Centene Corporation (CNC)

NYSE: CNC · IEX Real-Time Price · USD
75.15
+1.40 (1.90%)
Apr 19, 2024, 4:01 PM EDT - Market closed
1.90%
Market Cap 40.19B
Revenue (ttm) 154.00B
Net Income (ttm) 2.70B
Shares Out 534.86M
EPS (ttm) 4.95
PE Ratio 15.18
Forward PE 11.03
Dividend n/a
Ex-Dividend Date n/a
Volume 2,598,206
Open 74.29
Previous Close 73.75
Day's Range 73.57 - 75.35
52-Week Range 60.83 - 81.42
Beta 0.39
Analysts Buy
Price Target 85.36 (+13.59%)
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]

Sector Healthcare
IPO Date Dec 13, 2001
Employees 67,000
Stock Exchange NYSE
Ticker Symbol CNC
Full Company Profile

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 Statements

Analyst Forecast

According to 15 analysts, the average rating for CNC stock is "Buy." The 12-month stock price forecast is $85.36, which is an increase of 13.59% from the latest price.

Price Target
$85.36
(13.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CENTENE SUBSIDIARY MERIDIAN IN MICHIGAN AWARDED MICHIGAN MEDICAID CONTRACTS

ST. LOUIS , April 9, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Meridi...

10 days ago - PRNewsWire

Mayor's Fund's Eviction-prevention Program Receives $2.8 Million Investment from Bob & Dolores Hope Foundation and Health Net

Join L.A. Care Health Plan prior donation to become top donors to We Are LA program LOS ANGELES , April 8, 2024 /PRNewswire/ -- Recognizing the importance of preventing evictions in overcoming Los Ang...

11 days ago - PRNewsWire

Health care stocks headed for worst day since early November

CNBC's Bertha Coombs reports on what's driving health insurer stocks lower.

Other symbols: CICVSELVHUMUNH
17 days ago - CNBC Television

Health insurer stocks slide as final Medicare Advantage rates disappoint

The rate adds more pressure on insurers already grappling with high medical costs and uncertainty after the cyberattack on UnitedHealth Group's tech unit.

Other symbols: CVSELVHUMUNH
17 days ago - CNBC

Oklahoma Complete Health Now Serving SoonerSelect Members

OKLAHOMA CITY , April 1, 2024 /PRNewswire/ -- Oklahoma Complete Health, a care management organization serving the needs of Oklahomans with health insurance solutions and a subsidiary of Centene Corpo...

18 days ago - PRNewsWire

Health Net Federal Services Named Top Contact Center Awardee

Company was also recognized – for the 12th consecutive year – as a Center of Excellence by BenchmarkPortal ARLINGTON, Va. , March 29, 2024 /PRNewswire/ -- Health Net Federal Services, LLC (HNFS), a ma...

21 days ago - PRNewsWire

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...

23 days ago - PRNewsWire

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.

25 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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,...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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?

Other symbols: CIELVHUMUNH
7 weeks ago - Yahoo Finance

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire