Medibank Private Limited (ASX: MPL)
Australia
· Delayed Price · Currency is AUD | Market Cap | 9.97B |
| Revenue (ttm) | 7.88B |
| Net Income (ttm) | 621.00M |
| Shares Out | 2.75B |
| EPS (ttm) | 0.22 |
| PE Ratio | 15.96 |
| Forward PE | 17.27 |
| Dividend | 0.16 (4.28%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 6,091,027 |
| Open | 3.680 |
| Previous Close | 3.670 |
| Day's Range | n/a |
| 52-Week Range | 3.330 - 3.940 |
| Beta | 0.19 |
| Analysts | n/a |
| Price Target | 3.87 (+6.91%) |
| Earnings Date | Aug 22, 2024 |
About Medibank Private
Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy. This segment also offers health insurance products to overseas visitors and overseas stud... [Read more]
Financial Performance
In 2023, MPL's revenue was 7.46 billion, an increase of 3.65% compared to the previous year's 7.20 billion. Earnings were 511.10 million, an increase of 29.75%.
Financial StatementsNews
Medibank’s lack of multi-factor authentication allowed hackers to infiltrate systems, regulator alleges
Court documents allege insurer’s network was configured so that only a username and password was required to gain access Follow our Australia news live blog for latest updates Get our morning and afte...
Economy grows by 0.1pc | RBA to ignore energy rebate | Medibank faces $21.5 trillion fine
Read everything that’s happened in the news so far today.
Medibank faces maximum $21.5trn fine in new cyber hack case
The privacy watchdog alleges Medibank failed to protect the details of 9.7 million customers, under law that provides for a penalty of $2.2 million for each breach.
Matildas coach blindsided by Kerr charge; PM dismisses push for ICC to investigate Australia’s role in Gaza; and NBN to boost speeds
Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon. Matildas coach Tony Gustavsson says he was b...
Medibank shares fall on disappointing policy growth guidance
Citi analyst Nigel Pittaway said the result was a “slight disappointment” as growth rates moderate across private health.
Medibank customers to get more cash back
Medibank customers will share in $200m worth of cash back payments related to the Covid pandemic, with policy holders eligible for amounts ranging up to about $165.
ASX to waver; US edgy before Nvidia results
Welcome to the Trading Day blog for Thursday, February 22. ASX to waver. Casino operator SkyCity's chief to step down in March. Qantas, Fortescue and Medibank among results in focus. AI darling Nvidia...
Gallery: A closer look at the Medibank hacker
An online investigation provides a detailed picture of the life of Aleksandr Ermakov, before he became a central figure in the Medibank hack that held Australia to ransom.
Revealed: The respectable life of the suspected Medibank hacker
The Russian hacker accused of stealing the medical records of millions of Australians in the Medibank attack lives in a Soviet era block of flats and once worked in social welfare.
Shadowy world of ransomware-for-hire revealed by online account activity linked to the Medibank hack
Experts have pieced together the online history of Aleksandr Gennadievich Ermakov to reveal his alleged cybercrime operations in the years leading up to the attack Who is the hacker being linked to th...
Australia sanctions Russian Aleksandr Ermakov over Medicare hack – video
Foreign minister Penny Wong says it will be a criminal offence to provide assets to Russian Aleksandr Gennadievich Ermakov after he was linked by authorities to the 'compromise of the Medibank Private...
Why it matters that Australia unmasked the Medibank hacker
The government has shown it can track down the faceless crooks, who seek to hold businesses to ransom, while also cleverly pressuring businesses to stop paying ransoms.
Australia sanctions Russian man for role in Medibank cyberattack
Nearly 10 million records were stolen in the 2022 attack, including names, dates of birth and sensitive medical information, and some of those records were published on the dark web, authorities said.
Australian spies blame Russian for major cyber attack
Australia has identified the Russian mastermind behind a crippling cyber attack, unmasking the 33-year-old hacker for the first time on Tuesday and linking him to an international crime syndicate.Hack...
Australia sanctions Russian citizen over 2022 Medibank cyber-attack
Government uses cyber sanctions powers under Magnitsky laws for first time to target Aleksandr Gennadievich Ermakov, alleged to be responsible for hack Follow our Australia news live blog for latest u...
‘Deliberate, malicious’: Medibank praises govt for chasing Russian hacker
Medibank has thanked the Albanese government for pursuing the Russian hacker behind Australia’s worst cyber attack, although a leading IT security expert warns it is unlikely to deter further data bre...
Cura Day Hospitals auction in rude health; binding offers due
Cura is a much larger investment – and there’s bound to be some unhappy rival health insurers – but there’s no doubt Medibank and Macquarie are keen to buy.
Medibank Private secures binding deal to lift MyHealth stake
It is understood Medibank has signed a binding agreement to go from owning about 33.3 per cent of MyHealth to 66.66 per cent at a $260 million valuation.
Integral Diagnostics chair pops up for Partners Group at Cura auction
The Zug-headquartered private equity firm is serious about its tilt as it jostles with Intermediate Capital Group and a Medibank/Macquarie consortium.
Medical test company’s ‘serious and systemic failures’ led to cyber-attack, watchdog says
Australian Clinical Labs hack alleged to have resulted in more than 200,000 health records and credit card details being published on dark web Follow our Australia news live blog for latest updates Ge...
Final bids for $500 million-plus Cura auction; doctors weigh in
Intermediate Capital Group, Partners Group and Macquarie Capital-advised Medibank are jostling for the doctor-owned day surgery network.
Three’s a crowd: Medibank in final furlong for $500m-plus Cura
It’s a straight-up cleaner deal for ICG, which has owned the business previously.
Medibank launches four day work week on same pay
Australia’s biggest health insurer, Medibank, will trial a four day working week with no loss of pay for the next six months, igniting one of the biggest changes to office work.
Medibank eyes larger MyHealth stake as founder looks for the exit
Street Talk understands the $9.7 billion ASX-listed private health insurance giant will become Myhealth’s largest shareholder
Medibank CEO says remediation was the focus for FY23 after last year's cyber attack
David Koczkar, CEO of Medibank, discusses the fallout of last year's cyber attack on the insurer, and how it is looking to integrate generative AI into the business.