NYSE:WCG WellCare Health Plans (WCG) Stock Price, News & Analysis → The world’s greatest investment (From Porter & Company) (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 Crypto 101 MediaLike Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. Click here and see how to get a copy. 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. 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WCG Stock News HeadlinesFebruary 20, 2024 | health.usnews.comHawaii Wellcare by 'Ohana Health Plan Insurance Company Medicare Advantage Plans with Part DFebruary 2, 2024 | forbes.comBest Mental Health Insurance Of 2024March 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.January 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 ReviewOctober 30, 2023 | tmcnet.comMutual of Omaha and Wellcare to Offer Co-Branded Medicare Advantage Plans for 2024 Plan YearMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.October 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 2023February 26, 2023 | thestreet.comWellCare Health Plans Stock Hits New 52-Week High (WCG)See 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 Earnings10/30/2019Today3/18/2024Get 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 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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:CNCHologicNASDAQ:HOLXAvantorNYSE:AVTRLaboratory 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 Friday, March 15, 2024 at 4:01 AM. Pros Here are some ways that investors could benefit from investing in WellCare Health Plans, Inc.: WellCare Health Plans, Inc. operates in the managed health care industry, which has shown resilience and growth potential, especially during uncertain economic times. The company offers government-sponsored managed care services, providing a stable revenue stream due to long-term contracts with government entities. WellCare Health Plans, Inc. serves approximately 5.5 million members in the United States, indicating a strong market presence and potential for further expansion. Recent developments in the Medicare Prescription Drug Plans (PDPs) segment, such as innovative offerings and partnerships, could drive revenue growth and enhance shareholder value. The current stock price of WellCare Health Plans, Inc. reflects a favorable valuation compared to its industry peers, presenting a potential buying opportunity for investors. Cons Investors should be bearish about investing in WellCare Health Plans, Inc. for these reasons: The managed health care industry is subject to regulatory changes and government policies, which could impact the company's operations and profitability. Competition in the managed health care sector is intense, leading to pricing pressures and potential margin compression for WellCare Health Plans, Inc. Market volatility and economic uncertainties may affect the demand for managed care services, posing risks to the company's financial performance. Changes in Medicare and Medicaid policies could impact reimbursement rates and eligibility criteria, affecting WellCare Health Plans, Inc.'s revenue and profitability. Investing in WellCare Health Plans, Inc. involves exposure to healthcare-related risks, including regulatory compliance, litigation, and healthcare market dynamics. WCG Stock Analysis - Frequently Asked Questions How were WellCare Health Plans' earnings last quarter? WellCare Health Plans, Inc. (NYSE:WCG) posted its quarterly earnings results on Wednesday, October, 30th. The company reported $5.50 EPS for the quarter, topping analysts' consensus estimates of $3.93 by $1.57. The company 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%. WellCare Health Plans's revenue was up 41.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBitcoin dollar warningStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy 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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