Centene Corporation (CNC)
| Market Cap | 39.64B |
| Revenue (ttm) | 150.10B |
| Net Income (ttm) | 2.44B |
| Shares Out | 534.20M |
| EPS (ttm) | 4.49 |
| PE Ratio | 16.53 |
| Forward PE | 11.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,474,104 |
| Open | 73.63 |
| Previous Close | 73.89 |
| Day's Range | 73.63 - 74.58 |
| 52-Week Range | 60.83 - 83.61 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 84.88 (+14.38%) |
| Earnings Date | Feb 6, 2024 |
About CNC
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible indi... [Read more]
Financial Performance
In 2022, Centene's revenue was $144.55 billion, an increase of 14.74% compared to the previous year's $125.98 billion. Earnings were $1.20 billion, a decrease of -10.76%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CNC stock is "Buy." The 12-month stock price forecast is $84.88, which is an increase of 14.38% from the latest price.
News
CENTENE TO PRESENT AT 42ND ANNUAL J. P. MORGAN HEALTHCARE CONFERENCE
ST. LOUIS , Dec. 22, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the 42nd Annual J. P. Morgan Healthcare Conference, to be held Monday, January 8 – Thursday...
Trillium Community Health Plan Awards 35 Grants to Improve Community Health in Oregon's Tri-County and Southwest Regions
Trillium's Grants Drive Health Equity and Access in Oregon EUGENE, Ore. and TIGARD, Ore.
KENTUCKY SPECIAL PARENT INVOLVEMENT NETWORK OFFERING FREE 'BRIDGE THE GAP IN SPECIAL EDUCATION' VIRTUAL SEMINARS
Grant from WellCare helps fund training for parents of children with disabilities LOUISVILLE, Ky. , Dec. 19, 2023 /PRNewswire/ -- The Kentucky Special Parent Involvement Network (KY-SPIN), a statewide...
Health Net's 'All Are Welcome' Campaign will Assist Newly Eligible Californians with Medi-Cal Enrollment
Beginning January 1, 2024, a new California law will allow adults ages 26 through 49 to qualify for full-scope Medi-Cal, regardless of immigration status SACRAMENTO, Calif. , Dec. 14, 2023 /PRNewswire...
AMBETTER OF ILLINOIS EXPANDS PROVIDER NETWORK TO INCLUDE RUSH UNIVERSITY SYSTEM FOR HEALTH
Ambetter of Illinois' collaboration with RUSH University System for Health offers its members expanded access to the award-winning medical system's high-quality healthcare CHICAGO , Dec. 13, 2023 /PRN...
Centene Climbs After Raising Its Outlook as It Cut Costs and Boosting Its Stock Buyback
Centene (CNC) shares gained close to 3% Tuesday after the health care provider raised its guidance as it cut costs, and boosted its stock buyback program.
Centene has helped Medicaid members move to marketplace products, says CEO Sarah London
Sarah London, Centene CEO, and CNBC's Bertha Coombs join 'The Exchange' to discuss the company's investor day, the outlook for Medicare and Medicaid, and more.
Midday Movers: Centene Rises as Costs Fall, Oracle Tumbles on Cloud Sales Miss
U.S. equities were slightly higher at midday as the latest report on consumer prices showed headline inflation easing ahead of tomorrow's decision from the Federal Reserve on interest rates in the pol...
Centene's stock rises 1.4% premarket after managed care company offers guidance that's above consensus
Centene Corp.'s stock CNC, +0.65% rose 1.4% premarket Tuesday, after the managed care provider set guidance for 2024 that was above consensus, while backing higher-than-expected profit guidance for 20...
CENTENE CORPORATION ANNOUNCES 2024 GUIDANCE
2024 adjusted diluted EPS of greater than $6.70. Board authorizes $4.0 billion increase to stock repurchase program.
PA Health & Wellness and the Centene Foundation Announce Partnership with Habitat for Humanity
PA Health & Wellness Safe & Sound Program to provide assistance with critical home repairs in Greater Harrisburg area HARRISBURG, Pa. , Dec. 11, 2023 /PRNewswire/ -- PA Health & Wellness (PHW), a who...
Peach State Health Plan and the Centene Foundation Announce $2.2 Million Commitment to Georgia Southern University for Rural Healthcare Workforce Development Program
Public-private partnership designed to bring more healthcare professionals to rural Georgia through accelerated impact of workforce development program ATLANTA , Dec. 11, 2023 /PRNewswire/ -- Peach ...
Ambetter from Sunshine Health and Broward Health Enter New Partnership to Provide Better Access to Healthcare for Floridians in Broward County
Partnership is Announced as Floridians Purchase 2024 Health Insurance Coverage during Open Enrollment Period FORT LAUDERDALE, Fla. , Dec. 7, 2023 /PRNewswire/ -- Ambetter from Sunshine Health, a produ...
MHS Partners with Mindoula to Promote Behavioral Health Services for Medicaid Members
New partnership will include personalized programs for suicide prevention, substance abuse, interpersonal violence, and more INDIANAPOLIS , Dec. 6, 2023 /PRNewswire/ -- Managed Health Services (MHS), ...
Top value investor Andrew Wellington breaks down his top stock picks
Andrew Wellington, Lyrical Asset Management Co-Founder & CIO, discusses his top value holdings.
Meridian in Michigan and the Centene Foundation Announce $1.1 Million Commitment to Alternatives For Girls
Funding Will Provide Early Childhood Care and Career Development to Help Homeless Families Achieve Long-Term Stability DETROIT , Dec. 5, 2023 /PRNewswire/ -- Meridian in Michigan, a wholly owned subsi...
CENTENE CORPORATION TO HOST INVESTOR DAY ON DECEMBER 12, 2023
ST. LOUIS , Dec. 4, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company") today announced that it will host an investor day on Tuesday, December 12, 2023. Sarah London, Chief Executive ...
CENTENE CEO SARAH M. LONDON NAMED ONE OF MODERN HEALTHCARE'S 100 MOST INFLUENTIAL PEOPLE
ST. LOUIS , Dec. 4, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) , a leading healthcare enterprise committed to helping people live healthier lives, announced today that its Chief Executive O...
CENTENE SUBSIDIARY ARIZONA COMPLETE HEALTH AWARDED STATEWIDE LONG-TERM CARE MEDICAID CONTRACT
ST. LOUIS , Dec. 1, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Arizona...
Ambetter Health and Take Command Announce Partnership to Offer Indiana Employers Access to Individual Coverage Health Reimbursement Arrangements
Ambetter Health Business Solutions, Powered by Take Command will enable businesses statewide to offer a flexible, affordable health insurance alternative to traditional group health insurance plans, t...
Iowa Total Care and the Centene Foundation Announce $2.55 Million Commitment to Central Iowa Shelter & Services
Funding to support development of Housing Command Center and mobile app to reduce homelessness in Des Moines, Grinnell and Ottumwa, and direct individuals and families to resources in real time DES MO...
Meridian Partners With Envolve Vision Van To Provide Free Exams and Eyeglasses to Urban, Rural Students
Mobile health program supports student's academic success, promotes overall well-being DETROIT , Nov. 20, 2023 /PRNewswire/ -- Meridian, a Michigan‑based provider of government‑sponsored health plans ...
Ambetter from Western Sky Community Care Offers Health Insurance Statewide in New Mexico in 2024
Ambetter from Western Sky Community Care offers New Mexico residents a variety of affordable plans during Open Enrollment, which began on Nov. 1 ALBUQUERQUE, N.M. , Nov. 16, 2023 /PRNewswire/ -- Ambet...
Nebraska Total Care Announces the Appointment of Adam Proctor as President and CEO
Proctor brings more than 20 years of healthcare industry experience and proven leadership to Nebraska Total Care OMAHA, Neb. , Nov. 16, 2023 /PRNewswire/ -- Nebraska Total Care, a leading provider of...
CENTENE CORPORATION ANNOUNCES NEW CHIEF OPERATING OFFICER
ST. LOUIS , Nov. 15, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company"), a leading healthcare enterprise committed to helping people live healthier lives, today announced the appoint...