InnovAge Holding Corp. (INNV)

NASDAQ: INNV · IEX Real-Time Price · USD
5.98
+0.08 (1.36%)
Jul 17, 2024, 4:00 PM EDT - Market closed
1.36%
Market Cap 813.21M
Revenue (ttm) 741.33M
Net Income (ttm) -30.82M
Shares Out 135.99M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 68,174
Open 5.85
Previous Close 5.90
Day's Range 5.75 - 6.15
52-Week Range 3.52 - 7.76
Beta 0.38
Analysts Hold
Price Target 6.50 (+8.7%)
Earnings Date Sep 10, 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 their 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 2,100
Stock Exchange NASDAQ
Ticker Symbol INNV
Full Company Profile

Financial Performance

In 2023, INNV's revenue was $688.09 million, a decrease of -1.51% compared to the previous year's $698.64 million. Losses were -$40.67 million, 523.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for INNV stock is "Hold." The 12-month stock price forecast is $6.5, which is an increase of 8.70% from the latest price.

Price Target
$6.5
(8.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 “...

5 weeks 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...

6 weeks 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...

7 weeks 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...

2 months ago - GlobeNewsWire

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...

3 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...

3 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 ...

4 months ago - GlobeNewsWire

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...

5 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...

6 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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

11 months 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 ...

11 months ago - GlobeNewsWire

InnovAge Strengthens Board with Appointment of New Independent Director

DENVER, Aug. 14, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors through t...

1 year ago - GlobeNewsWire

InnovAge Names Ben Adams as New Chief Financial Officer

DENVER, July 05, 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

Final Sanction Removed at InnovAge Sacramento PACE Center Enabling New Participant Enrollment

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

1 year ago - GlobeNewsWire

InnovAge Diversifies Board of Directors with New Independent Director

DENVER, March 30, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors through ...

1 year ago - GlobeNewsWire

InnovAge Names Christine Bent as Chief Operations Officer

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

1 year ago - GlobeNewsWire

InnovAge Announces Financial Results for the Fiscal Second Quarter Ended December 31, 2022

DENVER, Feb. 07, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

1 year ago - GlobeNewsWire

InnovAge to Announce Fiscal Second Quarter 2023 Financial Results and Host Conference Call Tuesday, February 7, 2023

DENVER, Jan. 24, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV) will release its 2023 fiscal second quarter financial results on Tuesday, February 7, 2023, after market cl...

1 year ago - GlobeNewsWire

State and Federal Regulators Lift Sanctions at InnovAge's Colorado PACE Centers

DENVER, Jan. 23, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare provider and payer for high-cost, dual-eligible seniors, anno...

1 year ago - GlobeNewsWire

InnovAge Announces Participation at the 41st Annual J.P. Morgan Healthcare Conference

DENVER, Jan. 05, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

1 year ago - GlobeNewsWire

InnovAge Announces Release of CMS Sanction in Sacramento Center

DENVER, Nov. 22, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

1 year ago - GlobeNewsWire

InnovAge Announces Financial Results for the Fiscal First Quarter Ended September 30, 2022

DENVER, Nov. 08, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), a market leading healthcare delivery platform for high-cost, dual-eligible seniors, annou...

1 year ago - GlobeNewsWire

InnovAge to Announce Fiscal First Quarter 2023 Financial Results and Host Conference Call Tuesday, November 8, 2022

DENVER, Oct. 25, 2022 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV) will release its 2023 fiscal first quarter financial results on Tuesday, November 8, 2022, after market clo...

1 year ago - GlobeNewsWire