Centene Corporation (CNC)
Market Cap | 31.26B |
Revenue (ttm) | 147.17B |
Net Income (ttm) | 3.31B |
Shares Out | 496.04M |
EPS (ttm) | 6.31 |
PE Ratio | 9.99 |
Forward PE | 8.65 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,113,176 |
Open | 63.61 |
Previous Close | 63.86 |
Day's Range | 62.11 - 63.86 |
52-Week Range | 55.03 - 80.59 |
Beta | 0.53 |
Analysts | Buy |
Price Target | 80.43 (+27.65%) |
Earnings Date | Apr 25, 2025 |
About CNC
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States. The company operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healt... [Read more]
Financial Performance
In 2024, Centene's revenue was $147.17 billion, an increase of 4.09% compared to the previous year's $141.39 billion. Earnings were $3.31 billion, an increase of 22.32%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CNC stock is "Buy." The 12-month stock price forecast is $80.43, which is an increase of 27.65% from the latest price.
News

Which Stocks Stayed Green as the Market Plummeted?
Only a handful of S&P 500 stocks managed to generate gains during the market's historic four-day plunge.

CENTENE SUBSIDIARY SILVERSUMMIT HEALTHPLAN AWARDED NEVADA MEDICAID CONTRACT
ST. LOUIS , April 10, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its Nevada subsidiary...

Health Net and Centene Foundation Invest More than $9 Million in Initiatives to Expand and Strengthen California's Physician Workforce
Investments will help address barriers to medical school, from youth through college, and support the development of today's practicing physicians SACRAMENTO, Calif. , April 10, 2025 /PRNewswire/ -- H...

These 20 stocks have risen during Trump's trade tirade. Analysts see up to 30% additional upside.
The stock market doesn't react well to uncertainty. And the daily headlines about new tariffs being placed on U.S. imports and possible negotiations with trading partners to do away with tariffs have ...

Potatoes, discount chains and drugmakers offer havens in stock-market bloodbath
Potato maker Lamb Weston Holdings Inc., telecom giant Verizon Communications Inc., drug maker AbbVie Inc. and retailer TJX Cos. all bucked a sharp market selloff Thursday, as Wall Street turned to sto...

'Ohana Health Plan and Healthy Mothers Healthy Babies Coalition of Hawaii Extend Partnership to Improve Maternal and Child Health Outcomes
The $500,000 cumulative capital investment provides an all-inclusive maternal and child health program HONOLULU , March 27, 2025 /PRNewswire/ -- 'Ohana Health Plan, a leading provider of government-sp...

Centene: A Leader In Government-Sponsored Insurance And Its Prospects
Centene's business transformation and strategic focus on core segments have led to increased operational marginality, despite losing 3.3 million Medicaid customers in 2024. I assign a "Buy" rating to ...

'Ohana Health Plan Provides Scholarships for Aspiring Nurses at UH West O'ahu
The $25,000 contribution will fund the pre-nursing pathway program for students HONOLULU , March 24, 2025 /PRNewswire/ -- 'Ohana Health Plan , a leading provider of government-sponsored managed care ...

CENTENE CORPORATION TO HOST 2025 FIRST QUARTER FINANCIAL RESULTS EARNINGS CALL
ST. LOUIS , March 18, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that it will release its 2...

Centene Corporation Is Resilient And Will Thrive
Centene Corporation is a buy opportunity under $60, with a strong valuation and momentum, despite market volatility and economic concerns. The company reported strong Q4 '24 results, with EPS of $0.80...

CENTENE SUBSIDIARY MERIDIAN HEALTH PLAN OF ILLINOIS AWARDED CONTRACT TO SERVE DUALLY ELIGIBLE MEDICARE AND MEDICAID MEMBERS ACROSS THE STATE
ST. LOUIS , March 17, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Merid...

CENTENE TO PRESENT AT BARCLAYS 27TH ANNUAL GLOBAL HEALTHCARE CONFERENCE
ST. LOUIS , March 7, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present via webcast...

Superior HealthPlan to Provide $200,000 Through Annual Grant Program
Community-based organizations and providers across Texas can apply for funding through March 31, 2025. AUSTIN, Texas , March 4, 2025 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed...

Texas Students Build a Culture of Belonging Through No One Eats Alone Day in Partnership with Superior HealthPlan and The Centene Foundation
1.5 million students nationwide participated in this year's event, organized by Beyond Differences. AUSTIN, Texas , Feb. 27, 2025 /PRNewswire/ -- For a ninth consecutive year, Superior HealthPlan ("...

U.S. Managed Care Q4 2024 Earnings Recap: Medical Costs Continue To Mount
US managed care insurers' fourth quarter 2024 earnings season was characterized by generally higher medical costs amid ongoing changes to federally subsidized healthcare plans that, in some cases, res...

CENTENE APPOINTS KENNETH Y. TANJI TO BOARD OF DIRECTORS
ST. LOUIS , Feb. 24, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("the Company") announced today the appointment of Kenneth Y. Tanji to the Centene Board of Directors, effective February 20, ...

California Students Build a Culture of Belonging Through National No One Eats Alone® Day Thanks to Health Net & The Centene Foundation
More than 1.5 million students nationwide to participate in this year's event SACRAMENTO, Calif. , Feb. 14, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care ...

'Ohana Health Plan and the Centene Foundation Award Grant to Hawai'i Island Community Health Center to Expand Healthcare Access
The $550,000 grant will fund a mobile health clinic for underserved students KAILUA-KONA, Hawai'i, Feb. 11, 2025 /PRNewswire/ -- 'Ohana Health Plan , a leading provider of government-sponsored manage...

Texas-based Superior HealthPlan Releases Annual Community Investment Report
Superior partnered with 759 nonprofits and schools and contributed $1.2 million in funding to Texas-based organizations in 2024. AUSTIN, Texas , Feb. 11, 2025 /PRNewswire/ -- Superior HealthPlan ("Sup...

Centene Corporation (CNC) Q4 2024 Earnings Conference Call Transcript
Centene Corporation (NYSE:CNC) Q4 2024 Earnings Conference Call February 4, 2025 8:30 AM ET Company Participants Jennifer Gilligan - Senior Vice President, Finance and Investor Relations Sarah London...

Insurance Firm Centene Sees Q4 Revenue Boost, Sticks To Annual Forecast
On Tuesday, Centene Corporation CNC reported fourth-quarter sales of $40.80 billion. That's up 3.41% year-over-year, beating the consensus of $39.13 billion.

Obamacare Leads Centene To $3.3 Billion 2024 Profit As Medicaid Drops
Centene Tuesday reported $3.3 billion in 2024 profits as Obamacare enrollment and premium revenue helped overcome a big dip in Medicaid enrollment.

Centene beats quarterly profit estimates on strength in commercial plans
Centene beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by strength in its commercial health insurance plans.

CENTENE CORPORATION REPORTS 2024 RESULTS
-- 2024 Full Year Diluted EPS of $6.31; Adjusted Diluted EPS of $7.17 -- 2024 adjusted diluted EPS of $7.17, up 7% from $6.68 in 2023. Membership increases of 12% in Marketplace and 50% in Medicare PD...

Trump gives a lift to healthcare stocks with comments on Medicare and Medicaid
Trump has pledged to protect Social Security and Medicare throughout his campaign, one analyst noted, but this was the first time he added Medicaid to the list.