centene corp (CNC:New York)
centene corp (CNC) Snapshot
|
Open
$52.43
|
Previous Close
$52.15
|
|
|
Day High
$52.60
|
Day Low
$51.38
|
|
|
52 Week High
05/16/13 - $52.60
|
52 Week Low
06/11/12 - $24.26
|
|
|
Market Cap
2.8B
|
Average Volume 10 Days
389.9K
|
|
|
EPS TTM
$0.33
|
Shares Outstanding
54.4M
|
|
|
EX-Date
--
|
P/E TM
157.2x
|
|
|
Dividend
--
|
Dividend Yield
--
|
centene corp (CNC) Latest News
centene corp (CNC) Related Businessweek News
No Related Businessweek News Foundcentene corp (CNC) Details
Centene Corporation provides multi-line healthcare programs and services in the United States. It operates in two segments, Medicaid Managed Care and Specialty Services. The Medicaid Managed Care segment provides 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. Its health plans provide 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 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 Specialty Services segment manages behavioral healthcare for members; provides health insurance to individual customers and their families; implements life and health management programs; offers long-term care services to the elderly and people with disabilities; and administers routine and medical surgical eye care benefits through its network of eye care providers. It also offers telehealth services; and claims processing, pharmacy network management, benefit design consultation, drug utilization review, formulary and rebate management, specialty and mail order pharmacy services, and patient and physician intervention services, as well as provides care management solutions that automate the clinical, administrative, and technical components of care management programs. The company offers 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.
centene corp (CNC) Top Compensated Officers
centene corp (CNC) Key Developments
Centene Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported premium and service revenues of $2.5 billion, representing a 53% increase over last year's level of almost $1.7 billion. This increase of approximately $880 million results from the addition of 3 new states: Missouri, Washington and Kansas, and from a full 3 months of revenue related to the 2012 expansions in Louisiana, Mississippi and Texas. Investment income decreased from $5.3 million to $4.5 million between years, reflecting the lower level of returns on new investments and reinvestments. Cash flow from operations was $43 million. Diluted earnings per share for the quarter was $0.42 compared to $0.45 last year. Net earnings attributable to company was $23 million against $23.9 million a year ago. Earnings from operations was $40.1 million and earnings before income tax expense was $37.9 million against earnings from operations of $34.1 million and earnings before income tax expense of $34.6 million a year ago. Capital expenditures was $10.6 million and purchases of investments was $358.1 million against capital expenditures of $14.9 million and purchases of investments of $255.2 million a year ago. For 2013, the company expects premium and service revenues of $10.1 billion to $10.4 billion, diluted earnings per share of $2.60 to $2.90 and effective tax rate of 40% to 41%.
Annual General Meeting
Centene Corp. announced that they will report Q1, 2013 results at 6:00 AM, US Eastern Standard Time on Apr 23, 2013
| Recently Viewed | |||
| CNC:US | $51.86 USD | -0.29 | |
| Company | Last | Change |
| Health Net Inc/CA | $31.00 USD | -0.11 |
| Magellan Health Services Inc | $51.70 USD | +0.89 |
| Molina Healthcare Inc | $38.04 USD | -0.14 |
| Universal American Corp/NY | $8.96 USD | +0.08 |
| WellCare Health Plans Inc | $54.66 USD | -0.25 |
| View Industry Companies | ||
Industry Analysis
CNC
Industry Average
| Valuation | CNC | Industry Range |
| Price/Earnings | 100.0x |
|
| Price/Sales | 0.3x |
|
| Price/Book | 2.8x |
|
| Price/Cash Flow | 3,214.1x |
|
| TEV/Sales | 0.1x |
|
Post a JobJobs
- Baton Rouge, LA | CentenePosted: May 19
- Baton Rouge, LA | CentenePosted: May 19
- Milwaukee, WI | CentenePosted: May 18
- Sunrise, FL | CentenePosted: May 17
Sponsored Financial Commentaries
Sponsored Links
To contact CENTENE CORP, please visit www.centene.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








