Centene Corp (NYSE:CNC) has a beta value of 0.45 and has seen 1.22 million shares traded in the recent trading session. The company, currently valued at $26.65B, closed the recent trade at $53.55 per share which meant it lost -$0.5 on the day or -0.93% during that session. The CNC stock price is -50.49% off its 52-week high price of $80.59 and 1.16% above the 52-week low of $52.93. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.68 million shares traded. The 3-month trading volume is 4.91 million shares.
The consensus among analysts is that Centene Corp (CNC) is Buy stock at the moment, with a recommendation rating of 2.14. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 14 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
Centene Corp (NYSE:CNC) trade information
Sporting -0.93% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CNC stock price touched $53.55 or saw a rise of 3.58%. Year-to-date, Centene Corp shares have moved -21.17%, while the 5-day performance has seen it change -2.48%. Over the past 30 days, the shares of Centene Corp (NYSE:CNC) have changed -5.07%. Short interest in the company has seen 7.82 million shares shorted with days to cover at 1.51.
Wall Street analysts have a consensus price target for the stock at $69, which means that the shares’ value could jump 22.39% from the levels at last check today.. The projected low price target is $69.0 while the price target rests at a high of $69.0. In that case, then, we find that the latest price level in today’s session is -28.85% off the targeted high while a plunge would see the stock gain -28.85% from the levels at last check today..
Centene Corp (CNC) estimates and forecasts
The company’s shares have lost -10.32% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.96% over the past 5 years. Earnings growth for 2025 is a modest 1.48% while over the next 5 years, the company’s earnings are expected to increase by 8.12%.
CNC Dividends
Centene Corp is expected to release its next earnings report on 2025-Apr-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Centene Corp (NYSE:CNC)’s Major holders
Insiders own 0.46% of the company shares, while shares held by institutions stand at 99.89% with a share float percentage of 100.35%. Investors are also buoyed by the number of investors in a company, with Centene Corp having a total of 1304.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 60.72 million shares worth more than $4.03 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.4647% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 47.44 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.15 billion and represent 8.9578% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.15% shares in the company for having 15.65 shares of worth $839.88 million while later fund manager owns 13.78 shares of worth $739.24 million as of Mar 31, 2025 , which makes it owner of about 2.77% of company’s outstanding stock.
