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Best Healthcare Plan Stocks to Buy Now (2024)
Top healthcare plan stocks in 2024 ranked by overall Zen Score. See the best healthcare plan stocks to buy now, according to analyst forecasts for the healthcare plans industry.

Industry: Healthcare Plans
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CNC
CENTENE CORP
$41.93BN/A0.00%N/AN/AN/AN/A
CI
CIGNA GROUP
$98.07B1.47%26.80%$1.2300$4.9229%02024-03-052024-03-21
CVS
CVS HEALTH CORP
$94.62B3.30%38.20%$0.6650$2.4858%0
HUM
HUMANA INC
$42.37B1.01%17.60%$0.8850$3.5418%02024-03-272024-04-26
MOH
MOLINA HEALTHCARE INC
$23.46BN/A0.00%N/AN/AN/AN/A
UNH
UNITEDHEALTH GROUP INC
$459.38B1.46%30.20%$1.8800$7.2929%02024-03-082024-03-19
ELV
ELEVANCE HEALTH INC
$117.06B1.18%23.30%$1.4800$5.9223%02024-03-072024-03-22
ALHC
ALIGNMENT HEALTHCARE INC
$1.07BN/A0.00%N/AN/AN/AN/A
OSCR
OSCAR HEALTH INC
$3.67BN/A0.00%N/AN/AN/AN/A
CLOV
CLOVER HEALTH INVESTMENTS CORP
$419.86MN/A0.00%N/AN/AN/AN/A
NEUE
NEUEHEALTH INC
$61.18MN/A0.00%N/AN/AN/AN/A
MRAI
MARPAI INC
$11.56MN/A0.00%N/AN/AN/AN/A

Healthcare Plan Stocks FAQ

What are the best healthcare plan stocks to buy right now in Feb 2024?

According to Zen Score, the 3 best healthcare plan stocks to buy right now are:

1. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the top healthcare plan stock with a Zen Score of 62, which is 22 points higher than the healthcare plan industry average of 40. It passed 20 out of 33 due diligence checks and has strong fundamentals. Centene has seen its stock return 14.61% over the past year, overperforming other healthcare plan stocks by 14 percentage points.

Centene has an average 1 year price target of $81.57, an upside of 4.06% from Centene's current stock price of $78.39.

Centene stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Centene, 57.14% have issued a Strong Buy rating, 0% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cigna Group (NYSE:CI)


Cigna Group (NYSE:CI) is the second best healthcare plan stock with a Zen Score of 60, which is 20 points higher than the healthcare plan industry average of 40. It passed 22 out of 38 due diligence checks and has strong fundamentals. Cigna Group has seen its stock return 14.73% over the past year, overperforming other healthcare plan stocks by 14 percentage points.

Cigna Group has an average 1 year price target of $357.11, an upside of 6.56% from Cigna Group's current stock price of $335.13.

Cigna Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Cigna Group, 44.44% have issued a Strong Buy rating, 33.33% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the third best healthcare plan stock with a Zen Score of 54, which is 14 points higher than the healthcare plan industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cvs Health has seen its stock lose -10% over the past year, underperforming other healthcare plan stocks by -11 percentage points.

Cvs Health has an average 1 year price target of $88.30, an upside of 17.44% from Cvs Health's current stock price of $75.19.

Cvs Health stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Cvs Health, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the healthcare plan stocks with highest dividends?

Out of 5 healthcare plan stocks that have issued dividends in the past year, the 3 healthcare plan stocks with the highest dividend yields are:

1. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) has an annual dividend yield of 3.3%, which is 2 percentage points higher than the healthcare plan industry average of 1.68%. Cvs Health's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cvs Health's dividend has shown consistent growth over the last 10 years.

Cvs Health's dividend payout ratio of 38.2% indicates that its dividend yield is sustainable for the long-term.

2. Cigna Group (NYSE:CI)


Cigna Group (NYSE:CI) has an annual dividend yield of 1.47%, which is the same as the healthcare plan industry average of 1.68%. Cigna Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cigna Group's dividend has shown consistent growth over the last 10 years.

Cigna Group's dividend payout ratio of 26.8% indicates that its dividend yield is sustainable for the long-term.

3. Unitedhealth Group (NYSE:UNH)


Unitedhealth Group (NYSE:UNH) has an annual dividend yield of 1.46%, which is the same as the healthcare plan industry average of 1.68%. Unitedhealth Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Unitedhealth Group's dividend has shown consistent growth over the last 10 years.

Unitedhealth Group's dividend payout ratio of 30.2% indicates that its dividend yield is sustainable for the long-term.

Why are healthcare plan stocks down?

Healthcare plan stocks were down -1.77% in the last day, and down -2.44% over the last week. Alignment Healthcare was the among the top losers in the healthcare plans industry, dropping -18.21% yesterday.

Alignment Healthcare shares are trading lower after the company reported worse-than-expected Q4 GAAP EPS results.

What are the most undervalued healthcare plan stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued healthcare plan stocks right now are:

1. Humana (NYSE:HUM)


Humana (NYSE:HUM) is the most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Humana has a valuation score of 71, which is 39 points higher than the healthcare plan industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Humana's stock has dropped -29.06% in the past year. It has underperformed other stocks in the healthcare plan industry by -30 percentage points.

2. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the second most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Centene has a valuation score of 71, which is 39 points higher than the healthcare plan industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Centene's stock has gained 14.61% in the past year. It has overperformed other stocks in the healthcare plan industry by 14 percentage points.

3. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the third most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Cvs Health has a valuation score of 71, which is 39 points higher than the healthcare plan industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Cvs Health's stock has dropped -10% in the past year. It has underperformed other stocks in the healthcare plan industry by -11 percentage points.

Are healthcare plan stocks a good buy now?

60% of healthcare plan stocks rated by analysts are a buy right now. On average, analysts expect healthcare plan stocks to rise by 14% over the next year.

What is the average p/e ratio of the healthcare plans industry?

The average P/E ratio of the healthcare plans industry is 18.8x.
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.