Skip to Content
Morningstar

UnitedHealth Group Inc UNH

Morningstar Rating
Unlock
Stock XNYS Rating as of
$501.13 +7.95 (1.61%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

UnitedHealth Earnings: 2024 Outlook Maintained Despite Change Outage and Elevated Utilization

Julie Utterback

On an adjusted basis, narrow-moat UnitedHealth turned in stronger first-quarter results than expected, offsetting the anticipated Change business disruption effects for 2024, as management maintained its adjusted earnings per share outlook for the year. Industry investors may be pleased to see that medical utilization is trending toward the firm's expectations, too. We are maintaining our $520 fair value estimate, which remains moderately above recent trades.

Read Full Report

Price vs Fair Value

View History
UNH is trading at a 5% discount.
Price
$493.18
Fair Value
$259.00
Uncertainty
Medium
1-Star Price
$515.00
5-Star Price
$139.00
Economic Moat
Dgntb
Capital Allocation
Wmbchkzryz

Bulls Say, Bears Say

Bulls

UnitedHealth's strategy of providing medical insurance, pharmacy benefits, and healthcare services creates a powerful alignment of incentives that should help clients control their healthcare costs better than pure-play competitors.

Bears

Economic downturns could cut into UnitedHealth's near-term earnings power, especially if employer-based insurance rolls shrink.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if UNH is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$493.18
Day Range
$495.56–507.30
52-Week Range
$436.38–554.70
Bid/Ask
$499.50 / $501.13
Market Cap
$462.01 Bil
Volume/Avg
6.6 Mil / 4.6 Mil

Key Statistics

Price/Earnings (Normalized)
18.67
Price/Sales
1.15
Dividend Yield (Trailing)
1.52%
Dividend Yield (Forward)
1.52%
Total Yield
3.30%

Company Profile

UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Sector
Healthcare
Industry
Healthcare Plans
Stock Style Box
Large Core
Total Number of Employees
440,000
Website
https://www.unitedhealthgroup.com

Competitors

Valuation

View More
Metric
UNH
ELV
HUM
Price/Earnings (Normalized)
 18.6715.3212.50
Price/Book Value
 4.683.012.44
Price/Sales
 1.150.720.38
Price/Cash Flow
 15.6413.5510.36
Price/Earnings
UNH
ELV
HUM

Financial Strength

Metric
UNH
ELV
HUM
Quick Ratio
 0.69——
Current Ratio
 0.79——
Interest Coverage
 9.978.497.86
Quick Ratio
UNH
ELV
HUM

Profitability

Metric
UNH
ELV
HUM
Return on Assets (Normalized)
 8.63%7.36%5.46%
Return on Equity (Normalized)
 28.42%20.87%17.15%
Return on Invested Capital (Normalized)
 16.72%13.85%11.21%
Return on Assets
UNH
ELV
HUM
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Healthcare Plans Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ELV
Elevance Health IncWzvshjcynQkktnq$122.1 Bil
CI
The Cigna GroupHltvxfkvZxnfll$98.9 Bil
CVS
CVS Health CorpCsfbjwrxlPwsbq$87.5 Bil
CNC
Centene CorpDpghbmnrDlvgdw$39.4 Bil
HUM
Humana IncQbjwqkwWlssgm$39.2 Bil
MOH
Molina Healthcare Inc—Mvyqtl$21.1 Bil
OSCR
Oscar Health Inc Class A—Cps$3.8 Bil
ALHC
Alignment Healthcare Inc—Vrzr$935.4 Mil
CLOV
Clover Health Investments Corp Ordinary Shares - Class A—Vcqqm$312.6 Mil

Sponsor Center