Regeneron spending $1.8B to expand footprint in New York

  • Regeneron Pharmaceuticals (REGN) will invest $1.8B over the next six years to expand its campus in Tarrytown, N.Y., Gov. Andrew Cuomo (Dem.) announced.
  • The expansion covers research, preclinical manufacturing and support facilities.
  • About 1,000 new jobs are expected to be created as a result.
  • If Regeneron meets hiring goals, the company will receive up to a $100M tax credit.

    For this year Regeneron Pharmaceuticals 's (located in Tarrytown) revenue will be around 12.2 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2021's revenue of 8.5 billion USD.

    Historical revenues and results Regeneron Pharmaceuticals plus estimates 2021

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    The analysts expect for 2021 a net profit of 5.24 billion USD. For this year the consensus of the result per share is a profit of 47.62 USD. The price/earnings-ratio is then 12.07.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the pharmaceutical companies equals an attractive1.52 percent.

    Regeneron Pharmaceuticals 's market value equals around 62.3 billion . -9

    Historical stock prices Regeneron Pharmaceuticals

    financial analysis regeneronpharmaceuticals

    On Friday, the stock closed at 574.61 USD.

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