Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:AET

Aetna (AET) Stock Price, News & Analysis

About Aetna Stock (NYSE:AET)

Key Stats

Today's Range
$211.79
$213.36
50-Day Range
$212.70
$212.70
52-Week Range
$166.88
$213.36
Volume
11.86 million shs
Average Volume
3.69 million shs
Market Capitalization
$69.64 billion
P/E Ratio
21.57
Dividend Yield
0.94%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers' compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages various retirement products comprising pension and annuity products primarily for tax-qualified pension plans. The company provides its products and services to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. was founded in 1853 and is based in Hartford, Connecticut.

Receive AET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Aetna and its competitors with MarketBeat's FREE daily newsletter.

AET Stock News Headlines

Veritext Receives Aetna Gold Workplace Well-Being Award
Kamala Harris and The Woke Progressive Nightmare
New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an “Election Meltdown” coming this November.
See More Headlines

AET Stock Analysis - Frequently Asked Questions

Aetna Inc. (NYSE:AET) posted its earnings results on Tuesday, October, 30th. The company reported $2.96 earnings per share for the quarter, beating analysts' consensus estimates of $2.83 by $0.13. Aetna's revenue for the quarter was up 3.3% compared to the same quarter last year.

Based on aggregate information from My MarketBeat watchlists, some other companies that Aetna investors own include Gilead Sciences (GILD), Netflix (NFLX), UnitedHealth Group (UNH), Boeing (BA), Walt Disney (DIS), Visa (V) and AbbVie (ABBV).

Company Calendar

Last Earnings
10/30/2018
Today
9/18/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & Medical Service Plans
Sub-Industry
Managed Health Care
CUSIP
00817Y10
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$1.90 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$60.54 billion
Cash Flow
$12.44 per share
Book Value
$56.70 per share

Miscellaneous

Free Float
N/A
Market Cap
$69.64 billion
Optionable
Optionable
Beta
0.71
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Should I Buy Aetna Stock? AET Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Aetna pros and cons to contact@marketbeat.com.

Aetna
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Aetna Inc.:

  • Aetna Inc. has shown consistent growth in its Health Care segment, offering a diverse range of medical and insurance products to a wide customer base.
  • Recent transition to Aetna as the State Health Plan’s new third-party administrator indicates expanding business opportunities and potential for increased revenue streams.
  • Aetna Inc.'s strong presence in the Managed Health Care subindustry positions it well to capitalize on the growing demand for health care services and insurance.
  • The company's focus on data analytics services and medical management enhances operational efficiency and cost-effectiveness, potentially leading to improved financial performance.
  • Investors may find Aetna Inc.'s current stock price attractive, providing a potentially favorable entry point for investment.

Aetna
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Aetna Inc. for these reasons:

  • Regulatory changes in the health care industry could impact Aetna Inc.'s operations and profitability, leading to uncertainties in future earnings.
  • Competition within the health care benefits sector is intense, which may put pressure on Aetna Inc.'s market share and pricing strategies.
  • Economic downturns or fluctuations in health care spending could affect Aetna Inc.'s financial performance and growth prospects.
  • Changes in government policies related to health care could introduce new challenges for Aetna Inc., potentially affecting its business model and profitability.
  • Investors should carefully monitor industry trends and regulatory developments to assess the long-term sustainability of Aetna Inc.'s growth trajectory.

This page (NYSE:AET) was last updated on 9/18/2024 by MarketBeat.com Staff
From Our Partners