Centene Corporation (CNC)

US — Healthcare Sector
Peers: THC  MEDP  HOLX  SNN  UHS  FMS  ILMN  TEM  RPRX  GMAB 

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Key Metrics & Ratings

  • symbol CNC
  • Rev/Share 396.6368
  • Book/Share 40.8413
  • PB 1.0667
  • Debt/Equity 0.9411
  • CurrentRatio 1.676
  • ROIC -0.1341

 

  • MktCap 21312748380.0
  • FreeCF/Share 8.7991
  • PFCF 4.9324
  • PE -3.1894
  • Debt/Assets 0.2418
  • DivYield 0
  • ROE -0.2774

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CNC Barclays Equal Weight Overweight -- $54 Jan. 5, 2026
Initiation CNC Goldman -- Sell -- $33 Oct. 14, 2025
Downgrade CNC Cantor Fitzgerald Overweight Neutral -- $38 July 28, 2025
Downgrade CNC Wells Fargo Overweight Equal Weight -- $30 July 23, 2025
Downgrade CNC TD Cowen Buy Hold -- $33 July 21, 2025
Downgrade CNC BofA Securities Neutral Underperform -- $30 July 16, 2025
Downgrade CNC Morgan Stanley Overweight Equal Weight -- $33 July 10, 2025
Downgrade CNC UBS Buy Neutral -- $45 July 2, 2025
Downgrade CNC JP Morgan Overweight Neutral -- $48 July 2, 2025
Resumed CNC Morgan Stanley -- Overweight -- $70 June 9, 2025

News

More At-Risk Californians Find Housing and Get Access to Medical and Other Care thanks to More Than $284 Million in Investments This Decade by Health Net
CNC
Published: February 24, 2026 by: PRNewsWire
Sentiment: Neutral

From 2020 to 2025, Health Net's investments have fueled community-based programs to expand access to medical, behavioral, wellness and social services for Medi-Cal members SACRAMENTO, Calif., Feb. 24, 2026 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), invested more than $284 million to strengthen and support community-based organizations from 2020 to 2025.

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image for news More At-Risk Californians Find Housing and Get Access to Medical and Other Care thanks to More Than $284 Million in Investments This Decade by Health Net
Ambetter Health Celebrates Completion of New Playground at Southeast Park
CNC
Published: February 12, 2026 by: PRNewsWire
Sentiment: Neutral

Volunteers partner with KABOOM! and the City of Hialeah to create a vibrant, kid-designed playspace in a single day FORT LAUDERDALE, Fla.

Read More
image for news Ambetter Health Celebrates Completion of New Playground at Southeast Park
Why Centene (CNC) is a Top Value Stock for the Long-Term
CNC
Published: February 11, 2026 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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image for news Why Centene (CNC) is a Top Value Stock for the Long-Term
Centene Corporation Is On The Mend After A Hefty Fall (Upgrade)
CNC
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Positive

Centene Corporation delivered strong revenue growth in 2025, but earnings and profitability sharply deteriorated, driven by surging medical costs and adverse policy impacts. Despite a net loss of $6.67 billion in 2025, CNC management projects 2026 EPS above $1.98 and adjusted EPS above $3, with improved HBR and profitability. I upgrade CNC to a soft, speculative Buy based on management's 2026 guidance but highlight substantial uncertainty and risk from marketplace enrollment and policy shifts.

Read More
image for news Centene Corporation Is On The Mend After A Hefty Fall (Upgrade)
Centene Incurs Q4 Loss, Revenues Up YoY due to PDP Business Strength
CNC
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

CNC incurs a Q4 adjusted loss per share as medical costs spike, but revenues jump nearly 22% on strong PDP and Marketplace premium growth.

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image for news Centene Incurs Q4 Loss, Revenues Up YoY due to PDP Business Strength
Centene Corporation (CNC) Q4 2025 Earnings Call Transcript
CNC
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Neutral

Centene Corporation (CNC) Q4 2025 Earnings Call Transcript

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image for news Centene Corporation (CNC) Q4 2025 Earnings Call Transcript
Health Net and Pro Football Hall of Fame Honor Sacramento Community and Inspire Local Youth During Super Bowl Week
CNC
Published: February 06, 2026 by: PRNewsWire
Sentiment: Neutral

'Salute to Service' and 'Strong Youth, Strong Communities' Events Bring Pro Football Legends to Sacramento and West Sacramento SACRAMENTO, Calif., Feb. 6, 2026 /PRNewswire/ -- On Wednesday, February 4, Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), teamed up with the Pro Football Hall of Fame to celebrate the lead-up to Super Bowl Sunday with two impactful events in the Sacramento region: "Salute to Service" and "Strong Youth, Strong Communities.

Read More
image for news Health Net and Pro Football Hall of Fame Honor Sacramento Community and Inspire Local Youth During Super Bowl Week
Centene (CNC) Reports Q4 Earnings: What Key Metrics Have to Say
CNC
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Centene (CNC) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Centene (CNC) Reports Q4 Earnings: What Key Metrics Have to Say
Can Centene's Q4 Earnings Escape Membership & Cost Headwinds?
CNC
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Neutral

CNC heads into Q4 earnings with revenue growth expected, but declining membership and higher medical costs cloud the outlook.

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image for news Can Centene's Q4 Earnings Escape Membership & Cost Headwinds?
WellCare of Kentucky and Centene Foundation Give $145,000 to Food Pantries to Help Tackle Food Insecurity in Kentucky
CNC
Published: January 28, 2026 by: PRNewsWire
Sentiment: Neutral

Donations strengthen community food resources for families struggling to access healthy food LOUISVILLE, Ky., Jan. 28, 2026 /PRNewswire/ -- WellCare of Kentucky and Centene Foundation , the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a strategic and timely investment aimed at addressing food insecurity across Kentucky.

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image for news WellCare of Kentucky and Centene Foundation Give $145,000 to Food Pantries to Help Tackle Food Insecurity in Kentucky
U.S. Managed Care Insurers To Post Lower Q4 2025 Net Income Amid Higher Costs
ALHC, CI, CNC, ELV, HUM, MOH, OSCR, UNH
Published: January 27, 2026 by: Seeking Alpha
Sentiment: Negative

U.S. Managed Care Insurers To Post Lower Q4 2025 Net Income Amid Higher Costs

Read More
image for news U.S. Managed Care Insurers To Post Lower Q4 2025 Net Income Amid Higher Costs
Centene Expands Palliative Care Access in Ohio Through Tuesday Health
CNC
Published: January 21, 2026 by: Zacks Investment Research
Sentiment: Positive

CNC teams up with Tuesday Health to expand palliative care in Ohio, blending in-person and virtual support.

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image for news Centene Expands Palliative Care Access in Ohio Through Tuesday Health
Artisan Mid Cap Value Fund Q4 2025 Performance Discussion And Portfolio Activity
BIO, CABO, CDW, CNC, EXPE, FCNCA, LKQ, NOV, NVT, PB, PINS, RVTY, VNT, WAFD
Published: January 21, 2026 by: Seeking Alpha
Sentiment: Positive

Online travel agency Expedia, our top overall contributor in Q4, drove performance in the consumer discretionary sector. Our top performers in the energy and financials sectors were NOV, a provider of oilfield equipment, technology and expertise, and First Citizens, a North Carolina-based bank. Our largest new purchase was Houston-headquartered Prosperity BancShares, the fifth-largest bank in Texas.

Read More
image for news Artisan Mid Cap Value Fund Q4 2025 Performance Discussion And Portfolio Activity
Tuesday Health and Buckeye Health Plan Partner to Bring Palliative Care for Ohioans with Serious Illness
CNC
Published: January 20, 2026 by: PRNewsWire
Sentiment: Neutral

Program launched January 1, 2026, to provide in-person and virtual palliative care COLUMBUS, Ohio, Jan. 20, 2026 /PRNewswire/ -- Tuesday Health and Buckeye Health Plan, a company of Centene Corporation (NYSE: CNC), today announced a new partnership to bring expanded palliative care to Ohioans living with serious illness. The program, launched on January 1, 2026, is designed to help members and their caregivers manage complex health needs, reduce avoidable hospital visits, and receive compassionate care in person and virtually.

Read More
image for news Tuesday Health and Buckeye Health Plan Partner to Bring Palliative Care for Ohioans with Serious Illness
CNC Deepens Medicaid Strategy With Cityblock Partnership in Illinois
CNC
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

Centene expands its Medicaid strategy by partnering with Cityblock Health to serve 10,000 Illinois members with 24/7 wrap-around care.

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image for news CNC Deepens Medicaid Strategy With Cityblock Partnership in Illinois
Centene Jumps 16.3% in 3 Months: A Comeback or Calm Before the Storm?
CNC
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

CNC shares jump 16.3% in three months, but high medical costs and thin margins keep the recovery debate alive.

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image for news Centene Jumps 16.3% in 3 Months: A Comeback or Calm Before the Storm?
Sunshine Health Partners with Local Women Athletes to Champion Health Awareness
CNC
Published: December 17, 2025 by: PRNewsWire
Sentiment: Neutral

FORT LAUDERDALE, Fla. , Dec. 17, 2025 /PRNewswire/ -- Sunshine Health, a company of Centene Corporation (NYSE: CNC) and a leading managed care organization dedicated to improving the health and well-being of Floridians, announced it will partner with elite female athletes who are aligned with Sunshine Health's mission of improving the health of the community and who are motivated to help others prioritize health and well-being.

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image for news Sunshine Health Partners with Local Women Athletes to Champion Health Awareness
Health Insurers Now Get a Pulse: 3 Stocks to Jump in 2026
CNC, CVS, UNH
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

Health insurers are regaining pricing control and margin visibility, putting UnitedHealth, CVS Health and Centene back in focus as managed care regains its pulse.

Read More
image for news Health Insurers Now Get a Pulse: 3 Stocks to Jump in 2026
3 HMO Stocks in Focus Despite Rising Medical Costs, Regulatory Pressures
CNC, HUM, UNH
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Negative

The Medical-HMO industry pursues growth through M&A and tech innovation, aided by easing interest rates, but faces headwinds from rising medical costs, regulatory shifts and a shortage of healthcare professionals. UNH, HUM and CNC are likely to navigate industry storms.

Read More
image for news 3 HMO Stocks in Focus Despite Rising Medical Costs, Regulatory Pressures
Health Net Providing Special Assistance to Members and Providers Affected by The Pack Fire in California
CNC
Published: December 11, 2025 by: PRNewsWire
Sentiment: Neutral

SACRAMENTO, Calif. , Dec. 11, 2025 /PRNewswire/ -- Following Gov.

Read More
image for news Health Net Providing Special Assistance to Members and Providers Affected by The Pack Fire in California
Meridian Health Plan of Illinois Commits $1.15 Million to Expand St. Louis Area Foodbank Mobile Pantry Program
CNC
Published: December 02, 2025 by: PRNewsWire
Sentiment: Neutral

"Food On The Move" aligns with Meridian's Eat Well, Be Well initiative to increase access to healthy food and nutrition awareness to underserved populations, food deserts, and rural areas in Illinois. CHICAGO , Dec. 2, 2025 /PRNewswire/ -- Meridian Health Plan of Illinois, Inc. (Meridian), a company of Centene Corporation (NYSE: CNC), announced it will provide a $1.15 million grant over the next three years to Food On The Move, a mobile food pantry program by the St. Louis Area Foodbank that brings healthy food to underserved populations and food deserts in urban communities and rural areas in Illinois.

Read More
image for news Meridian Health Plan of Illinois Commits $1.15 Million to Expand St. Louis Area Foodbank Mobile Pantry Program
American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
BWA, CNC, CRM, JNJ, KVUE, LMT, NVT, TER, UPS
Published: December 01, 2025 by: Seeking Alpha
Sentiment: Positive

Shares of Teradyne advanced sharply as investors cheered the company's robust earnings and outlook for Teradyne's artificial intelligence compute testing business. We initiated a position in this customer relationship management software company because it enjoys a dominant market share and a wide competitive moat. We exited our position in nVent. It rallied on the prospect of increasing data center demand, pushing the stock above what we viewed as its fair value.

Read More
image for news American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
Centene (CNC) Up 12.7% Since Last Earnings Report: Can It Continue?
CNC
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) reported earnings 30 days ago. What's next for the stock?

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image for news Centene (CNC) Up 12.7% Since Last Earnings Report: Can It Continue?
Recent SNAP Disruptions Highlight Urgent Need for Sustained Action Against Food Insecurity
CNC
Published: November 26, 2025 by: PRNewsWire
Sentiment: Neutral

Statewide Effort Aims to Deliver Immediate Relief and Long-Term Solutions for Families in Need SACRAMENTO, Calif. , Nov. 26, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), today announced multiple investments in 2025 aimed at tackling rising food insecurity across the state.

Read More
image for news Recent SNAP Disruptions Highlight Urgent Need for Sustained Action Against Food Insecurity
Coordinated Care Investments Bring Hope This Holiday Season: Tackling Food Insecurity and Nutrition Gaps in Washington
CNC
Published: November 25, 2025 by: PRNewsWire
Sentiment: Neutral

Coordinated Care has provided over 18 million meals statewide, including medically tailored meals, in addition to the member program Coordinated Care Harvest Bucks TACOMA, Wash. , Nov. 25, 2025 /PRNewswire/ -- Coordinated Care, a Washington managed care organization and wholly owned subsidiary of Centene Corporation (NYSE: CNC), has achieved a milestone of providing over 18 million meals across Washington since 2020, as part of their strategy to address food insecurity.

Read More
image for news Coordinated Care Investments Bring Hope This Holiday Season: Tackling Food Insecurity and Nutrition Gaps in Washington
Centene's Recovery Still Has Legs - Further Margin Expansion Ahead
CNC
Published: November 25, 2025 by: Seeking Alpha
Sentiment: Positive

CNC remains a Great Buy, thanks to its promising multi-year margin recovery prospects arising from the drastically raised premiums by the mid 30%s. While the management already expects to see "some degree of membership attrition," I am of the opinion that this is an inevitable (and temporary) pain for its future margin recovery. The raised FY2025 guidance and the bottoming in its FQ3'25 HBR imply the worst may be behind us, with FY2026 likely to bring forth improved numbers.

Read More
image for news Centene's Recovery Still Has Legs - Further Margin Expansion Ahead
Anticipation of This Trump Proposal Is Sending Health Insurance Stocks Higher Monday
CNC, MOH, OSCR
Published: November 24, 2025 by: Investopedia
Sentiment: Positive

Shares of several major health insurers surged Monday following reports President Donald Trump could be set to unveil a healthcare proposal that would extend Affordable Care Act subsidies.

Read More
image for news Anticipation of This Trump Proposal Is Sending Health Insurance Stocks Higher Monday
Oscar Health Stock Surges 22% and Centene Jumps 10%. Here's Why.
CNC, OSCR
Published: November 24, 2025 by: Barrons
Sentiment: Positive

The White House is planning to propose a two-year extension for Affordable Care Act subsidies, according to a report.

Read More
image for news Oscar Health Stock Surges 22% and Centene Jumps 10%. Here's Why.
AcariaHealth Highlights National Biosimilars Education Efforts with Three Events
CNC
Published: November 20, 2025 by: PRNewsWire
Sentiment: Neutral

Sessions with AcariaHealth, the National Association of Specialty Pharmacy (NASP), and Reuters Events deliver actionable insights on biosimilar adoption, patient access, and specialty pharmacy readiness ORLANDO, Fla. , Nov. 20, 2025 /PRNewswire/ -- AcariaHealth, a leading specialty pharmacy and a company of Centene Corporation (NYSE: CNC), announced the completion of three national educational events in October focused on the evolving U.S. biosimilars landscape.

Read More
image for news AcariaHealth Highlights National Biosimilars Education Efforts with Three Events
Health Net and Centene Foundation Invest $1.1M to Combat Food Insecurity in California
CNC
Published: November 20, 2025 by: PRNewsWire
Sentiment: Neutral

Investment to California Association of Food Banks Will Expand Access to Nutritious Foods in Local Rural Communities SACRAMENTO, Calif. , Nov. 20, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a $1.1 million investment awarded to the California Association of Food Banks to help address the growing food insecurity crisis impacting 1 in 5 Californians.

Read More
image for news Health Net and Centene Foundation Invest $1.1M to Combat Food Insecurity in California

About Centene Corporation (CNC)

  • IPO Date 2001-12-13
  • Website https://www.centene.com
  • Industry Medical - Healthcare Plans
  • CEO Sarah London
  • Employees 60400

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 specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.