Centene
About: Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of December 2024, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare (about 5%). The company also has a military contract and provides Medicare Part D pharmaceutical plans.
Employees: 60,500
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 87
2% more funds holding
Funds holding: 860 [Q4 2024] → 876 (+16) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 12 [Q4 2024] → 12 (+0) [Q1 2025]
1% less repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 322
5% less capital invested
Capital invested by funds: $29.1B [Q4 2024] → $27.7B (-$1.36B) [Q1 2025]
2.86% less ownership
Funds ownership: 95.01% [Q4 2024] → 92.15% (-2.86%) [Q1 2025]
35% less call options, than puts
Call options by funds: $183M | Put options by funds: $281M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$61
10%
upside
Avg. target
$66
20%
upside
High target
$70
27%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Morgan Stanley Ricky Goldwasser | 27%upside $70 | Overweight Initiated | 9 Jun 2025 |
Barclays Andrew Mok | 18%upside $65 | Equal-Weight Downgraded | 2 Jun 2025 |
Jefferies David Windley | 10%upside $61 | Hold Maintained | 29 Apr 2025 |
Baird Michael Ha | 25%upside $69 | Neutral Maintained | 15 Apr 2025 |
Financial journalist opinion
Based on 14 articles about CNC published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Centene (CNC) Upgraded to Buy: What Does It Mean for the Stock?
Centene (CNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Zacks Investment Research
1 day ago
Here's Why Centene (CNC) Could be Great Choice for a Bottom Fisher
Centene (CNC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Positive
Seeking Alpha
1 week ago
Centene: Strong Execution And Margin Discipline Support Potential Upside
Centene is a dominant, diversified insurer with strong positions in Medicaid, ACA, and Medicare Part D, serving nearly 29 million members. Q1 2025 results exceeded expectations, with robust revenue growth, improved margins, and management raising full-year revenue guidance. Valuation models indicate a fair value of $60 per share, offering 9% upside; downside risk is limited, and FCF assumptions are conservative.
Neutral
PRNewsWire
1 week ago
Health Net Providing Special Assistance to Members and Providers Affected by Victoria Island Levee Incident in San Joaquin County, California
SACRAMENTO, Calif. , June 2, 2025 /PRNewswire/ -- Following Gov.
Positive
Zacks Investment Research
1 week ago
Top 4 Value Stocks to Buy as Trade Tensions Still Cloud H2 Outlook
STNE, CNC, CVS and PFE stand out as top value picks amid trade tensions and a murky H2 economic outlook.
Neutral
PRNewsWire
1 week ago
Justice-Involved Individuals Reentering Society in Sacramento County Find a Place to Call Home Through a $2.6M Grant from Health Net to 'Break the Cycle'
Alongside housing, individuals receive primary care, mental health and substance use support, employment guidance and more personal services to help rebuild their lives SACRAMENTO, Calif. , June 3, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), awarded a $2.6 million grant to connect individuals exiting the criminal justice system in Sacramento County to services that support a successful reentry into the community.
Positive
Zacks Investment Research
2 weeks ago
Are Investors Undervaluing Centene (CNC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
PRNewsWire
2 weeks ago
Health Net and Centene Foundation Invest More than $7.2 Million to Increase Patient Access to Care with Expanded Fleet of Mobile Clinics in California
Preventative services, social support, health education and more to improve care access, quality and outcomes SACRAMENTO, Calif. , May 29, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a partnership investment of more than $7.2 million to expand healthcare services to underserved Californians through mobile health clinics.
Positive
Zacks Investment Research
2 weeks ago
5 Valuable Price-to-Book Stocks to Strengthen Your Portfolio
The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, CVS, PFE, STNE and PSFE are some such stocks.
Neutral
PRNewsWire
2 weeks ago
Superior HealthPlan Awards $200,000 in Grants to 20 Community-Based Organizations and Providers
The funding is made available through an annual program that addresses barriers to healthcare. AUSTIN, Texas , May 29, 2025 /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene (NYSE: CNC), has announced the latest recipients of its annual community and provider grant program.
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