Trade Molina Healthcare - MOH CFD

About Molina Healthcare, Inc.

Molina Healthcare, Inc. is a provider of managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces. The Company operates through four segments: Medicaid, Medicare, Marketplace, and Other. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which the Company offers managed healthcare services. Medicaid provides healthcare and long-term care services and support to low-income Americans. Medicare is a federal program that provides eligible persons age 65 and over and some disabled persons with a variety of hospital, medical insurance, and prescription drug benefits. Marketplace insurance exchanges allows individuals and small groups to purchase federally subsidized health insurance. The Company arranges healthcare services for its members through contracts with a network of providers, including independent physicians and physician groups, hospitals, and ancillary providers.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Molina Healthcare, Inc. revenues increased 43% to $27.77B. Net income decreased 2% to $659M. Revenues reflect Medicaid segment increase of 40% to $21.23B. Net income was offset by General and administrative expenses - Ba increase of 39% to $1.96B (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $11.41 to $11.40.

Equity composition

Common Stock $.000666667 Par, 05/11, 80M auth., 45,855,577 o/s.Insiders and strategic owns 35.42%. IPO: 7/02/03, 6.6M shares @ $17.50 by Banc of AmericaSecurities LLC. 05/11, 3-for-2 stock split.