NYSE:WCG WellCare Health Plans (WCG) Stock Price, News & Analysis → Warning: this could blow your mind (From DTI) (Ad) Free WCG Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$339.88▼$350.1750-Day Range$349.92▼$349.9252-Week Range$228.56▼$350.17Volume2.06 million shsAverage Volume552,393 shsMarket Capitalization$17.61 billionP/E Ratio28.15Dividend YieldN/APrice TargetN/A Stock AnalysisStock Analysis Get WellCare Health Plans alerts: Email Address Ad DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…Watch the presentation here About WellCare Health Plans Stock (NYSE:WCG)WellCare Health Plans, Inc. provides government-sponsored managed care services. The company operates in three segments: Medicaid Health Plans, Medicare Health Plans, and Medicare Prescription Drug Plans (PDPs). The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state-based programs, such as children's health insurance programs and long-term services and supports programs for qualifying families who are not eligible for Medicaid. The Medicare Health Plans segment provides Medicare, a federal program that provides eligible persons aged 65 and over, as well as some disabled persons with a range of hospital, medical, and prescription drug benefits; Medicare Advantage, a Medicare's managed care alternative to the original Medicare program, which offers individuals standard Medicare benefits directly through Centers for Medicare & Medicaid Services; and coordinated care plans that are administered through health maintenance organizations and require members to seek health care services and select a primary care physician from a network of health care providers. The Medicare PDPs segment provides Medicare part D PDP plans to Medicare-eligible beneficiaries. Its PDP plans offer national in-network prescription drug coverage, including a preferred pharmacy network. As of December 31, 2018, the company served approximately 5.5 million members in the United States. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida.Read More Ad Behind the MarketsUrgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.Click here to get my exclusive report NOW >>> WCG Stock News HeadlinesMarch 28, 2024 | msn.comWellCare of North Carolina to host block party event on SaturdayFebruary 20, 2024 | health.usnews.comHawaii Wellcare by 'Ohana Health Plan Insurance Company Medicare Advantage Plans with Part DMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 2, 2024 | forbes.comBest Mental Health Insurance Of 2024January 3, 2024 | msn.comWellCare no longer taking Excellus Blue Cross/Blue Shield insurance plansJanuary 1, 2024 | msn.comWellNow no longer accepts Excellus BlueCross BlueShield insuranceDecember 6, 2023 | health.usnews.comNew York Excellus Health Plan, Inc Insurance Company Medicare Advantage Plans with Part DNovember 20, 2023 | msn.comWellcare Medicare Advantage Plans ReviewMarch 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.October 30, 2023 | tmcnet.comMutual of Omaha and Wellcare to Offer Co-Branded Medicare Advantage Plans for 2024 Plan YearOctober 22, 2023 | health.usnews.comWellcare by Health Net Insurance Company Medicare Prescription Drug Plans (Part D)October 21, 2023 | health.usnews.comWellcare No Premium Focus (HMO)October 21, 2023 | health.usnews.comWellcare Low Premium (HMO)October 20, 2023 | health.usnews.comUtah Wellcare Insurance Company Medicare Advantage Plans with Part DOctober 20, 2023 | health.usnews.comIdaho Wellcare Insurance Company Medicare Advantage Plans with Part DOctober 19, 2023 | msn.comGalileo, Wellcare partner to enhance healthcare accessSeptember 27, 2023 | forbes.comBest Health Insurance For Retirees Of 2023September 21, 2023 | msn.comGovernor Beshear joins WellCare of Kentucky for annual Community Health Champions AwardsSeptember 20, 2023 | forbes.comAnthem Medicare Advantage Plans Review (2023)August 12, 2023 | forbes.comBest Medicare Advantage Plans In Ohio 2023July 22, 2023 | benzinga.comWellCare of Kentucky Supports Flood Relief EffortsMay 10, 2023 | technews.tmcnet.comSelectQuote Named to Wellcare Preferred Medicare Sales and Distribution Partnership ProgramMay 10, 2023 | marketwatch.comWellCare of Kentucky Supports Youth During Children's Mental Health Acceptance WeekApril 26, 2023 | forbes.comBest Medicare Advantage Plans In Tennessee For 2023April 11, 2023 | msn.comCJ Wellcare to target U.S. with Amazon entryMarch 8, 2023 | bizjournals.comWellCare's CEO on the big issue his company is facing right nowFebruary 26, 2023 | forbes.comHealth Insurance For Senior Citizens: Best Plans 2023See More Headlines Receive WCG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for WellCare Health Plans and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/30/2019Today3/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Hospital & Medical Service Plans Sub-IndustryManaged Health Care Current SymbolNYSE:WCG CUSIP94946T10 CIK1279363 Webwww.wellcare.com Phone813-290-6200FaxN/AEmployees12,000Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$11.03 Trailing P/E Ratio28.15 Forward P/E Ratio22.27 P/E Growth1.38Net Income$439.80 million Net Margins2.34% Pretax MarginN/A Return on Equity17.00% Return on Assets5.91% Debt Debt-to-Equity Ratio0.42 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$20.41 billion Price / Sales0.86 Cash Flow$14.04 per share Price / Cash Flow24.92 Book Value$84.81 per share Price / Book4.13Miscellaneous Outstanding Shares50,328,000Free FloatN/AMarket Cap$17.61 billion OptionableOptionable Beta0.93 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Kenneth Alan Burdick (Age 60)CEO & Director Mr. Andrew Lynn Asher (Age 50)Exec. VP & CFO Mr. Michael Robert Polen (Age 39)Exec. VP of Medicare & Operations Ms. Anat Hakim (Age 50)Exec. VP, Gen. Counsel & Sec. Ms. Kelly Ann Munson (Age 47)Exec. VP of Medicaid Key CompetitorsMolina HealthcareNYSE:MOHCenteneNYSE:CNCHumanaNYSE:HUMHologicNASDAQ:HOLXLaboratory Co. of AmericaNYSE:LHView All Competitors Should I Buy WellCare Health Plans Stock? WCG Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of WellCare Health Plans was last updated on Tuesday, March 26, 2024 at 11:04 PM. Pros Here are some ways that investors could benefit from investing in WellCare Health Plans, Inc.: WellCare Health Plans, Inc. provides government-sponsored managed care services, which can lead to stable revenue streams due to long-term contracts with government entities. The company operates in the Hospital & Medical Service Plans industry, which has shown resilience and growth potential, especially in times of economic uncertainty. WellCare Health Plans, Inc. serves approximately 5.5 million members in the United States as of December 31, 2018, indicating a large and established customer base. Investors may find the current stock price of WellCare Health Plans, Inc. attractive for potential value investing opportunities. The company offers Medicare Advantage plans, which are increasingly popular among seniors seeking comprehensive healthcare coverage. Cons Investors should be bearish about investing in WellCare Health Plans, Inc. for these reasons: WellCare Health Plans, Inc. operates in the Managed Health Care subindustry, which can be highly regulated and subject to changes in government policies affecting reimbursement rates and coverage. The company's financial performance may be impacted by shifts in healthcare legislation and regulations, leading to uncertainty in future earnings. Investing in managed care companies like WellCare Health Plans, Inc. involves exposure to healthcare market risks, including changes in healthcare spending and consumer behavior. Competition in the managed care industry is intense, with other players constantly innovating and offering new services, potentially affecting WellCare Health Plans, Inc.'s market share. Market volatility and economic downturns can influence investor sentiment towards healthcare stocks like WellCare Health Plans, Inc., leading to fluctuations in stock prices. WCG Stock Analysis - Frequently Asked Questions How were WellCare Health Plans' earnings last quarter? WellCare Health Plans, Inc. (NYSE:WCG) posted its earnings results on Wednesday, October, 30th. The company reported $5.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.93 by $1.57. The business had revenue of $7.14 billion for the quarter, compared to analysts' expectations of $6.79 billion. WellCare Health Plans had a net margin of 2.34% and a trailing twelve-month return on equity of 17.00%. The business's revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.33 EPS. What other stocks do shareholders of WellCare Health Plans own? Based on aggregate information from My MarketBeat watchlists, some companies that other WellCare Health Plans investors own include Chipotle Mexican Grill (CMG), UnitedHealth Group (UNH), NVIDIA (NVDA), AutoZone (AZO), American Express (AXP), Salesforce (CRM), Netflix (NFLX), Athabasca Oil (ATH), Boeing (BA) and International Business Machines (IBM). This page (NYSE:WCG) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding WellCare Health Plans, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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