Merck & Co., Inc. (MRK)

NYSE: MRK · IEX Real-Time Price · USD
103.46
+0.98 (0.96%)
At close: Dec 1, 2023, 4:00 PM
103.91
+0.45 (0.43%)
Pre-market: Dec 4, 2023, 7:00 AM EST
0.96%
Market Cap 262.17B
Revenue (ttm) 59.31B
Net Income (ttm) 4.61B
Shares Out 2.53B
EPS (ttm) 1.80
PE Ratio 57.48
Forward PE 16.71
Dividend $3.08 (2.98%)
Ex-Dividend Date Dec 14, 2023
Volume 6,717,472
Open 102.85
Previous Close 102.48
Day's Range 102.66 - 103.68
52-Week Range 99.14 - 119.65
Beta 0.38
Analysts Strong Buy
Price Target 125.68 (+21.48%)
Earnings Date Feb 1, 2024

About MRK

Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions an... [Read more]

Sector Healthcare
Founded 2000
Employees 69,000
Stock Exchange NYSE
Ticker Symbol MRK
Full Company Profile

Financial Performance

In 2022, Merck & Co.'s revenue was $59.28 billion, an increase of 21.72% compared to the previous year's $48.70 billion. Earnings were $14.52 billion, an increase of 11.27%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for MRK stock is "Strong Buy." The 12-month stock price forecast is $125.68, which is an increase of 21.48% from the latest price.

Price Target
$125.68
(21.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FDA Grants Priority Review to Merck's Application for KEYTRUDA® (pembrolizumab) Plus Padcev® (enfortumab vedotin-ejfv) for the First-Line Treatment of Patients With Locally Advanced or Metastatic Urothelial Cancer

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--FDA Grants Priority Review to Merck's Application for KEYTRUDA Plus Padcev for the First-Line Treatment of Patients With Advanced Urothelial Cancer.

3 days ago - Business Wire

Best Stocks to Buy Now

Our list of the best stocks to buy now reflect the lesson of the past few years: Be ready for anything.

4 days ago - Kiplinger

Merck raises quarterly dividend to 77 cents vs. 73 cents

Merck & Co. Inc. MRK said Tuesday its board has raised its quarterly dividend to 77 cents. The dividend was previously 73 cents.

5 days ago - Market Watch

Merck Announces First-Quarter 2024 Dividend

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck Announces First-Quarter 2024 Dividend.

5 days ago - Business Wire

Merck's V116, an Investigational, 21-valent Pneumococcal Conjugate Vaccine Specifically Designed to Protect Adults, Demonstrated Superior Immunogenicity for 10 of 11 Unique Serotypes Compared to PCV20 in Adults 50 Years of Age and Older

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck's V116 an Investigational 21-valent PCV Demonstrated Superior Immunogenicity for 10 of 11 Unique Serotypes Compared to PCV20 in Adults 50+.

6 days ago - Business Wire

Merck paying $610 million for Caraway Therapeutics

Merck & Co. Inc. MRK said Tuesday it agreed to pay up to $610 million to acquire Caraway Therapeutics, a preclinical biopharmaceutical company pursuing new approaches for the treatment of genetically ...

13 days ago - Market Watch

These ten stocks, not just from tech, are the key to next year's S&P 500 earnings growth

In a simple world, the stock market is never more than earnings and the multiple investors assign to them.

13 days ago - Market Watch

Merck to Participate in the 6th Annual Evercore ISI HealthCONx Conference

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck to Participate in the 6th Annual Evercore ISI HealthCONx Conference.

14 days ago - Business Wire

US FDA panel votes against Merck's chronic cough drug

The U.S. health regulator's advisers on Friday did not recommend Merck's drug for the treatment of chronic cough.

16 days ago - Reuters

Best Blue Chip Stocks: 21 Hedge Fund Top Picks

Blue chip stocks dominate the list of hedge funds' most popular equity investments.

16 days ago - Kiplinger

Merck's Keytruda gets approval to treat certain types of gastric cancer

Merck MRK, +0.63% said late Thursday that the Food and Drug Administration has approved its star cancer drug Keytruda as treatment for some adult gastrointestinal cancers, alongside chemotherapy. Appr...

17 days ago - Market Watch

FDA Approves Merck's KEYTRUDA® (pembrolizumab) Plus Chemotherapy as First-Line Treatment for Locally Advanced Unresectable or Metastatic HER2-Negative Gastric or Gastroesophageal Junction (GEJ) Adenocarcinoma

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--FDA Approves Merck's KEYTRUDA Plus Chemo as First-Line Treatment for Locally Advanced Unresectable or Metastatic HER2-Negative Gastric or GEJ Cancer.

17 days ago - Business Wire

US FDA staff flags concerns on Merck's chronic cough drug

U.S. Food and Drug Administration's reviewers on Wednesday flagged concerns that data on Merck's chronic cough drug might not be sufficient to prove meaningful benefit, according to documents released...

18 days ago - Reuters

At $100 Does Merck Stock Have Room For Growth?

Merck (NYSE: MRK) reported its Q3 results last month, with revenues and earnings beating the street estimates, and we believe that MRK stock has ample room for growth,

19 days ago - Forbes

Earnings Estimates Are Falling. These Two Companies Are Shouldering the Blame.

The stock market is rallying after a decline in Treasury yields boosted the case for company shares.

Other symbols: PFE
20 days ago - WSJ

3 S&P stocks with growth to weather a downturn

If you're looking for companies with steady profitability, cash flow and dividends, then Broadcom Inc. NASDAQ: AVGO, McCormick & Co. Inc. NYSE: MKC and Merck & Co. NYSE: MRK are worthy candidates.

Other symbols: AVGOMKC
20 days ago - MarketBeat

WHO's new COVID guidelines see fewer patients requiring hospitalization

Most patients are unlikely to develop severe disease or die if they get the current variants of COVID-19 as immunity levels have climbed given higher levels of vaccination.

Other symbols: GILDPFE
23 days ago - Market Watch

Merck Receives Positive EU CHMP Opinion for KEYTRUDA® (pembrolizumab) Plus Gemcitabine and Cisplatin as First-Line Treatment for Locally Advanced Unresectable or Metastatic Biliary Tract Cancer

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck Receives EU CHMP Opinion for KEYTRUDA Plus Gemcitabine and Cisplatin as First-Line Treatment for Locally Advanced Unresectable or Metastatic BTC.

23 days ago - Business Wire

Merck to Participate in the Jefferies London Healthcare Conference

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck to Participate in the Jefferies London Healthcare Conference.

26 days ago - Business Wire

Merck Foundation CEO and African First Ladies discussed Healthcare Capacity Building and Breaking Infertility Stigma at Africa Asia Luminary 2023

DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #AfricaAsiaLuminary--Merck Foundation conducted the 10th Edition of their annual conference “Merck Foundation Africa Asia Luminary”, in India.

4 weeks ago - Business Wire

Dow Stocks To Trade In November

The market is due to rally through yearend. These stock selections are due to outperform the indices on both the long and short side.

Other symbols: INTCUNHVWMT
4 weeks ago - Forbes

Merck to Participate in the UBS BioPharma Conference

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck to Participate in the UBS BioPharma Conference.

4 weeks ago - Business Wire

FDA Approves Merck's KEYTRUDA® (pembrolizumab) Plus Gemcitabine and Cisplatin as Treatment for Patients With Locally Advanced Unresectable or Metastatic Biliary Tract Cancer

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--FDA Approves Merck's KEYTRUDA® Plus Gemcitabine and Cisplatin as Treatment for Patients With Locally Advanced Unresectable or Metastatic BTC.

4 weeks ago - Business Wire

KEYTRUDA® (pembrolizumab) Significantly Improved Overall Survival (OS) Versus Placebo as Adjuvant Therapy for Certain Patients With Renal Cell Carcinoma (RCC) Following Nephrectomy

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--KEYTRUDA Significantly Improved OS Versus Placebo as Adjuvant Therapy for Certain Patients With Renal Cell Carcinoma (RCC) Following Nephrectomy.

4 weeks ago - Business Wire

Investor patience tested as pharmaceutical stocks take a tumble

The Health Care Select Sector SPDR Fund NYSEARCA: XLV was down 3.81% in the past month and 8.03% in the past three months. The latest round of pharmaceutical stock earnings isn't helping sector perfor...

4 weeks ago - MarketBeat