Centene Corporation (CNC)
| Market Cap | 49.90B |
| Revenue (ttm) | 133.18B |
| Net Income (ttm) | 1.50B |
| Shares Out | 584.89M |
| EPS (ttm) | 2.53 |
| PE Ratio | 33.71 |
| Forward PE | 15.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,467,290 |
| Open | 86.65 |
| Previous Close | 87.21 |
| Day's Range | 84.39 - 86.65 |
| 52-Week Range | 59.67 - 89.92 |
| Beta | 0.52 |
| Analysts | Buy |
| Price Target | 97.73 (+14.6%) |
| Earnings Date | Apr 26, 2022 |
About CNC
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its 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 individuals, as well as aged, blind, or disabled programs. Its health plans include primary and speci...
Financial Performance
In 2021, Centene's revenue was $125.98 billion, an increase of 13.38% compared to the previous year's $111.12 billion. Earnings were $1.35 billion, a decrease of -25.50%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for CNC stock is "Buy." The 12-month stock price forecast is 97.73, which is an increase of 14.56% from the latest price.
News
CENTENE CORPORATION TO HOST VIRTUAL INVESTOR MEETING ON JUNE 17, 2022
ST. LOUIS , May 19, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) will host its next Investor Meeting in a virtual format on Friday, June 17 th, 2022. Centene Corporation's senior management will...
Here's Why Centene Stock Is A Better Bet Compared To This Pharmaceuticals Bellwether
We think that Centene stock (NYSE: CNC) currently is a better pick compared to the pharmaceuticals bellwether Johnson & Johnson stock (NYSE: JNJ), given Centene's better prospects and comparatively lowe...
California's Most Vulnerable Get Boost in Access to Health Care by Data Driven Human Outreach and Relentless Drive fo...
Creating Human Connections, Meeting Patients Where They Are, and Keeping Solutions Simple among Key Best Practices to Improving Access and Driving Health Equity SACRAMENTO, Calif., May 12, 2022 /PRNewsw...
Behavioral Health Center of Excellence and Centene Announce Partnership to Advance Quality in Autism Treatment Outcomes
LOS ANGELES & ST. LOUIS--(BUSINESS WIRE)--Behavioral Health Center of Excellence (BHCOE), a data-driven healthcare accreditor, today announced a strategic partnership with Centene Corporation (NYSE:CNC)...
Centene Subsidiary Selected to Continue Serving Missouri's Medicaid Managed Care Members and Wins Single Source Foste...
ST. LOUIS , May 6, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its Missouri subsidiary, Home State Health, has been awarded the MO HealthNet Managed Care General Plan and Specia...
Stocks With Rising Composite Ratings: Centene
Centene saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 93 the day before. The post Stocks With Rising Composite Ratings: Centene appeared first on Investor's Business Daily.
General Atlantic, Nautic Partners and The Vistria Group Announce Strategic Acquisition of PANTHERx Rare From Centene ...
Investor consortium plans to partner with PANTHERx Rare to fuel its continued expansion as a leading rare and orphan focused specialty pharmacy PITTSBURGH, NEW YORK, PROVIDENCE, R.I. and CHICAGO, May 5,...
3 Growth Stocks That Beat Earnings Despite Inflation
Macroeconomic factors have challenged a lot of companies lately -- but these three companies have succeeded anyway.
CENTENE SIGNS DEFINITIVE AGREEMENTS TO DIVEST TWO PHARMACY BUSINESSES IN SEPARATE TRANSACTIONS
~ Centene to sell Magellan Rx to Prime Therapeutics ~ ~ Centene to sell PANTHERx to The Vistria Group, General Atlantic, and Nautic Partners ~ ~ Centene expects to receive aggregate proceeds of approxim...
CENTENE TO PRESENT AT BANK OF AMERICA 2022 HEALTHCARE CONFERENCE
ST. LOUIS , May 3, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the Bank of America 2022 Healthcare Conference, to be held Monday, May 9-Friday, May 13, 2022, ...
Buy XOM, SLCA, CNC and R Before Earnings Reports?
The earnings season is coming in soft as expected, but there should be a boost from energy stocks later this week.
Centene (CNC) Q1 Earnings Beat Estimates, Ups '22 EPS View
Centene's (CNC) first-quarter results highlight improved premium and service revenues and, higher membership growth. An increased 2022 guidance with respect to EPS and revenues should impress investors.
Centene (CNC) Q1 Earnings and Revenues Surpass Estimates
Centene (CNC) delivered earnings and revenue surprises of 8.93% and 7.21%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Centene profit and revenue rise above expectations, full-year outlook lifted
Centene Corp. CNC, +0.53% reported Tuesday first-quarter profit and revenue that rose above expectations, amid strength in its Medicare and Medicaid businesses, and raised its full-year earnings outlook...
CENTENE CORPORATION REPORTS FIRST QUARTER 2022 RESULTS AND INCREASES 2022 GUIDANCE
-- Diluted EPS of $1.44; Adjusted Diluted EPS of $1.83 -- -- Raises Total Revenue and Adjusted EPS Guidance -- ST. LOUIS , April 26, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today ...
What to Expect From Centene (CNC) this Earnings Season?
Centene's (CNC) first-quarter results are likely to reflect growing revenues attributable to a rise in premiums and membership, partly offset by lower investment income.
Meridian Shines a Light on Cyberbullying and Encourages Michigan Youth to Make a Difference
DETROIT , April 21, 2022 /PRNewswire/ -- In today's world of technology, many youth experience the negative consequences of increased connectivity and socialization in the form of cyberbullying. Cyberbu...
Centene (CNC) Earnings Expected to Grow: Should You Buy?
Centene (CNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CENTENE BOARD ISSUES STATEMENT ON DEPARTURE OF BOARD MEMBER
ST. LOUIS , April 15, 2022 /PRNewswire/ -- Centene Corporation's (NYSE: CNC) Board of Directors issued the following statement today: The Centene Board has accepted the resignation of Leslie V. Norwalk,...
What Centene's Next Era in Managed Care Looks Like
Neidorff built Centene through Medicaid contracts and strict cost controls. His successor is under pressure to increase margins.
Meridian Michigan Announces Appointment of New Chief Medical Officer
DETROIT , April 4, 2022 /PRNewswire/ -- Meridian Michigan, a provider of government-sponsored health plans, announced today that it has appointed Dr. Kay Judge as its new Chief Medical Officer, effectiv...
CENTENE TO HOLD 2022 ANNUAL MEETING FOLLOWING 2022 FIRST QUARTER FINANCIAL RESULTS CONFERENCE CALL
– Live Audio Webcast of Annual Meeting Available – ST. LOUIS , April 1, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that following the release of its 2022 first quarter financia...
Jesse Hunter Joins Welsh, Carson, Anderson & Stowe as Healthcare Operating Partner
NEW YORK, March 23, 2022 /PRNewswire/ -- Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries, announced today that Jesse...
CENTENE APPOINTS SARAH LONDON AS CHIEF EXECUTIVE OFFICER
ST. LOUIS, March 22, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that Sarah London, Vice Chairman of Centene, has been appointed Chief Executive Officer, effective immediately, ...
CENTENE CORPORATION SCHEDULES 2022 FIRST QUARTER FINANCIAL RESULTS CONFERENCE CALL
ST. LOUIS , March 22, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today issued a reminder that it will release its 2022 first quarter financial results at approximately 6 a.m. (Eastern Time) on...