Wednesday's ETF Movers: TAN, IHF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2025
0mins
Source: NASDAQ.COM
Performance of iShares U.S. Healthcare Providers ETF: The iShares U.S. Healthcare Providers ETF is down approximately 5.3% in afternoon trading, with significant declines in its components, notably Centene and Molina Healthcare, which fell by 39.8% and 20.7%, respectively.
Market Commentary: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
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Analyst Views on CNC
Wall Street analysts forecast CNC stock price to rise
15 Analyst Rating
5 Buy
8 Hold
2 Sell
Hold
Current: 37.600
Low
32.00
Averages
43.07
High
59.00
Current: 37.600
Low
32.00
Averages
43.07
High
59.00
About CNC
Centene Corporation is a healthcare company. It provides access to quality healthcare; programs and a range of health solutions that help families and individuals get well. Its segments include Medicaid, Medicare, Commercial and Other. The Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Health Net Invests $3 Million to Support Housing and Infrastructure in Sacramento
- Housing Stability Investment: Health Net announced a $3 million investment in the Sacramento region aimed at enhancing affordable housing and infrastructure through partnerships with SACOG and Mutual Housing California, directly improving residents' quality of life and health outcomes.
- Green Infrastructure Support: Of this, $2 million will be allocated to SACOG's Green Means Go program, which seeks to reinvest in urban cores and commercial corridors, attracting new businesses and residents, thereby driving economic vitality and community development.
- Senior Housing Expansion: The $1 million investment will support the development of San Juan Apartments Phase Two, utilizing a factory-built housing model designed to provide high-quality, affordable homes for seniors, promoting their living in stable and healthy environments.
- Cross-Sector Collaboration: Health Net's investment represents not just financial support but a commitment to the powerful connection between health and housing, demonstrating how collaboration across healthcare, social services, housing, and infrastructure can strengthen community resilience.
See More
Health Net Invests $3 Million to Support Housing in Sacramento
- Infrastructure Investment: Health Net's $3 million investment in the Sacramento region includes $2 million to SACOG's Green Means Go program, aimed at supporting infrastructure for at least 50 affordable housing units, thereby enhancing community housing stability and quality of life.
- Senior Housing Expansion: The investment also allocates $1 million to Mutual Housing California for the second phase of San Juan Apartments, dedicated to providing permanent affordable housing for over 100 seniors, expected to open in May 2026, addressing the growing demand for senior housing.
- Health and Housing Connection: Health Net's Vice President Amber Kemp emphasizes that housing directly impacts health, and through partnerships with SACOG and Mutual Housing California, the goal is to build communities that support healthier living, ensuring families are safe and healthy.
- Cross-Sector Collaboration: This investment demonstrates how collaboration among healthcare, social services, housing, and infrastructure can effectively address health drivers, strengthen community resilience, and promote more equitable community development.
See More
Centene to Release Q1 2026 Financial Results and Host Conference Call
- Earnings Release Schedule: Centene Corporation will release its Q1 2026 financial results on April 28, 2026, at 6:00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss the results, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Access: Investors can join the call by dialing 1-877-883-0383 toll-free in the U.S. and Canada or +1-412-902-6506 from abroad, with the Elite Entry Number 0526805 to expedite registration, reflecting the company's efforts to enhance investor experience.
- Webcast Replay Availability: A replay of the conference call will be available on Centene's website for 12 months post-call, ensuring that investors unable to attend live can still access critical information, thereby improving information accessibility.
- Company Overview: Centene is a Fortune 500 company focused on providing high-quality, cost-effective services to government-sponsored and commercial healthcare programs, serving over 1 in 15 individuals nationwide, highlighting its significant role and influence in the healthcare sector.
See More
Centene to Release Q1 2026 Financial Results on April 28
- Earnings Release Schedule: Centene Corporation will release its Q1 2026 financial results at 6:00 a.m. ET on April 28, 2026, followed by a conference call at 8:30 a.m. ET to provide investors with a detailed review of its financial performance, enhancing transparency.
- Participation Details: Investors can join the call by dialing 1-877-883-0383 (toll-free) in the U.S. and Canada or +1-412-902-6506 (toll) from abroad, with the Elite Entry Number 0526805 to expedite registration and ensure smooth participation.
- Webcast Replay: A replay of the webcast will be available on the company's website shortly after the call, accessible for 12 months until 11:59 p.m. ET on April 27, 2027, allowing investors who missed the live event to catch up on important information.
- Digital Audio Playback: Additionally, digital audio playback will be available until 9 a.m. ET on May 5, 2026, with access via 1-855-669-9658 (toll-free in North America) or +1-412-317-0088 (toll from abroad) using access code 2041356, ensuring investors can stay updated on the latest financial information.
See More
US Stocks Fluctuate Slightly as Oil Prices Rise Impact Market
- Market Fluctuations: The S&P 500 Index rose by 0.08%, while the Dow Jones Industrial Average fell by 0.18%, and the Nasdaq 100 Index increased by 0.04%, indicating a cautious market response amid rising oil prices and geopolitical tensions.
- Oil Price Impact: Crude oil prices surged to a four-week high due to escalating tensions with Iran, leading to declines in airline and cruise line stocks, with Norwegian Cruise Line Holdings, Carnival, and Royal Caribbean all dropping over 3%.
- Economic Data: February's non-defense capital goods new orders rose by 0.6% month-over-month, surpassing the expected 0.5%, indicating an improvement in capital spending, although consumer credit growth fell short of expectations, potentially affecting consumer confidence.
- Fed Policy Expectations: The market is pricing in only a 3% chance of a 25 basis point rate hike at the Fed's April meeting, reflecting investor caution regarding future monetary policy, especially in light of rising oil prices that could drive inflation.
See More
Medicare Update Boosts Health Insurers' Stocks
- Payment Growth Expectations: The government now anticipates a 2.48% increase in Medicare payments for 2027, a significant rise from the previously projected 0.09%, which directly influences insurers' pricing strategies and profit margins, potentially leading to a reevaluation of related stocks.
- Strong Stock Reactions: Following the announcement, Alignment Healthcare's stock surged by 12.5%, Humana rose by 11%, and UnitedHealth increased by 7.8%, while Elevance and Centene saw gains of 6.7% and 4.3%, respectively, reflecting investor optimism about future profitability.
- Market Sentiment Shift: This update has shifted investor expectations for the Medicare sector, which had been bracing for a tighter environment, and the new data provides insurers with more operational breathing room, potentially fostering overall industry recovery.
- Fundamental Disparities: Despite the positive market sentiment, fundamental performance varies across the sector, with quantitative scores indicating that some companies still face challenges, prompting investors to carefully assess each company's financial health.
See More
Health Net Invests $3 Million to Support Housing and Infrastructure in Sacramento
- Housing Stability Investment: Health Net announced a $3 million investment in the Sacramento region aimed at enhancing affordable housing and infrastructure through partnerships with SACOG and Mutual Housing California, directly improving residents' quality of life and health outcomes.
- Green Infrastructure Support: Of this, $2 million will be allocated to SACOG's Green Means Go program, which seeks to reinvest in urban cores and commercial corridors, attracting new businesses and residents, thereby driving economic vitality and community development.
- Senior Housing Expansion: The $1 million investment will support the development of San Juan Apartments Phase Two, utilizing a factory-built housing model designed to provide high-quality, affordable homes for seniors, promoting their living in stable and healthy environments.
- Cross-Sector Collaboration: Health Net's investment represents not just financial support but a commitment to the powerful connection between health and housing, demonstrating how collaboration across healthcare, social services, housing, and infrastructure can strengthen community resilience.
See More
Health Net Invests $3 Million to Support Housing in Sacramento
- Infrastructure Investment: Health Net's $3 million investment in the Sacramento region includes $2 million to SACOG's Green Means Go program, aimed at supporting infrastructure for at least 50 affordable housing units, thereby enhancing community housing stability and quality of life.
- Senior Housing Expansion: The investment also allocates $1 million to Mutual Housing California for the second phase of San Juan Apartments, dedicated to providing permanent affordable housing for over 100 seniors, expected to open in May 2026, addressing the growing demand for senior housing.
- Health and Housing Connection: Health Net's Vice President Amber Kemp emphasizes that housing directly impacts health, and through partnerships with SACOG and Mutual Housing California, the goal is to build communities that support healthier living, ensuring families are safe and healthy.
- Cross-Sector Collaboration: This investment demonstrates how collaboration among healthcare, social services, housing, and infrastructure can effectively address health drivers, strengthen community resilience, and promote more equitable community development.
See More
Centene to Release Q1 2026 Financial Results and Host Conference Call
- Earnings Release Schedule: Centene Corporation will release its Q1 2026 financial results on April 28, 2026, at 6:00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss the results, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Access: Investors can join the call by dialing 1-877-883-0383 toll-free in the U.S. and Canada or +1-412-902-6506 from abroad, with the Elite Entry Number 0526805 to expedite registration, reflecting the company's efforts to enhance investor experience.
- Webcast Replay Availability: A replay of the conference call will be available on Centene's website for 12 months post-call, ensuring that investors unable to attend live can still access critical information, thereby improving information accessibility.
- Company Overview: Centene is a Fortune 500 company focused on providing high-quality, cost-effective services to government-sponsored and commercial healthcare programs, serving over 1 in 15 individuals nationwide, highlighting its significant role and influence in the healthcare sector.
See More
Centene to Release Q1 2026 Financial Results on April 28
- Earnings Release Schedule: Centene Corporation will release its Q1 2026 financial results at 6:00 a.m. ET on April 28, 2026, followed by a conference call at 8:30 a.m. ET to provide investors with a detailed review of its financial performance, enhancing transparency.
- Participation Details: Investors can join the call by dialing 1-877-883-0383 (toll-free) in the U.S. and Canada or +1-412-902-6506 (toll) from abroad, with the Elite Entry Number 0526805 to expedite registration and ensure smooth participation.
- Webcast Replay: A replay of the webcast will be available on the company's website shortly after the call, accessible for 12 months until 11:59 p.m. ET on April 27, 2027, allowing investors who missed the live event to catch up on important information.
- Digital Audio Playback: Additionally, digital audio playback will be available until 9 a.m. ET on May 5, 2026, with access via 1-855-669-9658 (toll-free in North America) or +1-412-317-0088 (toll from abroad) using access code 2041356, ensuring investors can stay updated on the latest financial information.
See More
US Stocks Fluctuate Slightly as Oil Prices Rise Impact Market
- Market Fluctuations: The S&P 500 Index rose by 0.08%, while the Dow Jones Industrial Average fell by 0.18%, and the Nasdaq 100 Index increased by 0.04%, indicating a cautious market response amid rising oil prices and geopolitical tensions.
- Oil Price Impact: Crude oil prices surged to a four-week high due to escalating tensions with Iran, leading to declines in airline and cruise line stocks, with Norwegian Cruise Line Holdings, Carnival, and Royal Caribbean all dropping over 3%.
- Economic Data: February's non-defense capital goods new orders rose by 0.6% month-over-month, surpassing the expected 0.5%, indicating an improvement in capital spending, although consumer credit growth fell short of expectations, potentially affecting consumer confidence.
- Fed Policy Expectations: The market is pricing in only a 3% chance of a 25 basis point rate hike at the Fed's April meeting, reflecting investor caution regarding future monetary policy, especially in light of rising oil prices that could drive inflation.
See More
Medicare Update Boosts Health Insurers' Stocks
- Payment Growth Expectations: The government now anticipates a 2.48% increase in Medicare payments for 2027, a significant rise from the previously projected 0.09%, which directly influences insurers' pricing strategies and profit margins, potentially leading to a reevaluation of related stocks.
- Strong Stock Reactions: Following the announcement, Alignment Healthcare's stock surged by 12.5%, Humana rose by 11%, and UnitedHealth increased by 7.8%, while Elevance and Centene saw gains of 6.7% and 4.3%, respectively, reflecting investor optimism about future profitability.
- Market Sentiment Shift: This update has shifted investor expectations for the Medicare sector, which had been bracing for a tighter environment, and the new data provides insurers with more operational breathing room, potentially fostering overall industry recovery.
- Fundamental Disparities: Despite the positive market sentiment, fundamental performance varies across the sector, with quantitative scores indicating that some companies still face challenges, prompting investors to carefully assess each company's financial health.
See More
