Centene Corp Company Profile (NYSE:CNC)

About Centene Corp (CNC)

Centene Corp logoCentene Corporation is a healthcare company. The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The Company operates through two segments: Managed Care and Specialty Services. The Company's Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children's Health Insurance Program (CHIP), Long Term Care, Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD), Medicare, and Health Insurance Marketplace. Its Specialty Services segment consists of its specialty companies offering a range of healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations, as well as to its own subsidiaries.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Health Care Plans
  • Sub-Industry: Managed Health Care
  • Exchange: NYSE
  • Symbol: CNC
  • CUSIP: 15135B10
Key Metrics:
  • Previous Close: $68.01
  • 50 Day Moving Average: $68.97
  • 200 Day Moving Average: $63.22
  • 52-Week Range: $50.00 - $75.57
  • Trailing P/E Ratio: 19.84
  • Foreward P/E Ratio: 12.88
  • P/E Growth: 0.92
  • Market Cap: $11.70B
  • Outstanding Shares: 172,028,000
  • Beta: 0.69
Profitability:
  • Net Margins: 1.37%
  • Return on Equity: 12.83%
  • Return on Assets: 3.70%
Debt:
  • Debt-to-Equity Ratio: 0.79%
  • Current Ratio: 0.97%
  • Quick Ratio: 0.86%

Analyst Ratings

Consensus Ratings for Centene Corp (NYSE:CNC) (?)
Ratings Breakdown: 4 Hold Ratings, 15 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $77.56 (14.05% upside)

Analysts' Ratings History for Centene Corp (NYSE:CNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/11/2017Cantor FitzgeraldReiterated RatingOverweight$85.00N/AView Rating Details
2/9/2017Leerink SwannReiterated RatingMarket Perform$62.00 -> $64.00N/AView Rating Details
2/8/2017Piper Jaffray CompaniesBoost Price TargetOverweight$67.00 -> $76.00N/AView Rating Details
2/8/2017Barclays PLCBoost Price TargetOverweight$75.00 -> $79.00N/AView Rating Details
2/8/2017Jefferies Group LLCBoost Price TargetBuy$67.00 -> $79.00N/AView Rating Details
1/31/2017Sanford C. BernsteinUpgradeMarket Perform -> OutperformN/AView Rating Details
12/21/2016JPMorgan Chase & Co.Initiated CoverageOverweight$75.00N/AView Rating Details
12/20/2016Oppenheimer Holdings Inc.Reiterated RatingOutperformN/AView Rating Details
12/13/2016Goldman Sachs Group IncUpgradeSell -> NeutralN/AView Rating Details
11/11/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$82.00 -> $60.00N/AView Rating Details
9/22/2016Evercore ISIInitiated CoverageBuy$79.00N/AView Rating Details
9/7/2016WedbushReiterated RatingOutperform$85.00N/AView Rating Details
9/1/2016FBR & CoReiterated RatingBuyN/AView Rating Details
6/29/2016Morgan StanleyUpgradeEqual Weight -> Overweight$84.00 -> $86.00N/AView Rating Details
6/28/2016Wolfe ResearchInitiated CoverageMarket Perform$80.00N/AView Rating Details
6/20/2016Cowen and CompanyReiterated RatingBuyN/AView Rating Details
6/20/2016Wells Fargo & CoReiterated RatingBuyN/AView Rating Details
5/26/2016Stifel NicolausUpgradeHold -> Buy$75.00N/AView Rating Details
4/2/2016Citigroup IncReiterated RatingBuyN/AView Rating Details
6/15/2015Deutsche Bank AGBoost Price TargetHold$65.00 -> $73.00N/AView Rating Details
6/15/2015Susquehanna Bancshares IncReiterated RatingPositive$85.00 -> $87.00N/AView Rating Details
5/4/2015BMO Capital MarketsReiterated RatingOutperform$77.00 -> $78.00N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Centene Corp (NYSE:CNC)
Earnings by Quarter for Centene Corp (NYSE:CNC)
Earnings History by Quarter for Centene Corp (NYSE:CNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/7/2017Q416$1.11$1.19$10.94 billion$11.91 billionViewN/AView Earnings Details
10/25/2016Q316$1.15$1.11$10.96 million$10.85 billionViewListenView Earnings Details
7/26/2016Q216$1.09$1.29$10.80 billion$10.90 billionViewListenView Earnings Details
4/26/2016Q116$0.74$0.74$7.88 billion$6.95 billionViewListenView Earnings Details
2/9/2016Q415$0.82$0.91$6.14 billion$6.30 billionViewN/AView Earnings Details
10/27/2015Q315$0.78$0.84$5.79 billion$5.82 billionViewListenView Earnings Details
7/28/2015Q215$0.70$0.72$5.54 billion$5.51 billionViewListenView Earnings Details
4/28/2015Q115$0.48$0.52$5.12 billion$5.13 billionViewListenView Earnings Details
2/3/2015Q414$1.70$1.74$4.62 billion$4.42 billionViewListenView Earnings Details
10/28/2014Q314$0.96$1.22$4.23 billion$4.35 billionViewListenView Earnings Details
7/22/2014Q214$0.73$0.82$3.66 billion$4.02 billionViewListenView Earnings Details
4/22/2014Q1$0.44$0.57$3.25 billion$3.35 billionViewListenView Earnings Details
2/4/2014Q413$0.83$0.84$2.93 billion$2.86 billionViewListenView Earnings Details
10/22/2013Q313$0.84$0.87$2.68 billion$2.70 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.62$0.77$2.63 billion$2.73 billionViewListenView Earnings Details
4/23/2013Q1 2013$0.38$0.42$2.46 billion$2.54 billionViewListenView Earnings Details
2/5/2013Q4 2012$0.32$0.17$2.40 billion$2.30 billionViewListenView Earnings Details
10/23/2012$0.48$0.07ViewN/AView Earnings Details
7/24/2012($0.10)($0.16)ViewN/AView Earnings Details
4/24/2012$0.48$0.45ViewN/AView Earnings Details
2/7/2012$0.55$0.57ViewN/AView Earnings Details
10/25/2011$0.53$0.55ViewN/AView Earnings Details
7/26/2011$0.54$0.54ViewN/AView Earnings Details
4/26/2011$0.42$0.46ViewN/AView Earnings Details
2/8/2011$0.48$0.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Centene Corp (NYSE:CNC)
Current Year EPS Consensus Estimate: $4.69 EPS
Next Year EPS Consensus Estimate: $5.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.53$0.78$0.70
Q2 20165$1.05$1.12$1.08
Q3 20165$1.13$1.21$1.17
Q4 20165$1.09$1.18$1.12
Q1 20174$1.01$1.09$1.04
Q2 20174$1.21$1.27$1.25
Q3 20174$1.21$1.27$1.25
Q4 20174$1.04$1.25$1.15
Q1 20181$1.14$1.14$1.14
Q2 20181$1.43$1.43$1.43
Q3 20181$1.40$1.40$1.40
Q4 20181$1.35$1.35$1.35
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Centene Corp (NYSE:CNC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Centene Corp (NYSE:CNC)
Insider Ownership Percentage: 4.50%
Institutional Ownership Percentage: 94.14%
Insider Trades by Quarter for Centene Corp (NYSE:CNC)
Institutional Ownership by Quarter for Centene Corp (NYSE:CNC)
Insider Trades by Quarter for Centene Corp (NYSE:CNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/13/2017Jeffrey A. SchwanekeCFOSell2,000$68.52$137,040.00View SEC Filing  
2/13/2017Jesse N. HunterEVPSell5,000$69.54$347,700.00View SEC Filing  
12/1/2016Mark J. BrooksSVPSell1,099$58.00$63,742.00View SEC Filing  
11/7/2016Jesse N. HunterEVPSell5,000$65.00$325,000.00View SEC Filing  
10/3/2016Carol GoldmanVPSell10,000$66.36$663,600.00View SEC Filing  
10/3/2016Kenneth Rone BaldwinEVPSell6,000$66.58$399,480.00View SEC Filing  
9/7/2016Robert K. DitmoreDirectorBuy150$67.00$10,050.00View SEC Filing  
7/1/2016Kenneth Rone BaldwinEVPSell6,000$71.00$426,000.00View SEC Filing  
6/29/2016Richard A. GephardtDirectorSell15,910$68.89$1,096,039.90View SEC Filing  
6/24/2016Keith H. WilliamsonEVPSell4,000$70.00$280,000.00View SEC Filing  
6/6/2016Mark J BrooksSVPSell3,914$65.01$254,449.14View SEC Filing  
4/28/2016Jesse N HunterEVPSell10,000$65.17$651,700.00View SEC Filing  
4/1/2016Kenneth Rone BaldwinEVPSell6,000$60.87$365,220.00View SEC Filing  
3/23/2016Carol GoldmanVPSell15,000$62.96$944,400.00View SEC Filing  
1/4/2016Kenneth Rone BaldwinEVPSell6,000$64.68$388,080.00View SEC Filing  
12/22/2015Carol GoldmanVPSell25,000$65.19$1,629,750.00View SEC Filing  
12/22/2015Jeffrey A SchwanekeCAOSell2,000$65.09$130,180.00View SEC Filing  
10/29/2015Carol GoldmanVPSell5,000$60.88$304,400.00View SEC Filing  
7/1/2015Carol GoldmanVPSell5,000$81.20$406,000.00View SEC Filing  
6/22/2015Keith H WilliamsonEVPSell7,000$80.87$566,090.00View SEC Filing  
6/18/2015William N ScheffelCFOSell25,290$79.14$2,001,450.60View SEC Filing  
5/4/2015Donald G ImholzEVPSell5,000$65.08$325,400.00View SEC Filing  
4/30/2015Carol GoldmanVPSell15,998$63.48$1,015,553.04View SEC Filing  
4/30/2015Donald G ImholzEVPSell5,000$63.72$318,600.00View SEC Filing  
4/30/2015Robert K DitmoreDirectorSell15,000$63.83$957,450.00View SEC Filing  
4/6/2015Michael F NeidorffCEOSell10,000$70.43$704,300.00View SEC Filing  
4/1/2015Jesse N HunterEVPSell5,000$69.66$348,300.00View SEC Filing  
3/19/2015Keith H WilliamsonEVPSell5,000$70.18$350,900.00View SEC Filing  
3/13/2015Tommy G ThompsonDirectorSell16,000$65.36$1,045,760.00View SEC Filing  
3/9/2015Robert K DitmoreDirectorSell15,000$63.19$947,850.00View SEC Filing  
1/2/2015Carol GoldmanVPSell8,400$104.87$880,908.00View SEC Filing  
1/2/2015Jesse N HunterEVPSell2,500$104.87$262,175.00View SEC Filing  
12/16/2014Jeffrey A SchwanekeCAOSell5,000$101.80$509,000.00View SEC Filing  
10/1/2014Jesse N HunterEVPSell2,500$81.42$203,550.00View SEC Filing  
9/22/2014Carol GoldmanVPSell12,500$81.85$1,023,125.00View SEC Filing  
9/18/2014Donald G ImholzEVPSell5,000$80.10$400,500.00View SEC Filing  
9/15/2014Keith H WilliamsonEVPSell4,000$77.48$309,920.00View SEC Filing  
9/9/2014Jeffrey A SchwanekeCAOSell1,000$79.51$79,510.00View SEC Filing  
9/9/2014Jesse N HunterEVPSell5,000$79.35$396,750.00View SEC Filing  
9/2/2014Donald G ImholzEVPSell5,000$77.32$386,600.00View SEC Filing  
8/28/2014Jeffrey A SchwanekeCAOSell1,000$77.02$77,020.00View SEC Filing  
5/12/2014Jason HarroldEVPSell2,500$70.00$175,000.00View SEC Filing  
4/2/2014Jason HarroldEVPSell5,000$62.19$310,950.00View SEC Filing  
3/31/2014Edmund KrollSVPSell5,000$62.00$310,000.00View SEC Filing  
3/31/2014William ScheffelCFOSell17,895$61.99$1,109,311.05View SEC Filing  
2/6/2014Jesse HunterEVPSell5,000$61.66$308,300.00View SEC Filing  
2/6/2014Michael NeidorffCEOSell10,000$62.00$620,000.00View SEC Filing  
12/17/2013Orlando AyalaDirectorBuy17,600$56.41$992,816.00View SEC Filing  
7/25/2013Jeffrey A SchwanekeCAOSell3,000$57.40$172,200.00View SEC Filing  
7/25/2013Jesse N HunterEVPSell5,000$57.41$287,050.00View SEC Filing  
6/13/2013Keith H WilliamsonEVPSell5,800$50.25$291,450.00View SEC Filing  
6/7/2013Donald G ImholzEVPSell5,000$50.00$250,000.00View SEC Filing  
6/3/2013Carol GoldmanVPSell10,000$49.28$492,800.00View SEC Filing  
6/3/2013Jesse N HunterEVPSell6,000$48.28$289,680.00View SEC Filing  
5/30/2013Jason M HarroldEVPSell5,000$50.80$254,000.00View SEC Filing  
5/30/2013Jeffrey A SchwanekeCAOSell3,000$50.68$152,040.00View SEC Filing  
5/30/2013William N ScheffelCFOSell22,191$50.80$1,127,302.80View SEC Filing  
5/10/2013Keith H WilliamsonEVPSell3,000$50.00$150,000.00View SEC Filing  
12/4/2012Carol GoldmanVPSell15,000$45.15$677,250.00View SEC Filing  
12/4/2012Keith H WilliamsonEVPSell9,000$45.10$405,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Centene Corp (NYSE:CNC)
Latest Headlines for Centene Corp (NYSE:CNC)
Source:
DateHeadline
finance.yahoo.com logoWhy the Uninsured Rate Would Peak in GOP Health Plan (NYSE:CNC)
finance.yahoo.com - March 22 at 9:38 PM
bloomberg.com logoFull Show: What'd You Miss? (03/22) (NYSE:CNC)
www.bloomberg.com - March 22 at 9:38 PM
us.rd.yahoo.com logoCentene CEO: Don't want to see 20M people lose health cov... (NYSE:CNC)
us.rd.yahoo.com - March 16 at 5:43 PM
us.rd.yahoo.com logoCentene CEO: We'd advocate for 'well-care' in low-end hea... (NYSE:CNC)
us.rd.yahoo.com - March 16 at 5:43 PM
News IconCentene Corp (CNC) Given Consensus Rating of “Buy” by Brokerages (NYSE:CNC)
www.americanbankingnews.com - March 16 at 12:19 PM
finance.yahoo.com logoRepublicans weigh health bill changes as doubts mount (NYSE:CNC)
finance.yahoo.com - March 14 at 11:19 PM
us.rd.yahoo.com logoReminder: Centene Corporation's 2017 First Quarter Financial Results Conference Call (NYSE:CNC)
us.rd.yahoo.com - March 14 at 6:18 PM
finance.yahoo.com logoWhite House, Republican lawmakers weigh changes to health bill (NYSE:CNC)
finance.yahoo.com - March 14 at 6:18 PM
nasdaq.com logoRepublicans on defense after report shows millions would lose insurance (NYSE:CNC)
www.nasdaq.com - March 14 at 1:02 PM
bizjournals.com logoCentene CEO sees pay rise 6 percent in 2016 (NYSE:CNC)
www.bizjournals.com - March 13 at 12:34 PM
News IconCentene Corp (CNC) Given Overweight Rating at Cantor Fitzgerald (NYSE:CNC)
www.americanbankingnews.com - March 11 at 3:52 PM
zacks.com logo4 Big Winners of Trump's Healthcare Plan (NYSE:CNC)
www.zacks.com - March 9 at 4:57 PM
finance.yahoo.com logoCentene To Present At Oppenheimer 27th Annual Healthcare Conference (NYSE:CNC)
finance.yahoo.com - March 8 at 5:06 PM
us.rd.yahoo.com logoAre There Any Winners From The GOP Health Care Plan? (NYSE:CNC)
us.rd.yahoo.com - March 7 at 4:22 PM
finance.yahoo.com logoPost Earnings Coverage as Centene's Quarterly Adjusted EPS Soared 59%; Outperformed Market Expectations (NYSE:CNC)
finance.yahoo.com - March 3 at 4:25 PM
biz.yahoo.com logoCENTENE CORP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:CNC)
biz.yahoo.com - March 2 at 4:38 PM
finance.yahoo.com logoAndreas Halvorsen Continues Buying Microsoft, Alphabet, Others (NYSE:CNC)
finance.yahoo.com - March 1 at 4:25 PM
finance.yahoo.com logoCentene Corporation To Present At Two Upcoming Healthcare Conferences (NYSE:CNC)
finance.yahoo.com - February 28 at 4:35 PM
finance.yahoo.com logoCENTENE CORP Financials (NYSE:CNC)
finance.yahoo.com - February 25 at 4:13 PM
nasdaq.com logoCommit To Buy Centene Corp At $60, Earn 6.7% Annualized Using Options (NYSE:CNC)
www.nasdaq.com - February 24 at 12:20 PM
bizjournals.com logoCentene issued investigative demand from DOJ (NYSE:CNC)
www.bizjournals.com - February 22 at 11:18 AM
biz.yahoo.com logoCENTENE CORP Files SEC form 10-K, Annual Report (NYSE:CNC)
biz.yahoo.com - February 22 at 11:18 AM
bizjournals.com logoKoster joins Centene (NYSE:CNC)
www.bizjournals.com - February 20 at 4:07 PM
finance.yahoo.com logoCentene Corporation Appoints Chris Koster To Senior Vice President, Corporate Services (NYSE:CNC)
finance.yahoo.com - February 20 at 11:47 AM
us.rd.yahoo.com logoHumana To Fully Exit Obamacare In 2018 (NYSE:CNC)
us.rd.yahoo.com - February 16 at 11:27 AM
forbes.com logoHumana Will Leave Obamacare Altogether In 2018 (NYSE:CNC)
www.forbes.com - February 14 at 10:10 PM
finance.yahoo.com logoZacks Industry Outlook Highlights: Molina Healthcare, Centene, WellCare Health Plans and UnitedHealth Group (NYSE:CNC)
finance.yahoo.com - February 13 at 5:02 PM
us.rd.yahoo.com logoEdited Transcript of CNC earnings conference call or presentation 7-Feb-17 1:30pm GMT (NYSE:CNC)
us.rd.yahoo.com - February 9 at 2:47 AM
nasdaq.com logoCentene (CNC) Looks Good: Stock Adds 5.3% in Session - Nasdaq (NYSE:CNC)
www.nasdaq.com - February 8 at 9:45 PM
streetinsider.com logoCentene (CNC) PT Raised to $76 at Piper Jaffray - StreetInsider.com (NYSE:CNC)
www.streetinsider.com - February 8 at 4:42 PM
rttnews.com logoCentene Corp. (CNC) Rose To A 3-Month High On Better Than Expected Q3 Earnings - RTT News (NYSE:CNC)
www.rttnews.com - February 8 at 4:42 PM
finance.yahoo.com logoCentene (CNC) Looks Good: Stock Adds 5.3% in Session (NYSE:CNC)
finance.yahoo.com - February 8 at 4:42 PM
finance.yahoo.com logoCompany News for February 08, 2017 (NYSE:CNC)
finance.yahoo.com - February 8 at 4:42 PM
nasdaq.com logoEarnings Reaction History: Centene Corp., 30.0% Follow-Through ... - Nasdaq (NYSE:CNC)
www.nasdaq.com - February 7 at 10:31 PM
wsj.com logoStocks Get a Boost From Earnings (NYSE:CNC)
www.wsj.com - February 7 at 10:31 PM
bloomberg.com logoRecent CNC News (NYSE:CNC)
www.bloomberg.com - February 7 at 5:29 PM
nasdaq.com logoCentene Corp. (CNC) Has Risen To A 3-Month High After Q4 Earnings Beat (NYSE:CNC)
www.nasdaq.com - February 7 at 5:29 PM
seekingalpha.com logoCentene (CNC) Q4 2016 Results - Earnings Call Transcript (NYSE:CNC)
seekingalpha.com - February 7 at 5:29 PM
us.rd.yahoo.com logoHealth insurer Centene's quarterly revenue nearly doubles (NYSE:CNC)
us.rd.yahoo.com - February 7 at 5:29 PM
sg.finance.yahoo.com logoCentene beats Street 4Q forecasts (NYSE:CNC)
us.rd.yahoo.com - February 7 at 5:29 PM
biz.yahoo.com logoQ4 2016 Centene Corp Earnings Release - Before Market Open (NYSE:CNC)
us.rd.yahoo.com - February 7 at 5:29 PM

Social

Frequently Asked Questions for Centene Corp (NYSE:CNC)

What is Centene Corp's stock symbol?

Centene Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNC."

How were Centene Corp's earnings last quarter?

Centene Corp (NYSE:CNC) posted its earnings results on Tuesday, February, 7th. The company reported $1.19 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.11 by $0.08. The company earned $11.91 billion during the quarter, compared to the consensus estimate of $10.94 billion. Centene Corp had a net margin of 1.37% and a return on equity of 12.83%. The company's revenue for the quarter was up 89.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.95 earnings per share.

When will Centene Corp make its next earnings announcement?

Centene Corp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What guidance has Centene Corp issued on next quarter's earnings?

Centene Corp updated its FY17 earnings guidance on Tuesday, February, 7th. The company provided earnings per share (EPS) guidance of $4.40-4.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.68. The company issued revenue guidance of $46.0-46.8 billion, compared to the consensus revenue estimate of $46.52 billion.

Where is Centene Corp's stock going? Where will Centene Corp's stock price be in 2017?

19 brokerages have issued 12-month price targets for Centene Corp's stock. Their forecasts range from $60.00 to $90.00. On average, they anticipate Centene Corp's stock price to reach $77.56 in the next twelve months.

What are analysts saying about Centene Corp stock?

Here are some recent quotes from research analysts about Centene Corp stock:

  • 1. According to Zacks Investment Research, "Centene Corporation provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Children's Health Insurance Program. " (2/16/2017)
  • 2. Leerink Swann analysts commented, "We reiterate our Market Perform rating on CNC while raising PT to $64 from $62 after the 4Q report and almost 6% move up yesterday." (2/9/2017)
  • 3. Cantor Fitzgerald analysts commented, "We are transferring coverage of Centene Corporation (CNC) and rate the shares at Overweight. Our 12-month DCF-based price target is $85, representing about 31% upside. Most investor concerns, including ACA repeal, changes in Medicaid funding and the acquisition of HealthNet, are overblown, in our view. While Congress debates repeal/replace of the ACA, we find it difficult to believe that the Trump administration will be able to unwind the Medicaid expansion component of the ACA. Also, block grants for Medicaid is not a new concept, and we believe structural changes to Medicaid are unlikely. That being said, we view Medicaid as a good growth opportunity. At the same time, CNC is building its Medicare Advantage business as well as its specialty offerings. We believe the risk/reward trade-off is very compelling." (2/6/2017)
  • 4. FBR & Co analysts commented, "At its analyst meeting on Friday, June 17, Centene provided solid commentary regarding the integration of Health Net and its longer-term growth strategies. Management reiterated its 2016 guidance, which we view positively, especially given the lingering concerns regarding the need to increase Health Net reserves. Also, management indicated that it has visibility to 2017 revenue of $45 billion, which is in line with our estimate. Centene also indicated that it should achieve additional synergies from Health Net over time beyond the $150 million it previously identified. In our view, it is difficult not to be impressed with Centene’s growth, and future prospects remain strong, especially in Medicaid, Medicare Advantage, and individual exchange products. The shares offer ~34% upside potential to our DCF- based price target." (6/20/2016)

Who owns Centene Corp stock?

Centene Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.07%), William Blair Investment Management LLC (2.00%), Viking Global Investors LP (0.96%), Norges Bank (0.96%), Dimensional Fund Advisors LP (0.96%) and AQR Capital Management LLC (0.58%). Company insiders that own Centene Corp stock include Carol Goldman, Donald G Imholz, Jeffrey A Schwaneke, Jesse N Hunter, Keith H Williamson, Kenneth Rone Baldwin, Mark J Brooks, Michael F Neidorff, Richard A Gephardt, Robert K Ditmore and William N Scheffel.

Who sold Centene Corp stock? Who is selling Centene Corp stock?

Centene Corp's stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Systematic Financial Management LP, Credit Agricole S A, Fred Alger Management Inc., FIL Ltd, Artemis Investment Management LLP, FMR LLC and Fiera Capital Corp. Company insiders that have sold Centene Corp stock in the last year include Carol Goldman, Jeffrey A Schwaneke, Jesse N Hunter, Keith H Williamson, Kenneth Rone Baldwin, Mark J Brooks and Richard A Gephardt.

Who bought Centene Corp stock? Who is buying Centene Corp stock?

Centene Corp's stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Viking Global Investors LP, Appaloosa LP, AQR Capital Management LLC, Roystone Capital Management LP, Deerfield Management Co., Renaissance Technologies LLC and Tavio Capital LLC.

How do I buy Centene Corp stock?

Shares of Centene Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Centene Corp stock cost?

One share of Centene Corp stock can currently be purchased for approximately $68.01.

Centene Corp (CNC) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff