UnitedHealth Group (UNH) to Announce Quarterly Earnings on Thursday

UnitedHealth Group (NYSE:UNH - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, April 17th. Analysts expect UnitedHealth Group to post earnings of $7.24 per share and revenue of $111.56 billion for the quarter. UnitedHealth Group has set its FY25 guidance at $29.50-30.00 EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.74 by $0.07. The company had revenue of $100.81 billion for the quarter, compared to the consensus estimate of $101.60 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm's revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $5.83 EPS. On average, analysts expect UnitedHealth Group to post $30 EPS for the current fiscal year and $33 EPS for the next fiscal year.

UnitedHealth Group Trading Up 0.8 %

Shares of NYSE:UNH traded up $4.70 during mid-day trading on Friday, hitting $599.10. The company had a trading volume of 6,117,814 shares, compared to its average volume of 4,344,668. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The company has a market capitalization of $548.00 billion, a PE ratio of 38.65, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. The firm has a fifty day moving average price of $512.87 and a 200 day moving average price of $541.80. UnitedHealth Group has a one year low of $438.50 and a one year high of $630.73.

UnitedHealth Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were paid a dividend of $2.10 per share. This represents a $8.40 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date was Monday, March 10th. UnitedHealth Group's dividend payout ratio (DPR) is currently 54.19%.

Analysts Set New Price Targets

UNH has been the topic of a number of recent analyst reports. Piper Sandler dropped their price target on shares of UnitedHealth Group from $605.00 to $600.00 and set an "overweight" rating on the stock in a research report on Thursday, January 2nd. KeyCorp reissued an "overweight" rating and issued a $650.00 target price on shares of UnitedHealth Group in a research note on Friday, January 17th. Truist Financial increased their target price on shares of UnitedHealth Group from $610.00 to $660.00 and gave the company a "buy" rating in a report on Friday. StockNews.com upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, HSBC raised UnitedHealth Group from a "hold" rating to a "buy" rating and set a $595.00 price target for the company in a research report on Friday, January 10th. Twenty-one equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $632.85.

Insider Buying and Selling at UnitedHealth Group

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the stock in a transaction on Friday, January 17th. The stock was bought at an average price of $511.57 per share, with a total value of $511,570.00. Following the transaction, the director now owns 4,500 shares in the company, valued at $2,302,065. The trade was a 28.57 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is owned by insiders.

Institutional Trading of UnitedHealth Group

A hedge fund recently raised its stake in UnitedHealth Group stock. Revolve Wealth Partners LLC lifted its holdings in UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 137.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,019 shares of the healthcare conglomerate's stock after purchasing an additional 2,324 shares during the period. Revolve Wealth Partners LLC's holdings in UnitedHealth Group were worth $2,033,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 87.86% of the company's stock.

About UnitedHealth Group

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.