How to Buy Humana Stock
Humana Inc
Humana is a healthcare plan company located in Kentucky, United States, which is part of the Healthcare sector, and is traded under the ticker HUM on the NYSE exchange.
Humana stock last closed at $315.98, down 3.66% from the previous day, and has decreased 37.02% in one year. It has underperformed other stocks in the Healthcare Plans industry by 0.4 percentage points. Humana stock is currently +5.6% from its 52-week low of $299.23, and -41.62% from its 52-week high of $541.21.
At the moment, there are 120.5M HUM shares outstanding. The market cap of HUM is $38.08B. In the last 24 hours, 3.34M HUM shares were traded.
How to Buy Humana Stock
Wondering how to invest in Humana stock? Here's how.
- Figure out where to buy Humana stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Humana stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your information.
- Evaluate Humana stock: The Humana ticker symbol is HUM. Is Humana stock a good investment? Should you buy shares of HUM? How do HUM's underlying business fundamentals look? Do top analysts think Humana is a good buy? Why has HUM's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if HUM is a good stock to buy).
- Make your HUM trade: Decide if you will purchase HUM shares at the current market price or use a limit order to purchase HUM stock at a given price.
- Keep tabs on your HUM position: Create a watchlist to important updates regarding your position in Humana shares.
Step 1: Figure out where to buy Humana stock
You need an online brokerage account in order to access the NYSE market and buy HUM shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to buy HUM stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you have filled out your info on investing apps, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your brokerage account.
Step 4: Evaluate Humana stock
Once you have decided on the best place to buy Humana stock, it's important to research their stock prior to buying, so you can wrap your head around the risk as well as the upside.
Humana quick stats
HUM Overview
WallStreetZen was designed to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on HUM's stock page.
Is HUM stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge HUM's intrinsic value.
Using relative valuations measures:
- HUM may be overvalued based on its P/E ratio of 19.4x, relative to Healthcare Plans industry P/E ratio of 18.72x
- HUM could be undervalued based on its P/B ratio of 2.36x, relative to Healthcare Plans industry P/B ratio of 2.91x
- HUM may be undervalued based on its PEG ratio of 0.34x
You can do more valuation research on HUM's stock here.
HUM Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the HUM balance sheet.
- HUM has cash burn of 3031000000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the HUM balance sheet.
- HUM has $22.61B in cash and short term investments. This is enough to cover its annual cash burn of $3.03B.
Failed Financial Due Diligence Checks:
- HUM has a relatively high debt to equity ratio of 2.1.
- Total HUM debt is higher than 5 years ago, relative to shareholder equity.
- HUM profit margin has gone down from 3.3% to 1.8% in the past year.
Is it a good time to buy Humana stock, according to Wall Street analysts?
Out of 16 Equities analysts who research HUM, the consensus analyst rating on Humana is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent HUM Analyst Recommendations
Kevin Fischbeck, a bottom 10% analyst from Bank of America downgrades HUM to a hold rating and lowers their HUM price target from $470.00 to $342.00, on Apr 2, 2024.
Gary Taylor, a bottom 10% analyst from TD Cowen maintains HUM with a strong buy rating and lowers their HUM price target from $427.00 to $396.00, on Apr 2, 2024.
Ann Hynes, a top 7% analyst from Mizuho maintains HUM with a strong buy rating and lowers their HUM price target from $550.00 to $400.00, on Jan 26, 2024.
Scott Fidel, a top 9% analyst from Stephens & Co. maintains HUM with a strong buy rating and lowers their HUM price target from $550.00 to $430.00, on Jan 26, 2024.
Kevin Caliendo, a top 12% analyst from UBS downgrades HUM to a hold rating and lowers their HUM price target from $530.00 to $370.00, on Jan 26, 2024.
You can dig deeper into what analysts are projecting on the Humana stock forecast page.
Metrics for Advanced HUM Traders
HUM Earnings
Last year, HUM earnings were $1.99B. Over the last five year, HUM's earnings have gone up by 4.84% per year. This was slower than the Healthcare Plans industry average of 12.07%.
Last year, HUM revenue was $109.24B. During the past five year, HUM's revenue has grown by 13.21% per year. This was slower than the Healthcare Plans industry average of 14.62%.
You can research HUM's earnings and revenue performance here.
What are HUM insiders up to?
In the past 12 months, insiders at HUM have sold more shares than they have bought.
Vishal Agrawal, Chief Strat Corp Dev Officer of HUM, was the latest HUM insider to sell. They sold $351,094.70 worth of HUM stock on Feb 22, 2024.
Get more info about who owns HUM stock here.
Can I rely on HUM as an income stream?
Humana pays a dividend of 1.12%, compared to the Healthcare Plans industry's average dividend yield of 1.8%. If you owned $1,000 worth of HUM stock, you would have been paid $11.20 in the past year.
Humana dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Humana dividend yield and history here.
Get opinions from other investors
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Step 5: Make your HUM trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your HUM position
Now that you own some HUM shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to get the latest updates about your HUM stock.
HUM Feed
How to Buy Stock in Humana
To reiterate, here are the 6 steps you need to take to buy Humana stock right now:
- Figure out where to buy Humana stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Humana stock
- Make your HUM trade
- Keep tabs on your HUM position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Humana, click the button below.
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