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

$349.92
0.00 (0.00 %)
(As of 01/23/2020)
Today's Range
$339.88
Now: $349.92
$350.17
50-Day Range
$324.75
MA: $342.52
$349.92
52-Week Range
$228.56
Now: $349.92
$350.17
Volume2.06 million shs
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) posted its quarterly earnings data on Wednesday, October, 30th. The company reported $5.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate 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 return on equity of 17.00% and a net margin of 2.34%. WellCare Health Plans's revenue was up 41.2% compared to the same quarter last year. During the same period in the previous year, the firm 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 12 month price targets for WellCare Health Plans' shares. Their forecasts range from $304.00 to $350.00. On average, they anticipate 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 headlines about WCG stock have trended negative on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for WellCare Health Plans.

Are investors shorting WellCare Health Plans?

WellCare Health Plans saw a increase in short interest in 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 trading volume of 468,400 shares, the short-interest ratio is presently 7.4 days. Approximately 6.9% of the shares of the company 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 variety of of institutional and retail 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 Water Island Capital LLC (1.49%). 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 acquired 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:  388 (Vote Outperform)
Underperform Votes:  538 (Vote Underperform)
Total Votes:  926
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 2/20/2020 by MarketBeat.com Staff

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