|Bid||56.33 x 800|
|Ask||56.35 x 1300|
|Day's Range||56.02 - 56.71|
|52 Week Range||43.40 - 79.11|
|Beta (3Y Monthly)||2.11|
|PE Ratio (TTM)||69.35|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||65.09|
DaVita Inc. (NYSE: DVA) announced the preliminary results of its modified “Dutch auction” tender offer to repurchase up to $1.2 billion of its common stock. A "Dutch auction" is a public offering auction structure in which the price of the offering is set after taking in all bids, to determine the highest price at which the offering can be sold. DaVita then goes through those bids and starts purchasing stock back.
DENVER, Aug. 19, 2019 /PRNewswire/ -- DAVITA INC. (DVA), "DaVita," a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe and the largest provider of kidney care services in the U.S., announced today the preliminary results of its modified "Dutch auction" tender offer for up to $1.2 billion of its common stock at a price per share not less than $53.50 and not more than $61.50, which expired at 12:00 midnight, New York City time, at the end of the day on August 16, 2019. Based on the preliminary count by the depositary for the tender offer, a total of 21,969,132 shares of the Company's common stock were validly tendered and not validly withdrawn at or below the price of $56.50 per share, including 13,467,338 shares that were tendered through notice of guaranteed delivery.
SSM Health, a nonprofit health system that operates eight hospitals in the St. Louis area, has formed a joint venture with Paladina Health to offer local employers concierge-style primary care for their employees.
Throughout this month, U.S. stock markets are witnessing extreme volatility. Equities are suffering as investors are flocking to safe-haven sovereign bonds.
DENVER, Aug. 12, 2019 /PRNewswire/ -- DAVITA INC. (DVA) ( "DaVita" or the "Company"), a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe and the largest provider of kidney care services in the U.S., announced today that it has entered into a new $5.5 billion senior secured credit agreement, dated as of August 12, 2019, with the guarantors party thereto, the several banks and other financial institutions or entities party thereto, and Wells Fargo Bank, National Association, as administrative and collateral agent (the "New Credit Agreement"). The New Credit Agreement consists of a five-year secured revolving loan facility in an aggregate amount of $1.0 billion, a five-year secured term loan A facility with a delayed draw feature in an aggregate amount of $1.75 billion and a seven-year secured term loan B facility in an aggregate amount of $2.75 billion.
Zacks.com featured highlights include: DaVita, Kraton, ADT, Universal Forest Products and International Game
DaVita HealthCare (DVA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The Zacks Analyst Blog Highlights: Industrial Logistics, Medpace, Unitil, DaVita and Telephone and Data
The company has only signed two new leases in California this year, when it normally signs closer to 25.