S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Top-Rated StocksTop-Rated
NYSE:ELV

Elevance Health (ELV) Stock Forecast, Price & News

$474.06
+7.95 (+1.71%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$467.01
▼
$475.46
50-Day Range
$414.15
▼
$480.42
52-Week Range
$412.00
▼
$549.52
Volume
1.03 million shs
Average Volume
1.23 million shs
Market Capitalization
$111.71 billion
P/E Ratio
17.76
Dividend Yield
1.25%
Price Target
$568.93
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Elevance Health MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
20.0% Upside
$568.93 Price Target
Short Interest
Healthy
0.69% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Elevance Health in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$147,780 Sold Last Quarter
Proj. Earnings Growth
12.49%
From $32.91 to $37.02 Per Share

Overall MarketRank™

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

3.19 out of 5 stars

Medical Sector

11th out of 987 stocks

Hospital & Medical Service Plans Industry

2nd out of 11 stocks

See Top Rated MarketRank™ Stocks Here

ELV stock logo

About Elevance Health (NYSE:ELV) Stock

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 Price History

ELV Stock News Headlines

July 17, 2023 | marketbeat.com
United Health Stock Is Flying, It May Only Be The Beginning
UnitedHealth Group is gaining some popularity amongst its peer group, based on analyst price targets and market valuations around future earnings.
August 12, 2023 | markets.businessinsider.com
J.P. Morgan Sticks to Their Buy Rating for Elevance Health (ELV)
August 14, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
August 11, 2023 | finance.yahoo.com
National Vision (EYE) Q2 Earnings Top Estimates, Margins Down
August 11, 2023 | finance.yahoo.com
Asensus Surgical (ASXC) Q2 Loss Widens, Revenues In Line
August 10, 2023 | finance.yahoo.com
Here's How Much You'd Have If You Invested $1000 in Elevance Health a Decade Ago
August 8, 2023 | finance.yahoo.com
Elevance Health Announces John Gallina to Retire as CFO
August 4, 2023 | finance.yahoo.com
Inari Medical (NARI) Q2 Earnings Top, Revenues Rise Y/Y
August 14, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
August 4, 2023 | finance.yahoo.com
Stryker (SYK) Q2 Earnings Beat Estimates, Volume Improves
August 4, 2023 | finance.yahoo.com
Tandem Diabetes (TNDM) Reports Narrower Q2 Loss, Trims '23 View
August 4, 2023 | finance.yahoo.com
ResMed's (RMD) Q4 Earnings Miss, Revenues Beat Estimates
August 4, 2023 | finance.yahoo.com
Globus Medical (GMED) Q2 Earnings Beat Estimates, Margins Dip
August 3, 2023 | benzinga.com
Duo Health Welcomes Raul Smith as Chief Financial Officer to Executive Leadership Team
August 3, 2023 | finance.yahoo.com
Cigna (CI) Q2 Earnings Beat on Strong U.S. Commercial Unit
August 2, 2023 | finance.yahoo.com
Elevance Health (NYSE:ELV) Seems To Use Debt Rather Sparingly
August 2, 2023 | finance.yahoo.com
Penumbra (PEN) Q2 Earnings Top Estimates, Sales View Raised
July 31, 2023 | finance.yahoo.com
Amerigroup Health Plans to be renamed Wellpoint in January 2024
July 29, 2023 | finance.yahoo.com
Is Elevance Health, Inc.'s (NYSE:ELV) Recent Stock Performance Tethered To Its Strong Fundamentals?
July 28, 2023 | finance.yahoo.com
10 Recession-Proof Stocks Billionaires Are Loading Up On
July 28, 2023 | finance.yahoo.com
Centene (CNC) Q2 Earnings Beat Estimates on Membership Growth
July 28, 2023 | finance.yahoo.com
Integer Holdings (ITGR) Q2 Earnings Top Estimates, FY23 View Up
July 28, 2023 | finance.yahoo.com
Neogen (NEOG) Q4 Earnings Beat Estimates, Gross Margin Up
July 28, 2023 | finance.yahoo.com
DexCom (DXCM) Q2 Earnings Beat Estimates, Volumes Remain Strong
July 27, 2023 | finance.yahoo.com
Chemed (CHE) Q2 Earnings Miss Estimates, '23 EPS View Down
July 27, 2023 | finance.yahoo.com
Chart of the Day: This Portfolio Name Shows Breakout Potential
July 25, 2023 | markets.businessinsider.com
Morgan Stanley Maintains Overweight Rating for Elevance Health: Here's What You Need To Know
See More Headlines
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ELV Company Calendar

Ex-Dividend for 6/23 Dividend
6/08/2023
Dividend Payable
6/23/2023
Last Earnings
7/19/2023
Today
8/13/2023
Ex-Dividend for 9/22 Dividend
9/07/2023
Dividend Payable
9/22/2023
Next Earnings (Estimated)
10/18/2023
Fiscal Year End
12/31/2023
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 Forecast
$568.93
High Stock Price Forecast
$610.00
Low Stock Price Forecast
$535.00
Forecasted Upside/Downside
+20.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$26.70
Trailing P/E Ratio
17.76
Forward P/E Ratio
14.40
P/E Growth
1.19
Net Income
$6.03 billion
Net Margins
3.87%
Pretax Margin
5.07%
Return on Equity
20.24%
Return on Assets
7.08%

Debt

Debt-to-Equity Ratio
0.65
Current Ratio
1.44
Quick Ratio
1.44

Sales & Book Value

Annual Sales
$156.60 billion
Price / Sales
0.71
Cash Flow
$36.38 per share
Price / Cash Flow
13.03
Book Value
$162.58 per share
Price / Book
2.92

Miscellaneous

Outstanding Shares
235,650,000
Free Float
234,823,000
Market Cap
$111.71 billion
Optionable
Optionable
Beta
0.83

Social Links

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Key Executives

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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ELV Stock - Frequently Asked Questions

Should I buy or sell Elevance Health stock right now?

14 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 12 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 forecast for 2023?

14 Wall Street research analysts have issued 12-month price objectives for Elevance Health's stock. Their ELV share price forecasts range from $535.00 to $610.00. On average, they expect the company's stock price to reach $568.93 in the next twelve months. This suggests a possible upside of 20.0% 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 2023. Since then, ELV shares have decreased by 7.6% and is now trading at $474.06.
View the best growth stocks for 2023 here.

Are investors shorting Elevance Health?

Elevance Health saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,620,000 shares, a decline of 11.0% from the June 15th total of 1,820,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.7% of the shares of the stock are short sold.
View Elevance Health's Short Interest.

When is Elevance Health's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
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, July, 19th. The company reported $9.04 earnings per share for the quarter, beating the consensus estimate of $8.78 by $0.26. The company had revenue of $43.38 billion for the quarter, compared to the consensus estimate of $41.64 billion. Elevance Health had a net margin of 3.87% and a trailing twelve-month return on equity of 20.24%. The business's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $8.04 EPS.

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

Elevance Health declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 8th will be paid a dividend of $1.48 per share on Friday, September 22nd. This represents a $5.92 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Thursday, September 7th.
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).

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 1.25%. 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 22.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELV will have a dividend payout ratio of 15.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ELV.

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

Elevance Health updated its FY earnings guidance on Wednesday, July, 19th. The company provided earnings per share (EPS) guidance of $32.85- for the period, compared to the consensus EPS estimate of $32.78. The company issued revenue guidance of -.

What is Elevance Health's stock symbol?

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

Who are Elevance Health's major shareholders?

Elevance Health's stock is owned by many different retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (35.21%), BlackRock Inc. (8.65%), Capital International Investors (1.99%), Geode Capital Management LLC (1.84%), Baillie Gifford & Co. (1.33%) and Northern Trust Corp (1.00%). 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.

What is Elevance Health's stock price today?

One share of ELV stock can currently be purchased for approximately $474.06.

How much money does Elevance Health make?

Elevance Health (NYSE:ELV) has a market capitalization of $111.71 billion and generates $156.60 billion in revenue each year. The company earns $6.03 billion in net income (profit) each year or $26.70 on an earnings per share basis.

How many employees does Elevance Health have?

The company employs 102,300 workers across the globe.

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.
Read More
How can I contact Elevance Health?

Elevance Health's mailing address is 220 VIRGINIA AVENUE, INDIANAPOLIS IN, 46204. The official website for the company is www.antheminc.com. The company can be reached via phone at (800) 331-1476, via email at chris.rigg@anthem.com, or via fax at 317-488-6275.

This page (NYSE:ELV) was last updated on 8/14/2023 by MarketBeat.com Staff

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