In the last trading session, 21.02 million Bristol-Myers Squibb Co (NYSE:BMY) shares changed hands as the company’s beta touched 0.37. With the company’s per share price at $47.51 changed hands at $1.22 or 2.64% during last session, the market valuation stood at $96.69B. BMY’s last price was a discount, traded about -33.3% off its 52-week high of $63.33. The share price had its 52-week low at $39.35, which suggests the last value was 17.18% up since then. When we look at Bristol-Myers Squibb Co’s average trading volume, we note the 10-day average is 17.64 million shares, with the 3-month average coming to 15.29 million.
Analysts gave the Bristol-Myers Squibb Co (BMY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.64. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended BMY as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Bristol-Myers Squibb Co (NYSE:BMY) trade information
Instantly BMY was in green as seen at the end of in last trading. With action 1.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 14.45%, with the 5-day performance at 1.02% in the green. However, in the 30-day time frame, Bristol-Myers Squibb Co (NYSE:BMY) is -1.59% down. Looking at the short shares, we see there were 33.61 million shares sold at short interest cover period of 2.58 days.
The consensus price target for the stock as assigned by Wall Street analysts is 66.5, meaning bulls need an upside of 28.56% from its current market value. According to analyst projections, BMY’s forecast low is 65 with 68 as the target high. To hit the forecast high, the stock’s price needs a -43.13% plunge from its current level, while the stock would need to soar -36.81% for it to hit the projected low.
The 2025 estimates are for Bristol-Myers Squibb Co earnings to increase by 490.07%, but the outlook for the next 5-year period is at 72.80% per year.
BMY Dividends
Bristol-Myers Squibb Co is expected to release its next quarterly earnings report on 2025-Apr-24. The 5.14% annual yield figure for the share gives it an annual dividend of 2.44. It is important to note, however, that the 5.14% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.63 per year.
Bristol-Myers Squibb Co (NYSE:BMY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.07% of Bristol-Myers Squibb Co shares while 82.11% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 82.17%. There are 82.11% institutions holding the Bristol-Myers Squibb Co stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.2043% of the shares, roughly 186.57 million BMY shares worth $7.75 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.8273% or 158.66 million shares worth $6.59 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 64.1 shares estimated at $3.05 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.77% of the shares, roughly 56.39 shares worth around $2.68 billion.
