Elevance Health (ELV) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0367521038

Elevance Health Inc (NYSE: ELV) is a health benefits company that operates through four segments: Commercial & Specialty Business, Government Business, CarelonRx, and Other. The company's main focus is supporting consumers, families, and communities throughout their health journeys by connecting them to care, support, and resources that enable them to lead healthier lives.

Furthermore, Elevance Health Inc offers a diverse range of solutions including medical, digital, pharmacy, behavioral, clinical, and care services. Originally known as Anthem, Inc., the company rebranded as Elevance Health Inc in June 2022. Established in 1944, Elevance Health Inc is headquartered in Indianapolis, Indiana.

For more information, you can visit Elevance Health Inc's website at: https://www.elevancehealth.com

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

ELV Stock Overview

Market Cap in USD 123,512m
Sector Healthcare
Industry Healthcare Plans
GiC SubIndustry Managed Health Care
TER 0.00%
IPO / Inception 2001-01-02

ELV Stock Ratings

Growth 5y 7.88
Fundamental 63.0
Dividend 8.01
Rel. Performance vs Sector 0.97
Analysts 4.55/5
Fair Price Momentum 537.96 USD
Fair Price DCF 276.27 USD

ELV Dividends

Yield 12m 1.14%
Yield on Cost 5y 2.42%
Dividends CAGR 5y 13.09%
Payout Consistency 100.0%

ELV Growth Ratios

Growth 12m 19.51%
Growth Correlation 12m 58%
Growth Correlation 3m 51%
CAGR 5y 16.30%
Sharpe Ratio 12m 0.68
Alpha vs SP500 12m -5.95
Beta vs SP500 5y weekly 0.94
ValueRay RSI 95.00
Volatility GJR Garch 1y 22.64%
Price / SMA 50 4.68%
Price / SMA 200 12.8%
Current Volume 916k
Average Volume 20d 1159.9k

External Links for ELV Stock

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What is the price of ELV stocks?
As of April 25, 2024, the stock is trading at USD 533.73 with a total of 916,012 shares traded.
Over the past week, the price has changed by +4.86%, over one month by +4.58%, over three months by +13.04% and over the past year by +16.79%.
What is the forecast for ELV stock price target?
According to ValueRays Forecast Model, ELV Elevance Health will be worth about 593 in April 2025. The stock is currently trading at 533.73. This means that the stock has a potential upside of +11.1%.
Issuer Forecast Upside
Wallstreet Target Price 583.9 9.39
Analysts Target Price 570 6.80
ValueRay Target Price 593 11.1

The Evolution and Current Landscape of Elevance Health Inc

Introduction to Elevance Health

Elevance Health Inc, formerly known as Anthem Inc, stands as a prominent entity in the healthcare insurance sector of the United States. Embarked on its journey over 75 years ago, the company has shown remarkable evolution, adapting and growing in response to healthcare industry dynamics and the needs of its vast customer base.

Core Business Operations

At its core, Elevance Health Inc specializes in providing healthcare solutions through a diverse range of health insurance products and services. Its offerings include but are not limited to, Medicare, Medicaid, and employer-based insurance plans. The company focuses on fostering a healthier and more connected healthcare environment for individuals, simplifying access to care, and enhancing the overall experience.

Expansion into Side Businesses

Beyond its primary insurance operations, Elevance Health has strategically branched out into related arenas to provide comprehensive health services. This includes investments in digital health platforms, services aimed at managing chronic conditions, and initiatives to improve mental health. The company's intention is to address not just the immediate health needs but the broader spectrum of wellness and preventative care.

Current Market Status

As of 2023, Elevance Health Inc continues to hold a formidable position in the market. With a solid foundation built over decades and a keen eye for innovation and customer-centric solutions, the company has managed to navigate the challenges of the ever-evolving health sector successfully. Its stock, listed on the NYSE under the symbol ELV, reflects a stable and promising investment, backed by the company's consistent performance and strategic growth initiatives.