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NYSE:CNC - Centene Stock Price, Forecast & News

$65.49
-0.24 (-0.37 %)
(As of 02/24/2020 02:41 AM ET)
Today's Range
$64.84
Now: $65.49
$65.92
50-Day Range
$61.14
MA: $64.34
$68.02
52-Week Range
$41.62
Now: $65.49
$68.64
Volume3.10 million shs
Average Volume6.10 million shs
Market Capitalization$27.10 billion
P/E Ratio20.86
Dividend YieldN/A
Beta0.95
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$74.64 billion
Cash Flow$6.67 per share
Book Value$30.59 per share

Profitability

Net Income$1.32 billion

Miscellaneous

Employees47,300
Market Cap$27.10 billion
Next Earnings Date4/28/2020 (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 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 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) posted its earnings results on Tuesday, February, 4th. The company reported $0.73 earnings per share for the quarter, hitting analysts' consensus estimates of $0.73. The company had revenue of $18.86 billion for the quarter, compared to the consensus estimate of $18.45 billion. Centene had a net margin of 1.77% and a return on equity of 15.18%. The firm's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.69 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, April 28th 2020. View Earnings Estimates for Centene.

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

Centene updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 4th. The company provided 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.

What price target have analysts set for CNC?

17 brokers have issued 1 year target prices for Centene's shares. Their forecasts range from $62.00 to $103.00. On average, they expect Centene's stock price to reach $80.41 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for Centene.

What is the consensus analysts' recommendation 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.

Has Centene been receiving favorable news coverage?

News stories about CNC stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Centene earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock'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), Micron Technology (MU), Netflix (NFLX), Boeing (BA), Home Depot (HD), Adobe (ADBE) and CVS Health (CVS).

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 investors include Capital World Investors (8.74%), FMR LLC (6.16%), State Street Corp (4.07%), Capital Research Global Investors (2.94%), Geode Capital Management LLC (1.55%) and Capital International Investors (1.35%). 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.

Which institutional investors are selling Centene stock?

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, Man Group plc, Alberta Investment Management Corp and Snow Capital Management LP. 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.

Which institutional investors are buying Centene stock?

CNC stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Capital World Investors, Lyrical Asset Management LP, Capital Research Global Investors, Hotchkis & Wiley Capital Management LLC, Thrivent Financial for Lutherans, Partner Fund Management L.P. and Bridger Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Centene's stock price today?

One share of CNC stock can currently be purchased for approximately $65.49.

How big of a company is Centene?

Centene has a market capitalization of $27.10 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.

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:  895 (Vote Outperform)
Underperform Votes:  594 (Vote Underperform)
Total Votes:  1,489
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 2/24/2020 by MarketBeat.com Staff

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