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.
Industry, Sector and Symbol
Industry Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorMedical
SymbolNYSE:AET
CUSIP00817Y10
Phone860-273-0123
Debt
Debt-to-Equity Ratio0.47
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio19.26
Forward P/E Ratio17.13
P/E Growth1.6
Sales & Book Value
Annual Sales$60.54 billion
Price / Sales1.02
Cash Flow$12.4550 per share
Price / Cash15.21
Book Value$48.46 per share
Price / Book3.91
Profitability
EPS (Most Recent Fiscal Year)$9.86
Net Income$1.90 billion
Net Margins5.76%
Return on Equity21.42%
Return on Assets5.99%
Miscellaneous
Employees47,950
Outstanding Shares327,100,000
Aetna (NYSE:AET) Frequently Asked Questions
What is Aetna's stock symbol?
Aetna trades on the New York Stock Exchange (NYSE) under the ticker symbol "AET."
How often does Aetna pay dividends? What is the dividend yield for Aetna?
Aetna announced a quarterly dividend on Friday, May 18th. Shareholders of record on Wednesday, July 25th will be given a dividend of $0.50 per share on Wednesday, August 1st. This represents a $2.00 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Tuesday, July 24th. View Aetna's Dividend History.
How will Aetna's stock buyback program work?
Aetna declared that its board has approved a share buyback program on Friday, April 7th 2017, which authorizes the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 98% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Aetna's earnings last quarter?
Aetna (NYSE:AET) released its quarterly earnings data on Tuesday, May, 1st. The company reported $3.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.97 by $0.22. The firm earned $15.34 billion during the quarter, compared to the consensus estimate of $15.32 billion. Aetna had a net margin of 5.76% and a return on equity of 21.42%. The company's revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.71 EPS. View Aetna's Earnings History.
When is Aetna's next earnings date?
What price target have analysts set for AET?
13 analysts have issued 12 month target prices for Aetna's shares. Their forecasts range from $171.00 to $212.00. On average, they anticipate Aetna's stock price to reach $197.3077 in the next year. View Analyst Ratings for Aetna.
Who are some of Aetna's key competitors?
Who are Aetna's key executives?
Aetna's management team includes the folowing people:
- Mr. Mark Thomas Bertolini, Chairman & CEO (Age 61)
- Ms. Karen Sue Lynch, Pres (Age 55)
- Mr. Shawn Michael Guertin, Exec. VP, CFO & Chief Enterprise Risk Officer (Age 54)
- Mr. Thomas J. Sabatino Jr., Exec. VP & Gen. Counsel (Age 59)
- Ms. Margaret M. McCarthy, Exec. VP of Operations & Technology (Age 64)
Has Aetna been receiving favorable news coverage?
News coverage about AET stock has been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aetna earned a daily sentiment score of 0.10 on Accern's scale. They also gave news coverage about the company an impact score of 47.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Aetna's major shareholders?
Aetna's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.17%), Farallon Capital Management LLC (1.74%), Northern Trust Corp (1.15%), OZ Management LP (1.07%), OppenheimerFunds Inc. (0.96%) and Wells Fargo & Company MN (0.86%). Company insiders that own Aetna stock include Francis S Soistman Jr, Jeffrey E Garten, Karen S Lynch, Margaret M Mccarthy, Mark T Bertolini and Shawn M Guertin. View Institutional Ownership Trends for Aetna.
Which institutional investors are selling Aetna stock?
AET stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., BlackRock Inc., Westwood Holdings Group Inc., State of Tennessee Treasury Department, Swiss National Bank, Victory Capital Management Inc., Eaton Vance Management and Legal & General Group Plc. Company insiders that have sold Aetna company stock in the last year include Karen S Lynch and Margaret M Mccarthy. View Insider Buying and Selling for Aetna.
Which institutional investors are buying Aetna stock?
AET stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Wells Fargo & Company MN, Abrams Capital Management L.P., Alpine Associates Management Inc., Canyon Capital Advisors LLC, PointState Capital LP, Omni Partners LLP and Farallon Capital Management LLC. View Insider Buying and Selling for Aetna.
How do I buy shares of Aetna?
Shares of AET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Aetna's stock price today?
One share of AET stock can currently be purchased for approximately $189.77.
How big of a company is Aetna?
Aetna has a market capitalization of $61.91 billion and generates $60.54 billion in revenue each year. The company earns $1.90 billion in net income (profit) each year or $9.86 on an earnings per share basis. Aetna employs 47,950 workers across the globe.
How can I contact Aetna?
Aetna's mailing address is 151 FARMINGTON AVENUE, HARTFORD CT, 06156. The company can be reached via phone at 860-273-0123 or via email at [email protected]
MarketBeat Community Rating for Aetna (AET)
MarketBeat's community ratings are surveys of what our community members think about Aetna and other stocks. Vote "Outperform" if you believe AET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AET will underperform the S&P 500 over the long term. You may vote once every thirty days.
