CVS Health Corporation (CVS)
Market Cap | 66.88B |
Revenue (ttm) | 367.25B |
Net Income (ttm) | 5.02B |
Shares Out | 1.26B |
EPS (ttm) | 3.95 |
PE Ratio | 13.44 |
Forward PE | 9.34 |
Dividend | $2.66 (5.01%) |
Ex-Dividend Date | Jan 23, 2025 |
Volume | 8,465,301 |
Open | 52.94 |
Previous Close | 52.62 |
Day's Range | 52.21 - 53.27 |
52-Week Range | 43.56 - 80.75 |
Beta | 0.59 |
Analysts | Buy |
Price Target | 69.25 (+30.29%) |
Earnings Date | Feb 12, 2025 |
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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for CVS stock is "Buy." The 12-month stock price forecast is $69.25, which is an increase of 30.29% from the latest price.
News
Rose's Income Garden Portfolio Revealed: Yield 6.2%/Defensive Sector Winners
The "RIG" portfolio aims for 50% income from defensive sectors and includes 83 stocks across 11+ sectors, focusing on investment-grade stocks. Defensive sectors include consumer staples, healthcare, u...
CVS Health Isn't Going To The Dogs
CVS Health's poor 2024 performance was driven by negative macro and micro factors. Investors became too pessimistic about the company's forward prospects. A new CEO is a catalyst. Despite weak 2024 f...
CVS Health to hold fourth quarter and full year 2024 earnings conference call
WOONSOCKET, R.I. , Jan. 13, 2025 /PRNewswire/ -- CVS Health® (NYSE: CVS) will hold a conference call with analysts and investors on Wednesday, February 12 th, 2025, at 8:00 a.m.
CVS Health stock price rises after Walgreens earnings: is it a buy?
The CVS Health stock price rebounded to $48 on Monday, up 10% from its lowest in December. This rebound continued after the strong Walgreens Boots Alliance earnings, which pushed the stock up almost 5...
CVS Health supporting customers, patients, members and colleagues amid California wildfires
WOONSOCKET, R.I. , Jan. 10, 2025 /PRNewswire/ -- CVS Health® (NYSE: CVS) is actively supporting its customers, members, provider partners and colleagues as they respond to the California wildfires.
CVS Health: An Attractive 5.8% Safe Yield For Now
Despite significant headwinds and a 43% stock decline, CVS Health's 5.8% dividend yield remains attractive, with a well-covered payout ratio of 55.9%. CVS faces strong competition from Amazon, Walmart...
This Stock Has A 5.81% Yield And Sells For Less Than Book
CVS Health has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, CVS shares displayed both a...
CVS Pharmacy achieves CVS CostVantage milestone
All commercial prescriptions dispensed at CVS Pharmacy will be reimbursed through CVS CostVantage starting this year Innovative approach uses a transparent formula built on the drug acquisition cost,...
CVS Health announces quarterly dividend
WOONSOCKET, R.I. , Jan. 3, 2025 /PRNewswire/ -- CVS Health (NYSE: CVS) has announced that its board of directors has approved a quarterly dividend of sixty-six and one-half cents ($0.665 cents) per sh...
Wall Street's Most Accurate Analysts Spotlight On 3 Health Care Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Why 2025 Could Be A Good Reimbursement Year For CVS And Walgreens
Legislation slowly wending its way through states and in Washington could mean increased payments to drugstore chains like CVS Health, Walgreens, Walmart and independent pharmacies across the country.
Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS Locations
New Collaboration with Green Dot Enables Cash Deposits at Over 7,500 CVS Pharmacy Locations AUSTIN, Texas and SAN FRANCISCO , Dec. 20, 2024 /PRNewswire/ -- Varo Bank , the first all-digital nationally...
CVS accused of billing the U.S. for illegal opioid prescriptions
The U.S. Department of Justice announced a lawsuit against CVS. Transcript: Conway Gittens: There's a rebound on Wall Street Thursday, one-day after stocks suffered their biggest drops since August.
Cramer's Mad Dash: CVS Health
CNBC's Jim Cramer delivers his daily Mad Dash.
DOJ Files Complaint in Intervention in Baron & Budd Whistleblower Lawsuit Against CVS Pharmacy
WASHINGTON--(BUSINESS WIRE)--Today, the United States Department of Justice (DOJ) announced it has filed a complaint in intervention in a whistleblower lawsuit brought under the False Claims Act (FCA)...
US accuses CVS of filling, billing government for illegal opioid prescriptions
The U.S. Department of Justice on Wednesday announced a lawsuit accusing CVS of filling and billing federal health insurance programs for illegal opioid prescriptions.
Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63...
Bert's November 2024 Dividend Income Summary
We focused on building two positions over the last year: Realty Income and Starbucks. AT&T slashed its dividend several years ago in an effort to shore up its balance sheet. Starbucks has rebounded we...
UnitedHealth, CVS, and Cigna stock prices take another hit after Trump says he's going to ‘knock out' drug industry middlemen
Shares in major healthcare companies fell yesterday after president-elect Donald Trump made comments that he wanted to “knock out” prescription drug industry middlemen. The fall makes this yet another...
CVS's stock seeing worst month in decades as drug seller gets criticism from both parties
CVS's stock was headed to its biggest monthly loss in 23 years, as Donald Trump vowed to “knock out” the pharmacy middleman.
Wall Street's Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
CVS Health stock price has crashed: buy this dip
CVS Health (CVS) stock price continued its strong downward trend as the company's woes accelerated. Most recently, it has dropped in the last three consecutive weeks, moving to a low of $46.60, its lo...
Is CVS Stock A Better Pick Over UNH Stock?
Health insurance companies have been in the limelight lately after the shooting of Brian Thompson, the CEO of the medical insurance arm of UNH. Furthermore, a news report suggesting that a bipartisan ...