NASDAQ:CLOV

Clover Health Investments (CLOV) Stock Price, News & Analysis

$0.70
+0.05 (+7.75%)
(As of 05/3/2024 ET)
Today's Range
$0.65
$0.70
50-Day Range
$0.62
$0.90
52-Week Range
$0.61
$1.63
Volume
3.57 million shs
Average Volume
5.28 million shs
Market Capitalization
$344.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.50

Clover Health Investments MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
115.8% Upside
$1.50 Price Target
Short Interest
Bearish
9.72% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Clover Health Investments in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$100,010 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.20) to ($0.16) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.83 out of 5 stars

Medical Sector

3673rd out of 5,424 stocks

Hospital & Medical Service Plans Industry

46th out of 63 stocks

CLOV stock logo

About Clover Health Investments Stock (NASDAQ:CLOV)

Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat. Clover Health Investments, Corp. was incorporated in 2014 and is based in Franklin, Tennessee.

CLOV Stock Price History

CLOV Stock News Headlines

Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Clover Health Names Peter Kuipers as New CFO
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
CLOV Mar 2024 2.000 call
CLOV Mar 2024 2.000 put
27 show home tricks and how to spot them
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/04/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & medical service plans
Sub-Industry
N/A
Current Symbol
NASDAQ:CLOV
Fax
N/A
Employees
552
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.50
High Stock Price Target
$1.50
Low Stock Price Target
$1.50
Potential Upside/Downside
+115.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-213,360,000.00
Pretax Margin
-10.49%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Book Value
$0.59 per share

Miscellaneous

Free Float
387,219,000
Market Cap
$344.23 million
Optionable
Optionable
Beta
1.88
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Key Executives

  • Mr. Vivek GaripalliMr. Vivek Garipalli (Age 45)
    Co-Founder & Executive Chairman
  • Mr. Andrew Toy (Age 45)
    Co-Founder, CEO & Director
    Comp: $1.01M
  • Mr. Brady Priest J.D. (Age 47)
    Chief Executive Officer of Home Care
    Comp: $587.36k
  • Mr. Terrence Ronan (Age 64)
    Interim CFO, Principal Financial Officer & Principal Accounting Officer
  • Mr. Conrad Wai (Age 43)
    Chief Technology Officer
  • Mr. Derrick L. Nueman
    Head of Investor Relations & Corporate strategy
  • Ms. Wendy Richey
    Chief Compliance Officer
  • Ms. Karen Soares
    General Counsel, Senior VP & Corporate Secretary
  • Ms. Rachel Fish
    Chief People Officer
  • Ms. Jamie L. Reynoso (Age 54)
    Chief Executive Officer of Medicare Advantage
    Comp: $461.74k

CLOV Stock Analysis - Frequently Asked Questions

Should I buy or sell Clover Health Investments stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clover Health Investments in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CLOV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLOV, but not buy additional shares or sell existing shares.
View CLOV analyst ratings
or view top-rated stocks.

What is Clover Health Investments' stock price target for 2024?

1 brokers have issued 12 month target prices for Clover Health Investments' stock. Their CLOV share price targets range from $1.50 to $1.50. On average, they anticipate the company's stock price to reach $1.50 in the next year. This suggests a possible upside of 115.8% from the stock's current price.
View analysts price targets for CLOV
or view top-rated stocks among Wall Street analysts.

How have CLOV shares performed in 2024?

Clover Health Investments' stock was trading at $0.9521 at the beginning of the year. Since then, CLOV stock has decreased by 27.0% and is now trading at $0.6950.
View the best growth stocks for 2024 here
.

Are investors shorting Clover Health Investments?

Clover Health Investments saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 48,160,000 shares, an increase of 9.5% from the March 31st total of 43,980,000 shares. Based on an average daily trading volume, of 9,190,000 shares, the days-to-cover ratio is presently 5.2 days.
View Clover Health Investments' Short Interest
.

When is Clover Health Investments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our CLOV earnings forecast
.

How can I listen to Clover Health Investments' earnings call?

Clover Health Investments will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Clover Health Investments' earnings last quarter?

Clover Health Investments, Corp. (NASDAQ:CLOV) posted its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.12) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.06. The firm had revenue of $510.25 million for the quarter, compared to the consensus estimate of $491.20 million. Clover Health Investments had a negative net margin of 10.49% and a negative trailing twelve-month return on equity of 62.58%.

Who are Clover Health Investments' major shareholders?

Clover Health Investments' stock is owned by many different retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%), SignalPoint Asset Management LLC (0.03%), Allspring Global Investments Holdings LLC (0.02%), Allspring Global Investments Holdings LLC (0.02%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Anna U Loengard, Chamath Palihapitiya, Chelsea Clinton and Lee Shapiro.
View institutional ownership trends
.

How do I buy shares of Clover Health Investments?

Shares of CLOV 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.
Compare Top Brokerages Here.

This page (NASDAQ:CLOV) was last updated on 5/4/2024 by MarketBeat.com Staff

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