Centene logo

CenteneNYSE: CNC

Profile

Sector:

Healthcare

Country:

United States

IPO:

13 December 2001

Next earnings report:

06 February 2025

Last dividends:

N/A

Next dividends:

N/A
$29.28 B
-47%vs. 3y high
97%vs. sector
-85%vs. 3y high
12%vs. sector
-49%vs. 3y high
40%vs. sector
-56%vs. 3y high
6%vs. sector

Price

pre-market | 18 min ago
$58.00+$0.17(+0.29%)

Dividend

No data over the past 3 years
$42.02 B$39.07 B
$42.02 B$713.00 M

Analysts recommendations

Institutional Ownership

CNC Latest News

3 Stocks Seeing Insider Buys: CNC, PFE, BMY
zacks.com12 November 2024 Sentiment: POSITIVE

Investors often view insider purchases as a good sign for the long-term prospects of a stock. This is because it suggests that those with inside knowledge believe the stock will perform well in the future.

Sunshine Health Announces the Appointment of Charlene Zein as President and CEO
prnewswire.com07 November 2024 Sentiment: POSITIVE

On November 7, 2024, Sunshine Health, Florida's biggest managed care organization and part of Centene Corporation, announced that Charlene Zein has been appointed as Plan President and Chief Executive Officer, starting from November 3, 2024.

Medicare Advantage Costs Surge: How These 2 Insurers Are Thriving
marketbeat.com05 November 2024 Sentiment: NEUTRAL

Health insurance companies are facing criticism due to the increasing costs of Medicare Advantage (MA) plans. For instance, CVS Health Co. is expecting its medical benefits ratio (MBR) to reach 90.8%, largely because of the higher expenses associated with offering MA plans to older adults.

AcariaHealth Shines at the 2024 NASP Annual Meeting: Transforming Specialty Pharmacy
prnewswire.com30 October 2024 Sentiment: POSITIVE

ORLANDO, Fla., Oct. 30, 2024 /PRNewswire/ -- AcariaHealth, a top national specialty pharmacy and part of Centene Corporation (NYSE: CNC), received multiple awards at the 2024 National Association of Specialty Pharmacy (NASP) Annual Meeting, which took place in Nashville, Tennessee, from October 6 to 9.

WHAT THEY ARE SAYING: 'Significant Positive Impact to
prnewswire.com29 October 2024 Sentiment: POSITIVE

Grants help doctors carry out important programs from the Department of Healthcare Services' Equity and Practice Transformation (EPT) Directed Payment Program. On October 29, 2024, Health Net, a well-established Medi-Cal managed care health plan in California and part of Centene Corporation, announced that it has given $2 million in grants to 47 independent physician practices across the state.

Superior HealthPlan Awards $26,000 in Grants to 13 Nonprofits and Providers
prnewswire.com29 October 2024 Sentiment: POSITIVE

Funding is provided every three months to community organizations and service providers throughout Texas. On October 29, 2024, Superior HealthPlan, a major managed care organization in Texas and part of Centene Corporation, revealed the newest recipients of its grant program for communities and providers.

Centene Q3 Earnings Beat on Growth in Marketplace Business Line
zacks.com25 October 2024 Sentiment: POSITIVE

CNC's results for the third quarter show improvement due to an increase in premiums, thanks to effective product positioning. However, even with higher revenues, a drop in Medicaid membership and rising costs are affecting their profits.

Holding Pattern Continues; CNC, BAH Post Big Beats
zacks.com25 October 2024 Sentiment: NEUTRAL

We don't anticipate significant movement in the stock market until the presidential election results are announced.

Centene (CNC) Q3 Earnings and Revenues Beat Estimates
zacks.com25 October 2024 Sentiment: POSITIVE

Centene (CNC) reported quarterly earnings of $1.62 per share, which is higher than the Zacks Consensus Estimate of $1.39 per share. This is a decrease compared to earnings of $2 per share from the same period last year.

Centene Says It Is Positioned To Capture Long-Term Growth In Government-Sponsored Healthcare, Lifts Annual Outlook
benzinga.com25 October 2024 Sentiment: POSITIVE

On Friday, Centene Corporation reported third-quarter sales of $42.02 billion, which is a 10.5% increase compared to the same period last year. This figure exceeded the expected amount of $37.69 billion.

What type of business is Centene?

Centene Corporation is a large publicly traded company and a diversified managed care enterprise that acts as a major intermediary for both government-funded and privately insured healthcare programs. It is a health insurance company that specializes in managed care for uninsured, underinsured, and low-income individuals. The company provides its services through primary care and specialty physicians, hospitals, and specialized facilities. The corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

What sector is Centene in?

Centene is in the Healthcare sector

What industry is Centene in?

Centene is in the Healthcare Plans industry

What country is Centene from?

Centene is headquartered in United States

When did Centene go public?

Centene initial public offering (IPO) was on 13 December 2001

What is Centene website?

https://www.centene.com

Is Centene in the S&P 500?

Yes, Centene is included in the S&P 500 index

Is Centene in the NASDAQ 100?

No, Centene is not included in the NASDAQ 100 index

Is Centene in the Dow Jones?

No, Centene is not included in the Dow Jones index

When was Centene the previous earnings report?

No data

When does Centene earnings report?

The next expected earnings date for Centene is 06 February 2025