CVS Health Corporation (CVS)
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]
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 "Buy." The 12-month stock price forecast is $73.0, which is an increase of 28.45% from the latest price.
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...
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...
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...
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...
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...
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.
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...
CVS Health adds four new board members in deal with Glenview Capital
CNBC's David Faber reports on news from CVS.
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...
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...
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.
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.
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...
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.
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...
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...
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 ...
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...
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...
CVS earnings: Shares soar on mixed results
CNBC's Bertha Coombs reports on news from CVS.
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...
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.
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...
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...
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.