HUM: Humana Inc Stock Price, Quote and News

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Humana posts stronger-than-expected Q1 earnings and raises guidance

In other news, two key insiders at Humana have recently sold shares in the business, raising questions about its future prospects among investors and industry analysts alike. Joseph C. Ventura and Bruce D. Broussard both made substantial sales in February, with Ventura selling 2,048 shares at an average price of $507.97 for a total value of just over $1 million and CEO Broussard selling 17,575 shares for almost $9 million. The company said to expect between $106.5 million and $107.5 million in revenue and between $39 million and $40 million in adjusted EBITDA for the first fiscal quarter. Both of those estimates were below consensus expectations, with analysts polled by FactSet anticipating revenue at $11.8 million and adjusted EBITDA at $45.4 million.

None of this means there is no significance to the current divergence between the Dow transports and the Dow industrials. The correct conclusion is that neither Dow average, by itself, is a good leading indicator of the overall market. I found that neither Dow average was a consistently good leading indicator. In some decades, one or other of the Dow averages was positively correlated with the S&P 500’s subsequent return, and in other decades one or both were inversely correlated. The net result was that no correlation over the entire period met traditional standards of statistical significance.

According to analysts, Humana’s stock has a predicted upside of 18.07% based on their 12-month price targets. As the healthcare industry continues to grow due to increased demand for healthcare services, now may be the perfect time to invest in fundamentally sound stocks Humana (HUM), Centene Corp (CNC), and Molina… For the full fiscal year, the company said to expect between $500 million and $506 million in revenue, a range that contains the Wall Street estimate of $501.8 million. The company expects adjusted EBITDA for the year to come in between $216 million and $222 million, while analysts anticipate $215.7 million. We are a financial media dedicated to providing stock recommendations, news, and real-time stock prices.

Humana Inc. has recently released its quarterly earnings report, announcing that it had beaten the consensus estimate of $9.25 with $9.38 earnings per share (EPS) for the quarter. The insurance provider had revenue of $26.74 billion during this period, which was up 11.6% compared to the same time last year, and delivered a return on equity of 21.04% with a net margin of 3.26%. These impressive figures were reflected in the company’s shares, which rose from $410.87 to a high of $571.30 over the past 52 weeks. Humana Inc. engages in the provision of health insurance services. It operates through the Insurance and CenterWell segments. The CenterWell segment represents payor-agnostic healthcare services offerings, including pharmacy dispensing services, provider services, and home services.

The WSJ Dollar Index gained 0.2%, on pace to finish higher for the sixth session in the last eight trading days. Tech stock Keysight advanced more than 7% after the bell on the back of a strong quarterly earnings report and guidance for the current quarter. The new data was in an investor update filed with the Securities and Exchange Commission on Tuesday. Shares of Western Alliance jumped about 7% in extended trading after the bank said that its deposit growth for the current quarter surpassed $2 billion as of May 12. The pan-European Stoxx 600 index was down 0.2% at the start of the session, with most sectors and major bourses trading in negative territory.

NewsHumana Inc.HUM

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Humana has been rated by Cantor Fitzgerald, Deutsche Bank Aktiengesellschaft, Morgan Stanley, SVB Securities, and Truist Financial in the past 90 days. When you see Humana stock appear in the results, tap it to open up the purchase screen. There are multiple ways to fund your Public account—from linking a bank account to making a deposit with a debit card or wire transfer. You can sign up for an account directly on our website or by downloading the Public app for iOS or Android. Insiders who bought kr38m worth of Humana AB (publ) ( ) stock in the last year recovered part of their losses as the stock rose by 10% last week.

The Company offers coordinated health insurance coverage and related services through a variety of traditional and consumer-choice plans for government-sponsored programs, employer groups, and individuals. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Their rationale is that the transportation sector is a good leading indicator of the stock market. And this rationale does seem plausible, since transportation stocks, especially those of freight transportation companies, should be among the first to weaken when the economy begins to lose steam — earlier even than industrial stocks.

This Is What Whales Are Betting On Humana

The two-year Treasury yield bucked the trend, rising to 4.080%, from 4.072%. The Dow ended the trading session below a key threshold on Tuesday. Singapore’s total trade fell to SG$100.3 billion in April, a 18.8% year-on-year drop and extending the 8.6% decrease in March. The White House said Tuesday that Biden has directed staff to meet daily on outstanding issues.

Stock futures are ticking higher, suggesting major indexes could recover slightly after falling Tuesday on worries about a potential debt-ceiling default. Meanwhile, regional bank shares are jumping, on track to extend a recent stretch of high volatility. Western Alliance shares have been on a recent upswing, up 17% over the past week – and posting a gain of 15% since this week has begun. The stock is still down nearly 47% for the year, however. “While McCarthy said a deal is possible by end of this week, the timeline may be by the end of next week ahead of the Memorial Day,” JPMorgan traders wrote. “With that in mind, Equities may trade in a tight range until an outcome is observed with the biggest downside risk coming if we enter Memorial Day weekend without a solution, given the early June x-date.”

The Dow led the major indexes down with a 1% drop, followed by the S&P 500 and Nasdaq Composite with respective losses of about 0.6% and 0.2%. Tuesday’s “meeting between President Biden and House Speaker McCarthy went as well as could have reasonably been hoped for,” wrote Citi chief U.S. economist Andrew Hollenhorst, in a note. “We continue to expect a long-term debt ceiling deal.” Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.

However, Morgan Stanley boosted its target price on Humana from $620.00 to $637.00 in April and gave them an “overweight” rating, with Deutsche Bank Aktiengesellschaft also increasing its target from $562.00 to $568.00 that same month. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. You can find your newly purchased Humana stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Although the revenue and EPS for Humana (HUM) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates… From a big-time patent settlement between Merck & Co. and Bristol-Myers Squibb, to Johnson & Johnson’s earnings, to Aetna and Humana’s $37 billion merger bust, we dive into the details behind last week’s biggest healthcare stories.

• “With that in mind, Equities may trade in a tight range until an outcome is observed with the biggest downside risk coming if we enter Memorial Day weekend without a solution, given the early June x-date.”
• Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
• Singapore’s total trade fell to SG$100.3 billion in April, a 18.8% year-on-year drop and extending the 8.6% decrease in March.
• Stephens reduced their target from $625.00 to $590.00 and issued an “overweight” rating for Humana in February, while Cowen lowered their target from $647.00 to $581.00 and maintained an “outperform” rating on the stock that same month.
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• Target traded more than 2% lower in the premarket after the retailer reported total revenue of $25.32 billion for the first quarter, which represented year-over-year growth of just 1%.

HUM earnings call for the period ending June 30, 2021. HUM earnings call for the period ending September 30, 2021. One of these stocks hiked its dividend by as much as 50% in 2022. His Hulbert Ratings service tracks investment newsletters that pay a flat fee to be audited. Some elaborate market timing systems key off divergences between these two averages.

For the current quarter, the company said to expected between $2 and $2.06 in earnings per share for the current quarter, while analysts forecasted $1.96. Keysight guided revenue for the quarter to come in between $1.37 billion and $1.39 billion, a range that contains Wall Street’s consensus estimate of $1.38 billion. Stocks and ETFs.Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC.

Home prices in China fell, with prices 0.2% lower year-on-year, compared to a 0.8% decline seen in the previous month, according to Reuters’ calculations. In addition to tracking any updates on debt ceiling negotiations, investors will watch for data on housing starts and building permits on Wednesday. Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security. Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons. Analysts like Humana more than other Medical companies.

The average brokerage recommendation (ABR) for Humana (HUM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric… Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. An earnings beat and an encouraging piece of guidance didn’t make the share price pop. An investment in this health insurer has crushed the broader market over the past 10 years.

• Tenet Healthcare’s (THC) first-quarter 2023 results gain on increased patient volumes.
• The accompanying chart illustrates this market history.
• Tech stock Keysight advanced more than 7% after the bell on the back of a strong quarterly earnings report and guidance for the current quarter.

Please see Open to the Public Investing’s Fee Schedule to learn more. That overshadowed results from the fourth fiscal quarter. The company reported 20 cents in earnings per share excluding items, above the 17 cents expected by analysts. Revenue also beat expectations at $111 million compared with a $110.1 million forecast. Adjusted EBITDA came in at $48.9 million, ahead of the $45.7 consensus estimate.

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