Elevance Health (ELV) Stock Price, News & Analysis

Company Overview

Elevance Health, Inc. (NYSE: ELV) is a large U.S.-based health benefits company that provides a broad range of health insurance products and related services. Headquartered in Indianapolis, the company rebranded from Anthem, Inc. to Elevance Health in 2022 while continuing to operate consumer-facing health plans under established state and national brands. Gail Boudreaux serves as chief executive officer and president, leading the company’s strategic focus on integrated health care and benefit delivery.

Elevance’s core activities include offering medical and specialty health plans for individuals, employers and government programs, including Medicare and Medicaid managed-care products. The company also delivers administrative services and clinical care-management solutions, operates pharmacy benefit services, and provides digital tools meant to support care coordination, population health management and member engagement. Through its operating units, Elevance contracts with provider networks and develops programs aimed at improving quality of care and managing costs.

Elevance primarily serves customers across the United States, working with employers, state and federal health programs, providers and other stakeholders in the U.S. health-care system. In addition to its insurance businesses, the company has built out a suite of health services and care-delivery capabilities intended to support value-based care initiatives and expand non-insurance offerings. Its scale and national footprint position Elevance to participate in a variety of care models and payment arrangements as the U.S. health-care landscape evolves.

Key Stats

• Today's Range: $388.16 to $403.33
• 50-Day Range: $372.20 to $430.21
• 52-Week Range: $274.84 to $436.24
• Volume: 907,263 shs
• Average Volume: 1.48 million shs
• Market Capitalization: $84.45 billion
• P/E Ratio: 17.31
• Dividend Yield: 1.77%
• Price Target: $440.90
• Consensus Rating: Moderate Buy

Elevance Health Stock Analysis - MarketRank™

Elevance Health scored higher than 98% of companies evaluated by MarketBeat, and ranked 16th out of 902 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Elevance Health has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on no strong buy ratings, 15 buy ratings, 8 hold ratings, and no sell ratings.

Upside Potential

Elevance Health has a consensus price target of $440.90, representing about 13.2% upside from its current price of $389.39.

Amount of Analyst Coverage

Elevance Health has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.53%

Earnings Growth

Earnings for Elevance Health are expected to grow by 8.53% in the coming year, from $27.07 to $29.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Elevance Health is 17.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elevance Health is 17.31, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 268.42.

Price to Earnings Growth Ratio

Elevance Health has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Elevance Health has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.58% of the float of Elevance Health has been sold short.

Short Interest Ratio / Days to Cover

Elevance Health has a short interest ratio ("days to cover") of 3.93, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Elevance Health has recently decreased by 7.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Elevance Health pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Elevance Health has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Elevance Health is 30.58%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Elevance Health will have a dividend payout ratio of 23.42% next year. This indicates that Elevance Health will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.11

News Sentiment

Elevance Health has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Healthcare companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Elevance Health this week, compared to 8 articles on an average week.

Search Interest

16 people have searched for ELV on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.

MarketBeat Follows

19 people have added Elevance Health to their MarketBeat watchlist in the last 30 days. This is an increase of 280% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Elevance Health insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,667.00 in company stock.

Percentage Held by Insiders

0.34% of the stock of Elevance Health is held by insiders.

Percentage Held by Institutions

89.24% of the stock of Elevance Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/25 Dividend: 6/10/2026
• Ex-Dividend for 6/25 Dividend: 6/10/2026
• Dividend Payable: 6/25/2026
• Last Earnings: 7/15/2026
• Today: 8/11/2026
• Record date for 9/25 Dividend: 9/10/2026
• Ex-Dividend for 9/25 Dividend: 9/10/2026
• Dividend Payable: 9/25/2026
• Next Earnings (Estimated): 10/21/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Healthcare
• Industry: Healthcare Providers & Services
• Sub-Industry: Managed Healthcare
• Current Symbol: NYSE:ELV
• CIK: 1156039
• Web: www.antheminc.com
• Phone: (800) 331-1476
• Fax: 317-488-6275
• Employees: 97,100
• Year Founded: 1944

Price Target and Rating

• Average Price Target for Elevance Health: $440.90
• High Price Target: $498.00
• Low Price Target: $360.00
• Potential Upside/Downside: +13.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.65
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $22.50
• Trailing P/E Ratio: 17.31
• Forward P/E Ratio: 14.38
• P/E Growth: 2.29
• Net Income: $5.66 billion
• Net Margins: 2.47%
• Pretax Margin: 2.91%
• Return on Equity: 14.64%
• Return on Assets: 5.22%

Debt

• Debt-to-Equity Ratio: 0.68
• Current Ratio: 1.52
• Quick Ratio: 1.52

Sales & Book Value

• Annual Sales: $199.13 billion
• Price / Sales: 0.42
• Cash Flow: $36.77 per share
• Price / Cash Flow: 10.59
• Book Value: $207.60 per share
• Price / Book: 1.88

Miscellaneous

• Outstanding Shares: 216,870,000
• Free Float: 216,132,000
• Market Cap: $84.45 billion
• Optionable: Optionable
• Beta: 0.68