CVS Health Corporation (CVS)
Market Cap | 97.40B |
Revenue (ttm) | 357.78B |
Net Income (ttm) | 8.34B |
Shares Out | 1.26B |
EPS (ttm) | 6.47 |
PE Ratio | 11.99 |
Forward PE | 9.26 |
Dividend | $2.66 (3.43%) |
Ex-Dividend Date | Jan 19, 2024 |
Volume | 7,116,131 |
Open | 77.26 |
Previous Close | 77.40 |
Day's Range | 76.39 - 77.64 |
52-Week Range | 64.41 - 83.25 |
Beta | 0.50 |
Analysts | Buy |
Price Target | 90.14 (+16.21%) |
Earnings Date | May 1, 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 $357.78 billion, an increase of 10.95% compared to the previous year's $322.47 billion. Earnings were $8.34 billion, an increase of 93.55%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CVS stock is "Buy." The 12-month stock price forecast is $90.14, which is an increase of 16.21% from the latest price.
News
Should You Pick CVS Stock At $75 After A 6% Fall This Year?
CVS Health (NYSE: CVS) reported its Q4 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $93.8 billion and adjusted earnings of $2.12 per sha...
CVS And Walgreens Will Start Selling Abortion Pills This Month: Here's What We Know
CVS and Walgreens will begin selling the abortion pill mifepristone at pharmacies across select states in the coming weeks, as the Supreme Court gears up to hear oral arguments about the drug at the e...
CVS and Walgreens to start dispensing abortion pill in a few states this month
He added that Walgreens was “not going to dispense in states where the laws are unclear” -- such as in Kansas, Montana and Wyoming, where abortion laws are being challenged and are currently in limbo ...
CVS and Walgreens will start dispensing abortion pill mifepristone in select states in coming weeks
CVS Health Corp. and Walgreens Boots Alliance Inc. said Friday they will start to offer the abortion pill mifepristone in select states starting this month.
CVS and Walgreens to start selling abortion pill mifepristone this month
CVS and Walgreens have received certification from the FDA to dispense the commonly used mifepristone at their retail pharmacies, spokespeople told CNBC.
CVS, Walgreens to begin selling abortion pill this month
CVS and Walgreens, the two largest U.S. pharmacy chains, will start selling abortion pill mifepristone at their stores in several states this month.
CVS Health Ramps Up Affordable Housing Push
CVS Health, one of the nation's largest providers of medical care at its drugstores and clinics, is ramping investments in housing as the company intensifies strategies to address social determinants ...
Calls of the Day: Salesforce and CVS
Calls of the Day: Salesforce and CVS getting some bullish calls from the street. The Investment Committee debate these stocks.
Grubhub Grows Convenience Offering with CVS Pharmacy
Just in time for the start of daylight saving time, customers can score deals on health, wellness and other convenience items so they can spring forward with ease CHICAGO , Feb. 22, 2024 /PRNewswire/ ...
CVS Health invests nearly $35 million in affordable housing in Hawai'i
The investments are one of many initiatives ranging from retail to workforce and philanthropy that exemplify the company's longstanding commitment to the people of Hawai'i WOONSOCKET, R.I. , Feb. 21, ...
CVS Health to participate at the 45nd Annual Raymond James Institutional Investors Conference
WOONSOCKET, R.I. , Feb. 21, 2024 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced that Executive Vice President and Chief Financial Officer Tom Cowhey will participate in a fireside chat with in...
CVS Sticking With Clinic Expansion Strategy Despite Walgreens Woes
CVS Health chief executive officer Karen Lynch said the healthcare giant is sticking with its expansion strategy for Oak Street Health to open 50 to 60 clinics for seniors next year.
CVS has natural hedges built in the business due to healthcare, managed care, and pharmacy: Analyst
Despite reporting better-than-expected fourth-quarter earnings results, CVS Health (CVS) had to cut its full-year outlook due to medical cost pressures. Piper Sandler Healthcare Analyst Jessica Tassan...
CVS Beats Estimates, but Cuts Full-Year Profit Outlook on Higher Medical Costs
CVS Healthcare (CVS) shares gained ground on Wednesday after the company reported better-than-expected earnings but lowered its 2024 guidance due to an increase in insurance payouts.
CVS Enhances Omnichannel Services to Offer Customers More Connected Healthcare Experience
CVS Health announced profitable fourth-quarter (Q4) and full-year earnings on Wednesday (Feb. 7), crediting initiatives to improve primary care and expand omnichannel health services. These efforts ai...
CVS Health Cuts 2024 Guidance Due to Higher Medical Costs
The healthcare company's revised earnings projections are likely to add to investor uncertainty about the Medicare Advantage business.
CVS beats estimates, but cuts full-year profit outlook on higher medical costs
CNBC's Bertha Coombs joins 'Squawk Box' to discuss the company's quarterly earnings results.
CVS Health Profits Hit $2 Billion As Company Benefits From Obamacare And New Businesses
CVS Health reported net income of $2 billion thanks to double-digit percentage growth in the company's healthcare benefits and services businesses that included contributions from a big boost in Obama...
CVS' stock slips after earnings beat by a wide margin but full-year outlook was cut due to higher medical costs
Shares of CVS Health Corp. CVS, +1.82% fell 0.3% in premarket trading Wednesday, after the drugstore chain and health care services company's fourth-quarter results beat expectations by wide margins, ...
CVS cuts 2024 profit forecast on elevated medical costs
CVS Health lowered its adjusted profit forecast for 2024 on Wednesday after an increase in medical care among older adults in the United States drove up fourth-quarter costs at its insurance business.
CVS HEALTH REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS
WOONSOCKET, R.I. , Feb. 7, 2024 /PRNewswire/ -- CVS Health Corporation (NYSE: CVS) today announced operating results for the three months and year ended December 31, 2023.
CVS Health Earnings Are Soon. Medicare Advantage Will Be in Focus.
The company is a major player in the Medicare Advantage business, along with Humana and UnitedHealth.
CVS Health adds two new renewable energy projects with Constellation
The two investments will reduce the company's carbon footprint by nearly 114,000 metric tons annually WOONSOCKET, R.I. , Jan. 25, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced two agree...
Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads
Tyson Foods drops CVS for startup PBM offering drug price transparency