CVS Health (CVS) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1266501006

CVS Health Corporation, listed on the New York Stock Exchange as CVS, offers a range of health solutions across the United States. The company operates through three key segments: Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness.

The Health Care Benefits division provides various health insurance products and services to a wide range of clients, such as employer groups, individuals, college students, health plans, and government entities. They offer traditional, voluntary, and consumer-directed insurance options to cater to different needs.

In the Health Services segment, CVS Health Corporation provides pharmacy benefit management solutions, including plan design, formulary management, retail and mail order pharmacy services, specialty pharmacy offerings, and clinical services. They work with employers, insurance companies, government groups, and individuals to manage pharmacy-related needs effectively.

As part of the Pharmacy & Consumer Wellness segment, CVS offers a diverse range of prescription and over-the-counter medications, health and beauty products, and personal care items. Additionally, they distribute prescription drugs and offer pharmacy consulting services to various healthcare facilities. The company operates a network of pharmacies, online retail websites, specialty stores, and compounding facilities to meet customer needs.

Founded in 1996 and headquartered in Woonsocket, Rhode Island, CVS Health Corporation was previously known as CVS Caremark Corporation before rebranding in September 2014. To learn more, you can visit their website at https://www.cvshealth.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for CVS Health (CVS) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for CVS Health (CVS) - Stock Price & Dividends

CVS Stock Overview

Market Cap in USD 95,567m
Sector Healthcare
Industry Healthcare Plans
GiC SubIndustry Health Care Services
TER 0.00%
IPO / Inception 1984-12-17

CVS Stock Ratings

Fundamental 2.94
Dividend 7.18
Growth 5y 4.55
Rel. Performance vs Sector -0.46
Analysts 4.11/5
Fair Price Momentum 76.94 USD
Fair Price DCF 226.40 USD

CVS Dividends

Yield 12m 3.12%
Yield on Cost 5y 5.29%
Dividends CAGR 5y 3.89%
Payout Consistency 96.8%

CVS Growth Ratios

Growth 12m 10.91%
Growth Correlation 12m 34%
Growth Correlation 3m 3%
CAGR 5y 11.12%
Sharpe Ratio 12m 0.23
Alpha vs SP500 12m -15.09
Beta vs SP500 5y weekly 0.77
ValueRay RSI 83.98
Volatility GJR Garch 1y 22.36%
Price / SMA 50 5.02%
Price / SMA 200 10.86%
Current Volume 10263.6k
Average Volume 20d 9174.3k

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What is the price of CVS stocks?
As of March 29, 2024, the stock is trading at USD 79.43 with a total of 10,263,568 shares traded.
Over the past week, the price has changed by +0.57%, over one month by +4.14%, over three months by +1.69% and over the past year by +11.69%.
What is the forecast for CVS stock price target?
According to ValueRays Forecast Model, CVS CVS Health will be worth about 83.3 in March 2025. The stock is currently trading at 79.43. This means that the stock has a potential upside of +4.87%.
Issuer Forecast Upside
Wallstreet Target Price 88 10.8%
Analysts Target Price 90.2 13.5%
ValueRay Target Price 83.3 4.87%

Understanding CVS Health Corp: A Comprehensive Overview

History of CVS Health Corp

CVS Health Corp, originally named Consumer Value Stores, embarked on its journey in 1963, starting as a health and beauty products retailer in Lowell, Massachusetts. Over decades, it has evolved, marking milestones that shaped it into a frontline pharmacy innovation company. Key transformations include the introduction of pharmacy benefit management (PBM) services in 2007, further expansion into healthcare services, and the pivotal acquisition of Aetna in 2018. This expansion has cemented CVS's role in the healthcare ecosystem, moving beyond retail to become a holistic healthcare provider.

Core and Side Businesses

The core business of CVS Health encompasses its retail pharmacy services, which operate under the CVS Pharmacy brand, providing prescription medications, health products, and wellness goods. Additionally, it runs walk-in medical clinics known as MinuteClinic that offer treatments and vaccinations. A significant part of CVS's operations also lies in its healthcare benefits segment, managed under Aetna, catering to millions with health insurance products and services.

Beyond these, CVS Health is engaged in pharmacy benefit management (PBM) through CVS Caremark, optimizing prescription drug benefits on behalf of health insurers, employers, and government agencies. Its comprehensive approach also extends to specialty pharmacy services, focusing on chronic and genetic diseases' treatments. While these are the core segments, CVS continuously innovates in digital health and other side ventures aiming at enhancing overall healthcare accessibility and affordability.

Current Market Status

As of 2023, CVS Health Corp maintains a robust presence in the health care market, benefiting from a wide network of physical locations and an expanding array of health services. The company has adeptly navigated the challenges and opportunities presented by the global pandemic, accelerating its digital transformation and telehealth services. Its strategic acquisitions, like that of Aetna, continue to diversify its revenue streams and strengthen its market position against competitors. The financial performance demonstrates significant resilience and potential for growth, reflecting its adaptability and commitment to healthcare innovation.