NYSE: ELV
Elevance Health Inc.
Healthcare · Medical - Healthcare Plans
Pre-market: $390.10(-0.3%) · as of 7:32 AM ET
Market Cap
$84.97B
52w High
$426.98
52w Low
$273.71
P/E
16.45
Volume
868.22K
Outstanding Shares
217.16M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 4.29% over the last year. Revenue grew 9.44% over the trailing twelve months. Operating margin moved from 4.82% to 3.81%. Free cash flow grew 75.56% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 3.81%. A decisive move in revenue — currently up 9.44% — would be the clearest signal to resolve the ambiguity.
Company profile
Operating as a major health benefits organization, Elevance Health Inc. commits to guiding consumers, families, and communities across their entire health and wellness path.
Valuation
Stock splits
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
27
Buy
10
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 16, 2026
Q3 FY26 · EPS est $6.17 · Revenue est $48.8B
View
Dividends
$6.86/shareQuarterlyDividend Achiever · 14yrSafeELV pays a dividend with a 1.75% dividend yield, 14 consecutive years of growth, growing at 10.52% annually, covered 2.1× by free cash flow.
Dividend Yield
1.75%
Annual Div / Share
$6.86
5yr CAGR
+10.52%
Doubles every ~6.9yr
Payout Ratio
28.97%
Safe
Dividend Growth Rate
3yr CAGR
+7.51%
5yr CAGR
+10.52%
10yr CAGR
+10.4%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$2/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$18/yr $1/mo | $29/yr+65% $2/mo | $48/yr+172% $4/mo |
Yield-on-cost grows from 1.75% → 4.77% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
ELV has raised its dividend for 14 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 10.52% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.