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Centene Corp

CNC.N

Latest Trade

57.56USD

Change

2.91(+5.32%)

Volume

2,181,366

Today's Range

54.30

 - 

58.16

52 Week Range

41.63

 - 

74.46

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
54.65
Open
54.64
Volume
2,181,366
3M AVG Volume
108.49
Today's High
58.16
Today's Low
54.30
52 Week High
74.46
52 Week Low
41.63
Shares Out (MIL)
413.80
Market Cap (MIL)
23,818.10
Forward P/E
13.03
Dividend (Yield %)
--

Next Event

Centene Corp Guidance and Investor Event

Latest Developments

More

Centene Corp Announces Offering To Sell $7 Bln Of Senior Notes

Appaloosa Takes Share Stake In Boeing, Dissolves In Centene

Centene's Texas Subsidiary Wins Medicaid And LTSS Contracts

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About Centene Corp

Centene Corporation is a healthcare company. The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The Company operates through two segments: Managed Care and Specialty Services. The Company's Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children's Health Insurance Program (CHIP), Long Term Care, Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD), Medicare, and Health Insurance Marketplace. Its Specialty Services segment consists of its specialty companies offering a range of healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations, as well as to its own subsidiaries.

Industry

Healthcare Facilities

Contact Info

7700 Forsyth Blvd

+1.314.7254477

https://www.centene.com/

Executive Leadership

Michael F. Neidorff

Chairman of the Board, President, Chief Executive Officer

Jeffrey A. Schwaneke

Chief Financial Officer, Executive Vice President, Treasurer

Mark J. Brooks

Executive Vice President, Chief Information Officer

Keith H. Williamson

Executive Vice President, General Counsel, Secretary

David P Thomas

Executive Vice President - Marketing

Key Stats

1.71 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

40.6K

2017

48.4K

2018

60.1K

2019(E)

74.0K
EPS (USD)

2016

2.215

2017

2.515

2018

3.540

2019(E)

4.418
Price To Earnings (TTM)
17.86
Price To Sales (TTM)
0.33
Price To Book (MRQ)
1.93
Price To Cash Flow (TTM)
12.13
Total Debt To Equity (MRQ)
57.19
LT Debt To Equity (MRQ)
56.66
Return on Investment (TTM)
6.89
Return on Equity (TTM)
4.12

Latest News

Latest News

Centene posts narrow profit beat, signals early close of WellCare deal

Centene Corp <CNC.N> said on Tuesday its deal for WellCare Health Plans <WCG.N> could close sooner than previously expected and posted a profit that edged past Street estimates, reassuring investors of strength in its core Medicaid business.

Centene says WellCare deal may close earlier in 2020

Health insurer Centene Corp <CNC.N> said on Tuesday its buyout of smaller rival WellCare Health Plans Inc <WCG.N> could be completed earlier than expected in 2020.

Health insurer Centene revenue rises 17% on higher Medicaid sales

Centene Corp reported a 17% jump in third-quarter revenue on Tuesday, helped by higher sales in its Medicaid business which sells health plans for low-income Americans.

Centene, WellCare to divest certain Medicaid plans to Anthem

Centene Corp <CNC.N> and Wellcare Health Plans Inc <WCG.N> have agreed to sell Wellcare's Missouri and Nebraska Medicaid plans for people with low income to Anthem Inc <ANTM.N>, as the companies look to close their $15.27 billion deal.

Centene signals higher costs in 2019 from Obamacare business

Centene Corp <CNC.N> beat second-quarter sales targets and raised its 2019 earnings forecast on Tuesday, but the health insurer warned of higher medical costs from its Obamacare business this year.

Centene Corp posts 65% rise in second-quarter profit

Centene Corp, which is buying smaller rival WellCare Health Plans Inc, on Tuesday reported a 65% rise in quarterly profit, helped by higher sales of its Medicaid health plans for low-income people.

Centene, WellCare win shareholder support for $15.27 billion deal

Shareholders of Centene Corp and WellCare Health Plans Inc voted in favor of a merger of the health insurers, setting the stage for the creation of a major new player in government-sponsored healthcare plans.

Centene, WellCare win shareholder support for $15.27 billion deal

Shareholders of Centene Corp and WellCare Health Plans Inc voted in favor of a merger of the two health insurers, setting the stage for the creation of a major new player in government-sponsored healthcare plans.

U.S. proxy firm ISS backs Centene's deal for WellCare

Institutional Shareholder Services has shown support for Centene Corporation's planned acquisition of smaller rival WellCare Health Plans Inc by recommending shareholders favor the deal, the health insurers said on Wednesday.

Proxy firm ISS backs Centene's deal for WellCare

Institutional Shareholder Services has recommended stockholders to vote in favor of Centene Corporation's planned acquisition of smaller rival WellCare Health Plans Inc, the health insurers said on Wednesday.

Humana says will not bid for Centene Corp

Humana Inc said on Monday it would not bid for Centene Corp, quelling speculation that it would acquire the health insurer that has already agreed to buy smaller rival WellCare Health Plans Inc for $15.27 billion.

Humana says will not bid for Centene Corp

Humana Inc said https://www.sec.gov/Archives/edgar/data/49071/000119312519163308/d754845d8k.htm on Monday it would not make a proposal to combine with Centene Corp, which in March agreed to buy WellCare Health Plans Inc for $15.27 billion. In a statement, Humana confirmed...

Exclusive: Hedge funds target Centene, may oppose WellCare deal - sources

Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.

EXCLUSIVE-Hedge funds target Centene, may oppose WellCare deal-sources

Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.

Centene Corp raises 2019 forecast, pushes forward on WellCare deal

Centene Corp on Tuesday raised its earnings and sales forecast for the year and said it had begun early discussions with regulatory authorities regarding its planned acquisition of smaller rival WellCare Health Plans.

Centene Corp quarterly revenue rises nearly 40 percent

Centene Corp on Tuesday reported a nearly 40 percent rise in quarterly revenue helped by its acquisition of Fidelis Care last year and program expansions in states like Florida and Illinois.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

U.S. Health insurer Centene to buy smaller rival WellCare for $15.3 billion

U.S. health insurer Centene Corp on Wednesday said it would buy smaller rival WellCare Health Plans Inc for $15.27 billion (11.57 billion pounds) in stock and cash, in a move to bulk up its government-backed Medicare and Medicaid businesses while reducing exposure to Obamacare...

Health insurer Centene to buy smaller rival WellCare for $15.27 bln

U.S. health insurer Centene Corp will buy smaller rival WellCare Health Plans Inc for $15.27 billion in a cash-and-stock deal.

U.S. health insurer Centene in talks to buy WellCare: sources

U.S. health insurer Centene Corp is in advanced talks to buy smaller rival WellCare Health Plans Inc, according to two people familiar with the matter, a move that would create a bigger player focused on government-backed health insurance plans.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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