Centene Corp Stock Today
| CNC Stock | USD 60.20 1.10 1.86% |
Performance0 of 100
| Odds Of DistressLess than 5
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Centene Corp is trading at 60.20 as of the 21st of November 2024, a 1.86% increase since the beginning of the trading day. The stock's open price was 59.1. Centene Corp has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Centene Corp's common stock.
Business Domain Health Care Equipment & Services | IPO Date 13th of December 2001 | Category Healthcare | Classification Health Care |
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. The company has 504.86 M outstanding shares of which 14.44 M shares are currently shorted by investors with about 2.31 days to cover. More on Centene Corp
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Centene Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Rich Fisher | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Changshouhua Food Company Limited, Traphaco High Tech JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Insurance, Obamacare, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Catholic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCentene Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Centene Corp's financial leverage. It provides some insight into what part of Centene Corp's total assets is financed by creditors.
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Centene Corp (CNC) is traded on New York Stock Exchange in USA. It is located in Centene Plaza, Saint Louis, MO, United States, 63105 and employs 67,700 people. Centene Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 29.84 B. Centene Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 504.86 M outstanding shares of which 14.44 M shares are currently shorted by investors with about 2.31 days to cover.
Centene Corp has about 12.07 B in cash with 8.05 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.34.
Check Centene Corp Probability Of Bankruptcy
Ownership AllocationCentene Corp holds a total of 504.86 Million outstanding shares. The majority of Centene Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Centene Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Centene Corp. Please pay attention to any change in the institutional holdings of Centene Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Centene Corp's common stock.
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Centene Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2024-06-30 | 8.6 M | |
| Boston Partners Global Investors, Inc | 2024-06-30 | 8.2 M | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 8 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 5.8 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 5.8 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 5.5 M | |
| Swedbank Ab | 2024-09-30 | 5.4 M | |
| Legal & General Group Plc | 2024-06-30 | 5.1 M | |
| Deutsche Bank Ag | 2024-06-30 | 5 M | |
| Vanguard Group Inc | 2024-09-30 | 60.1 M | |
| Blackrock Inc | 2024-06-30 | 47.4 M |
Centene Corp Historical Income Statement
Centene Stock Against Markets
Centene Corp Corporate Directors
| Richard Gephardt | Independent Director | Profile | |
| David Steward | Independent Director | Profile | |
| Lori Robinson | Independent Director | Profile | |
| Robert Ditmore | Presiding Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centene Corp. If investors know Centene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centene Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.565 | Earnings Share 5.79 | Revenue Per Share 275.741 | Quarterly Revenue Growth 0.061 | Return On Assets 0.0351 |
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centene Corp's market value can be influenced by many factors that don't directly affect Centene Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centene Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.