WallStreetZenWallStreetZen

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 $358.93, up 0.23% from the previous day, and has decreased 21.11% in one year. It has underperformed other stocks in the Healthcare Plans industry by 0.28 percentage points. Humana stock is currently +20.2% from its 52-week low of $298.61, and -32.35% from its 52-week high of $530.54.

At the moment, there are 120.5M HUM shares outstanding. The market cap of HUM is $43.25B. In the last 24 hours, 860,740 HUM shares were traded.

How to Buy Humana Stock

Wondering how to invest in Humana stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our experience, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. 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.
  2. Provide your personal data to open a new trading account.
  1. Send your details by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$358.93
1w %
2.03%
1y %
-21.11%
5y %
42.53%
P/E
22.03x
P/B
2.68x
P/S
0.4x
PEG
1.44x
Revenue
$109.24B
Earnings
$1.99B
Fore. Rev. Growth
3.32%
Fore. Earn. Growth
15.27%
Market Cap
$43.25B
Next Earnings
Aug 1, 2024
Next Dividend
Jul 26, 2024

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 undervalued based on its P/E ratio of 22.03x, relative to Healthcare Plans industry P/E ratio of 24.47x
  • HUM could be undervalued based on its P/B ratio of 2.68x, relative to Healthcare Plans industry P/B ratio of 2.95x
  • HUM may be overvalued based on its PEG ratio of 1.44x

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

Michael Wiederhorn, a top 22% analyst from Oppenheimer maintains HUM with a buy rating and lowers their HUM price target from $415.00 to $370.00, on Apr 25, 2024.

David Windley, a top 13% analyst from Jefferies maintains HUM with a strong buy rating and lowers their HUM price target from $411.00 to $381.00, on Apr 22, 2024.

Stephen Baxter, a top 20% analyst from Wells Fargo maintains HUM with a strong buy rating and lowers their HUM price target from $413.00 to $350.00, on Apr 8, 2024.

Nathan Rich, a bottom 7% analyst from Goldman Sachs maintains HUM with a strong buy rating and lowers their HUM price target from $450.00 to $385.00, on Apr 3, 2024.

Andrew Mok, a top 28% analyst from Barclays maintains HUM with a hold rating and lowers their HUM price target from $356.00 to $310.00, on Apr 2, 2024.

You can dig deeper into what analysts are projecting on the Humana stock forecast page.

Metrics for Advanced HUM Traders

SMA10
356.38
SMA20
354.45
SMA50
335.36
SMA100
345.12
SMA200
413.64
MACD
5
MACD Signal
5.76
MACD Histogram
-0.77
RSI
61.24
Stochastic %K
75.86
Stochastic %D
69.01
StochRSI %K
36.65
StochRSI %D
23.48

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 5.64%.

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 13.96%.

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 0.99%, compared to the Healthcare Plans industry's average dividend yield of 1.82%. If you owned $1,000 worth of HUM stock, you would have been paid $9.86 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

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

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:

Open eToro Account

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:

  1. Figure out where to buy Humana stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Humana stock
  5. Make your HUM trade
  6. Keep tabs on your HUM position

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Humana, click the button below.

NYSE: HUM
$358.93+0.83 (+0.23%)
Updated Jun 14, 2024
Open eToro Account
NYSE: HUM
$358.93+0.83 (+0.23%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Humana share?

As of Jun 14, 2024, it costs $358.93 to buy one share of Humana stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.279 shares of HUM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Humana stock?

According to 16 Wall Street analysts who monitor Humana, their consensus recommendation is to buy Humana stock.

What is the best way to buy Humana stock?

One way to place an order for Humana stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.