Centene Corporation (CNC)

Last Closing Price: 74.00 (2024-04-26)

Company Description

Centene Corporation is a well-diversified, multi-national healthcare company that primarily provides a set of services to government sponsored healthcare programs. The company serves the under-insured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Through a diversified product portfolio and expanding geographic reach, Centene continues to deliver results by growing premium and service revenues profitably. The company operates in two segments: Managed Care and Specialty Services. Managed Care - This segment provides health plan coverage to individuals through Government subsidized programs, including Medicaid. Specialty Services - This segment consists of its specialty companies offering diversified healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $154.00B
Net Income (Most Recent Fiscal Year) $2.70B
PE Ratio (Current Year Earnings Estimate) 11.22
PE Ratio (Trailing 12 Months) 11.36
PEG Ratio (Long Term Growth Estimate) 0.94
Price to Sales Ratio (Trailing 12 Months) 0.26
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.56
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.19
Pre-Tax Margin (Trailing 12 Months) 2.34%
Net Margin (Trailing 12 Months) 1.75%
Return on Equity (Trailing 12 Months) 14.26%
Return on Assets (Trailing 12 Months) 4.36%
Current Ratio (Most Recent Fiscal Quarter) 1.11
Quick Ratio (Most Recent Fiscal Quarter) 1.11
Debt to Common Equity (Most Recent Fiscal Quarter) 0.68
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $48.55
Earnings per Share (Most Recent Fiscal Quarter) $0.45
Earnings per Share (Most Recent Fiscal Year) $6.68
Diluted Earnings per Share (Trailing 12 Months) $4.91
Stock
Exchange NYSE
Sector Healthcare
Industry Healthcare Plans
Common Shares Outstanding 534.91M
Free Float 533.14M
Market Capitalization $40.48B
Average Volume (Last 20 Days) 3.07M
Beta (Past 60 Months) 0.38
Percentage Held By Insiders (Latest Annual Proxy Report) 0.33%
Percentage Held By Institutions (Latest 13F Reports) 93.63%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%