S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain

Elevance Health (ELV) Stock Forecast, Price & News

$457.83
+2.82 (+0.62%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$454.35
$461.78
50-Day Range
$445.88
$496.20
52-Week Range
$440.02
$549.52
Volume
890,900 shs
Average Volume
1.12 million shs
Market Capitalization
$108.53 billion
P/E Ratio
17.81
Dividend Yield
1.29%
Price Target
$572.19

Elevance Health MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
25.0% Upside
$572.19 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Elevance Health in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$6.71 M Sold Last Quarter
Proj. Earnings Growth
12.72%
From $32.78 to $36.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.00 out of 5 stars

Medical Sector

26th out of 971 stocks

Hospital & Medical Service Plans Industry

4th out of 11 stocks


ELV stock logo

About Elevance Health (NYSE:ELV) Stock

Elevance Health, Inc. operates as a health company, which engages in improving lives and communities, and making healthcare simpler. It operates through the following segments: Commercial and Specialty Business, Government Business, CarelonRx, and Other. The Commercial and Specialty Business segment provides insurance products and services such as stop loss, dental, vision, life, disability and supplemental health insurance. The Government Business segment includes medicare and medicaid businesses, national government services, and services provided to the federal government. The CerelonRx segment offers formulary management, pharmacy networks, prescription drug database, member services, and mail order capabilities. The Other segment is involved in health services business focused on quality of healthcare by enabling and creating new care delivery and payment models. The company was founded in 1944 and is headquartered in Indianapolis, IN.

Receive ELV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Elevance Health and its competitors with MarketBeat's FREE daily newsletter.

ELV Stock News Headlines

Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast
He predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January… And now, he’s issuing a brand-new warning – along with a unique solution.
Elevance Health, Inc.: Raising EPS estimates
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks
But the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.
Elevance Health, Inc. (ELV)
Elevance Health (ELV) Receives a Buy from Wells Fargo
We're Trimming One Holding, While Adding to Another
See More Headlines
Receive ELV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Elevance Health and its competitors with MarketBeat's FREE daily newsletter.

ELV Company Calendar

Ex-Dividend for 3/24 Dividend
3/09/2023
Dividend Payable
3/24/2023
Last Earnings
4/19/2023
Today
5/21/2023
Ex-Dividend for 6/23 Dividend
6/08/2023
Dividend Payable
6/23/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hospital & medical service plans
Sub-Industry
Managed Health Care
Sector
Medical
CUSIP
94973V10
Employees
102,300
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$572.19
High Stock Price Forecast
$610.00
Low Stock Price Forecast
$547.00
Forecasted Upside/Downside
+25.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Net Income
$6.03 billion
Pretax Margin
5.03%

Debt

Sales & Book Value

Annual Sales
$156.60 billion
Cash Flow
$36.60 per share
Book Value
$158.02 per share

Miscellaneous

Free Float
236,226,000
Market Cap
$108.53 billion
Optionable
Optionable
Beta
0.84

Social Links


Key Executives

  • Gail Koziara Boudreaux
    President, Chief Executive Officer & Director
  • John Edward Gallina
    Chief Financial Officer & Executive Vice President
  • Dustin Wilcox
    VP & Chief Information Security Officer
  • Peter David HaytaianPeter David Haytaian
    Executive VP, President-Carelon & CarelonRX
  • Morgan Kendrick
    EVP & President-Commercial & Specialty Business













ELV Stock - Frequently Asked Questions

Should I buy or sell Elevance Health stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevance Health in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELV shares.
View ELV analyst ratings
or view top-rated stocks.

What is Elevance Health's stock price forecast for 2023?

13 Wall Street analysts have issued 12 month target prices for Elevance Health's stock. Their ELV share price forecasts range from $547.00 to $610.00. On average, they predict the company's stock price to reach $572.19 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for ELV
or view top-rated stocks among Wall Street analysts.

How have ELV shares performed in 2023?

Elevance Health's stock was trading at $512.97 at the start of the year. Since then, ELV shares have decreased by 10.7% and is now trading at $457.83.
View the best growth stocks for 2023 here
.

Are investors shorting Elevance Health?

Elevance Health saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,980,000 shares, an increase of 20.7% from the April 15th total of 1,640,000 shares. Based on an average trading volume of 1,090,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.8% of the company's shares are sold short.
View Elevance Health's Short Interest
.

When is Elevance Health's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our ELV earnings forecast
.

How were Elevance Health's earnings last quarter?

Elevance Health, Inc. (NYSE:ELV) released its quarterly earnings data on Wednesday, April, 19th. The company reported $9.46 earnings per share for the quarter, beating analysts' consensus estimates of $9.26 by $0.20. The company had revenue of $41.90 billion for the quarter, compared to analysts' expectations of $40.93 billion. Elevance Health had a trailing twelve-month return on equity of 20.05% and a net margin of 3.86%. The company's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $8.25 EPS.

How often does Elevance Health pay dividends? What is the dividend yield for Elevance Health?

Elevance Health announced a quarterly dividend on Thursday, April 20th. Investors of record on Friday, June 9th will be paid a dividend of $1.48 per share on Friday, June 23rd. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, June 8th.
Read our dividend analysis for ELV
.

Is Elevance Health a good dividend stock?

Elevance Health (NYSE:ELV) pays an annual dividend of $5.92 per share and currently has a dividend yield of 1.30%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELV will have a dividend payout ratio of 16.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ELV.

What guidance has Elevance Health issued on next quarter's earnings?

Elevance Health issued an update on its FY 2023 earnings guidance on Wednesday, April, 19th. The company provided EPS guidance of $32.70- for the period, compared to the consensus earnings per share estimate of $37.00. The company issued revenue guidance of -.

What is Elevance Health's stock symbol?

Elevance Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELV."

Who are Elevance Health's major shareholders?

Elevance Health's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.79%), Price T Rowe Associates Inc. MD (5.60%), State Street Corp (4.62%), Wellington Management Group LLP (3.57%), FMR LLC (2.03%) and Geode Capital Management LLC (1.80%). Insiders that own company stock include Charles Morgan Kendrick Jr, Gloria M Mccarthy, John E Gallina, Julie A Hill, Peter D Haytaian, Ramiro G Peru, Robert L Dixon Jr, Ronald W Penczek and Ryan M Schneider.
View institutional ownership trends
.

How do I buy shares of Elevance Health?

Shares of ELV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Elevance Health's stock price today?

One share of ELV stock can currently be purchased for approximately $457.83.

How much money does Elevance Health make?

Elevance Health (NYSE:ELV) has a market capitalization of $108.53 billion and generates $156.60 billion in revenue each year. The company earns $6.03 billion in net income (profit) each year or $25.70 on an earnings per share basis.

How many employees does Elevance Health have?

The company employs 102,300 workers across the globe.

Does Elevance Health have any subsidiaries?
The following companies are subsidiares of Elevance Health: 1-800 Contacts, AIM Specialty Health, AMERIGROUP Community Care of New Mexico Inc., AMERIGROUP Corporation, AMERIGROUP Maryland Inc., AMERIGROUP New Jersey Inc., AMERIGROUP Ohio Inc., AMERIGROUP Tennessee Inc., AMERIGROUP Texas Inc., AMERIGROUP Washington Inc., AMGP Georgia Managed Care Company Inc., ATH Holding Company LLC, America's 1st Choice of South Carolina Inc., America's Health Management Services Inc., American Imaging Management Inc., America’s 1st Choice, Amerigroup, Amerigroup Delaware Inc., Amerigroup District of Columbia Inc., Amerigroup Health Plan of Louisiana Inc., Amerigroup IPA of New York LLC, Amerigroup Insurance Company, Amerigroup Iowa Inc., Amerigroup Kansas Inc., Amerigroup Mississippi Inc., Amerigroup Oklahoma Inc., Amerigroup Partnership Plan LLC, Amerigroup Pennsylvania Inc., Anthem Blue Cross Life and Health Insurance Company, Anthem Financial Inc., Anthem Health Plans Inc., Anthem Health Plans of Kentucky Inc., Anthem Health Plans of Maine Inc., Anthem Health Plans of New Hampshire Inc., Anthem Health Plans of Virginia Inc., Anthem Holding Corp., Anthem Innovation Israel Ltd., Anthem Insurance Companies Inc., Anthem Kentucky Managed Care Plan Inc., Anthem Life & Disability Insurance Company, Anthem Life Insurance Company, Anthem Partnership Holding Company LLC, Anthem Services Company LLC, Anthem Southeast Inc., Anthem UM Services Inc., Anthem Workers' Compensation LLC, Applied Pathways LLC, Arcus Enterprises Inc., Aspire Health Inc., Aspire Healthcare Corp, Associated Group Inc., Beacon Health Options, Blue Cross Blue Shield Healthcare Plan of Georgia Inc., Blue Cross Blue Shield of Wisconsin, Blue Cross of California, Blue Cross of California Partnership Plan Inc., CareMarket Inc., CareMore Health Plan, CareMore Health Plan of Arizona Inc., CareMore Health Plan of Nevada, CareMore Health Plan of Texas Inc., CareMore Health System, CareMore LLC, Cerulean Companies Inc., Claim Management Services Inc., Community Care Health Plan of Louisiana Inc., Community Care Health Plan of Nevada Inc., Community Insurance Company, Compcare Health Services Insurance Corporation, Crossroads Acquisition Corp., DBG Holdings Inc., DeCare Analytics LLC, DeCare Dental Health International LLC, DeCare Dental Insurance Ireland Ltd., DeCare Dental LLC, DeCare Dental Networks LLC, DeCare Operations Ireland Limited, Delivery Network LLC, Designated Agent Company Inc., EHC Benefits Agency Inc., EasyScripts Cutler Bay LLC, EasyScripts Hialeah LLC, EasyScripts LLC, EasyScripts Westchester LLC, Empire HealthChoice Assurance Inc., Empire HealthChoice HMO Inc., Federal Government Solutions LLC, Freedom Health Inc., Global TPA LLC, Golden West Health Plan Inc., Greater Georgia Life Insurance Company, HEP AP Holdings Inc., HMO Colorado Inc., HMO Missouri Inc., Health Core Inc., Health Management Corporation, Health Ventures Partner L.L.C., HealthKeepers Inc., HealthLink HMO Inc., HealthLink Inc., HealthLink Insurance Company, HealthPlus HP LLC, HealthSun Health Plans, HealthSun Health Plans Inc., HealthSun Holdings LLC, HealthSun Management LLC, HealthSun Physicians Network I LLC, HealthSun Physicians Network LLC, Healthy Alliance Life Insurance Company, Highland Acquisition Holdings LLC, Highland Holdco Inc., Highland Intermediate Holdings LLC, Highland Investor Holdings LLC, Imaging Management Holdings LLC, IngenioRx Inc., Legato Health Technologies LLP, Legato Health Technologies Philippines Inc., Legato Holdings I Inc., Legato Holdings II LLC, Living Complete Technologies Inc., Matthew Thornton Health Plan Inc., Memphis Supportive Care Partnership LLC, Meridian Resource Company LLC, Missouri Care Incorporated, NGS Federal LLC, Nash Holding Company LLC, National Government Services Inc., New England Research Institutes Inc., Optimum Healthcare Inc., Park Square Holdings Inc., Park Square I Inc., Park Square II Inc., Pasteur Medical Bird Road LLC, Pasteur Medical Center LLC, Pasteur Medical Cutler Bay LLC, Pasteur Medical Group LLC, Pasteur Medical Hialeah Gardens LLC, Pasteur Medical Holdings LLC, Pasteur Medical Kendall LLC, Pasteur Medical Management LLC, Pasteur Medical Miami Gardens LLC, Pasteur Medical North Miami Beach LLC, Pasteur Medical Partners LLC, Resolution Health Inc, Resolution Health Inc., RightCHOICE Managed Care Inc., Rocky Mountain Hospital and Medical Service Inc., SellCore Inc., Simply Healthcare Holdings, Simply Healthcare Plans Inc., Southeast Services Inc., State Sponsored DM Services Inc., The Anthem Companies Inc., The Anthem Companies of California Inc., TrustSolutions LLC, UNICARE Health Plan of West Virginia Inc., UNICARE Illinois Services Inc., UNICARE National Services Inc., UniCare Life & Health Insurance Company, UniCare Specialty Services Inc., Valus Inc., WPMI LLC, WellCare of Nebraska Inc., WellPoint Acquisition LLC, WellPoint California Services Inc., WellPoint Dental Services Inc., WellPoint Health Solutions Inc., WellPoint Holding Corp., WellPoint Information Technology Services Inc., WellPoint Insurance Services Inc., WellPoint Military Care Corporation, Wellmax Health Medical Centers LLC, Wellmax Health Physicians Network LLC, and Wisconsin Collaborative Insurance Company.
Read More
How can I contact Elevance Health?

Elevance Health's mailing address is 220 VIRGINIA AVENUE, INDIANAPOLIS IN, 46204. The official website for the company is www.antheminc.com. The company can be reached via phone at (800) 331-1476, via email at chris.rigg@anthem.com, or via fax at 317-488-6275.

This page (NYSE:ELV) was last updated on 5/22/2023 by MarketBeat.com Staff

My Account -