Centene Co. Forecasted to Post Q3 2025 Earnings of $1.80 Per Share (NYSE:CNC)

Centene Co. (NYSE:CNC) – Equities research analysts at Zacks Research raised their Q3 2025 earnings estimates for shares of Centene in a report released on Tuesday, September 17th. Zacks Research analyst K. Dey now forecasts that the company will post earnings of $1.80 per share for the quarter, up from their previous forecast of $1.69. The consensus estimate for Centene’s current full-year earnings is $6.82 per share.

A number of other brokerages have also recently commented on CNC. Oppenheimer cut their price target on shares of Centene from $110.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, July 29th. Robert W. Baird started coverage on Centene in a report on Thursday, May 30th. They set a “neutral” rating and a $83.00 price target for the company. StockNews.com upgraded Centene from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 29th. JPMorgan Chase & Co. cut their price objective on Centene from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Wednesday, July 10th. Finally, Jefferies Financial Group cut Centene from a “buy” rating to a “hold” rating and dropped their price target for the company from $83.00 to $69.00 in a research note on Wednesday, July 24th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $85.58.

Centene Stock Performance

NYSE CNC opened at $75.63 on Friday. The company has a market cap of $40.36 billion, a PE ratio of 15.04, a PEG ratio of 0.99 and a beta of 0.48. Centene has a 12 month low of $63.45 and a 12 month high of $81.42. The stock has a 50 day moving average of $74.48 and a 200-day moving average of $73.51. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.64.

Centene (NYSE:CNC) last released its earnings results on Friday, July 26th. The company reported $2.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.02). The company had revenue of $39.84 billion for the quarter, compared to the consensus estimate of $36.83 billion. Centene had a return on equity of 14.45% and a net margin of 1.79%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.10 EPS.

Hedge Funds Weigh In On Centene

Hedge funds have recently bought and sold shares of the business. Rise Advisors LLC bought a new position in Centene during the first quarter worth about $25,000. WR Wealth Planners LLC increased its position in Centene by 41.4% during the second quarter. WR Wealth Planners LLC now owns 468 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares during the period. Chris Bulman Inc bought a new position in Centene during the second quarter worth about $33,000. Riverview Trust Co grew its stake in Centene by 154.6% during the second quarter. Riverview Trust Co now owns 527 shares of the company’s stock worth $35,000 after buying an additional 320 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Centene in the 2nd quarter valued at approximately $36,000. 93.63% of the stock is owned by institutional investors.

About Centene

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children’s health insurance program, foster care, medicare-medicaid plans, long-term services and support.