Cano Health, Inc. (CANO)
| Market Cap | 31.74M |
| Revenue (ttm) | 3.10B |
| Net Income (ttm) | -577.76M |
| Shares Out | 5.41M |
| EPS (ttm) | -221.87 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 199,264 |
| Open | 5.94 |
| Previous Close | 5.82 |
| Day's Range | 5.72 - 6.19 |
| 52-Week Range | 5.13 - 190.00 |
| Beta | 0.12 |
| Analysts | Sell |
| Price Target | 58.44 (+895.57%) |
| Earnings Date | Nov 9, 2023 |
About CANO
Cano Health, Inc. provides primary care medical services to its members in the United States and Puerto Rico. It owns and operates medical centers enabled by CanoPanorama, a proprietary population health management technology-powered platform that provides the healthcare providers at its medical centers with a 360-degree view of their members with actionable insights to improve care decisions and member engagement. The company also operates pharmacies, as well as provides dental services in its medical centers. Cano Health, Inc. was founded in ... [Read more]
Financial Performance
In 2022, Cano Health's revenue was $2.74 billion, an increase of 70.19% compared to the previous year's $1.61 billion. Losses were -$207.27 million, 1050.2% more than in 2021.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CANO stock is "Sell." The 12-month stock price forecast is $58.44, which is an increase of 895.57% from the latest price.
News
Cano Health Receives NYSE Notice of Non-Compliance with Market Capitalization Criteria
Accelerates Transformation Plan, Now Targeting $290 million of Cost Reductions MIAMI , Dec. 29, 2023 /PRNewswire/ -- Cano Health, Inc. (NYSE: CANO) (" Cano Health " or the " Company ") announced today...
Cano Health Announces Appointment of Two New Independent Directors
Patricia Ferrari and Carol Flaton to Enhance the Board's and Management's Ongoing Strategic, Operational and Financing Initiatives MIAMI , Dec. 18, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Cano Health, Inc. - CANO
NEW YORK , Nov. 20, 2023 /PRNewswire/ -- (PRNEWSWIRE) Pomerantz LLP is investigating claims on behalf of investors of Cano Health, Inc. ("Cano" or the "Company") (NYSE: CANO). Such investors are advis...
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Cano Health, Inc. (CANO/WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Cano ...
Cano Health stock price analysis: Bankruptcy risks are elevated
Cano Health (NYSE: CANO) stock price has crashed as concerns about the company's future remained. The shares tumbled by more than 19% on Friday and reached an all-time low of $6.62.
Cano Health Provides Update on Third Quarter 2023 10-Q Filing
MIAMI , Nov. 9, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, provided the following ...
Cano Health Announces Financial Results for the Third Quarter 2023
MIAMI , Nov. 9, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, today announced financi...
Cano Health Announces Consummation of Previously-Announced 1-for-100 Reverse Stock Split
MIAMI , Nov. 2, 2023 /PRNewswire/ -- Cano Health, Inc. (" Cano Health " or the " Company ") (NYSE: CANO) today announced that it completed a 1-for-100 reverse stock split of its shares Class A common ...
Cano Health Announces Date to Report Third Quarter 2023 Results
MIAMI , Nov. 1, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, will release its financ...
Cano Health Files Preliminary Proxy Statement with the SEC to initiate plan for Reverse Stock Split
MIAMI , Oct. 5, 2023 /PRNewswire/ -- Cano Health, Inc. (" Cano Health " or the " Company ") (NYSE: CANO) today announced that it has filed a preliminary proxy statement with the SEC regarding a specia...
Cano Health Announces Change in Chief Financial Officer Role
Eladio Gil named Interim Chief Financial Officer MIAMI , Sept. 29, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health") (NYSE: CANO) today announced that Eladio Gil has been appointed Interim Chief ...
Cano Health sells substantially all of its Primary Care Centers in Texas & Nevada to CenterWell Senior Primary Care
MIAMI, Sept. 26, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health") (NYSE: CANO) today announced that it sold substantially all of the assets associated with the operation of Cano Health's senior-...
Cano Health Announces Plans for Regaining Compliance with NYSE Stock Price Criteria
MIAMI , Sept. 11, 2023 /PRNewswire/ -- Cano Health, Inc. (NYSE: CANO) (" Cano Health " or the " Company " announced today that it was notified by NYSE Regulation Inc. (the " NYSE ") that it is not in ...
Cano Health Appoints Mark Kent Permanent Chief Executive Officer
Mr. Kent immediately joins Board of Directors, replacing Dr. Marlow Hernandez who has stepped down MIAMI , Aug. 21, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company"), a leading v...
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Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose...
Cano Health Stock Dives 49% After Warning About Its Future
Citi analysts downgraded the company's shares to Neutral from Buy, citing many challenges for the primary-care provider.
Cano Health shares tumble as it explores sale, Pagaya and Archer Aviation stocks soar and other moving shares
Archer Aviation Inc.‘s stock ACHR, +1.22% jumped more than 23% ahead of Friday's market open after Boeing Co. BA, +0.17% invested an undisclosed amount in the air-taxi company.
Cano Health stock dives 50% on ‘going concern' warning
Shares of Cano Health Inc. CANO tumbled 50% after hours on Thursday after the primary-care provider and health-management platform said there was “substantial doubt” about its ability to keep operatin...
Cano Health sinks on raising going concern doubts
Primary care provider Cano Health said on Thursday there is substantial doubt about the company's ability to continue as a going concern within one year, sending shares down 37.5% after the bell.
Cano Health Announces Financial Results for the Second Quarter 2023
Cano Health is pursuing a process to sell the Company The Company plans to exit operations in California, New Mexico and Illinois by the fall of 2023, and Puerto Rico by January 1, 2024 MIAMI , Aug. 1...
Cano Health Reschedules Second Quarter 2023 Earnings Conference Call
MIAMI , Aug. 9, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), announced today that it has rescheduled its second quarter 2023 earnings release and conference ca...
Cano Health Announces Date to Report Second Quarter 2023 Results
MIAMI , July 25, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, will release its finan...
Concerned Shareholders of Cano Health Condemn the Board's Egregious Conduct and Unwillingness to Accept a Resounding Rebuke at the 2023 Annual Meeting
NEW YORK & MIAMI--(BUSINESS WIRE)--Elliot Cooperstone, Lewis Gold and Barry Sternlicht (collectively with our affiliates, the “Group” or “we”) today issued the below letter to Cano Health, Inc. (“Cano...
Cano Health Files Final Voting Results of Annual Stockholders' Meeting
MIAMI , June 22, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company"), a leading value-based primary care provider and population health company, today filed with the SEC final voti...