In recent trading session, Centene Corp (NYSE:CNC) saw 1.14 million shares changing hands at last check today with its beta currently measuring 0.48. Company’s recent per share price level of $57.08 trading at -$2.39 or -4.02% at last check today assigns it a market valuation of $28.40B. That most recent trading price of CNC’s stock is at a discount of -41.19% from its 52-week high price of $80.59 and is indicating a premium of 3.59% from its 52-week low price of $55.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.66 million shares which gives us an average trading volume of 5.01 million if we extend that period to 3-months.
For Centene Corp (CNC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.09. Splitting up the data highlights that, out of 14 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Centene Corp (NYSE:CNC) trade information
Upright in the red during last session for losing -4.02%, in the last five days CNC remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $57.08 price level, adding 11.02% to its value on the day. Centene Corp’s shares saw a change of -5.78% in year-to-date performance and have moved -8.55% in past 5-day. Centene Corp (NYSE:CNC) showed a performance of -8.35% in past 30-days. Number of shares sold short was 8.57 million shares which calculate 1.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 69 to the stock, which implies a rise of 17.28% to its recent value today. Analysts have been projecting 69 as a low price target for the stock while placing it at a high target of 69. It follows that stock’s current price would drop -20.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -20.88% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.96% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.75% while estimates for its earnings growth in next 5 years are of 8.64%.
Centene Corp (NYSE:CNC)’s Major holders
Insiders are in possession of 0.46% of company’s total shares while institution are holding 100.33 percent of that, with stock having share float percentage of 100.79%. Investors also watch the number of corporate investors in a company very closely, which is 100.33% institutions for Centene Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CNC for having 60.72 million shares of worth $4.03 billion. And as of 2024-06-30, it was holding 11.4647 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 47.44 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.9578 of outstanding shares, having a total worth of $3.15 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 15.82 shares of worth $900.9 million or 3.18% of the total outstanding shares. The later fund manager was in possession of 13.67 shares on Dec 31, 2024 , making its stake of worth around $777.98 million in the company or a holder of 2.75% of company’s stock.
