Centene Corporation (CNC) is set to report its fourth-quarter 2023 results on Feb 6, before the opening bell.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share of 43 cents suggests a 50% decrease from the prior-year figure of 86 cents. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenues of $36 billion indicates a 1.2% increase from the year-ago reported figure.Centene beat the consensus estimate for earnings in t ...

Wall Street analysts forecast that Centene (CNC) will report quarterly earnings of $0.43 per share in its upcoming release, pointing to a year-over-year decline of 50%. It is anticipated that revenues will amount to $35.99 billion, exhibiting an increase of 1.2% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

Eligible SoonerCare members will soon have access to new healthcare plans OKLAHOMA CITY, Feb. 1, 2024 /PRNewswire/ -- Oklahoma Complete Health, a care management organization serving the needs of Oklahomans with health insurance solutions and a wholly owned subsidiary of Centene Corporation (NYSE: CNC), today announced Open Enrollment for eligible SoonerCare members will occur from Feb. 1 – March 10, 2024. SoonerCare members can enroll by visiting www.MySoonerCare.org or call 800-987-7767. "Open enrollment ...

Recognition Marks Sixth Consecutive Year Centene Is in the Annual Ranking ST. LOUIS, Jan. 31, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, today announced that it has been recognized by Fortune magazine as one of the World's Most Admired Companies for the sixth consecutive year. Based on rankings by thousands of industry peers, the list captures the most well-regarded companies globally. "Centene is honored to be incl ...

Grants will provide independent physician practices with funds to implement DHCS' Equity and Practice Transformation Directed Payment Program SACRAMENTO, Calif., Jan. 30, 2024 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a wholly owned subsidiary of Centene Corporation (NYSE: CNC), announced $2 million in grants to 47 independent physician practices throughout California. Focused on increasing access to available funding from the Department of Healt ...

With more than 2 million members, Superior has grown into the largest Medicaid managed care organization in Texas. AUSTIN, Texas, Jan. 30, 2024 /PRNewswire/ -- Superior HealthPlan ("Superior"), the leading managed care organization in the state of Texas and a wholly owned subsidiary of Centene Corporation (NYSE: CNC), is celebrating an important milestone – 25 years of delivering high-quality, local health care to Texans across all 254 counties throughout the state. Founded in 1999, Superior first served 3, ...

Investors interested in stocks from the Medical - HMOs sector have probably already heard of Centene (CNC) and Humana (HUM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuati ...

Funding will support expansion of programs that work to place physicians and dentists in rural parts of GeorgiaATLANTA, Jan. 24, 2024 /PRNewswire/ -- Today, Peach State Health Plan, a care management organization that serves the needs of Georgians through a range of health insurance solutions and a wholly owned subsidiary of Centene Corporation (NYSE: CNC), and the Centene Foundation, the philanthropic arm of Centene Corporation, announced a $2.2 million funding commitment to Augusta University (AU). The fu ...

Value analysis is the best approach to identifying great bargains. Though price-to-earnings (P/E) and price-to-sales (P/S) valuation tools are more commonly used for stock selection, the price-to-book ratio (P/B ratio) is also an easy-to-use metric for identifying low-priced stocks with high-growth prospects.The P/B ratio, sometimes called the market-to-book ratio, is used to calculate how much an investor needs to pay for each dollar of book value of a stock. It is calculated by dividing the current closin ...