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Citigroup Raises PT On Humana To $71
Tuesday, February 8, 2011 - 9:13am | 26Citigroup has raised the price target on Humana Inc. (NYSE: HUM) from $65 to $71 and maintains its Buy rating.
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Humana Reports Messy 4Q According To Citigroup
Monday, February 7, 2011 - 10:30am | 135Citigroup has published a research report on Humana Inc. (NYSE: HUM) after the company reported a "messy" 4Q. In the report, Citigroup writes "Earnings in the fourth quarter were $0.63 per share, $0.18 below consensus, mainly because of a $139 million ($0.51 per share) reserve charge related to a...
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Humana Reports 4Q EPS Below Consensus
Monday, February 7, 2011 - 10:13am | 124Deutsche Bank has published a research report on Humana, Inc. (NYSE: HUM) after the company reported 4Q EPS results that came in below consensus estimates. In the report, Deutsche Bank writes "The 4Q EPS includes approx $1.02 of primarily one-time expenses, including $0.52 of reserve strengthening...
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Jefferies Maintains Humana Estimates
Wednesday, December 22, 2010 - 8:46am | 89Following Humana's (NYSE: HUM) acquisition of Concentra, management raised 2011 financial guidance by $0.10 to $5.45 to $5.65, Jefferies reports. “This is in line with the estimate we provided at the time of the deal announcement (note published Nov 23, 2010),” Jefferies writes. “However, we...
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Citigroup Raises Humana 2011 EPS Projection
Wednesday, December 1, 2010 - 10:19am | 94Citigroup is raising its Humana Inc. (NYSE: HUM) 2011 EPS projection by $0.10, to $6.10, because of the Concentra acquisition. “We're lukewarm on the transaction, as its chief attribute seems to be the small diversification it brings to Humana's operations,” Citigroup writes. “The accretion from...
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Deutsche Bank On Managed Care
Tuesday, November 23, 2010 - 8:09am | 291Deutsche Bank has issued a report on Managed Care and it's aftermath of the final MLR regulations. In the report, Deutsche Bank writes "Following many months of market anticipation, HHS has now formally certified the minimum MLR model regulation that was proposed by the NAIC. HHS accepted virtually...
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Jefferies Reduces Price Target on Humana
Friday, November 19, 2010 - 10:45am | 116Jefferies has decreased its price target on Humana (NYSE: HUM) following 2011 guidance that was lower than expected. In a note to clients, Jefferies writes, "'11 EPS guidance range of $5.35-$5.55 was 12% below our est. Consistent with its historical approach, Humana bids its MA plans according to...
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Humana's Investor Day Summary
Friday, November 19, 2010 - 9:40am | 103Deutsche Bank has published a research report on Humana (NYSE: HUM) following the company's Investor Day. In the report, Deutsche Bank writes "Humana's initial 2011 EPS guidance of $5.35-5.55 came in 11% below the Street's estimate of $6.11 and also below our $5.80 forecast. While Humana's guidance...
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Jefferies Previews Humana's Investor Day
Wednesday, November 17, 2010 - 9:47am | 113Jefferies has published its research report on Humana (NYSE: HUM) previewing their investor day. Jefferies expects 2011 revenue of $35.9 billion and EPS of $6.18 which are 4% and 1% respectively above consensus. They also expect medical membership growth of 2.4% YoY. Consensus 2011 EPS is $6.11...
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Citigroup Expects Humana To Guide Around $6 In Earnings
Tuesday, November 2, 2010 - 8:06am | 75Citigroup said that it expects Humana, Inc. (NYSE: HUM) to guide to around $6 in earnings for 2011. “That's down quite a bit from our upwardly revised 2010 EPS projection of $7.15, as Humana has benefited from over $0.70 of favorable development, while we think 2011 guidance will assume Medicare...
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Outperform Reiterated For HUM, QLGC
Friday, October 8, 2010 - 10:43am | 42Wedbush has reiterated its Outperform rating on the following companies: Humana (NYSE: HUM) price target raised from $53 to $58 QLogic (NASDAQ: QLGC) price target lowered from $25 to $22
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Deutsche Bank Breaking News On Managed Care
Friday, September 24, 2010 - 7:22am | 329Deutsche Bank published a managed care industry alert report that stated: "As indicated in the NAIC press conference held on 9/22, the draft NAIC regulation excludes from the premium calculation (for the purpose of MLR rebates) federal and state taxes, with the exception of certain items such as...
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BCBS-NC Files For Rate Increases
Wednesday, August 25, 2010 - 10:40am | 344Deutsche Bank has issued an industry alert report on the Managed Care sector rate filings published by Blue Cross Blue Shield of North Carolina (BCBS-NC). This report was submitted by BCBS-NC to the NC Department of Insurance for plan effective January 1, 2011, when some of the initial health care...
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The Street Makes a Killing Helping Insurers Kill Customers
Monday, December 7, 2009 - 3:18pm | 338Do you know what a medical loss ratio (MLR) is? If you like to invest in health insurance stocks, you probably do. And with the obscene profits these companies have been reaping, the subsequent returns make them attractive to many investors. The MLR is basically the calculation of how much of...