WCG.N
Latest Trade
299.36USDChange
-3.60(-1.19%)Volume
115,917Today's Range
-
302.5052 Week Range
-
303.37As of on the New York Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 302.96 |
|---|---|
Open | 301.13 |
Volume | 115,917 |
3M AVG Volume | 11.60 |
Today's High | 302.50 |
Today's Low | 299.17 |
52 Week High | 303.37 |
52 Week Low | 220.80 |
Shares Out (MIL) | 50.33 |
Market Cap (MIL) | 15,247.25 |
Forward P/E | 19.50 |
Dividend (Yield %) | -- |
Wellcare Reports Q3 Adjusted Earnings Per Share $5.50
Centene Says May Be An Opportunity To Close WellCare Acquisition Earlier In 2020
Centene And WellCare Announce Five Additional State Insurance Department Approvals For Pending Merger
WellCare Health Plans, Inc. is a managed care company. The Company focuses on government-sponsored managed care services, primarily through Medicaid, Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDPs), to families, children, seniors and individuals with medical needs. The Company operates through three segments: Medicaid Health Plans, Medicare Health Plans and Medicare PDPs. As of December 31, 2016, it served approximately 3.9 million members in 50 states and the District of Columbia. As of December 31, 2016, it operated Medicaid health plans in Arizona, Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and South Carolina. As of December 31, 2016, it offered MA coordinated care plans (CCPs) in certain counties in Arizona, Arkansas, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee and Texas.
Industry
Healthcare Facilities
Executive Leadership
Christian P. Michalik
Non-Executive Independent Chairman of the Board
Kenneth A. Burdick
Chief Executive Officer
Andrew L. Asher
Chief Financial Officer, Executive Vice President
Timothy N. Trodden
Chief Human Resource Officer, Executive Vice President
Darren Ghanayem
Executive Vice President, Chief Information Officer
Price To Earnings (TTM) | 24.27 |
|---|---|
Price To Sales (TTM) | 0.57 |
Price To Book (MRQ) | 3.14 |
Price To Cash Flow (TTM) | 17.05 |
Total Debt To Equity (MRQ) | 41.78 |
LT Debt To Equity (MRQ) | 41.78 |
Return on Investment (TTM) | 8.99 |
Return on Equity (TTM) | 4.82 |
Centene Corp <CNC.N> said on Tuesday its deal for WellCare Health Plans <WCG.N> could close sooner than previously expected and posted a profit that edged past Street estimates, reassuring investors of strength in its core Medicaid business.
Health insurer Centene Corp <CNC.N> said on Tuesday its buyout of smaller rival WellCare Health Plans Inc <WCG.N> could be completed earlier than expected in 2020.
Centene Corp reported a 17% jump in third-quarter revenue on Tuesday, helped by higher sales in its Medicaid business which sells health plans for low-income Americans.
Centene Corp <CNC.N> and Wellcare Health Plans Inc <WCG.N> have agreed to sell Wellcare's Missouri and Nebraska Medicaid plans for people with low income to Anthem Inc <ANTM.N>, as the companies look to close their $15.27 billion deal.
Centene Corp, which is buying smaller rival WellCare Health Plans Inc, on Tuesday reported a 65% rise in quarterly profit, helped by higher sales of its Medicaid health plans for low-income people.
Shareholders of Centene Corp and WellCare Health Plans Inc voted in favor of a merger of the health insurers, setting the stage for the creation of a major new player in government-sponsored healthcare plans.
Shareholders of Centene Corp and WellCare Health Plans Inc voted in favor of a merger of the two health insurers, setting the stage for the creation of a major new player in government-sponsored healthcare plans.
Institutional Shareholder Services has shown support for Centene Corporation's planned acquisition of smaller rival WellCare Health Plans Inc by recommending shareholders favor the deal, the health insurers said on Wednesday.
Institutional Shareholder Services has recommended stockholders to vote in favor of Centene Corporation's planned acquisition of smaller rival WellCare Health Plans Inc, the health insurers said on Wednesday.
Humana Inc said on Monday it would not bid for Centene Corp, quelling speculation that it would acquire the health insurer that has already agreed to buy smaller rival WellCare Health Plans Inc for $15.27 billion.
Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.
Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.
U.S. health insurer Centene Corp on Wednesday said it would buy smaller rival WellCare Health Plans Inc for $15.27 billion (11.57 billion pounds) in stock and cash, in a move to bulk up its government-backed Medicare and Medicaid businesses while reducing exposure to Obamacare...
U.S. health insurer Centene Corp will buy smaller rival WellCare Health Plans Inc for $15.27 billion in a cash-and-stock deal.
U.S. health insurer Centene Corp is in advanced talks to buy smaller rival WellCare Health Plans Inc, according to two people familiar with the matter, a move that would create a bigger player focused on government-backed health insurance plans.
U.S. health insurer Centene Corp is in advanced talks to buy smaller rival WellCare Health Plans Inc, according to two people familiar with the matter.
Health insurer Aetna Inc <AET.N> said on Thursday it will sell its standalone Medicare prescription drug plan business to WellCare Health Plans Inc <WCG.N> as it seeks U.S. antitrust approval for a planned acquisition by CVS Health Corp <CVS.N>.
Health insurer Aetna Inc said on Thursday it would sell its Medicare Part D prescription drug plan business to WellCare Health Plans Inc to obtain U.S. approval for its planned $69 billion deal to merge with CVS Health Corp.
WellCare Health Plans Inc said on Tuesday it would buy Meridian Health Plans of Michigan and Illinois for $2.5 billion in cash to become the top Medicaid provider in those states.
Health insurer WellCare Health Plans Inc said on Tuesday it agreed to buy for-profit managed care company Meridian for $2.5 billion in cash.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.