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Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
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)
Compare
Today's Range
$7.57
$15.80
50-Day Range
$0.21
$21.60
52-Week Range
$7.57
$171.60
Volume
5.77 million shs
Average Volume
123,882 shs
Market Capitalization
$93.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$138.67

Bright Health Group MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
1,078.1% Upside
$138.67 Price Target
Short Interest
Healthy
6.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$231,699 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($32.56) to ($27.18) Per Share

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 stars

Medical Sector

429th out of 1,012 stocks

Hospital & Medical Service Plans Industry

7th out of 11 stocks


BHG stock logo

About Bright Health Group (NYSE:BHG) Stock

Bright 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.

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BHG Stock News Headlines

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.
(52,399
BREAKING: Tiny biotech successfully treats blindness
There'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.
Bright Health CFO Cathy Smith leaving company
See More Headlines
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BHG Company Calendar

Last Earnings
5/09/2023
Today
5/29/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hospital & medical service plans
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
3,203
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$-1,455,540,000.00
Pretax Margin
-12.57%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Book Value
($42.76) per share

Miscellaneous

Free Float
3,308,000
Market Cap
$93.57 million
Optionable
Not Optionable
Beta
0.42

Key Executives

  • Mr. George Lawrence Mikan III (Age 50)
    Vice Chairman, CEO & Pres
    Comp: $2.32M
  • Ms. Catherine R. Smith (Age 58)
    Chief Financial & Admin. Officer
    Comp: $1.08M
  • Mr. Simeon Schindelman (Age 59)
    Chief Exec. Officer of Bright HealthCare
    Comp: $692.82k
  • Mr. 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 Cook
    Chief Operating Officer
  • Mr. Jeffrey Joseph Scherman
    Chief Accounting Officer
  • Mr. Stephen Rodgers Hagan C.F.A.
    Director of Investor Relations
  • Mr. Jeff Craig
    Gen. Counsel & Corp. Sec.
  • Mr. Brett Erhardt
    Chief Strategy & Growth Officer













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

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