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

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.

Key Stats

• Today's Range: $3.79 to $3.96
• 50-Day Range: $3.82 to $16.35
• 52-Week Range: $4.94 to $82.40
• Volume: 13,459 shs
• Average Volume: 72,717 shs
• Market Capitalization: $30.49 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BHG Stock Analysis - Frequently Asked Questions

How have BHG shares performed this year?

Bright Health Group's stock was trading at $7.63 at the start of the year. Since then, BHG stock has decreased by 49.9% and is now trading at $3.82.
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How were Bright Health Group's earnings last quarter?

Bright Health Group, Inc. (NYSE:BHG) announced its quarterly earnings results 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 the consensus estimate of $1.08 billion.

When did Bright Health Group's stock split?

Bright Health Group's stock 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 closing bell 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.

When did Bright Health Group IPO?

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 $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Morgan Stanley and Barclays acted as the underwriters for the IPO and BofA Securities, Citigroup, Piper Sandler, Nomura and RBC Capital Markets were co-managers.

How do I buy shares of Bright Health Group?

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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What other stocks do shareholders of Bright Health Group own?

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: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Hospital & medical service plans
• Sub-Industry: N/A
• Current Symbol: NYSE:BHG
• CUSIP: N/A
• CIK: 1671284
• Web: www.brighthealthcare.com
• Phone: 612-238-1321
• Fax: N/A
• Employees: 2,840
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($208.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,455,540,000.00
• Net Margins: -85.40%
• Pretax Margin: -48.54%
• Return on Equity: N/A
• Return on Assets: -10.26%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $2.76 billion
• Price / Sales: 0.01
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($25.47) per share
• Price / Book: -0.15

Miscellaneous

• Outstanding Shares: 7,982,000
• Free Float: 3,321,000
• Market Cap: $30.49 million
• Optionable: Not Optionable
• Beta: 0.93