Clover Health Investments Stock Today
| CLOV Stock | USD 0.65 0.02 3.17% |
Performance0 of 100
| Odds Of DistressLess than 19
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Clover Health is selling for under 0.65 as of the 25th of April 2024; that is 3.17 percent increase since the beginning of the trading day. The stock's lowest day price was 0.65. Clover Health has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Clover Health Investments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 2nd of January 2001 | Category Healthcare | Classification Health Care |
Clover Health Investments, Corp. operates as a medicare advantage insurer in the United States. Clover Health Investments, Corp. was incorporated in 2014 and is based in Franklin, Tennessee. Clover Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. The company has 405.64 M outstanding shares of which 43.98 M shares are currently shorted by private and institutional investors with about 3.23 trading days to cover. More on Clover Health Investments
Moving together with Clover Stock
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Moving against Clover Stock
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| 0.79 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
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| 0.74 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.73 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Clover Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Clover Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clover Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CoFounder Chairman | Vivek Garipalli | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Clover Health report their recommendations after researching Clover Health's financial statements, talking to executives and customers, or listening in on Clover Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Clover Health Investments. The Clover consensus assessment is calculated by taking the average forecast from all of the analysts covering Clover Health. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Clover Health's historical financial statements, Clover Health Investments is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Clover Health Investments is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Clover Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Clover Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clover Health's financial leverage. It provides some insight into what part of Clover Health's total assets is financed by creditors.
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Clover Health Investments (CLOV) is traded on NASDAQ Exchange in USA. It is located in 3401 Mallory Lane, Franklin, TN, United States, 37067 and employs 552 people. Clover Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 311.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clover Health's market, we take the total number of its shares issued and multiply it by Clover Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Clover Health Investments conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 405.64 M outstanding shares of which 43.98 M shares are currently shorted by private and institutional investors with about 3.23 trading days to cover.
Clover Health Investments currently holds about 711.78 M in cash with (115.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Clover Health Probability Of Bankruptcy
Ownership AllocationClover Health Investments retains a total of 405.64 Million outstanding shares. Clover Health Investments shows 7.38 percent of its outstanding shares held by insiders and 24.47499999999999 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Clover Ownership Details
Clover Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Clover Health jumping above the current price in 90 days from now is under 95%. The Clover Health Investments probability density function shows the probability of Clover Health stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.7246 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Clover Health will likely underperform. Additionally, clover Health Investments has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Clover Health to move above the current price in 90 days from now is under 95 (This Clover Health Investments probability density function shows the probability of Clover Stock to fall within a particular range of prices over 90 days) .
Clover Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Clover Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clover Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clover Health's value.| Instituion | Recorded On | Shares | |
| Two Sigma Advisers, Llc | 2023-12-31 | 1.8 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | |
| Millennium Management Llc | 2023-12-31 | 1.5 M | |
| Jane Street Group, Llc | 2023-12-31 | 1.3 M | |
| Cubist Systematic Strategies, Llc | 2023-12-31 | 1.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 878.3 K | |
| Amvescap Plc. | 2023-12-31 | 854.5 K | |
| Citigroup Inc | 2023-12-31 | 838.6 K | |
| Vanguard Group Inc | 2023-12-31 | 24.3 M | |
| Renaissance Technologies Corp | 2023-12-31 | 12.6 M |
Clover Health Historical Income Statement
Clover Health Investments Income Statement is one of the three primary financial statements used for reporting Clover's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Clover Health Investments revenue and expense. Clover Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Clover Health's Gross Profit is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 997.3 K in 2024, whereas Interest Expense is likely to drop 6,650 in 2024. View More FundamentalsClover Stock Against Markets
Picking the right benchmark for Clover Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Clover Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Clover Health is critical whether you are bullish or bearish towards Clover Health Investments at a given time. Please also check how Clover Health's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Clover Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Clover Health Corporate Management
Elected by the shareholders, the Clover Health's board of directors comprises two types of representatives: Clover Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clover. The board's role is to monitor Clover Health's management team and ensure that shareholders' interests are well served. Clover Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clover Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brady JD | Chief Care | Profile | |
| Wendy Richey | Chief Officer | Profile | |
| Derrick Nueman | Head strategy | Profile | |
| Prabhdeep Singh | Chief Officer | Profile | |
| Karen Soares | Senior Counsel | Profile | |
| Joseph Martin | Gen Sec | Profile | |
| Kumar Dharmarajan | Chief Assistant | Profile |
How to buy Clover Stock?
Before investing in Clover Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Clover Health. To buy Clover Health stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clover Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Clover Health stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Clover Health Investments stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Clover Health Investments stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Clover Health Investments, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Clover Stock please use our How to Invest in Clover Health guide.
Already Invested in Clover Health Investments?
The danger of trading Clover Health Investments is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clover Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clover Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clover Health Investments is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Clover Health Investments is a strong investment it is important to analyze Clover Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clover Health's future performance. For an informed investment choice regarding Clover Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clover Health Investments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Clover Health's price analysis, check to measure Clover Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.
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Is Clover Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clover Health. If investors know Clover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clover Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 4.223 | Quarterly Revenue Growth (0.44) | Return On Assets (0.17) | Return On Equity (0.66) |
The market value of Clover Health Investments is measured differently than its book value, which is the value of Clover that is recorded on the company's balance sheet. Investors also form their own opinion of Clover Health's value that differs from its market value or its book value, called intrinsic value, which is Clover Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clover Health's market value can be influenced by many factors that don't directly affect Clover Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clover Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clover Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clover Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.