![]() It is trading at 10.14 times its forward earnings, 49.1% lower than the industry average of 19.94.ĬVS’ POWR Ratings reflect solid prospects. The stock has dipped 8.1% over the past month to close the last trading session at $87.60. The company has also surpassed the consensus EPS estimates in each of the trailing four quarters. ![]() Revenue and EPS are expected to increase by a further 3.5% and 2.6% during the current fiscal to come in at $325.68 billion and $8.86, respectively. During the same period, the adjusted income attributable to CVS increased 5.3% and 6.1% year-over-year to $2.76 billion or $2.09 per share, respectively.Īnalysts expect CVS’ revenue and EPS for the fiscal year ended December 31, 2022, to increase 7.7% and 2.8% year-over-year to $314.68 billion and $8.64, respectively. Lynch, “Signify Health will play a critical role in advancing our health care services strategy and gives us a platform to accelerate our growth in value-based care.”įor the fiscal 2022 third quarter ended September 30, 2022, CVS’ total revenue increased 10% year-over-year to $81.16 billion, while its adjusted operating income grew 3.9% from the prior-year quarter to $4.23 billion. According to CVS President and CEO Karen S. On September 5, CVS announced its entry into a definitive agreement to acquire Signify Health ( SGFY ) for approximately $8 billion. Its dividends have grown at a 2.4% CAGR over the past five years. The current dividend payout ratio is 24.57%. This translates to a 2.76% yield at its current price, at par with the 4-year average dividend yield. ![]() The company pays $2.42 annually as dividends. On December 15, 2022, CVS declared its quarterly dividend of $0.61, payable on February 1, 2023. Its offerings include health & wellness services, health plans, pharmacy services, and prescription drug coverage. The company operates through four segments: Health Care Benefits Pharmacy Services Retail/LTC and Corporate/Other. CVS operates as a health solutions company.
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