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CNC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
61.975
Open
61.145
VWAP
61.12
Vol
11.85M
Mkt Cap
30.13B
Low
60.365
Amount
724.02M
EV/EBITDA(TTM)
17.32
Total Shares
493.80M
EV
22.86B
EV/OCF(TTM)
2.88
P/S(TTM)
0.15
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.
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Events Timeline

(ET)
2026-06-15
16:30:00
Major U.S. Indices Surge on U.S.-Iran Peace Agreement
select
2026-06-15
14:00:00
Centene Offers Buyouts to Employees to Cut Costs
select

News

PRnewswire
8.5
06-18PRnewswire
PinnedMorris Village Development Enhances Housing Stability
  • Funding Support: Health Net awarded a $4 million grant to Self-Help Enterprises for the development of a 45-unit affordable housing project in Modesto, California, aimed at addressing housing instability faced by families and improving residents' health and quality of life.
  • Project Impact: The initiative will provide affordable housing for residents earning below the area's median income, with construction expected to begin in Q4 2026 and completion by spring 2028, marking a long-term commitment to community health and stability.
  • Community Collaboration: Self-Help Enterprises plans to partner with service providers and community organizations to ensure future residents have access to necessary care and support services, further enhancing overall well-being and quality of life for residents.
  • Long-term Commitment: Since 2020, Health Net has committed $93 million to housing and homelessness initiatives across California, with the Morris Village project representing a continuation of its efforts to provide long-term stability and improved health outcomes for the most vulnerable communities.
PRnewswire
8.5
06-19PRnewswire
Health Net Grants $4 Million for Housing Project in Modesto
  • Funding Announcement: Health Net has announced a $4 million grant to Self-Help Enterprises to support the Morris Village project, which will build 45 affordable housing units in Modesto, California, aimed at assisting residents facing housing instability and improving their overall health and quality of life.
  • Community Impact: The project will provide housing for families earning below the area median income, expected to significantly enhance health and stability in the Modesto community, reflecting Health Net's commitment to addressing the root causes of health issues and promoting long-term well-being for residents.
  • Construction Timeline: Self-Help Enterprises plans to begin construction in Q4 2026 and complete the project by spring 2028, providing much-needed housing for local residents and contributing to community recovery and development.
  • Long-term Investment Commitment: Since 2020, Health Net has invested $93 million in housing and homelessness assistance initiatives across California, with Morris Village being part of this ongoing commitment to improve health outcomes in communities by providing stable housing.
Newsfilter
8.5
06-18Newsfilter
Health Net Awards $4 Million Grant for Affordable Housing Development
  • Housing Stability Enhancement: Health Net has announced a $4 million grant to Self-Help Enterprises for the Morris Village project in Modesto, California, which plans to build 45 affordable housing units aimed at providing long-term housing solutions for families facing instability, thereby improving residents' health and well-being.
  • Project Funding Support: This investment will help Self-Help Enterprises close the funding gap for the project, with construction expected to begin in Q4 2026 and completion anticipated in spring 2028, marking a proactive response to the urgent housing needs in Stanislaus County.
  • Health and Community Development: Health Net's investment not only addresses housing issues but also aims to improve residents' physical and mental health by providing a stable living environment, promoting overall community resilience and development, reflecting the company's commitment to social responsibility.
  • Long-term Commitment: Since 2020, Health Net has committed $93 million to housing and homelessness initiatives in California, with the Morris Village project being part of its ongoing efforts to provide long-term stability and improved health outcomes for the most vulnerable communities.
PRnewswire
8.5
06-16PRnewswire
Indiana Launches Grant Program for Nonprofits Supporting Medicaid Workforce Development
  • Grant Program Launch: Managed Health Services (MHS) has initiated the MHS Serves Workforce Support Program to provide funding for nonprofit organizations that assist Medicaid members in overcoming employment barriers, with applications open until June 19, 2026.
  • Funding Structure: The program will allocate funds through two tiers designed to support both direct workforce services and broader regional coordination, requiring selected partners to serve a minimum number of participants annually and report on outcomes such as employment placement and credential completion.
  • Addressing Employment Barriers: MHS's initiative aims to tackle multiple employment barriers faced by Medicaid members in Indiana, including transportation, childcare, education gaps, and limited professional networks, thereby aiding their career advancement and economic stability.
  • Policy Context: This program aligns with new Medicaid eligibility changes requiring certain adults to meet work or community engagement standards, with MHS collaborating closely with state and county partners to provide timely guidance to members and providers as these policies are implemented.
Newsfilter
8.5
06-16Newsfilter
Indiana Launches MHS Workforce Support Program for Medicaid Members
  • Funding Initiative: The MHS Workforce Support Program offers funding to nonprofit organizations in Indiana aimed at helping Medicaid members overcome employment barriers, with applications open until June 19, 2026, which is expected to significantly enhance participant employment rates and economic stability.
  • Grant Tiers: The program features two tiers of funding, with Tier 1 grants ranging from $50,000 to $150,000 focused on direct employment services, while Tier 2 grants from $300,000 to $500,000 aim to coordinate workforce partners at a regional level, strengthening workforce systems across multiple counties.
  • Social Impact: The implementation of the MHS program will assist many Medicaid members facing barriers such as transportation, education, and internet access, likely improving their employment opportunities and promoting long-term health and economic stability.
  • Project Expansion: This initiative builds on the success of the 2023 MHS Serves project, which has served 40 organizations across 21 counties, created 665 internet access points, and reached over 10,000 people, demonstrating the effectiveness of community-led solutions.
Newsfilter
7.5
06-15Newsfilter
Centene Offers Employee Buyouts Amid Membership Losses
  • Employee Buyout Program: Centene announced it will offer buyouts to employees in response to significant losses from declining Obamacare membership over the past year, aiming to support those considering a transition.
  • Revenue Decline: According to the company's 10-Q filing, Centene's revenue in its commercial business fell by 6% in the first quarter of this year, primarily due to weakening enrollment in its Obamacare plans, indicating a softening market demand.
  • Membership Reduction: As of the end of the first quarter, Centene had approximately 26.3 million health plan members, a 6% decrease year-over-year, reflecting that many Americans are dropping off Obamacare plans as pandemic-related subsidies expire.
  • Rising Medical Costs: CEO Sarah London noted that the decrease in Obamacare membership has resulted in a sicker patient mix, which has raised medical costs, further intensifying the company's financial pressures.
Wall Street analysts forecast CNC stock price to rise
15 Analyst Rating
Wall Street analysts forecast CNC stock price to rise
5 Buy
8 Hold
2 Sell
Hold
Current: 0.000
sliders
Low
32.00
Averages
43.07
High
59.00
Current: 0.000
sliders
Low
32.00
Averages
43.07
High
59.00
Barclays
Andrew Mok
Overweight
maintain
$75
AI Analysis
2026-06-16
New
Reason
Barclays
Andrew Mok
Price Target
$75
AI Analysis
2026-06-16
New
maintain
Overweight
Reason
Barclays analyst Andrew Mok does not believe Centene's voluntary buyouts to staff are driven by negative Wakely data. However, it remains unclear whether the current announcement reflects previously planned cost actions or incremental reductions, the analyst tells investors in a research note. Barclays keeps an Overweight rating on Centene shares with a $75 price target.
BofA
Buy
maintain
$72 -> $74
2026-06-04
Reason
BofA
Price Target
$72 -> $74
2026-06-04
maintain
Buy
Reason
BofA raised the firm's price target on Centene to $74 from $72 and keeps a Buy rating on the shares. Data points continue to trickle in pointing to cost trend remaining muted in Q2, says the analyst, who adds that it is "becoming more and more difficult to believe that the strong Q1 was purely a function of weak flu and storm disruption." The firm, which is "getting more bullish on MCOs," is raising price targets for several of its covered managed care organizations and upgraded UnitedHealth (UNH) to Buy.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CNC
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Valuation Metrics

The current forward P/E ratio for Centene Corp (CNC.N) is 17.54, compared to its 5-year average forward P/E of 12.37. For a more detailed relative valuation and DCF analysis to assess Centene Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.37
Current PE
17.54
Overvalued PE
15.20
Undervalued PE
9.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.77
Current EV/EBITDA
2.12
Overvalued EV/EBITDA
13.97
Undervalued EV/EBITDA
3.56

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.24
Current PS
0.16
Overvalued PS
0.33
Undervalued PS
0.15

Financials

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Whales Holding CNC

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Lyrical Asset Management LP
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+17.28%
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Frequently Asked Questions

What is Centene Corp (CNC) stock price today?

The current price of CNC is 61.02 USD — it has increased 0.63

What is Centene Corp (CNC)'s business?

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.

What is the price predicton of CNC Stock?

Wall Street analysts forecast CNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNC is43.07 USD with a low forecast of 32.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Centene Corp (CNC)'s revenue for the last quarter?

Centene Corp revenue for the last quarter amounts to 49.94B USD, increased 7.13

What is Centene Corp (CNC)'s earnings per share (EPS) for the last quarter?

Centene Corp. EPS for the last quarter amounts to 3.11 USD, increased 18.25

How many employees does Centene Corp (CNC). have?

Centene Corp (CNC) has 61100 emplpoyees as of June 21 2026.

What is Centene Corp (CNC) market cap?

Today CNC has the market capitalization of 30.13B USD.