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 378.4188
  • Book/Share 42.8696
  • PB 0.803
  • Debt/Equity 0.8394
  • CurrentRatio 1.0845
  • ROIC -0.1505

 

  • MktCap 16834463210.0
  • FreeCF/Share 6.8331
  • PFCF 5.0162
  • PE -3.1799
  • Debt/Assets 0.2142
  • DivYield 0
  • ROE -0.2061

 

  • 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
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
Downgrade CNC Barclays Overweight Equal Weight -- $65 June 2, 2025

News

Centene Corporation (CNC) Presents at UBS Global Healthcare Conference 2025 Transcript
CNC
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Centene Corporation ( CNC ) UBS Global Healthcare Conference 2025 November 11, 2025 10:15 AM EST Company Participants Sarah London - CEO & Director Andrew Asher - Chief Financial Officer Conference Call Participants Albert Rice - UBS Investment Bank, Research Division Presentation Albert Rice UBS Investment Bank, Research Division Well, hello, everyone. Welcome to our next session.

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image for news Centene Corporation (CNC) Presents at UBS Global Healthcare Conference 2025 Transcript
Health Insurer Stocks Slide on President Trump's Call to Change ACA Payments
CNC, HCA, MOH
Published: November 10, 2025 by: Investopedia
Sentiment: Negative

Centene (CNC), HCA Healthcare (HCA) and Molina Healthcare (MOH) are among the worst-performing stocks in the S&P 500 Monday after President Donald Trump suggested federal health care money should circumvent insurers and go directly to people.

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image for news Health Insurer Stocks Slide on President Trump's Call to Change ACA Payments
Top Stock Movers Now: Palantir, Micron Technology, Centene, Ball, and More
BALL, CNC, MU, PLTR
Published: November 10, 2025 by: Investopedia
Sentiment: Positive

Major U.S. equities indexes climbed Monday afternoon amid optimism Congress could soon agree on a spending plan to end the record U.S. government shutdown. The S&P 500 was up close to 1%, and the Nasdaq rose over 1%.

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image for news Top Stock Movers Now: Palantir, Micron Technology, Centene, Ball, and More
Oakmark Global All Cap Strategy Q3 2025 Portfolio Performance
BABA, CHTR, CNC, DSDVF, GOOG
Published: November 10, 2025 by: Seeking Alpha
Sentiment: Positive

Alibaba Group's stock price rose significantly following earnings that reflected rapid Chinese AI growth. Alphabet's stock price appreciated following a favorable ruling in the Google Search antitrust case and second-quarter earnings that exceeded expectations across the board. Charter Communications was a detractor during the quarter. Its stock price declined after it reported weak second-quarter earnings.

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image for news Oakmark Global All Cap Strategy Q3 2025 Portfolio Performance
Carolina Complete Health and Centene Foundation Make $200,000 Investment to Help Tackle Food Insecurity in North Carolina
CNC
Published: November 07, 2025 by: PRNewsWire
Sentiment: Neutral

Investment strengthens community food resources for families struggling to access healthy meals CHARLOTTE, N.C. , Nov. 7, 2025 /PRNewswire/ -- Carolina Complete Health and Centene Foundation , the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a strategic and timely investment aimed at addressing food insecurity across North Carolina.

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image for news Carolina Complete Health and Centene Foundation Make $200,000 Investment to Help Tackle Food Insecurity in North Carolina
Ambetter of Illinois Offers Health Insurance in Illinois in 2026
CNC
Published: November 07, 2025 by: PRNewsWire
Sentiment: Neutral

As Illinois transitions to a new state-based marketplace, Ambetter of Illinois offers affordable health coverage options in 25 counties during open enrollment, starting Nov. 1. CHICAGO , Nov. 7, 2025 /PRNewswire/ -- Ambetter of Illinois , a product offered by a Centene Corporation (NYSE: CNC) company, a leading healthcare enterprise that provides insurance to under-insured and uninsured populations through Get Covered Illinois, will offer a variety of affordable health insurance plans to Illinois residents in 25 counties for plan year 2026.

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image for news Ambetter of Illinois Offers Health Insurance in Illinois in 2026
Meridian Health Plan of Illinois and Centene Foundation Give $300,000 to Food Pantries to Help Tackle Food Insecurity in Illinois
CNC
Published: November 06, 2025 by: PRNewsWire
Sentiment: Neutral

Donations strengthen community food resources for families struggling to access healthy food CHICAGO , Nov. 6, 2025 /PRNewswire/ -- Meridian Health Plan of Illinois, Inc. (Meridian) and Centene Foundation , the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a strategic and timely investment aimed at addressing food insecurity across Illinois. This initiative comes as millions of Americans face increasing challenges in accessing nutritious food due to recent disruptions to the Supplemental Nutrition Assistance Program (SNAP) and the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).

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image for news Meridian Health Plan of Illinois and Centene Foundation Give $300,000 to Food Pantries to Help Tackle Food Insecurity in Illinois
Superior HealthPlan and Centene Foundation Make $400,000 Investment to Help Tackle Food Insecurity in Texas
CNC
Published: November 06, 2025 by: PRNewsWire
Sentiment: Neutral

Investment strengthens community food resources for families struggling to access healthy meals AUSTIN, Texas , Nov. 6, 2025 /PRNewswire/ -- Superior HealthPlan and Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a strategic and timely investment aimed at addressing food insecurity across Texas. This initiative comes as millions of Americans face increasing challenges in accessing nutritious meals due to recent disruptions to the Supplemental Nutrition Assistance Program (SNAP) and the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).

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image for news Superior HealthPlan and Centene Foundation Make $400,000 Investment to Help Tackle Food Insecurity in Texas
California Seniors Now Have More Medicare Advantage and Medicare Prescription Drug Plans to Choose from in 2026 Thanks to Health Net and Centene
CNC
Published: November 06, 2025 by: PRNewsWire
Sentiment: Neutral

Health Net to offer health plans for seniors in 13 select California counties Nationally, Centene's Wellcare health plan will be available to more than 51 million beneficiaries in 32 states across more than 1,850 counties, including 13 in California SACRAMENTO, Calif. , Nov. 6, 2025 /PRNewswire/ -- Wellcare, a company offering a comprehensive range of Medicare products and the Medicare brand of Centene Corporation (NYSE: CNC), will offer Medicare Advantage (MA) products in 32 states in 2026, including California.

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image for news California Seniors Now Have More Medicare Advantage and Medicare Prescription Drug Plans to Choose from in 2026 Thanks to Health Net and Centene
Ambetter from Health Net Offers Health Insurance in California in 2026
CNC
Published: November 03, 2025 by: PRNewsWire
Sentiment: Neutral

During open enrollment, starting Nov. 1, residents can access affordable Ambetter from Health Net plans in 10 counties SACRAMENTO, Calif. , Nov. 3, 2025 /PRNewswire/ -- Ambetter from Health Net, a product offered by Health Net of California (Health Net), a subsidiary of Centene Corporation (NYSE: CNC), a leading healthcare enterprise that provides insurance to under-insured and uninsured individual and family populations through Health Net and through Covered California®, will offer a variety of affordable health insurance plans to California residents in 10 counties for plan year 2026.

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image for news Ambetter from Health Net Offers Health Insurance in California in 2026
Best Value Stock to Buy for Oct. 31st
CNC, NWG, UVV
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC, NWG and UVV made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 31, 2025.

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image for news Best Value Stock to Buy for Oct. 31st
Are Investors Undervaluing Centene (CNC) Right Now?
CNC
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Are Investors Undervaluing Centene (CNC) Right Now?
Centene lifts annual outlook, aims profit growth in 2026, shares rise
CNC
Published: October 30, 2025 by: Reuters
Sentiment: Positive

Centene on Wednesday raised its 2025 adjusted profit forecast and said it looks to grow its earnings next year, sending shares of the health insurer nearly 11% higher.

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image for news Centene lifts annual outlook, aims profit growth in 2026, shares rise
Centene Corporation (CNC) Q3 2025 Earnings Call Transcript
CNC
Published: October 29, 2025 by: Seeking Alpha
Sentiment: Neutral

Centene Corporation ( CNC ) Q3 2025 Earnings Call October 29, 2025 9:00 AM EDT Company Participants Jennifer Gilligan - Senior Vice President of Investor Relations Sarah London - CEO & Director Andrew Asher - Chief Financial Officer Conference Call Participants Joshua Raskin - Nephron Research LLC Albert Rice - UBS Investment Bank, Research Division Justin Lake - Wolfe Research, LLC Andrew Mok - Barclays Bank PLC, Research Division Ann Hynes - Mizuho Securities USA LLC, Research Division Kevin Fischbeck - BofA Securities, Research Division George Hill - Deutsche Bank AG, Research Division Erin Wilson Wright - Morgan Stanley, Research …

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image for news Centene Corporation (CNC) Q3 2025 Earnings Call Transcript
Centene Q3 Earnings Beat Estimates on Increasing Premium
CNC
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC's Q3 earnings beat estimates as strong premium growth and rising membership in PDP and Marketplace units offset higher medical costs.

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image for news Centene Q3 Earnings Beat Estimates on Increasing Premium
Centene (CNC) Surpasses Q3 Earnings and Revenue Estimates
CNC
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to earnings of $1.62 per share a year ago.

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image for news Centene (CNC) Surpasses Q3 Earnings and Revenue Estimates
Hit By Costs And Medicaid Cuts, Centene Reports $6.6 Billion Loss
CNC
Published: October 29, 2025 by: Forbes
Sentiment: Negative

Health insurer Centene reported a $6.6 billion third-quarter loss as the company struggles to control rising healthcare costs in the government-subsidized health plans it administers and sells.

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image for news Hit By Costs And Medicaid Cuts, Centene Reports $6.6 Billion Loss
Centene Swings to Loss on Writedown
CNC
Published: October 29, 2025 by: WSJ
Sentiment: Negative

Centene swung to a third-quarter loss as enrollees in Affordable Care Act plans sought out more costly medical care, the latest evidence of health insurers' struggles to regain their former profitability.

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image for news Centene Swings to Loss on Writedown
Centene Stock Spikes on Third-Quarter Earnings. Here's Why.
CNC
Published: October 29, 2025 by: Barrons
Sentiment: Positive

Centene's health benefits ratio increases to 92.7% in the quarter from 89.2% in the same period last year.

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image for news Centene Stock Spikes on Third-Quarter Earnings. Here's Why.
CENTENE CORPORATION REPORTS THIRD QUARTER 2025 RESULTS
CNC
Published: October 29, 2025 by: PRNewsWire
Sentiment: Neutral

-- GAAP Diluted Loss Per Share of $(13.50); Adjusted Diluted Earnings Per Share of $0.50 -- Adjusted diluted EPS of $0.50 in the third quarter of 2025, including a $0.10 benefit of a low adjusted effective tax rate in the quarter as compared to the expected full year adjusted effective tax rate of 20-21%. $6.7 billion non-cash goodwill impairment, resulting in a GAAP loss and corresponding reduction of retained earnings in the third quarter of 2025.

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image for news CENTENE CORPORATION REPORTS THIRD QUARTER 2025 RESULTS
Can Centene's Q3 Earnings Escape Industry's Cost Headwinds?
CNC
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Neutral

CNC braces for Q3 results as revenue growth may be offset by rising medical costs and shrinking Medicaid memberships.

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image for news Can Centene's Q3 Earnings Escape Industry's Cost Headwinds?
UnitedHealth Vs. Centene: Next Week's Q3 Earnings Should Trigger Gains For Both
CNC, UNH
Published: October 24, 2025 by: Seeking Alpha
Sentiment: Positive

UnitedHealth Group Incorporated and Centene Corporation remain heavily discounted after recent selloffs, but are poised for recovery ahead of Q3 earnings. Both UNH and CNC withdrew guidance in 2025 due to rising healthcare utilization and margin pressure, but recent signals suggest stabilization and improving outlooks. CMS's commitment to higher Medicare Advantage rates in 2026 and improving Medicaid margins supports a bullish stance on both stocks.

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image for news UnitedHealth Vs. Centene: Next Week's Q3 Earnings Should Trigger Gains For Both
Centene: Strong Buy, For All The Wrong Reasons
CNC
Published: October 21, 2025 by: Seeking Alpha
Sentiment: Neutral

Centene moat shows cracks, yet valuation implies a full collapse. CNC's scale remains an asset, though it no longer guarantees stability. Efficiency gains have peaked, leaving limited room for.

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image for news Centene: Strong Buy, For All The Wrong Reasons
WellCare of North Carolina Invests in More than 40 Local Nonprofits to Support Community Health Across the State
CNC
Published: October 08, 2025 by: PRNewsWire
Sentiment: Neutral

RALEIGH, N.C. , Oct. 8, 2025 /PRNewswire/ -- WellCare of North Carolina (WellCare), an NC Medicaid health plan and subsidiary of Centene Corporation (NYSE: CNC), is supporting health-related resources for communities across North Carolina through over $1.6M of investments in local nonprofit organizations.

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image for news WellCare of North Carolina Invests in More than 40 Local Nonprofits to Support Community Health Across the State
Centene Sits at 13.25X P/E: Time to Load Up or Look Away for Now?
CNC
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

CNC's low 13.25X P/E may look attractive, but falling margins, heavy debt and shrinking memberships paint a tougher picture.

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image for news Centene Sits at 13.25X P/E: Time to Load Up or Look Away for Now?
Meridian Health Plan of Illinois Rewards Providers with $15M for Improved Health Outcomes
CNC
Published: September 23, 2025 by: PRNewsWire
Sentiment: Neutral

Meridian and its providers are increasing access to high-quality care for over 340,000 Medicaid members statewide through value-based partnerships, resulting in a 21% reduction in emergency room visits. CHICAGO , Sept.

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image for news Meridian Health Plan of Illinois Rewards Providers with $15M for Improved Health Outcomes
Carolina Complete Health and the Centene Foundation Award $1.3 Million Grant for Innovative Health Care Workforce Mental Health Program
CNC
Published: September 16, 2025 by: PRNewsWire
Sentiment: Neutral

Multi-year initiative aims to combat clinician burnout and improve mental health support across North Carolina's healthcare workforce DURHAM, N.C. , Sept. 16, 2025 /PRNewswire/ -- The North Carolina Clinician and Physician Retention and Well-being (NCCPRW) Consortium announced today a transformative $1.3 million grant from the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), and Carolina Complete Health, a provider-led Medicaid health plan created by Centene, the North Carolina Medical Society, and the North Carolina Community Health Center Association.

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image for news Carolina Complete Health and the Centene Foundation Award $1.3 Million Grant for Innovative Health Care Workforce Mental Health Program
Why I'm Buying More UnitedHealth Than Centene
CNC, UNH
Published: September 12, 2025 by: Seeking Alpha
Sentiment: Positive

UnitedHealth Group stands out as the preferred pick over Centene due to scale, diversification, and higher profitability. UNH's integrated model and Optum platform provide more growth avenues and resilience compared to CNC's focus on government-sponsored programs. While CNC trades at a discount, UNH's stronger margins, return on equity, and diversified revenue streams justify its premium valuation.

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image for news Why I'm Buying More UnitedHealth Than Centene
Top Stock Movers Now: Centene, Micron Technology, Oracle, and More
CNC, MU, ORCL
Published: September 11, 2025 by: Investopedia
Sentiment: Positive

U.S. equities gained at midday, with the S&P 500 and Nasdaq adding to Wednesday's latest closing record highs, as new inflation and unemployment reports boosted confidence the Federal Reserve will cut interest rates next week. The Dow Jones Industrial Average was more than 1% higher.

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image for news Top Stock Movers Now: Centene, Micron Technology, Oracle, and More
Centene stock climbs on outlook, 'better than feared' Medicaid update
CNC
Published: September 11, 2025 by: Proactive Investors
Sentiment: Positive

Centene Corp (NYSE:CNC) shares gained 12% to $34.94 in late-morning trading Thursday after the health insurer's CEO Sarah London told the Deutsche Bank Healthcare conference the company's preliminary data for quality ratings for Medicare Advantage showed a slightly higher percentage of members in four-star plans. London also mentioned Centene's stronger-than-expected Medicaid results in July and August, which support better results in the second half of the year.

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image for news Centene stock climbs on outlook, 'better than feared' Medicaid update

About Centene Corporation (CNC)

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