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NYSE:AET

Aetna (AET) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$211.79
$213.36
50-Day Range
$212.70
$212.70
52-Week Range
$166.88
$213.36
Volume
11.86 million shs
Average Volume
3.69 million shs
Market Capitalization
$69.64 billion
P/E Ratio
21.57
Dividend Yield
0.94%
Price Target
N/A
AET stock logo

About Aetna Stock (NYSE:AET)

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers' compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages various retirement products comprising pension and annuity products primarily for tax-qualified pension plans. The company provides its products and services to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. was founded in 1853 and is based in Hartford, Connecticut.

AET Stock News Headlines

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J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Timberline Knolls Now in Network with Aetna
See More Headlines
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Company Calendar

Last Earnings
10/30/2018
Today
7/26/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & Medical Service Plans
Sub-Industry
Managed Health Care
CUSIP
00817Y10
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$1.90 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$60.54 billion
Cash Flow
$12.44 per share
Book Value
$56.70 per share

Miscellaneous

Free Float
N/A
Market Cap
$69.64 billion
Optionable
Optionable
Beta
0.71
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Key Executives

Should I Buy Aetna Stock? AET Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Aetna Inc.:

  • Aetna Inc. has shown consistent growth in its Health Care, Group Insurance, and Large Case Pensions segments, indicating a diversified revenue stream.
  • The company offers a wide range of health care products and services, including medical, pharmacy benefit management, dental, and vision plans, catering to various customer needs.
  • Recent data analytics services and medical management offerings have positioned Aetna Inc. to capitalize on the growing trend of data-driven healthcare solutions.
  • Aetna Inc.'s stock price has been steadily increasing over the past year, reflecting positive investor sentiment and potential for capital appreciation.
  • The company's strong presence in the Managed Health Care subindustry provides stability and growth opportunities in the evolving healthcare landscape.

Cons

Investors should be bearish about investing in Aetna Inc. for these reasons:

  • Regulatory changes in the healthcare industry could impact Aetna Inc.'s operations and profitability, leading to uncertainties in future earnings.
  • Competition in the health insurance sector is intense, with other major players constantly innovating and expanding their market share, posing a challenge to Aetna Inc.'s growth prospects.
  • Market volatility and economic downturns can affect the demand for health insurance products, potentially impacting Aetna Inc.'s financial performance.
  • Changes in government policies related to healthcare, such as Medicare and Medicaid, could influence Aetna Inc.'s revenue streams and profitability.
  • Rising healthcare costs and claims could put pressure on Aetna Inc.'s margins and bottom line, affecting its overall financial health.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Aetna pros and cons to contact@marketbeat.com.

AET Stock Analysis - Frequently Asked Questions

How were Aetna's earnings last quarter?

Aetna Inc. (NYSE:AET) released its quarterly earnings results on Tuesday, October, 30th. The company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.13. Aetna's revenue was up 3.3% compared to the same quarter last year.

What other stocks do shareholders of Aetna own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aetna investors own include Gilead Sciences (GILD), Netflix (NFLX), UnitedHealth Group (UNH), Boeing (BA), Walt Disney (DIS), Visa (V) and AbbVie (ABBV).

This page (NYSE:AET) was last updated on 7/27/2024 by MarketBeat.com Staff

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