CVS Health Corporation (CVS)
| Market Cap | 55.82B |
| Revenue (ttm) | 367.25B |
| Net Income (ttm) | 5.02B |
| Shares Out | 1.26B |
| EPS (ttm) | 3.95 |
| PE Ratio | 11.22 |
| Forward PE | 7.63 |
| Dividend | $2.66 (6.00%) |
| Ex-Dividend Date | Oct 21, 2024 |
| Volume | 13,665,139 |
| Open | 43.72 |
| Previous Close | 43.78 |
| Day's Range | 43.68 - 44.77 |
| 52-Week Range | 43.60 - 83.25 |
| Beta | 0.54 |
| Analysts | Strong Buy |
| Price Target | 71.12 (+60.33%) |
| Earnings Date | Feb 5, 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 17 analysts, the average rating for CVS stock is "Strong Buy." The 12-month stock price forecast is $71.12, which is an increase of 60.33% from the latest price.
News
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 ...
CVS Health Corporation Announces Pricing of Maximum Tender Offer
WOONSOCKET, R.I. , Dec. 16, 2024 /PRNewswire/ -- CVS Health Corporation ("CVS Health" or the "Company," NYSE: CVS) announced today the applicable Reference Yields and Total Consideration (each as summ...
Insurer stocks fall after Trump says 'we're going to knock out the middleman'
Shares of health insurers operating pharmacy benefit managers fell on Monday after U.S. President-elect Donald Trump called them middlemen who drive up costs and said he plans to eliminate their role.
CVS Health Corporation Announces Early Results of Maximum Tender Offer and Election of Early Settlement
WOONSOCKET, R.I. , Dec. 16, 2024 /PRNewswire/ -- CVS Health Corporation ("CVS Health" or the "Company," NYSE: CVS) announced today the early results of the previously announced cash tender offer (the ...
3 Dividend Stocks for December 2024
#Morningstar #IncomeInvestors #DividendStocks These stocks all trade at discounts to their Morningstar fair value estimates. 00:00 Introduction 00:10 British American Tobacco BTI 01:07 ConocoPhillips...
CVS's Sell-Off May Be Overblown
CVS plunged to $49, trading at a forward P/E of 8-9x, well below its 16x historical average. PBM segment contributes 46% of CVS income; fears of reform impact led to significant market overreaction. A...
Stock Of The Day: Historic Technical Analysis Lesson In CVS
Shares of CVS Health Corporation CVS are trading lower on Thursday. This move could break important support.
Senators Warren and Hawley introduce a bipartisan bill to break up pharmacy-benefit managers
CNBC's Bertha Coombs joins ‘The Exchange' to discuss a bipartisan bill introduced by Senators Elizabeth Warren and Josh Hawley aimed at breaking up pharmacy-benefit managers.
CVS Might Just Be the Last Drugstore Stock. Should It Be Broken Up?
The pharmacy stock would stand by itself if Walgreens goes private. Wall Street weighs in on the worth of the company's parts.
Health care stocks fall as lawmakers, patients push for changes to their business models
Shares of major healthcare companies fell nearly 5% on Wednesday on concerns related to potential changes to their complex business models. That includes UnitedHealth Group, Cigna and CVS Health, whic...
Health insurer stocks fall as WSJ says lawmakers set to break up pharmacy-benefit managers
Shares of health insurers such as UnitedHealth and CVS Health fell on Wednesday after a Wall Street Journal report said a bipartisan group of lawmakers were set to introduce legislation to break up ph...
Here's why the CVS Health stock price may rebound in 2025
CVS Health stock price continued to underperform the market this year as the pharmacy industry faced significant challenges. It has dropped by over 30% this year, while the S&P 500 and Nasdaq 100 indi...
Insurance stocks have fallen since UnitedHealthcare CEO's killing
Major insurance stocks have fallen more than 6% since their closing prices last Tuesday, the day before the deadly shooting of Brian Thompson, the CEO of UnitedHealth Group's insurance arm. That inclu...