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China using civilian ships to enhance navy capability, reach
'A Gold Storm Is Coming' (Ad)
German leader seeks energy deals, alliances on Gulf trip
World Bank head says he's not a climate denier, won't quit
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
'A Gold Storm Is Coming' (Ad)
MarketBeat: Week in Review 9/19 – 9/23
China using civilian ships to enhance navy capability, reach
'A Gold Storm Is Coming' (Ad)
German leader seeks energy deals, alliances on Gulf trip
World Bank head says he's not a climate denier, won't quit
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Judge rejects Justice Dept.'s bid to stop sugar merger
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
'A Gold Storm Is Coming' (Ad)
MarketBeat: Week in Review 9/19 – 9/23
China using civilian ships to enhance navy capability, reach
'A Gold Storm Is Coming' (Ad)
German leader seeks energy deals, alliances on Gulf trip
World Bank head says he's not a climate denier, won't quit
NASDAQ:MGLN

Magellan Health - MGLN Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
$94.99
$94.99
50-Day Range
$94.25
$94.99
52-Week Range
$91.04
$99.36
Volume
N/A
Average Volume
238,670 shs
Market Capitalization
$2.50 billion
P/E Ratio
8.28
Dividend Yield
N/A
Price Target
N/A
MGLN stock logo

About Magellan Health (NASDAQ:MGLN) Stock

Magellan Health, Inc. engages in the business of healthcare management. It operates through the following segments: Healthcare, Pharmacy Management and Corporate. The Healthcare segment includes the Behavioral & Specialty Health reporting unit, which provides carve-out management services for behavioral health, employee assistance plans, and other areas of specialty healthcare. The Pharmacy Management segment comprises of services that provide clinical and financial management of pharmaceuticals paid under both the medical and the pharmacy benefit. The Corporate segment covers amounts not allocated to the Healthcare and Pharmacy Management segments. The company was founded in 1969 and is headquartered in Phoenix, AZ.

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MGLN Stock News Headlines

Centene completes $2.2B buyout of Magellan Health
iTeos Therapeutics Set to Join S&P SmallCap 600
Should I Avoid Magellan Health Inc (MGLN)?
Magellan Health Services(MGLN)
See More Headlines

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MGLN Company Calendar

Last Earnings
11/05/2021
Today
9/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Hospitals
Sub-Industry
Managed Health Care
Sector
Medical
Current Symbol
NASDAQ:MGLN
CUSIP
55907920
Employees
9,000
Year Founded
N/A

Profitability

Net Income
$382.33 million
Pretax Margin
-0.08%

Debt

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$5.57 per share
Book Value
$73.03 per share

Miscellaneous

Free Float
22,619,000
Market Cap
$2.50 billion
Optionable
Optionable
Beta
1.03

Key Executives

  • Kenneth J. Fasola
    Chief Executive Officer & Director
  • James E. Murray
    President & Chief Operating Officer
  • David Patrick Bourdon
    Chief Financial Officer
  • Caroline Carney
    Chief Medical Officer
  • Jeffrey N. West
    Principal Accounting Officer, SVP & Controller













MGLN Stock - Frequently Asked Questions

How were Magellan Health's earnings last quarter?

Magellan Health, Inc. (NASDAQ:MGLN) issued its quarterly earnings results on Friday, November, 5th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.37 by $0.34. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. Magellan Health had a trailing twelve-month return on equity of 1.81% and a net margin of 6.26%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm earned $0.08 earnings per share.

What is Kenneth J. Fasola's approval rating as Magellan Health's CEO?

31 employees have rated Magellan Health Chief Executive Officer Kenneth J. Fasola on Glassdoor.com. Kenneth J. Fasola has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Magellan Health own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magellan Health investors own include Energy Transfer (ET), General Motors (GM), NVIDIA (NVDA), Boeing (BA), Netflix (NFLX), UnitedHealth Group (UNH), Broadcom (AVGO), Mastercard (MA), Ford Motor (F) and Overstock.com (OSTK).

What is Magellan Health's stock symbol?

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

What is Magellan Health's stock price today?

One share of MGLN stock can currently be purchased for approximately $94.99.

How much money does Magellan Health make?

Magellan Health (NASDAQ:MGLN) has a market capitalization of $2.50 billion and generates $4.58 billion in revenue each year. The company earns $382.33 million in net income (profit) each year or $11.47 on an earnings per share basis.

How many employees does Magellan Health have?

The company employs 9,000 workers across the globe.

How can I contact Magellan Health?

Magellan Health's mailing address is 4801 E. Washington Street, Phoenix AZ, 85034. The official website for the company is www.magellanhealth.com. The company can be reached via phone at (800) 642-1716, via email at ir@magellanhealth.com, or via fax at 860-507-1990.

This page (NASDAQ:MGLN) was last updated on 9/24/2022 by MarketBeat.com Staff

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