Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · Real-Time Price · USD
11.95
+0.86 (7.75%)
Nov 20, 2024, 4:00 PM EST - Market closed
7.75%
Market Cap 2.29B
Revenue (ttm) 2.47B
Net Income (ttm) -144.15M
Shares Out 191.70M
EPS (ttm) -0.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,914,113
Open 11.39
Previous Close 11.09
Day's Range 11.37 - 12.24
52-Week Range 4.46 - 14.25
Beta 1.45
Analysts Buy
Price Target 10.63 (-11.05%)
Earnings Date Oct 29, 2024

About ALHC

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform for seniors in the United States. It provides customized health care designed to meet the needs of a diverse array of seniors through its Medicare advantage plans. The company was founded in 2013 and is based in Orange, California. [Read more]

Sector Healthcare
IPO Date Mar 26, 2021
Employees 1,536
Stock Exchange NASDAQ
Ticker Symbol ALHC
Full Company Profile

Financial Performance

In 2023, Alignment Healthcare's revenue was $1.82 billion, an increase of 27.16% compared to the previous year's $1.43 billion. Losses were -$148.02 million, -1.02% less than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALHC stock is "Buy." The 12-month stock price forecast is $10.63, which is a decrease of -11.05% from the latest price.

Price Target
$10.63
(-11.05% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Alignment Healthcare Announces Private Convertible Senior Notes Transaction

Proceeds to be used to lower the Company's cost of capital by repaying the Company's existing term loan facility and for general corporate purposes Proceeds to be used to lower the Company's cost of c...

5 days ago - GlobeNewsWire

Alignment Health Plan Named a “Best” Medicare Advantage Insurer in Nevada by U.S. News & World Report

Nevada HMO plans earn 5-star and 4-star ratings in 2025 from Centers for Medicare & Medicaid Services Nevada HMO plans earn 5-star and 4-star ratings in 2025 from Centers for Medicare & Medicaid Servi...

21 days ago - GlobeNewsWire

Alignment Health Plan Named a “Best” Medicare Advantage Insurer in California by U.S. News & World Report

PPO achieves 4.5 stars, HMO 4 stars in 2025 from Centers for Medicare & Medicaid Services PPO achieves 4.5 stars, HMO 4 stars in 2025 from Centers for Medicare & Medicaid Services

21 days ago - GlobeNewsWire

Alignment Health Plan Named a “Best” Medicare Advantage Insurer in Arizona by U.S. News & World Report

First U.S. News recognition for Arizona plan since entering the state in 2022, highlighting commitment to high-quality care for seniors First U.S. News recognition for Arizona plan since entering the ...

21 days ago - GlobeNewsWire

Alignment Healthcare, Inc. (ALHC) Q3 2024 Earnings Call Transcript

Alignment Healthcare, Inc. (NASDAQ:ALHC) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants John Kao - Founder & Chief Executive Officer Thomas Freeman - Chief Financia...

22 days ago - Seeking Alpha

Alignment Healthcare Still Losing Money Even As Medicare Enrollment Rises

Alignment Healthcare Tuesday reported a net loss in its third quarter of $26.4 million even as the startup provider of Medicare Advantage coverage to seniors experienced a nearly 58% increase in healt...

22 days ago - Forbes

Alignment Healthcare Reports Third Quarter 2024 Results

ORANGE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its third quarter ended Sept. 30, 2024.

22 days ago - GlobeNewsWire

Alignment Healthcare to Announce Third Quarter 2024 Financial Results and Host Conference Call Tuesday, Oct. 29, 2024

ORANGE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after market close. Follow...

4 weeks ago - GlobeNewsWire

Alignment Healthcare Continues to Deliver High-Quality Medicare Advantage Plans, 4 Stars or Greater for 98% of Members in 2025

Medicare Advantage company retains 5- out of 5-star rating in North Carolina and Nevada, California PPO earns 4.5 stars Medicare Advantage company retains 5- out of 5-star rating in North Carolina and...

5 weeks ago - GlobeNewsWire

Alignment Health Plan Expands Provider Network with Intermountain Health, Enhancing Care Access in Nevada

Medicare Advantage company partners with nonprofit health system to deliver high-quality, coordinated care in Clark and Washoe counties Medicare Advantage company partners with nonprofit health system...

6 weeks ago - GlobeNewsWire

Alignment Health Plan Introduces 2025 Medicare Advantage Plans to Address Diverse Care Needs of Seniors, from Cost Concerns to Chronic Conditions

Medicare beneficiaries encouraged to evaluate their plan benefits during annual enrollment period, Oct. 15-Dec. 7 Medicare beneficiaries encouraged to evaluate their plan benefits during annual enroll...

7 weeks ago - GlobeNewsWire

Alignment Health Plan Ranks No. 2 in Customer Satisfaction Among Medicare Advantage Plans in California in J.D.

ORANGE, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Alignment Healt h, the consumer brand name for Alignment Healthcare (NASDAQ: ALHC), today announced Alignment Health Plan has ranked No. 2 in customer...

2 months ago - GlobeNewsWire

Alignment Healthcare to Present at Baird Global Healthcare Conference

ORANGE, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will present a...

3 months ago - GlobeNewsWire

Aging in Place, Lack of Transportation and Access, and Economic Insecurity Are Top Three Social Barriers to U.S. Senior Health

Alignment Health's 2024 Social Threats to Aging Well in America survey reveals 1 in 4 seniors skip medical care, 1 in 5 seniors do not have enough money to pay off medical debt in next year Alignment ...

3 months ago - GlobeNewsWire

Alignment Healthcare Updates its Board of Directors

ORANGE, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that Thomas (TJ) Carella and Jeffrey Margolis are stepping down as members of its Board of ...

3 months ago - GlobeNewsWire

Alignment Healthcare, Inc. (ALHC) Q2 2024 Earnings Call Transcript

Alignment Healthcare, Inc. (NASDAQ:ALHC) Q2 2024 Earnings Conference Call August 1, 2024 5:30 PM ET Company Participants John Kao - Founder & Chief Executive Officer Thomas Freeman - Chief Financial ...

3 months ago - Seeking Alpha

Alignment Healthcare Reports Second Quarter 2024 Results

ORANGE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its second quarter ended June 30, 2024.

3 months ago - GlobeNewsWire

Alignment Healthcare Inches Closer To A Profit As Medicare Enrollment Rises

Alignment Healthcare Thursday reported a $24 million loss in its second quarter as the provider of Medicare Advantage coverage to seniors experienced a 56% increase in health plan members that beat Wa...

3 months ago - Forbes

Better Health Outcomes for Seniors, Improved Access to Care and Reduced Environmental Footprint Are Top Achievements Noted in Alignment Healthcare's 3rd Annual ESG Report

New data details Medicare Advantage company's ongoing commitment to environmental, social and governance priorities New data details Medicare Advantage company's ongoing commitment to environmental, s...

4 months ago - GlobeNewsWire

Alignment Healthcare to Announce Second Quarter 2024 Financial Results and Host Conference Call Thursday, Aug. 1, 2024

ORANGE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its second quarter 2024 financial results on Thursday, Aug. 1, 2024, after market close. Follo...

4 months ago - GlobeNewsWire

Alignment Healthcare to Present at William Blair's 44th Annual Growth Stock Conference

ORANGE, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will present at...

6 months ago - GlobeNewsWire

Alignment Healthcare, Inc. (ALHC) Q1 2024 Earnings Call Transcript

Alignment Healthcare, Inc. (NASDAQ:ALHC) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants John Kao - Founder and Chief Executive Officer Thomas Freeman - Chief Financial O...

7 months ago - Seeking Alpha

Alignment Healthcare Reports First Quarter 2024 Results

ORANGE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its first quarter ended March 31, 2024.

7 months ago - GlobeNewsWire

Alignment Healthcare to Announce First Quarter 2024 Financial Results and Host Conference Call Thursday, May 2, 2024

ORANGE, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its first quarter 2024 financial results on Thursday, May 2, after market close. Following th...

7 months ago - GlobeNewsWire

Alignment Healthcare to Participate in a Virtual Fireside hosted by Raymond James

ORANGE, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that Thomas Freeman, chief financial officer, will participate in a virtual fireside conve...

9 months ago - GlobeNewsWire