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S&P 500   4,594.63
DOW   36,245.50
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Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
New CBOE “special perk” helps traders target income every weekend (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
New CBOE “special perk” helps traders target income every weekend (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
New CBOE “special perk” helps traders target income every weekend (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt

Elevance Health Stock Price, News & Analysis (NYSE:ELV)

$483.12
+3.63 (+0.76%)
(As of 12/1/2023 08:54 PM ET)
Compare
Today's Range
$478.42
▼
$485.22
50-Day Range
$433.52
▼
$483.14
52-Week Range
$412.00
▼
$544.01
Volume
1.36 million shs
Average Volume
1.17 million shs
Market Capitalization
$113.51 billion
P/E Ratio
18.97
Dividend Yield
1.23%
Price Target
$565.82
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Elevance Health MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
17.1% Upside
$565.82 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.91mentions of Elevance Health in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$29,078 Sold Last Quarter
Proj. Earnings Growth
11.95%
From $33.06 to $37.01 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Medical Sector

64th out of 957 stocks

Hospital & Medical Service Plans Industry

3rd out of 9 stocks

See Top Rated MarketRank™ Stocks Here

ELV stock logo

About Elevance Health Stock (NYSE:ELV)

Elevance Health, Inc. operates as a health benefits company. The company operates through four segments: Commercial & Specialty Business, Government Business, CarelonRx, and Other. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was founded in 1944 and is based in Indianapolis, Indiana.

ELV Stock Price History

ELV Stock News Headlines

December 2, 2023 | finance.yahoo.com
Elevance Health (ELV) Outperforms Broader Market: What You Need to Know
November 30, 2023 | bizjournals.com
Big insurance company to add 250 workers in downtown St. Louis
December 4, 2023 | DTI Trader (Ad)
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November 30, 2023 | reuters.com
Explainer: Why prior mega health insurer deals like the possible Cigna/Humana merger failed
November 30, 2023 | msn.com
Cigna-Humana tie-up would face "regulatory uncertainty" - Bank of America analysts
November 29, 2023 | msn.com
Cigna, Humana in talks to combine in stock-and-cash deal - WSJ (update)
November 28, 2023 | finance.yahoo.com
Here's Why Elevance Health (ELV) is a Strong Growth Stock
November 24, 2023 | americanbankingnews.com
Head-To-Head Review: Pacific Health Care Organization (OTCMKTS:PFHO) vs. Elevance Health (NYSE:ELV)
December 4, 2023 | DTI Trader (Ad)
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November 23, 2023 | seekingalpha.com
A Look At Elevance's Margin Dynamics
November 21, 2023 | finance.yahoo.com
Elevance Health Insiders Sell US$1.2m Of Stock, Possibly Signalling Caution
November 17, 2023 | msn.com
Why Is Elevance Health (ELV) Up 0.1% Since Last Earnings Report?
November 17, 2023 | markets.businessinsider.com
What 4 Analyst Ratings Have To Say About Elevance Health
November 15, 2023 | finance.yahoo.com
Those who invested in Elevance Health (NYSE:ELV) five years ago are up 76%
November 14, 2023 | finance.yahoo.com
3 Reasons Why Growth Investors Shouldn't Overlook Elevance Health (ELV)
November 14, 2023 | finance.yahoo.com
Leon Cooperman's Omega Advisors Takes a Healthy Position in Elevance Health with a 1.
November 14, 2023 | msn.com
Healthcare Insurance Giants Elevance Health, Cigna Settle Long-Standing Contract Dispute, Paving Way To Appeal $15B Lawsuit
November 14, 2023 | finance.yahoo.com
Elevance Health Inc Takes the Spotlight in Ruane Cunniff's Latest 13F Filing
November 14, 2023 | finance.yahoo.com
Leon Cooperman's Omega Advisors Takes a Healthy Position in Elevance Health with a 1. ...
November 14, 2023 | finance.yahoo.com
Arnold Van Den Berg Bolsters Portfolio with Elevance Health Inc, Marking a 1.58% Increase
November 14, 2023 | finance.yahoo.com
Glenn Greenberg's Brave Warrior Advisors Capitalizes on Discover Financial Services in Q3
November 13, 2023 | insidermonkey.com
10 Healthcare Focused Hedge Funds and 5 Top Stock Picks
November 9, 2023 | finance.yahoo.com
Why Elevance Health (ELV) is a Top Growth Stock for the Long-Term
November 9, 2023 | finance.yahoo.com
Should You Think About Buying Elevance Health, Inc. (NYSE:ELV) Now?
November 8, 2023 | markets.businessinsider.com
Driving Factors for Ann Hynes’ Buy Rating on Elevance Health Amidst Industry Challenges
November 7, 2023 | finance.yahoo.com
AM Best Assigns Indicative Issue Credit Ratings to Elevance Health, Inc.’s New Shelf Registrations
November 4, 2023 | morningstar.com
Elevance Health Inc ELV
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Company Calendar

Ex-Dividend for 9/22 Dividend
9/07/2023
Dividend Payable
9/22/2023
Last Earnings
10/18/2023
Today
12/03/2023
Ex-Dividend for 12/21 Dividend
12/05/2023
Dividend Payable
12/21/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Hospital & medical service plans
Sub-Industry
Managed Health Care
Sector
Medical
Current Symbol
NYSE:ELV
CUSIP
94973V10
CIK
1156039
Web
www.antheminc.com
Phone
(800) 331-1476
Fax
317-488-6275
Employees
102,300
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$565.82
High Stock Price Target
$587.00
Low Stock Price Target
$547.00
Potential Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$25.47
Trailing P/E Ratio
18.97
Forward P/E Ratio
14.61
P/E Growth
1.21
Net Income
$6.03 billion
Net Margins
3.61%
Pretax Margin
4.70%
Return on Equity
20.71%
Return on Assets
7.24%

Debt

Debt-to-Equity Ratio
0.62
Current Ratio
1.41
Quick Ratio
1.41

Sales & Book Value

Annual Sales
$156.60 billion
Price / Sales
0.72
Cash Flow
$36.38 per share
Price / Cash Flow
13.28
Book Value
$164.02 per share
Price / Book
2.95

Miscellaneous

Outstanding Shares
234,960,000
Free Float
234,137,000
Market Cap
$113.51 billion
Optionable
Optionable
Beta
0.84

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Key Executives

  • Ms. Gail Koziara Boudreaux (Age 62)
    President, CEO & Director
    Comp: $6.13M
  • Mr. Peter David Haytaian Esq. (Age 53)
    Executive VP and President of Carelon & CarelonRx
    Comp: $2.39M
  • Ms. Felicia Farr Norwood (Age 63)
    Executive VP & President of Government Health Benefits
    Comp: $2.39M
  • Mr. Mark Bradley Kaye (Age 43)
    Executive VP & CFO
  • Mr. Scott Wayne Anglin
    SVP, Treasurer & Chief Investment Officer
  • Mr. Ronald William Penczek (Age 58)
    Senior VP, Controller & Chief Accounting Officer
  • Mr. Anil Bhatt
    Chief Technology Officer
  • Mr. Blair Williams Todt (Age 55)
    EVP, Chief Legal & Administrative Officer and Interim Head of HR, Global Security & Safety Team
  • Mr. Stephen Vartan Tanal C.F.A.
    Vice President of Investor Relations
  • Ms. Julie Goon
    Senior Vice President of Public Affairs

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions














ELV Stock Analysis - Frequently Asked Questions

Should I buy or sell Elevance Health stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevance Health in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ELV shares.
View ELV analyst ratings or view top-rated stocks.

What is Elevance Health's stock price target for 2024?

12 analysts have issued 1-year price targets for Elevance Health's stock. Their ELV share price targets range from $547.00 to $587.00. On average, they predict the company's stock price to reach $565.82 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for ELV or view top-rated stocks among Wall Street analysts.

How have ELV shares performed in 2023?

Elevance Health's stock was trading at $512.97 at the beginning of the year. Since then, ELV stock has decreased by 5.8% and is now trading at $483.12.
View the best growth stocks for 2023 here.

When is Elevance Health's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our ELV earnings forecast.

How were Elevance Health's earnings last quarter?

Elevance Health, Inc. (NYSE:ELV) announced its quarterly earnings data on Wednesday, October, 18th. The company reported $8.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.45 by $0.54. The company earned $42.48 billion during the quarter, compared to the consensus estimate of $42.69 billion. Elevance Health had a net margin of 3.61% and a trailing twelve-month return on equity of 20.71%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company posted $7.53 EPS.

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

Elevance Health declared a quarterly dividend on Tuesday, October 17th. Shareholders of record on Wednesday, December 6th will be paid a dividend of $1.48 per share on Thursday, December 21st. This represents a $5.92 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Tuesday, December 5th.
Read our dividend analysis for ELV.

Is Elevance Health a good dividend stock?

Elevance Health (NYSE:ELV) pays an annual dividend of $5.92 per share and currently has a dividend yield of 1.23%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELV will have a dividend payout ratio of 16.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ELV.

What ETFs hold Elevance Health's stock?

ETFs with the largest weight of Elevance Health (NYSE:ELV) stock in their portfolio include iShares U.S. Healthcare Providers ETF (IHF), WBI BullBear Value 3000 ETF (WBIF), Guru Favorite Stocks ETF (GFGF), Alpha Intelligent - Large Cap Value ETF (AILV), First Trust Long/Short Equity ETF (FTLS), T. Rowe Price Equity Income ETF (TEQI), Health Care Select Sector SPDR Fund (XLV) and IQ Healthy Hearts ETF (HART).

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

Elevance Health issued an update on its FY 2023 earnings guidance on Wednesday, September, 20th. The company provided earnings per share guidance of $32.85- for the period, compared to the consensus estimate of $32.93. The company issued revenue guidance of -.

Who are Elevance Health's major shareholders?

Elevance Health's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (2.81%), Sanders Capital LLC (1.81%), FMR LLC (1.79%), Ameriprise Financial Inc. (1.40%), Baillie Gifford & Co. (1.30%) and Morgan Stanley (1.19%). Insiders that own company stock include Charles Morgan Kendrick Jr, Gloria M Mccarthy, John E Gallina, Julie A Hill, Peter D Haytaian, Ramiro G Peru, Robert L Dixon Jr, Ronald W Penczek and Ryan M Schneider.
View institutional ownership trends.

How do I buy shares of Elevance Health?

Shares of ELV 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.

Does Elevance Health have any subsidiaries?
The following companies are subsidiares of Elevance Health: 1-800 Contacts, AIM Specialty Health, AMERIGROUP Community Care of New Mexico Inc., AMERIGROUP Corporation, AMERIGROUP Maryland Inc., AMERIGROUP New Jersey Inc., AMERIGROUP Ohio Inc., AMERIGROUP Tennessee Inc., AMERIGROUP Texas Inc., AMERIGROUP Washington Inc., AMGP Georgia Managed Care Company Inc., ATH Holding Company LLC, America's 1st Choice of South Carolina Inc., America's Health Management Services Inc., American Imaging Management Inc., America’s 1st Choice, Amerigroup, Amerigroup Delaware Inc., Amerigroup District of Columbia Inc., Amerigroup Health Plan of Louisiana Inc., Amerigroup IPA of New York LLC, Amerigroup Insurance Company, Amerigroup Iowa Inc., Amerigroup Kansas Inc., Amerigroup Mississippi Inc., Amerigroup Oklahoma Inc., Amerigroup Partnership Plan LLC, Amerigroup Pennsylvania Inc., Anthem Blue Cross Life and Health Insurance Company, Anthem Financial Inc., Anthem Health Plans Inc., Anthem Health Plans of Kentucky Inc., Anthem Health Plans of Maine Inc., Anthem Health Plans of New Hampshire Inc., Anthem Health Plans of Virginia Inc., Anthem Holding Corp., Anthem Innovation Israel Ltd., Anthem Insurance Companies Inc., Anthem Kentucky Managed Care Plan Inc., Anthem Life & Disability Insurance Company, Anthem Life Insurance Company, Anthem Partnership Holding Company LLC, Anthem Services Company LLC, Anthem Southeast Inc., Anthem UM Services Inc., Anthem Workers' Compensation LLC, Applied Pathways LLC, Arcus Enterprises Inc., Aspire Health Inc., Aspire Healthcare Corp, Associated Group Inc., Beacon Health Options, Blue Cross Blue Shield Healthcare Plan of Georgia Inc., Blue Cross Blue Shield of Wisconsin, Blue Cross of California, Blue Cross of California Partnership Plan Inc., CareMarket Inc., CareMore Health Plan, CareMore Health Plan of Arizona Inc., CareMore Health Plan of Nevada, CareMore Health Plan of Texas Inc., CareMore Health System, CareMore LLC, Cerulean Companies Inc., Claim Management Services Inc., Community Care Health Plan of Louisiana Inc., Community Care Health Plan of Nevada Inc., Community Insurance Company, Compcare Health Services Insurance Corporation, Crossroads Acquisition Corp., DBG Holdings Inc., DeCare Analytics LLC, DeCare Dental Health International LLC, DeCare Dental Insurance Ireland Ltd., DeCare Dental LLC, DeCare Dental Networks LLC, DeCare Operations Ireland Limited, Delivery Network LLC, Designated Agent Company Inc., EHC Benefits Agency Inc., EasyScripts Cutler Bay LLC, EasyScripts Hialeah LLC, EasyScripts LLC, EasyScripts Westchester LLC, Empire HealthChoice Assurance Inc., Empire HealthChoice HMO Inc., Federal Government Solutions LLC, Freedom Health Inc., Global TPA LLC, Golden West Health Plan Inc., Greater Georgia Life Insurance Company, HEP AP Holdings Inc., HMO Colorado Inc., HMO Missouri Inc., Health Core Inc., Health Management Corporation, Health Ventures Partner L.L.C., HealthKeepers Inc., HealthLink HMO Inc., HealthLink Inc., HealthLink Insurance Company, HealthPlus HP LLC, HealthSun Health Plans, HealthSun Health Plans Inc., HealthSun Holdings LLC, HealthSun Management LLC, HealthSun Physicians Network I LLC, HealthSun Physicians Network LLC, Healthy Alliance Life Insurance Company, Highland Acquisition Holdings LLC, Highland Holdco Inc., Highland Intermediate Holdings LLC, Highland Investor Holdings LLC, Imaging Management Holdings LLC, IngenioRx Inc., Legato Health Technologies LLP, Legato Health Technologies Philippines Inc., Legato Holdings I Inc., Legato Holdings II LLC, Living Complete Technologies Inc., Matthew Thornton Health Plan Inc., Memphis Supportive Care Partnership LLC, Meridian Resource Company LLC, Missouri Care Incorporated, NGS Federal LLC, Nash Holding Company LLC, National Government Services Inc., New England Research Institutes Inc., Optimum Healthcare Inc., Park Square Holdings Inc., Park Square I Inc., Park Square II Inc., Pasteur Medical Bird Road LLC, Pasteur Medical Center LLC, Pasteur Medical Cutler Bay LLC, Pasteur Medical Group LLC, Pasteur Medical Hialeah Gardens LLC, Pasteur Medical Holdings LLC, Pasteur Medical Kendall LLC, Pasteur Medical Management LLC, Pasteur Medical Miami Gardens LLC, Pasteur Medical North Miami Beach LLC, Pasteur Medical Partners LLC, Resolution Health Inc, Resolution Health Inc., RightCHOICE Managed Care Inc., Rocky Mountain Hospital and Medical Service Inc., SellCore Inc., Simply Healthcare Holdings, Simply Healthcare Plans Inc., Southeast Services Inc., State Sponsored DM Services Inc., The Anthem Companies Inc., The Anthem Companies of California Inc., TrustSolutions LLC, UNICARE Health Plan of West Virginia Inc., UNICARE Illinois Services Inc., UNICARE National Services Inc., UniCare Life & Health Insurance Company, UniCare Specialty Services Inc., Valus Inc., WPMI LLC, WellCare of Nebraska Inc., WellPoint Acquisition LLC, WellPoint California Services Inc., WellPoint Dental Services Inc., WellPoint Health Solutions Inc., WellPoint Holding Corp., WellPoint Information Technology Services Inc., WellPoint Insurance Services Inc., WellPoint Military Care Corporation, Wellmax Health Medical Centers LLC, Wellmax Health Physicians Network LLC, and Wisconsin Collaborative Insurance Company.
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This page (NYSE:ELV) was last updated on 12/4/2023 by MarketBeat.com Staff

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