Aetna Company Profile (NYSE:AET)

Aetna trades on the New York Stock Exchange (NYSE) under the ticker symbol "AET."

Aetna declared a quarterly dividend on Friday, May 19th. Investors of record on Thursday, July 13th will be given a dividend of $0.50 per share on Friday, July 28th. This represents a $2.00 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, July 11th. View Aetna's Dividend History.

Aetna declared that its board has authorized a share repurchase program on Friday, April 7th 2017, which allows the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 98% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Aetna Inc. (NYSE:AET) released its quarterly earnings data on Tuesday, May, 2nd. The company reported $2.71 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.36 by $0.35. The company earned $15.17 billion during the quarter, compared to analysts' expectations of $15.39 billion. Aetna had a return on equity of 17.75% and a net margin of 1.84%. Aetna's revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.30 earnings per share. View Aetna's Earnings History.

Aetna is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Aetna.

Aetna issued an update on its FY17 earnings guidance on Friday, May, 19th. The company provided EPS guidance of $8.80 to $9.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.97.

20 equities research analysts have issued 1-year price targets for Aetna's stock. Their predictions range from $128.00 to $180.00. On average, they anticipate Aetna's share price to reach $153.24 in the next year. View Analyst Ratings for Aetna.

Here are some recent quotes from research analysts about Aetna stock:

• 1. According to Zacks Investment Research, "Aetna expects long-term growth from its Government business. Cost-reduction initiatives, growing ACO collaborations pave the way for long-term growth. A strong balance sheet is another positive. Following a strong first quarter results, Aetna increased its earnings guidance. Year to date, the stock of Aetna has outperformed the Zacks categorized Medical Health Maintenance Organization industry. The stock has also witnessed an upward revision in earning estimates over the past 60 days. However, Aetna’s merger with Humana, which would have raised its rank in the industry, has been called off. Aetna has also been incurring losses in its public exchange business and has been exiting exchanges to avoid losses from this business. Furthermore, its membership growth remains under pressure. Increasing medical benefit ratios are also likely to hurt margins." (7/4/2017)
• 2. Cantor Fitzgerald analysts commented, "There is life after Humana. CEO Mark Bertolini opened the meeting discussing life after Humana. With a continued focus to grow its government business, Mr. Bertolini indicated that Humana represented a means to an end." Instead, AET will now chose to build its government business organically. We believe the company will also pursue acquisitions to build out its capabilities in specific geographies. CFO Shawn Guertin identified Medicare as a great growth opportunity, but characterized Medicaid as a good opportunity. Growth in Medicaid slowed recently due to two contract losses and potential for structural changes to Medicaid exist." (5/12/2017)
• 3. Royal Bank Of Canada analysts commented, "After the close on Monday, April 24, Humana pre-released 1Q17 EPS ahead of its investor meeting, which will be held on Tuesday, April 25. 1Q17 Adjusted EPS for the quarter was $2.75 vs. our estimate of $2.50 and FactSet consensus of $2.49." (4/24/2017)
• 4. Oppenheimer Holdings, Inc. analysts commented, "Overall, we believe Humana is well positioned for growth, given the political support in Washington, ample strategic capital to deploy and the potential for upside to its current earnings base."Ultimately, this will also remain a desirable asset that could be acquired by another insurer." (3/31/2017)
• 5. Jefferies Group LLC analysts commented, "AET's 4Q EPS was strong (beat by 13%), while initial 2017 guidance was below consensus on both the top and bottom line. As always, favorable prior period development (PPD) is excluded from the outlook and could generate upside. Looking to 2018, earnings growth should accelerate from buyback tailwinds and exiting HIX. We bump up our EPS projections for capital deployment, but remain Hold as the stock seems fairly valued." (2/1/2017)

Some companies that are related to Aetna include Anthem (ANTM), Cigna Corporation (CI), Humana (HUM), Centene Corporation (CNC), WellCare Health Plans (WCG), Magellan Health (MGLN), Triple-S Management Corporation (GTS), Catamaran Corp (CTRX), Catamaran Corp (SXCI) and Universal American (UAM).

Aetna's management team includes the folowing people:

• Mark T. Bertolini, Chairman of the Board, Chief Executive Officer
• Karen S. Lynch, President
• Shawn M. Guertin, Chief Financial Officer, Executive Vice President, Chief Enterprise Risk Officer
• Thomas J. Sabatino Jr., Executive Vice President, General Counsel
• Gary W. Loveman Ph.D., Executive Vice President - Consumer and Health Services
• Margaret M. McCarthy, Executive Vice President - Operations and Technology
• Harold L. Paz M.D., Executive Vice President, Chief Medical Officer
• Francis S. Soistman Jr., Executive Vice President - Government Services
• Edward J. Ludwig, Lead Independent Director
• Fernando G. Aguirre, Independent Director

Aetna's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.32%), NN Investment Partners Holdings N.V. (0.23%), PGGM Investments (0.21%), Focused Investors LLC (0.21%), Bank of Montreal Can (0.13%) and Atalanta Sosnoff Capital LLC (0.09%). Company insiders that own Aetna stock include Francis S Soistman Jr, Franklin Barbara Hackman, Gary W Loveman, Jeffrey E Garten, Joseph M Zubretsky, Margaret M Mccarthy, Mark T Bertolini, Molly Joel Coye and Shawn M Guertin. View Institutional Ownership Trends for Aetna.

Aetna's stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Handelsbanken Fonder AB, Focused Investors LLC, APG Asset Management N.V., James Investment Research Inc., PGGM Investments, Sit Investment Associates Inc. and Russell Investments Group Ltd.. Company insiders that have sold Aetna stock in the last year include Francis S Soistman Jr, Jeffrey E Garten, Margaret M Mccarthy, Mark T Bertolini and Shawn M Guertin. View Insider Buying and Selling for Aetna.

Aetna's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Atalanta Sosnoff Capital LLC, NN Investment Partners Holdings N.V., Mn Services Vermogensbeheer B.V., ING Groep NV, DnB Asset Management AS, National Pension Service and Aperio Group LLC. View Insider Buying and Selling for Aetna.

Shares of Aetna can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Aetna stock can currently be purchased for approximately $156.25.