CNC Stock Summary and Trading Ideas (Centene | NYSE:CNC)

Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of December 2024, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare (about 5%). The company also has a military contract and provides Medicare Part D pharmaceutical plans.

Centene trades on the NYSE stock market under the symbol CNC.

As of February 5, 2026, CNC stock price declined to $39.92 with 9,977,185 million shares trading.

CNC has a beta of 0.01, meaning it tends to be less sensitive to market movements. CNC has a correlation of 0.00 to the broad based SPY ETF.

CNC has a market cap of $19.61 billion. This is considered a Large Cap stock.

Last quarter Centene reported $50 billion in Revenue and $.50 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.68.

In the last 3 years, CNC traded as high as $81.42 and as low as $25.08.

The top ETF exchange traded funds that CNC belongs to (by Net Assets): VTI, VOO, IVV, VB, SPY.

CNC has underperformed the market in the last year with a price return of -34.9% while the SPY ETF gained +13.8%. However, in the short term, CNC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +10.6% vs +0.6% return in SPY. But in the last 2 weeks, CNC shares have been beat by the market, returning -11.8% compared to an SPY return of -1.1%.

CNC support price is $39.89 and resistance is $42.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNC shares will trade within this expected range on the day.