Molina Healthcare (MOH)
(Delayed Data from NYSE)
$347.98 USD
-3.44 (-0.98%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $347.82 -0.16 (-0.05%) 7:58 PM ET
3-Hold of 5 3
A Value F Growth C Momentum C VGM
Company Summary
Founded in 1980 and headquartered in Long Beach, CA, Molina Healthcare Inc. is a multi-state managed care organization participating exclusively in government-sponsored healthcare programs such as the Medicaid program and the State Children's Health Insurance Program (SCHIP), catering to low-income persons. It is a FORTUNE 500 company.
The company provides managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces (the Marketplace). Strong Medicare and Medicaid performance will buoy results.
Molina Healthcare was formerly known as American Family Care Inc. until it changed its name in March 2000. The company ...
Company Summary
Founded in 1980 and headquartered in Long Beach, CA, Molina Healthcare Inc. is a multi-state managed care organization participating exclusively in government-sponsored healthcare programs such as the Medicaid program and the State Children's Health Insurance Program (SCHIP), catering to low-income persons. It is a FORTUNE 500 company.
The company provides managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces (the Marketplace). Strong Medicare and Medicaid performance will buoy results.
Molina Healthcare was formerly known as American Family Care Inc. until it changed its name in March 2000. The company currently operates in three segments: Medicaid, Medicare and Marketplace segments.
MOH generated premium revenues of $32.5 billion in 2023, out of which 80.9% was derived from the Medicaid unit, 12.8% from the Medicare unit and 6.3% from the Marketplace unit.
As of Dec 31, 2023, the company served around 5 million members through its locally-operated health plans across several markets, indicating a 5% year-over-year decrease. This is reflective of an improving business scenario.
The health plans are locally operated by wholly owned subsidiaries of Molina, each of which is licensed as a health maintenance organization, or HMO. Molina Healthcare derives revenues primarily from premiums paid to its health plans by the relevant state Medicaid authority. The premium revenues are jointly financed by the federal government and the states.
MOH also derives revenues from the federal Centers for Medicare and Medicaid Services (CMS) in connection with its Medicare services. Its primary competitors in the Medicaid managed care industry are Centene, CVS Health, Elevance Health, and UnitedHealth Group.
General Information
Molina Healthcare, Inc
200 OCEANGATE SUITE 100
LONG BEACH, CA 90802
Phone: 562-435-3666
Fax: 562-499-0790
Web: http://www.molinahealthcare.com
Email: joseph.krocheski@molinahealthcare.com
Industry | Medical - HMOs |
Sector | Medical |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 6.02 |
Current Year EPS Consensus Estimate | 23.50 |
Estimated Long-Term EPS Growth Rate | 12.30 |
Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 351.42 |
52 Week High | 423.92 |
52 Week Low | 282.96 |
Beta | 0.57 |
20 Day Moving Average | 501,120.91 |
Target Price Consensus | 372.36 |
4 Week | 1.62 |
12 Week | 18.20 |
YTD | -2.74 |
4 Week | 0.41 |
12 Week | 13.19 |
YTD | -18.65 |
Shares Outstanding (millions) | 58.60 |
Market Capitalization (millions) | 20,593.21 |
Short Ratio | NA |
Last Split Date | 5/23/2011 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 14.96 |
Trailing 12 Months | 16.72 |
PEG Ratio | 1.22 |
vs. Previous Year | 3.72% |
vs. Previous Quarter | 2.27% |
vs. Previous Year | 18.65% |
vs. Previous Quarter | -0.51% |
Price/Book | 4.25 |
Price/Cash Flow | 14.80 |
Price / Sales | 0.55 |
6/30/24 | 28.09 |
3/31/24 | 29.86 |
12/31/23 | 32.34 |
6/30/24 | 8.10 |
3/31/24 | 8.21 |
12/31/23 | 8.54 |
6/30/24 | 1.57 |
3/31/24 | 1.49 |
12/31/23 | 1.54 |
6/30/24 | 1.57 |
3/31/24 | 1.49 |
12/31/23 | 1.54 |
6/30/24 | 3.27 |
3/31/24 | 3.37 |
12/31/23 | 3.56 |
6/30/24 | 2.84 |
3/31/24 | 2.99 |
12/31/23 | 3.20 |
6/30/24 | 3.81 |
3/31/24 | 4.01 |
12/31/23 | 4.30 |
6/30/24 | 82.64 |
3/31/24 | 76.67 |
12/31/23 | 72.30 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.49 |
3/31/24 | 0.53 |
12/31/23 | 0.57 |
6/30/24 | 32.99 |
3/31/24 | 34.65 |
12/31/23 | 36.14 |