- Johnson & Johnson (JNJ, Financial) elevates its dividend by 4.8%, enhancing shareholder value.
- Analysts predict a potential stock price increase with a target averaging at $170.47.
- GuruFocus estimates a significant upside, forecasting a GF Value of $187.89.
Johnson & Johnson (JNJ) has announced an increase in its quarterly dividend by 4.8%, bringing the new payout to $1.30 per share, up from $1.24. This strategic move results in a forward yield of 3.37%. The upcoming dividend is scheduled for payment on June 10 to shareholders who are registered by May 27, with the ex-dividend date coinciding with the registration deadline.
Wall Street Analysts Forecast
Analyst predictions from 24 experts suggest that Johnson & Johnson's (JNJ, Financial) stock has an average one-year price target of $170.47. Projections range from a high of $185.00 to a low of $150.00, indicating a potential upside of 10.44% from the current trading price of $154.36. For more insights into these projections, visit the Johnson & Johnson (JNJ) Forecast page.
The consensus among 26 brokerage firms rates Johnson & Johnson (JNJ, Financial) as an "Outperform," with an average brokerage recommendation of 2.3 on a scale from 1 (Strong Buy) to 5 (Sell).
GuruFocus GF Value Estimate
According to GuruFocus estimates, the projected GF Value for Johnson & Johnson (JNJ, Financial) in one year stands at $187.89. This estimation suggests a compelling upside of 21.72% from the stock's current price of $154.36. The GF Value represents the fair market value of the stock, calculated from historical multiples, past growth, and future performance predictions. For a deeper understanding, explore the Johnson & Johnson (JNJ) Summary page.
