Top MarketRank™ StocksTop MarketRank™NYSE:CNC Centene (CNC) Stock Price, News & Analysis $59.58 -0.13 (-0.22%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Centene Stock (NYSE:CNC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Centene alerts:Sign Up Key Stats Today's Range$58.99▼$60.7050-Day Range$56.71▼$72.9452-Week Range$55.03▼$81.42Volume26.10 million shsAverage Volume4.27 million shsMarket Capitalization$30.08 billionP/E Ratio10.34Dividend YieldN/APrice Target$80.92Consensus RatingModerate Buy Company OverviewCentene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support. This segment also provides healthcare products. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual, small, and large group commercials. It also operates clinical healthcare and pharmacies, as well as offers dental and speech therapy services. In addition, the company engages in the government contracts business under the TRICARE program and other healthcare related government contracts. It provides services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in Saint Louis, Missouri.Read More… Centene Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks99th Percentile Overall ScoreCNC MarketRank™: Centene scored higher than 99% of companies evaluated by MarketBeat, and ranked 17th out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.3 / 5Analyst RatingModerate Buy Consensus RatingCentene has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 9 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageCentene has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Centene's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth2.64% Earnings GrowthEarnings for Centene are expected to grow by 2.64% in the coming year, from $6.83 to $7.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Centene is 10.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Centene is 10.34, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 86.95.Price to Earnings Growth RatioCentene has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCentene has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.27% of the float of Centene has been sold short.Short Interest Ratio / Days to CoverCentene has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Centene has recently increased by 7.59%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldCentene does not currently pay a dividend.Dividend GrowthCentene does not have a long track record of dividend growth. Sustainability and ESG3.7 / 5Environmental Score-0.40 Percentage of Shares Shorted3.27% of the float of Centene has been sold short.Short Interest Ratio / Days to CoverCentene has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Centene has recently increased by 7.59%, indicating that investor sentiment is decreasing significantly. News and Social Media2.7 / 5News Sentiment0.78 News SentimentCentene has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Centene this week, compared to 16 articles on an average week.Search InterestOnly 23 people have searched for CNC on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Centene to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Centene insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,660,276.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.33% of the stock of Centene is held by insiders.Percentage Held by Institutions93.63% of the stock of Centene is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Centene's insider trading history. Receive CNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Centene and its competitors with MarketBeat's FREE daily newsletter. Email Address CNC Stock News HeadlinesInsider Buying: Centene Co. (NYSE:CNC) Director Purchases 17,000 Shares of StockDecember 20 at 8:28 AM | insidertrades.comH James Dallas Acquires 1,693 Shares of Centene Co. (NYSE:CNC) StockDecember 18, 2024 | insidertrades.comCrypto’s hidden gem + greatest crypto bull run in history = $$$?You don’t actually want to buy Bitcoin this time around. 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Because believe it or not… The 2024 crypto bull run is one you DON’T want to miss.December 22, 2024 | ProsperityPub (Ad)Centene director buys $1.02M in common stockDecember 20 at 11:22 AM | markets.businessinsider.comCentene's (CNC) Overweight Rating Reiterated at JPMorgan Chase & Co.December 20 at 4:15 AM | americanbankingnews.comThomas Greco Acquires 17,000 Shares of Centene CorpDecember 19 at 9:06 PM | gurufocus.comCentene Corp (CNC) Provides Special Assistance Amid California's Bird Flu EmergencyDecember 18, 2024 | gurufocus.comHealth Net Providing Special Assistance to Members Affected by Bird Flu Throughout CaliforniaDecember 18, 2024 | prnewswire.comSee More Headlines CNC Stock Analysis - Frequently Asked Questions How have CNC shares performed this year? Centene's stock was trading at $74.21 on January 1st, 2024. Since then, CNC shares have decreased by 19.7% and is now trading at $59.58. View the best growth stocks for 2024 here. How were Centene's earnings last quarter? Centene Co. (NYSE:CNC) released its earnings results on Friday, April, 26th. The company reported $2.26 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.17. Centene's revenue was up 3.9% on a year-over-year basis. Read the conference call transcript. When did Centene's stock split? Shares of Centene split on Wednesday, February 6th 2019. The 2-1 split was announced on Tuesday, February 5th 2019. The newly issued shares were payable to shareholders after the closing bell on Tuesday, February 5th 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Does Centene have any subsidiaries? The following companies are subsidiaries of Centene: Magellan Health Inc, PANTHERx Rare Pharmacy, Apixio, WellCare Health Plans, Community Medical Group, MHM, Fidelis Care, and others. Who are Centene's major shareholders? Centene's top institutional shareholders include Harris Associates L P (5.21%), FMR LLC (4.87%), State Street Corp (4.65%) and Wellington Management Group LLP (3.43%). Insiders that own company stock include Sarah London, Andrew Lynn Asher, Kenneth J Fasola, Shannon Bagley, Christopher J Coughlin, Theodore R Samuels II, Richard A Gephardt, Thomas Greco, Lori Jean Robinson, H James Dallas, Mark J Brooks and David P Thomas. View institutional ownership trends. How do I buy shares of Centene? Shares of CNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Centene own? Based on aggregate information from My MarketBeat watchlists, some other companies that Centene investors own include Humana (HUM), NVIDIA (NVDA), Meta Platforms (META), American Water Works (AWK), Salesforce (CRM), Advanced Micro Devices (AMD) and Verizon Communications (VZ). Company Calendar Last Earnings4/26/2024Today12/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Hospital & medical service plans Sub-IndustryManaged Health Care Current SymbolNYSE:CNC CUSIP15135B10 CIK1071739 Webwww.centene.com Phone(314) 725-4477Fax314-558-2428Employees67,700Year Founded1984Price Target and Rating Average Stock Price Target$80.92 High Stock Price Target$93.00 Low Stock Price Target$52.00 Potential Upside/Downside+35.8%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$5.76 Trailing P/E Ratio10.34 Forward P/E Ratio8.72 P/E Growth0.78Net Income$2.70 billion Net Margins1.90% Pretax Margin2.43% Return on Equity13.32% Return on Assets4.32% Debt Debt-to-Equity Ratio0.64 Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$161.73 billion Price / Sales0.19 Cash Flow$9.69 per share Price / Cash Flow6.15 Book Value$48.55 per share Price / Book1.23Miscellaneous Outstanding Shares504,865,000Free Float503,199,000Market Cap$30.08 billion OptionableOptionable Beta0.46 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report This page (NYSE:CNC) was last updated on 12/22/2024 by MarketBeat.com Staff From Our PartnersDid You See Trump’s Bombshell Exec. 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