NYSE:CNC - Centene Stock Price, News, & Analysis

$54.79
+1.24 (+2.32 %)
(As of 06/17/2019 02:55 PM ET)
Today's Range
$53.72
Now: $54.79
$55.03
50-Day Range
$49.73
MA: $54.68
$57.92
52-Week Range
$45.44
Now: $54.79
$74.49
Volume315,282 shs
Average Volume8.09 million shs
Market Capitalization$22.65 billion
P/E Ratio15.13
Dividend YieldN/A
Beta0.99
Centene Corporation operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. The company's 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 covers dually eligible individuals, as well as aged, blind, or disabled programs. Read More…

Industry, Sector and Symbol

Industry Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorMedical
CUSIP15135B10
Phone314-725-4477

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$60.12 billion
Cash Flow$4.7478 per share
Book Value$26.81 per share

Profitability

Net Income$900 million

Miscellaneous

Employees47,300
Market Cap$22.65 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

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Centene (NYSE:CNC) Frequently Asked Questions

What is Centene's stock symbol?

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

When did Centene's stock split? How did Centene's stock split work?

Shares of Centene split before market open on Wednesday, February 6th 2019. The 2-1 split was announced on Tuesday, February 5th 2019. The newly created shares were distributed to shareholders after the closing bell on Tuesday, February 5th 2019. An investor that had 100 shares of Centene stock prior to the split would have 200 shares after the split.

How were Centene's earnings last quarter?

Centene Corp (NYSE:CNC) announced its quarterly earnings data on Tuesday, April, 23rd. The company reported $1.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.32 by $0.07. The firm had revenue of $18.44 billion for the quarter, compared to analyst estimates of $17.44 billion. Centene had a net margin of 1.66% and a return on equity of 14.60%. The business's quarterly revenue was up 39.8% on a year-over-year basis. During the same quarter last year, the business posted $2.17 EPS. View Centene's Earnings History.

When is Centene's next earnings date?

Centene is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Centene.

How can I listen to Centene's earnings call?

Centene will be holding an earnings conference call on Tuesday, July 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Centene updated its FY19 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share (EPS) guidance of $4.24-4.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.25. The company issued revenue guidance of $72.8-73.6 billion, compared to the consensus revenue estimate of $70.76 billion.Centene also updated its FY 2019 guidance to $4.24-4.44 EPS.

What price target have analysts set for CNC?

18 analysts have issued 12 month target prices for Centene's stock. Their predictions range from $63.00 to $85.00. On average, they anticipate Centene's stock price to reach $76.5213 in the next twelve months. This suggests a possible upside of 39.8% from the stock's current price. View Analyst Price Targets for Centene.

What is the consensus analysts' recommendation for Centene?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centene in the last year. There are currently 2 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centene.

Has Centene been receiving favorable news coverage?

News stories about CNC stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centene earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Centene.

Who are some of Centene's key competitors?

What other stocks do shareholders of Centene own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Centene investors own include NVIDIA (NVDA), Alibaba Group (BABA), UnitedHealth Group (UNH), Visa (v), Adobe (ADBE), Micron Technology (MU), Netflix (NFLX), Boeing (BA), salesforce.com (CRM) and Home Depot (HD).

Who are Centene's key executives?

Centene's management team includes the folowing people:
  • Mr. Michael Frederic Neidorff, Chairman, Pres & CEO (Age 76)
  • Mr. Jeffrey Alan Schwaneke C.P.A., CPA, Exec. VP, CFO & Treasurer (Age 43)
  • Ms. Brandy Lynn Burkhalter, Exec. VP of Operations (Age 46)
  • Mr. Mark J. Brooks, Exec. VP & Chief Information Officer (Age 49)
  • Mr. Jesse N. Hunter, Exec. VP & Chief Strategy Officer (Age 43)

Who are Centene's major shareholders?

Centene's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.84%), Northern Trust Corp (1.14%), FMR LLC (1.13%), Janus Henderson Group PLC (1.13%), Wells Fargo & Company MN (1.00%) and OppenheimerFunds Inc. (0.68%). Company insiders that own Centene stock include Brandy Burkhalter, Christopher D Bowers, Jeffrey A Schwaneke, Jesse N Hunter, Keith H Williamson, Mark J Brooks, Michael F Neidorff, Robert K Ditmore and Stephen Wallace. View Institutional Ownership Trends for Centene.

Which institutional investors are selling Centene stock?

CNC stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Teacher Retirement System of Texas, Carillon Tower Advisers Inc., CIBC Private Wealth Group LLC, Avalon Advisors LLC, Scout Investments Inc., Origin Asset Management LLP and Assenagon Asset Management S.A.. Company insiders that have sold Centene company stock in the last year include Brandy Burkhalter, Christopher D Bowers, Jeffrey A Schwaneke, Keith H Williamson, Mark J Brooks and Robert K Ditmore. View Insider Buying and Selling for Centene.

Which institutional investors are buying Centene stock?

CNC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Janus Henderson Group PLC, Northern Trust Corp, FMR LLC, Wells Fargo & Company MN, Boston Partners, OppenheimerFunds Inc. and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Centene.

How do I buy shares of Centene?

Shares of CNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Centene's stock price today?

One share of CNC stock can currently be purchased for approximately $54.74.

How big of a company is Centene?

Centene has a market capitalization of $22.63 billion and generates $60.12 billion in revenue each year. The company earns $900 million in net income (profit) each year or $3.54 on an earnings per share basis. Centene employs 47,300 workers across the globe.View Additional Information About Centene.

What is Centene's official website?

The official website for Centene is http://www.centene.com/.

How can I contact Centene?

Centene's mailing address is 7700 FORSYTH BOULEVARD, ST LOUIS MO, 63105. The company can be reached via phone at 314-725-4477 or via email at [email protected]


MarketBeat Community Rating for Centene (NYSE CNC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  825 (Vote Outperform)
Underperform Votes:  541 (Vote Underperform)
Total Votes:  1,366
MarketBeat's community ratings are surveys of what our community members think about Centene and other stocks. Vote "Outperform" if you believe CNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2019 by MarketBeat.com Staff

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