YOLFTbeta
Clover Health Investments Corp

Clover Health Investments Corp

CLOV · NASDAQ · Healthcare / Healthcare Plans

4.96USD+0.08 (+1.64%)

Price History

Full chart

Market Stats

Previous Close4.88
Open4.90
Day Range4.62 – 4.96
52-Week Range1.58 – 5.59
Volume4.78M
Market Cap2.38B
P/E (TTM)0.00
Forward P/E37.74
EPS-0.05
Dividend Yield0.00%
Beta2.48
50-Day Avg4.42
200-Day Avg3.28

About

Clover Health Investments, Corp. provides medicare advantage plans in the United States. The company offers preferred provider organization and health maintenance organization plans to medicare-eligible individuals. It also operates Clover Assistant, a software platform for physicians to detect, identify, and manage chronic diseases. The company was founded in 2014 and is based in Wilmington, Delaware.

Company Details

  • SectorHealthcare
  • IndustryHealthcare Plans
  • CEOMr. Andrew Toy
  • Employees724
  • Headquarters1209 Orange Street, Wilmington, DE, United States, 19801, USA
  • Websitehttps://www.cloverhealth.com

Leadership

  • Mr. Vivek GaripalliCo-Founder & Executive Chairman · b. 1979
  • Mr. Andrew ToyCo-Founder, CEO & Director · b. 1979
  • Ms. Jamie L. ReynosoChief Executive Officer of Medicare Advantage · b. 1969
  • Mr. Conrad WaiCEO of Counterpart Health · b. 1981
  • Mr. Clay ThorntonInterim Chief Financial Officer · b. 1990
  • Mr. Joseph Frank OldakowskiVP of Finance, Controller & Principal Accounting Officer · b. 1983
  • Ms. Wendy RicheyChief Compliance Officer
  • Ms. Karen SoaresChief Legal Officer, General Counsel, Senior VP & Corporate Secretary · b. 1978
  • Ms. Rachel FishChief People Officer
  • Dr. Kumar DharmarajanChief Medical Officer of Clover Assistant · b. 1980

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue281.02M462.27M672.89M1.47B1.10B1.26B1.37B1.92B
Growth (%)-+64.49%+45.56%+118.76%-25.51%+14.96%+8.77%+40.34%
Cost of Revenue-449.70M590.08M1.55B993.07M1.00B1.01B1.57B
Gross Profit281.02M12.56M82.81M-79.18M103.48M255.95M364.80M355.88M
Gross Margin100.00%2.72%12.31%-5.38%9.44%20.30%26.61%18.49%
Operating Expense466.82M195.76M175.51M557.81M390.14M461.28M410.55M441.41M
Operating Income-185.80M-183.20M-92.71M-636.99M-286.66M-205.33M-45.75M-85.53M
Operating Margin-66.11%-39.63%-13.78%-43.27%-26.14%-16.29%-3.34%-4.44%
EBITDA-16.13M-324.12M-78.73M-569.60M-252.03M-207.63M-44.94M-83.86M
EBITDA Margin-5.74%-70.12%-11.70%-38.70%-22.98%-16.47%-3.28%-4.36%
Net Income-201.93M-363.74M-136.39M-587.76M-339.57M-213.36M-43.01M-85.55M
Net Income Margin-71.85%-78.69%-20.27%-39.93%-30.97%-16.93%-3.14%-4.45%
Interest Expense039.07M57.11M16.91M1.36M7.00K00
Interest Expense % of Total Revenue0.00%8.45%8.49%1.15%0.12%0.00%0.00%0.00%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets210.60M100.35K267.25M950.80M808.62M570.67M580.74M541.01M
Total Liabilities265.42M117.98K880.45M411.49M451.73M284.28M239.60M232.31M
Total Equity-54.83M-17.63K-617.10M535.41M356.89M286.39M341.14M308.70M
Cash75.40M67.60M92.35M299.97M103.79M116.41M194.54M78.30M
Total Debt49.25M57.92M138.36M27.83M5.86M4.66M--
Net Debt-26.15M-9.68M46.01M-272.14M-97.93M-111.74M-194.54M-78.30M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-153.28M-159.88M-118.50M-282.33M-203.93M-115.87M34.84M-66.93M
Investing Cash Flow97.53M-181.91M141.31M-435.45M95.13M140.01M565.00K4.08M
Financing Cash Flow74.59M333.98M1.94M925.39M-4.96M-33.86M-17.36M-53.38M
Capital Expenditure1.48M23.00K693.00K723.00K4.47M584.00K1.56M2.04M
Free Cash Flow-154.76M-159.90M-119.19M-283.05M-208.39M-116.45M33.29M-68.98M
Dividends Paid--957.00K305.00K----
FCF to OCF100.96%100.01%100.58%100.26%102.19%100.50%95.53%103.05%
Dividend Paid to FCF---0.80%-0.11%----

Earnings

Report DateMar 31, 2019Jun 30, 2019Sep 30, 2019Mar 31, 2020Jun 4, 2020Aug 13, 2020Dec 2, 2020Mar 1, 2021May 17, 2021Aug 11, 2021Nov 9, 2021Feb 23, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 6, 2023Mar 12, 2024May 7, 2024Aug 5, 2024Nov 6, 2024Mar 10, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 26, 2026May 6, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate0.000.000.000.000.00-0.30-0.84-0.10-0.14-0.23-0.26-0.27-0.20-0.24-0.26-0.17-0.13-0.11-0.14-0.08-0.04-0.03-0.07-0.070.030.02-0.110.070.05-0.01
EPS Actual-2.76-2.76-1.21-0.27-0.270.300.30-1.90-0.13-0.78-0.08-0.28-0.16-0.22-0.16-0.17-0.14-0.05-0.08-0.14-0.050.02-0.02-0.050.050.03-0.05-0.100.070.06-
Surprise-------0.37%-126.19%-30.00%-457.14%65.22%-7.69%40.74%-10.00%33.33%34.62%17.65%61.54%27.27%0.00%37.50%150.00%33.33%23.08%171.43%0.00%-350.00%9.09%0.00%20.00%-
Timing-------After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap2.38B
Enterprise Value2.10B
Trailing P/E0.00
Forward P/E37.74
Price / Sales0.96
Price / Book6.45
EPS-0.05
Book Value0.711
Revenue (TTM)2.48B
Gross Profit (TTM)459.13M
EBITDA-17.96M
Profit Margin-0.74%
Operating Margin3.77%
Return on Equity-5.10%
Return on Assets-1.77%
Shares Outstanding435.44M
Shares Float413.26M
Beta2.48
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 5.38
  • Strong Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
34.00%
Insiders
4.25%
Retail / Other
61.75%

Top Institutional Holders

  • BlackRock Inc
    31.84M5.99%
  • Vanguard Capital Management, LLC
    16.98M3.20%
  • Geode Capital Management, LLC
    10.06M1.89%
  • State Street Corp
    9.56M1.80%
  • Charles Schwab Investment Management Inc
    5.30M1.00%
  • PNC Financial Services Group Inc
    3.76M0.71%
  • Vanguard Portfolio Management, LLC
    3.70M0.70%
  • Renaissance Technologies Corp
    3.40M0.64%
  • Northern Trust Corp
    3.31M0.62%
  • Dimensional Fund Advisors, Inc.
    3.15M0.59%
  • Vanguard Fiduciary Trust Co
    2.81M0.53%
  • Morgan Stanley - Brokerage Accounts
    2.19M0.41%
  • The Goldman Sachs Group Inc
    2.17M0.41%
  • Citadel Advisors Llc
    2.16M0.41%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    13.01M2.45%
  • iShares Russell 2000 ETF
    10.96M2.06%
  • Fidelity Small Cap Index
    4.56M0.86%
  • iShares Russell 2000 Growth ETF
    3.99M0.75%
  • Vanguard Russell 2000 ETF
    2.42M0.46%
  • Fidelity Extended Market Index
    2.01M0.38%

Dividends

20211×
0.10Aug 23, 2021