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Centene Corporation (CNC)

Market Open
9 Jul, 15:22
NYSE NYSE
$
31. 91
-0.7
-2.13%
$
16.58B Market Cap
16.46 P/E Ratio
0% Div Yield
1,115,912 Volume
6.67 Eps
$ 32.6
Previous Close
Day Range
31.79 32.46
Year Range
31.79 80.59
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Earnings results expected in 15 days
Jim Cramer on what is behind Centene's 40% drop

Jim Cramer on what is behind Centene's 40% drop

'Mad Money' host Jim Cramer dissects Centene's massive plummet following earnings.

Youtube | 6 days ago
S&P 500 Gains and Losses Today: Centene Pulls Guidance, Health Insurance Stocks Fall

S&P 500 Gains and Losses Today: Centene Pulls Guidance, Health Insurance Stocks Fall

Major U.S. equities indexes finished Wednesday mixed as President Donald Trump announced that the U.S. has reached a trade deal with Vietnam.

Investopedia | 6 days ago
Centene Tells United Healthcare To Hold Its Beer

Centene Tells United Healthcare To Hold Its Beer

Centene's stock plunged  after slashing 2025 EPS guidance due to higher-than-expected morbidity and lower market growth in key states. The company's previous bullish guidance failed to materialize. Despite the sharp drop, Centene trades at historically low price-to-sales multiples and investment grade status, making valuation attractive for risk-tolerant investors.

Seekingalpha | 6 days ago
Centene shares plummet as it withdraws full-year guidance

Centene shares plummet as it withdraws full-year guidance

Centene Corp (NYSE:CNC) shares fell almost 40% after the healthcare company withdrew its full-year 2025 financial guidance due to weak growth and higher-than-expected costs in its Affordable Care Act (ACA) marketplace business. Based on a preliminary analysis from the independent actuarial firm Wakely, Centene anticipates a $1.8 billion shortfall in risk adjustment revenue for 2025, which translates to a $2.75 per share reduction in adjusted earnings.

Proactiveinvestors | 1 week ago
Centene Pulls 2025 Guidance as Marketplace Growth Falters

Centene Pulls 2025 Guidance as Marketplace Growth Falters

CNC pulls its 2025 forecast after a $1.8B risk adjustment shortfall. Also, weak Marketplace growth shakes investor confidence.

Zacks | 1 week ago
Is Centene (CNC) Stock Undervalued Right Now?

Is Centene (CNC) Stock Undervalued 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.

Zacks | 1 week ago
5 Low Price-to-Book Value Stocks to Buy in July for Solid Returns

5 Low Price-to-Book Value Stocks to Buy in July for Solid Returns

The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, CVS, ODP, STNE and PSFE are some such stocks.

Zacks | 1 week ago
Centene's Medicaid business and healthcare costs are a problem, and its stock plunges

Centene's Medicaid business and healthcare costs are a problem, and its stock plunges

Centene's stock suffers a historic plunge as underestimation of healthcare costs leads the insurer to withdraw its full-year earnings outlook.

Marketwatch | 1 week ago
Centene: Is The 25% Fall In CNC Stock Justified?

Centene: Is The 25% Fall In CNC Stock Justified?

Centene Corporation (NYSE:CNC) experienced a challenging Tuesday evening, witnessing a 25% drop in shares during after-hours trading on July 1st. The significant decline in the healthcare giant's stock wasn't merely another example of market fluctuations; it was directly sparked by the company's complete withdrawal of its 2025 guidance, creating turmoil among investors.

Forbes | 1 week ago
Centene Stock Plummets 27%. What Sparked the Brutal Selloff.

Centene Stock Plummets 27%. What Sparked the Brutal Selloff.

It's been a tough year for health insurance stocks, with UnitedHealth also tumbling after the company pulled its guidance.

Barrons | 1 week ago
Centene Latest Insurer Facing Higher Costs As GOP Preps Bigger Hit

Centene Latest Insurer Facing Higher Costs As GOP Preps Bigger Hit

News government-subsidized health insurance provider Centene is withdrawing its 2025 financial guidance comes as the Republican-controlled Congress is poised to slash hundreds of billions of dollars in funding to Medicaid and Obamacare markets largely administered by health insurers.

Forbes | 1 week ago
Facing Slower Growth, Health Insurer Centene Pulls 2025 Profit Outlook

Facing Slower Growth, Health Insurer Centene Pulls 2025 Profit Outlook

Health insurer Centene, one of the nation's biggest providers of individual coverage under the Affordable Care Act known as Obamacare, on Tuesday withdrew its 2025 guidance, saying market growth in more than 20 states is lower than expected.

Forbes | 1 week ago
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