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Video: What is a Stock Split?
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Molina Healthcare is a holding company. Through its subsidiaries, Co. provides managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces (the Marketplace). Co.'s segments are: Medicaid, which provides healthcare and long-term services and support to low-income Americans; Medicare, which is a federal program that provides eligible persons and some disabled persons, with a range of hospital, medical insurance, and prescription drug benefits; Marketplace, which provides Marketplace plans in various states where it provides Medicaid health plans; and Other, which includes long-term services and supports consultative services in Wisconsin. According to our MOH split history records, Molina Healthcare has had 1 split. | |
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Molina Healthcare (MOH) has 1 split in our MOH split history database. The split for MOH took place on May 23, 2011. This was a 3 for 2 split, meaning for each 2 shares of MOH owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Molina Healthcare splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the MOH split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Molina Healthcare shares, starting with a $10,000 purchase of MOH, presented on a split-history-adjusted basis factoring in the complete MOH split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$41.68 |
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End price/share: |
$330.67 |
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Dividends collected/share: |
$0.00 |
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Total return: |
693.35% |
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Average Annual Total Return: |
23.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$79,323.92 |
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Years: |
10.00 |
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Date |
Ratio |
05/23/2011 | 3 for 2 |
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