Centene Corporation (CNC)

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

Automate Your Wheel Strategy on CNC

With Tiblio's Option Bot, you can configure your own wheel strategy including CNC - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

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

4 Value Picks to Ride the Market Rebound After US-China Trade Thaw
CNC, CVS, PFE, STNE
Published: May 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. STNE, CNC, CVS & PFE boast a low P/CF ratio.

Read More
image for news 4 Value Picks to Ride the Market Rebound After US-China Trade Thaw
What Makes Centene (CNC) a New Strong Buy Stock
CNC
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news What Makes Centene (CNC) a New Strong Buy Stock
Best Value Stocks to Buy for May 1st
CNC, FSFG
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC and FSFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 1, 2025.

Read More
image for news Best Value Stocks to Buy for May 1st
Oklahoma Complete Health Offers New and Upgraded Benefits for SoonerSelect Members in 2025
CNC
Published: May 01, 2025 by: PRNewsWire
Sentiment: Neutral

OKLAHOMA CITY , May 1, 2025 /PRNewswire/ -- Oklahoma Complete Health introduces new and upgraded SoonerSelect benefits to support members. Enhancements to the value-added services aim to improve health outcomes and overall well-being of members.

Read More
image for news Oklahoma Complete Health Offers New and Upgraded Benefits for SoonerSelect Members in 2025
New Strong Buy Stocks for May 1st
CCEP, CNC, CRS, FIX, RITM
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive

FIX, RITM, CCEP, CRS and CNC have been added to the Zacks Rank #1 (Strong Buy) List on May 1, 2025.

Read More
image for news New Strong Buy Stocks for May 1st
CNC vs. HUM: Which Stock Is the Better Value Option?
CNC, HUM
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Medical - HMOs sector have probably already heard of Centene (CNC) and Humana (HUM). But which of these two stocks presents investors with the better value opportunity right now?

Read More
image for news CNC vs. HUM: Which Stock Is the Better Value Option?
Boost Your Portfolio With These 5 Low Price-to-Book Stocks
CNC, MD, PFE, SAN, STNE
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive

The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, MD, PFE, STNE and SAN are some such stocks.

Read More
image for news Boost Your Portfolio With These 5 Low Price-to-Book Stocks
Earnings Season: 3 Companies Raising Guidance
BSX, CLS, CNC
Published: April 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Raising guidance? In this uncertainty?

Read More
image for news Earnings Season: 3 Companies Raising Guidance
Should Value Investors Buy Centene (CNC) Stock?
CNC
Published: April 28, 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.

Read More
image for news Should Value Investors Buy Centene (CNC) Stock?
Centene Q1 Earnings Beat Estimates on Marketplace Business Strength
CNC
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC's Q1 results benefit from improved premiums as a result of a strong PDP business, partly offset by elevated operating costs. It currently expects 2025 premium and service revenues within $164-$166 billion.

Read More
image for news Centene Q1 Earnings Beat Estimates on Marketplace Business Strength
Centene Corporation (CNC) Q1 2025 Earnings Call Transcript
CNC
Published: April 25, 2025 by: Seeking Alpha
Sentiment: Neutral

Centene Corporation (NYSE:CNC ) Q1 2025 Earnings Conference Call April 25, 2025 8:30 AM ET Company Participants Jennifer Gilligan - Senior Vice President, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin - Nefron Research A.J. Rice - UBS Justin Lake - Wolfe Research Ann Hynes - Mizuho Securities Stephen Baxter - Wells Fargo David Windley - Jefferies Sarah James - Cantor Fitzgerald Andrew Mok - Barclays Lance Wilkes - Bernstein John Stansel - JPMorgan Joaquin Arriagada - Bank of America George Hill - …

Read More
image for news Centene Corporation (CNC) Q1 2025 Earnings Call Transcript
Health Net, Dignity Health and Vivant Health Partner to Improve Patient Care in Sacramento Hospitals
CNC
Published: April 24, 2025 by: PRNewsWire
Sentiment: Neutral

The collaborative efforts have helped reshape the patient care experience for Medi-Cal members throughout Sacramento County hospitals SACRAMENTO, Calif. , April 24, 2025 /PRNewswire/ -- A groundbreaking collaboration between Health Net (a Centene Corporation company), Dignity Health (a CommonSpirit Health member) and Vivant Health has avoided unnecessary hospital days and significantly increased the number of crucial follow-up appointments, leading to a substantial enhancement in care coordination for Health Net's higher-risk Medi-Cal members.

Read More
image for news Health Net, Dignity Health and Vivant Health Partner to Improve Patient Care in Sacramento Hospitals
Can Centene Beat Q1 Earnings Estimates on Growing Premiums?
CNC
Published: April 23, 2025 by: Zacks Investment Research
Sentiment: Positive

CNC's first-quarter results are likely to benefit from higher commercial marketplace memberships.

Read More
image for news Can Centene Beat Q1 Earnings Estimates on Growing Premiums?
MLK Community Medical Group Adds Two Primary Care Doctors, One OB/GYN and Three Other Clinical Staff Thanks to $3.5 Million Grant from Health Net
CNC
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral

Funds help address shortage of doctors and other clinical staff to deliver Angelenos vital healthcare services for the next three years SACRAMENTO, Calif. , April 22, 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 a $3.5 million grant to MLK Community Medical Group to help sustain and expand vital healthcare services in Los Angeles by supporting the hiring of key clinicians, including those providing perinatal and behavioral health care.

Read More
image for news MLK Community Medical Group Adds Two Primary Care Doctors, One OB/GYN and Three Other Clinical Staff Thanks to $3.5 Million Grant from Health Net
Centene (CNC) Reports Next Week: Wall Street Expects Earnings Growth
CNC
Published: April 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Centene (CNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Centene (CNC) Reports Next Week: Wall Street Expects Earnings Growth
Health Net and Centene Foundation Commit $1 Million to Rebuild Los Angeles After Historic Fire Devastation
CNC
Published: April 17, 2025 by: PRNewsWire
Sentiment: Neutral

Health Net to host convening with California Community Foundation and others to coordinate recovery of critical healthcare infrastructure SACRAMENTO, Calif. , April 17, 2025 /PRNewswire/ -- One hundred days after the devastating Eaton Fire began, 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), announced an additional commitment of $750,000 for wildfire recovery efforts in Los Angeles County.

Read More
image for news Health Net and Centene Foundation Commit $1 Million to Rebuild Los Angeles After Historic Fire Devastation
Centene Extends SilverSummit's Presence to the Edges of Nevada
CNC
Published: April 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

CNC's subsidiary, SilverSummit, secures a five-year Nevada Medicaid contract, reinforcing its foothold in managed care in rural and frontier areas.

Read More
image for news Centene Extends SilverSummit's Presence to the Edges of Nevada
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Medical Names
A, CNC
Published: April 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Read More
image for news Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Medical Names
Health Net and Centene Foundation Invest More than $9 Million in Initiatives to Expand and Strengthen California's Physician Workforce
CNC
Published: April 10, 2025 by: PRNewsWire
Sentiment: Neutral

Investments will help address barriers to medical school, from youth through college, and support the development of today's practicing physicians SACRAMENTO, Calif. , April 10, 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 partnership investment of more than $9 million to help bolster the future of California's physician workforce in collaboration with multiple not-for-profit organizations.

Read More
image for news Health Net and Centene Foundation Invest More than $9 Million in Initiatives to Expand and Strengthen California's Physician Workforce
5 Broker-Loved Stocks to Watch Amid Tariff-Induced Market Bloodbath
BTU, CLF, CNC, CVI, DK
Published: April 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors would do well to monitor broker-friendly stocks like CLF, BTU, CVI, DK and CNC for high returns.

Read More
image for news 5 Broker-Loved Stocks to Watch Amid Tariff-Induced Market Bloodbath
5 S&P 500 Stocks Unscathed by the Market Mayhem
AWK, CNC, FSLR, KR, LW
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Positive

The S&P 500 shed about $2.4 trillion in market cap in yesterday's trading session. Still, stocks like LW, CNC, KR, FSLR and AWK showed strength.

Read More
image for news 5 S&P 500 Stocks Unscathed by the Market Mayhem
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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?

Read More
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.

Read More
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

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.