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This downturn is primarily attributed to a continued increase in medical costs for government-backed insurance plans, ...
Shares of Centene Corp. dropped sharply on Friday morning after the health insurer reported a surprise quarterly loss, driven ...
The story has been updated with executive comment and stock price change Healthcare insurance giant Centene Corporation (NYSE ...
We recently compiled a list of 11 Best Undervalued Stocks to Invest in Now. Centene Corporation tops our list for being one of the most undervalued stocks. Centene Corporation (NYSE:CNC) tops the list ...
Centene is trading at half of book value and under 9x earnings, an extreme undervaluation for a cash-generating insurer. See ...
Shares of Centene Corp. CNC slipped 4.95% to $25.53 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 6,370.86 and Dow ...
Health insurers are navigating rising costs and regulatory challenges, with Centene (CNC) slashing its forecast amid ACA ...
Centene’s stock has been in a free fall since early this month when the St. Louis-based payer pulled its earnings guidance for 2025 citing unexpectedly high spending on its ACA and Medicaid members.
So, where does this position Centene’s stock price? Currently trading around $43 in after-hours markets, CNC is now valued at less than 6 times its trailing adjusted earnings of $7.74 per share.
For healthcare stock Centene (NYSE: CNC), July 2 was indisputably disastrous. Shares closed down by over 40% that day, resulting in the firm losing over $11 billion in market capitalization. Close ...
Centene shares dropped 40% on Wednesday to $33.78, the lowest closing level since early 2017. The stock has lost around two-thirds of its value since setting a record high in August 2022.