NYSE:BHG Bright Health Group (BHG) Stock Forecast, Price & News $11.77 +3.70 (+45.85%) (As of 05/26/2023 08:46 PM ET) Add Compare Share Share Today's Range$7.57▼$15.8050-Day Range$0.21▼$21.6052-Week Range$7.57▼$171.60Volume5.77 million shsAverage Volume123,882 shsMarket Capitalization$93.57 millionP/E RatioN/ADividend YieldN/APrice Target$138.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Bright Health Group MarketRank™ ForecastAnalyst RatingHold1.75 Rating ScoreUpside/Downside1,078.1% Upside$138.67 Price TargetShort InterestHealthy6.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$231,699 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($32.56) to ($27.18) 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.2.19 out of 5 starsMedical Sector429th out of 1,012 stocksHospital & Medical Service Plans Industry7th 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 1 buy rating, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $138.67, Bright Health Group has a forecasted upside of 1,078.1% from its current price of $11.77.Amount of Analyst CoverageBright Health Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted6.00% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bright Health Group has recently decreased by 99.01%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentBright Health Group has a news sentiment score of 1.00. 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 0.75 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Bright Health Group this week, compared to 1 article on an average week.Search Interest19 people have searched for BHG on MarketBeat in the last 30 days. This is an increase of 138% compared to the previous 30 days.MarketBeat Follows9 people have added Bright Health Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bright Health Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $231,699.00 in company stock.Percentage Held by Insiders58.40% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Bright Health Group are expected to grow in the coming year, from ($32.56) to ($27.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bright Health Group is -0.06, 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 -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 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 HeadlinesMay 20, 2023 | msn.comMorgan Stanley Maintains Bright Health Group (BHG) Underweight RecommendationMay 19, 2023 | msn.com(BHG) - Analyzing Bright Health Gr's Short InterestMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 15, 2023 | americanbankingnews.comBright Health Group Shares Scheduled to Reverse Split on Friday, May 19th (NYSE:BHG)May 14, 2023 | seekingalpha.comBright Health Group, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 11, 2023 | businesswire.com(52,399May 9, 2023 | finance.yahoo.comBright Health Group (BHG) Reports Q1 Loss, Lags Revenue EstimatesMay 9, 2023 | finance.yahoo.comBright Health Group Reports First Quarter 2023 ResultsMay 29, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 4, 2023 | bizjournals.comBright Health CFO Cathy Smith leaving companyApril 28, 2023 | bizjournals.comBright Health may sell California Medicare Advantage business, completing insurance exitApril 28, 2023 | finance.yahoo.comBright Health Group to Explore Strategic Alternatives for Medicare Advantage Business as it Focuses on Driving Performance through its Consumer Care Delivery BusinessApril 25, 2023 | finance.yahoo.comBright Health Group to Host First Quarter 2023 Earnings Conference Call on May 9, 2023April 20, 2023 | benzinga.comBright Health Gr Stock (NYSE:BHG), Guidance and ForecastApril 18, 2023 | americanbankingnews.comShort Interest in Bright Health Group, Inc. (NYSE:BHG) Grows By 25.1%April 7, 2023 | seekingalpha.comBright Health Group: Going Concern Risk (Rating Downgrade)March 29, 2023 | bizjournals.comBright Health CEO pay drops by 94% to $10 million in 2022March 29, 2023 | finance.yahoo.comBright Health Group, Inc.'s (NYSE:BHG) market cap dropped US$31m last week; Private equity firms bore the bruntMarch 9, 2023 | markets.businessinsider.comAnalysts Conflicted on These Healthcare Names: Seagen (SGEN) and Bright Health Group (BHG)March 2, 2023 | finance.yahoo.comBright Health Group Full Year 2022 Earnings: US$1.23 loss per share (vs US$3.02 loss in FY 2021)March 2, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Jazz Pharmaceuticals (JAZZ), Immunocore Holdings (IMCR) and Bright Health Group (BHG)March 1, 2023 | benzinga.comBright Health Group shares are trading lower after the company reported Q4 financial results.March 1, 2023 | marketwatch.comBright Health Shares Slide After Loss, Going-Concern Warning >BHGMarch 1, 2023 | finance.yahoo.comBright Health Group Reports Fourth Quarter and Full Year 2022 ResultsMarch 1, 2023 | finance.yahoo.comBright Health Group (BHG) Reports Q4 Loss, Lags Revenue EstimatesFebruary 22, 2023 | finance.yahoo.comIcon PLC (ICLR) Surpasses Q4 Earnings and Revenue EstimatesFebruary 14, 2023 | finance.yahoo.comBullish Bright Health Group, Inc. (NYSE:BHG) insiders filled their treasuries with US$1.4m worth of stock over last yearSee 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 Earnings5/09/2023Today5/29/2023Next Earnings (Estimated)8/09/2023Fiscal 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$138.67 High Stock Price Forecast$240.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside+1,078.1%Consensus RatingHold Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($188.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,455,540,000.00 Net Margins-31.78% Pretax Margin-12.57% Return on Equity-617.31% Return on Assets-16.26% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.04 Cash FlowN/A Price / Cash FlowN/A Book Value($42.76) per share Price / Book-0.28Miscellaneous Outstanding Shares7,950,000Free Float3,308,000Market Cap$93.57 million OptionableNot Optionable Beta0.42 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 CompetitorsMolina HealthcareNYSE:MOHCenteneNYSE:CNCNeurocrine BiosciencesNASDAQ:NBIXDr. Reddy's LaboratoriesNYSE:RDYUniversal Health ServicesNYSE:UHSView All CompetitorsInsiders & InstitutionsState Street CorpBought 402,477 shares on 5/16/2023Ownership: 0.917%Geode Capital Management LLCBought 112,933 shares on 5/16/2023Ownership: 0.639%Mercer Global Advisors Inc. ADVBought 180,551 shares on 5/16/2023Ownership: 0.033%Two Sigma Advisers LPBought 85,600 shares on 5/15/2023Ownership: 0.027%Belvedere Trading LLCSold 10,200 shares on 5/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions BHG Stock - Frequently Asked Questions Should I buy or sell Bright Health Group stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bright Health Group in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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? 4 Wall Street research analysts have issued twelve-month price objectives for Bright Health Group's shares. Their BHG share price forecasts range from $80.00 to $240.00. On average, they predict the company's share price to reach $138.67 in the next year. This suggests a possible upside of 1,078.1% 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 $51.9920 at the start of the year. Since then, BHG shares have decreased by 77.4% and is now trading at $11.77. View the best growth stocks for 2023 here. Are investors shorting Bright Health Group? Bright Health Group saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 156,500 shares, a decrease of 99.0% from the April 30th total of 15,800,000 shares. Based on an average trading volume of 80,600 shares, the short-interest ratio is currently 1.9 days. Approximately 6.0% of the shares of the company are sold short. 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, August 9th 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 Tuesday, May, 9th. The company reported ($14.40) earnings per share for the quarter, missing analysts' consensus estimates of ($8.80) by $5.60. The business had revenue of $756.34 million for the quarter, compared to the consensus estimate of $773.19 million. Bright Health Group had a negative net margin of 31.78% and a negative trailing twelve-month return on equity of 617.31%. When did Bright Health Group's stock split? Shares of Bright Health Group reverse split before market open on Friday, May 19th 2023. The 1-80 reverse split was announced on Friday, May 19th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split. 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, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.90 billion-$3.10 billion, compared to the consensus revenue estimate of $3.00 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 acted 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." Who are Bright Health Group's major shareholders? Bright Health Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (2.33%), State Street Corp (0.92%), Geode Capital Management LLC (0.64%), Renaissance Technologies LLC (0.58%), Legacy Wealth Asset Management LLC (0.38%) and Bank of New York Mellon Corp (0.10%). Insiders that own company stock include Adair Newhall, Cathy R Smith, George Lawrence Mikan III, Jeffery Michael Craig, Jeffrey J Scherman, Jeffrey R Immelt, Manuel Kadre, Peter W Sonsini and Scott D Sandell. View institutional ownership trends. 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 $11.77. How much money does Bright Health Group make? Bright Health Group (NYSE:BHG) has a market capitalization of $93.57 million and generates $2.41 billion in revenue each year. The company earns $-1,455,540,000.00 in net income (profit) each year or ($188.00) 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 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Get short term trading ideas from the MarketBeat Idea Engine. 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