Centene Corporation (CNC)

US — Healthcare Sector
Peers: HUM  ELV  UNH  CVS  ALHC  CI  MOH  OSCR  BHG 

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Key Metrics & Ratings

  • symbol CNC
  • Rev/Share 341.1512
  • Book/Share 56.4656
  • PB 1.0032
  • Debt/Equity 0.6563
  • CurrentRatio 1.1116
  • ROIC 0.055

 

  • MktCap 28084713320.0
  • FreeCF/Share 3.0068
  • PFCF 18.8235
  • PE 8.1107
  • Debt/Assets 0.2105
  • DivYield 0
  • ROE 0.1267

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 2
  • 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
Downgrade CNC Barclays Overweight Equal Weight -- $65 June 2, 2025
Upgrade CNC Jefferies Underperform Hold -- $64 April 8, 2025
Downgrade CNC Argus Buy Hold -- -- Feb. 6, 2025
Resumed CNC JP Morgan -- Overweight $80 $75 Dec. 17, 2024
Upgrade CNC UBS Neutral Buy $79 $80 Dec. 13, 2024
Downgrade CNC Jefferies Hold Underperform $68 $52 Dec. 10, 2024

News

Strength Seen in Centene (CNC): Can Its 5.9% Jump Turn into More Strength?
CNC
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

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image for news Strength Seen in Centene (CNC): Can Its 5.9% Jump Turn into More Strength?
Will Centene (CNC) Beat Estimates Again in Its Next Earnings Report?
CNC
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Centene (CNC) Beat Estimates Again in Its Next Earnings Report?
3 HMO Stocks to Watch Amid Nurse Shortages, High Tech Costs
CNC, HUM, UNH
Published: April 03, 2025 by: Zacks Investment Research
Sentiment: Positive

The Medical-HMO industry rides on steady premium flows resulting from a growing customer base and contract wins. However, industry headwinds like elevated technology costs and workforce shortages remain concerns.

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image for news 3 HMO Stocks to Watch Amid Nurse Shortages, High Tech Costs
These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
CNC, JNJ
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
Centene: A Leader In Government-Sponsored Insurance And Its Prospects
CNC
Published: March 26, 2025 by: Seeking Alpha
Sentiment: Neutral

Centene's business transformation and strategic focus on core segments have led to increased operational marginality, despite losing 3.3 million Medicaid customers in 2024. I assign a "Buy" rating to Centene, with a fair valuation of $73 per share, indicating a 27% potential increase from the current price. The company's competitive advantage lies in its focus on Medicaid and Medicare, but it faces risks from regulatory changes and strong competition.

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image for news Centene: A Leader In Government-Sponsored Insurance And Its Prospects
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Medical Names
CNC, NVS
Published: March 24, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Medical Names
Centene's Meridian Unit Secures a D-SNP Contract in Illinois
CNC
Published: March 18, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC's Meridian Health Plan wins a D-SNP contract in Illinois, expanding enhanced managed care for Medicare-Medicaid-eligible individuals. The deal is likely to boost Centene's foothold and membership base in the state.

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image for news Centene's Meridian Unit Secures a D-SNP Contract in Illinois
Why Is Centene (CNC) Down 2.9% Since Last Earnings Report?
CNC
Published: March 06, 2025 by: Zacks Investment Research
Sentiment: Negative

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

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image for news Why Is Centene (CNC) Down 2.9% Since Last Earnings Report?
Texas Students Build a Culture of Belonging Through No One Eats Alone Day in Partnership with Superior HealthPlan and The Centene Foundation
CNC
Published: February 27, 2025 by: PRNewsWire
Sentiment: Neutral

1.5 million students nationwide participated in this year's event, organized by Beyond Differences. AUSTIN, Texas , Feb. 27, 2025 /PRNewswire/ -- For a ninth consecutive year, Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a Centene company (NYSE: CNC), worked with local schools to celebrate No One Eats Alone® Day, a unique program designed to address social isolation.

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image for news Texas Students Build a Culture of Belonging Through No One Eats Alone Day in Partnership with Superior HealthPlan and The Centene Foundation
U.S. Managed Care Q4 2024 Earnings Recap: Medical Costs Continue To Mount
CI, CNC, ELV, HUM, UNH
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Negative

US managed care insurers' fourth quarter 2024 earnings season was characterized by generally higher medical costs amid ongoing changes to federally subsidized healthcare plans that, in some cases, resulted in lower earnings per share estimates. Many of the largest publicly traded US health insurers saw their medical costs grow in the fourth quarter and full year 2024, resulting in decreased revenues and lower-than-anticipated EPS, largely in line with analyst projections. Nearly across the board, the largest publicly traded US managed care insurers saw their medical care ratios rise from 2023 as changes to Medicare Advantage and Medicaid continued to impact …

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image for news U.S. Managed Care Q4 2024 Earnings Recap: Medical Costs Continue To Mount
California Students Build a Culture of Belonging Through National No One Eats Alone® Day Thanks to Health Net & The Centene Foundation
CNC
Published: February 14, 2025 by: PRNewsWire
Sentiment: Neutral

More than 1.5 million students nationwide to participate in this year's event SACRAMENTO, Calif. , Feb. 14, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is proud to support No One Eats Alone® Day, a prevention initiative aimed at fostering inclusion to end social isolation and help students get to know one another, so that every student feels like they belong.

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image for news California Students Build a Culture of Belonging Through National No One Eats Alone® Day Thanks to Health Net & The Centene Foundation
'Ohana Health Plan and the Centene Foundation Award Grant to Hawai'i Island Community Health Center to Expand Healthcare Access
CNC
Published: February 11, 2025 by: PRNewsWire
Sentiment: Neutral

The $550,000 grant will fund a mobile health clinic for underserved students KAILUA-KONA, Hawai'i, Feb. 11, 2025 /PRNewswire/ -- 'Ohana Health Plan , a leading provider of government-sponsored managed care services in Hawai'i and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), announced today a $550,000 grant award to Hawai'i Island Community Health Center (HICHC), a nonprofit community health center supporting lifelong health and wellness through quality healthcare. The grant will expand access to essential health services for students in underserved areas.

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image for news 'Ohana Health Plan and the Centene Foundation Award Grant to Hawai'i Island Community Health Center to Expand Healthcare Access
Texas-based Superior HealthPlan Releases Annual Community Investment Report
CNC
Published: February 11, 2025 by: PRNewsWire
Sentiment: Neutral

Superior partnered with 759 nonprofits and schools and contributed $1.2 million in funding to Texas-based organizations in 2024. AUSTIN, Texas , Feb. 11, 2025 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), today released its annual community investment report, demonstrating an ongoing commitment to supporting the health of individuals and families across the state.

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image for news Texas-based Superior HealthPlan Releases Annual Community Investment Report

About Centene Corporation (CNC)

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