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WellCare Health Plans, Inc.

WCG.N

Latest Trade

323.62USD

Change

2.98(+0.93%)

Volume

108,705

Today's Range

321.38

 - 

324.91

52 Week Range

220.80

 - 

325.00

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
320.64
Open
321.38
Volume
108,705
3M AVG Volume
12.03
Today's High
324.91
Today's Low
321.38
52 Week High
325.00
52 Week Low
220.80
Shares Out (MIL)
50.33
Market Cap (MIL)
16,287.02
Forward P/E
20.84
Dividend (Yield %)
--

Next Event

Q4 2019 WellCare Health Plans Inc Earnings Release

Latest Developments

More

Centene And Wellcare Receive State Approvals For Pending Merger From Illinois And New Jersey

Wellcare Health Plans Selected To Continue Serving Kentucky's Medicaid Managed Care Program, Awarded Sole Contract For New Kentucky Sky Program

WellCare To Offer Medicare Advantage Plans In Seattle Metropolitan Area In 2020

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About WellCare Health Plans, Inc.

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

Contact Info

8735 Henderson Rd

+1.813.2906200

http://www.wellcare.com

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

Key Stats

2.62 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

14.2K

2017

17.0K

2018

20.4K

2019(E)

27.9K
EPS (USD)

2016

5.960

2017

8.520

2018

11.030

2019(E)

15.530
Price To Earnings (TTM)
25.93
Price To Sales (TTM)
0.60
Price To Book (MRQ)
3.35
Price To Cash Flow (TTM)
18.21
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

Latest News

Latest News

Centene to sell Illinois health plan unit to CVS to aid merger with WellCare

Health insurer Centene Corp <CNC.N> said on Monday it had entered an agreement to sell its Illinois unit to CVS Health Corp <CVS.N>, moving a step closer to closing its $15.27 billion deal to buy smaller rival WellCare Health Plans Inc <WCG.N>.

Centene to sell Illinois health plan unit to CVS to aid WellCare deal close

Health insurer Centene Corp said on Monday it would divest its Illinois unit, IlliniCare Health Plan Inc, to CVS Health Corp, as it looks to close its $15.27 billion deal to buy smaller rival WellCare Health Plans Inc.

Centene posts narrow profit beat, signals early close of WellCare deal

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.

Centene says WellCare deal may close earlier in 2020

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.

Health insurer Centene revenue rises 17% on higher Medicaid sales

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, WellCare to divest certain Medicaid plans to Anthem

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 posts 65% rise in second-quarter profit

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.

Centene, WellCare win shareholder support for $15.27 billion deal

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.

Centene, WellCare win shareholder support for $15.27 billion deal

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.

U.S. proxy firm ISS backs Centene's deal for WellCare

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.

Proxy firm ISS backs Centene's deal for WellCare

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 says will not bid for Centene Corp

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.

Exclusive: Hedge funds target Centene, may oppose WellCare deal - sources

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.

EXCLUSIVE-Hedge funds target Centene, may oppose WellCare deal-sources

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 to buy smaller rival WellCare for $15.3 billion

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...

Health insurer Centene to buy smaller rival WellCare for $15.27 bln

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 in talks to buy WellCare: sources

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 in talks to buy WellCare -sources

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.

Aetna, seeking antitrust nod, sells Medicare drug business to WellCare

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>.

Aetna to sell one of its prescription plan units to WellCare

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.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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