- Medical - Healthcare Plans
- Healthcare
-
5.81
EPS
-
10.21
P/E
-
74.5B
MARKET CAP
-
4.38%
DIV YIELD
Company Overview
ONE CVS DR.,WOONSOCKET RI 02895,4017651500
CEO
Ms. Karen Sue Lynch
Employess
219000
Sector
Healthcare
Industry
Medical - Healthcare Plans
Website
https://www.cvshealth.com
CVS Health Corporation provides health services in the United States. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Its Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The company's Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. As of December 31, 2021, it operated approximately 9,900 retail locations and 1,200 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
Next Earnings Date
Oct. 30, 2024
Ex Dividends date
Aug. 01, 2024
Dividend Date
July 22, 2024
YTD Performance
-26.63%
Fiscal Year End
12-31
IPO Date
1996-11-20
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 10.90% | 12.88% | 9.89% | 10.88% |
| EPS | 5.58% | 68.01% | 5.80% | 97.26% |
| Equity | 7.26% | 5.60% | 3.29% | 7.67% |
| Cash | 7.20% | 15.09% | 1.43% | -36.69% |
| Return On Capital (ROIC) | 7.38% | 6.81% | 7.21% | 6.76% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 4,710 | 3,460 | 5,850 | 7,080 | 5,380 |
| Long Term Debt | 74,700 | 67,300 | 70,100 | 78,000 | 83,600 |
| LT Finance Leases | 17,800 | 18,500 | 19,800 | 20,400 | 20,500 |
| Shares Outstanding | 1,280 | 1,310 | 1,320 | 1,310 | 1,300 |
| Market Cap | 101,000 | 122,000 | 136,000 | 89,400 | 96,700 |
Price
News
September 10, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against CVS
2 monthsNEW YORK, NY / ACCESSWIRE / August 4, 2024 / If you suffered a loss on your CVS Health Corporation (NYSE:CVS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cvs-health-corporation-lawsuit-submission-form?prid=93767&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
Levi & Korsinsky Reminds CVS Health Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 10, 2024 - CVS
2 monthsNEW YORK, NY / ACCESSWIRE / August 4, 2024 / If you suffered a loss on your CVS Health Corporation (NYSE:CVS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cvs-health-corporation-lawsuit-submission-form?prid=93762&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
Why pharmacy chains like Walgreens and CVS are shuttering locations
2 monthsIn its fiscal third-quarter report, Walgreens announced its plans to close a 'significant' amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027.
youtube.com
Why Walgreens And CVS Are Shutting Down Thousands Of Stores
2 monthsIn its fiscal third-quarter report, Walgreens announced its plans to close a ‘significant' amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027.
youtube.com
Why pharmacy chains like Walgreens and CVS are shuttering locations
2 monthsWalgreens is citing macro issues, like a worsening consumer environment and pressure on pharmacy margins, while grappling with its own set of issues.
cnbc.com
CVS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Reminds CVS Health Corporation Investors to Join the Class Action Lawsuit!
2 monthsNEW YORK, NY / ACCESSWIRE / August 4, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CVS Health Corporation ("CVS" or "the Company") (NYSE:CVS) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CVS securities between May 3, 2023, and April 30, 2024, inclusive (the "Class Period").
accesswire.com
Got $5,000? These 3 Cheap Dividend Stocks Pay More Than Double the S&P 500 Average.
2 monthsCVS Health has been struggling this year, but with a robust and diverse healthcare business, it makes for an attractive income stock. Verizon Communications stock has been falling as interest rates have been rising, but the business remains stable.
fool.com
Class Action Filed Against CVS Health Corporation (CVS) - September 10, 2024 Deadline to Join - Contact Levi & Korsinsky
2 monthsNEW YORK, NY / ACCESSWIRE / August 3, 2024 / If you suffered a loss on your CVS Health Corporation (NYSE:CVS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cvs-health-corporation-lawsuit-submission-form?prid=93710&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in CVS Health Corporation of Class Action Lawsuit and Upcoming Deadlines – CVS
2 monthsNEW YORK, Aug. 03, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against CVS Health Corporation (“CVS” or the “Company”) (NYSE: CVS) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-05303, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired CVS securities between May 3, 2023 and April 30, 2024, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
globenewswire.com
ROSEN, A LEADING LAW FIRM, Encourages CVS Health Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – CVS
2 monthsNEW YORK, Aug. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of CVS Health Corporation (NYSE: CVS) between May 3, 2023 and April 30, 2024, both dates inclusive (the “Class Period”), of the important September 10, 2024 lead plaintiff deadline.
globenewswire.com
CVS Investors Have Opportunity to Lead CVS Health Corporation Securities Fraud Lawsuit
2 monthsNEW YORK , Aug. 2, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of CVS Health Corporation (NYSE: CVS) between May 3, 2023 and April 30, 2024. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 10, 2024.
prnewswire.com
Shareholders that lost money on CVS Health Corporation (CVS) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
2 monthsNEW YORK, NY / ACCESSWIRE / August 2, 2024 / If you suffered a loss on your CVS Health Corporation (NYSE:CVS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cvs-health-corporation-lawsuit-submission-form?prid=93654&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com