Symbols / CNC $35.17 +1.18%
CNC Chart
About
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
Fundamentals
Scroll to Statements| Sector | Healthcare | Industry | Healthcare Plans | Market Cap | 17.30B |
| Enterprise Value | 15.04B | Income | -6.67B | Sales | 176.15B |
| Book/sh | 40.58 | Cash/sh | 41.32 | Dividend Yield | — |
| Payout | 0.00% | Employees | 61100 | IPO | — |
| P/E | — | Forward P/E | 8.59 | PEG | — |
| P/S | 0.10 | P/B | 0.87 | P/C | — |
| EV/EBITDA | 5.87 | EV/Sales | 0.09 | Quick Ratio | 1.04 |
| Current Ratio | 1.10 | Debt/Eq | 90.56 | LT Debt/Eq | — |
| EPS (ttm) | -13.53 | EPS next Y | 4.09 | EPS Growth | — |
| Revenue Growth | 23.20% | Earnings | 2026-04-28 | ROA | 1.01% |
| ROE | -28.68% | ROIC | — | Gross Margin | 10.47% |
| Oper. Margin | -1.88% | Profit Margin | -3.79% | Shs Outstand | 491.77M |
| Shs Float | 458.98M | Short Float | 2.96% | Short Ratio | 1.86 |
| Short Interest | — | 52W High | 66.03 | 52W Low | 25.08 |
| Beta | 0.46 | Avg Volume | 6.29M | Volume | 621.67K |
| Target Price | $43.41 | Recom | Hold | Prev Close | $34.76 |
| Price | $35.17 | Change | 1.18% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-11 | main | Mizuho | Neutral → Neutral | $41 |
| 2026-03-04 | main | Morgan Stanley | Equal-Weight → Equal-Weight | $45 |
| 2026-02-18 | main | Wells Fargo | Equal-Weight → Equal-Weight | $44 |
| 2026-02-09 | reit | Cantor Fitzgerald | Neutral → Neutral | $41 |
| 2026-01-07 | main | Wells Fargo | Equal-Weight → Equal-Weight | $43 |
| 2026-01-05 | up | Barclays | Equal-Weight → Overweight | $54 |
| 2025-11-21 | main | Bernstein | Outperform → Outperform | $45 |
| 2025-11-12 | main | Wells Fargo | Equal-Weight → Equal-Weight | $35 |
| 2025-11-04 | main | JP Morgan | Neutral → Neutral | $38 |
| 2025-11-04 | main | Barclays | Equal-Weight → Equal-Weight | $44 |
| 2025-10-31 | main | TD Cowen | Hold → Hold | $34 |
| 2025-10-31 | main | Goldman Sachs | Sell → Sell | $38 |
| 2025-10-30 | main | UBS | Neutral → Neutral | $42 |
| 2025-10-30 | main | Cantor Fitzgerald | Neutral → Neutral | $41 |
| 2025-10-30 | reit | Truist Securities | Buy → Buy | $45 |
| 2025-10-14 | main | Morgan Stanley | Equal-Weight → Equal-Weight | $38 |
| 2025-10-14 | init | Goldman Sachs | — → Sell | $33 |
| 2025-10-09 | main | Mizuho | Neutral → Neutral | $40 |
| 2025-10-07 | main | Wells Fargo | Equal-Weight → Equal-Weight | $41 |
| 2025-09-12 | main | Truist Securities | Buy → Buy | $39 |
News
RSS: Latest CNC news- What's Happening With Centene Stock? - Forbes Wed, 11 Mar 2026 12
- CNC Stock Falls -21% In A 5-day Losing Spree On ACA Headwinds - Trefis Sat, 14 Mar 2026 13
- Numerai GP LLC Buys 51,625 Shares of Centene Corporation $CNC - MarketBeat ue, 17 Mar 2026 13
- $CNC stock is down 12% today. Here's what we see in our data. - Quiver Quantitative ue, 10 Mar 2026 14
- Centene drops as CEO cites Obamacare headwinds (CNC:NYSE) - Seeking Alpha ue, 10 Mar 2026 15
- Obamacare enrollment is plunging as costs soar, pushing down stocks like Centene - MarketWatch ue, 10 Mar 2026 18
- Is Centene (CNC) Rebalancing for Stability or Signaling Strain in Its Core Health Plan Model? - simplywall.st Sat, 14 Mar 2026 12
- (CNC) Movement Within Algorithmic Entry Frameworks - Stock Traders Daily Mon, 16 Mar 2026 10
- 3 Reasons CNC is Risky and 1 Stock to Buy Instead - Yahoo Finance Wed, 04 Mar 2026 08
- CNC Stock Falls -21% In A 5-day Losing Spree On ACA Headwinds - Trefis Mon, 16 Mar 2026 10
- Mountain Lake Investment Management LLC Makes New Investment in Centene Corporation $CNC - MarketBeat ue, 17 Mar 2026 11
- Centene: Don't Buy The Dip (NYSE:CNC) - Seeking Alpha hu, 12 Mar 2026 12
- Gotham Asset Management LLC Increases Holdings in Centene Corporation $CNC - MarketBeat ue, 17 Mar 2026 09
- Ameriprise Financial Inc. Buys 1,881,041 Shares of Centene Corporation $CNC - MarketBeat ue, 17 Mar 2026 07
- Centene Plummets 16% as ACA Margin Pressures Overshadow Debt Reduction - Trefis Wed, 11 Mar 2026 10
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 173573 | — | — | Stock Award(Grant) at price 0.00 per share. | ASHER ANDREW LYNN | Chief Financial Officer | — | 2026-01-26 00:00:00 | D |
| 1 | 173573 | — | — | Stock Award(Grant) at price 0.00 per share. | ASHER ANDREW LYNN | Chief Financial Officer | — | 2026-01-26 00:00:00 | D |
| 2 | 126925 | — | — | Stock Award(Grant) at price 0.00 per share. | KOSTER CHRISTOPHER A. | General Counsel | — | 2026-01-26 00:00:00 | D |
| 3 | 126925 | — | — | Stock Award(Grant) at price 0.00 per share. | KOSTER CHRISTOPHER A. | General Counsel | — | 2026-01-26 00:00:00 | D |
| 4 | 520720 | — | — | Stock Award(Grant) at price 0.00 per share. | LONDON SARAH M. | Chief Executive Officer | — | 2026-01-26 00:00:00 | D |
| 5 | 520720 | — | — | Stock Award(Grant) at price 0.00 per share. | LONDON SARAH M. | Chief Executive Officer | — | 2026-01-26 00:00:00 | D |
| 6 | 26036 | — | — | Stock Award(Grant) at price 0.00 per share. | CASSO KATIE | Officer | — | 2026-01-26 00:00:00 | D |
| 7 | 26036 | — | — | Stock Award(Grant) at price 0.00 per share. | CASSO KATIE | Officer | — | 2026-01-26 00:00:00 | D |
| 8 | 112823 | — | — | Stock Award(Grant) at price 0.00 per share. | SMITH SUSAN RAYE | Chief Operating Officer | — | 2026-01-26 00:00:00 | D |
| 9 | 112823 | — | — | Stock Award(Grant) at price 0.00 per share. | SMITH SUSAN RAYE | Chief Operating Officer | — | 2026-01-26 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -43.50M | 400.63M | 216.00M | -390.48M |
| TaxRateForCalcs | 0.01 | 0.23 | 0.25 | 0.39 |
| NormalizedEBITDA | 963.00M | 4.43B | 4.75B | 5.07B |
| TotalUnusualItems | -5.74B | 1.77B | 864.00M | -1.01B |
| TotalUnusualItemsExcludingGoodwill | -5.74B | 1.77B | 864.00M | -1.01B |
| NetIncomeFromContinuingOperationNetMinorityInterest | -6.67B | 3.31B | 2.70B | 1.20B |
| ReconciledDepreciation | 1.27B | 1.24B | 1.29B | 1.43B |
| ReconciledCostOfRevenue | 180.91B | 146.24B | 136.68B | 127.89B |
| EBITDA | -4.78B | 6.20B | 5.62B | 4.06B |
| EBIT | -6.05B | 4.96B | 4.32B | 2.63B |
| NetInterestIncome | -678.00M | -702.00M | -725.00M | -665.00M |
| InterestExpense | 678.00M | 702.00M | 725.00M | 665.00M |
| NormalizedIncome | -979.50M | 1.93B | 2.05B | 1.82B |
| NetIncomeFromContinuingAndDiscontinuedOperation | -6.67B | 3.31B | 2.70B | 1.20B |
| TotalExpenses | 195.09B | 159.88B | 150.54B | 140.91B |
| TotalOperatingIncomeAsReported | -7.62B | 3.17B | 2.93B | 1.32B |
| DilutedAverageShares | 493.12M | 523.74M | 545.70M | 582.04M |
| BasicAverageShares | 493.12M | 521.79M | 543.32M | 575.19M |
| DilutedEPS | -13.53 | 6.31 | 4.95 | 2.07 |
| BasicEPS | -13.53 | 6.33 | 4.97 | 2.09 |
| DilutedNIAvailtoComStockholders | -6.67B | 3.31B | 2.70B | 1.20B |
| NetIncomeCommonStockholders | -6.67B | 3.31B | 2.70B | 1.20B |
| NetIncome | -6.67B | 3.31B | 2.70B | 1.20B |
| MinorityInterests | 3.00M | 11.00M | 3.00M | 0.00 |
| NetIncomeIncludingNoncontrollingInterests | -6.68B | 3.29B | 2.70B | 1.20B |
| NetIncomeContinuousOperations | -6.68B | 3.29B | 2.70B | 1.20B |
| TaxProvision | -51.00M | 963.00M | 899.00M | 760.00M |
| PretaxIncome | -6.73B | 4.26B | 3.60B | 1.96B |
| OtherIncomeExpense | -5.74B | 1.77B | 864.00M | -1.01B |
| SpecialIncomeCharges | -7.31B | -13.00M | -529.00M | -2.29B |
| OtherSpecialCharges | -1.00M | -30.00M | 1.38B | |
| WriteOff | 20.00M | 13.00M | 529.00M | 2.32B |
| ImpairmentOfCapitalAssets | 7.29B | |||
| GainOnSaleOfSecurity | 1.57B | 1.78B | 1.39B | 1.28B |
| NetNonOperatingInterestIncomeExpense | -678.00M | -702.00M | -725.00M | -665.00M |
| InterestExpenseNonOperating | 678.00M | 702.00M | 725.00M | 665.00M |
| OperatingIncome | -312.00M | 3.19B | 3.46B | 3.64B |
| OperatingExpense | 14.18B | 13.64B | 13.86B | 13.02B |
| DepreciationAmortizationDepletionIncomeStatement | 1.27B | 1.24B | 1.29B | 1.43B |
| DepreciationAndAmortizationInIncomeStatement | 1.27B | 1.24B | 1.29B | 1.43B |
| Amortization | 685.00M | 692.00M | 718.00M | 817.00M |
| AmortizationOfIntangiblesIncomeStatement | 685.00M | 692.00M | 718.00M | 817.00M |
| DepreciationIncomeStatement | 590.00M | 549.00M | 575.00M | 614.00M |
| SellingGeneralAndAdministration | 12.90B | 12.40B | 12.56B | 11.59B |
| GeneralAndAdministrativeExpense | 10.17B | |||
| OtherGandA | 10.17B | |||
| InsuranceAndClaims | 0.00 | |||
| GrossProfit | 13.87B | 16.83B | 17.32B | 16.66B |
| CostOfRevenue | 180.91B | 146.24B | 136.68B | 127.89B |
| TotalRevenue | 194.78B | 163.07B | 154.00B | 144.55B |
| ExciseTaxes | -20.20B | -17.57B | -13.90B | -9.07B |
| OperatingRevenue | 174.58B | 145.50B | 140.09B | 135.48B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 131.71M | 124.29M | 80.81M | 57.09M |
| OrdinarySharesNumber | 491.76M | 495.91M | 534.48M | 550.75M |
| ShareIssued | 623.46M | 620.20M | 615.29M | 607.85M |
| NetDebt | 4.47B | 636.00M | 5.95B | 5.72B |
| TotalDebt | 18.16B | 19.43B | 18.88B | 21.33B |
| TangibleBookValue | 4.59B | 3.44B | 2.18B | -1.67B |
| InvestedCapital | 37.35B | 44.94B | 43.67B | 42.08B |
| WorkingCapital | 3.67B | 3.74B | 4.04B | 1.66B |
| NetTangibleAssets | 4.59B | 3.44B | 2.18B | -1.67B |
| CapitalLeaseObligations | 761.00M | 896.00M | 1.05B | 3.31B |
| CommonStockEquity | 19.95B | 26.41B | 25.84B | 24.06B |
| TotalCapitalization | 37.30B | 44.83B | 43.55B | 41.99B |
| TotalEquityGrossMinorityInterest | 20.06B | 26.51B | 25.96B | 24.24B |
| MinorityInterest | 103.00M | 100.00M | 116.00M | 180.00M |
| StockholdersEquity | 19.95B | 26.41B | 25.84B | 24.06B |
| GainsLossesNotAffectingRetainedEarnings | -58.00M | -504.00M | -652.00M | -1.13B |
| OtherEquityAdjustments | -58.00M | -504.00M | -652.00M | -1.13B |
| TreasuryStock | 9.44B | 9.00B | 5.86B | 4.21B |
| RetainedEarnings | 8.67B | 15.35B | 12.04B | 9.34B |
| AdditionalPaidInCapital | 20.78B | 20.56B | 20.30B | 20.06B |
| CapitalStock | 1.00M | 1.00M | 1.00M | 1.00M |
| CommonStock | 1.00M | 1.00M | 1.00M | 1.00M |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 56.69B | 55.94B | 58.69B | 52.63B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 20.00B | 21.67B | 21.97B | 24.17B |
| OtherNonCurrentLiabilities | 1.20B | 1.83B | 2.74B | 2.48B |
| PreferredSecuritiesOutsideStockEquity | 82.00M | |||
| NonCurrentDeferredLiabilities | 833.00M | 684.00M | 641.00M | 615.00M |
| NonCurrentDeferredTaxesLiabilities | 833.00M | 684.00M | 641.00M | 615.00M |
| LongTermDebtAndCapitalLeaseObligation | 17.97B | 19.16B | 18.59B | 21.07B |
| LongTermCapitalLeaseObligation | 615.00M | 738.00M | 880.00M | 3.13B |
| LongTermDebt | 17.35B | 18.42B | 17.71B | 17.94B |
| CurrentLiabilities | 36.70B | 34.26B | 36.72B | 28.46B |
| OtherCurrentLiabilities | 20.54B | 18.31B | 18.00B | 16.75B |
| CurrentDeferredLiabilities | 736.00M | 661.00M | 715.00M | 478.00M |
| CurrentDeferredRevenue | 736.00M | 661.00M | 715.00M | 478.00M |
| CurrentDebtAndCapitalLeaseObligation | 196.00M | 268.00M | 287.00M | 262.00M |
| CurrentCapitalLeaseObligation | 146.00M | 158.00M | 168.00M | 180.00M |
| CurrentDebt | 50.00M | 110.00M | 119.00M | 82.00M |
| OtherCurrentBorrowings | 50.00M | 110.00M | 119.00M | 82.00M |
| PayablesAndAccruedExpenses | 15.22B | 15.02B | 17.71B | 10.98B |
| Payables | 15.22B | 15.02B | 17.71B | 10.98B |
| OtherPayable | 1.59B | 2.01B | 1.46B | 1.63B |
| AccountsPayable | 13.63B | 13.02B | 16.25B | 9.35B |
| TotalAssets | 76.75B | 82.44B | 84.64B | 76.87B |
| TotalNonCurrentAssets | 36.38B | 44.45B | 43.88B | 46.74B |
| OtherNonCurrentAssets | 1.62B | 1.62B | 1.52B | 1.35B |
| InvestmentsAndAdvances | 17.04B | 17.43B | 16.29B | 14.68B |
| GoodwillAndOtherIntangibleAssets | 15.37B | 22.97B | 23.66B | 25.72B |
| OtherIntangibleAssets | 4.53B | 5.41B | 6.10B | 6.91B |
| Goodwill | 10.84B | 17.56B | 17.56B | 18.81B |
| NetPPE | 2.35B | 2.43B | 2.42B | 4.99B |
| AccumulatedDepreciation | -2.23B | -2.80B | -2.40B | -2.07B |
| GrossPPE | 4.59B | 5.23B | 4.82B | 7.05B |
| Leases | 277.00M | 273.00M | 252.00M | 467.00M |
| OtherProperties | 317.00M | 359.00M | 396.00M | 2.55B |
| MachineryFurnitureEquipment | 3.35B | 3.92B | 3.48B | 3.19B |
| BuildingsAndImprovements | 492.00M | 523.00M | 534.00M | 659.00M |
| LandAndImprovements | 145.00M | 156.00M | 156.00M | 178.00M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 40.37B | 38.00B | 40.76B | 30.13B |
| OtherCurrentAssets | 1.95B | 1.60B | 5.57B | 2.46B |
| Receivables | 18.11B | 19.71B | 15.53B | 13.27B |
| AccountsReceivable | 18.11B | 19.71B | 15.53B | 13.27B |
| AllowanceForDoubtfulAccountsReceivable | -134.00M | -111.00M | -120.00M | -130.00M |
| GrossAccountsReceivable | 18.24B | 19.82B | 15.65B | 13.40B |
| CashCashEquivalentsAndShortTermInvestments | 20.32B | 16.68B | 19.65B | 14.39B |
| OtherShortTermInvestments | 2.43B | 2.62B | 2.46B | 2.32B |
| CashAndCashEquivalents | 17.89B | 14.06B | 17.19B | 12.07B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 4.32B | -490.00M | 7.25B | 5.26B |
| RepurchaseOfCapitalStock | -475.00M | -3.12B | -1.63B | -3.10B |
| RepaymentOfDebt | -1.90B | -622.00M | -2.32B | -1.50B |
| IssuanceOfDebt | 750.00M | 1.30B | 2.33B | 360.00M |
| IssuanceOfCapitalStock | 37.00M | 46.00M | 44.00M | 70.00M |
| CapitalExpenditure | -767.00M | -644.00M | -799.00M | -1.00B |
| InterestPaidSupplementalData | 647.00M | 688.00M | 688.00M | 657.00M |
| IncomeTaxPaidSupplementalData | 448.00M | 1.00B | 887.00M | 1.20B |
| EndCashPosition | 17.96B | 14.16B | 17.45B | 12.33B |
| OtherCashAdjustmentOutsideChangeinCash | -138.00M | 0.00 | -50.00M | -16.00M |
| BeginningCashPosition | 14.16B | 17.45B | 12.33B | 13.21B |
| EffectOfExchangeRateChanges | 0.00 | 8.00M | -32.00M | -11.00M |
| ChangesInCash | 3.94B | -3.30B | 5.20B | -857.00M |
| FinancingCashFlow | -1.62B | -2.41B | -1.66B | -4.20B |
| CashFlowFromContinuingFinancingActivities | -1.62B | -2.41B | -1.66B | -4.20B |
| NetOtherFinancingCharges | -38.00M | -6.00M | -88.00M | -27.00M |
| NetCommonStockIssuance | -438.00M | -3.08B | -1.59B | -3.03B |
| CommonStockPayments | -475.00M | -3.12B | -1.63B | -3.10B |
| CommonStockIssuance | 37.00M | 46.00M | 44.00M | 70.00M |
| NetIssuancePaymentsOfDebt | -1.15B | 678.00M | 19.00M | -1.14B |
| NetLongTermDebtIssuance | -1.15B | 678.00M | 19.00M | -1.14B |
| LongTermDebtPayments | -1.90B | -622.00M | -2.32B | -1.50B |
| LongTermDebtIssuance | 750.00M | 1.30B | 2.33B | 360.00M |
| InvestingCashFlow | 472.00M | -1.05B | -1.19B | -2.92B |
| CashFlowFromContinuingInvestingActivities | 472.00M | -1.05B | -1.19B | -2.92B |
| NetOtherInvestingChanges | 19.00M | |||
| NetInvestmentPurchaseAndSale | 1.24B | -1.40B | -1.10B | -2.93B |
| SaleOfInvestment | 5.78B | 5.79B | 5.52B | 3.80B |
| PurchaseOfInvestment | -4.54B | -7.18B | -6.62B | -6.74B |
| NetBusinessPurchaseAndSale | 0.00 | 990.00M | 707.00M | 1.02B |
| SaleOfBusiness | 0.00 | 990.00M | 707.00M | 2.48B |
| PurchaseOfBusiness | 0.00 | 0.00 | -1.46B | -534.00M |
| CapitalExpenditureReported | -767.00M | -644.00M | -799.00M | -1.00B |
| OperatingCashFlow | 5.09B | 154.00M | 8.05B | 6.26B |
| CashFlowFromContinuingOperatingActivities | 5.09B | 154.00M | 8.05B | 6.26B |
| ChangeInWorkingCapital | 3.04B | -4.50B | 3.55B | 2.32B |
| ChangeInOtherWorkingCapital | 155.00M | 18.00M | 406.00M | 156.00M |
| ChangeInOtherCurrentLiabilities | 2.29B | 298.00M | 2.12B | 3.24B |
| ChangeInOtherCurrentAssets | -230.00M | 46.00M | 5.00M | 128.00M |
| ChangeInPayablesAndAccruedExpense | -657.00M | -528.00M | 3.40B | 421.00M |
| ChangeInReceivables | 1.48B | -4.33B | -2.38B | -1.63B |
| ChangesInAccountReceivables | 1.48B | -4.33B | -2.38B | -1.63B |
| OtherNonCashItems | 16.00M | 172.00M | -33.00M | -332.00M |
| StockBasedCompensation | 204.00M | 212.00M | 216.00M | 234.00M |
| AssetImpairmentCharge | 7.31B | 13.00M | 529.00M | 2.32B |
| DeferredTax | -60.00M | 13.00M | -78.00M | -631.00M |
| DeferredIncomeTax | -60.00M | 13.00M | -78.00M | -631.00M |
| DepreciationAmortizationDepletion | 1.27B | 1.24B | 1.29B | 1.43B |
| DepreciationAndAmortization | 1.27B | 1.24B | 1.29B | 1.43B |
| OperatingGainsLosses | -3.00M | -120.00M | -152.00M | -576.00M |
| GainLossOnSaleOfPPE | 0.00 | 0.00 | 221.00M | 12.00M |
| GainLossOnSaleOfBusiness | -2.00M | -120.00M | -152.00M | -772.00M |
| NetIncomeFromContinuingOperations | -6.68B | 3.29B | 2.70B | 1.20B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for CNC
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|