Molina Hlthcare Stock Price, News & Analysis

Molina Healthcare (NYSE: MOH) has scheduled its first quarter 2025 earnings release and conference call. The company will release its Q1 2025 financial results after market close on Wednesday, April 23, 2025.

A conference call and webcast to discuss the earnings will be held the following day, Thursday, April 24, 2025, at 8:00 a.m. Eastern Time. Investors can access the teleconference by dialing (877) 883-0383 with confirmation number 3317326.

A replay will be available through May 1, 2025, via phone at (877) 344-7529 (confirmation number: 6106565). The live broadcast will be accessible on the company's investor relations website, with a 30-day online replay available shortly after the call.

Molina Healthcare (NYSE: MOH) reported strong financial results for Q4 and full-year 2024. Full-year premium revenue reached $38.6 billion, a 19% increase year-over-year, driven by new contract wins, acquisitions, and growth in current markets. The company achieved $20.42 GAAP earnings per diluted share and $22.65 adjusted EPS for 2024, representing 9% and 8% growth respectively.

The company served approximately 5.5 million members as of December 31, 2024. The consolidated Medical Care Ratio (MCR) was 89.1%, with Medicaid MCR at 90.3%, Medicare MCR at 89.1%, and Marketplace MCR at 75.4%. For 2025, Molina projects premium revenue of approximately $42 billion and adjusted earnings of at least $24.50 per diluted share, including $1.00 per share in implementation costs for new contracts.

Molina Healthcare (NYSE: MOH) has successfully completed its acquisition of ConnectiCare Holding Company, effective February 1, 2025. The acquisition brings ConnectiCare's approximately 140,000 members across Marketplace, Medicare, and certain commercial products under Molina's umbrella.

Molina Healthcare (NYSE: MOH) has announced its schedule for releasing fourth quarter and year-end 2024 financial results. The company will release its earnings report after market close on Wednesday, February 5, 2025, followed by a conference call and webcast on Thursday, February 6, 2025, at 8:00 a.m. Eastern Time.

Investors can access the teleconference by dialing (877) 883-0383 with confirmation number 6464707. A replay will be available until February 13, 2025, by calling (877) 344-7529 with confirmation number 2353454. The conference call will be broadcast live on the company's investor relations website, with a 30-day online replay available shortly after the broadcast.

Molina Healthcare (NYSE: MOH) has secured significant contracts in Michigan and Idaho to serve dual-eligible populations (individuals enrolled in both Medicare and Medicaid). In Michigan, Molina's subsidiary received a Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP) contract covering eleven service regions across the entire lower peninsula. The Michigan contract, named MI Coordinated Health, will commence on January 1, 2026, with a seven-year duration and potential three one-year extensions.

In Idaho, Molina's subsidiary is set to administer the State's Medicare Medicaid Coordinated Plan (MMCP) and Idaho Medicaid Plus Plan (IMPlus), where it currently serves about 11,000 dual-eligible members. The Idaho contract will also begin January 1, 2026, with an initial four-year term and possible one-year extension.

Molina Healthcare (NYSE: MOH) has completed its previously announced offering of $750 million in senior notes due 2033. The notes carry a 6.250% interest rate, payable semi-annually on January 15 and July 15, starting July 15, 2025. After deducting fees and expenses, the net proceeds amount to approximately $740 million. The company plans to use these funds for general corporate purposes, including debt repayment, acquisitions, share repurchases, capital expenditures, working capital, and capital contributions to its health plan subsidiaries for statutory requirements.

Molina Healthcare (NYSE: MOH) has announced the pricing of $750 million in senior notes due 2033, with a 6.250% interest rate. The notes will be sold privately to qualified institutional buyers and will be payable semi-annually starting July 15, 2025. After deducting fees, the company expects net proceeds of approximately $740 million, which will be used for general corporate purposes including debt repayment, acquisitions, share repurchases, capital expenditures, working capital, and capital contributions to health plan subsidiaries.

Molina Healthcare (NYSE: MOH) has announced plans to privately offer $500 million in senior notes due 2033. The offering will be made to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S. The notes will not be guaranteed by company subsidiaries at issuance. Net proceeds will be used for general corporate purposes, including potential debt repayment, acquisitions, share repurchases, capital expenditures, working capital, and capital contributions to health plan subsidiaries for statutory requirements.

Molina Healthcare (NYSE: MOH) reported strong Q3 2024 financial results with GAAP earnings of $5.65 per diluted share, up 34% year-over-year, and adjusted earnings of $6.01 per diluted share, up 19%. Premium revenue reached $9.7 billion, an 18% increase, driven by new contract wins and acquisitions. The company serves approximately 5.6 million members, an 8% increase from 2023. The Medical Care Ratio was 89.2%, while the G&A ratio improved to 6.5%. Molina reaffirmed its full year 2024 guidance, expecting premium revenue of $38 billion and adjusted earnings of at least $23.50 per diluted share.