NYSE:MPLN

MultiPlan Stock Forecast, Price & News

$6.31
+0.06 (+0.96 %)
(As of 04/12/2021 12:00 AM ET)
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Today's Range
$6.19
Now: $6.31
$6.42
50-Day Range
$5.51
MA: $6.43
$7.78
52-Week Range
$5.48
Now: $6.31
$12.93
Volume1.83 million shs
Average Volume2.21 million shs
Market Capitalization$4.22 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, insurance bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
MultiPlan logo

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorMedical
CUSIPN/A
CIKN/A
Phone212-780-2000
Employees2,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Market Cap$4.22 billion
Next Earnings Date6/9/2021 (Estimated)
OptionableOptionable

Headlines

See More Headlines

MarketRank

Overall MarketRank

1.18 out of 5 stars

Medical Sector

935th out of 2,016 stocks

Business Services, Not Elsewhere Classified Industry

84th out of 191 stocks

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$6.31
+0.06 (+0.96 %)
(As of 04/12/2021 12:00 AM ET)
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MultiPlan (NYSE:MPLN) Frequently Asked Questions

Is MultiPlan a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MultiPlan in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MultiPlan stock.
View analyst ratings for MultiPlan
or view top-rated stocks.

What stocks does MarketBeat like better than MultiPlan?

Wall Street analysts have given MultiPlan a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MultiPlan wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting MultiPlan?

MultiPlan saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 18,060,000 shares, a decline of 14.9% from the February 28th total of 21,220,000 shares. Based on an average daily volume of 2,950,000 shares, the days-to-cover ratio is currently 6.1 days. Approximately 6.8% of the shares of the stock are sold short.
View MultiPlan's Short Interest
.

When is MultiPlan's next earnings date?

MultiPlan is scheduled to release its next quarterly earnings announcement on Wednesday, June 9th 2021.
View our earnings forecast for MultiPlan
.

What price target have analysts set for MPLN?

4 brokerages have issued 1-year price targets for MultiPlan's shares. Their forecasts range from $7.00 to $10.00. On average, they expect MultiPlan's share price to reach $9.25 in the next twelve months. This suggests a possible upside of 46.6% from the stock's current price.
View analysts' price targets for MultiPlan
or view top-rated stocks among Wall Street analysts.

Who are MultiPlan's key executives?

MultiPlan's management team includes the following people:
  • Mr. Mark Howard Tabak, Pres, CEO & Chairman (Age 70, Pay $5.97M)
  • Mr. David L. Redmond CPA, CPA, CFO & Exec. VP (Age 70, Pay $5.15M)
  • Mr. Michael C. Kim, Sr. VP & Chief Information Officer (Age 55, Pay $605.32k)
  • Mr. Jeffrey A. Doctoroff, Sr. VP, Gen. Counsel & Sec. (Age 52, Pay $537.46k)
  • Mr. Dale A. White, Pres of Payor Market (Age 65, Pay $4.96M)
  • Mr. Gerald J. Kozel, Sr. VP & Chief Accounting Officer (Age 49)
  • Mr. Lucas Gabriel Montgomery C.F.A., CFA, Sr. VP of Fin. & Investor Relations
  • Pamela Walker, Sr. Director of Marketing and Communications
  • Ms. Susan Mohler, Sr. VP of Marketing & Product Management
  • Mr. Derek Reis-Larson, Sr. VP of Claims Pricing Services

Who are some of MultiPlan's key competitors?

What is MultiPlan's stock symbol?

MultiPlan trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPLN."

How do I buy shares of MultiPlan?

Shares of MPLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MultiPlan's stock price today?

One share of MPLN stock can currently be purchased for approximately $6.31.

How much money does MultiPlan make?

MultiPlan has a market capitalization of $4.22 billion.

How many employees does MultiPlan have?

MultiPlan employs 2,000 workers across the globe.

What is MultiPlan's official website?

The official website for MultiPlan is www.multiplan.us.

How can I contact MultiPlan?

The company can be reached via phone at 212-780-2000 or via email at [email protected]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
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