Previous close | 453.45 |
Open | 449.10 |
Bid | 450.60 x 20000 |
Ask | 451.50 x 10000 |
Day's range | 449.10 - 450.20 |
52-week range | 399.00 - 518.00 |
Volume | |
Avg. volume | 240 |
Market cap | 415.055B |
Beta (5Y monthly) | 0.56 |
PE ratio (TTM) | 29.20 |
EPS (TTM) | 15.42 |
Earnings date | 12 Jul 2024 - 16 Jul 2024 |
Forward dividend & yield | 6.92 (1.53%) |
Ex-dividend date | 08 Mar 2024 |
1y target est | N/A |
Elevance Health beat Wall Street estimates for first-quarter profit on Thursday, as higher premiums in its commercial insurance business helped keep medical costs for the insurer in check. On an adjusted basis, the company made a profit of $10.64 per share, above analysts' estimates of $10.53 per share, according to LSEG data. Health insurers have struggled in recent quarters with high medical costs, and a cyberattack at industry bellwether UnitedHealth's technology unit Change Healthcare has raised uncertainty around insurance claims processing.
The Dow Jones Industrial Average turned higher on Wednesday, but for the second day in a row UnitedHealth Group's gains were the difference. The Dow was up 40 points, or 0.1%, in recent trading. UnitedHealth shares were up about 3%, adding 89.4 points to the Dow, according to Dow Jones Market Data.
UnitedHealth Group (UNH) breezed past the Zacks Consensus Estimate on both earnings and revenues.