Centene
CNC
Market cap $32B

63.40 USD

-0.30

0.47%

At close Jan 14, 4:00 PM EST

After hours

63.40

+0.00

0.00%

1 day

-0.47%

5 days

1.85%

1 month

7.15%

3 months

-13.03%

6 months

-3.94%

Year to date

4.78%

1 year

-19.46%

5 years

0.36%

10 years

137.81%

About: Centene is a managed care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of September, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare Advantage (about 5%). The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program and has a military contract.

Employees: 67,700

Financials Hospital & Medical Service Plans

0

Funds holding %

of 6,815 funds

0

Analysts bullish %

of 11 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

13% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]

1% more capital invested

Capital invested by funds: $35.4B [Q2] → $35.8B (+$444M) [Q3]

6% less first-time investments, than exits

New positions opened: 89 | Existing positions closed: 95

2% less funds holding

Funds holding: 879 [Q2] → 861 (-18) [Q3]

9.34% less ownership

Funds ownership: 99.89% [Q2] → 90.55% (-9.34%) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 299 | Existing positions reduced: 348

28% less call options, than puts

Call options by funds: $226M | Put options by funds: $314M

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$52

18%

downside

Avg. target

$80

26%

upside

High target

$93

47%

upside

11 analyst ratings

8 positive

73%

2 neutral

18%

1 negative

9%

JP Morgan John Stansel 100% 1-year accuracy 1 / 1 met price target	18%upside $75	Overweight Assumed	17 Dec 2024
Stephens & Co. Scott Fidel 51% 1-year accuracy 21 / 41 met price target	15%upside $73	Equal-Weight Maintained	13 Dec 2024
Truist Securities Ryan MacDonald 56% 1-year accuracy 38 / 68 met price target	32%upside $84	Buy Maintained	13 Dec 2024
Barclays Andrew Mok 29% 1-year accuracy 18 / 62 met price target	47%upside $93	Overweight Maintained	13 Dec 2024
Oppenheimer Michael Wiederhorn 38% 1-year accuracy 15 / 40 met price target	34%upside $85	Outperform Maintained	13 Dec 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about CNC published over the past 30 days

'Ohana Health Plan and Hope Services Hawaii Launch Residential Program for Integrated Clinical Care

First-of-its-kind health plan and housing agency partnership in Hawaii offers transitional housing and structured support for its most vulnerable members experiencing homelessness HILO, Hawaii , Jan. 14, 2025 /PRNewswire/ -- 'Ohana Health Plan , a leading provider of government-sponsored managed care services in Hawaii and a Centene Corporation company (NYSE: CNC), in partnership with Hope Services Hawaii , Hawaii Island's largest nonprofit homeless services provider, held a grand opening and blessing for a brand-new residential program for integrated clinical care. The program addresses a critical gap in housing support for 'Ohana's highest acuity members experiencing homelessness, who also have behavioral health needs often combined with medical needs that are too complex for traditional subsidized housing.

'Ohana Health Plan and Hope Services Hawaii Launch Residential Program for Integrated Clinical Care

Zacks Investment Research

Insiders are Buying These 3 Large Cap Stocks

Investors can see insider buys as an overall net positive concerning the longer-term outlook. Recently, these three companies have seen their insiders get busy.

Insiders are Buying These 3 Large Cap Stocks

Zacks Investment Research

3 HMO Stocks Poised to Thrive Despite Industry Headwinds

The Medical-HMO industry benefits from a growing customer base and contract wins. However, industry challenges like rising costs and workforce shortages remain a concern.

3 HMO Stocks Poised to Thrive Despite Industry Headwinds

Centene Corporation Names First President over Individual Coverage Health Reimbursement Arrangements (ICHRA) Business

New leadership role reflects Centene's focus on ICHRA growth ST LOUIS , Jan. 9, 2025 /PRNewswire/ -- Centene Corporation ("Centene") [NYSE: CNC], a leading healthcare enterprise committed to helping people live healthier lives, is pleased to announce that Alan Silver has joined the organization as the President of its Ambetter Health Solutions business, which focuses on ICHRA (Individual Coverage Health Reimbursement Arrangements). This newly created role reflects Centene's belief that consumers increasingly will seek health insurance that offers transparency, customization, choice and convenience.

Centene Corporation Names First President over Individual Coverage Health Reimbursement Arrangements (ICHRA) Business

Health Net Providing Special Assistance to Members Affected by Palisades Fire and Windstorm Conditions in Los Angeles and Ventura Counties

Health Net Assisting Members During State of Emergency SACRAMENTO, Calif. , Jan. 8, 2025 /PRNewswire/ -- In response to Gov.

Health Net Providing Special Assistance to Members Affected by Palisades Fire and Windstorm Conditions in Los Angeles and Ventura Counties

MHS' Health Equity Program, MHS Serves, Launches Youth Mental Health Partnership

MHS Serves supports the advancement of programs and innovations to improve health equity efforts statewide. INDIANAPOLIS , Jan. 7, 2025 /PRNewswire/ -- MHS Serves, a health equity program from Managed Health Services (MHS), a managed care entity that has been proudly serving the state of Indiana for over 25 years and a Centene Corporation company (NYSE: CNC), announced today the next funding opportunity for community organizations focused around youth mental health.

MHS' Health Equity Program, MHS Serves, Launches Youth Mental Health Partnership

Zacks Investment Research

Compelling Reasons for Investors to Hold on to Centene Stock

CNC remains well-poised for growth on the back of an expanding customer base, improved premiums, strategic acquisitions and commendable cash reserves.

Compelling Reasons for Investors to Hold on to Centene Stock

Centene: Attractive Risk-Reward For A Growing Company At A Value Price

Centene reported strong Q3'24 results, beating revenue expectations by $4.13 billion and achieving EPS of $1.62, driven by Medicaid rate increases and membership growth. Key highlights from the quarter include successful Medicaid reprocurements, improved 2025 Medicare Advantage star ratings, and advancements in AI for operational efficiency, positioning Centene for long-term growth. Despite some leverage, Centene's investment-grade rating and attractive debt maturities suggest financial stability, with a promising outlook for EPS growth and Medicare revenue.

Centene: Attractive Risk-Reward For A Growing Company At A Value Price

Health Net Providing Special Assistance to Members Affected by Bird Flu Throughout California

Health Net Assisting Members During State of Emergency SACRAMENTO, Calif. , Dec. 18, 2024 /PRNewswire/ -- In response to Gov.

Health Net Providing Special Assistance to Members Affected by Bird Flu Throughout California

Superior HealthPlan Commemorates 25-year Anniversary by Awarding $25,000 Grant to NAMI El Paso

The funding will help address the mental health needs of local children and youth. AUSTIN, Texas , Dec. 16, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene Corporation (NYSE: CNC), announced today that National Alliance on Mental Illness (NAMI) El Paso has been awarded a $25,000 grant in recognition of Superior's 25-year anniversary celebration.

Superior HealthPlan Commemorates 25-year Anniversary by Awarding $25,000 Grant to NAMI El Paso

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