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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NASDAQ:MGLN

Magellan Health (MGLN) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
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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
Beta
1.03

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Magellan Health logo

About Magellan Health

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.

Headlines

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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

Sales & Book Value

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

Profitability

Net Income
$382.33 million
Pretax Margin
-0.08%

Debt

Price-To-Earnings

Miscellaneous

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

Company Calendar

Last Earnings
11/05/2021
Today
5/29/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.95 out of 5 stars

Medical Sector

641st out of 1,431 stocks

Hospitals Industry

3rd out of 5 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -













Magellan Health (NASDAQ:MGLN) Frequently Asked Questions

How were Magellan Health's earnings last quarter?

Magellan Health, Inc. (NASDAQ:MGLN) announced its quarterly earnings data on Friday, November, 5th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.34. The firm earned $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. Magellan Health had a net margin of 6.26% and a trailing twelve-month return on equity of 1.81%. Magellan Health's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 EPS.
View Magellan Health's earnings history
.

Who are Magellan Health's key executives?
Magellan Health's management team includes the following people:
  • 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
What is Kenneth J. Fasola's approval rating as Magellan Health's CEO?

31 employees have rated Magellan Health CEO Kenneth J. Fasola on Glassdoor.com. Kenneth J. Fasola has an approval rating of 83% among Magellan Health's employees.

Who are some of Magellan Health's key competitors?
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."

Who are Magellan Health's major shareholders?

Magellan Health's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ancora Advisors LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and Simplex Trading LLC (0.00%). Company insiders that own Magellan Health stock include Jeffrey N West and Mostafa Kamal.
View institutional ownership trends for Magellan Health
.

Which institutional investors are selling Magellan Health stock?

MGLN stock was sold by a variety of institutional investors in the last quarter, including Simplex Trading LLC, and Ancora Advisors LLC.
View insider buying and selling activity for Magellan Health
or view top insider-selling stocks.

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 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?

Magellan Health employs 9,000 workers across the globe.

What is Magellan Health's official website?

The official website for Magellan Health is www.magellanhealth.com.

How can I contact Magellan Health?

Magellan Health's mailing address is 4801 E. Washington Street, Phoenix AZ, 85034. The company can be reached via phone at (800) 642-1716, via email at [email protected], or via fax at 860-507-1990.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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