Notable healthcare headlines for the week: Eli Lilly, Novo Nordisk, and Centene in focus
Seeking Alpha News (Sun, 27-Sep 9:05 AM ET)
PRNewswire (Tue, 22-Sep 1:30 PM ET)
Stockton Seniors Gain Access to 76 Affordable Homes with Health Net's $3 Million Investment
PRNewswire (Tue, 22-Sep 12:23 PM ET)
PRNewswire (Wed, 9-Sep 3:17 PM ET)
PRNewswire (Tue, 1-Sep 9:01 AM ET)
Centene Appoints New Chief Information Officer
PRNewswire (Mon, 31-Aug 8:01 AM ET)
PRNewswire (Tue, 25-Aug 2:59 PM ET)
PRNewswire (Fri, 21-Aug 12:00 PM ET)
PRNewswire (Thu, 20-Aug 8:00 AM ET)
Centene Announces Planned Chief Financial Officer Transition
PRNewswire (Mon, 17-Aug 6:00 AM ET)
Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 20 million medical members as of December 2025, mostly in Medicaid (about 64% of membership), the individual exchanges (about 28%), and Medicare (about 5%). The company also provides Medicare Part D pharmaceutical plans.
Centene trades on the NYSE stock market under the symbol CNC.
As of September 30, 2026, CNC stock price declined to $62.12 with 2,853,108 million shares trading.
CNC has a beta of 1.29, meaning it tends to be more sensitive to market movements. CNC has a correlation of 0.10 to the broad based SPY ETF.
CNC has a market cap of $30.67 billion. This is considered a Large Cap stock.
Last quarter Centene reported $54 billion in Revenue and $2.51 earnings per share. This beat revenue expectation by $6 billion and exceeded earnings estimates by $1.49.
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, SPY, VB.
CNC has outperformed the market in the last year with a return of +76.4%, while the SPY ETF gained +16.1%. However, in the most recent history, CNC shares have underperformed the stock market with its stock returning -3.7% in the last 3 month period and -8.2% for the last 2 week period, while SPY has returned +3.2% and +0.9%, respectively.
CNC support price is $60.70 and resistance is $63.72 (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.