MGLN - Magellan Health, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
64.44
-0.19 (-0.29%)
At close: 4:00PM EDT
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Previous Close64.63
Open64.89
Bid0.00 x 1300
Ask0.00 x 1000
Day's Range63.42 - 64.89
52 Week Range51.88 - 112.25
Volume180,660
Avg. Volume312,835
Market Cap1.542B
Beta (3Y Monthly)0.66
PE Ratio (TTM)66.43
EPS (TTM)0.97
Earnings DateApr 24, 2019 - Apr 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est77.00
Trade prices are not sourced from all markets
  • Business Wire6 days ago

    Magellan Health Provides Free Counseling Services and Referrals to Local Community Resources to Individuals Impacted by Floods in Nebraska

    Counseling and resources available free-of-charge to local community

  • Markit7 days ago

    See what the IHS Markit Score report has to say about Magellan Health Inc.

    Magellan Health Inc NASDAQ/NGS:MGLNView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for MGLN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MGLN had net inflows of $3.67 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • From the Editor: Ready to rumble? Corporate raider takes aim at Valley company
    American City Business Journals11 days ago

    From the Editor: Ready to rumble? Corporate raider takes aim at Valley company

    It’s not often a high-profile activist investor comes to town, but one that quite often barges into boardrooms has appeared on our radar screen now that New York hedge fund Starboard Value LP has taken aim at a publicly traded company in the Valley.

  • Activist investor looks to take over Scottsdale health care company board
    American City Business Journals13 days ago

    Activist investor looks to take over Scottsdale health care company board

    One of the publicly traded company's largest shareholders, a seasoned corporate raider who has orchestrated shakeups multiple times, is seeking major changes to the board of directors.

  • Have Insiders Been Buying Magellan Health, Inc. (NASDAQ:MGLN) Shares This Year?
    Simply Wall St.15 days ago

    Have Insiders Been Buying Magellan Health, Inc. (NASDAQ:MGLN) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insidersRead More...

  • Magellan Health Down Nearly 40%, in a Year: What's Next?
    Zacks15 days ago

    Magellan Health Down Nearly 40%, in a Year: What's Next?

    Stiff competition and subdued profitability is weighing on shares of Magellan Health (MGLN).

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of MGLN earnings conference call or presentation 28-Feb-19 1:30pm GMT

    Q4 2018 Magellan Health Inc Earnings Call

  • eBay Chooses Peace with Elliott—for Now
    Market Realist20 days ago

    eBay Chooses Peace with Elliott—for Now

    What’s Happening in e-Commerce: EBAY, JD, SHOP, ETSY, & PDDExploring options for StubHub and Classifieds businessesThis month, eBay (EBAY) announced some form of settlement with activist investors Elliott Management and Starboard Value. The

  • GlobeNewswire21 days ago

    Investor Expectations to Drive Momentum within Magellan Health, Medtronic, CME Group, United Parcel Service, Diebold Nixdorf, and The AES — Discovering Underlying Factors of Influence

    NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Magellan Health Inc (MGLN) Q4 2018 Earnings Conference Call Transcript
    Motley Fool25 days ago

    Magellan Health Inc (MGLN) Q4 2018 Earnings Conference Call Transcript

    MGLN earnings call for the period ending December 31, 2018.

  • Business Wire26 days ago

    Magellan Health Provides Free Counseling Services and Referrals to Local Community Resources to Individuals Impacted by Floods in California

    Counseling and resources available free-of-charge to local community

  • Business Wire26 days ago

    Magellan Health Reports Fourth Quarter and Full Year 2018 Financial Results

    Magellan Health, Inc. today announced financial results for the fourth quarter and full year ended December 31, 2018, as summarized below:

  • Business Wirelast month

    Magellan Health to Consider Director Nominations

    Magellan Health, Inc. (MGLN) today acknowledged that Starboard Value LP (“Starboard”) has provided notice of its intent to nominate six candidates to stand for election to the Board of Directors at the Company’s 2019 Annual Meeting of Shareholders. Starboard stated that it expects that five of the Company's nine current Board members will be standing for election at the Annual Meeting, and if that remains the case, Starboard has indicated that it would withdraw one of its six director candidates.

  • MarketWatchlast month

    Starboard calls on Magellan Health to explore a sale, nominates 'full slate' for board of directors

    Activist investor Starboard Value LP called on Magellan Health Inc. to explore "all potential strategic alternatives," including a sale of the company, to unlock shareholder value. Starboard, which said it owns 9.8% of the healthcare management company's outstanding shares, also nominated a "full slate" of candidates for election to Magellan's board. In an open letter to shareholders, Starboard said the company is "deeply undervalued," as operational missteps have resulted in "frustratingly extensive periods of share price underperformance." Among the execution issues Starboard listed were key legacy contract losses, bringing on "significant yet unprofitable" new business and "haphazard" execution in its pharmacy benefit management business. "When comparing a revised standalone plan to a sale of the company, it is crucial for the Board to appropriately assess the risks inherent in the internal plan and the time required to achieve that plan, compared to the certainty of a sale transaction," Starboard wrote in the letter. The stock, which was still inactive in premarket trade, has lost 25.5% over the past 12 months while the SPDR Health Care Select Sector ETF has climbed 9.2% and the S&P 500 has gained 2.6%.

  • PR Newswirelast month

    Starboard to Nominate a Full Slate of Highly Qualified Director Candidates for Election at Magellan Health's 2019 Annual Meeting

    NEW YORK , Feb. 22, 2019 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Magellan Health, Inc. ("Magellan" or the ...

  • Earnings Preview: Magellan Health (MGLN) Q4 Earnings Expected to Decline
    Zackslast month

    Earnings Preview: Magellan Health (MGLN) Q4 Earnings Expected to Decline

    Magellan Health (MGLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • TheStreet.comlast month

    Magellan Health Spikes on Report of Buyout Pressure

    closed up Wednesday 11.43% to $72.45 on a Reuters report that said the healthcare management services company was facing pressure from hedge fund Starboard Value to sell itself. Starboard Value is the company's third-largest institutional investor, according to Yahoo Finance, with an 8.64% stake representing a value of about $120.5 million. Magellan, which is advised by Goldman Sachs Group, is in the early stages of considering acquisition interest, though there is no certainty that a deal will materialize, according to the report.

  • Why Garmin, Kandi Technologies Group, and Magellan Health Jumped Today
    Motley Foollast month

    Why Garmin, Kandi Technologies Group, and Magellan Health Jumped Today

    Earnings and great prospects helped lift key stocks.

  • Reuterslast month

    Deals of the day-Mergers and acquisitions

    (Adds Ophir Energy, Alitalia, Bristol-Myers Squibb, Cemex, Tilray, Magellan Health, Verus Petroleum, Owens & Minor; Updates Bank Audi, Sainsbury) Feb 20 (Reuters) - The following bids, mergers, acquisitions ...

  • Reuterslast month

    Exclusive: Starboard target Magellan Health to explore potential sale - sources

    (Reuters) - U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc will explore selling itself after coming under pressure to do so from activist hedge fund Starboard Value LP, people familiar ...

  • Business Wirelast month

    Magellan Rx Management Medical Pharmacy Trend Report Shows Record Increase in Commercial PMPM Trends

    Magellan Rx Management, the pharmacy benefit management (PBM) division of Magellan Health, Inc. (MGLN) released its ninth annual Medical Pharmacy Trend ReportTM. The benchmark report is the industry’s premier detailed resource that offers data for analyzing medical benefit drug claims as well as current medical benefit drug management strategies. Commercial per-member-per-month (PMPM) medical drug spend increased 18 percent to $29.97, above the 14 percent average annual trend over the last five years.

  • Business Wirelast month

    Magellan Health Announces Fourth Quarter and Full Year 2018 Earnings Conference Call

    Magellan Health, Inc. today announced that it will report its earnings for the fourth quarter and full year ended on December 31, 2018 at approximately 6:30 a.m. Eastern on Thursday, February 28, 2019.

  • Is Magellan Health, Inc. (NASDAQ:MGLN) Investing Your Capital Efficiently?
    Simply Wall St.2 months ago

    Is Magellan Health, Inc. (NASDAQ:MGLN) Investing Your Capital Efficiently?

    Today we are going to look at Magellan Health, Inc. (NASDAQ:MGLN) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital Read More...