Molina Healthcare, Inc. (MOH)
| Market Cap | 15.82B |
| Revenue (ttm) | 39.16B |
| Net Income (ttm) | 1.18B |
| Shares Out | 55.50M |
| EPS (ttm) | 20.42 |
| PE Ratio | 14.15 |
| Forward PE | 11.77 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 127,708 |
| Open | 287.96 |
| Previous Close | 291.46 |
| Day's Range | 282.57 - 295.00 |
| 52-Week Range | 262.32 - 423.92 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 356.43 (+25.05%) |
| Earnings Date | Feb 5, 2025 |
About MOH
Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California. [Read more]
Financial Performance
In 2024, Molina Healthcare's revenue was $39.16 billion, an increase of 18.67% compared to the previous year's $33.00 billion. Earnings were $1.18 billion, an increase of 8.07%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MOH stock is "Buy." The 12-month stock price forecast is $356.43, which is an increase of 25.05% from the latest price.
News
Molina Healthcare, Inc. (MOH) Q4 2024 Earnings Call Transcript
Molina Healthcare, Inc. (NYSE:MOH) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Jeffrey Geyer - Head of Investor Relations Joe Zubretsky - President and Chief Exe...
Molina reports higher-than-feared Medicaid costs; shares tumble
Molina Healthcare reported higher-than-expected costs tied to its government-backed Medicaid plans, sending the health insurer's shares down nearly 9% in after-hours trading.
Molina Healthcare Reports Fourth Quarter and Year-End 2024 Financial Results
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported fourth quarter 2024 GAAP earnings per diluted share of $4.44 and adjusted earnings per diluted s...
Health Care Stocks Rise After Trump Vows To 'Love and Cherish' Medicare, Medicaid
A handful of health care stocks got a boost after President Trump said Friday his administration would “love and cherish Social Security, Medicare, and Medicaid.”
Molina Healthcare Announces the Closing of its Acquisition of ConnectiCare
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc. (“ConnectiCare”) closed effective as of February 1, ...
Idexx Stock, AbbVie, and Molina Buck Downward Tariff Trend. These Are Today's Top S&P 500 Performers.
Idexx Laboratories, AbbVie, and Molina Healthcare trade higher on a down day for Wall Street.
Molina Healthcare: Political Uncertainty Creates A Buying Opportunity
Michael Burry's significant investment in Molina Healthcare highlights its impressive growth rates and undervalued stock, trading at 12x forward earnings and below 7x forward EBITDA. Molina Healthcare...
Molina Healthcare Announces Fourth Quarter and Year-End 2024 Earnings Release and Conference Call Dates
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced it will issue its earnings release for the fourth quarter and year ending December 31, 2024, after the market c...
Molina Healthcare Awarded Contracts to Serve Dual Eligible Populations in Michigan and Idaho
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that the Michigan Department of Health and Human Services (MDHHS) has awarded a con...
Molina Healthcare of Michigan Partners with Instacart to Address Food Insecurity for Expectant Moms
LANSING, Mich.--(BUSINESS WIRE)--Molina Healthcare of Michigan partners with Instacart to address food insecurity for expectant moms.
Molina Healthcare Announces Closing of Offering of $750 Million of 6.250% Senior Notes Due 2033
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced the closing of its previously announced offering of $750 million aggregate principal amount of ...
Molina Healthcare Announces Pricing of $750 Million of 6.250% Senior Notes Due 2033
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced that it priced $750 million aggregate principal amount of its 6.250% senior notes due 2033 (the...
Molina Healthcare Announces Proposed Offering of $500 Million of Senior Notes Due 2033
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced that it intends to privately offer, subject to market and other conditions, $500 million aggreg...
Analyzing And Valuing Molina Healthcare As A Solid Company
Molina Healthcare increased its Medicaid membership by 49.55% between 2019 and 2023. The Medicaid health program, which represents 91% of Molina Healthcare's revenues, is expected to grow 5.2% annuall...
Trump Win Gives Some U.S. Health Insurers A Post-Election Bump On Wall Street
Several US health insurers saw notable stock price gains following the reelection of former US President Donald Trump amid an expectation of less federal scrutiny. Humana Inc. experienced the largest ...
The MolinaCares Accord and Molina Healthcare of Florida Donate $75,000 to Disaster Relief Efforts Following Hurricanes
MIAMI--(BUSINESS WIRE)--The MolinaCares Accord and Molina Healthcare of Florida donate $75,000 to disaster relief efforts following hurricanes.
Molina Healthcare Stock Soars 18% as Premium Revenue Surges
Molina Healthcare (MOH) shares skyrocketed 18%, scoring one of the top performances among S&P 500 stocks on Thursday, after the health insurer reported better-than-expected results. Increased premium ...
Molina Healthcare, Inc. (MOH) Q3 2024 Earnings Call Transcript
Molina Healthcare, Inc. (NYSE:MOH) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Jeffrey Geyer - Head of Investor Relations Joe Zubretsky - President, Chief Execut...
This Health Insurer's Stock Is Rising Just as Much as Tesla Thursday. Here's Why.
Molina Healthcare easily beats quarterly estimates for earnings and revenue.
Molina Healthcare beats third-quarter profit estimates on higher premiums
Molina Healthcare beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher premiums at its government-backed Medicaid insurance plans for the low-income population.
Molina Healthcare Reports Third Quarter 2024 Financial Results
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported third quarter 2024 GAAP earnings per diluted share of $5.65 and adjusted earnings per diluted sh...
Harris trades: These healthcare stocks could rally if she wins — or drop if Trump triumphs
Certain healthcare stocks rank among the “Harris trades,” meaning stocks that could rally on a win by Democratic presidential nominee Kamala Harris. Meanwhile, small-cap banks are among the stocks tha...
Molina Healthcare Q3 Earnings Preview - Cost Fears Flare Up
Rising medical costs and poor earnings from peers like Elevance Health and UnitedHealth have spooked investors, impacting Molina's stock. MOH's upcoming Q3 earnings have downside risks if industry tre...
The MolinaCares Accord and Molina Healthcare of Nebraska Provide $50,000 Grant to Community Center to Improve Health Outcomes for Mothers and Youth Living in Poverty
LINCOLN, Neb.--(BUSINESS WIRE)--The MolinaCares Accord and Molina Healthcare of Nebraska provide a $50,000 grant to improve health outcomes for mothers and youth living in poverty.