ANTM continues witnessing a rise in the usage of its virtual care services, which is a vital driver. Diversification helps health insurance players add businesses with high margins and a rapid growth potential. Shares of this presently Zacks Rank #3 (Hold) player have gained 38.5% in a year's time, outperforming its industry 's growth of 33.2%.
Full Answer
What is the stock symbol for Anthem Corporation?
Anthem trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANTM.". Anthem announced a quarterly dividend on Wednesday, October 31st.
What are analysts'price targets for Anthem's stock?
16 analysts have issued twelve-month price objectives for Anthem's stock. Their predictions range from $255.02 to $371.00. On average, they anticipate Anthem's share price to reach $328.0014 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
Why is ANTM changing its name to anthem?
This name change is expected to reflect the leading health insurer’s expanding business. Management thinks that the rebranding step is essential for its future. It expects ANTM to serve communities through a holistic approach after this fresh alteration. Anthem owns Blue Cross Blue Shield plans in 14 states, names of which will not change.
How did anthem's net income rise 23% in Q3?
Anthem reported a 23% increase in third-quarter net income to $1.18 billion, or $4.55 a share, as revenue rose 15% to $26.44 billion after increasing medical enrollment by 1.1 million and increasing premiums. Adjusted for items, Anthem said it would've earned $4.87 a share.
Is anthem a good stock to buy?
Anthem, Inc. may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of ANTM, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
How high can Anthem stock go?
Based on 20 Wall Street analysts offering 12 month price targets for Anthem in the last 3 months. The average price target is $568.40 with a high forecast of $642.00 and a low forecast of $335.00. The average price target represents a 17.78% change from the last price of $482.58.
When did Anthem stock go public?
Oct. 30, 2001Anthem IPO surges on NYSE - Oct. 30, 2001.
Will Anthem stock go up?
Anthem Inc quote is equal to 484.270 USD at 2022-07-13. Based on our forecasts, a long-term increase is expected, the "ANTM" stock price prognosis for 2027-07-05 is 836.364 USD. With a 5-year investment, the revenue is expected to be around +72.71%. Your current $100 investment may be up to $172.71 in 2027.
Are Anthem and Blue Cross the same?
In California Anthem Blue Cross is the trade name of Blue Cross of California. Anthem Blue Cross and Anthem Blue Cross Life and Health Insurance Company are independent licensees of the Blue Cross Association.
Why is Anthem changing its name?
Boudreaux said said the name changes were a major step in Anthem's journey from a health benefits organization to a “lifetime trusted health partner.” A Q&A on the website said the no leadership or organizational changes will occur with the name change.
Who is Anthem merging with?
Anthem said on Thursday it intends to change its name to Elevance Health as the company looks to shift its focus beyond the health insurance business, reported Reuters.
When will Antm earnings call end?
ANTM earnings call for the period ending June 30, 2021.
How many articles has The Fool written on the anthem?
The Fool has written over 400 articles on Anthem.
How much dividend does the anthem pay?
Anthem pays an annual dividend of $4.52 per share and currently has a dividend yield of 1.18%. Anthem does not yet have a strong track record of dividend growth. The dividend payout ratio of Anthem is 20.11%. This payout ratio is at a healthy, sustainable level, below 75%.
What is the anthem?
Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States . It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products. The company also provides a range of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services. In addition, it offers an array of specialty and other insurance products and services, such as pharmacy benefits management, dental, vision, life and disability insurance benefits, radiology benefit management, and analytics-driven personal health care. Further, the company provides services to the federal government in connection with the Federal Employee Program; and operates as a licensee of the Blue Cross and Blue Shield Association. As of December 31, 2020, it served 43 million medical members through its affiliated health plans. The company was formerly known as WellPoint, Inc. and changed its name to Anthem, Inc. in December 2014. Anthem, Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.
What is the anthem symbol?
Anthem trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANTM."
What is the peg ratio of the national anthem?
Anthem has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.
Where is the national anthem located?
Anthem is headquartered at 220 VIRGINIA AVENUE, INDIANAPOLIS IN, 46204.
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