Elevance Health (ELV) - Stock Price & Dividends

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

Health Insurance, Pharmacy Services, Managed Care

Elevance Health, Inc. is a leading health benefits company in the United States, operating through four main segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. The company offers a wide range of health plans and services to its program members, including health products, fee-based administrative managed care services, and specialty insurance products such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits.

Through its pharmacy services business, Elevance Health provides a comprehensive suite of services, including pharmacy benefit management, home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. This enables the company to provide end-to-end support to its customers.

In addition to its core health benefits and pharmacy services, Elevance Health offers a range of healthcare-related services and capabilities. These include utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs. The company also provides services related to data management, information technology, and business operations, making it a one-stop-shop for its customers.

Elevance Health operates under several well-known brand names, including Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon. The company has a rich history, dating back to 2001, and is headquartered in Indianapolis, Indiana. With a strong online presence, customers can access the company's services and information through its website, https://www.elevancehealth.com.

Notably, the company rebranded itself as Elevance Health, Inc. in June 2022, marking a new chapter in its journey. With its diverse range of services and capabilities, Elevance Health is well-positioned to continue providing high-quality health benefits and services to its customers across the United States.

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 125,747m
Sector Healthcare
Industry Healthcare Plans
GiC SubIndustry Managed Health Care
TER 0.00%
IPO / Inception 2001-01-02

ELV Stock Ratings

Growth 5y 71.5
Fundamental 63.0
Dividend 7.99
Rel. Performance vs Sector 0.76
Analysts 4.59/5
Fair Price Momentum 540.59 USD
Fair Price DCF 270.76 USD

ELV Dividends

Yield 12m 1.16%
Yield on Cost 5y 2.28%
Dividends CAGR 5y 13.09%
Payout Consistency 100.0%

ELV Growth Ratios

Growth 12m 20.17%
Growth Correlation 12m 73%
Growth Correlation 3m 44%
CAGR 5y 14.31%
CAGR/Mean DD 5y 1.65
Sharpe Ratio 12m 0.76
Alpha vs SP500 12m -6.20
Beta vs SP500 5y weekly 0.95
ValueRay RSI 40.44
Volatility GJR Garch 1y 18.59%
Price / SMA 50 0.89%
Price / SMA 200 9.58%
Current Volume 1855.1k
Average Volume 20d 1165.4k

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What is the price of ELV stocks?
As of June 22, 2024, the stock is trading at USD 534.42 with a total of 1,855,122 shares traded.
Over the past week, the price has changed by -0.07%, over one month by -1.75%, over three months by +4.15% and over the past year by +21.62%.
What are the forecast for ELV stock price target?
According to ValueRays Forecast Model, ELV Elevance Health will be worth about 595.6 in June 2025. The stock is currently trading at 534.42. This means that the stock has a potential upside of +11.45%.
Issuer Forecast Upside
Wallstreet Target Price 609.3 14.0
Analysts Target Price 570 6.66
ValueRay Target Price 595.6 11.5

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.