Background: Walgreen, together with its subsidiaries, operates a chain of drugstores in the U.S. The company was founded in 1901 and is based in Deerfield, Ill. Walgreen trades an average of 8.1 million shares per day with a marketcap of $32 billion.
52-Week Range: $28.53 to $37.35Book Value: $21.24 Price to Book: 1.8 Earnings Payout Percentage: 39% Walgreen pays $1.10 a year in dividends for a respectable yield of 3%. While 3% is great, Walgreen has an average of 50% increases in dividend payments over the last five years. No one considers the incredible growth rate sustainable, but with less than a 40% payout rate, there is plenty of room to grow. TheStreet's Gary Morrow writes about Walgreen on Real Money in Walgreen Moving Well Ahead of Earnings. WAG Dividend data by YCharts
Shares are slowly but steadily climbing in the last 30 days. Shares are now 2.8% higher than last month. The chart is a solid bull trend. In fact, the stock appreciated over 9% in the last year, and the average analyst target price for Walgreen is $38.82. Currently, the short interest based on the float is inconsequential and not a big concern. Short interest is 2.6%, just enough to keep short sellers up at night.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV