57.69 USD
-3.89
6.32%
At close Apr 25, 4:00 PM EDT
After hours
57.98
+0.29
0.50%
1 day
-6.32%
5 days
-4.97%
1 month
-2.12%
3 months
-12.44%
6 months
-10.17%
Year to date
-4.66%
1 year
-23.77%
5 years
-18.54%
10 years
62.97%
 

About: Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of December 2024, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare (about 5%). The company also has a military contract and provides Medicare Part D pharmaceutical plans.

Employees: 60,500

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 12 (+3) [Q4]

11% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 123

5.62% more ownership

Funds ownership: 89.34% [Q3] → 94.96% (+5.62%) [Q4]

1% less funds holding

Funds holding: 864 [Q3] → 858 (-6) [Q4]

18% less capital invested

Capital invested by funds: $35.3B [Q3] → $29.1B (-$6.28B) [Q4]

22% less repeat investments, than reductions

Existing positions increased: 275 | Existing positions reduced: 352

41% less call options, than puts

Call options by funds: $181M | Put options by funds: $305M

Research analyst outlook

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

Low target
$64
11%
upside
Avg. target
$68
18%
upside
High target
$72
25%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Baird
Michael Ha
45% 1-year accuracy
10 / 22 met price target
20%upside
$69
Neutral
Maintained
15 Apr 2025
Jefferies
David Windley
20% 1-year accuracy
1 / 5 met price target
11%upside
$64
Hold
Upgraded
8 Apr 2025
Wells Fargo
Stephen Baxter
32% 1-year accuracy
10 / 31 met price target
25%upside
$72
Overweight
Maintained
14 Feb 2025

Financial journalist opinion

Based on 27 articles about CNC published over the past 30 days

Positive
Zacks Investment Research
17 hours ago
Centene Q1 Earnings Beat Estimates on Marketplace Business Strength
CNC's Q1 results benefit from improved premiums as a result of a strong PDP business, partly offset by elevated operating costs. It currently expects 2025 premium and service revenues within $164-$166 billion.
Centene Q1 Earnings Beat Estimates on Marketplace Business Strength
Neutral
Seeking Alpha
20 hours ago
Centene Corporation (CNC) Q1 2025 Earnings Call Transcript
Centene Corporation (NYSE:CNC ) Q1 2025 Earnings Conference Call April 25, 2025 8:30 AM ET Company Participants Jennifer Gilligan - Senior Vice President, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin - Nefron Research A.J. Rice - UBS Justin Lake - Wolfe Research Ann Hynes - Mizuho Securities Stephen Baxter - Wells Fargo David Windley - Jefferies Sarah James - Cantor Fitzgerald Andrew Mok - Barclays Lance Wilkes - Bernstein John Stansel - JPMorgan Joaquin Arriagada - Bank of America George Hill - Deutsche Bank Ryan Langston - TD Cowen Michael Ha - Baird Operator Good day and welcome to the Centene Corporation First Quarter 2025 Conference Call.
Centene Corporation (CNC) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
21 hours ago
Centene (CNC) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Centene (CNC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Centene (CNC) Reports Q1 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
23 hours ago
Centene (CNC) Beats Q1 Earnings and Revenue Estimates
Centene (CNC) came out with quarterly earnings of $2.90 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.26 per share a year ago.
Centene (CNC) Beats Q1 Earnings and Revenue Estimates
Positive
Reuters
1 day ago
Insurer Centene beats first-quarter profit estimates on strength in commercial plans
Centene beat Wall Street estimates for first-quarter profit on Friday, helped by strength in its commercial health insurance plans.
Insurer Centene beats first-quarter profit estimates on strength in commercial plans
Neutral
PRNewsWire
1 day ago
CENTENE CORPORATION REPORTS FIRST QUARTER 2025 RESULTS
-- Diluted EPS of $2.63; Adjusted Diluted EPS of $2.90 -- First quarter 2025 adjusted diluted EPS of $2.90, up 28% from $2.26 in the first quarter of 2024. 17% year-over-year premium and service revenue growth.
CENTENE CORPORATION REPORTS FIRST QUARTER 2025 RESULTS
Neutral
PRNewsWire
1 day ago
Health Net, Dignity Health and Vivant Health Partner to Improve Patient Care in Sacramento Hospitals
The collaborative efforts have helped reshape the patient care experience for Medi-Cal members throughout Sacramento County hospitals SACRAMENTO, Calif. , April 24, 2025 /PRNewswire/ -- A groundbreaking collaboration between Health Net (a Centene Corporation company), Dignity Health (a CommonSpirit Health member) and Vivant Health has avoided unnecessary hospital days and significantly increased the number of crucial follow-up appointments, leading to a substantial enhancement in care coordination for Health Net's higher-risk Medi-Cal members.
Health Net, Dignity Health and Vivant Health Partner to Improve Patient Care in Sacramento Hospitals
Positive
Zacks Investment Research
2 days ago
Can Centene Beat Q1 Earnings Estimates on Growing Premiums?
CNC's first-quarter results are likely to benefit from higher commercial marketplace memberships.
Can Centene Beat Q1 Earnings Estimates on Growing Premiums?
Neutral
PRNewsWire
3 days ago
MLK Community Medical Group Adds Two Primary Care Doctors, One OB/GYN and Three Other Clinical Staff Thanks to $3.5 Million Grant from Health Net
Funds help address shortage of doctors and other clinical staff to deliver Angelenos vital healthcare services for the next three years SACRAMENTO, Calif. , April 22, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), today announced a $3.5 million grant to MLK Community Medical Group to help sustain and expand vital healthcare services in Los Angeles by supporting the hiring of key clinicians, including those providing perinatal and behavioral health care.
MLK Community Medical Group Adds Two Primary Care Doctors, One OB/GYN and Three Other Clinical Staff Thanks to $3.5 Million Grant from Health Net
Neutral
Zacks Investment Research
3 days ago
Exploring Analyst Estimates for Centene (CNC) Q1 Earnings, Beyond Revenue and EPS
Get a deeper insight into the potential performance of Centene (CNC) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Exploring Analyst Estimates for Centene (CNC) Q1 Earnings, Beyond Revenue and EPS
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