Elevance Health Inc. (ELV)

NYSE: ELV · IEX Real-Time Price · USD
477.71
-2.70 (-0.56%)
Feb 3, 2023, 4:00 PM EST - Market closed
-0.56%
Market Cap 114.09B
Revenue (ttm) 153.25B
Net Income (ttm) 6.21B
Shares Out 238.83M
EPS (ttm) 25.50
PE Ratio 18.73
Forward PE 15.90
Dividend $5.12 (1.07%)
Ex-Dividend Date Dec 2, 2022
Volume 992,036
Open 481.19
Previous Close 480.41
Day's Range 476.44 - 487.37
52-Week Range 432.03 - 549.52
Beta 0.89
Analysts Buy
Price Target 590.09 (+23.53%)
Earnings Date Jan 25, 2023

About ELV

Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana. [Read more]

Sector Healthcare
Founded 1944
Employees 98,200
Stock Exchange NYSE
Ticker Symbol ELV
Full Company Profile

Financial Performance

In 2021, ELV's revenue was $138.64 billion, an increase of 13.76% compared to the previous year's $121.87 billion. Earnings were $6.10 billion, an increase of 33.51%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for ELV stock is "Buy." The 12-month stock price forecast is $590.09, which is an increase of 23.53% from the latest price.

Price Target
$590.09
(23.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Health-insurance stocks drop after Medicare Advantage proposes lower rates for 2024

A proposal for lower-than-expected Medicare Advantage rates in 2024 has sent shares of publicly traded health insurers falling.

Other symbols: CICNCHUMMOHUNH
2 days ago - Market Watch

Elevance Health (ELV) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Elevance Health (ELV) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wa...

1 week ago - Zacks Investment Research

Elevance Health's 2.750% Senior Convertible Debentures due 2042 to Accrue Contingent Interest

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) announced today that for the six-month interest period commencing on October 15, 2022, its 2.750% Senior Convertible Debentures due 2...

1 week ago - Business Wire

Elevance Health (ELV) Tops on Q4 Earnings, Hikes Dividend

Elevance Health's (ELV) fourth-quarter earnings gain on solid premiums from its Medicaid business. Management approves a quarterly dividend hike of 16%.

1 week ago - Zacks Investment Research

Elevance Health (ELV) Surpasses Q4 Earnings Estimates

Elevance Health (ELV) delivered earnings and revenue surprises of 0.58% and 0.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Elevance Health Reports Fourth Quarter and Full Year 2022 Results

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) reported fourth quarter and full year 2022 results reflecting strong financial performance, including double-digit growth in revenue,...

1 week ago - Business Wire

AM Best Comments on Credit Ratings of Elevance Health, Inc. and Its Subsidiaries Following Acquisition Announcement

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Elevance Health, Inc. (Elevance) (Indianapolis, IN) [NYSE: ELV] and its insurance subsidiaries entities rem...

1 week ago - Business Wire

Elevance to Acquire Louisiana Nonprofit Health Insurer

Terms of the deal weren't disclosed. Blue Cross and Blue Shield of Louisiana has about 1.9 million members.

1 week ago - WSJ

Elevance Health to Acquire Blue Cross and Blue Shield of Louisiana

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) and Blue Cross and Blue Shield of Louisiana announced today that the companies have entered into a definitive agreement through which...

1 week ago - Business Wire

Elevance Health (ELV) to Post Q4 Earnings: What to Expect

Elevance Health's (ELV) fourth-quarter results are likely to reflect higher premiums, Commercial & Specialty Business' sales and total expenses.

1 week ago - Zacks Investment Research

Elevance Health, Cigna's stocks gain

Shares of several health insurers rallied in trading on Friday after UnitedHealth Group Inc. UNH, +1.79% reported better-than-expected profit and revenue in the fourth quarter of 2022. Elevance Health...

Other symbols: CI
3 weeks ago - Market Watch

Elevance Health to Hold Conference Call and Webcast to Discuss Fourth Quarter Results on January 25, 2023

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health (NYSE: ELV) will release fourth quarter 2022 financial results on January 25, 2023, at 6:00 a.m. Eastern Standard Time (“EST”). Management will review ...

3 weeks ago - Business Wire

Why You Should Hold Elevance Health (ELV) in Your Portfolio

Elevance Health (ELV) remains well-poised for growth due to a growing customer base within its Government and IngenioRx businesses coupled with solid cash-generating abilities.

3 weeks ago - Zacks Investment Research

ELV vs. PGNY: Which Stock Is the Better Value Option?

ELV vs. PGNY: Which Stock Is the Better Value Option?

Other symbols: PGNY
1 month ago - Zacks Investment Research

Elevance: A Standout Health Care Stock

Health care has been a nightmare of a place to invest in over the last year. One area of the health care space that has withstood the sharp declines, however, are those companies that operate in the m...

1 month ago - GuruFocus

Is Elevance Health, Inc. (ELV) Stock Outpacing Its Medical Peers This Year?

Here is how Elevance Health (ELV) and Genmab AS Sponsored ADR (GMAB) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Andreas Halvorsen's Top 5 Trades of the 3rd Quarter

Viking Global Investors LP, the firm founded by Andreas Halvorsen (Trades, Portfolio), disclosed in a regulatory filing that its top five trades during the third quarter included the closure of its po...

Other symbols: AIGCNCTMUSV
2 months ago - GuruFocus

3 Top-Ranked Large-Caps With Big Growth

Large-cap stocks are a staple in every portfolio. They're well-established, have greater analyst coverage, typically pay dividends, and help shield investors from volatility.

Other symbols: ADMMPC
2 months ago - Zacks Investment Research

The Most-Sold Guru Stocks of the 3rd Quarter

The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued raising interest rates and even the housing market began showing sig...

Other symbols: AMGNCVSHDWFC
2 months ago - GuruFocus

Factors That Make Elevance Health (ELV) a Lucrative Bet Now

Elevance Health (ELV) continues to benefit from sustained top-line growth, higher membership in Government business and a sturdy financial position.

2 months ago - Zacks Investment Research

ELV vs. PGNY: Which Stock Should Value Investors Buy Now?

ELV vs. PGNY: Which Stock Is the Better Value Option?

Other symbols: PGNY
2 months ago - Zacks Investment Research

Twenty-one Elevance Health Medicaid Plans Receive NCQA Health Equity Accreditation

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) announced today that 21 of its affiliated Medicaid plans are the first in the nation to earn a full three-year accreditation for heal...

2 months ago - Business Wire

Is Elevance Health, Inc. (ELV) Outperforming Other Medical Stocks This Year?

Here is how Elevance Health (ELV) and Genmab AS Sponsored ADR (GMAB) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

7 Top-Rated Large-Cap Stocks to Buy and Hold

Large-cap stocks are always great to have in a portfolio. These companies are some of the biggest and best-known stocks in the market.

Other symbols: AAPLJNJMELIQCOMRTXWMT
2 months ago - InvestorPlace

Why Is Elevance Health (ELV) Down 5% Since Last Earnings Report?

Elevance Health (ELV) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research