CVS Health Corporation (CVS)

NYSE: CVS · IEX Real-Time Price · USD
55.88
-0.12 (-0.21%)
May 15, 2024, 12:45 PM EDT - Market open
-0.21%
Market Cap 70.16B
Revenue (ttm) 360.94B
Net Income (ttm) 7.32B
Shares Out 1.26B
EPS (ttm) 5.70
PE Ratio 9.79
Forward PE 6.45
Dividend $2.66 (4.76%)
Ex-Dividend Date Apr 19, 2024
Volume 7,347,205
Open 56.21
Previous Close 56.00
Day's Range 55.69 - 56.49
52-Week Range 53.70 - 83.25
Beta 0.55
Analysts Buy
Price Target 77.95 (+39.5%)
Earnings Date May 1, 2024

About CVS

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Health Services segment offers phar... [Read more]

Sector Healthcare
Founded 1963
Employees 300,000
Stock Exchange NYSE
Ticker Symbol CVS
Full Company Profile

Financial Performance

In 2023, CVS Health's revenue was $357.78 billion, an increase of 10.95% compared to the previous year's $322.47 billion. Earnings were $8.34 billion, an increase of 93.55%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CVS stock is "Buy." The 12-month stock price forecast is $77.95, which is an increase of 39.50% from the latest price.

Price Target
$77.95
(39.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trade Tracker: Amy Raskin sells Nike and CVS

Amy Raskin, CIO at Chevy Chase Trust, joins CNBC's "Halftime Report" to discuss her latest stock sales.

Other symbols: NKE
1 day ago - CNBC Television

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against CVS Health Corporation and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CVS Health Corpora...

1 day ago - Accesswire

Which Healthcare Stock Is A Better Pick – UnitedHealth Group Or CVS Health?

We believe that CVS Health stock (NYSE: CVS CVS) is currently a better pick over its peer UnitedHealth Group stock, given its attractive valuation. UNH stock trades at 1.3x revenues, versus just 0.2x...

Other symbols: UNH
1 day ago - Forbes

CONSUMER PROTECTION ALERT FOR SILVERSCRIPT PART D MEMBERS: A Class Action Lawsuit Has Been Filed Against CVS Health Corporation and Related Entities For Preventing SilverScript Members From Accessing Certain Generic Medications

RADNOR, Pa.--(BUSINESS WIRE)--The law firms of Kessler Topaz Meltzer & Check, LLP and Carella, Byrne, Cecchi, Brody & Agnello, P.C. inform current and former SilverScript Part D beneficiaries that the...

1 day ago - Business Wire

CVS LOSS ALERT: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages CVS Health Corporation Investors to Inquire About Securities Class Action Investigation - CVS

NEW YORK , May 11, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of CVS Health Corpor...

4 days ago - PRNewsWire

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages CVS Health Corporation Investors to Inquire About Securities Class Action Investigation – CVS

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of CVS Health Corporation (NYSE: ...

5 days ago - Business Wire

CVS Health survey shows mental health concerns continue to rise

Concerns higher than during COVID-19 pandemic, with the effects of social media a driving factor WOONSOCKET, R.I. , May 9, 2024 /PRNewswire/ -- A recent CVS Health® (NYSE: CVS)/Morning Consult survey ...

6 days ago - PRNewsWire

CVS Health to present at the Bank of America 2024 Healthcare Conference

WOONSOCKET, R.I. , May 7, 2024 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced that Chief Financial Officer Tom Cowhey will participate in a fireside chat with investors at the Bank of America ...

7 days ago - PRNewsWire

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against CVS Health Corporation and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CVS Health Corporat...

7 days ago - Accesswire

CVS to tap high-grade bond market with five-part deal in busy day for issuance

CVS Health Corp. is tapping the investment-grade corporate bond market on Tuesday, with a five-part deal that's expected to price later in the day.

7 days ago - Market Watch

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CVS Health Corporation - CVS

NEW YORK , May 6, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  CVS Health Corporation ("CVS" or the "Company") (NYSE: CVS).  Such investors are advised to cont...

8 days ago - PRNewsWire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against CVS Health Corporation and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CVS Health Corporat...

9 days ago - Accesswire

CVS Stock Discovers a Medicare Disadvantage

Shares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.

11 days ago - Barrons

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of CVS Health Corporation (CVS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of CVS Health Corpor...

12 days ago - Business Wire

Should You Pick CVS Health Stock At $55 After Q1 Miss?

CVS Health (NYSE: CVS) recently reported its Q1 results, with revenues and earnings missing our estimates. The company reported revenue of $88.4 billion and adjusted earnings of $1.31 per share, much ...

12 days ago - Forbes

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of CVS Health Corporation (CVS) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of CVS Health Corporation (“CVS” or the “Company”) (NYSE: CVS) investors concerning the Company's po...

12 days ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of CVS Health Corporation (CVS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of CVS Health Corporation (“CVS” or the “Company”) (NYSE: CVS) on behalf of investors concerning the Company's...

12 days ago - Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against CVS Health Corporation and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CVS Health Corporat...

12 days ago - Accesswire

S&P 500 Gains and Losses Today: CVS Falls as Health Care Costs Pressure Profits

Major U.S. equities indexes were mixed as the Federal Open Market Committee (FOMC) wrapped up its latest policy meeting, announcing it would maintain the federal funds rate at the decades-long high wh...

13 days ago - Investopedia

CVS Q1 Earnings Take A Hit From Insurance Venture

The volatile consumer healthcare sector showed up big in CVS' Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about revenue projections due to its foray into ...

13 days ago - PYMNTS

Walmart is closing down its health centers. What's that mean for Amazon, Walgreens and CVS?

Walmart Inc. WMT, -0.43% announced Tuesday it's closing its 51 health centers after the retail giant admitted the business had not seen sustainable profits since its inception in 2019.

Other symbols: AMZNWBAWMT
13 days ago - Market Watch

CVS Stock Plunges as Medicare Advantage Costs Spike

CVS Health came up short of Q1 earnings estimates and slashed its full-year outlook as medical costs surged. Here's what you need to know.

14 days ago - Kiplinger

CVS Made a Big Bet on Medicare. It's Looking Risky.

The company's Medicare business, hit by higher medical costs, pushed down CVS's first-quarter earnings.

14 days ago - WSJ

CVS Health stock just sunk to its lowest price in 3 years after the pharmacy chain cut its 2024 profit forecast

Shares of CVS Health Corporation are taking a beating in premarket trading this morning. As of the time of this writing, CVS stock is down over 12% to $59.49 per share.

14 days ago - Fast Company

CVS Stock Plummets on Earnings Miss, Lowered Guidance

CVS Health (CVS) shares tumbled close to 12% in pre-market trading Wednesday after the retail pharmacy giant posted first-quarter results that missed analysts' estimates and lowered its guidance for t...

14 days ago - Investopedia