|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||301.68 - 305.03|
|52 Week Range||162.25 - 315.65|
|PE Ratio (TTM)||28.29|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||315.14|
WellCare Health Plans Inc. is telling investors it expects to hit $20 billion in revenue this year. WellCare (NYSE: WCG), a Tampa managed care provider for government-sponsored health programs, provided the revenue guidance in a filing with the U.S. Securities and Exchange Commission Thursday, less than two weeks after wrapping up its $2.5 billion acquisition of Meridian, based in Detroit and one of the largest privately held, for-profit managed care organizations in the United States. The projected revenue for 2018 is about 18 percent higher than the $17 billion in revenue WellCare posted in 2017.
WellCare's market capitalization has soared to more than $15 billion in the last few months after unveiling the largest acquisition in the company’s history.
NEW YORK , Sept. 11, 2018 /PRNewswire/ -- S&P MidCap 400 constituent WellCare Health Plans, Inc. (NYSE: WCG) will replace XL Group (NYSE: XL) in the S&P 500, S&P SmallCap 600 constituent HealthEquity Inc. ...
Wellcare Health Plans Inc. declined slightly in the extended session Tuesday after S&P Dow Jones Indices announced that the managed-care provider would become part of the S&P 500 index . Wellcare will replace XL Group Ltd. , which is being acquired by AXA SA , before the opening of markets on Monday, S&P said. Wellcare shares were down 0.6% after hours following a 0.5% gain to close at $310.45.
The Tampa Bay Business Journal will honor 11 local businesspeople for the 2018 CIO of the Year awards. Learn more about them in Q&As being rolled out this week. Darren Ghanayem, senior vice president and chief information officer, WellCare Health Plans Inc. What was your first computer? A Commodore 64 How did you fall in love with technology or realize you wanted to make tech your career?
The report comes on the heels of the Tampa managed health care provider wrapping up the largest deal in its history.
The Tampa Bay companies strengthened their base and economic impact by becoming buyers, not sellers, amid industry consolidation.
TAMPA, Fla., Sept. 4, 2018 /PRNewswire/ -- WellCare Health Plans, Inc. (WCG) ("WellCare") announced today that, effective September 1, 2018, it completed its acquisition of Meridian Health Plan of Michigan, Inc., Meridian Health Plan of Illinois, Inc., and MeridianRx, a pharmacy benefit manager (PBM) (collectively, "Meridian") following the receipt of all required regulatory approvals. With the closing of the acquisition, Meridian is now a wholly-owned subsidiary of WellCare. "We are excited to complete our acquisition of Meridian," said Ken Burdick, WellCare's CEO.
HCA Healthcare (HCA) to buy Mission Health for bracing its service portfolio and serve the people of western North Carolina in a better way.
Examining how WellCare Health Plans Inc (NYSE:WCG) is performing as a company requires looking at more than just a years’ earnings. Below, I will run you through a simple senseRead More...
In Fiscal year 2019, the United States federal budget will be $4.4 trillion. 24% of that staggering number is spent on Medicare and Medicaid at $625B and $412B, respectively. The number of citizens enrolled in Medicare has tripled since 1970, rising from 20 million to 60 million participants, and is expected to rise to 90 million by 2048.
TAMPA, Fla. , Aug. 30, 2018 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) ("WellCare") today announced that members of its management team are scheduled to present at the Morgan Stanley ...
It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectation. Why Is a Positive Earnings Surprise So Important? Historically, stocks of companies with solid quarterly earnings (on a nominal basis) tank if they miss or merely meet market expectations.
WellCare (WCG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.