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NASDAQ:MGLN

Magellan Health (MGLN) Stock Price, News & Analysis

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About Magellan Health Stock (NASDAQ:MGLN)

Key Stats

Today's Range
$94.99
$94.99
50-Day Range
$94.25
$94.99
52-Week Range
$91.04
$99.36
Volume
N/A
Average Volume
238,670 shs
Market Capitalization
$2.50 billion
P/E Ratio
8.28
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Magellan Health, Inc. engages in the business of healthcare management. It operates through the following segments: Healthcare, Pharmacy Management and Corporate. The Healthcare segment includes the Behavioral & Specialty Health reporting unit, which provides carve-out management services for behavioral health, employee assistance plans, and other areas of specialty healthcare. The Pharmacy Management segment comprises of services that provide clinical and financial management of pharmaceuticals paid under both the medical and the pharmacy benefit. The Corporate segment covers amounts not allocated to the Healthcare and Pharmacy Management segments. The company was founded in 1969 and is headquartered in Phoenix, AZ.

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MGLN Stock News Headlines

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MGLN Stock Analysis - Frequently Asked Questions

Magellan Health, Inc. (NASDAQ:MGLN) announced its quarterly earnings results on Friday, November, 5th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.34. The company's revenue was up 7.2% compared to the same quarter last year.

Based on aggregate information from My MarketBeat watchlists, some other companies that Magellan Health investors own include Energy Transfer (ET), Meta Platforms (META), Netflix (NFLX), UnitedHealth Group (UNH), Bristol-Myers Squibb (BMY), M&T Bank (MTB) and Broadcom (AVGO).

Company Calendar

Last Earnings
11/05/2021
Today
11/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospitals
Sub-Industry
Managed Health Care
Current Symbol
NASDAQ:MGLN
CUSIP
55907920
Employees
9,000
Year Founded
N/A

Profitability

Net Income
$382.33 million
Pretax Margin
-0.08%

Debt

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$5.57 per share
Book Value
$73.03 per share

Miscellaneous

Free Float
22,619,000
Market Cap
$2.50 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:MGLN) was last updated on 11/23/2024 by MarketBeat.com Staff
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