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Last $7.15 USD
Change Today -0.02 / -0.28%
Volume 157.8K
UAM On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 4:15 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

universal american corp (UAM) Snapshot

Open
$7.10
Previous Close
$7.17
Day High
$7.23
Day Low
$7.09
52 Week High
06/22/15 - $11.16
52 Week Low
08/24/15 - $6.73
Market Cap
601.0M
Average Volume 10 Days
269.3K
EPS TTM
$0.09
Shares Outstanding
80.8M
EX-Date
08/8/13
P/E TM
77.0x
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 Announces Board Resignations

On August 21, 2015, Universal American Corp. announced that directors Robert A. Spass and Mark M. Harmeling each notified the company that they would resign from the company's board of directors effective as of such date. Mr. Spass has been a director of the company since 1999 and Mr. Harmeling has been a director since 1990.

Universal American Corp Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Universal American Corp. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $416.3 million compared with $461.3 million for the same period a year ago. Income from continuing operations before income taxes was $15.6 million compared with loss from continuing operations before income taxes of $6.0 million for the same period a year ago. Income from continuing operations was $7.4 million or $0.09 per share compared with loss from continuing operations of $7.1 million or $0.08 per share for the same period a year ago. Net loss was $7.4 million or $0.09 per share compared with $9.8 million or $0.12 per share for the same period a year ago. Adjusted net income was $1.6 million or $0.02 per share compared with $1.0 million or $0.01 per share for the same period a year ago. For the six months, the company reported total revenues of $821.1 million compared with $916.2 million for the same period a year ago. Income from continuing operations before income taxes was $4.8 million compared with loss from continuing operations before income taxes of $5.7 million for the same period a year ago. Income from continuing operations was $8.1 million or $0.10 per share compared with loss from continuing operations of $9.9 million or $0.11 per share for the same period a year ago. Net loss was $5.2 million or $0.06 per share compared with $14.9 million or $0.17 per share for the same period a year ago. Diluted book value per share of $7.16, diluted book value per common share (excluding AOCI) of $7.07, diluted tangible book value per common share (excluding AOCI) of $5.58. Adjusted net income was $3.9 million or $0.05 per share compared with $6.4 million or $0.08 per share for the same period a year ago. Tangible book value per common share of $5.58.

Universal American Corp to Report Q2, 2015 Results on Aug 07, 2015

Universal American Corp announced that they will report Q2, 2015 results at 10:00 AM, GMT Standard Time on Aug 07, 2015

 

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Industry Analysis

UAM

Industry Average

Valuation UAM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
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