal Health Ireland Limited, Elanco Switzerland Holding Sarl, Eli Lilly (Malaysia) Sdn. Bhd., Eli Lilly (Philippines) Incorporated, Eli Lilly (S.A.) (Proprietary) Limited, Eli Lilly (Singapore) Pte. Ltd., Eli Lilly (Suisse) S.A., Eli Lilly Asia Inc., Eli Lilly Asia Pacific SSC Sdn Bhd, Eli Lilly Australia Pty. Limited, Eli Lilly B-H d.o.o., Eli Lilly Benelux S.A., Eli Lilly Bienes y Servicios S de RL de CV, Eli Lilly CR s.r.o., Eli Lilly Canada Inc., Eli Lilly Cork Limited, Eli Lilly Danmark A/S, Eli Lilly Egypt for Trading, Eli Lilly European Clinical Trial Services SA, Eli Lilly Export S.A., Eli Lilly Finance S.A., Eli Lilly Ges.m.b.H., Eli Lilly Group Limited, Eli Lilly Holdings Ltd., Eli Lilly Hrvatska d.o.o., Eli Lilly Interamerica Inc., Eli Lilly Interamerica Inc. y Compania Limitada, Eli Lilly International Corporation, Eli Lilly Ireland Holdings Limited, Eli Lilly Israel Ltd., Eli Lilly Italia S.p.A., Eli Lilly Japan K.K., Eli Lilly Kinsale Limited, Eli Lilly Nederland B.V., Eli Lilly Nigeria Ltd., Eli Lilly Norge A.S., Eli Lilly Pakistan (Pvt.) Ltd., Eli Lilly Polska Sp.z.o.o. (Ltd.), Eli Lilly Regional Operations GmbH, Eli Lilly Romania SRL, Eli Lilly S.A., Eli Lilly Saudi Arabia Limited, Eli Lilly Services India Private Limited, Eli Lilly Slovakia s.r.o., Eli Lilly Sweden AB, Eli Lilly Vostok S.A. Geneva, Eli Lilly and Company, Eli Lilly and Company (India) Pvt. Ltd., Eli Lilly and Company (Ireland) Limited, Eli Lilly and Company (N.Z.) Limited, Eli Lilly and Company (Taiwan) Inc., Eli Lilly and Company Limited, Eli Lilly do Brasil Limitada, Eli Lilly farmacevtska druzba d.o.o., Eli Lilly y Compania de Mexico S.A. de C.V., Eli Lilly y Compania de Venezuela S.A., Glycostasis Inc., Greenfield-Produtos Farmaceuticos Lda., Heart Rhythm Technologies Inc, Hybritech, Hypnion, ICOS Corporation, ICOS Corporation, ImClone GmbH, ImClone LLC, ImClone Systems Holdings Inc., ImClone Systems LLC, Imclone Systems, Irisfarma S.A., Ivy Animal Health, LDH I Corporation, Lilly (Shanghai) Management Co. Ltd., Lilly Asia Ventures Fund I L.P., Lilly Asia Ventures Fund II L.P., Lilly Asian Ventures Fund III L.P., Lilly Cayman Holdings, Lilly Centre for Clinical Pharmacology PTE. LTD., Lilly China Research and Development Co. Ltd, Lilly Deutschland GmbH, Lilly France S.A.S., Lilly Global Nederland Holdings B.V., Lilly Global Services Inc., Lilly Holding GmbH, Lilly Holdings B.V., Lilly Hungaria KFT, Lilly Japan Financing G.K., Lilly Korea Ltd., Lilly Nederland Finance B.V., Lilly Nederland Finance B.V. - GCC, Lilly Nederland Holding B.V., Lilly Pharma Ltd., Lilly Portugal - Produtos Farmaceuticos Lda., Lilly S.A., Lilly Suzhou Pharmaceutical Co. Ltd., Lilly Trading Co. LTD, Lilly USA LLC, Lilly Ventures Fund I LLC, Lilly del Caribe Inc., Lilly ilaç ticaret limited şirketi, Lohmann Animal Health, Loxo Oncology, Loxo Oncology Inc., Novartis Animal Health, OY Eli Lilly Finland AB, Origin Medsystems, PT. Eli Lilly Indonesia, Pacific Biotech, Petra Pharma Corporation, Pharmaserve-Lilly S.A.C.I., Pharmaserve-Lilly S.A.C.I., Physio-Control, Prevail Therapeutics Inc., Protomer Technologies, SGX Pharmaceuticals, SGX Pharmaceuticals Inc., Spaly Bioquimica S.A., UAB Eli Lilly Lietuva, Valquifarma S.A., and Vital Pharma Productos Farmaceuticos.
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This page (NYSE:LLY) was last updated on 4/16/2024 by MarketBeat.com Staff

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