Bright Health Group, Inc. (BHG)

NYSE: BHG · IEX Real-Time Price · USD
7.63
+2.37 (45.06%)
At close: Dec 29, 2023, 4:00 PM
7.33
-0.30 (-3.93%)
After-hours: Dec 29, 2023, 7:58 PM EST
45.06%
Market Cap 60.90M
Revenue (ttm) 1.88B
Net Income (ttm) -1.65B
Shares Out 7.98M
EPS (ttm) -208.73
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 424,484
Open 5.30
Previous Close 5.26
Day's Range 5.30 - 8.50
52-Week Range 4.94 - 86.40
Beta 0.81
Analysts Hold
Price Target 26.00 (+240.76%)
Earnings Date Feb 28, 2024

About BHG

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers medicare healt... [Read more]

Sector Healthcare
IPO Date Jun 24, 2021
Employees 2,840
Stock Exchange NYSE
Ticker Symbol BHG
Full Company Profile

Financial Performance

In 2022, BHG's revenue was $2.41 billion, an increase of 59.42% compared to the previous year's $1.51 billion. Losses were -$1.50 billion, 26.2% more than in 2021.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BHG stock is "Hold." The 12-month stock price forecast is $26.0, which is an increase of 240.76% from the latest price.

Price Target
$26.0
(240.76% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Bright Health Group Strengthens Capital Position with Amendment to its Credit Facility, Impending Close of the Sale of its California Medicare Advantage Business

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced that it entered into an...

2 days ago - Business Wire

BRIGHT HEALTH ALERT: Bragar Eagel & Squire, P.C. is Investigating Bright Health Group, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Bright Health Group, Inc. (NYSE: BHG) on beh...

4 weeks ago - Business Wire

Bright Health Group Reports Third Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers ...

7 weeks ago - Business Wire

Bright Health Group to Host Third Quarter 2023 Earnings Conference Call on November 7, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced it will report Third Quarter financial r...

2 months ago - Business Wire

Bright Health Group Continues to Make Significant Progress Towards ACA Insurance Business Wind-Down

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced it continues to make pr...

3 months ago - Business Wire

Bright Health Group Reports Second Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers ...

5 months ago - Business Wire

Bright Health Group Secures Financing to Support Operations Pending the Expected Close of California Medicare Advantage Business Sale

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced that it entered into a ...

5 months ago - Business Wire

Bright Health Group to Host Second Quarter 2023 Earnings Conference Call on August 9, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers with unmet clinic...

5 months ago - Business Wire

Molina Healthcare announces a $600 million deal with Bright Health

Molina Healthcare Inc (NYSE: MOH) is buying the California Medicare Advantage business from Bright Health Group Inc (NYSE: BHG). Details of the Bright Health-Molina agreement On Friday, the managed ca...

Other symbols: MOH
6 months ago - Invezz

Molina Healthcare to buy Bright Health Group's California Medicare business

Molina Healthcare Inc. MOH, +1.98% on Friday announced a deal to buy Bright Health Group Inc.'s BHG, -1.00% California Medicare Advantage business, Brand New Day and Central Health Plan of California,...

Other symbols: MOH
6 months ago - Market Watch

Bright Health Group Enters into Definitive Agreement with Molina Healthcare to Sell its California Medicare Advantage Business, Bolstering Capital Position to Continue Advancing its Value-Driven Care Model

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced that it has entered int...

6 months ago - Business Wire

Bright Health Group Reports First Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers ...

8 months ago - Business Wire

Bright Health Group Appoints Jay Matushak as Chief Financial Officer

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers ...

8 months ago - Business Wire

Bright Health Group to Explore Strategic Alternatives for Medicare Advantage Business as it Focuses on Driving Performance through its Consumer Care Delivery Business

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), today announced that it is exploring strategic alternatives for its California Medicare Advantag...

8 months ago - Business Wire

Bright Health Group to Host First Quarter 2023 Earnings Conference Call on May 9, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers with unmet clinic...

8 months ago - Business Wire

Bright Health Group Reports Fourth Quarter and Full Year 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers ...

10 months ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Bright Health Group, Inc. (BHG) and Encourages Long-Term BHG Investors to Contact the Firm

Philadelphia, Pennsylvania--(Newsfile Corp. - February 11, 2023) - Kaskela Law LLC announces that it is investigating Bright Health Group, Inc. (NYSE: BHG) on behalf of the company's long-term investo...

11 months ago - Newsfile Corp

Bright Health Group to Host Fourth Quarter 2022 Earnings Conference Call on March 1, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers with unmet clinic...

11 months ago - Business Wire

Bright Health Group Announces Updated 2023 Expectations Ahead of J.P. Morgan Healthcare Conference Presentation

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), a technology enabled, value-driven healthcare company serving aging and underserved consumers, today announced ...

1 year ago - Business Wire

Bright Health Group to Present at 41st Annual J.P. Morgan Healthcare Conference

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consumers with unmet clin...

1 year ago - Business Wire

Bright Health Group Receives Continued Listing Standard Notice from NYSE

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health Group” or the “Company”) (NYSE: BHG), today announced that on December 6, 2022, the Company received a written notice from the...

1 year ago - Business Wire

CORRECTING and REPLACING Bright Health Group Reports Third Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Original press release issued November 9, 2022 has been replaced with this version to correct a typographical error in the Financial Outlook section. “Adjusted EBITDA f...

1 year ago - Business Wire

NeueHealth and Medical Home Network Partner to Reduce Health Care Disparities through New ACO REACH Model

CHICAGO , Nov. 9, 2022 /PRNewswire/ -- NeueHealth Partners Community ACO, a partnership between NeueHealth and Medical Home Network, has been provisionally accepted to participate in the ACO REACH mod...

1 year ago - PRNewsWire

Bright Health Group Reports Third Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health Group” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved cons...

1 year ago - Business Wire

Bright Health Group to Host Third Quarter 2022 Earnings Conference Call on November 9, 2022

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG) today announced it will report Third Quarter financial results before the financial markets open on Wednesday, Nov...

1 year ago - Business Wire