Elevance Health (ELV)
Health Care · Managed Health Care · NYSE
Elevance Health is a leading health benefits and services organization providing comprehensive medical, pharmacy, and integrated clinical care solutions to millions of members.
What Elevance Health does
Elevance Health is a health company that provides a broad range of health benefit plans and services, including managed care and insurance solutions. The company operates through segments focused on government business, commercial and specialty business, and health services. Its offerings span medical, pharmacy, dental, vision, and behavioral health insurance, alongside pharmacy benefit management and integrated clinical care.
Themes: Managed care, Pharmacy benefit management, Medicare Advantage / Medicaid programs, Value-based care, Employer health benefits, Digital health services
Fundamentals
- Price$400.94 as of 2026-10-08 close
- Market cap$87.0B as of 2026-07-10 (share count; price 2026-10-08)
- 1-year return+10.7% 2025-10-08 close $362.34 → 2026-10-08 close $400.94
- P/E17.82 as of 2026-10-08
- Net margin+2.8% FY2025, SEC XBRL
- ROE+12.9% FY2025, SEC XBRL
- Debt / equity0.69 as of 2026-09-03
- Revenue growth (YoY)+6.3% as of 2026-09-03
- Revenue CAGR (3y)+8.3% SEC XBRL
- Beta0.22 as of 2026-09-03
- Last reported earnings2026-07-15 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.7%; 13-year non-decreasing per-share dividend streak (SEC XBRL).
How ELV compares in its sector
- price-to-earnings ratiobottom 25% 185 covered Health Care peers, as of 2026-10-08
- net profit marginmiddle range 430 covered Health Care peers, as of 2026-09-03
- operating marginmiddle range 417 covered Health Care peers, as of 2026-09-03
- return on equitytop 25% 510 covered Health Care peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 402 covered Health Care peers
- indicated dividend yieldmiddle range 72 covered Health Care peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)top 10% 494 covered Health Care peers, as of FY2025
Position among covered Health Care companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
ELV is not currently in any published Top 10 list. Its scores are below.
Top 10 score
56.4 #385 of 1,379 scored · #47 of 151 in Health Care
Capital return 83rd (consecutive years of dividend increases 13 years, net share count bought back over the year 3.6) and valuation 77th (price to earnings 17.8, price to book 1.9); weakest is financial health (32nd, free cash flow margin 1.6%, debt to equity 0.7).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ELV's dividend was covered by reported results (earnings payout 27%, free-cash-flow payout 48%). This describes past coverage, not a forecast.
- Earnings payout27% dividends / net income
- Free-cash-flow payout48% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Elevance Health looks technically
Elevance Health (ELV) is trading 9.7% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 94 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 6 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 9.7% above its 200-day average, the long-term trend line — a longer-term uptrend | +9.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $398.86 | $398.86 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $365.60 | $365.60 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 375.74. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 94 trading days ago — a "golden cross", a bullish long-term signal | 94 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 14.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30) | 51.3 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($375.74 to $412.75) — its "stochastic" reading is 68 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 68.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $436.24 | $436.24 |
|---|---|---|
| From the 52-week high | it is 8.1% below its 52-week high (its highest price of the past year) | -8.1% |
| Above the 52-week low | it is 45.9% above its 52-week low (its lowest price of the past year) | +45.9% |
| Below the 52-week high | it is 8.1% below its highest point of the past year | 8.1% |
| Since a 20-day breakout | it made a new 20-day low about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it is trading within its recent 55-day range, with no fresh breakout up or down | 0 sessions |
| All-time high | its highest closing price on record is $567.26 (set on 2024-09-03) | $567.26 |
| Given back of the 52-week move | over the past year its closes ranged ($280.74 to $426.79), and it has given back roughly a quarter of its rise from last year’s low — 18% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $331.86 to $336.53. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 17.7% |
| From the all-time high | it is 29.3% below its all-time high | -29.3% |
| Nearest price level | it is sitting right on a resistance level at $401.46 — a price it turned at five times since 2024-10-17, most recently on 2026-08-13. Since 2024-10-08 it has 10 such levels below the current price and 4 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.1% |
| All-time low | its lowest closing price on record is $20.17 (set on 2001-10-30) | $20.17 |
| Above the all-time low | it is 1887.3% above its all-time low | +1,887% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 50th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $9.80 between its high and its low — about 2.5% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $9.80 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $379.96 and $424.74 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $379.96 – $402.35 – $424.74 |
| Typical daily range (% of price) | its price moves about 2.5% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.5% |
| Stretch from the 200-day average | it is trading 3.6 daily ranges above its 200-day average price (9.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.69× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 0.0% since the prior reading | +0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has improved toward "buy" since the prior reading | 0.05 toward buy |
Candlestick patterns
1
| Since a bearish engulfing | 9 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 9 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-10-08 0.1% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.1% |
|---|---|---|
| Gap filled | a 2.6% gap up opened on 2026-09-10 has been "filled" 11 sessions ago — price traded back through the level the gap left behind, and it took 9 sessions to close | 11 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 1.3 percentage points (the stock lost 0.2% while the market gained 1.0%) | -1.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 7.5 percentage points (the stock lost 3.6% while the market gained 3.8%) | -7.5% |
| vs market, 6 months | over the past 6 months this stock beat the market by 15.0 percentage points (the stock gained 32.5% while the market gained 17.5%) | +15.0% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 4.3 percentage points (the stock gained 10.7% while the market gained 15.0%) | -4.3% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bearish state — these describe past price behaviour, not a forecast | 0 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.3% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 1.5% of the share price, which is taken to mean a barrier that gives way easily. | +0.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 11% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $360.23 — a volume-weighted average of daily closes over 189 sessions, not a true tick-by-tick VWAP. | +11.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-07-15 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $395.02 — a volume-weighted average of daily closes over 61 sessions, not a true tick-by-tick VWAP. | +1.5% |
Double top, bearish — forming · entry $372.85 · 61 sessions in
Price levels it has turned at before
ELV last closed at $400.94 on 2026-10-08. Since 2024-10-08 it has turned at 10 prices below its last close and 4 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $401.46 | Resistance | 0.1% above the last close | turned there five times · 2024-10-17 to 2026-08-13 |
| $391.50 | Support | 2.4% below the last close | turned there five times · 2024-11-20 to 2026-09-09 |
| $411.84 | Resistance | 2.7% above the last close | turned there six times · 2024-12-03 to 2026-08-26 |
| $383.70 | Support | 4.3% below the last close | turned there twice · 2026-01-15 to 2026-05-26 |
| $422.99 | Resistance | 5.5% above the last close | turned there four times · 2025-03-25 to 2026-09-14 |
| $377.00 | Support | 6.0% below the last close | turned there five times · 2024-12-26 to 2026-10-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $375.74.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bullish (12/26/9) · trendless / choppy (low ADX) · beating the market · Trading above the Ichimoku cloud · Near a resistance level (pressing into a price that has capped it before) | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.77 mean, 1=Strong Buy…5=Strong Sell) — 21 analysts
- Mean price target$451.48 range $393.00 – $492.00; median $463.00
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ELV
- Consensus EPS estimate$4.69 next reporting period, as of 2026-10-08
- Estimate change, 30 days+$0.02307 (+0.5%) from $4.66, on 2026-09-03, 35-day window
- Readings revised upward22% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant fluctuations in medical costs and utilization rates.","Intense regulation and potential changes in government healthcare programs (e.g., Medicare and Medicaid).","Data security breaches and protection of sensitive member information."]
What changed in the latest 10-Q
AI-assisted comparison of ELV's 10-Q filed 2026-07-15 against the prior one filed 2026-04-22.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference period specification: 'three and six months ended June 30, 2026' (newer filing, filed 2026-07-15)
- Added medical member count update: '44.9 million medical members as of June 30, 2026' (newer filing, filed 2026-07-15)
- Added language: 'including increased utilization of specialty pharmaceuticals' in drivers of medical cost trends (newer filing, filed 2026-07-15)
- Added language: 'strengthening care and provider network management' and 'enhancing payment integrity to manage costs' in response measures (newer filing, filed 2026-07-15)
- Removed:
- Removed reference period specification: 'three months ended March 31, 2026' (older filing, filed 2026-04-22)
- Removed medical member count: '45.4 million medical members as of March 31, 2026' (older filing, filed 2026-04-22)
- Removed phrase: 'new indications of existing prescription drugs' appeared in older filing but was modified in newer filing
- Removed phrase: 'strengthening care management' (older wording, filed 2026-04-22)
- Removed phrase: 'and lower costs' from response measures (older filing, filed 2026-04-22)
- Removed geographic expansion language: 'In 2025, we expanded our operations into select service areas in Florida, Maryland and Texas and in 2026, into Washington through our Simply Healthcare and Wellpoint brands' (older filing, filed 2026-04-22)
- Reworded:
- Changed expansion narrative: Older filing groups 2025 expansions (Florida, Maryland, Texas) together, then 2026 Washington; newer filing separates by brand/location specificity: 'In 2025, we expanded our operations into select service areas in Florida through our Simply Healthcare brand, and Maryland and Texas through our Wellpoint brand. In 2026, we expanded into Washington through our Wellpoint brand' (newer filing, filed 2026-07-15)
- Changed response language from 'strengthening care management, and optimizing' to 'strengthening care and provider network management, optimizing...and enhancing payment integrity to manage costs' (newer filing, filed 2026-07-15 vs older filed 2026-04-22)
- Changed page number reference from '-34-' to '-35-' (newer filing, filed 2026-07-15)
- Notes:
- The two filings cover different interim periods (Q2 2026 vs Q1 2026), which naturally accounts for membership count changes and updated forward-looking statements
- The text appears truncated in both source versions at the CarelonRx section, limiting full comparison of that section
Risk Factors
- Notes:
- The Risk Factors section text itself is identical between the two filings; both state there have been no material changes to the risk factors as disclosed in the 2025 Annual Report on Form 10-K.
- The only differences between the provided excerpts are in subsequent sections (Item 2 repurchase table, Item 5 quarter references, Item 6 exhibits, signature dates and page numbers), which are outside the Risk Factors section but were included in the supplied texts.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
3 open-market purchases and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-05. The 4 days since 2026-10-05 have not been checked yet.
- Last 90 days · read to 2026-10-053 buys ($1M) · 0 sells — 2 buying insiders
- Last 180 days · read to 2026-10-053 buys ($1M) · 3 sells ($826625) — 2 buying, 2 selling insiders
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-17. Based on Form 4 filings read through 2026-10-05; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ELV's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
U.S. House trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 16 matched disclosures for ELV from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding ELV as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 35,319,697
- Reported value $13,659,186,331
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ELV's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ELV had 5,335,623 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ELV had 2.46% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.21 days to cover at the same settlement.
- Reported short interest (shares) 5,335,623
- Short interest (% of shares outstanding) 2.46%
- Prior settlement (shares) 5,485,788
- Reported change -2.74%
- Days to cover (reported) 4.21
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- UnitedHealth Group (UNH)
- Cigna Group (CI)
- CVS Health (CVS)
- Humana (HUM)
- Centene (CNC)
- Molina Healthcare (MOH)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Elevance Health (ELV) do?
Elevance Health is a health company that provides a broad range of health benefit plans and services, including managed care and insurance solutions. The company operates through segments focused on government business, commercial and specialty business, and health services. Its offerings span medical, pharmacy, dental, vision, and behavioral health insurance, alongside pharmacy benefit management and integrated clinical care.
What sector is Elevance Health (ELV) in?
Elevance Health (ELV) is classified in the Health Care sector. Its industry is Managed Health Care. It trades on NYSE.
Does ELV pay a dividend?
Yes — Elevance Health (ELV) pays a dividend, with an indicated yield of about 1.67% and 13-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). Informational only — not financial advice.
Who are Elevance Health's (ELV) competitors?
Notable peers of Elevance Health (ELV) include UnitedHealth Group, Cigna Group, CVS Health, Humana and Centene. This peer set is informational only — not financial advice.
Has there been recent U.S. House stock trading in ELV?
Yes — we hold 16 matched STOCK Act disclosures for ELV from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Elevance Health (ELV) overbought or oversold right now?
Elevance Health (ELV) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 51, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ELV come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.