Last $75.54 USD
Change Today +1.33 / 1.79%
Volume 1.4M
CNC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

centene corp (CNC) Snapshot

Open
$74.29
Previous Close
$74.21
Day High
$75.82
Day Low
$74.23
52 Week High
07/22/14 - $81.98
52 Week Low
12/12/13 - $54.12
Market Cap
4.4B
Average Volume 10 Days
1.2M
EPS TTM
$3.21
Shares Outstanding
58.6M
EX-Date
--
P/E TM
23.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CENTENE CORP (CNC)

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centene corp (CNC) Details

Centene Corporation provides multi-line healthcare programs and services in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State children’s health insurance program, long-term care, foster care, and Medicare special needs plans, as well as aged, blind, or disabled programs. The Specialty Services segment provides behavioral healthcare programs; healthcare services to individuals; in-home health services for high acuity populations; health insurance to individual customers and their families; life and health management programs; vision network services; telehealth services; and pharmacy benefits management services. This segment also offers pharmacy services for complex diseases, including hepatitis c, hemophilia, multiple sclerosis, rheumatoid arthritis, and oncology; and care management software that automate the clinical, administrative, and technical components of care management programs. This segment provides its services and products to state programs, healthcare organizations, employer groups, and other commercial organizations. Its health plans offer primary and specialty physician care, inpatient and outpatient hospital care, transportation assistance, emergency and urgent care, vision care, prenatal care, dental care, laboratory and x-ray services, immunizations, prescriptions and limited over-the-counter drugs, home health and durable medical equipment, behavioral health and substance abuse services, therapies, social work services, care coordination, and 24-hour nurse advice line. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

8,800 Employees
Last Reported Date: 02/21/14
Founded in 1984

centene corp (CNC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $4.2M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $1.6M
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $450.0K
Chief Business Development Officer and Execut...
Total Annual Compensation: $1.2M
Chief Administration Officer and Executive Vi...
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2013.

centene corp (CNC) Key Developments

Centene Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Centene Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the second quarter of 2013, total revenues were $4,023,700,000 against $2,610,539,000 of prior year period. Earnings from operations were $92,672,000 against $68,737,000 of prior year period. Net earnings attributable to corporation were $48,863,000 against $39,484,000 of prior year period. Diluted earnings per common share were $0.82 compared to $0.70 a year ago. Earnings from continuing operations, before income tax expense was $91,320,000 compared to $65,782,000 a year ago. Cash flow from operations was $159 million in the second quarter and $412 million year-to-date. The company delivered strong top and bottom line growth in the second quarter, driven by the ongoing successful execution of growth and diversification strategy. For the six months, the company’s total revenues were $7,483,588,000 against $5,136,021,000 of prior year period. Earnings from operations were $162,706,000 against $108,337,000 of prior year period. Net earnings attributable to corporation were $81,846,000 against $62,486,000 of prior year period. Diluted earnings per common share were $1.37 compared to $1.13 a year ago. Earnings from continuing operations, before income tax expense was $59,055,000 compared to $103,021,000 a year ago. Net cash provided by operating activities was $411,889,000 compared to $80,939,000 a year ago. Capital expenditures were $41,568,000 compared to $30,057,000 a year ago. For the full year of 2014 guidance, it expects diluted earnings per share, $3.70 to $3.90 and effective income tax rate, 49.5% to 50.5%. The company has increased the revenue guidance by $700 million to $800 million for 2014, as a result of increased membership in Medicaid, Medicaid expansion and Health insurer marketplace product lines, the addition of the Cook County operations and growth in AcariaHealth's revenues.

Centene Corp.(NYSE:CNC) added to Russell 1000 Index

Centene Corp. will be added to the Russell 1000 Index.

Centene Corp.(NYSE:CNC) dropped from Russell 2000 Index

Centene Corp. will be removed from the Russell 2000 Index.

 

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Industry Analysis

CNC

Industry Average

Valuation CNC Industry Range
Price/Earnings 24.1x
Price/Sales 0.3x
Price/Book 2.9x
Price/Cash Flow 23.6x
TEV/Sales 0.2x
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