Log in

CVS Health Stock Forecast, Price & News

+0.24 (+0.35 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $67.87
50-Day Range
MA: $62.73
52-Week Range
Now: $67.87
Volume2.80 million shs
Average Volume8.87 million shs
Market Capitalization$88.84 billion
P/E Ratio11.22
Dividend Yield2.96%
CVS Health Corporation provides health services and plans in the United States. The company's Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans (PDPs), Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail order, mail order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. Its Retail/LTC segment sells prescription and over-the-counter drugs, beauty and personal care products, and cosmetics; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to chronic care facilities and other care settings. As of December 31, 2019, it operated approximately 9,900 retail locations and 1,100 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. The company was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
Read More
CVS Health logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 3.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars

Industry, Sector and Symbol

Industry Drug stores & proprietary stores
Sub-IndustryDrug Retail



Sales & Book Value

Annual Sales$256.78 billion
Cash Flow$10.38 per share
Book Value$52.80 per share


Net Income$6.63 billion


Outstanding Shares1,308,914,000
Market Cap$88.84 billion
Next Earnings Date2/10/2021 (Estimated)
+0.24 (+0.35 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CVS News and Ratings via Email

Sign-up to receive the latest news and ratings for CVS and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

CVS Health (NYSE:CVS) Frequently Asked Questions

How has CVS Health's stock price been impacted by COVID-19 (Coronavirus)?

CVS Health's stock was trading at $61.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVS stock has increased by 10.7% and is now trading at $67.87.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of CVS Health?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVS Health in the last year. There are currently 3 hold ratings, 11 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CVS Health
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CVS Health?

Wall Street analysts have given CVS Health a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CVS Health wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CVS Health's next earnings date?

CVS Health is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for CVS Health

How were CVS Health's earnings last quarter?

CVS Health Co. (NYSE:CVS) announced its quarterly earnings results on Wednesday, November, 11th. The pharmacy operator reported $1.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.33 by $0.33. The pharmacy operator earned $67.05 billion during the quarter, compared to analyst estimates of $66.54 billion. CVS Health had a return on equity of 15.60% and a net margin of 2.99%. The firm's revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.84 EPS.
View CVS Health's earnings history

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

CVS Health announced a quarterly dividend on Wednesday, October 7th. Shareholders of record on Thursday, October 22nd will be given a dividend of $0.50 per share on Monday, November 2nd. This represents a $2.00 annualized dividend and a yield of 2.95%. The ex-dividend date is Wednesday, October 21st.
View CVS Health's dividend history

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

CVS Health issued an update on its FY20 earnings guidance on Friday, November, 6th. The company provided earnings per share (EPS) guidance of $7.35-7.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.23.

What price target have analysts set for CVS?

16 analysts have issued 12 month target prices for CVS Health's stock. Their forecasts range from $66.00 to $101.00. On average, they anticipate CVS Health's share price to reach $82.43 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for CVS Health

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), The Walt Disney (DIS), Johnson & Johnson (JNJ), NVIDIA (NVDA), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and The Home Depot (HD).

Who are CVS Health's key executives?

CVS Health's management team includes the following people:
  • Mr. Larry J. Merlo, Pres, CEO & Director (Age 64, Pay $12.83M)
  • Ms. Eva C. Boratto, Exec. VP & CFO (Age 53, Pay $4.56M)
  • Mr. Jonathan C. Roberts, Exec. VP & COO (Age 64, Pay $7.55M)
  • Mr. Thomas Michael Moriarty, Exec. VP, Chief Policy & External Affairs Officer and Gen. Counsel (Age 56, Pay $5.78M)
  • Mr. James David Clark, Sr. VP, Controller & Chief Accounting Officer (Age 55)
  • Ms. Valerie C. Haertel, Sr. VP of Investor Relations
  • Mr. David A. Falkowski, Exec. VP & Chief Compliance Officer
  • Ms. Lisa G. Bisaccia, Exec. VP & Chief HR Officer (Age 64)
  • Mr. Troyen A. Brennan M.D., M.P.H., J.D., Exec. VP & Chief Medical Officer (Age 65)
  • Mr. Joshua Matthew Flum, Exec. VP of Enterprise Strategy & Digital (Age 50)

What is CVS Health's stock symbol?

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

Who are CVS Health's major shareholders?

CVS Health's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.66%), State Street Corp (4.32%), Morgan Stanley (1.89%), Charles Schwab Investment Management Inc. (0.83%), Veritas Asset Management LLP (0.82%) and Nuveen Asset Management LLC (0.64%). Company insiders that own CVS Health stock include Alan Lotvin, C David Brown II, David M Denton, David W Dorman, Edward J Ludwig, Eva C Boratto, James David Clark, Jonathan C Roberts, Joshua Matthew Flum, Karen S Lynch, Larry J Merlo, Troyen A Brennan and Vost Collin.
View institutional ownership trends for CVS Health

Which institutional investors are selling CVS Health stock?

CVS stock was sold by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Alta Capital Management LLC, Nuveen Asset Management LLC, AJO LP, State Street Corp, Charles Schwab Investment Management Inc., AQR Capital Management LLC, and Lord Abbett & CO. LLC. Company insiders that have sold CVS Health company stock in the last year include Alan Lotvin, James David Clark, Jonathan C Roberts, and Larry J Merlo.
View insider buying and selling activity for CVS Health

Which institutional investors are buying CVS Health stock?

CVS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Squarepoint Ops LLC, CIBC Private Wealth Group LLC, Neuberger Berman Group LLC, MUFG Securities EMEA plc, and Robeco Institutional Asset Management B.V.. Company insiders that have bought CVS Health stock in the last two years include Alan Lotvin, C David Brown II, David W Dorman, and Edward J Ludwig.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CVS Health's stock price today?

One share of CVS stock can currently be purchased for approximately $67.87.

How big of a company is CVS Health?

CVS Health has a market capitalization of $88.84 billion and generates $256.78 billion in revenue each year. The pharmacy operator earns $6.63 billion in net income (profit) each year or $7.08 on an earnings per share basis. CVS Health employs 290,000 workers across the globe.

What is CVS Health's official website?

The official website for CVS Health is 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]

This page was last updated on 11/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.