NYSE:CNC - Centene Stock Price, Forecast & News

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

Shares of Centene split on the morning of Wednesday, February 6th 2019. The 2-1 split was announced on Tuesday, February 5th 2019. The newly issued shares were issued 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) posted its quarterly earnings results on Tuesday, February, 4th. The company reported $0.73 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.73. The company had revenue of $18.86 billion for the quarter, compared to analysts' expectations of $18.45 billion. The firm's revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of 4.64-4.84 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued twelve-month price targets for Centene's stock. Their forecasts range from $60.00 to $103.00. On average, they anticipate Centene's stock 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.

News articles about CNC stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring 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 nearest to five being the most favorable. Centene earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Centene.

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

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 variety of of retail and institutional investors. Top institutional investors 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, Snow Capital Management LP, Mackay Shields LLC and Acadian Asset Management 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 bought 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., Tavio Capital LLC, Victory Capital Management Inc. and Boston Partners. 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.