J and j stock news? (2024)

J and j stock news?

Johnson & Johnson (NYSE:JNJ) Q4 2023 Earnings Call Transcript January 23, 2024 Johnson & Johnson beats earnings expectations. Reported EPS is $2.29, expectations were $2.27. Johnson & Johnson isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).

(Video) Cramer’s Mad Dash on Johnson & Johnson: It's been a huge underperformer
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What will JNJ shareholders get in the Kenvue spinoff?

What does the J&J split mean for shareholders? If you currently own shares of Johnson & Johnson, when the company splits, you will own shares of both Johnson & Johnson – which will be the new pharmaceutical/medical device business – as well as shares of Kenvue, the new consumer health business.

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Is JNJ stock expected to rise?

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Johnson & Johnson stock have an average target of 166.5, with a low estimate of 40 and a high estimate of 215. The average target predicts an increase of 4.39% from the current stock price of 159.50.

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Is JNJ going to split into two companies?

Why Johnson & Johnson is splitting itself into two publicly traded companies. Johnson & Johnson, the biggest pharmaceutical company in the U.S. based on market cap, announced in November 2021 it plans to spin off its consumer business into a new publicly traded company by November 2023.

(Video) Johnson & Johnson stock drops following dismissal of bankruptcy strategy tied to talc lawsuits
(Yahoo Finance)
Where will JNJ stock be in 5 years?

Johnson & Johnson stock price stood at $159.50

According to the latest long-term forecast, Johnson & Johnson price will hit $200 by the end of 2026 and then $250 by the end of 2028. Johnson & Johnson will rise to $300 within the year of 2030 and $350 in 2033.

(Video) J&J spinoff Kenvue CEO on first full quarterly earnings results since IPO
(CNBC Television)
What is JNJ payout?

Yes, JNJ's past year earnings per share was $5.58, and their annual dividend per share is $4.76. JNJ's dividend payout ratio is 45.06% ($4.76/$5.58) which is sustainable.

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Who owns the most shares of JNJ?

Shareholders
NameEquities%
Vanguard Group, Inc. (Subfiler) 9.113 %219,364,4219.113 %
The Vanguard Group, Inc. 9.108 %219,256,2519.108 %
STATE STREET CORPORATION 5.440 %130,950,1385.440 %
BlackRock Institutional Trust Co. NA 2.231 %53,697,2132.231 %
6 more rows

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Should I hold or sell JNJ?

Is Johnson & Johnson stock a Buy, Sell or Hold? Johnson & Johnson stock has received a consensus rating of buy. The average rating score is Aaa and is based on 41 buy ratings, 35 hold ratings, and 1 sell ratings.

(Video) Jim Cramer on how J&J's stock has performed in relation to vaccine news
(CNBC Television)
How will JNJ split?

NEW BRUNSWICK, N.J., July 24, 2023 -- Johnson & Johnson (NYSE: JNJ) today announced its intention to split-off at least 80.1% of the shares of Kenvue Inc. (NYSE: KVUE) (“Kenvue”) through an exchange offer.

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Is J&J a buy or sell?

The Johnson & Johnson stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

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Is Pfizer owned by JNJ?

In 2006, Johnson & Johnson acquired Pfizer's consumer healthcare business and merged it with its consumer healthcare business group.

(Video) JNJ Reported Earnings… Here Are My Thoughts on This Dividend Stock
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Why is JNJ tanking?

It maintains a 9.5% stake in Kenvue - its consumer health spin-off. Some pharmaceutical stocks, including JNJ, have underperformed the broader indices this year due to concerns over the first drug price negotiations in the U.S. This is an effort by the government to cut its healthcare spending.

J and j stock news? (2024)
Is JNJ dividend safe?

JNJ's six decades and counting of consecutive dividend growth inherently tells you that its dividend is very safe. This is supported by the company's adjusted diluted EPS (47%) payout ratio. This payout ratio is well below the 60% that rating agencies consider safe for JNJ's industry, which bolsters dividend coverage.

What is Johnson and Johnson forecast for 2024?

Johnson & Johnson reiterated that 2024 earnings should come in around $10.55 to $10.75 a share. Operational sales are expected to rise 5% to 6%, suggesting a tally between $88.2 billion and $89 billion.

What will Johnson and Johnson share price be in 2025?

Long-Term Johnson & Johnson Stock Price Predictions
YearPredictionChange
2025$ 168.595.70%
2026$ 178.1911.72%
2027$ 188.3418.08%
2028$ 199.0824.81%
2 more rows

What is the stock price forecast for J&J in 2025?

Future price of the stock is predicted at 294.94913953277$ (82.428% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 182.428$ on 2025 January 22, Wednesday.

What does JNJ split mean for shareholders?

What does the J&J split mean for shareholders? If you currently own shares of Johnson & Johnson, when the company splits, you will own shares of both Johnson & Johnson – which will be the new pharmaceutical/medical device business – as well as shares of Kenvue, the new consumer health business.

What is the next ex dividend date for JNJ?

Johnson & Johnson's ( JNJ ) ex-dividend date is February 16, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Johnson & Johnson ( JNJ ) pays dividends on a quarterly basis.

How often does JNJ pay a dividend?

The next Johnson & Johnson dividend will go ex in 21 days for 119c and will be paid in 1 month. The previous Johnson & Johnson dividend was 119c and it went ex 2 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.3.

Who is the biggest investor in Johnson and Johnson?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, State Farm Mutual Automobile Insurance Co, Jpmorgan Chase & Co, and Northern ...

Is JNJ a safe stock?

The financial health and growth prospects of JNJ, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Is JNJ splitting its stock?

NEW BRUNSWICK, N.J., August 16, 2023 -- Johnson & Johnson (NYSE: JNJ) today announced the final exchange ratio for its previously announced split-off exchange offer to Johnson & Johnson shareholders to exchange their shares of Johnson & Johnson for shares of common stock of Kenvue Inc.

What is the weakness of JNJ?

Weaknesses. Product recalls: The company has faced several product recalls, which have impacted its reputation and financial performance. Litigation risks: The company faces potential litigation risks from product liability lawsuits and government investigations, which can result in high costs and damage its reputation ...

Why is JNJ so successful?

STRENGTHS/KEY SUCCESS FACTORS

A key factor to its success is that Johnson & Johnson provides a variety of programs to meet employees' different needs and interests, and makes these programs convenient, which is one of the largest factors driving engagement— even more than the financial incentives.

Which stock I should buy today?

Last Updated On 27-Jan-2024
Company NameLTPHigh
SBI Life Insuran1380.91414.9
Adani Ports1146.31155.75
NTPC314.75317.2
Nestle India2482.152528
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