NYSE:BHG Bright Health Group - BHG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bright Health Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.99 +0.12 (+13.82%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$0.82▼$1.0350-Day Range$0.52▼$1.0452-Week Range$0.49▼$4.06Volume1.38 million shsAverage Volume1.49 million shsMarket Capitalization$622.33 millionP/E RatioN/ADividend YieldN/APrice Target$2.52 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Bright Health Group MarketRank™ ForecastAnalyst RatingHold1.75 Rating ScoreUpside/Downside155.2% Upside$2.52 Price TargetShort InterestBearish15.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$605,596 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.64) to ($0.35) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsMedical Sector830th out of 1,055 stocksHospital & Medical Service Plans Industry10th out of 11 stocks 2.9 Analyst's Opinion Consensus RatingBright Health Group has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 2 buy ratings, 2 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.52, Bright Health Group has a forecasted upside of 155.2% from its current price of $0.99.Amount of Analyst CoverageBright Health Group has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.73% of the float of Bright Health Group has been sold short.Short Interest Ratio / Days to CoverBright Health Group has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Bright Health Group has recently decreased by 0.67%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldBright Health Group does not currently pay a dividend.Dividend GrowthBright Health Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BHG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 6 people have searched for BHG on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Bright Health Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -73% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bright Health Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $605,596.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders49.80% of the stock of Bright Health Group is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bright Health Group are expected to grow in the coming year, from ($1.64) to ($0.35) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bright Health Group is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bright Health Group is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBright Health Group has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bright Health Group (NYSE:BHG) StockBright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The NeueHealth segment delivers virtual and in-person clinical care services to patients under contracts through its owned and affiliated primary care clinics. As of December 31, 2021, it worked with approximately 260,000 care provider partners; and operated 180 managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers commercial and medicare health plan products to consumers in 14 states and 99 markets. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.Read More Receive BHG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bright Health Group and its competitors with MarketBeat's FREE daily newsletter. Email Address BHG Stock News HeadlinesJanuary 19, 2023 | seekingalpha.comBright Health Group: Stock Price Has Been Too Heavily Beaten DownJanuary 18, 2023 | finance.yahoo.comBright Health Group (NYSE:BHG) shareholders are up 31% this past week, but still in the red over the last yearJanuary 28, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 10, 2023 | benzinga.comWhy Bright Health Group Shares Are Skyrocketing 25% HigherJanuary 10, 2023 | finance.yahoo.comBright Health Group Announces Updated 2023 Expectations Ahead of J.P. Morgan Healthcare Conference PresentationJanuary 4, 2023 | finance.yahoo.comBright Health (BHG) Upgraded to Buy: Here's What You Should KnowDecember 21, 2022 | finance.yahoo.comBright Health Group to Present at 41st Annual J.P. Morgan Healthcare ConferenceDecember 13, 2022 | msn.comBright Health downgraded at Goldman Sachs on strategic shiftJanuary 28, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 12, 2022 | finance.yahoo.comBright Health Group Receives Continued Listing Standard Notice from NYSEDecember 5, 2022 | seekingalpha.comBright Health Group: Near-Term Uncertainty Clouds Growth PotentialNovember 17, 2022 | nasdaq.comThursday 11/17 Insider Buying Report: ALIT, BHGNovember 9, 2022 | bizjournals.comBright Health to lay off 99 local employees after individual health insurance exitNovember 9, 2022 | seekingalpha.comBright Health Group, Inc. (BHG) CEO Mike Mikan on Q3 2022 Results - Earnings Call TranscriptNovember 9, 2022 | finance.yahoo.comBright Health Group (BHG) Reports Q3 Loss, Misses Revenue EstimatesNovember 9, 2022 | finance.yahoo.comBright Health Group Reports Third Quarter 2022 ResultsOctober 19, 2022 | finance.yahoo.comBright Health Group to Host Third Quarter 2022 Earnings Conference Call on November 9, 2022October 14, 2022 | seekingalpha.comBHG Bright Health Group, Inc.October 13, 2022 | marketwatch.com8-K: Bright Health Group Inc.October 11, 2022 | finance.yahoo.comBright Health drops individual health insurance business, raises $175MOctober 11, 2022 | finance.yahoo.comBright Health Group to Further Focus on Delivering Affordable Healthcare to Aging and Underserved Populations Through Its Fully Aligned Care Model in Florida, Texas, and CaliforniaSeptember 29, 2022 | bizjournals.comMinneapolis-based Kyros hires first C-Suite exec as it eyes fast growthSeptember 14, 2022 | finance.yahoo.comBright Health Group, Inc. (BHG)August 23, 2022 | nasdaq.comShareholders in Bright Health Group (NYSE:BHG) have lost 84%, as stock drops 15% this past weekAugust 10, 2022 | seekingalpha.comBright Health Group's (BHG) CEO Mike Mikan on Q2 2022 Results - Earnings Call TranscriptAugust 10, 2022 | fool.comBright Health Group, Inc. (BHG) Q2 2022 Earnings Call TranscriptAugust 10, 2022 | finance.yahoo.comBright Health Group Reports Second Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BHG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bright Health Group and its competitors with MarketBeat's FREE daily newsletter. Email Address BHG Company Calendar Last Earnings11/09/2022Today1/28/2023Next Earnings (Estimated)3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hospital & medical service plans Sub-IndustryN/A SectorMedical Current SymbolNYSE:BHG CUSIPN/A CIK1671284 Webwww.brighthealthcare.com Phone612-238-1321FaxN/AEmployees3,203Year FoundedN/APrice Target and Rating Average Stock Price Forecast$2.52 High Stock Price Forecast$4.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+155.2%Consensus RatingHold Rating Score (0-4)1.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($2.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,184,860,000.00 Net Margins-26.48% Pretax Margin-25.06% Return on Equity-190.07% Return on Assets-31.97% Debt Debt-to-Equity RatioN/A Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$4.03 billion Price / Sales0.15 Cash FlowN/A Price / Cash FlowN/A Book Value$1.82 per share Price / Book0.54Miscellaneous Outstanding Shares629,700,000Free Float316,109,000Market Cap$622.33 million OptionableNot Optionable Beta0.39 Key ExecutivesMr. George Lawrence Mikan III (Age 50)Vice Chairman, CEO & Pres Comp: $2.32MMs. Catherine R. Smith (Age 58)Chief Financial & Admin. Officer Comp: $1.08MMr. Simeon Schindelman (Age 59)Chief Exec. Officer of Bright HealthCare Comp: $692.82kMr. Robert John Sheehy (Age 64)Co-Founder & Exec. Chairman Dr. Tomas David Valdivia M.S. (Age 59)Co-Founder and Chief Health & Equity Officer Mr. Jeffrey Scott CookChief Operating OfficerMr. Jeffrey Joseph SchermanChief Accounting OfficerMr. Stephen Rodgers Hagan C.F.A.Director of Investor RelationsMr. Jeff CraigGen. Counsel & Corp. Sec.Mr. Brett ErhardtChief Strategy & Growth OfficerMore ExecutivesKey CompetitorsClover Health InvestmentsNASDAQ:CLOVButterfly NetworkNYSE:BFLYSIGA TechnologiesNASDAQ:SIGABionano GenomicsNASDAQ:BNGOCerusNASDAQ:CERSView All CompetitorsInsiders & InstitutionsJeffrey R ImmeltBought 400,000 shares on 12/14/2022Total: $248,000.00 ($0.62/share)Bank of New York Mellon CorpBought 161,981 shares on 12/8/2022Ownership: 0.108%Jane Street Group LLCBought 404,656 shares on 11/16/2022Ownership: 0.120%BNP Paribas Arbitrage SNCBought 50,715 shares on 11/16/2022Ownership: 0.008%Price T Rowe Associates Inc. MDBought 11,816 shares on 11/15/2022Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions BHG Stock - Frequently Asked Questions Should I buy or sell Bright Health Group stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bright Health Group in the last year. There are currently 4 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BHG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHG, but not buy additional shares or sell existing shares. View BHG analyst ratings or view top-rated stocks. What is Bright Health Group's stock price forecast for 2023? 8 Wall Street research analysts have issued 12-month target prices for Bright Health Group's stock. Their BHG share price forecasts range from $1.00 to $4.00. On average, they expect the company's stock price to reach $2.52 in the next year. This suggests a possible upside of 155.2% from the stock's current price. View analysts price targets for BHG or view top-rated stocks among Wall Street analysts. How have BHG shares performed in 2023? Bright Health Group's stock was trading at $0.6499 on January 1st, 2023. Since then, BHG shares have increased by 52.1% and is now trading at $0.9883. View the best growth stocks for 2023 here. Are investors shorting Bright Health Group? Bright Health Group saw a increase in short interest in December. As of December 30th, there was short interest totaling 10,480,000 shares, an increase of 13.2% from the December 15th total of 9,260,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is currently 5.8 days. Currently, 15.8% of the company's shares are short sold. View Bright Health Group's Short Interest. When is Bright Health Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023. View our BHG earnings forecast. How were Bright Health Group's earnings last quarter? Bright Health Group, Inc. (NYSE:BHG) announced its quarterly earnings results on Wednesday, November, 9th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.40) by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.78 billion. Bright Health Group had a negative trailing twelve-month return on equity of 190.07% and a negative net margin of 26.48%. What guidance has Bright Health Group issued on next quarter's earnings? Bright Health Group issued an update on its FY 2023 earnings guidance on Tuesday, January, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.40 billion-$3.60 billion, compared to the consensus revenue estimate of $3.09 billion. When did Bright Health Group IPO? (BHG) raised $1.3 billion in an IPO on Thursday, June 24th 2021. The company issued 60,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Morgan Stanley and Barclays served as the underwriters for the IPO and BofA Securities, Citigroup, Piper Sandler, Nomura and RBC Capital Markets were co-managers. What is Bright Health Group's stock symbol? Bright Health Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHG." How do I buy shares of Bright Health Group? Shares of BHG 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 Bright Health Group's stock price today? One share of BHG stock can currently be purchased for approximately $0.99. How much money does Bright Health Group make? Bright Health Group (NYSE:BHG) has a market capitalization of $622.33 million and generates $4.03 billion in revenue each year. The company earns $-1,184,860,000.00 in net income (profit) each year or ($2.56) on an earnings per share basis. How many employees does Bright Health Group have? The company employs 3,203 workers across the globe. How can I contact Bright Health Group? The official website for the company is www.brighthealthcare.com. The company can be reached via phone at 612-238-1321 or via email at ir@brighthealthgroup.com. This page (NYSE:BHG) was last updated on 1/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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