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Last $9.12 USD
Change Today -0.15 / -1.62%
Volume 166.9K
UAM On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

universal american corp (UAM) Snapshot

Open
$9.28
Previous Close
$9.27
Day High
$9.40
Day Low
$9.08
52 Week High
06/22/15 - $11.16
52 Week Low
10/6/14 - $7.76
Market Cap
766.4M
Average Volume 10 Days
231.1K
EPS TTM
$-0.06
Shares Outstanding
80.7M
EX-Date
08/8/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for UNIVERSAL AMERICAN CORP (UAM)

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universal american corp (UAM) Details

Universal American Corp. provides health insurance and managed care products and services to Medicare and Medicaid customers in the United States. It operates through Medicare Advantage, Management Services Organization, Medicaid, Traditional Insurance, and Corporate & Other segments. The company operates HMO plans under contracts with centers for Medicare and Medicaid services; Medicare advantage management service organizations that manage business and affiliated independent physician associations; PPO plans under the name Today's Options PPOs; and network-based private fee-for-service plans under the brand name of Today's Options, as well as offers defined prescription drug benefit. It also supports physician partnerships for the development of value-based healthcare models, such as accountable care organizations’ (ACOs) with technology, analytics, clinical care coordination, regulatory compliance, and program administration resources and facilities. In addition, the company operates ACOs under the Medicare Shared Savings Program through its physicians and other healthcare professionals. As of January 1, 2015, Universal American Corp. had 24 ACOs. Further, the company serves approximately 40,000 members through Total Care Medicaid health plan. Additionally, its traditional insurance includes Medicare supplement and other senior health insurance products; specialty health insurance products, primarily fixed benefit accident and sickness insurance; term care, disability, medical, universal life, and fixed annuities; and senior life insurance products. It distributes products and services through a network of channels comprising career agency and independent agents, as well as through telephonic and Internet enrollment. Universal American Corp. was founded in 1981 and is headquartered in White Plains, New York.

1,500 Employees
Last Reported Date: 03/31/15
Founded in 1981

universal american corp (UAM) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.0M
President of Medicare
Total Annual Compensation: $405.4K
Executive Vice President, General Counsel and...
Total Annual Compensation: $395.9K
Chief Administrative Officer
Total Annual Compensation: $405.4K
Compensation as of Fiscal Year 2014.

universal american corp (UAM) Key Developments

Universal American Corp Presents at Goldman Sachs 36th Annual Global Healthcare Conference, Jun-09-2015 11:20 AM

Universal American Corp Presents at Goldman Sachs 36th Annual Global Healthcare Conference, Jun-09-2015 11:20 AM. Venue: Terranea Resort, Rancho Palos Verdes, California, United States. Speakers: Richard A. Barasch, Chairman and Chief Executive Officer.

Universal American Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Announces Management Changes

Universal American Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income was $2.2 million, or $0.03 per diluted share, compared with net loss of $5.1 million or $0.06 per diluted share a year ago. Total revenues were $444.8 million against $512.6 million a year ago. Income before equity in losses of unconsolidated subsidiaries was $0.5 million against $6.3 million a year ago. Loss before income taxes was $6.9 million against $2.0 million a year ago. Diluted tangible book value per common share (excluding AOCI) as on March 31, 2015 was $5.62. Tangible book value per common share as on March 31, 2015 was $5.62 against $5.57, a year ago. Diluted book value per common share (excluding AOCI) as on March 31, 2015 was $7.15. Adjusted net income was $3.6 million or $0.04 per diluted share against $5.6 million or $0.06 per diluted share a year ago. Diluted book value per common share as on March 31, 2015 was $7.33. The company also announced that president & chief financial officer Robert A. Waegelein will retire on May 31, 2015. Waegelein joined the company in 1990 and has been chief financial officer for his entire 25 year tenure. The company announced that Adam Thackery, the company’s senior vice president, financial planning & analysis since October 2008, will be promoted to chief financial officer and David Monroe, the company’s senior vice president, Finance since 2007, will be promoted to chief accounting officer effective May 31, 2015. Waegelein will continue to be available to work with the Company as a consultant for the next twelve months to ensure a smooth transition.

Universal American Corp Presents at Bank of America Merrill Lynch 2015 Health Care Conference, May-13-2015 01:40 PM

Universal American Corp Presents at Bank of America Merrill Lynch 2015 Health Care Conference, May-13-2015 01:40 PM. Venue: Encore at the Wynn, 3131 S Las Vegas Blvd, Las Vegas, Nevada, United States. Speakers: Richard Barasch, Chairman & CEO.

 

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Industry Analysis

UAM

Industry Average

Valuation UAM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
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