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Market Cap 111.16B P/E 17.58 EPS this Y 12.40% Ern Qtrly Grth 24.10%
Income 6.69B Forward P/E 12.74 EPS next Y 11.80% 50D Avg Chg 4.00%
Sales 171.72B PEG 1.16 EPS past 5Y 13.68% 200D Avg Chg -2.00%
Dividend 1.00% Price/Book 2.91 EPS next 5Y 12.05% 52W High Chg -14.00%
Recommedations 1.90 Quick Ratio 1.32 Shares Outstanding 231.89M 52W Low Chg 14.00%
Insider Own 0.19% ROA 5.93% Shares Float 231.36M Beta 0.83
Inst Own 92.33% ROE 16.58% Shares Shorted/Prior 2.20M/1.67M Price 471.72
Gross Margin 28.34% Profit Margin 3.90% Avg. Volume 1,369,872 Target Price 602.60
Oper. Margin 6.93% Earnings Date Oct 16 Volume 932,969 Change 0.80%
About Elevance Health, Inc.

Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana.

Elevance Health, Inc. News
11/19/24 Elevance Health price target lowered to $483 from $495 at Wells Fargo
11/16/24 Insiders At Elevance Health Sold US$12m In Stock, Alluding To Potential Weakness
11/12/24 Elevance Health Declines 20% in 3 Months: Time to Sell the Stock?
11/05/24 Elevance Health Announces Appearance at UBS Global Healthcare Conference
11/04/24 Elevance Health Appoints Nathan Rich Vice President, Investor Relations
11/04/24 Elevance Health sues HHS over Medicare Advantage star ratings
10/28/24 Is Elevance Health, Inc. (ELV) the Most Profitable Value Stock To Invest In?
10/25/24 Centene Stock Rallies After Strong Earnings, Medicaid Comments
10/23/24 Is Elevance Health, Inc. (NYSE:ELV) the Most Undervalued Value Stock to Buy According to Analysts?
10/23/24 Elevance Health (NYSE:ELV) Could Easily Take On More Debt
10/19/24 Why Do Health Insurers Keep Getting Slammed With Higher Costs?
10/18/24 An Elevance Health Exec Canceled His Plan to Sell Stock Weeks Before the Plunge
10/18/24 Zacks Industry Outlook Highlights Elevance Health, Doximity and HealthEquity
10/18/24 Elevance Health Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
10/18/24 Elevance Health Inc (ELV) Q3 2024 Earnings Call Highlights: Revenue Growth Amid Medicaid Challenges
10/18/24 Q3 2024 Elevance Health Inc Earnings Call
10/18/24 Decoding Elevance Health Inc (ELV): A Strategic SWOT Insight
10/17/24 AP Top Extended Financial Headlines at 8:45 p.m. EDT
10/17/24 Elevance Health stock tumbles on Medicaid, Medicare changes
10/17/24 Elevance Health points to Medicaid challenges in Q3 profit miss
ELV Chatroom

User Image KingAP Posted - 4 hours ago

$ELV oversold but still a lot of downside risk

User Image LongOrShort01 Posted - 4 hours ago

$ELV $HUM $CNC $UNH https://www.wsj.com/livecoverage/nvidia-earnings-stock-market-today-dow-sp500-nasdaq-live-11-20-2024/card/dr-oz-s-cms-nomination-sparks-mixed-reaction-from-healthcare-investors-DVTEUxOdV8xJWmYgjSKv?siteid=yhoof2

User Image RobotMumba100 Posted - 12 hours ago

$ELV soon...we will be over 400$ soon....

User Image Stocks_Sportsbikes Posted - 13 hours ago

$ELV Anyone familiar with this from ELVs SEC page? Looks like T Rowe Price increased it's stake on Nov14th. Looking at Prices breakdown from last quarter they increased their position? Can anyone confirm?

User Image Roquetrader007 Posted - 17 hours ago

$ELV I must be missing something here lol smh Can’t understand why we are not up like the others today lol

User Image Roquetrader007 Posted - 18 hours ago

$ELV Any thoughts on why we are barely up today and all the other insurers minus CI are up like crazy after Dr. OZ news ?

User Image Dyl_Dalton Posted - 18 hours ago

$ELV $WFC LFG, expected this to move higher. Also, your thoughts on MYNZ? Who's behind the 30M share offering deal? 👀 And how could the Thermo Fisher (TMO) partnership ($210B market cap) reflect this stock movement and PR buzz everywhere on socials?

User Image AlenaMartin Posted - 19 hours ago

$NXPI $ELV LFG, expected this to move higher. Also, your thoughts on MYNZ? Who's behind the 30M share offering deal? 👀 And how could the Thermo Fisher (TMO) partnership ($210B market cap) reflect this stock movement and PR buzz everywhere on socials?

User Image DonCorleone77 Posted - 21 hours ago

$HUM $UNH $CVS $ELV Dr. Oz spoke of expanding Medicare Advantage plans, says JPMorgan JPMorgan views President-elect Trump's nomination of Dr. Mehmet Oz to be Centers for Medicare and Medicaid Services Administrator as a surprise pick to oversee Medicare, Medicaid and the Affordable Care Act Exchanges. While there is limited information to gauge the nomination from a policy perspective, the pieces of information indicate Oz would will follow conventional Republican approach to running CMS, the analyst tells investors in a research note. The firm points out that in an interview with AARP in 2022 during his unsuccessful Senate campaign, Oz said: "We can expand Medicare Advantage plans. These plans are popular among seniors, consistently provide quality care and have a needed incentive to keep costs low." JPMorgan sees this as consistent with its expectations that CMS under Republican control would support Medicare Advantage. This is favorable for companies like Humana (HUM), UnitedHealth (UNH), CVS Health (CVS) and Elevance Health (ELV), the firm contends.

User Image Stocks_Sportsbikes Posted - 1 day ago

$ELV HHS/CMS lawsuit Filed Nov 1st 2024 - $375 million, upgrade 2 plans to 4.0 stars, upgrade 1 plan to 3.5 stars. Review of all data for all plans year 2024-2025 possible other plans to be challenged as well. Read the lawsuit here:👇 https://www.documentcloud.org/documents/25267851-elevance_health_star_ratings June 2024 judgment Elevance awarded 1/9 contracts upgraded BCBS Georgia 👇 https://caselaw.findlaw.com/court/us-dis-crt-dis-col/116253537.html#:~:text=ELEVANCE%20HEALTH%20INC%20v.,BECERRA%20(2024)%20%7C%20FindLaw Other insurers filing suits currently against CMS/HHS - Humana, United Health, KFF, Centene Screen shots provided of current lawsuit. Still in litigation.

User Image RobotMumba100 Posted - 1 day ago

$ELV I read again the last results...why this drop? Adjusted Diluted Earnings Per Share (EPS): $8.37 for Q3 2024, below expectations. GAAP Diluted EPS: $4.36 for Q3 2024. Total Operating Revenue: $44.7 billion, up over 5% year-over-year. Benefit Expense Ratio: 89.5% for Q3 2024, an increase of 270 basis points year-over-year. Adjusted Operating Expense Ratio: 9.6%, an improvement of 150 basis points. Adjusted Operating Gain: $2.4 billion for Q3 2024 and $8.3 billion year-to-date. Membership: 45.8 million members, flat sequentially; commercial membership grew by nearly 600,000 year-over-year. Days in Claims Payable: 42.8 days, slightly above the targeted range. Full Year Outlook for Adjusted Diluted EPS: Reduced to approximately $33. Full Year Operating Cash Flow: Expected to be approximately $4.5 billion.

User Image jp476 Posted - 1 day ago

$ELV This goes below 350 before it gets better.

User Image kagrawala Posted - 1 day ago

$ELV cfo and ceo jobs should be on the line imo. Be patient no need to add yet, let it bottom

User Image LongOrShort01 Posted - 1 day ago

$ELV we need news and buybacks information!!!!

User Image stockfrank1 Posted - 1 day ago

$ELV didn't think it would break $400. Geez

User Image LongOrShort01 Posted - 1 day ago

$ELV dead monkey

User Image penny_option Posted - 2 days ago

$ELV finally a Green Day in xlv. It bounced off the support. Let’s see if it lasts

User Image iNvest4Win Posted - 2 days ago

$ELV Maybe go time.

User Image iNvest4Win Posted - 2 days ago

$ELV Go or no go………

User Image Simon77 Posted - 2 days ago

$ELV for swing traders, oversold divergence on all time frame. $SPY $QQQ $IWM PT $480s (the gap)

User Image Roquetrader007 Posted - 2 days ago

$ELV Funny how the market was saying if Kamala won that these health insurance stocks would tank and if trump won we would skyrocket …hoping we just need a little more time before liftoff but this is ridiculous at this point smh lol

User Image Jgarcapital Posted - 2 days ago

$ELV buying at these levels similar like $CI last year bounce back $100 in less than 2 months .. easy money here $500 calls cheap. Mark this and check back in February 2025

User Image Simon77 Posted - 2 days ago

$ELV Bloomberg just gave a go to load health care. Load the cheapest valuation in the sector. $HUM $CI $HUM

User Image nio11 Posted - 2 days ago

$ELV Anyone looking at this to rebound. UNH has rocketed higher after the expense ratio issue, but not this. Still near the year lows.

User Image nio11 Posted - 2 days ago

$ELV Wells Fargo puts a $483 PT and buy rating.

User Image Joaquin_Rasmussen Posted - 2 days ago

😏🚀 MYNZ We know the date of the reverse split (RS) if there will be one, but possibly a Nasdaq extension will be granted. Last time it traded, 50 million and 19 million heavy shorts attacked. Now, it has huge credibility after the TMO partnership and the meeting. The company will decide by November 25th whether or not to do an RS based on Nasdaq's response. Anyway, after the RS, I'm not worried about what happens next. A $210 billion partner TMO signing a deal with a penny stock has never happened before. I will be loading heavy on Monday. This will go to the moon like the DRUG stock recently did. The price target (PT) is $50. The squeeze will be parabolic. $ABT $ELV

User Image KingAP Posted - 3 days ago

$ELV won’t go down forever

User Image Shlobby Posted - 4 days ago

$Elv ator down

User Image KingAP Posted - 5 days ago

$ELV gonna buy one more time then wait til 387

User Image chux Posted - 5 days ago

@lextrading $ELV

Analyst Ratings
Cantor Fitzgerald Overweight Oct 1, 24
Cantor Fitzgerald Overweight Sep 20, 24
Cantor Fitzgerald Overweight Sep 10, 24
Stephens & Co. Overweight Sep 5, 24
Cantor Fitzgerald Overweight Aug 19, 24
Cantor Fitzgerald Overweight Jul 23, 24
Wells Fargo Overweight Jul 22, 24
TD Cowen Buy Jul 19, 24
Barclays Overweight Jul 18, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Dixon Robert L JR Director Director Jul 21 Sell 476.71 310 147,780 9,638 07/21/23
Kendrick Charles Morgan JR EVP & President, Com.. EVP & President, Commercial Jun 09 Option 280.62 6,328 1,775,763 20,857 06/13/22
Kendrick Charles Morgan JR EVP & President, Com.. EVP & President, Commercial Jun 09 Sell 489.56 6,328 3,097,936 14,529 06/13/22
PERU RAMIRO G Director Director May 18 Sell 468.88 990 464,191 9,405 05/20/22
Haytaian Peter D EVP & Pres., DBG & I.. EVP & Pres., DBG & IngenioRx Mar 10 Option 131.8 1,848 243,566 29,864 03/14/22
Haytaian Peter D EVP & Pres., DBG & I.. EVP & Pres., DBG & IngenioRx Mar 10 Sell 461.16 17,703 8,163,915 12,161 03/14/22
Penczek Ronald W CAO & Controller CAO & Controller Mar 01 Option 296.81 1,559 462,727 4,325 03/03/22
Penczek Ronald W CAO & Controller CAO & Controller Mar 01 Sell 463.68 2,423 1,123,497 1,902 03/03/22
Haytaian Peter D EVP & President, Com.. EVP & President, Commercial Dec 17 Option 146.93 5,833 857,043 38,475 12/17/20
Haytaian Peter D EVP & President, Com.. EVP & President, Commercial Dec 17 Sell 312.73 5,833 1,824,154 32,642 12/17/20
Haytaian Peter D EVP & President, Com.. EVP & President, Commercial Nov 18 Option 123.85 1,708 211,536 38,476 11/18/20
Haytaian Peter D EVP & President, Com.. EVP & President, Commercial Nov 18 Sell 333.9 5,834 1,947,973 32,642 11/18/20
ZIELINSKI THOMAS C EVP & General Counse.. EVP & General Counsel Nov 04 Option 232.04 1,893 439,252 19,803 11/04/20
ZIELINSKI THOMAS C EVP & General Counse.. EVP & General Counsel Nov 04 Sell 292.35 9,175 2,682,311 17,910 11/04/20