In today’s recent session, 2.43 million shares of the Unitedhealth Group Inc (NYSE:UNH) have been traded, and its beta is 0.59. Most recently the company’s share price was $536.22, and it changed around -$28.97 or -5.12% from the last close, which brings the market valuation of the company to $493.48B. UNH at last check was trading at a discount to its 52-week high of $630.73, offering almost -17.63% off that amount. The share price’s 52-week low was $436.38, which indicates that the recent value has risen by an impressive 18.62% since then. We note from Unitedhealth Group Inc’s average daily trading volume that its 10-day average is 4.88 million shares, with the 3-month average coming to 3.54 million.

Unitedhealth Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.47. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 4 recommended UNH as a Hold, whereas 19 deemed it a Buy, and 0 rated it as Underweight. Unitedhealth Group Inc is expected to report earnings per share of 6.74 for the current quarter.

Unitedhealth Group Inc (NYSE:UNH) trade information

Instantly UNH has been showing red trend so far today with a performance of -5.12% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 608.99 on recent trading dayincreased the stock’s daily price by 11.95%. The company’s shares are currently up 1.85% year-to-date, but still down -12.21% over the last five days. On the other hand, Unitedhealth Group Inc (NYSE:UNH) is -14.24% down in the 30-day period. We can see from the shorts that 7.92 million shares have been sold at a short interest cover period of 2.45 day(s).

The consensus price target as assigned by Wall Street analysts is $612.5, which translates to bulls needing to increase their stock price by 12.45% from its current value. Analyst projections state that UNH is forecast to be at a low of $595 and a high of $650.

Unitedhealth Group Inc (UNH) estimates and forecasts

Unitedhealth Group Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 8.75 percent over the past six months and at a 9.91% annual growth rate that is well above the industry average of -4.50%. The year-over-year growth rate is expected to be 7.90%, up from the previous year.

Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 101.76B in revenue for the current quarter. 12 analysts expect Unitedhealth Group Inc to make 108.31B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 94.43B and 99.8B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.77%. Forecasts for the next quarter put sales growth at 8.53%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.37%. Unitedhealth Group Inc earnings are expected to increase by 9.90% in 2024, but the outlook is positive 13.00% per year for the next five years.

UNH Dividends

Unitedhealth Group Inc’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 1.53 percent and its annual dividend per share was 8.18. It is important to note, however, that the 1.53% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.35 per year.

Unitedhealth Group Inc (NYSE:UNH)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.23% of Unitedhealth Group Inc shares, and 90.18% of them are in the hands of institutional investors. The stock currently has a share float of 90.39%. Unitedhealth Group Inc stock is held by 4454.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.1158% of the shares, which is about 83.95 million shares worth $42.75 billion.

BLACKROCK INC., with 7.9735% or 73.43 million shares worth $37.39 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 29.27 shares worth $15.75 billion, making up 3.18% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 24.18 shares worth around $13.01 billion, which represents about 2.63% of the total shares outstanding.