NYSE:CVS - CVS Health Stock Price, News, & Analysis

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$52.88 +0.58 (+1.11 %)
(As of 05/20/2019 08:31 AM ET)
Previous Close$52.30
Today's Range$51.72 - $53.20
52-Week Range$51.72 - $82.15
Volume8.05 million shs
Average Volume10.95 million shs
Market Capitalization$68.70 billion
P/E Ratio7.47
Dividend Yield3.78%
Beta0.93
CVS Health Corporation provides health services and plans in the United States. Its Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, Medicare Part D, clinical, disease management, and medical spend management services. The company's Retail/LTC segment sells prescription drugs and general merchandise, such as over-the-counter drugs, beauty products, cosmetics, and personal care products, as well as provides health care services through its MinuteClinic walk-in medical clinics. Its Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management, Medicare plans, PDPs, Medicaid health care management services, workers' compensation administrative services, and health information technology products and services. The company's customers include employers, insurance companies, unions, government employee groups, health plans, Medicare Part D prescription drug plans, Medicaid managed care plans, plans offered on public health insurance exchanges and private health insurance exchanges, other sponsors of health benefit plans, individuals, college students, workers, labor groups, and expatriates. As of December 31, 2018, it had approximately 40 leased on-site pharmacies, 25 leased retail specialty pharmacy stores, 20 specialty mail order pharmacies, and 90 branches for infusion and enteral services; and 9,900 retail locations and 1,100 MinuteClinic locations, as well as operated an online retail pharmacy Websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.

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Industry, Sector and Symbol

Industry Drug stores & proprietary stores
Sub-IndustryDrug Retail
SectorRetail/Wholesale
CUSIP12665010
Phone401-765-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$194.58 billion
Cash Flow$15.9758 per share
Book Value$46.19 per share

Profitability

Net Income$-594,000,000.00

Miscellaneous

Employees295,000
Outstanding Shares1,299,090,000
Market Cap$68.70 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

CVS Health (NYSE:CVS) Frequently Asked Questions

What is CVS Health's stock symbol?

CVS Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVS."

How often does CVS Health pay dividends? What is the dividend yield for CVS Health?

CVS Health declared a quarterly dividend on Wednesday, March 6th. Stockholders of record on Tuesday, April 23rd will be paid a dividend of $0.50 per share on Friday, May 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Monday, April 22nd. View CVS Health's Dividend History.

How were CVS Health's earnings last quarter?

CVS Health Corp (NYSE:CVS) announced its quarterly earnings results on Wednesday, May, 1st. The pharmacy operator reported $1.62 EPS for the quarter, beating the consensus estimate of $1.50 by $0.12. The pharmacy operator earned $61.65 billion during the quarter, compared to the consensus estimate of $60.39 billion. CVS Health had a positive return on equity of 16.80% and a negative net margin of 0.08%. The firm's revenue was up 34.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 earnings per share. View CVS Health's Earnings History.

When is CVS Health's next earnings date?

CVS Health is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for CVS Health.

What guidance has CVS Health issued on next quarter's earnings?

CVS Health issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of $6.75-6.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.77. CVS Health also updated its FY 2019 guidance to $6.75-6.90 EPS.

What price target have analysts set for CVS?

24 analysts have issued 12-month price targets for CVS Health's stock. Their predictions range from $61.00 to $100.00. On average, they anticipate CVS Health's stock price to reach $77.6190 in the next year. This suggests a possible upside of 46.8% from the stock's current price. View Analyst Price Targets for CVS Health.

What is the consensus analysts' recommendation for CVS Health?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVS Health in the last year. There are currently 1 sell rating, 7 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CVS Health.

Has CVS Health been receiving favorable news coverage?

Media headlines about CVS stock have been trending positive on Monday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CVS Health earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media stories about the pharmacy operator a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting CVS Health?

CVS Health saw a decrease in short interest in the month of April. As of April 15th, there was short interest totalling 15,738,155 shares, a decrease of 18.7% from the March 29th total of 19,358,142 shares. Based on an average trading volume of 12,715,020 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.2% of the shares of the company are short sold. View CVS Health's Current Options Chain.

Who are some of CVS Health's key competitors?

What other stocks do shareholders of CVS Health own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CVS Health investors own include AT&T (T), Walt Disney (DIS), NVIDIA (NVDA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Alibaba Group (BABA), Bank of America (BAC), Intel (INTC), General Electric (GE) and Home Depot (HD).

Who are CVS Health's key executives?

CVS Health's management team includes the folowing people:
  • Mr. Larry J. Merlo, Pres, CEO & Director (Age 63)
  • Mr. Jonathan C. Roberts, Exec. VP & COO (Age 63)
  • Mr. Thomas Michael Moriarty, Exec. VP, Chief Policy & External Affairs Officer and Gen. Counsel (Age 55)
  • Ms. Eva C. Boratto, Exec. VP & CFO (Age 52)
  • Mr. James D. Clark, Sr. VP, Controller & Chief Accounting Officer (Age 54)

Who are CVS Health's major shareholders?

CVS Health's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.12%), Wellington Management Group LLP (2.56%), FMR LLC (2.25%), Northern Trust Corp (1.40%), Geode Capital Management LLC (1.35%) and Dimensional Fund Advisors LP (0.99%). Company insiders that own CVS Health stock include C David Brown II, David M Denton, David W Dorman, Edward J Ludwig, Eva C Boratto, Helena Foulkes, James David Clark, Jonathan C Roberts, Kevin Hourican, Larry J Merlo, Lisa Bisaccia, Richard J Swift, Thomas M Moriarty and Troyen A Brennan. View Institutional Ownership Trends for CVS Health.

Which major investors are selling CVS Health stock?

CVS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Diamond Hill Capital Management Inc., Skandinaviska Enskilda Banken AB publ , Parnassus Investments CA, Boston Partners, Amundi Pioneer Asset Management Inc., Parametric Portfolio Associates LLC and TD Asset Management Inc.. Company insiders that have sold CVS Health company stock in the last year include David M Denton, Eva C Boratto, James David Clark, Jonathan C Roberts, Kevin Hourican, Larry J Merlo, Lisa Bisaccia and Troyen A Brennan. View Insider Buying and Selling for CVS Health.

Which major investors are buying CVS Health stock?

CVS stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Vulcan Value Partners LLC, Macquarie Group Ltd., Morgan Stanley, Ellis Investment Partners LLC, Primecap Management Co. CA, Geode Capital Management LLC and The Manufacturers Life Insurance Company . Company insiders that have bought CVS Health stock in the last two years include C David Brown II, David W Dorman and Edward J Ludwig. View Insider Buying and Selling for CVS Health.

How do I buy shares of CVS Health?

Shares of CVS 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 CVS Health's stock price today?

One share of CVS stock can currently be purchased for approximately $52.88.

How big of a company is CVS Health?

CVS Health has a market capitalization of $68.70 billion and generates $194.58 billion in revenue each year. The pharmacy operator earns $-594,000,000.00 in net income (profit) each year or $7.08 on an earnings per share basis. CVS Health employs 295,000 workers across the globe.

What is CVS Health's official website?

The official website for CVS Health is http://www.cvshealth.com.

How can I contact CVS Health?

CVS Health's mailing address is ONE CVS DR., WOONSOCKET RI, 02895. The pharmacy operator can be reached via phone at 401-765-1500 or via email at [email protected]


MarketBeat Community Rating for CVS Health (NYSE CVS)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  1,143 (Vote Outperform)
Underperform Votes:  641 (Vote Underperform)
Total Votes:  1,784
MarketBeat's community ratings are surveys of what our community members think about CVS Health and other stocks. Vote "Outperform" if you believe CVS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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