Momentum Is Strong For Humana Inc. (NYSE: HUM)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed CenterWell Pharmacy furthers digital strategy with launch of new mobile app.

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Stocks Info

As a NYSE listed company, HUM falls under the Healthcare sector while operating within the Healthcare Plans industry segment. At the end of the last regular session, the stock closed at $368.08 and fluctuated between $369.34 as its day high and $362.87 as its day low. The current market capitalization of Humana Inc. is $44.41B. A total of 1.23 million shares were traded on the day, compared to an average of 2.08M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, HUM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 21 SELLs from insiders. Insiders purchased 58,921 shares during that period but sold 58,569.

In the most recent transaction, Mesquita Jorge S. bought 545 shares of HUM for 367.09 per share on Feb 20. After the transaction, the Director now owns 2,578 company shares. In a previous transaction on May 04, Diamond Susan M sold 4,156 shares at 526.28 per share. HUM shares that Chief Financial Officer owns now total 3,931.

Among the insiders who sold shares, BROUSSARD BRUCE D disposed of 17,575 shares on Feb 27 at a per-share price of $505.85. This resulted in the President & CEO holding 70,040 shares of HUM after the transaction. In another insider transaction, Huval Timothy S. sold 2,628 shares at $510.30 per share on Feb 27. Company shares held by the Chief Administrative Officer now total 4,968.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Humana Inc. pays an annual dividend of $3.54, resulting in a dividend yield of 0.96%, and it has a price to earnings (P/E) ratio of 18.57. HUM’s most recent ex-dividend date was 3/27/2024 when it declared a $0.8850 quarterly dividend that was paid in cash on 4/26/2024. Previously, the company paid the dividend on 1/26/2024 with an ex-dividend date of 12/28/2023. The HUM stock dividend was $0.8850 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for HUM in the last 3 months, the mean price target is $421.47 with high estimates of $550.00 and low estimates of $359.00. In terms of 52-week highs and lows, HUM has a high of $541.21 and a low of $342.69.

As of this writing, HUM has an earnings estimate of $6.18 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $8.11 per share and a lower estimate of $5.82. The company reported an EPS of $7.78 in the last quarter, which was 8.70% higher than expectations of $7.16.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. HUM’s latest balance sheet shows that the firm has $16.59B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $133.05, while its Total Shareholder’s Equity was $16.10B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HUM is Buy with a score of 4.28.

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