Centene Corporation Company Profile (NYSE:CNC)

About Centene Corporation (NYSE:CNC)

Centene Corporation 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: Managed Health Care
  • Sub-Industry: Managed Health Care
  • Symbol: NYSE:CNC
  • CUSIP: 15135B10
  • Web: www.centene.com
Capitalization:
  • Market Cap: $16.64 billion
  • Outstanding Shares: 172,475,000
Average Prices:
  • 50 Day Moving Avg: $93.49
  • 200 Day Moving Avg: $82.41
  • 52 Week Range: $50.00 - $98.72
P/E:
  • Trailing P/E Ratio: 20.89
  • Foreward P/E Ratio: 17.55
  • P/E Growth: 1.48
Sales & Book Value:
  • Annual Revenue: $43.65 billion
  • Price / Sales: 0.38
  • Book Value: $36.98 per share
  • Price / Book: 2.61
Profitability:
  • EBITDA: $2.19 billion
  • Net Margins: 1.72%
  • Return on Equity: 14.62%
  • Return on Assets: 4.24%
Debt:
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 1.08%
  • Quick Ratio: 1.08%
Misc:
  • Average Volume: 1.66 million shs.
  • Beta: 0.68
  • Short Ratio: 1.82
 

Frequently Asked Questions for Centene Corporation (NYSE:CNC)

What is Centene Corporation's stock symbol?

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

How were Centene Corporation's earnings last quarter?

Centene Corporation (NYSE:CNC) released its quarterly earnings data on Tuesday, July, 25th. The company reported $1.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.29. The company earned $11.95 billion during the quarter, compared to analyst estimates of $11.69 billion. Centene Corporation had a net margin of 1.72% and a return on equity of 14.62%. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.29 earnings per share. View Centene Corporation's Earnings History.

When will Centene Corporation make its next earnings announcement?

Centene Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Centene Corporation.

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

Centene Corporation updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided EPS guidance of $4.70-5.06 for the period, compared to the Thomson Reuters consensus estimate of $4.79. The company issued revenue guidance of $46.4-47.2 billion, compared to the consensus revenue estimate of $46.82 billion.

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

18 brokers have issued twelve-month price objectives for Centene Corporation's shares. Their predictions range from $69.00 to $120.00. On average, they anticipate Centene Corporation's share price to reach $94.94 in the next year. View Analyst Ratings for Centene Corporation.

What are analysts saying about Centene Corporation stock?

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

  • 1. According to Zacks Investment Research, "Year to date, Centene’s shares have outperformed the industry. The company’s strong and consistent performance is likely to have generated confidence among the investors. It has seen substantial inorganic growth in the last five years. The acquisition of Health Net in 2016 bolstered the company’s growth, expansion and asset base. Its solid financial position provides a major boost to its capital deployment initiatives. The company’s strong Managed care segment also contributes to its strong results. The stock has seen the Zacks Consensus Estimate for the current year being revised upward by 3.4% in the last 60 days." (9/15/2017)
  • 2. Cantor Fitzgerald analysts commented, "This morning, CNC reported 2Q17 results. Revenue of $11.95 billion was slightly ahead of FactSet consensus. Adjusted EPS was $1.59 vs. our estimate of $1.25 and consensus of $1.30." (7/25/2017)
  • 3. 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)

Who are some of Centene Corporation's key competitors?

Who are Centene Corporation's key executives?

Centene Corporation's management team includes the folowing people:

  • Michael F. Neidorff, Chairman of the Board, President, Chief Executive Officer
  • Jeffrey A. Schwaneke CPA, Chief Financial Officer, Executive Vice President, Treasurer
  • Keith H. Williamson, Executive Vice President, General Counsel, Secretary
  • Christopher D. Bowers, Executive Vice President - Marketing
  • Cynthia J. Brinkley, Executive Vice President - Global Corporate Development
  • Jesse N. Hunter, Executive Vice President - Products
  • Christopher R. Isaak, Senior Vice President, Corporate Controller and Chief Accounting Officer
  • Mark J. Brooks, Senior Vice President, Chief Information Officer
  • Christopher A. Koster, Senior Vice President - Corporate Services
  • Orlando Ayala, Independent Director

Who owns Centene Corporation stock?

Centene Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include VANGUARD GROUP INC (10.11%), Robeco Institutional Asset Management B.V. (0.08%), Osborne Partners Capital Management LLC (0.06%), State Treasurer State of Michigan (0.03%), APG Asset Management N.V. (0.03%) and Assenagon Asset Management S.A. (0.02%). Company insiders that own Centene Corporation stock include Carol Goldman, Christopher D Bowers, Jeffrey A Schwaneke, Jesse N Hunter, Keith H Williamson, Kenneth Rone Baldwin, Mark J Brooks, Michael F Neidorff, Richard A Gephardt and Robert K Ditmore. View Institutional Ownership Trends for Centene Corporation.

Who sold Centene Corporation stock? Who is selling Centene Corporation stock?

Centene Corporation's stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Meeder Asset Management Inc., Tributary Capital Management LLC, State Treasurer State of Michigan, Fulton Bank N.A., Howe & Rusling Inc. and Osborne Partners Capital Management LLC. Company insiders that have sold Centene Corporation stock in the last year include Christopher D Bowers, Jeffrey A Schwaneke, Jesse N Hunter, Keith H Williamson, Mark J Brooks, Michael F Neidorff, Richard A Gephardt and Robert K Ditmore. View Insider Buying and Selling for Centene Corporation.

Who bought Centene Corporation stock? Who is buying Centene Corporation stock?

Centene Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., APG Asset Management N.V., Wealth Enhancement Advisory Services LLC, Eqis Capital Management Inc. and Mutual of America Capital Management LLC. View Insider Buying and Selling for Centene Corporation.

How do I buy Centene Corporation stock?

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

What is Centene Corporation's stock price today?

One share of Centene Corporation stock can currently be purchased for approximately $96.50.


MarketBeat Community Rating for Centene Corporation (NYSE CNC)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  642 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  1,053
MarketBeat's community ratings are surveys of what our community members think about Centene Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Centene Corporation (NYSE:CNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $94.94 (1.62% downside)
Consensus Price Target History for Centene Corporation (NYSE:CNC)
Price Target History for Centene Corporation (NYSE:CNC)
Analysts' Ratings History for Centene Corporation (NYSE:CNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017BMO Capital MarketsInitiated CoverageOutperform$120.00N/AView Rating Details
10/13/2017Jefferies Group LLCBoost Price TargetBuy$98.00 -> $112.00N/AView Rating Details
9/29/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$105.00LowView Rating Details
9/21/2017Morgan StanleyBoost Price TargetOverweight$94.00 -> $103.00LowView Rating Details
9/14/2017Deutsche Bank AGReiterated RatingBuy$95.00 -> $111.00LowView Rating Details
9/13/2017Leerink SwannReiterated RatingMarket Perform -> Market Perform$78.00 -> $90.00HighView Rating Details
9/13/2017Cowen and CompanyReiterated RatingOutperform$77.00 -> $105.00HighView Rating Details
9/13/2017Cantor FitzgeraldBoost Price TargetOverweight$107.00HighView Rating Details
9/1/2017Piper Jaffray CompaniesReiterated RatingBuy$105.00LowView Rating Details
7/26/2017Citigroup Inc.Boost Price TargetSell$80.00 -> $89.00MediumView Rating Details
7/14/2017Bank of America CorporationBoost Price TargetBuy$93.00 -> $95.00LowView Rating Details
7/11/2017Sanford C. BernsteinReiterated RatingOutperformMediumView Rating Details
6/19/2017Credit Suisse GroupReiterated RatingNeutral$78.00 -> $81.00LowView Rating Details
5/22/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$75.00MediumView Rating Details
4/26/2017Evercore ISIBoost Price TargetOutperform$80.00 -> $83.00HighView Rating Details
4/26/2017Stifel NicolausBoost Price TargetBuy$80.00 -> $85.00HighView Rating Details
2/8/2017Barclays PLCBoost Price TargetOverweight$75.00 -> $79.00N/AView Rating Details
12/13/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralN/AView Rating Details
9/7/2016WedbushReiterated RatingOutperform$85.00N/AView Rating Details
9/1/2016FBR & CoReiterated RatingBuyN/AView Rating Details
6/28/2016Wolfe ResearchInitiated CoverageMarket Perform$80.00N/AView Rating Details
6/20/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Centene Corporation (NYSE:CNC)
Earnings by Quarter for Centene Corporation (NYSE:CNC)
Earnings History by Quarter for Centene Corporation (NYSE CNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.24N/AView Earnings Details
7/25/2017Q2 2017$1.30$1.59$11.69 billion$11.95 billionViewN/AView Earnings Details
4/25/2017Q1 17$1.06$1.12$11.44 billion$11.72 billionViewN/AView Earnings Details
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$0.95$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$0.69$0.73$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$0.79$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 Corporation (NYSE:CNC)
2017 EPS Consensus Estimate: $4.63
2018 EPS Consensus Estimate: $5.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$1.01$1.09$1.05
Q2 20174$1.27$1.29$1.28
Q3 20174$1.21$1.34$1.27
Q4 20174$0.90$1.25$1.03
Q1 20181$1.27$1.27$1.27
Q2 20181$1.44$1.44$1.44
Q3 20181$1.40$1.40$1.40
Q4 20181$1.28$1.28$1.28
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Centene Corporation (NYSE:CNC)
Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 92.10%
Insider Trades by Quarter for Centene Corporation (NYSE:CNC)
Institutional Ownership by Quarter for Centene Corporation (NYSE:CNC)
Insider Trades by Quarter for Centene Corporation (NYSE:CNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/1/2017Christopher D. BowersEVPSell4,000$79.43$317,720.00View SEC Filing  
7/27/2017Robert K. DitmoreDirectorSell4,167$82.59$344,152.53View SEC Filing  
7/6/2017Michael F. NeidorffChairmanSell35,000$80.26$2,809,100.00View SEC Filing  
6/12/2017Richard A. GephardtDirectorSell4,350$77.38$336,603.00View SEC Filing  
6/2/2017Mark J. BrooksSVPSell2,161$75.43$163,004.23View SEC Filing  
6/2/2017Robert K. DitmoreDirectorSell3,900$75.43$294,177.00View SEC Filing  
5/1/2017Jesse N. HunterEVPSell5,000$74.40$372,000.00View SEC Filing  
4/27/2017Christopher D. BowersEVPSell3,150$72.80$229,320.00View SEC Filing  
4/27/2017Robert K. DitmoreDirectorSell4,167$72.43$301,815.81View SEC Filing  
3/27/2017Keith H. WilliamsonEVPSell6,000$70.03$420,180.00View SEC Filing  
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 Corporation (NYSE:CNC)
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Centene Corporation (CNC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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