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Centene (CNC)
NYSE:CNC

Centene (CNC) Price & Analysis

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2,229 Followers

CNC Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
Market PerformanceRevenue of $46.6 billion increased by 15.4% year-over-year and was well above expectations.
Revenue GrowthCentene has raised its guidance for premium and service revenue by $10 billion, indicating increased business activity.
Bears Say
Enrollment RiskThere is a risk from the March proposal which could reduce enrollment by 3-9%.
Medical Loss RatioThe stock sold off on the worse Medical Loss Ratio (MLR) outlook for the year.
Medicare UtilizationHigh utilization of specialty drugs in non-low-income PDP members has been highlighted as a concern, although it is mostly covered by the PDP demo risk corridor.
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Financials

Ownership Overview

0.67%29.83%1.05%42.43%
1.05% Other Institutional Investors
42.43% Public Companies and
Individual Investors

CNC FAQ

What was Centene’s price range in the past 12 months?
Centene lowest stock price was $55.03 and its highest was $80.59 in the past 12 months.
    What is Centene’s market cap?
    Centene’s market cap is $31.68B.
      When is Centene’s upcoming earnings report date?
      Centene’s upcoming earnings report date is Apr 25, 2025 which is 6 days ago.
        How were Centene’s earnings last quarter?
        Centene released its earnings results on Apr 25, 2025. The company reported $2.9 earnings per share for the quarter, beating the consensus estimate of $2.521 by $0.379.
          Is Centene overvalued?
          According to Wall Street analysts Centene’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Centene pay dividends?
            Centene does not currently pay dividends.
            What is Centene’s EPS estimate?
            Centene’s EPS estimate is 2.5.
              How many shares outstanding does Centene have?
              Centene has 496,060,060 shares outstanding.
                What happened to Centene’s price movement after its last earnings report?
                Centene reported an EPS of $2.9 in its last earnings report, beating expectations of $2.521. Following the earnings report the stock price went down -6.317%.
                  Which hedge fund is a major shareholder of Centene?
                  Currently, no hedge funds are holding shares in CNC
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                  Company Description

                  Centene

                  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.
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                  CNC Earnings Call

                  Q1 2025
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The earnings call reflects a strong start to 2025, with significant revenue growth and membership retention. However, challenges such as increased medical expenses due to the flu season and high specialty drug costs pose ongoing risks. The overall sentiment is balanced by these positive and negative aspects.Read More>
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                  CNC Revenue Breakdown

                  62.19%62.19%20.67%14.12%3.02%
                  62.19% Medicaid
                  20.67% Medicare
                  14.12% Commercial
                  3.02% Other
                  tipranks
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                  CNC Stock 12 Month Forecast

                  Average Price Target

                  $74.44
                  ▲(25.62% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":72.25,"date":1714521600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":71.59,"date":1717200000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n           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20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":78.83,"date":1725148800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":73.94,"date":1727740800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n    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