NYSE:CNC

Centene Stock Forecast, Price & News

$71.69
-2.62 (-3.53 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$71.37
$73.60
50-Day Range
$59.49
$74.31
52-Week Range
$53.60
$75.25
Volume6.50 million shs
Average Volume4.06 million shs
Market Capitalization$41.78 billion
P/E Ratio17.11
Dividend YieldN/A
Beta0.47
30 days | 90 days | 365 days | Advanced Chart
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Centene logo

About Centene

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its 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 cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members in the Managed Care segment. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; and vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

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MarketRank

Overall MarketRank

2.11 out of 5 stars

Medical Sector

51st out of 2,097 stocks

Hospital & Medical Service Plans Industry

5th out of 13 stocks

Analyst Opinion: 3.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Centene (NYSE:CNC) Frequently Asked Questions

Is Centene a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Centene in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Centene stock.
View analyst ratings for Centene
or view top-rated stocks.

What stocks does MarketBeat like better than Centene?

Wall Street analysts have given Centene a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Centene wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Centene?

Centene saw a increase in short interest in May. As of May 14th, there was short interest totaling 9,930,000 shares, an increase of 27.6% from the April 29th total of 7,780,000 shares. Based on an average daily trading volume, of 4,060,000 shares, the short-interest ratio is currently 2.4 days.
View Centene's Short Interest
.

When is Centene's next earnings date?

Centene is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Centene
.

How were Centene's earnings last quarter?

Centene Co. (NYSE:CNC) released its earnings results on Monday, April, 26th. The company reported $1.63 EPS for the quarter, beating the Zacks' consensus estimate of $1.59 by $0.04. The firm had revenue of $29.96 billion for the quarter, compared to analysts' expectations of $29.55 billion. Centene had a trailing twelve-month return on equity of 13.09% and a net margin of 2.14%. Centene's quarterly revenue was up 15.1% compared to the same quarter last year. During the same period last year, the firm posted $0.86 EPS.
View Centene's earnings history
.

How has Centene's stock been impacted by COVID-19?

Centene's stock was trading at $57.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNC shares have increased by 23.7% and is now trading at $71.69.
View which stocks have been most impacted by COVID-19
.

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

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 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.

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

Centene updated its FY 2021 earnings guidance on Wednesday, June, 16th. The company provided EPS guidance of $5.050-5.350 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.230. The company issued revenue guidance of -.

What price target have analysts set for CNC?

16 analysts have issued 1 year price objectives for Centene's shares. Their forecasts range from $67.50 to $93.00. On average, they anticipate Centene's share price to reach $83.30 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for Centene
or view top-rated stocks among Wall Street analysts.

Who are Centene's key executives?

Centene's management team includes the following people:
  • Mr. Michael Frederic Neidorff, Chairman, Pres & CEO (Age 78, Pay $7.08M)
  • Mr. Jeffrey Alan Schwaneke CPA, CPA, Exec. VP, CFO & Treasurer (Age 45, Pay $2.63M)
  • Ms. Brandy Lynn Burkhalter, Exec. VP & COO (Age 48, Pay $2.12M)
  • Mr. Mark J. Brooks, Exec. VP & Chief Information Officer (Age 51, Pay $1.94M)
  • Mr. Jesse N. Hunter, Exec. VP of Mergers & Acquisitions and Chief Strategy Officer (Age 45, Pay $2.3M)
  • Mr. Kenneth Alan Burdick, Consultant (Age 62, Pay $3.64M)
  • Ms. Katie Casso, Sr. VP, Chief Accounting Office & Corp. Controller
  • Ms. Shannon Bagley, Exec. VP & Chief Admin. Officer
  • Ms. Jennifer Lynch Gilligan, Sr. VP of Investor Relations
  • Mr. Christopher Andrew Koster, Sr. VP, Gen. Counsel & Sec. (Age 56)

What is Michael F. Neidorff's approval rating as Centene's CEO?

930 employees have rated Centene CEO Michael F. Neidorff on Glassdoor.com. Michael F. Neidorff has an approval rating of 74% among Centene's employees.

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), Micron Technology (MU), CVS Health (CVS), Intel (INTC), Johnson & Johnson (JNJ), Visa (V), AbbVie (ABBV) and Cisco Systems (CSCO).

What is Centene's stock symbol?

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

Who are Centene's major shareholders?

Centene's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.63%), Price T Rowe Associates Inc. MD (4.86%), Capital International Investors (4.25%), Ameriprise Financial Inc. (2.02%), Viking Global Investors LP (1.88%) and JPMorgan Chase & Co. (1.59%). Company insiders that own Centene stock include Brandy Burkhalter, Brent D Layton, Jeffrey A Schwaneke, Jesse N Hunter, Jessica L Blume, John R Roberts, Keith H Williamson, Kenneth A Burdick, Mark J Brooks, Michael F Neidorff, Orlando Ayala, Richard A Gephardt, Robert K Ditmore and Tommy G Thompson.
View institutional ownership trends for Centene
.

Which major investors are selling Centene stock?

CNC stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Viking Global Investors LP, Capital International Investors, Amundi Asset Management US Inc., Southpoint Capital Advisors LP, Deerfield Management Company L.P. Series C, Migdal Insurance & Financial Holdings Ltd., and UBS Group AG. Company insiders that have sold Centene company stock in the last year include Brandy Burkhalter, Brent D Layton, Jesse N Hunter, John R Roberts, Kenneth A Burdick, Mark J Brooks, Michael F Neidorff, Orlando Ayala, Richard A Gephardt, Robert K Ditmore, and Tommy G Thompson.
View insider buying and selling activity for Centene
or view top insider-selling stocks.

Which major investors are buying Centene stock?

CNC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Ruffer LLP, Ameriprise Financial Inc., Caisse DE Depot ET Placement DU Quebec, Point72 Asset Management L.P., Bank of New York Mellon Corp, and UBS Asset Management Americas Inc.. Company insiders that have bought Centene stock in the last two years include Jessica L Blume, and Robert K Ditmore.
View insider buying and selling activity for Centene
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Centene's stock price today?

One share of CNC stock can currently be purchased for approximately $71.69.

How much money does Centene make?

Centene has a market capitalization of $41.78 billion and generates $111.12 billion in revenue each year. The company earns $1.81 billion in net income (profit) each year or $5.00 on an earnings per share basis.

How many employees does Centene have?

Centene employs 71,300 workers across the globe.

Does Centene have any subsidiaries?

The following companies are subsidiares of Centene: Absolute Total Care Inc., AcariaHealth Inc., AcariaHealth Pharmacy #11, AcariaHealth Pharmacy #12, AcariaHealth Pharmacy #13, AcariaHealth Pharmacy #14, AcariaHealth Pharmacy Inc., AcariaHealth Solutions Inc., Access Medical Acquisition Inc., Access Medical Group of Florida City Inc., Access Medical Group of Hialeah Inc., Access Medical Group of Lakeland LLC, Access Medical Group of Miami Inc., Access Medical Group of North Miami Beach Inc., Access Medical Group of Opa-Locka Inc., Access Medical Group of Perrine Inc., Access Medical Group of Tampa II Inc., Access Medical Group of Tampa III Inc., Access Medical Group of Tampa Inc., Access Medical Group of Westchester Inc., Agate Resources Inc., Ambetter of Magnolia Inc., Ambetter of North Carolina Inc., Ambetter of Peach State Inc., Arch Personalized Medicine Initiative LLC, Arkansas Health & Wellness Health Plan Inc., Arkansas Total Care Holding Company LLC, Arkansas Total Care Inc., B2B Gestion Integra S.L.U., B2B Lab S.L., B2B Salud S.L.U., Bankers Reserve Life Insurance Company of Wisconsin, Bridgeway Health Solutions LLC, Bridgeway Health Solutions of Arizona Inc., Buckeye Community Health Plan Inc., Buckeye Health Plan Community Solutions Inc., CBHSP Arizona Inc., CCTX Holdings LLC, CMC Hanley LLC, CMC Real Estate Company LLC, CT Poprad, Calibrate Acquisition Company, California Health and Wellness Plan, Cantina Laredo Clayton LP, Cardium Health Services, Carolina Complete Health Holding Company Partnership, Carolina Complete Health Inc., Casenet LLC, Casenet S.R.O., CeltiCare Health Plan Holdings LLC, CeltiCare Health Plan of Massachusetts Inc., Celtic Group Inc., Celtic Insurance Company, Cenpatico Behavioral Health LLC, Cenpatico Behavioral Health of Arizona LLC, Cenpatico of Arizona Inc., Centene Center I LLC, Centene Center II LLC, Centene Center III LLC, Centene Center LLC, Centene Company of New York LLC, Centene Company of Texas LP, Centene Europe Finance Company Limited, Centene Health Plan Holdings Inc., Centene International Ventures LLC, Centene Management Company LLC, Centene Venture Company Alabama Health Plan Inc., Centene Venture Company Florida Inc., Centene Venture Company Illinois Inc., Centene Venture Company Indiana Inc., Centene Venture Company Kansas Inc., Centene Venture Company Michigan Inc., Centene Venture Company Tennessee Inc., Centurion Correctional Healthcare of New Mexico LLC, Centurion Detention Health Services LLC, Centurion LLC, Centurion of Arizona LLC, Centurion of Delaware LLC, Centurion of Florida LLC, Centurion of Kansas LLC, Centurion of Minnesota LLC, Centurion of Mississippi LLC, Centurion of New Hampshire LLC, Centurion of Pennsylvania LLC, Centurion of Tennessee LLC, Centurion of Vermont LLC, Centurion of West Virginia LLC, Centurion of Wyoming LLC, Comfort Hospice of Missouri LLC, Comfort Hospice of Texas LLC, ComfortBrook Hospice LLC, Community Medical Group, Community Medical Holdings Corporation, Coordinated Care Corporation, Coordinated Care of Washington Inc., Country Style Health Care LLC, DR Magnet, District Community Care Inc., Elche-Crevillente Salud, Envolve - New York Inc., Envolve Benefits Options Inc., Envolve Captive Insurance Company Inc., Envolve Dental IPA of New York Inc., Envolve Dental Inc., Envolve Dental of Florida Inc., Envolve Dental of Texas Inc., Envolve Health, Envolve Holdings Inc., Envolve Inc., Envolve Optical Inc., Envolve PeopleCare Inc., Envolve Pharmacy IPA LLC, Envolve Pharmacy Solutions Inc., Envolve Total Vision Inc., Envolve Vision Benefits Inc., Envolve Vision IPA of New York Inc., Envolve Vision Inc., Envolve Vision of Florida Inc., Envolve Vision of Texas Inc., FH Assurance Company, Family Nurse Care II LLC, Family Nurse Care LLC, Family Nurse Care of Ohio LLC, Fidelis Care, Forensic Health Services LLC, Foundation Care LLC, GPT Acquisition LLC, Grace Hospice of Austin LLC, Grace Hospice of Grand Rapids LLC, Grace Hospice of Illinois LLC, Grace Hospice of Indiana LLC, Grace Hospice of San Antonio LLC, Grace Hospice of Virginia LLC, Grace Hospice of Wisconsin LLC, Granite State Health Plan Inc., Hallmark Life Insurance Company, Health Care Enterprises LLC, Health Net Access Inc., Health Net Community Solutions Inc., Health Net Community Solutions of Arizona Inc., Health Net Federal Services LLC, Health Net Health Plan of Oregon Inc., Health Net Inc., Health Net LLC, Health Net Life Insurance Company, Health Net Life Reinsurance Company, Health Net Pharmaceutical Services, Health Net Preferred Providers LLC, Health Net Services Inc., Health Net Veterans LLC, Health Net of Arizona Administrative Services Inc., Health Net of Arizona Inc., Health Net of California Inc., Health Net of California Real Estate Holdings Inc., Health Net of Pennsylvania LLC, Health Plan Real Estate Holdings Inc., HealthSmart Benefit Solutions Inc., HealthSmart Benefits Management LLC, HealthSmart Care Management Solutions LP, HealthSmart Information Systems Inc., HealthSmart Preferred Care II LP, HealthSmart Preferred Network II Inc., HealthSmart Primary Care Clinics LP, HealthSmart Rx Solutions Inc., Healthy Louisiana Holdings LLC, Healthy Missouri Holdings Inc., Healthy Washington Holdings Inc., Heritage Home Hospice LLC, Home State Health Plan Inc., HomeScripts.com LLC, Hospice DME Company LLC, Hospital Povisa S.A., Hudson Acquisition LLC, IAH of Florida LLC, IlliniCare Health Plan Inc., Illinois Health Practice Alliance LLC, Infraestructuras y Servicios de Alzira S. L., Integrated Care Network of Florida LLC, Integrated Mental Health Management LLC, Integrated Mental Health Services, Integrated Pharmacy Systems Inc., Interpreta Holdings Inc., Interpreta Inc., Iowa Total Care Inc., Kentucky Spirit Health Plan Inc., LBB Industries Inc., LSM Holdco Inc., LifeShare Management Group LLC, LiveHealthier Inc., Louisiana Healthcare Connections Inc. , MH Services International (UK) Limited, MH Services International Holdings (UK) Limited, MHM, MHM Correctional Services LLC, MHM Health Professionals LLC, MHM Maryland Inc., MHM Ohio Inc., MHM Services Inc., MHM Services of California LLC, MHM Solutions LLC, MHN Global Services Inc., MHN Government Services LLC, MHN Government Services-Guam Inc., MHN Government Services-International Inc., MHN Government Services-Puerto Rico Inc., MHN Services LLC, MHS Consulting International Inc., MHS Travel & Charter Inc., MR Poprad, MR Zilina, Magnolia Health Plan Inc., Managed Health Network, Managed Health Network LLC, Managed Health Services Insurance Corporation, Mauli Ola Health and Wellness Inc., Medicina Nove Zamky, Michigan Complete Health, National Pharmacy Services Inc., Nebraska Total Care Inc., Network Providers LLC, New York Quality Healthcare Corporation, Next Door Neighbors Inc., Next Door Neighbors LLC., North Florida Health Services Inc., Novasys Health Inc., OB Care, OB Klinika, Operose Health (Group) Ltd., Operose Health (Group) UK Ltd., Operose Health Ltd., Parker LP LLC, Peach State Health Plan Inc., Pennsylvania Health Care Plan Inc., Pennsylvania Health and Wellness Inc., Phoenix Home Health Care LLC, Pinnacle Home Care LLC, Pinnacle Senior Care of Illinois LLC, Pinnacle Senior Care of Indiana LLC, Pinnacle Senior Care of Kalamazoo LLC, Pinnacle Senior Care of Missouri LLC, Pinnacle Senior Care of Wisconsin LLC, PrimeroSalud S.L., Pro Diagnostic Group A.S. , Pro Magnet, Pro Magnet CZ, Pro RTG, Progress Medical A.S., QCA Healthplan Inc., QualMed Inc., QualMed Plans for Health of Pennsylvania Inc., QualMed Plans for Health of Western Pennsylvania Inc., Qualchoice Life and Health Insurance Company, R&C Healthcare LLC, RMED LLC, RX Direct Inc., Rapid Respiratory Services LLC, Ribera Salud II, Ribera Salud Proyectos S.L., Ribera Salud S.A., Ribera Salud Tecnologias S.L.U., Ribera Slaud Infraestructuras S.L.U., Ribera-Quilpro UTE, Salus Administrative Services Inc., Salus IPA LLC, Seniorcorps Peninsula LLC, SilverSummit Healthplan Inc., Social Health Bridge LLC, Social Health Bridge Trust, Specialty Therapeutic Care GP LLC, Specialty Therapeutic Care Holdings, Specialty Therapeutic Care LP, Sunflower State Health Plan Inc., Sunshine Health Community Solutions Inc., Sunshine Health Holding LLC, Sunshine State Health Plan Inc., Superior HealthPlan Community Solutions Inc., Superior HealthPlan Inc., The Practice Properties Limited, Torrejon Salud S.A., Torrevieja Salud S.L.U., Torrevieja Salud UTE, Traditional Home Health Services LLC, Trillium Community Health Plan Inc., U.S. Medical Management Holdings Inc., U.S. Medical Management LLC, USMM Accountable Care Network LLC, USMM Accountable Care Partners LLC, USMM Accountable Care Solutions LLC, WellCare Health Plans, Wellington Merger Sub I LLC, Wellington Merger Sub II LLC, Western Sky Community Care Inc., and nirvanaHealth LLC.

When was Centene founded?

Centene was founded in 1984.

What is Centene's official website?

The official website for Centene is www.centene.com.

Where are Centene's headquarters?

Centene is headquartered at 7700 FORSYTH BOULEVARD, ST LOUIS MO, 63105.

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]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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