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MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
NYSE:BHG

Bright Health Group - BHG Stock Forecast, Price & News

$0.99
+0.12 (+13.82%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.82
$1.03
50-Day Range
$0.52
$1.04
52-Week Range
$0.49
$4.06
Volume
1.38 million shs
Average Volume
1.49 million shs
Market Capitalization
$622.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.52

Bright Health Group MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
155.2% Upside
$2.52 Price Target
Short Interest
Bearish
15.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$605,596 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.64) to ($0.35) Per Share

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 stars

Medical Sector

830th out of 1,055 stocks

Hospital & Medical Service Plans Industry

10th 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

The Next Big Crisis Is Here
You 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.
The Next Big Crisis Is Here
You 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.
Thursday 11/17 Insider Buying Report: ALIT, BHG
Bright Health Group Reports Third Quarter 2022 Results
BHG Bright Health Group, Inc.
8-K: Bright Health Group Inc.
Bright Health Group, Inc. (BHG)
Bright Health Group Reports Second Quarter 2022 Results
See More Headlines
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BHG Company Calendar

Last Earnings
11/09/2022
Today
1/28/2023
Next Earnings (Estimated)
3/01/2023
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
$2.52
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$1.00
Forecasted Upside/Downside
+155.2%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$-1,184,860,000.00
Pretax Margin
-25.06%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Book Value
$1.82 per share

Miscellaneous

Free Float
316,109,000
Market Cap
$622.33 million
Optionable
Not Optionable
Beta
0.39

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?

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