Centene Corporation (CNC)
| Market Cap | 13.91B |
| Revenue (ttm) | 153.27B |
| Net Income (ttm) | 3.45B |
| Shares Out | 497.60M |
| EPS (ttm) | 6.72 |
| PE Ratio | 4.16 |
| Forward PE | 9.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,626,368 |
| Open | 29.07 |
| Previous Close | 29.14 |
| Day's Range | 27.88 - 29.07 |
| 52-Week Range | 27.88 - 80.59 |
| Beta | 0.44 |
| Analysts | Buy |
| Price Target | 58.63 (+109.77%) |
| Earnings Date | Jul 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 Summary
According to 17 analysts, the average rating for CNC stock is "Buy." The 12-month stock price target is $58.63, which is an increase of 109.77% from the latest price.
News
Centene Corporation (CNC) Faces Shareholder Ire Amidst Plummeting Stock and Lawsuit Over “Inflated Guidance” – Hagens Berman
SAN FRANCISCO, July 17, 2025 (GLOBE NEWSWIRE) -- Healthcare giant Centene Corporation (NYSE: CNC), a prominent provider of government-sponsored and commercial healthcare services, finds itself embroil...
Most Managed Care Insurers Expected To See Q2 2025 Drops In Revenue, Net Income
A majority of publicly traded US health insurers are expected to post QoQ declines in revenue and net income in Q2, according to an S&P Global Market Intelligence analysis of sell-side analyst forecas...
Meridian Health Plan of Illinois and Centene Foundation Award $1.5 Million to OSF HealthCare for New Mobile Maternity Care Unit
Mobile Unit to Deliver Much Needed Perinatal Care for Women, Enhancing Health Equity for Patients throughout Central Illinois CHICAGO , July 16, 2025 /PRNewswire/ -- Meridian Health Plan of Illinois, ...
Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CNC
LOS ANGELES , July 15, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Centene Corporation ("Centene" or "the Company") (NYSE: CNC) for viola...
CNC Investors Have Opportunity to Join Centene Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES , July 15, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Centene Corporation ...
Centene Corporation (CNC) Faces Shareholder Ire Amidst Plummeting Stock and Lawsuit Over "Inflated Guidance" - Hagens Berman
SAN FRANCISCO , July 15, 2025 /PRNewswire/ -- Healthcare giant Centene Corporation (NYSE: CNC), a prominent provider of government-sponsored and commercial healthcare services, finds itself embroiled ...
Superior HealthPlan Invests $700,000 to Offer Community Hygiene Closets in Texas
The initiative currently provides access to necessities in 20 communities across the state. AUSTIN, Texas , July 15, 2025 /PRNewswire/ -- Since 2020, Superior HealthPlan ("Superior"), a leading manage...
Why Centene's 40% Drop Doesn't Necessarily Signal A Buy
Centene Corp. CNC has dropped over 40% in recent sessions, and the decline may be more than just a market reaction. A closer look through the lens of the Adhishthana Principles reveals structural issu...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Centene
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Centene To Contact Him Directly To Discuss Their Options
Centene: Buy Signals Emerge After Capitulation-Like Sell-Off
Centene's stock plunged after withdrawing 2025 guidance due to higher medical costs, but the selloff appears to be a capitulation event. The stock is deeply oversold, trading at just 10x reduced 2025 ...
Centene Stock Down 40% — May Slide On $1 Trillion Medicaid Cuts
The Big Beautiful Bill Act cuts $1 trillion from Medicaid from which Centene gets 58% of its revenue. After plunging 40% will the stock drop more?
Centene's Punishment Overly Done - Contrarian Buy At A Deep Discount
CNC has been deeply punished for the suspended FY2025 adj EPS guidance, after supposedly reiterating the prior numbers in the FQ1'25 earnings call. It is apparent that the higher medical care activiti...
Centene Corporation (CNC) Investors See Over $11 Billion Of Shareholder Value Wiped Out In 1 Day Amid Independent Actuary Data, Withdrawn 2025 Guidance- Hagens Berman
SAN FRANCISCO , July 7, 2025 /PRNewswire/ -- On July 2, 2025, investors in Centene Corp. (NYSE: CNC) saw the price of their shares of this normally low-volatility stock crash 40%, after the company wi...
Molina Healthcare Trims Fiscal-Year Guidance Days After Centene Withdraws Its Outlook
The insurer says earnings pressure is expected to continue into the second half of the year.
Centene Corporation (CNC) Investors See Over $11 Billion Of Shareholder Value Wiped Out In 1 Day Amid Independent Actuary Data, Withdrawn 2025 Guidance – Hagens Berman
SAN FRANCISCO, July 03, 2025 (GLOBE NEWSWIRE) -- On July 2, 2025, investors in Centene Corp. (NYSE: CNC) saw the price of their shares of this normally low-volatility stock crash 40%, after the compan...
Centene's 40% Crash: Generational Buy Or Value Trap?
Centene's 40% drop after pulling 2025 guidance is driven by rising medical costs and margin pressure, but the sell-off appears overdone. Historical patterns show that similar sell-offs in 2016 and 202...
Centene's expected hit to EPS this year 'horrifying', says Jim Cramer
'Mad Money' host Jim Cramer dissects Centene's massive plummet following earnings.
Jim Cramer on what is behind Centene's 40% drop
'Mad Money' host Jim Cramer dissects Centene's massive plummet following earnings.
Jim Cramer gives his take on Centene's decline and the managed care sector
CNBC's Jim Cramer offered his take on Centene and the broader health insurance space as its stock plummeted when management unexpectedly withdrew full-year guidance. "Given this news from Centene, I t...
S&P 500 Gains and Losses Today: Centene Pulls Guidance, Health Insurance Stocks Fall
Major U.S. equities indexes finished Wednesday mixed as President Donald Trump announced that the U.S. has reached a trade deal with Vietnam.
Centene Faces Earnings Crunch as More Healthy Americans Exit Insurance Plans
The health-insurance provider is reckoning with multiple threats to its business, potentially leaving it with fewer and less-healthy enrollees signed up to its health-insurance plans.
Centene Tells United Healthcare To Hold Its Beer
Centene's stock plunged after slashing 2025 EPS guidance due to higher-than-expected morbidity and lower market growth in key states. The company's previous bullish guidance failed to materialize. De...
CNC Hits 8-Year Low, Big Banks Boost Dividends, STZ Earnings Rally
Centene (CNC) sold off more than 30% at the opening bell after withdrawing full-year guidance. Diane King Hall talks about how the "big, beautiful bill" plays a pivotal role in that downside price act...
Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – CNC
LOS ANGELES--(BUSINESS WIRE)---- $CNC--Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – CNC.
Centene's Medicaid business and healthcare costs are a problem, and its stock plunges
Centene's stock suffers a historic plunge as underestimation of healthcare costs leads the insurer to withdraw its full-year earnings outlook.