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NYSE:WCG - WellCare Health Plans Stock Price, Forecast & News

$349.92
0.00 (0.00 %)
(As of 02/25/2020 02:08 AM ET)
Today's Range
$349.92
Now: $349.92
$349.92
50-Day Range
$331.26
MA: $345.28
$349.92
52-Week Range
$228.56
Now: $349.92
$350.17
VolumeN/A
Average Volume552,393 shs
Market Capitalization$17.61 billion
P/E Ratio28.15
Dividend YieldN/A
Beta0.93
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. Read More…

Industry, Sector and Symbol

Industry Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorMedical
CUSIP94946T10
Phone813-290-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.41 billion
Cash Flow$14.04 per share
Book Value$84.81 per share

Profitability

Net Income$439.80 million

Miscellaneous

Employees12,000
Market Cap$17.61 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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WellCare Health Plans (NYSE:WCG) Frequently Asked Questions

What is WellCare Health Plans' stock symbol?

WellCare Health Plans trades on the New York Stock Exchange (NYSE) under the ticker symbol "WCG."

How were WellCare Health Plans' earnings last quarter?

WellCare Health Plans, Inc. (NYSE:WCG) released its quarterly earnings data on Wednesday, October, 30th. The company reported $5.50 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.93 by $1.57. The business earned $7.14 billion during the quarter, compared to analyst estimates of $6.79 billion. WellCare Health Plans had a return on equity of 17.00% and a net margin of 2.34%. The company's revenue was up 41.2% on a year-over-year basis. During the same quarter last year, the business posted $3.33 EPS. View WellCare Health Plans' Earnings History.

When is WellCare Health Plans' next earnings date?

WellCare Health Plans is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for WellCare Health Plans.

What price target have analysts set for WCG?

7 Wall Street analysts have issued 1 year price targets for WellCare Health Plans' shares. Their forecasts range from $304.00 to $350.00. On average, they expect WellCare Health Plans' share price to reach $324.00 in the next twelve months. This suggests that the stock has a possible downside of 7.4%. View Analyst Price Targets for WellCare Health Plans.

What is the consensus analysts' recommendation for WellCare Health Plans?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WellCare Health Plans in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WellCare Health Plans.

Has WellCare Health Plans been receiving favorable news coverage?

News articles about WCG stock have trended neutral on Tuesday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. WellCare Health Plans earned a news impact score of 0.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for WellCare Health Plans.

Are investors shorting WellCare Health Plans?

WellCare Health Plans saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,450,000 shares, an increase of 13.1% from the December 31st total of 3,050,000 shares. Based on an average daily volume of 468,400 shares, the days-to-cover ratio is presently 7.4 days. Currently, 6.9% of the shares of the stock are short sold. View WellCare Health Plans' Current Options Chain.

Who are some of WellCare Health Plans' key competitors?

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), NVIDIA (NVDA), UnitedHealth Group (UNH), AutoZone (AZO), Netflix (NFLX), American Express (AXP), Alibaba Group (BABA), salesforce.com (CRM), Tesla (TSLA) and Starbucks (SBUX).

Who are WellCare Health Plans' key executives?

WellCare Health Plans' management team includes the folowing people:
  • Mr. Kenneth Alan Burdick, CEO & Director (Age 60)
  • Mr. Andrew Lynn Asher, Exec. VP & CFO (Age 50)
  • Mr. Michael Robert Polen, Exec. VP of Medicare & Operations (Age 39)
  • Ms. Anat Hakim, Exec. VP, Gen. Counsel & Sec. (Age 50)
  • Ms. Kelly Ann Munson, Exec. VP of Medicaid (Age 47)

Who are WellCare Health Plans' major shareholders?

WellCare Health Plans' stock is owned by a number of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (4.40%), Capital World Investors (4.40%), State Street Corp (4.29%), UBS Oconnor LLC (3.09%), Credit Suisse AG (1.72%) and Geode Capital Management LLC (1.50%). Company insiders that own WellCare Health Plans stock include Anat Hakim, H James Dallas, Michael Robert Polen, Richard C Breon and Yount Michael. View Institutional Ownership Trends for WellCare Health Plans.

Which major investors are selling WellCare Health Plans stock?

WCG stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, FMR LLC, Magnetar Financial LLC, Alliancebernstein L.P., CNH Partners LLC, Kornitzer Capital Management Inc. KS, ARP Americas LP and Russell Investments Group Ltd.. View Insider Buying and Selling for WellCare Health Plans.

Which major investors are buying WellCare Health Plans stock?

WCG stock was purchased by a variety of institutional investors in the last quarter, including UBS Oconnor LLC, Goldman Sachs Group Inc., MUFG Securities EMEA plc, Assenagon Asset Management S.A., TIG Advisors LLC, Brookfield Hedge Solutions LLC, Bank of Montreal Can and Water Island Capital LLC. View Insider Buying and Selling for WellCare Health Plans.

How do I buy shares of WellCare Health Plans?

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

What is WellCare Health Plans' stock price today?

One share of WCG stock can currently be purchased for approximately $349.92.

How big of a company is WellCare Health Plans?

WellCare Health Plans has a market capitalization of $17.61 billion and generates $20.41 billion in revenue each year. The company earns $439.80 million in net income (profit) each year or $11.03 on an earnings per share basis. WellCare Health Plans employs 12,000 workers across the globe.View Additional Information About WellCare Health Plans.

What is WellCare Health Plans' official website?

The official website for WellCare Health Plans is http://www.wellcare.com/.

How can I contact WellCare Health Plans?

WellCare Health Plans' mailing address is 8735 HENDERSON ROAD RENAISSANCE ONE, TAMPA FL, 33634. The company can be reached via phone at 813-290-6200 or via email at [email protected]


MarketBeat Community Rating for WellCare Health Plans (NYSE WCG)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  391 (Thanks for Voting!)
Underperform Votes:  540 (Thanks for Voting!)
Total Votes:  931
MarketBeat's community ratings are surveys of what our community members think about WellCare Health Plans and other stocks. Vote "Outperform" if you believe WCG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WCG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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