Elevance Health ELV
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Elevance Health (ELV) Business Model and Operations Summary
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of December 2024. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
Key Insights
Elevance Health (ELV) Core Market Data and Business Metrics
Latest Closing Price
$432.68Market Cap
$98.38 BillionPrice-Earnings Ratio
16.85Total Outstanding Shares
227.35 Million SharesTotal Employees
104,200Dividend
$1.71 Per Share QuarterlyIPO Date
October 30, 2001SIC Description
Hospital & Medical Service PlansPrimary Exchange
New York Stock ExchangeHeadquarters
220 Virginia Avenue, Indianapolis, IN, 46204
Historical Stock Splits
If you bought 1 share of ELV before June 1, 2005, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| June 1, 2005 | 2-for-1 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $5.81 Billion |
| Net Cash Flow From Financing Activities, Continuing | $1.19 Billion |
| Net Cash Flow From Investing Activities | $-5.17 Billion |
| Net Cash Flow From Financing Activities | $1.19 Billion |
| Net Cash Flow | $1.83 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-5.17 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Equity Method Investments | $1 Million |
| Cost Of Revenue | $19.75 Billion |
| Gross Profit | $157.26 Billion |
| Selling, General, and Administrative Expenses | $20.02 Billion |
| Operating Income/Loss | $7.86 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $5.98 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-6 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $160 Million |
| Comprehensive Income/Loss | $6.15 Billion |
| Comprehensive Income/Loss Attributable To Parent | $6.15 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Non-current Liabilities | $4.01 Billion |
| Long-term Debt | $30.87 Billion |
| Intangible Assets | $12.09 Billion |
| Fixed Assets | $4.65 Billion |
| Noncurrent Liabilities | $34.88 Billion |
| Noncurrent Assets | $57.95 Billion |
Historical Dividends
Current dividend: $1.71 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 22, 2025 | Mar 25, 2025 | Mar 10, 2025 | $1.71 | Quarterly |
| Oct 15, 2024 | Dec 20, 2024 | Dec 5, 2024 | $1.63 | Quarterly |
| Jul 16, 2024 | Sep 25, 2024 | Sep 10, 2024 | $1.63 | Quarterly |
| Apr 16, 2024 | Jun 25, 2024 | Jun 10, 2024 | $1.63 | Quarterly |
| Jan 23, 2024 | Mar 22, 2024 | Mar 8, 2024 | $1.63 | Quarterly |
| Oct 17, 2023 | Dec 21, 2023 | Dec 6, 2023 | $1.48 | Quarterly |