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NYSE:BHG

Bright Health Group (BHG) Stock Price, News & Analysis

Bright Health Group logo
$4.94 -0.09 (-1.79%)
(As of 11/19/2024 ET)

About Bright Health Group Stock (NYSE:BHG)

Key Stats

Today's Range
$4.76
$5.25
50-Day Range
$4.94
$16.35
52-Week Range
$4.94
$82.40
Volume
18,818 shs
Average Volume
72,717 shs
Market Capitalization
$39.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers medicare health plan products to consumers. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.

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BHG Stock Analysis - Frequently Asked Questions

Bright Health Group's stock was trading at $7.63 on January 1st, 2024. Since then, BHG shares have decreased by 35.3% and is now trading at $4.94.
View the best growth stocks for 2024 here
.

Bright Health Group, Inc. (NYSE:BHG) announced its quarterly earnings data on Wednesday, November, 10th. The company reported ($38.40) EPS for the quarter, missing analysts' consensus estimates of ($13.60) by $24.80. The business had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.08 billion.

Shares of Bright Health Group reverse split on the morning of Friday, May 19th 2023. The 1-80 reverse split was announced on Friday, May 19th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Bright Health Group (BHG) raised $1.3 billion in an initial public offering (IPO) on Thursday, June 24th 2021. The company issued 60,000,000 shares at a price of $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Morgan Stanley and Barclays served as the underwriters for the IPO and BofA Securities, Citigroup, Piper Sandler, Nomura and RBC Capital Markets were co-managers.

Shares of BHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Bright Health Group investors own include Meta Platforms (META), NVIDIA (NVDA), SoFi Technologies (SOFI), UnitedHealth Group (UNH), Athenex (ATNX), Baidu (BIDU) and ChargePoint (CHPT).

Company Calendar

Last Earnings
11/10/2021
Today
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & medical service plans
Sub-Industry
N/A
Fax
N/A
Employees
2,840
Year Founded
N/A

Profitability

Net Income
$-1,455,540,000.00
Pretax Margin
-48.54%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Book Value
($25.47) per share

Miscellaneous

Free Float
3,321,000
Market Cap
$39.43 million
Optionable
Not Optionable
Beta
0.93
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This page (NYSE:BHG) was last updated on 11/21/2024 by MarketBeat.com Staff
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