NYSE:CNC - Centene Stock Price, Forecast & News

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

Centene's stock split on the morning of 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 market closes 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.

Centene Corp (NYSE:CNC) issued its earnings results on Tuesday, February, 4th. The company reported $0.73 earnings per share for the quarter, meeting the consensus estimate of $0.73. The firm had revenue of $18.86 billion for the quarter, compared to analyst estimates of $18.45 billion. Centene had a net margin of 1.77% and a return on equity of 15.18%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 EPS. View Centene's Earnings History.

Centene is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Centene.

Centene issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of 4.64-4.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.80. The company issued revenue guidance of $78.6-79.4 billion, compared to the consensus revenue estimate of $84.49 billion.

17 Wall Street analysts have issued 1 year price targets for Centene's stock. Their forecasts range from $60.00 to $103.00. On average, they expect Centene's share price to reach $78.91 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for Centene.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centene in the last year. There are currently 2 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centene.

Media coverage about CNC stock has trended extremely negative on Monday, InfoTrie reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Centene earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Centene.

Some companies that are related to Centene include UnitedHealth Group (UNH), Cigna (CI), Anthem (ANTM), Humana (HUM), WellCare Health Plans (WCG), Molina Healthcare (MOH), Magellan Health (MGLN) and Triple-S Management (GTS).

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), Micron Technology (MU), Netflix (NFLX), Boeing (BA), Home Depot (HD), Adobe (ADBE) and CVS Health (CVS).

Centene's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (6.16%), State Street Corp (4.07%), Boston Partners (1.16%), Lyrical Asset Management LP (1.02%), Maverick Capital Ltd. (0.76%) and Bank of New York Mellon Corp (0.75%). Company insiders that own Centene stock include Brandy Burkhalter, Christopher D Bowers, Jeffrey A Schwaneke, Jesse N Hunter, Jessica L Blume, Keith H Williamson, Mark J Brooks, Michael F Neidorff, Robert K Ditmore and Tommy G Thompson. View Institutional Ownership Trends for Centene.

CNC stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Prudential Financial Inc., Renaissance Technologies LLC, Sculptor Capital LP, AQR Capital Management LLC, Alberta Investment Management Corp, Snow Capital Management LP and Mackay Shields LLC. Company insiders that have sold Centene company stock in the last year include Jesse N Hunter, Keith H Williamson, Michael F Neidorff, Robert K Ditmore and Tommy G Thompson. View Insider Buying and Selling for Centene.

CNC stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Lyrical Asset Management LP, Hotchkis & Wiley Capital Management LLC, Thrivent Financial for Lutherans, Partner Fund Management L.P., Bridger Management LLC, Tavio Capital LLC and Victory Capital Management Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CNC stock can currently be purchased for approximately $64.94.

Centene has a market capitalization of $26.87 billion and generates $74.64 billion in revenue each year. The company earns $1.32 billion in net income (profit) each year or $4.42 on an earnings per share basis. Centene employs 47,300 workers across the globe.View Additional Information About Centene.

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

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]