Centene Corporation (CNC)
Market Cap | 41.98B |
Revenue (ttm) | 154.00B |
Net Income (ttm) | 2.70B |
Shares Out | 534.86M |
EPS (ttm) | 4.95 |
PE Ratio | 15.85 |
Forward PE | 11.53 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,343,016 |
Open | 78.56 |
Previous Close | 78.35 |
Day's Range | 78.29 - 78.91 |
52-Week Range | 60.83 - 81.42 |
Beta | 0.38 |
Analysts | Buy |
Price Target | 85.43 (+8.86%) |
Earnings Date | Apr 26, 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. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support. This segment also provides healthcare products. The Medi... [Read more]
Financial Performance
In 2023, Centene's revenue was $154.00 billion, an increase of 6.54% compared to the previous year's $144.55 billion. Earnings were $2.70 billion, an increase of 124.79%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CNC stock is "Buy." The 12-month stock price forecast is $85.43, which is an increase of 8.86% from the latest price.
News
Sunflower Health Plan and Centene Foundation Announce $160,000 Grant to Hays Medical Center Foundation
Funding to Help Expand Access to Behavioral Health Services in Rural Kansas LENEXA, Kan. , March 27, 2024 /PRNewswire/ -- Sunflower Health Plan ("Sunflower"), a managed care organization established t...
Health Net Providing Special Assistance to Members Affected by Winter Storms Throughout California
Health Net Assisting Members During State of Emergency SACRAMENTO, Calif. , March 25, 2024 /PRNewswire/ -- In response to Gov.
Texas-based Superior HealthPlan Releases Annual Community Investment Report
Superior partnered with 629 organizations and contributed nearly $1 million in funding to Texas-based community organizations in 2023 AUSTIN, Texas , March 18, 2024 /PRNewswire/ -- Superior HealthPlan...
DELAWARE FIRST HEALTH DONATES $15,000 FOR DOULAS TO BE CREDENTIALED IN DELAWARE
NEWARK, Del. , March 14, 2024 /PRNewswire/ -- Delaware First Health, a managed care organization and wholly owned subsidiary of Centene Corporation (NYSE: CNC), today announced three $5,000 donations,...
CENTENE CORPORATION TO HOST 2024 FIRST QUARTER FINANCIAL RESULTS EARNINGS CALL
ST. LOUIS , March 7, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that it will release its 20...
11 Texas Schools, Superior HealthPlan & The Centene Foundation Create a Culture of Belonging Through National No One Eats Alone® Day
More than 2,000 schools nationwide participated in this year's event. EL PASO, Texas , March 7, 2024 /PRNewswire/ -- For the eighth year in a row, Superior HealthPlan ("Superior"), a leading managed...
Superior HealthPlan Grant Program Now Open to Providers and Community-based Organizations in Texas
Applications to Address Non-medical Drivers of Health are due by March 31. AUSTIN, Texas , March 5, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas ...
CENTENE TO PRESENT AT BARCLAYS 26TH ANNUAL GLOBAL HEALTHCARE CONFERENCE
ST. LOUIS , Feb. 29, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present at the Barc...
Analyst talks stock plays in health care
Hospital revenue has grown by nearly 8% year-to-date in 2024. While hospital and medical costs are aiming to moderate, what does this entail for healthcare stocks and the sector at large?
DELAWARE FIRST HEALTH PARTNERS WITH PYX HEALTH TO TACKLE LONELINESS EPIDEMIC
Innovative Social Health Technology Platform Screens for Loneliness, Depression, and Anxiety While Offering Proven Science-Based Support NEWARK, Del. , Feb. 29, 2024 /PRNewswire/ -- Today Delaware Fir...
Sunflower Health Plan, Centene Foundation and KU Endowment Announce $500,000 Grant to the Kansas Nursing Workforce Center
Funding to Help Address Imbalances in Kansas Healthcare Workforce LENEXA, Kan. , Feb. 28, 2024 /PRNewswire/ -- Sunflower Health Plan ("Sunflower"), a managed care organization established to deliver q...
California Schools, Health Net & The Centene Foundation Create a Culture of Belonging Through National No One Eats Alone® Day
More than 2,000 schools nationwide are expected to participate in this year's event. SACRAMENTO, Calif.
Sunshine Health Offers $200,000 in Grants to 53 Florida Nonprofits
FORT LAUDERDALE, Fla. , Feb. 20, 2024 /PRNewswire/ -- Sunshine Health , a wholly-owned subsidiary of Centene Corporation (NYSE: CNC), is proud to announce the latest winners of their Community Connec...
Missouri Schools and Home State Health Create a Culture of Belonging Through National No One Eats Alone® Day
More than 2,000 schools nationwide are expected to participate in this year's event. ST. LOUIS , Feb. 16, 2024 /PRNewswire/ -- For the sixth year in a row, Home State Health, a Managed Care Organizati...
Meridian in Michigan and the Centene Foundation Announce $1.1 Million Grant to Wayne Mobile Health Unit
Grant will address maternal and infant health disparities through deployment of mobile vans to maternal health equity zones DETROIT , Feb. 15, 2024 /PRNewswire/ -- Meridian in Michigan , a leading man...
WellCare of North Carolina and Reinvestment Partners Join to Improve the Health of North Carolinians
Eat Well Program to Provide Financial Assistance for over 1,600 Medicaid Members to Purchase Fruits and Vegetables DURHAM, N.C. , Feb. 13, 2024 /PRNewswire/ -- WellCare of North Carolina , a wholly ow...
CENTENE CORPORATION REPORTS 2023 RESULTS
-- 2023 Full Year Diluted E PS of $4.95; Adjusted Diluted EPS of $6.68 -- 2023 adjusted diluted EPS of $6.68 , up over 15% from $5.78 in 2022. 2023 health benefits ratio of 87.7%, consistent with 2022...
Sunflower Health Plan and Centene Foundation Announce $390,000 Grant to LADD Smart Living
Partnership to Facilitate Opportunities for Increased Independence for Kansans with Intellectual and Developmental Disabilities LENEXA, Kan. , Feb. 1, 2024 /PRNewswire/ -- Sunflower Health Plan ("Sun...
Oklahoma Complete Health SoonerSelect Open Enrollment Begins Feb. 1
Eligible SoonerCare members will soon have access to new healthcare plans OKLAHOMA CITY , Feb. 1, 2024 /PRNewswire/ -- Oklahoma Complete Health, a care management organization serving the needs of Okl...
CENTENE NAMED TO FORTUNE® 2024 LIST OF THE WORLD'S MOST ADMIRED COMPANIES™
Recognition Marks Sixth Consecutive Year Centene Is in the Annual Ranking ST. LOUIS , Jan. 31, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helpin...
Health Net Awards $2 Million to Support 47 California Independent Physician Practices, Complementing Initiative from Department of Health Care Services
Grants will provide independent physician practices with funds to implement DHCS' Equity and Practice Transformation Directed Payment Program SACRAMENTO, Calif. , Jan. 30, 2024 /PRNewswire/ -- Health ...
Superior HealthPlan Celebrates 25 Years of Putting Members First
With more than 2 million members, Superior has grown into the largest Medicaid managed care organization in Texas. AUSTIN, Texas , Jan. 30, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), the l...
Peach State Health Plan and the Centene Foundation Announce $2.2 Million Commitment to Augusta University
Funding will support expansion of programs that work to place physicians and dentists in rural parts of Georgia ATLANTA , Jan. 24, 2024 /PRNewswire/ -- Today, Peach State Health Plan, a care managemen...
CENTENE CORPORATION TO HOST 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS EARNINGS CALL
ST. LOUIS , Jan. 23, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC) issued a reminder today that it will release its 2023 fourth quarter and full year financial results at approximately 6 a.m. E...
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