Bristol Myers Squibb (BMY) Projected to Post Earnings on Thursday

Bristol Myers Squibb (NYSE:BMYGet Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.53 per share and revenue of $11.32 billion for the quarter.

Bristol Myers Squibb Trading Down 1.4%

Bristol Myers Squibb stock opened at $46.85 on Wednesday. The stock has a market cap of $95.35 billion, a P/E ratio of 17.55, a PEG ratio of 2.50 and a beta of 0.36. Bristol Myers Squibb has a fifty-two week low of $44.00 and a fifty-two week high of $63.33. The firm’s fifty day moving average price is $47.65 and its 200-day moving average price is $52.49. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.17 and a current ratio of 1.28.

Bristol Myers Squibb Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Thursday, July 3rd will be issued a $0.62 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $2.48 annualized dividend and a dividend yield of 5.29%. Bristol Myers Squibb’s payout ratio is currently 92.88%.

Analyst Ratings Changes

BMY has been the topic of several research analyst reports. UBS Group decreased their price target on shares of Bristol Myers Squibb from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. Morgan Stanley decreased their price target on shares of Bristol Myers Squibb from $36.00 to $34.00 and set an “underweight” rating on the stock in a report on Thursday, July 10th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $55.00 price target on shares of Bristol Myers Squibb in a report on Tuesday, April 22nd. Jefferies Financial Group cut their target price on shares of Bristol Myers Squibb from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. Finally, Argus upgraded shares of Bristol Myers Squibb to a “hold” rating in a research report on Friday, April 25th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Bristol Myers Squibb has an average rating of “Hold” and an average target price of $58.53.

Read Our Latest Stock Report on Bristol Myers Squibb

Institutional Trading of Bristol Myers Squibb

An institutional investor recently raised its position in Bristol Myers Squibb stock. Brighton Jones LLC lifted its position in shares of Bristol Myers Squibb Company (NYSE:BMYFree Report) by 33.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,728 shares of the biopharmaceutical company’s stock after purchasing an additional 4,935 shares during the period. Brighton Jones LLC’s holdings in Bristol Myers Squibb were worth $1,116,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 76.41% of the company’s stock.

Bristol Myers Squibb Company Profile

(Get Free Report)

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for hematology, oncology, cardiovascular, immunology, fibrotic, and neuroscience diseases. The company's products include Eliquis for reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation, and for the treatment of DVT/PE; Opdivo for various anti-cancer indications, including bladder, blood, CRC, head and neck, RCC, HCC, lung, melanoma, MPM, stomach and esophageal cancer; Pomalyst/Imnovid for multiple myeloma; Orencia for active rheumatoid arthritis and psoriatic arthritis; and Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia.

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Earnings History for Bristol Myers Squibb (NYSE:BMY)

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