InnovAge Holding Corp. (INNV)

NASDAQ: INNV · Real-Time Price · USD
5.91
+0.09 (1.55%)
Oct 22, 2024, 4:00 PM EDT - Market closed
1.55%
Market Cap 801.52M
Revenue (ttm) 763.86M
Net Income (ttm) -21.34M
Shares Out 135.62M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,872
Open 5.95
Previous Close 5.82
Day's Range 5.84 - 6.01
52-Week Range 3.52 - 6.61
Beta 0.38
Analysts Hold
Price Target 6.50 (+9.98%)
Earnings Date Nov 5, 2024

About INNV

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; ... [Read more]

Sector Healthcare
IPO Date Mar 4, 2021
Employees 2,350
Stock Exchange NASDAQ
Ticker Symbol INNV
Full Company Profile

Financial Performance

In 2024, InnovAge Holding's revenue was $763.86 million, an increase of 11.01% compared to the previous year's $688.09 million. Losses were -$21.34 million, -47.54% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for INNV stock is "Hold." The 12-month stock price forecast is $6.5, which is an increase of 9.98% from the latest price.

Price Target
$6.5
(9.98% upside)
Analyst Consensus: Hold
Stock Forecasts

News

InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference

InnovAge PACE leaders will highlight ongoing clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference.

11 days ago - GlobeNewsWire

UPDATE – Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors

DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), please note that in the fifth paragraph of t...

5 weeks ago - GlobeNewsWire

Leading PACE Provider InnovAge Selected to Participate in National Study Focused on Preventing Falls by Seniors

DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), a leading Program of All-inclusive Care for the Elderly (PACE) provider, has been selected as a research ...

5 weeks ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Q4 2024 Earnings Call Transcript

InnovAge Holding Corp. (NASDAQ:INNV) Q4 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of IR Patrick Blair - President & CEO Benjamin Adams - ...

6 weeks ago - Seeking Alpha

InnovAge Announces Financial Results for the Fourth Quarter and Fiscal Year Ended June 30, 2024

DENVER, Sept. 10, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail seniors, pred...

6 weeks ago - GlobeNewsWire

CORRECTION -- InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

In a release issued under the same headline on Friday, August 16, 2024, by InnovAge, please note the staff count four years ago has been corrected from seven to 20 people. The revised release is as fo...

2 months ago - GlobeNewsWire

InnovAge PACE Celebrates Anniversary of Vibrant Sacramento Center

SACRAMENTO, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligib...

2 months ago - GlobeNewsWire

InnovAge Holding Corp. Announces $5.0 Million Share Repurchase Program

DENVER, June 10, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (NASDAQ: INNV) (the “Company” or “InnovAge”) announced today that its Board of Directors has approved a share repurchase program (the “...

4 months ago - GlobeNewsWire

InnovAge PACE Recertified as a Great Place to Work

DENVER, June 03, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligible seniors t...

5 months ago - GlobeNewsWire

InnovAge Celebrates Grand Opening of Orlando's First PACE Center in Partnership with Orlando Health

ORLANDO, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to predominantly dual-eligible sen...

5 months ago - GlobeNewsWire

InnovAge Welcomes John Koehn as Senior Vice President of External Affairs

DENVER, May 20, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Prog...

5 months ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Q3 2024 Earnings Call Transcript

InnovAge Holding Corp. (NASDAQ:INNV) Q3 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Ryan Kubota - Director of Investor Relations Patrick Blair - President & Chief Execut...

5 months ago - Seeking Alpha

InnovAge Launches PACE Center in Los Angeles, Helping Seniors Live Independently with High-Quality Care

LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), the healthcare industry leader in providing comprehensive healthcare programs to dual-eligible senio...

6 months ago - GlobeNewsWire

InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024

DENVER, April 23, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, and predomin...

6 months ago - GlobeNewsWire

InnovAge Launches First PACE Center in Florida Providing Comprehensive Healthcare Program for Seniors to Promote Independence

TAMPA, Fla., March 04, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), the industry leader in providing comprehensive healthcare programs to dual-eligible seniors through ...

8 months ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Q2 2024 Earnings Call Transcript

InnovAge Holding Corp. (INNV) Q2 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

InnovAge Announces Financial Results for the Fiscal Second Quarter Ended December 31, 2023

DENVER, Feb. 06, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly...

9 months ago - GlobeNewsWire

InnovAge to Announce Fiscal Second Quarter 2024 Financial Results and Host Conference Call Tuesday, February 6, 2024

DENVER, Jan. 23, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, and predomina...

9 months ago - GlobeNewsWire

InnovAge Announces Acquisition of ConcertoCare's PACE Programs

DENVER, Dec. 01, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible se...

11 months ago - GlobeNewsWire

InnovAge Holding Corp. (INNV) Q1 2024 Earnings Call Transcript

InnovAge Holding Corp. (NASDAQ:INNV) Q1 2024 Results Conference Call November 7, 2023 5:00 PM ET Company Participants Ryan Kubota - Director, IR Patrick Blair - President and CEO Benjamin Adams - CFO...

1 year ago - Seeking Alpha

InnovAge Names Darlene Flaig as New Chief Nursing Officer

DENVER, Oct. 02, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Pro...

1 year ago - GlobeNewsWire

InnovAge Holding Corp.: Enrollment Growth Metrics Suggest Business Is Recovering Well

InnovAge is showing signs of a positive recovery from previous sanctions, with notable improvements in enrollment growth. InnovAge is the leading provider of PACE, offering personalized healthcare for...

1 year ago - Seeking Alpha

InnovAge Holding Corp. (INNV) Q4 2023 Earnings Call Transcript

InnovAge Holding Corp. (NASDAQ:INNV) Q4 2023 Earnings Call Transcript September 12, 2023 5:00 PM ET Company Participants Ryan Kubota - Director, IR Patrick Blair - President and CEO Ben Adams - CFO R...

1 year ago - Seeking Alpha

InnovAge Announces Financial Results For the Fourth Quarter and Fiscal Year Ended June 30, 2023

DENVER, Sept. 12, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail seniors throu...

1 year ago - GlobeNewsWire

InnovAge to Announce Fiscal Fourth Quarter 2023 Financial Results and Host Conference Call Tuesday, September 12, 2023

DENVER, Aug. 29, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible ...

1 year ago - GlobeNewsWire