CVS Health Corporation (CVS)

NYSE: CVS · Real-Time Price · USD
56.83
+1.06 (1.90%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.90%
Market Cap 71.52B
Revenue (ttm) 367.25B
Net Income (ttm) 5.02B
Shares Out 1.26B
EPS (ttm) 3.95
PE Ratio 14.37
Forward PE 9.47
Dividend $2.66 (4.68%)
Ex-Dividend Date Oct 21, 2024
Volume 11,424,045
Open 56.25
Previous Close 55.77
Day's Range 56.00 - 57.67
52-Week Range 52.71 - 83.25
Beta 0.54
Analysts Buy
Price Target 73.00 (+28.45%)
Earnings Date Nov 6, 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 $356.62 billion, an increase of 10.88% compared to the previous year's $321.63 billion. Earnings were $8.34 billion, an increase of 93.55%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CVS stock is "Buy." The 12-month stock price forecast is $73.0, which is an increase of 28.45% from the latest price.

Price Target
$73.0
(28.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...

Other symbols: ADMCARCEGCOPCSCOETHAL
13 hours ago - Seeking Alpha

CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices

CVS Health, UnitedHealth Group and Cigna sued the Federal Trade Commission, claiming the agency's case against drug middlemen over high insulin prices in the U.S. is unconstitutional.  The complaint i...

Other symbols: CIUNH
1 day ago - CNBC

CVS Health Corporation (CVS) Wolfe 2024 Healthcare Conference (Transcript)

CVS Health Corporation (NYSE:CVS) Wolfe 2024 Healthcare Results Conference November 19, 2024 10:20 AM ET Company Participants Tom Cowhey - Executive Vice President, Chief Financial Officer Conference...

1 day ago - Seeking Alpha

CVS Health Taps Physician To Lead Healthcare Delivery Business

CVS Health elevated Dr. Sreekanth Chaguturu to lead the company's healthcare delivery business a year after the company spent more than $20 billion on homecare provider Signify Health and senior clini...

1 day ago - Forbes

CVS Health names Dr. Sreekanth Chaguturu President, Health Care Delivery

WOONSOCKET, R.I. , Nov. 19, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced that Dr. Sreekanth Chaguturu will be President, Health Care Delivery, in addition to his current role as Execut...

1 day ago - PRNewsWire

3-Stock Lunch: Nike, CVS Health & Uber

Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: NKEUBER
2 days ago - CNBC Television

Glenview Capital CEO Larry Robbins on the deal for new CVS Health board seats

Larry Robbins, Glenview Capital Management CEO, joins CNBC's 'Squawk on the Street' to discuss his firm's four new seats on the board at CVS, how the company can recover after a long decline, and more...

2 days ago - CNBC Television

CVS Health adds four new board members in deal with Glenview Capital

CNBC's David Faber reports on news from CVS.

2 days ago - CNBC Television

CVS Health Adds Four Board Seats In Deal With Hedge Fund

CVS Health Monday said four new members will be added to its board from the hedge fund Glenview Capital Management, an activist investor that had been pushing for changes at the diversified healthcare...

2 days ago - Forbes

CVS strikes deal with activist Glenview Capital for four board seats

CVS Health struck a deal with dissident Glenview Capital giving the investor four board seats. Glenview had been pushing for changes at the healthcare giant and had met with former CEO Karen Lynch pri...

2 days ago - CNBC

CVS Adds 4 New Board Members After Activist Push

Hedge fund Glenview Capital Management has been advocating for improvements at the pharmacy and healthcare company.

2 days ago - Barrons

CVS adds four new board members in deal with Glenview Capital

CVS Health said on Monday it would add four new members to its board in an agreement with Glenview Capital Management, including the hedge fund's chief executive Larry Robbins.

2 days ago - Reuters

CVS Health Announces Board Appointments

CVS Health Board of Directors appoints four new members: Leslie Norwalk, Larry Robbins, Guy Sansone, and Doug Shulman Appointments follow productive engagement with Glenview Capital Management WOONSOC...

2 days ago - PRNewsWire

Large Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock

Michigan's pension bought Palantir, Intel, and CVS Health stock, while slashing an investment in Bristol Myers in the third quarter.

Other symbols: INTCPLTR
4 days ago - Barrons

Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings

Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health and added to existing bets and established a new position during the third quarter, according to re...

6 days ago - Reuters

CVS Health to present at the Wolfe 2024 Healthcare Conference

WOONSOCKET, R.I. , Nov. 11, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced that Chief Financial Officer Tom Cowhey will participate in a fireside chat with investors at the Wolfe 2024 He...

9 days ago - PRNewsWire

CVS Health Path Forward Becomes Clearer And Breakup Is Unlikely

Cold water has been tossed on the idea that CVS Health would break up the company and sell off health or pharmacy benefits from assets that provide medical care if you listen closely to the company's ...

9 days ago - Forbes

CVS Health: Is It Time For A Turnaround?

CVS Health stock surged over 11% following a sizable revenue beat and the appointment of new CEO David Joyner, an industry veteran. The political landscape shift with Trump regaining the presidency an...

13 days ago - Seeking Alpha

Could I Have Been Completely Wrong About CVS?

Despite recent struggles, I remain bullish on CVS due to its potential for long-term growth and undervaluation, with a strong support level around $50. CVS faces challenges like high debt levels and d...

13 days ago - Seeking Alpha

CVS earnings: Shares soar on mixed results

CNBC's Bertha Coombs reports on news from CVS.

14 days ago - CNBC Television

CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul

CVS Health's third-quarter earnings results released Wednesday (Nov. 6) reflected the company's ongoing efforts to adapt to a changing healthcare and retail environment. As it continued to overhaul it...

14 days ago - PYMNTS

Gold Down Over 2%; CVS Health Shares Jump After Q3 Results

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 2% on Wednesday.

14 days ago - Benzinga

CVS Health (CVS) Q3 2024 Earnings Call Transcript

CVS Health Corporation (NYSE:CVS) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants David Joyner - President, Chief Executive Officer Tom Cowhey - Executive Vice Presi...

14 days ago - Seeking Alpha

CVS Health Stock Rises After Company Beats Estimates

CVS Health (CVS) shares surged after the pharmacy chain and healthcare company posted better-than-expected results and new CEO David Joyner made leadership changes as he moves to shake up the struggli...

14 days ago - Investopedia

Buy, Sell, Or Hold CVS Stock?

CVS Health stock (NYSE: CVS) is up over 10% on Wednesday, November 6. The broader markets as well as the health insurance stocks are rallying after the Trump victory.

14 days ago - Forbes