Company Update (NYSE:UNH): UnitedHealthcare Community Plan Expands Service Area; Now Available in 43 New York Counties

[ Business Wire] – UnitedHealthcare Community Plan has expanded its service area to include five additional New York State counties where it offers the New York State sponsored health insurance programs Medicaid Managed Care. Read more on this. UnitedHealth Group Incorporated (UNH) , currently valued at $111.45B, started the session at $115.50. Looking at the equity, the company’s one day range is $115.20 to $117.94 with its 52-week range being $95.00 to $126.21. UnitedHealthcare (UNH) shares are currently priced at 14.90x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 15.38x earnings multiple for the same period. And for income investors, the company pays shareholders $2.00 per share annually in dividends, yielding 1.79%. In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $1.72 per share, which would be $0.17 better than the year-ago quarter and a $0.04 sequential increase. Investors should also note that the full-year EPS estimate of $7.73 is a $1.28 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $43.83 Billion. If realized, that would be a 22.57% increase over the year-ago quarter. Recently, Citigroup Initiated UNH at Buy (Oct 2, 2015). Previously, JP Morgan Initiated UNH at to Overweight. The average price target for UNH shares by the analysts covering the stock is $142.13, which is 23.06% above where the stock opened this morning. See more in (NYSE:UNH) Similar Articles: Company Update (NYSE:UNH): UnitedHealthcare and Optum Support People Affected by Floods in Illinois Company Update (NYSE:UNH): Injured Veterans to Cycle 460 Miles for the UnitedHealthcare Army/Navy Challenge Company Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealthcare and Optum Continue to Support People Affected by Wildfires in Washington State