Summary
CNC Chart
Centene Corporation (CNC) Investors See Over $11 Billion Of Shareholder Value Wiped Out In 1 Day Amid Independent Actuary Data, Withdrawn 2025 Guidance – Hagens Berman
SAN FRANCISCO, July 03, 2025 (GLOBE NEWSWIRE) -- On July 2, 2025, investors in Centene Corp. (NYSE: CNC) saw the price of their shares of this normally low-volatility stock crash 40%, after the company withdrew its guidance, blaming preliminary discussions and data generated by an independent actuary, Wakely.
Centene's 40% Crash: Generational Buy Or Value Trap?
Centene's 40% drop after pulling 2025 guidance is driven by rising medical costs and margin pressure, but the sell-off appears overdone. Historical patterns show that similar sell-offs in 2016 and 2020 were followed by recoveries as premiums were adjusted upward. Valuation is now highly attractive, with Price/Cash Flow below 8, making CNC stock a compelling buy despite sector volatility.
Jim Cramer on what is behind Centene's 40% drop
'Mad Money' host Jim Cramer dissects Centene's massive plummet following earnings.
Centene Corporation Dividends
Centene Corporation Earnings
| 24 Jul 2025 (In 2 weeks) Date | | 2.02 Cons. EPS | - EPS |
| 24 Apr 2025 Date | | - Cons. EPS | - EPS |
| 4 Feb 2025 Date | | 0.51 Cons. EPS | 0.8 EPS |
| 25 Oct 2024 Date | | 1.33 Cons. EPS | 1.62 EPS |
| 26 Jul 2024 Date | | 2.07 Cons. EPS | 2.42 EPS |
| 24 Jul 2025 (In 2 weeks) Date | | 2.02 Cons. EPS | - EPS |
| 24 Apr 2025 Date | | - Cons. EPS | - EPS |
| 4 Feb 2025 Date | | 0.51 Cons. EPS | 0.8 EPS |
| 25 Oct 2024 Date | | 1.33 Cons. EPS | 1.62 EPS |
| 26 Jul 2024 Date | | 2.07 Cons. EPS | 2.42 EPS |
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Centene Corporation Profile
| Medical - Healthcare Plans Industry | Healthcare Sector | Sarah M. London CEO | NYSE Exchange | 15135B101 Cusip |
| US Country | 60,400 Employees | - Last Dividend | 7 Feb 2019 Last Split | 13 Dec 2001 IPO Date |
Overview
Centene Corporation stands as a prominent healthcare enterprise catering to the essential healthcare needs of under-insured and uninsured families, commercial organizations, and military families within the United States. Distinguished by its commitment to providing comprehensive health programs and services, the company navigates through the complexity of healthcare needs across diverse populations. Established in 1984 and headquartered in Saint Louis, Missouri, Centene has carved a niche for itself in the healthcare sector by offering a wide array of services across its multiple operational segments including Medicaid, Medicare, Commercial, and Other segments. The company's focus on accessibility and quality care underlines its mission to deliver healthcare solutions that foster well-being and improve health outcomes for all its members.
Products and Services
Centene's product and service portfolio spans across several key areas of healthcare, addressing the needs of a vast demographic through its diversified offerings:
- Medicaid: This segment caters to health plan coverage for individuals and families qualifying under Medicaid expansion, aged, blind, disabled individuals, the children's health insurance program, foster care, and those eligible for both Medicare and Medicaid (dual eligibles). It also provides long-term services and support, encompassing a broad range of healthcare products to meet the diverse needs of its members.
- Medicare: In this segment, Centene offers specialized plans for those with specific needs (Special Needs Plans) and Medicare supplement plans. Additionally, the company provides Prescription Drug Plans, which are essential for many elderly and disabled individuals relying on medications for managing their health conditions.
- Commercial: This segment offers health insurance marketplace products tailored for individuals, small and large groups. By catering to the commercial market, Centene ensures that businesses of all sizes can provide their employees with access to quality healthcare services.
- Clinical Healthcare and Pharmacies: Centene operates clinical healthcare facilities and pharmacies, which are vital components of its healthcare delivery model. These services ensure that members receive timely and efficient care, as well as access to necessary medications.
- Dental Services: Recognizing the importance of oral health as part of overall well-being, Centene also offers dental services to its members, ensuring comprehensive healthcare solutions that address all aspects of health.
- Government Contracts: Centene engages in the government contracts business, notably under the TRICARE program, which provides health benefits for military personnel, retirees, and their dependents. This showcases Centene's commitment to serving the health needs of military families and underscores its capacity to manage large-scale healthcare programs.
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