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Centene Corporation (CNC)

Listed on NYSE • Healthcare / Medical - Healthcare Plans
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Overview

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

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Key Information

Symbol: CNC
CEO: Sarah M. London
Exchange: NYSE
CIK: 0001071739
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
36.84
Change
0.73
Change %
2.02%
Open
35.82
Previous Close
36.11
High
37.12
Low
35.82
Volume
8,289,950
Market Cap
18,107,523,072
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
491,518,000
FloatShares
462,764,197
Float Ratio
94.15%
Shares Short
13,675,998
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
3.19%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.26 trading days
Held Percent Insiders
0.46%
Held Percent Institutions
98.74%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-10-29
Earnings Call 2025-10-29
Avg EPS Estimate -1.1506
Low EPS Estimate -1.3017
High EPS Estimate -0.79
Revenue
Avg Revenue Forecast 48,648,521,740
Low Revenue Forecast 47,553,000,000
High Revenue Forecast 49,872,860,160

CNC Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$19,236,999,168Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio1.04The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.084The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$17,582,999,552Total liabilities, used together with cash and liquidity ratios to assess debt burden.

CNC Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$3,902,000,128EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$4,064,000,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$4,424,000,000Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin11.72%Gross margin; a higher value indicates stronger product profitability.
Operating Margin0.55%Operating margin; slightly negative, indicating high operating costs.
Profit Margin-3.16%Net profit margin, which reflects overall profitability.

CNC Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio83.51%Low leverage level, indicating the company has low debt pressure.
Total Debt$17,582,999,552Used together with cash and EBITDA to assess debt-paying ability.

CNC Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)21.50%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for CNC (Key ratios, margins, and cash flow)

Field Value Description
Current Price$36.84Latest stock trading price
Price Target (High)$70Analyst highest expected price
Price Target (Low)$28Analyst lowest expected price
Price Target (Average)$39.76Average target price across analysts
Price Target (Median)$38Median of target prices
Average Rating Score2.8Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationholdConsensus rating
Analyst Coverage Count17Number of analysts providing estimates
Cash Holdings$19,236,999,168Total cash held by the company
Cash per Share$39.14Cash value per outstanding share
Total Debt$17,582,999,552Company's total debt
Quick Ratio1.04Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.084Overall short-term liquidity
Debt/Equity Ratio83.51%Leverage ratio: Debt / Equity
EBITDA$3,902,000,128Earnings before interest, taxes, depreciation & amortization
Total Revenue$167,680,000,000Total company revenue
Revenue per Share$338.516Total revenue divided by shares outstanding
Gross Profit11.72%Revenue minus cost of goods sold
Return on Assets2.01%Net income / Total assets
Return on Equity-21.86%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)21.50%Year-over-year revenue growth
Gross Margin11.72%Gross profit / Total revenue
EBITDA Margin2.33%EBITDA / Revenue
Operating Margin0.55%Operating income / Revenue
Profit Margin-3.16%Net income / Revenue
Free Cash Flow$4,424,000,000Cash left after capital expenditures
Operating Cash Flow$4,064,000,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo