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NYSE:WCGWellCare Health Plans Stock Price, Forecast & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$349.92
0.00 (0.00 %)
(As of 01/23/2020)
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Today's Range
$339.88
Now: $349.92
$350.17
50-Day Range
$349.92
MA: $349.92
$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. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.07 out of 5 stars


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 DateN/A
OptionableOptionable

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WellCare Health Plans (NYSE:WCG) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of WellCare Health Plans?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WellCare Health Plans in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WellCare Health Plans.

How were WellCare Health Plans' earnings last quarter?

WellCare Health Plans, Inc. (NYSE:WCG) released its quarterly earnings results 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 business had revenue of $7.14 billion for the quarter, compared to analyst estimates of $6.79 billion. WellCare Health Plans had a net margin of 2.34% and a return on equity of 17.00%. The business's revenue for the quarter was up 41.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.33 earnings per share. View WellCare Health Plans' earnings history.

What price target have analysts set for WCG?

4 analysts have issued 12 month price targets for WellCare Health Plans' shares. Their forecasts range from $317.00 to $350.00. On average, they expect WellCare Health Plans' stock price to reach $336.33 in the next year. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for WellCare Health Plans.

Has WellCare Health Plans been receiving favorable news coverage?

Media stories about WCG stock have been trending negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. WellCare Health Plans earned a media sentiment 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 media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about WellCare Health Plans.

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), American Express (AXP), Netflix (NFLX), salesforce.com (CRM), Alibaba Group (BABA), IBM (IBM) and Athabasca Oil (ATH).

Who are WellCare Health Plans' key executives?

WellCare Health Plans' management team includes the following 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)

What is WellCare Health Plans' stock symbol?

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

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.

What is WellCare Health Plans' official website?

The official website for WellCare Health Plans is 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]

This page was last updated on 7/7/2020 by MarketBeat.com Staff

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