$4.85 EPS Expected for Anthem Inc (NYSE:ANTM) This Quarter

Equities research analysts forecast that Anthem Inc (NYSE:ANTM) will report earnings of $4.85 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Anthem’s earnings. The highest EPS estimate is $5.16 and the lowest is $4.64. Anthem posted earnings of $3.81 per share during the same quarter last year, which would suggest a positive year over year growth rate of 27.3%. The firm is expected to announce its next quarterly earnings report on Wednesday, October 30th.

According to Zacks, analysts expect that Anthem will report full-year earnings of $19.35 per share for the current year, with EPS estimates ranging from $19.30 to $19.40. For the next financial year, analysts anticipate that the company will post earnings of $22.90 per share, with EPS estimates ranging from $22.57 to $23.20. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Anthem.

Anthem (NYSE:ANTM) last released its quarterly earnings data on Wednesday, July 24th. The company reported $4.64 EPS for the quarter, beating the Zacks’ consensus estimate of $4.61 by $0.03. The company had revenue of $25.20 billion during the quarter, compared to the consensus estimate of $24.88 billion. Anthem had a net margin of 4.21% and a return on equity of 15.02%. Anthem’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.25 EPS.

A number of analysts recently commented on ANTM shares. Citigroup raised shares of Anthem from a “neutral” rating to a “buy” rating and set a $325.00 price objective on the stock in a report on Friday, May 10th. SunTrust Banks decreased their price objective on shares of Anthem to $300.00 and set a “hold” rating on the stock in a report on Thursday, April 25th. Zacks Investment Research downgraded shares of Anthem from a “buy” rating to a “hold” rating and set a $289.00 price objective on the stock. in a report on Monday. Barclays boosted their price objective on shares of Anthem from $316.00 to $317.00 and gave the stock an “overweight” rating in a report on Thursday, April 25th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $360.00 target price on shares of Anthem in a research report on Sunday, April 21st. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $325.40.

Shares of NYSE:ANTM traded down $2.13 during midday trading on Monday, hitting $273.41. The stock had a trading volume of 1,383,831 shares, compared to its average volume of 1,726,451. The company has a market capitalization of $70.88 billion, a PE ratio of 17.21, a P/E/G ratio of 1.01 and a beta of 0.71. Anthem has a 1 year low of $227.16 and a 1 year high of $317.99. The stock has a 50 day moving average price of $291.60 and a two-hundred day moving average price of $286.56. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th will be issued a $0.80 dividend. The ex-dividend date is Monday, September 9th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.17%. Anthem’s dividend payout ratio is 20.14%.

In other news, Director Robert L. Dixon, Jr. sold 520 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $294.11, for a total transaction of $152,937.20. Following the completion of the transaction, the director now directly owns 9,971 shares in the company, valued at $2,932,570.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas C. Zielinski sold 8,826 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $283.92, for a total value of $2,505,877.92. Following the transaction, the executive vice president now owns 33,183 shares of the company’s stock, valued at $9,421,317.36. The disclosure for this sale can be found here. Insiders sold 11,765 shares of company stock valued at $3,327,092 over the last ninety days. 0.17% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Horan Capital Advisors LLC. acquired a new stake in Anthem in the first quarter valued at about $52,000. Cable Hill Partners LLC lifted its holdings in Anthem by 77.5% during the first quarter. Cable Hill Partners LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 55 shares during the period. Wade G W & Inc. bought a new stake in Anthem during the first quarter worth $274,000. Evolution Wealth Advisors LLC bought a new stake in Anthem during the second quarter worth $55,000. Finally, Wealthfront Advisers LLC lifted its holdings in Anthem by 22.7% during the first quarter. Wealthfront Advisers LLC now owns 7,098 shares of the company’s stock worth $2,037,000 after acquiring an additional 1,314 shares during the period. Institutional investors own 87.69% of the company’s stock.

Anthem Company Profile

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets.

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Earnings History and Estimates for Anthem (NYSE:ANTM)

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