The Latest Breaking News from Centene

Centene's (NYSE:CNC) short percent of float has risen 7.87% since its last report. The company recently reported that it has 7.85 million shares sold short, which is 1.37% of all regular shares that are available for trading.

Centene (NYSE:CNC) has outperformed the market over the past 5 years by 5.11% on an annualized basis producing an average annual return of 14.96%. Currently, Centene has a market capitalization of $45.83 billion.

Hotchkis & Wiley Mid-Cap Value Fund is one of the few diversified stock mutual funds that have gained ground and are topping the market this year.

Centene (NYSE:CNC) has outperformed the market over the past 15 years by 12.83% on an annualized basis producing an average annual return of 19.78%. Currently, Centene has a market capitalization of $48.21 billion.

Over the past 3 months, 4 analysts have published their opinion on Centene (NYSE:CNC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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Centene Corporation (NYSE:CNC) has agreed to sell Magellan Rx to Prime Therapeutics LLC and PANTHERx Rare to a consortium of The Vistria Group, General Atlantic, and Nautic Partners.  Centene expects to receive approximately $2.8 billion in aggregate proceeds from the transactions. Magellan Rx is a comprehensive pharmacy solutions organization with specialty drug management, Medicaid administration, and comprehensive pharmacy…

US stock futures traded higher ahead of the much-awaited interest rate decision from the Federal Reserve. Investors, meanwhile, focused on some notable insider trades.

According to Benzinga Pro, during Q1, Centene (NYSE:CNC) earned $852.00 million, a 43.68% increase from the preceding quarter. Centene also posted a total of $37.19 billion in sales, a 14.18% increase since Q4.

Centene Corporation (NYSE:CNC) has reported a Q1 FY22 adjusted EPS of $1.83, compared to $1.63 a year ago, beating the consensus estimate of $1.68. Sales increased 24% Y/Y to $37.18 billion, beating the consensus of $34.50 billion. Health Benefits Ratio of 87.3%, up from 86.8% a year ago, due to a return…

  Centene (NYSE:CNC) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:00 AM. Here's what investors need to know about the announcement.