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Magellan Health Inc

MGLN.O

Latest Trade

94.57USD

Change

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Today's Range

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 - 

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52 Week Range

69.35

 - 

95.43

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
94.57
Open
--
Volume
--
3M AVG Volume
4.38
Today's High
--
Today's Low
--
52 Week High
95.43
52 Week Low
69.35
Shares Out (MIL)
26.15
Market Cap (MIL)
2,468.87
Forward P/E
26.59
Dividend (Yield %)
--

Next Event

Q3 2021 Magellan Health Inc Earnings Release

Latest Developments

More

Magellan Health Reports First Quarter 2021 Financial Results

Centene Announces Expiration Of Hart-Scott-Rodino Waiting Period With Respect To The Company's Proposed Acquisition Of Magellan Health Inc

Magellan Health Reports 2020 Financial Results

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About Magellan Health Inc

Magellan Health, Inc. is engaged in the healthcare management business. The Company provides managed care and pharmacy solutions for healthcare. The Company's segments include Healthcare, Pharmacy Management and Corporate. Its Healthcare includes carve-out management services for behavioral health, employee assistance plans (EAP) and other areas of specialty healthcare including diagnostic imaging, musculoskeletal management, cardiac and physical medicine. Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists of amounts not allocated to the Healthcare and Pharmacy Management segments. The Company provides services to health plans and other managed care organizations (MCOs), employers, labor unions, various military and governmental agencies and third party administrators (TPAs).

Industry

Healthcare Facilities

Contact Info

4801 E Washington St

PHOENIX, AZ

85034-2004

United States

+1.602.5726050

https://www.magellanhealth.com/

Executive Leadership

Steven J. Shulman

Independent Chairman of the Board

James E. Murray

President, Chief Operating Officer

Kenneth J. Fasola

Chief Executive Officer, Director

David Bourdon

Chief Financial Officer

Mostafa M. Kamal

Chief Executive Officer - Magellan Rx Management

Key Stats

3.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

7.3K

2019

7.2K

2020

4.6K

2021(E)

4.7K
EPS (USD)

2018

2.460

2019

3.730

2020

0.770

2021(E)

3.550
Price To Earnings (TTM)
72.62
Price To Sales (TTM)
0.53
Price To Book (MRQ)
1.29
Price To Cash Flow (TTM)
17.01
Total Debt To Equity (MRQ)
28.16
LT Debt To Equity (MRQ)
27.58
Return on Investment (TTM)
1.42
Return on Equity (TTM)
1.04

Latest News

Latest News

Split 11th Circuit says former Magellan VP is bound by noncompete

A divided U.S. appeals court on Monday rejected a former Magellan Health Inc vice president's claim that a restrictive covenant he signed was invalid after the company allegedly failed to pay out bonuses that he had earned.

Insurer Centene to buy Magellan Health in $2.2 billion deal

Health insurer Centene Corp said on Monday it would buy Magellan Health Inc in a deal valued at $2.2 billion, including debt.

BRIEF-Magellan Health Appoints Darren Lehrich As Chief Investor Relations Officer

* MAGELLAN HEALTH APPOINTS DARREN LEHRICH AS CHIEF INVESTOR RELATIONS OFFICER Source text for Eikon: Further company coverage:

UPDATE 1-Magellan Health says targeted by ransomware attack

Pharmacy benefits manager Magellan Health Inc said on Friday it was the target of a ransomware attack in which customer information such as physical addresses and health insurance account details may have been leaked.

BRIEF-Magellan Health Notifies Consumers Of Data Security Incident

* MAGELLAN HEALTH, INC. NOTIFIES CONSUMERS OF DATA SECURITY INCIDENT

BRIEF-Magellan Health Says Chairman Steven Shulman Resigned From Nominating/Corporate Governance Committee Of Board, Effective Immediately

* MAGELLAN HEALTH - STEVEN SHULMAN, CHAIRMAN OF CO'S BOARD RESIGNED FROM NOMINATING/CORPORATE GOVERNANCE COMMITTEE OF BOARD, EFFECTIVE IMMEDIATELY

BRIEF-Magellan Health Says CFO Jonathan Rubin Intends To Retire This Year

* MAGELLAN HEALTH INC - JONATHAN N. RUBIN, CFO OF CO INTENDS TO RETIRE THIS YEAR

BRIEF-Magellan Health Reports Qtrly Adjusted Earnings Per Share $1.15

* MAGELLAN HEALTH REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS

BRIEF-Molina Healthcare Says Entered Stock And Asset Purchase Agreement With Magellan Health

* MOLINA HEALTHCARE INC - ON APRIL 30, ENTERED INTO A STOCK AND ASSET PURCHASE AGREEMENT WITH MAGELLAN HEALTH, INC.

Molina Healthcare to buy Magellan Complete Care for about $820 million

Molina Healthcare Inc <MOH.N> would buy Magellan Complete Care, Magellan Health Inc's <MGLN.N> unit that provides managed-care health plans, for about $820 million, the healthcare insurer said https://reut.rs/2KNshrl on Thursday.

BRIEF-Magellan Health To Divest Magellan Complete Care, sell to Molina Healthcare

* MAGELLAN HEALTH AND MOLINA HEALTHCARE ENTER INTO DEFINITIVE AGREEMENTS TO DIVEST MAGELLAN COMPLETE CARE AND ESTABLISH COMMERCIAL RELATIONSHIP FOR MULTIPLE MAGELLAN SERVICES

BRIEF-Magellan - Providing Behavioral Therapy App Restore At No Cost For Those Experiencing Sleep Difficulty, Insomnia Related To Coronavirus

* MAGELLAN - PROVIDING BEHAVIORAL THERAPY APP RESTORE AT NO COST FOR THOSE EXPERIENCING SLEEP DIFFICULTY, INSOMNIA RELATED TO CORONAVIRUS Source text for Eikon: Further company coverage:

BRIEF-Magellan Health Reports Qtrly Earnings Per Share $0.84

* MAGELLAN HEALTH REPORTS 2019 FINANCIAL RESULTS AND PROVIDES 2020 GUIDANCE

BRIEF-Magellan Health Announces Q4 Earnings And 2020 Financial Guidance Conference Call

* MAGELLAN HEALTH ANNOUNCES FOURTH QUARTER EARNINGS AND 2020 FINANCIAL GUIDANCE CONFERENCE CALL Source text for Eikon: Further company coverage:

IN BRIEF: GC who led Quality Care Properties' acquisition joins Magellan Health

Magellan Health Inc, a U.S. healthcare plan and pharmacy benefits manager with a net revenue of more than $7.3 billion for fiscal 2018, has tapped the ex-top lawyer of Quality Care Properties as its general counsel and corporate secretary.

Centerbridge in exclusive talks to buy Magellan Health: Wall Street Journal

U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc is in exclusive talks for a possible sale to private equity firm Centerbridge Partners LP, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Magellan Health bows to Starboard pressure, names four to board

Magellan Health Inc said on Friday it reached an agreement with hedge fund Starboard Value LP to add four new independent directors to the board, including the former chief executive officer of the U.S. healthcare plan and pharmacy benefits manager.

Magellan Health signs board deal with Starboard Value

Magellan Health Inc said on Friday it entered into an agreement with Starboard Value LP allowing four new independent directors to join the pharmacy benefits manager's board immediately.

Exclusive: Magellan Health nears board deal with hedge fund Starboard Value - sources

U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc is nearing an agreement with Starboard Value LP to expand the size of its board by several seats, including a representative from the activist hedge fund, three sources familiar with the matter said on...

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

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