Elevance Health Inc. (ELV) is currently priced at $362.6, marking a $6.26 increase (1.76%) from the previous close of $356.34. With a trading volume of $225,050, which is 11.62% above the average, the asset shows positive momentum today.
ELV's latest quarterly earnings report, released on Tuesday, April 21st, revealed a consensus estimate EPS of 10.83. The company continues to demonstrate stability in its earnings performance.
ELV offers investors a forward dividend yield of 1.9% and a dividend per share MRQ of $1.72. The company's dividend per share year-over-year has increased by 4.908 cents, showcasing a commitment to rewarding shareholders.
Guggenheim issued a new "Buy" grade for ELV on April 24, maintaining the previous rating. Investors are advised to hold the asset based on this recent analysis.
ELV's cash flow highlights a positive trend, with a net change in cash of $166 million. The company's operating cash flow stands at $4.33 billion, underpinned by sound financial management practices.
In the latest financial period, ELV reported a net income of $1.76 billion, with an EPS of $8. The company's revenue amounted to $50.18 billion, showcasing robust financial performance.
Key financial metrics indicate ELV's healthy financial position, with notable ratios including a net profit margin of 3.52%, return on assets of 1.4, and a price-to-earnings ratio of 9.15, reflecting favorable investor sentiment.
ELV's balance sheet reveals total assets of $125.83 billion and total liabilities of $81.78 billion, showcasing a strong financial foundation and prudent management of resources.
Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million 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 headquartered in Indianapolis, Indiana.