Eli Lilly and Company (LLY)

NYSE: LLY · IEX Real-Time Price · USD
777.77
+11.09 (1.45%)
At close: May 7, 2024, 4:00 PM
779.00
+1.23 (0.16%)
Pre-market: May 8, 2024, 7:24 AM EDT
1.45%
Market Cap 739.20B
Revenue (ttm) 35.93B
Net Income (ttm) 6.14B
Shares Out 950.41M
EPS (ttm) 6.79
PE Ratio 114.55
Forward PE 57.80
Dividend $5.20 (0.67%)
Ex-Dividend Date May 15, 2024
Volume 2,842,406
Open 768.90
Previous Close 766.68
Day's Range 762.11 - 779.09
52-Week Range 419.80 - 800.78
Beta 0.37
Analysts Strong Buy
Price Target 737.05 (-5.24%)
Earnings Date Apr 30, 2024

About LLY

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. The company offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity. It also provides oncology products, including Alimta, Cyramza, Erbitux, Jaypirca, Retevmo, Tyvyt, and Verzenio. In addition, the... [Read more]

Sector Healthcare
Founded 1876
Employees 43,000
Stock Exchange NYSE
Ticker Symbol LLY
Full Company Profile

Financial Performance

In 2023, LLY's revenue was $34.12 billion, an increase of 19.56% compared to the previous year's $28.54 billion. Earnings were $5.24 billion, a decrease of -16.08%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for LLY stock is "Strong Buy." The 12-month stock price forecast is $737.05, which is a decrease of -5.24% from the latest price.

Price Target
$737.05
(-5.24% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Healthy Returns: Eli Lilly, Novo Nordisk make progress toward boosting weight loss drug supply

Eli Lilly and Novo Nordisk are boosting supply of their weight loss drugs, while Apple Watch's heart monitoring tech was approved for use in clinical studies.

Other symbols: NVO
16 hours ago - CNBC

Amgen, newer rivals could threaten Novo Nordisk and Eli Lilly's weight loss drug dominance

Amgen, Viking Therapeutics, Altimmune, AstraZeneca, Boehringer Ingelheim and Zealand Pharma are making encouraging progress on their own treatments.

Other symbols: AMGNNVOALTAZNGPCRVKTX
19 hours ago - CNBC

US FDA panel to discuss Eli Lilly Alzheimer's drug on June 10

Eli Lilly said on Tuesday a panel of independent U.S. FDA advisers will discuss whether the agency should approve its Alzheimer's disease drug, donanemab, on June 10.

21 hours ago - Reuters

Lilly Declares Second-Quarter 2024 Dividend

INDIANAPOLIS , May 6, 2024 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) has declared a dividend for the second quarter of 2024 of $1.30 per share on outstanding common s...

1 day ago - PRNewsWire

Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide

Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.

Other symbols: AMGNNVO
4 days ago - CNBC

Wegovy, Mounjaro prices cut as British pharmacies compete for weight-loss patients

Online pharmacies and slimming clinics are cutting prices for Wegovy and Mounjaro in Britain just months after the weight-loss drugs were launched there, as initial supply shortages ease.

Other symbols: NVO
6 days ago - Reuters

Trade Tracker: Joe Terranova sells Eli Lilly

The Investment Committee discusses the healthcare sector as Joe Terranova sells Eli Lilly in his JOET rebalance.

6 days ago - CNBC Television

Potential for Weight-Loss Drugs Boosts Eli Lilly

Eli Lilly & Co.'s shares soared as its brighter outlook for 2024 raised the potential ceiling for new weight-loss drugs even further in the eyes of analysts and investors. Lilly says supply and pricin...

7 days ago - Bloomberg Markets and Finance

Eli Lilly stock soars on earnings, 'off-the-charts' demand for weight-loss drugs

Shares of Eli Lilly (LLY) are soaring in Tuesday's trading session after the company raised its full-year guidance, driven by the surging demand for its offerings. BMO Capital Markets BioPharma Equity...

7 days ago - Yahoo Finance

Eli Lilly Leaps After Earnings

Biopharmaceutical giant Eli Lilly raised full-year guidance after reporting a 26% year-over-year revenue rise in its 1st quarter. Led by sales of obesity & diabetes drugs, Eli Lilly's chart has flirte...

7 days ago - Schwab Network

Eli Lilly Stock Surges on Demand for Weight-Loss Drugs

Eli Lilly beat earnings expectations for the first quarter and raised its outlook for the year.

7 days ago - Kiplinger

Eli Lilly (LLY) stock soars, Q1 earnings results show 26% revenue growth

The Eli Lilly And Company (NYSE: LLY) stock has jumped +53.33 (7.23%) after the company reported strong financial performance in its Q1 earnings report. At press time, the Eli Lilly stock was trading ...

7 days ago - Invezz

Eli Lilly Stock Surges as Weight Loss Drugs Continue to Fuel Growth

Eli Lilly (LLY) stock jumped in early trading Tuesday after the drugmaker reported first-quarter earnings that beat analysts' expectations and raised its guidance thanks to continued high demand for t...

7 days ago - Investopedia

Eli Lilly is a 'multi-diversified drugmaker', says Cantor Fitzgerald's Louise Chen

Louise Chen, Cantor Fitzgerald managing director, joins 'Squawk Box' to discuss Eli Lilly's quarterly earnings results, weight loss drug demand, growth outlook, and more.

7 days ago - CNBC Television

Eli Lilly CEO on weight loss drugs outlook: Our top priority is making more product

Eli Lilly CEO David Ricks joins 'Squawk Box' to discuss the company's quarterly earnings results, the company's weight loss drugs, growth outlook, and more.

7 days ago - CNBC Television

Morning Minute: Tuesday, April 30

Nvidia catches a price target hike, while Tesla's workforce sees more layoffs. Plus, Eli Lilly flirts with all-time highs after hiking full-year guidance in its latest earnings report.

Other symbols: NVDA
7 days ago - Schwab Network

Eli Lilly Stock Jumps After Earnings Beat. Weight-Loss Drugs Are Driving Gains.

The pharmaceutical company reported adjusted earnings of $2.58 a share for the first quarter of 2024, up 59% from the same period a year earlier. Revenue rose 26% to $8.77 billion.

8 days ago - Barrons

Eli Lilly's stock jumps as first-quarter profit tops estimates amid strong sales of Mounjaro, Zepbound

Eli Lilly & Co. shares gained more than 5% premarket on Tuesday after the company reported first-quarter profit that topped analyst expectations amid strong sales of diabetes drug Mounjaro and weight-...

8 days ago - Market Watch

Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro

Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.

8 days ago - CNBC

Eli Lilly lifts profit view on diabetes and weight-loss drug strength

Eli Lilly on Tuesday raised its full-year profit forecast, betting on surging demand for its weight-loss treatment Zepbound and type 2 diabetes drug Mounjaro.

8 days ago - Reuters

Lilly Reports First-Quarter 2024 Financial Results and Raises Full-Year Revenue Guidance by $2 Billion, Highlights Pipeline Momentum

Revenue in Q1 2024 increased 26%, driven by Mounjaro, Zepbound, Verzenio and Jardiance. Pipeline progress included positive results from two Phase 3 trials of tirzepatide for obstructive sleep apnea; ...

8 days ago - PRNewsWire

Earnings Exchange: McDonald's, Brinker International, Eli Lilly

Ari Wald, Oppenheimer head of technical analysis, joins CNBC's 'The Exchange' to discuss earnings from McDonald's, Brinker International, and Eli Lilly.

Other symbols: EATMCD
8 days ago - CNBC Television

Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly

CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.

Other symbols: AAPLAMZN
11 days ago - CNBC

What You Need To Know Ahead of Eli Lilly's Earnings Report Tuesday

Eli Lilly (LLY) reports earnings before the bell Tuesday, with investors and analysts watching to see how much weight-loss drugs are continuing to drive the company's growth.

11 days ago - Investopedia

A 3x Expected Rise In Mounjaro Sales Is Likely To Drive Eli Lilly's Q1

Eli Lilly stock (NYSE: LLY) will report its Q1 results on Tuesday, April 30. The pharmaceutical giant is expected to garner $8.9 billion in sales and $2.46 in adjusted earnings per share, per the cons...

11 days ago - Forbes