Magellan Health Company Profile (NASDAQ:MGLN)

About Magellan Health

Magellan Health logoMagellan Health, Inc. is engaged in the healthcare management business. The Company's segments include Healthcare, Pharmacy Management and Corporate. It is focused on managing special populations, complete pharmacy benefits and other specialty areas of healthcare. Its Healthcare includes its management of behavioral healthcare services and employee assistance program (EAP) services, management of other specialty areas, including diagnostic imaging and musculoskeletal management, and the integrated management of physical, behavioral and pharmaceutical healthcare for special populations, delivered through Magellan Complete Care (MCC). Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists primarily of operational support functions. It provides services to health plans and other managed care organizations (MCOs).

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Health Care Plans
  • Sub-Industry: Managed Health Care
  • Exchange: NASDAQ
  • Symbol: MGLN
  • CUSIP: 55907920
Key Metrics:
  • Previous Close: $74.35
  • 50 Day Moving Average: $76.73
  • 200 Day Moving Average: $65.14
  • 52-Week Range: $23,241,000.00 - $49.50
  • Trailing P/E Ratio: 25.99
  • Foreward P/E Ratio: 15.75
  • P/E Growth: -13.42
  • Market Cap: $1.73B
  • Outstanding Shares: 23,241,000
  • Beta: 0.7
Profitability:
  • Net Margins: 1.45%
  • Return on Equity: 7.96%
  • Return on Assets: 3.96%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.43%
Additional Links:
Companies Related to Magellan Health:

Analyst Ratings

Consensus Ratings for Magellan Health (NASDAQ:MGLN) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $78.33 (5.36% upside)

Analysts' Ratings History for Magellan Health (NASDAQ:MGLN)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Jefferies Group LLCReiterated RatingBuy$88.00View Rating Details
11/28/2016Leerink SwannReiterated RatingMarket Perform$60.00 -> $78.00View Rating Details
11/23/2016Barclays PLCBoost Price TargetUnderweight$61.00 -> $69.00View Rating Details
6/30/2016KeyCorpInitiated CoverageEqual WeightView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Magellan Health (NASDAQ:MGLN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
2/24/2017Q416$1.68$1.80$1.33 billion$1.26 billionViewN/AView Earnings Details
11/9/2016Q316$0.67$1.39$1.22 billion$1.29 billionViewListenView Earnings Details
7/29/2016Q216$0.62$0.58$1.15 billion$1.16 billionViewListenView Earnings Details
5/5/2016Q116$0.55$0.54$1.04 billion$1.12 billionViewN/AView Earnings Details
2/29/2016Q415$0.83$1.39$1.23 billion$1.27 billionViewListenView Earnings Details
10/27/2015Q315$0.49$0.76$1.19 billion$1.19 billionViewListenView Earnings Details
7/27/2015Q215$0.38$0.17$1.09 billion$1.16 billionViewListenView Earnings Details
4/30/2015Q115$0.38$0.73$1.02 billion$981.00 millionViewN/AView Earnings Details
2/26/2015Q414$0.51$1.32$980.37 million$982.50 millionViewListenView Earnings Details
10/24/2014Q314$0.47$1.30$930.10 million$823.20 millionViewListenView Earnings Details
7/25/2014Q214$0.56$0.39$863.10 million$888.00 millionViewListenView Earnings Details
4/29/2014Q114$0.75$0.92$1,000.00 million$966.50 millionViewListenView Earnings Details
3/3/2014Q413$0.83$0.67$990.55 million$1.01 millionViewN/AView Earnings Details
10/24/2013Q313$1.01$1.70$875.26 million$873.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013$1.01$1.15$852.42 million$842.70 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.88$1.01$864.04 million$821.30 millionViewN/AView Earnings Details
2/28/2013Q4 2012$1.05$1.32$835.55 million$830.30 millionViewN/AView Earnings Details
10/26/2012Q312$0.96$1.12$845.16 million$798.40 millionViewN/AView Earnings Details
7/27/2012$0.91$0.97ViewN/AView Earnings Details
4/27/2012$0.90$0.75ViewN/AView Earnings Details
2/28/2012$0.77$1.05ViewN/AView Earnings Details
10/27/2011$0.84$1.03ViewN/AView Earnings Details
7/29/2011$0.86$1.07ViewN/AView Earnings Details
4/29/2011$0.79$1.02ViewN/AView Earnings Details
2/24/2011$0.91$0.95ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magellan Health (NASDAQ:MGLN)
Current Year EPS Consensus Estimate: $3.11 EPS
Next Year EPS Consensus Estimate: $4.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.43$0.52$0.48
Q2 20165$0.45$0.63$0.55
Q3 20163$0.57$0.72$0.66
Q4 20163$1.29$1.44$1.38
Q1 20172$0.68$0.87$0.78
Q2 20171$0.90$0.90$0.90
Q3 20171$1.05$1.05$1.05
Q4 20171$1.17$1.17$1.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Magellan Health (NASDAQ:MGLN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Magellan Health (NASDAQ:MGLN)
Insider Ownership Percentage: 3.60%
Institutional Ownership Percentage: 93.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2017Jeffrey N WestSVPSell15,055$76.46$1,151,105.30View SEC Filing  
2/1/2017Jeffrey N WestSVPSell3,346$76.05$254,463.30View SEC Filing  
12/8/2016Clapper Caskie LewisInsiderSell55,590$74.43$4,137,563.70View SEC Filing  
12/7/2016Jonathan N RubinCFOSell42,966$73.27$3,148,118.82View SEC Filing  
12/5/2016Jonathan N RubinCFOSell1,600$73.05$116,880.00View SEC Filing  
12/1/2016Jonathan N RubinCFOSell1,150$73.23$84,214.50View SEC Filing  
11/30/2016Jonathan N RubinCFOSell7,620$73.01$556,336.20View SEC Filing  
11/29/2016Jonathan N RubinCFOSell7,177$73.01$523,992.77View SEC Filing  
7/12/2016Jeffrey N WestSVPBuy267$51.99$13,881.33View SEC Filing  
1/15/2016Jeffrey N WestSVPBuy105$52.41$5,503.05View SEC Filing  
7/15/2015Jeffrey N WestSVPBuy298$50.22$14,965.56View SEC Filing  
3/19/2015Daniel N GregoireGeneral CounselSell26,232$68.47$1,796,105.04View SEC Filing  
3/16/2015Daniel N GregoireGeneral CounselSell15,528$66.80$1,037,270.40View SEC Filing  
3/16/2015Jonathan N RubinCFOSell21,270$66.59$1,416,369.30View SEC Filing  
3/13/2015Daniel N GregoireGeneral CounselSell9,765$66.21$646,540.65View SEC Filing  
3/2/2015Daniel N GregoireGeneral CounselSell20,365$64.48$1,313,135.20View SEC Filing  
6/30/2014Daniel N GregoireGeneral CounselSell21,675$62.25$1,349,268.75View SEC Filing  
6/26/2014Jonathan N RubinCFOSell29,700$61.92$1,839,024.00View SEC Filing  
6/25/2014Jonathan N RubinCFOSell18,400$62.40$1,148,160.00View SEC Filing  
6/24/2014Jonathan N RubinCFOSell19,200$62.46$1,199,232.00View SEC Filing  
6/23/2014Jonathan N RubinCFOSell21,700$62.73$1,361,241.00View SEC Filing  
6/20/2014Jonathan N RubinCFOSell31,200$62.99$1,965,288.00View SEC Filing  
6/19/2014Jonathan N RubinCFOSell18,600$62.73$1,166,778.00View SEC Filing  
6/18/2014Jonathan N RubinCFOSell35,896$62.79$2,253,909.84View SEC Filing  
6/17/2014Jonathan N RubinCFOSell23,996$62.22$1,493,031.12View SEC Filing  
6/16/2014Jonathan N RubinCFOSell13,041$62.18$810,889.38View SEC Filing  
6/16/2014Tina BlasiCEOSell10,775$62.07$668,804.25View SEC Filing  
6/13/2014Tina BlasiCEOSell10,247$62.03$635,621.41View SEC Filing  
5/19/2014Barry SmithCEOBuy10,000$58.56$585,600.00View SEC Filing  
5/14/2014Robert LeblancDirectorBuy10,000$55.60$556,000.00View SEC Filing  
3/6/2014Tina BlasiCEOSell10,527$60.42$636,041.34View SEC Filing  
12/20/2013Daniel GregoireGeneral CounselSell10,631$58.00$616,598.00View SEC Filing  
12/3/2013Rene LererChairmanSell28,321$61.01$1,727,864.21View SEC Filing  
12/2/2013Rene LererChairmanSell36,000$61.30$2,206,800.00View SEC Filing  
11/26/2013Rene LererChairmanSell5,055$60.75$307,091.25View SEC Filing  
11/22/2013Rene LererChairmanSell14,700$60.67$891,849.00View SEC Filing  
11/18/2013Rene LererChairmanSell33,215$61.34$2,037,408.10View SEC Filing  
11/14/2013Rene LererDirectorSell52,541$59.99$3,151,934.59View SEC Filing  
11/12/2013Rene LererChairmanSell36,500$59.34$2,165,910.00View SEC Filing  
11/8/2013Rene LererChairmanSell15,200$59.62$906,224.00View SEC Filing  
11/6/2013Rene LererChairmanSell96,773$59.27$5,735,735.71View SEC Filing  
11/4/2013Rene LererChairmanSell62,900$59.01$3,711,729.00View SEC Filing  
10/24/2013Tina BlasiCEOSell12,331$62.00$764,522.00View SEC Filing  
7/11/2013Jonathan N RubinCFOSell24,500$57.53$1,409,485.00View SEC Filing  
7/9/2013Jonathan N RubinCFOSell27,950$57.92$1,618,864.00View SEC Filing  
7/8/2013Jonathan N RubinCFOSell6,150$57.05$350,857.50View SEC Filing  
6/19/2013Jonathan N RubinCFOSell1,600$57.06$91,296.00View SEC Filing  
6/3/2013Clapper Caskie LewisInsiderSell43,399$55.00$2,386,945.00View SEC Filing  
5/31/2013Clapper Caskie LewisInsiderSell14,002$55.00$770,110.00View SEC Filing  
10/5/2012Tina BlasiCEOSell3,000$52.06$156,180.00View SEC Filing  
10/3/2012Tina BlasiCEOSell1,955$52.03$101,718.65View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magellan Health (NASDAQ:MGLN)
DateHeadline
finance.yahoo.com logo6:32 am Magellan Health beats by $0.12, misses on revs; guides FY17 EPS in-line, revs in-line (NASDAQ:MGLN)
finance.yahoo.com - February 25 at 6:12 PM
marketexclusive.com logoMAGELLAN HEALTH,INC. (NASDAQ:MGLN) Files An 8-K Results of Operations and Financial Condition (NASDAQ:MGLN)
marketexclusive.com - February 25 at 12:46 AM
finance.yahoo.com logoEdited Transcript of MGLN earnings conference call or presentation 24-Feb-17 2:00pm GMT (NASDAQ:MGLN)
finance.yahoo.com - February 25 at 12:46 AM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NASDAQ:MGLN)
biz.yahoo.com - February 24 at 7:45 PM
businesswire.com logoMagellan Health Reports Fourth Quarter 2016 and Full Year Financial Results (NASDAQ:MGLN)
www.businesswire.com - February 24 at 9:28 AM
News IconHow Magellan Health Inc’s (MGLN) 6.1% ROE Fares Against The Industry? (NASDAQ:MGLN)
simplywall.st - February 24 at 9:28 AM
sg.finance.yahoo.com logoMagellan Health beats 4Q profit forecasts (NASDAQ:MGLN)
sg.finance.yahoo.com - February 24 at 9:28 AM
biz.yahoo.com logoQ4 2016 Magellan Health Inc Earnings Release - Before Market Open (NASDAQ:MGLN)
biz.yahoo.com - February 24 at 9:28 AM
nasdaq.com logoMagellan Health Reaches Analyst Target Price (NASDAQ:MGLN)
www.nasdaq.com - February 23 at 6:35 PM
4-traders.com logoMagellan Health Inc : annual earnings release (NASDAQ:MGLN)
www.4-traders.com - February 21 at 6:22 PM
finance.yahoo.com logoMagellan Health Selected as One of Fortune Magazine’s World’s Most Admired Companies (NASDAQ:MGLN)
finance.yahoo.com - February 20 at 10:08 AM
4-traders.com logoMagellan Health : MGLN) Enters Deal in Virginia for Commonwealth Coordinated Care Plus Program (NASDAQ:MGLN)
www.4-traders.com - February 14 at 8:04 PM
News IconMagellan Health Inc MGLN Pharmaceuticals Healthcare Deals and Alliances Profile Prices from USD $250 (NASDAQ:MGLN)
www.bioportfolio.com - February 14 at 8:04 PM
4-traders.com logoMagellan Health : Complete Care of Virginia Enters into Contract for Commonwealth Coordinated Care Plus Program (NASDAQ:MGLN)
www.4-traders.com - February 13 at 7:41 PM
streetinsider.com logoMagellan Health (MGLN) Enters Deal in Virginia for Commonwealth Coordinated Care Plus Program (NASDAQ:MGLN)
www.streetinsider.com - February 13 at 7:41 PM
us.rd.yahoo.com logo6:00 am Magellan Health enters into a contract with the Commonwealth of Virginia to participate statewide in the Commonwealth Coordinated Care Plus Program (NASDAQ:MGLN)
us.rd.yahoo.com - February 13 at 10:16 AM
us.rd.yahoo.com logoMagellan Complete Care of Virginia Enters into Contract for Commonwealth Coordinated Care Plus Program (NASDAQ:MGLN)
us.rd.yahoo.com - February 13 at 10:16 AM
feeds.benzinga.com logoMYnd Analytics Invited to Participate At Cavendish Global Health Impact Forum (NASDAQ:MGLN)
feeds.benzinga.com - February 7 at 9:19 AM
capitalcube.com logoMagellan Health, Inc. – Value Analysis (NASDAQ:MGLN) : February 1, 2017 (NASDAQ:MGLN)
www.capitalcube.com - February 1 at 7:24 PM
capitalcube.com logoMagellan Health, Inc. breached its 50 day moving average in a Bearish Manner : MGLN-US : January 31, 2017 (NASDAQ:MGLN)
www.capitalcube.com - January 31 at 7:26 PM
News IconMagellan Health: Announces Appointment of Amie Goldman to the Wisconsin Long Term Care Advisory Council (NASDAQ:MGLN)
www.wisbusiness.com - January 25 at 7:59 PM
4-traders.com logoMagellan Health : Announces Fourth Quarter 2016 Earnings Conference Call (NASDAQ:MGLN)
www.4-traders.com - January 25 at 12:16 AM
finance.yahoo.com logoMagellan Health Announces Fourth Quarter 2016 Earnings Conference Call (NASDAQ:MGLN)
finance.yahoo.com - January 24 at 7:15 PM
finance.yahoo.com logoMagellan Announces Appointment of Amie Goldman to the Wisconsin Long Term Care Advisory Council (NASDAQ:MGLN)
finance.yahoo.com - January 23 at 10:14 AM
zacks.com logoTop Ranked Growth Stocks to Buy for January 18th (NASDAQ:MGLN)
www.zacks.com - January 18 at 7:04 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Magellan Health, Inc. (NASDAQ:MGLN) At $24.627 Millions (NASDAQ:MGLN)
www.realistinvestor.com - January 17 at 6:51 PM
finance.yahoo.com logo5 Reasons to Buy Magellan Health (MGLN) Stock Right Now (NASDAQ:MGLN)
finance.yahoo.com - January 16 at 7:04 PM
marketexclusive.com logoMAGELLAN HEALTH,INC. (NASDAQ:MGLN) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:MGLN)
marketexclusive.com - January 12 at 12:07 AM
nasdaq.com logoUnitedHealth's Unit to Expand Outpatient Surgical Procedures (NASDAQ:MGLN)
www.nasdaq.com - January 10 at 7:25 PM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:MGLN)
biz.yahoo.com - January 10 at 7:25 PM
News IconMagellan Health Provides Free Counseling Services & Resources to Individuals Impacted by Shootings at Ft. Lauderdale-Hollywoo... (NASDAQ:MGLN)
ih.advfn.com - January 7 at 5:15 AM
finance.yahoo.com logoMagellan Health Provides Free Counseling Services and Resources to Individuals Impacted by Shootings at Ft. Lauderdale-Hollywood International Airport (NASDAQ:MGLN)
finance.yahoo.com - January 6 at 7:13 PM
finance.yahoo.com logoWellCare Health (WCG) Wraps Up Care1st Arizona Acquisition (NASDAQ:MGLN)
finance.yahoo.com - January 5 at 7:55 PM
finance.yahoo.com logoThe Ensign Group Buys 15 Assisted Living Operation Assets (NASDAQ:MGLN)
finance.yahoo.com - December 28 at 10:22 AM
marketexclusive.com logoAnalyst Activity – Jefferies Group Reiterates Buy on Magellan Health Services (NASDAQ:MGLN) (NASDAQ:MGLN)
marketexclusive.com - December 25 at 10:05 AM
finance.yahoo.com logoMoving Average Crossover Alert: Magellan Health (MGLN) (NASDAQ:MGLN)
finance.yahoo.com - December 23 at 6:45 PM
4-traders.com logoMAGELLAN HEALTH INC : Other Events (form 8-K) (NASDAQ:MGLN)
www.4-traders.com - December 22 at 6:50 PM
finance.yahoo.com logoShould The Ensign Group (ENSG) Stock Be in Your Portfolio? (NASDAQ:MGLN)
finance.yahoo.com - December 21 at 9:03 AM
finance.yahoo.com logo3 Reasons Value Stock Investors Will Love Magellan Health (MGLN) (NASDAQ:MGLN)
finance.yahoo.com - December 20 at 12:28 PM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Other Events (NASDAQ:MGLN)
biz.yahoo.com - December 14 at 7:11 PM
finance.yahoo.com logoIs the Obamacare Panic Overdone for Health Insurance Stocks? (NASDAQ:MGLN)
finance.yahoo.com - December 14 at 7:11 PM
insidermonkey.com logoShould You Avoid Magellan Health Inc (MGLN)? (NASDAQ:MGLN)
www.insidermonkey.com - December 13 at 6:56 PM
News IconMagellan Health Inc (NASDAQ:MGLN) Ratings Coverage (NASDAQ:MGLN)
www.whatsonthorold.com - December 10 at 5:58 PM
finance.yahoo.com logoMagellan Health, Textainer Group Holdings, SoftBank, Sprint and T-Mobile highlighted as Zacks Bull and Bear of the Day (NASDAQ:MGLN)
finance.yahoo.com - December 8 at 7:03 PM
insidermonkey.com logoDo Hedge Funds Love Advanced Drainage Systems Inc (WMS)? (NASDAQ:MGLN)
www.insidermonkey.com - December 8 at 9:59 AM
finance.yahoo.com logoBull of the Day: Magellan Health (MGLN) (NASDAQ:MGLN)
finance.yahoo.com - December 8 at 9:59 AM
finance.yahoo.com logoEarnings Estimates Moving Higher for Magellan Health (MGLN): Time to Buy? (NASDAQ:MGLN)
finance.yahoo.com - December 7 at 9:54 AM
News IconMagellan Health Provides Free Counseling Services and Resources to Individuals ... (NASDAQ:MGLN)
sports.yahoo.com - December 2 at 9:18 AM
finance.yahoo.com logoMagellan Health Provides Free Counseling Services and Resources to Individuals Impacted by Wildfires in Tennessee and Tornadoes across the Southern United States (NASDAQ:MGLN)
finance.yahoo.com - December 1 at 6:28 PM
News IconInsider Activity: Jonathan Rubin, an Insider in Magellan Health Inc (NASDAQ:MGLN), Unloaded 7177 shares of the Company (NASDAQ:MGLN)
www.whatsonthorold.com - December 1 at 9:39 AM

Social

What is Magellan Health's stock symbol?

Magellan Health trades on the NASDAQ under the ticker symbol "MGLN."

Where is Magellan Health's stock going? Where will Magellan Health's stock price be in 2017?

4 brokers have issued 12 month price objectives for Magellan Health's shares. Their predictions range from $69.00 to $88.00. On average, they expect Magellan Health's share price to reach $78.33 in the next year.

When will Magellan Health announce their earnings?

Magellan Health is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Magellan Health stock?

Magellan Health's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.40%), Renaissance Technologies LLC (4.69%), Orbimed Advisors LLC (3.45%), State Street Corp (2.76%), Prudential PLC (1.81%) and William Blair Investment Management LLC (1.04%). Company insiders that own Magellan Health stock include Clapper Caskie Lewis, Daniel N Gregoire, Jeffrey N West and Jonathan N Rubin.

Who sold Magellan Health stock? Who is selling Magellan Health stock?

Magellan Health's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, GSA Capital Partners LLP, Renaissance Technologies LLC, Guggenheim Capital LLC, Systematic Financial Management LP, Cortina Asset Management LLC, Martingale Asset Management L P and AQR Capital Management LLC. Company insiders that have sold Magellan Health stock in the last year include Clapper Caskie Lewis, Jeffrey N West and Jonathan N Rubin.

Who bought Magellan Health stock? Who is buying Magellan Health stock?

Magellan Health's stock was acquired by a variety of institutional investors in the last quarter, including Numeric Investors LLC, Bogle Investment Management L P DE, Two Sigma Investments LP, Orbimed Advisors LLC, Russell Investments Group Ltd., Marshall Wace LLP, A.R.T. Advisors LLC and Clark Capital Management Group Inc..

How do I buy Magellan Health stock?

Shares of Magellan Health can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Magellan Health stock cost?

One share of Magellan Health stock can currently be purchased for approximately $74.35.

Magellan Health (NASDAQ:MGLN) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Magellan Health (NASDAQ:MGLN)

Earnings History Chart

Earnings by Quarter for Magellan Health (NASDAQ:MGLN)

Dividend History Chart

Dividend Payments by Quarter for Magellan Health (NASDAQ:MGLN)

Last Updated on 2/26/2017 by MarketBeat.com Staff