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Molina Healthcare Inc - MOH STOCK NEWS

Welcome to our dedicated news page for Molina Healthcare (Ticker: MOH), a resource for investors and traders seeking the latest updates and insights on Molina Healthcare.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Molina Healthcare's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Molina Healthcare's position in the market.

Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) secured a Comprehensive Health Care Program contract from the Michigan Department of Health and Human Services. The contract covers six service regions and is set to commence on October 1, 2024, with a potential five-year duration and three one-year extensions. Molina Healthcare of Michigan will be among nine health plans providing coverage to Michigan's approximately 2 million Medicaid beneficiaries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
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none
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Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) announced details for the release of its first-quarter results ending March 31, 2024. The earnings release will be issued after the market closes on April 24, 2024, with a conference call scheduled for April 25, 2024, at 8:00 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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-
Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) announced that its Virginia health plan subsidiary was not selected as an awardee in the Commonwealth of Virginia's Cardinal Care Managed Care program. The current contract will continue until summer 2024. Molina Healthcare of Virginia serves around 140,000 members, and the Company is assessing future actions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
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none
Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) reported fourth quarter 2023 GAAP earnings per diluted share of $3.70 and adjusted earnings per diluted share of $4.38. Full year 2023 GAAP earnings per diluted share was $18.77 and adjusted earnings per diluted share was $20.88. Premium revenue for the full year 2023 was approximately $32.5 billion, with a 5% year over year increase. The Company served approximately 5.0 million members as of December 31, 2023. The full year 2024 earnings guidance includes expected premium revenue of approximately $38 billion and adjusted earnings of at least $23.50 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.35%
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Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) will release its fourth quarter and year-end results on February 7, 2024, followed by a conference call on February 8, 2024. The earnings release will be available on the company's website, and a telephonic replay of the conference call will be accessible until February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
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Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) completes acquisition of Bright Healthcare's California Medicare business, serving over 109,000 members
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
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Rhea-AI Summary
Company X announces expected closing on partnership with Company Y, increasing revenue by 15%. Ticker symbol: XYZ
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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Rhea-AI Summary
Molina Healthcare reports Q3 2023 earnings per share of $4.21 (GAAP) and $5.05 (adjusted), affirming full-year 2023 adjusted earnings guidance of at least $20.75 per share. Premium revenue increases by 8% year over year. The company serves approximately 5.2 million members, a 1% increase from last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
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Rhea-AI Summary
Molina Healthcare, Inc. to release Q3 2023 results on October 25, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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Rhea-AI Summary
Molina Healthcare, Inc. (NYSE: MOH) completes acquisition of My Choice Wisconsin, serving over 44,000 members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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Molina Healthcare Inc

NYSE:MOH

MOH Rankings

MOH Stock Data

22.06B
57.68M
1.13%
100.6%
1.96%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
US
Long Beach

About MOH

molina healthcare is a fortune 500 company that is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government sponsored health care. molina healthcare contracts with state governments and serves as a health plan providing a wide range of quality health care services to families and individuals. molina healthcare offers health plans in california, florida, illinois, michigan, new mexico, ohio, south carolina, texas, utah, washington, wisconsin and puerto rico. molina also offers a medicare product and has been selected in several states to participate in duals demonstration projects to manage the care for those eligible for both medicaid and medicare. molina healthcare owns and operates primary care clinics in california, florida, new mexico, washington and virginia. our medical offices provide individuals who qualify for government sponsored programs with medical care including prenatal care, immunizations, and flu shots