Currently, there are 497.52M common shares owned by the public and among those 491.78M shares have been available to trade.
The company’s stock has a 5-day price change of 4.81% and -6.69% over the past three months. CNC shares are trading -15.91% year to date (YTD), with the 12-month market performance down to -6.49% lower. It has a 12-month low price of $52.93 and touched a high of $80.59 over the same period. CNC has an average intraday trading volume of 5.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.37%, -1.81%, and -7.79% respectively.
Institutional ownership of Centene Corp (NYSE: CNC) shares accounts for 98.52% of the company’s 497.52M shares outstanding.
It has a market capitalization of $28.19B and a beta (3y monthly) value of 0.44. The stock’s trailing 12-month PE ratio is 8.43, while the earnings-per-share (ttm) stands at $6.72. The company has a PEG of 1.03 and the debt-to-equity ratio at 0.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.88% over the week and 2.27% over the month.
Earnings per share for the fiscal year are expected to increase by 1.76%, and 8.39% over the next financial year. EPS should shrink at an annualized rate of 8.20% over the next five years, compared to 14.96% over the past 5-year period.
Looking at the support for the CNC, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on June 09, 2025, with the firm’s price target at $70. Barclays coverage for the Centene Corp (CNC) stock in a research note released on June 02, 2025 offered a Equal Weight rating with a price target of $65. JP Morgan on their part issued Overweight rating on December 17, 2024.
