In today’s recent session, 2.45 million shares of the Clover Health Investments Corp (NASDAQ:CLOV) have been traded, and its beta is 2.00. Most recently the company’s share price was $3.76, and it changed around $0.41 or 12.09% from the last close, which brings the market valuation of the company to $1.91B. CLOV at last check was trading at a discount to its 52-week high of $4.87, offering almost -29.52% off that amount. The share price’s 52-week low was $0.70, which indicates that the recent value has risen by an impressive 81.38% since then.
Clover Health Investments Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended CLOV as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Clover Health Investments Corp (NASDAQ:CLOV) trade information
Instantly CLOV has been showing a green trend so far today with a performance of 12.09% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.67 on recent trading daydecreased the stock’s daily price by -2.45%. The company’s shares are currently up 19.21% year-to-date, but still up 10.44% over the last five days. On the other hand, Clover Health Investments Corp (NASDAQ:CLOV) is 16.98% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 37.33% from its current value. Analyst projections state that CLOV is forecast to be at a low of $6 and a high of $6.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -237.67%. Clover Health Investments Corp earnings are expected to increase by -63.15% in 2025, but the outlook is positive 53.77% per year for the next five years.
CLOV Dividends
Clover Health Investments Corp’s next quarterly earnings report is expected to be released in June.
RENAISSANCE TECHNOLOGIES LLC, with 2.3123% or 11.27 million shares worth $13.86 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 10.96 shares worth $41.97 million, making up 2.64% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 6.22 shares worth around $23.8 million, which represents about 1.50% of the total shares outstanding.
