CNC - Centene Corporation
| Previous Close | 55.42 |
| Open | 55.75 |
| Bid | 56.87 x 800 |
| Ask | 57.07 x 1200 |
| Day's Range | 54.58 - 57.51 |
| 52 Week Range | 45.44 - 74.49 |
| Volume | 13,207,368 |
| Avg. Volume | 8,318,467 |
| Market Cap | 23.506B |
| Beta (3Y Monthly) | 1.32 |
| PE Ratio (TTM) | 21.83 |
| EPS (TTM) | 2.61 |
| Earnings Date | Jul 23, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 73.67 |
- CNBC Videos•yesterday
Dan Loeb's Third Point wants Centene to consider selling itself: WSJ
Centene shares are spiking after Dow Jones reported that hedge fund Third Point has built a stake in Centene. CNBC's Dom Chu reports.
- American City Business Journals•yesterday
Report: Third hedge fund makes push for Centene to sell itself
Third Point LLC wants the Clayton-based managed health care provider to considering selling itself before spending $17.3B to acquire Tampa-based WellCare, according to the Wall Street Journal
- CNBC•yesterday
Activist Third Point builds stake in health insurer Centene
While the activist hedge fund confirms it has a financial position in Centene, neither the reason nor the size of the stake could be determined. One report earlier in the day said Loeb and his partners at Third Point want the company to consider selling itself before shelling out $15.3 billion on WellCare. Daniel Loeb's Third Point has built a stake in Centene CNC as the health insurer works to complete its previously announced purchase of WellCare Health Plans WCG .
- American City Business Journals•yesterday
Centene and WellCare shareholders set date for vote on $17.3B deal
Shareholders will vote June 24 on acquisition that would create a new power player in managed health care with 22 million members across 50 states
- Zacks•2 days ago
Why Should You Hold Centene (CNC) in Your Portfolio Now?
Banking on a robust revenues and strategic initiatives, Centene (CNC) has immense potential to reap benefits for investors.
- GOBankingRates•2 days ago
10 Smart Companies That Make a Profit, Even When the Market Falls
These companies can take on a bear market.
- PR Newswire•2 days ago
Centene and WellCare Announce Filing of Definitive Proxy Statement and Special Meeting Date
ST. LOUIS and TAMPA, Fla., May 23, 2019 /PRNewswire/ -- Centene Corporation (CNC) ("Centene" or the "Company") and WellCare Health Plans, Inc. (WCG) ("WellCare") today announced the filing of the definitive joint proxy statement and prospectus with the U.S. Securities and Exchange Commission in connection with Centene's pending acquisition of WellCare. The joint proxy statement is being mailed to Centene and WellCare stockholders on or about May 24, 2019.
- Zacks•3 days ago
Why Is Centene (CNC) Up 13.1% Since Last Earnings Report?
Centene (CNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
GuruFocus.com•4 days agoJohn Paulson's Top 5 Buys in the 1st Quarter
Merger-arbitrage guru also keeps trimming International Seaways holding
- Zacks•5 days ago
Medtronic (MDT) to Report Q4 Earnings: Will It Top Estimates?
We are upbeat about Medtronic's (MDT) successful execution of growth strategies such as therapy innovation, globalization and increase in economic value.
- TheStreet.com•5 days ago
3 Managed Care Providers Are Finally Looking Promising on the Charts
In his "No-Huddle Offense" segment of his very popular Mad Money program, Jim Cramer answered the question of what investors should be buying as we brace for both a prolonged trade war and a possible slowdown in our economy. The managed care stocks had been crushed after several Democratic presidential candidates began calling for a single-payer model that promises "Medicare for all." But Cramer noted then, and now, that these proposals simply don't have enough support in Washington to make them a reality. In the daily bar chart of UNH, below, we can see a rally to a December zenith and a zig-zag decline to an April low.
- American City Business Journals•5 days ago
Could Centene be acquired? One analyst details why it could make sense
Reports indicate a pair of hedge funds believe Centene can do better than its proposed $17.3B deal for WellCare if it were to find a buyer for itself.
GuruFocus.com•9 days agoLeon Cooperman's Top 5 Buys in 1st Quarter
The guru's top buys include Berkshire Hathaway airline Delta
GuruFocus.com•9 days ago6 Positions the Vanguard Health Care Fund Continues to Increase
CVS Health tops the list
- Zacks•10 days ago
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•10 days ago
3 Reasons Growth Investors Will Love Centene (CNC)
Centene (CNC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- PR Newswire•13 days ago
Reminder: Centene Corporation To Host Investor Meeting In NYC On June 14, 2019
ST. LOUIS , May 13, 2019 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today issued a reminder that it will host an investor meeting, including a question-and-answer session, on Friday, June 14, 2019 ...
- Simply Wall St.•15 days ago
Is Centene Corporation's (NYSE:CNC) Balance Sheet Strong Enough To Weather A Storm?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Barrons.com•15 days ago
Anthem, Centene, and UnitedHealth Stock Are Now Buys, Citigroup Says
Analyst Ralph Giacobbe upgraded Anthem, Centene, and UnitedHealth to Buy from Neutral, and says the selloff is overdone.
- Zacks•16 days ago
Value Investing Set to Shine: 5 Top-Ranked ETFs & Stocks
Value investing seek to capitalize on inefficiencies in the market and have the potential to deliver higher returns with lower volatility compared with growth and blend counterparts.
- American City Business Journals•18 days ago
Humana deal rumors brew (again) as hedge funds consider fighting mega deal
Rumors are again rumbling around Louisville-based health care and insurance company Humana Inc. as two hedge funds mull opposing a health insurance mega-merger. Newswire service Reuters reported Monday that two hedge funds — Corvex Management LP and Sachem Head Capital Management LP — may oppose St. Louis-based Centene Corp.'s proposed $17.3 billion acquisition of Tampa, Fla.-based WellCare Health Plans Inc. Both companies are giants in the commercial and government-backed health plan industry. The report states that the hedge funds have stakes in Centene and believe that the company may be able to do more to find out if another company, such as Humana (NYSE: HUM), would be interested in acquiring Centene.
- Insider Monkey•18 days ago
Activist Summary: Hedge Funds Are Targeting These Two Companies
The world of activism is always…well, active. Logically. Looking at the current most interesting moves by activist hedge funds, Lion Point Capital, Corvex Management LP, and Sachem Head Capital Management LP come into the picture. Starting with Lion Point Capital that was launched four years ago by Didric Cederholm, who previously worked as an executive […]
- Zacks•19 days ago
Ensign Group (ENSG) Q1 Earnings Beat Estimates, Rise Y/Y
Ensign Group's (ENSG) first-quarter earnings increase owing to a robust revenue stream.
- Markit•19 days ago
See what the IHS Markit Score report has to say about Centene Corp.
Centene Corp NYSE:CNCView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CNC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CNC totaled $840 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Reuters•19 days agoExclusive: Hedge funds target Centene, may oppose WellCare deal-sources
The hedge funds believe that Centene may be able to do more to find out if another company such as Humana Inc would be interested in acquiring it, the sources said. The hedge funds are seeking to take advantage of the fact that Centene needs to secure approval from its shareholders for the WellCare deal, according to the sources, who asked not to be identified because the matter is confidential.
