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2026-10-22 17:03
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2026-10-22 11:56
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Centene to Report Q3 Earnings: Buy, Sell or Hold the Stock? | FMP Stock News | |
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2026-10-20 22:38
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2026-10-20 17:29
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A Look at Centene Corp (CNC) After 3.2% Gain -- GF Value $78.17 vs Price $70.81 | FMP Stock News | |
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On October 20, 2026, Centene Corp CNC shares rose 3.2% today, currently trading at $70.81. The stock has experienced a 52-week high of $71.21 and a low of $31.63, reflecting significant volatility and growth potential over the past year.GF Value™ verdict: Current price is $70.81 vs GF Value™ of $78.17, indicating a 9.4% undervaluation.GF Score™ of 71/100 suggests an above-average overall assessment.Most notable signal: Insiders sold $14.6M worth of shares over the past 12 months, with no buying activity.Is CNC Overvalued or Undervalued?The GF Value™ estimate for Centene Corp is $78.17, which suggests that the current trading price of $70.81 is 9.4% undervalued. However, this valuation should be approached with caution. GF Value™ is derived from historical trading multiples, past business growth, and future performance estimates, providing a directional indication rather than a precise target. Given that Centene is currently operating at a loss and is cash-flow-negative, traditional earnings-based metrics like P/E may not apply effectively. Therefore, analyzing the Price-to-Sales (P/S) ratio may yield more relevant insights into the company's valuation. Despite the GF Value™ indicating potential undervaluation, investors should consider the inherent risks associated with loss-making companies. The GF Valuation label classifies the stock as fairly valued, suggesting that while it may present an investment opportunity, caution is warranted due to the unprofitability and market fluctuations. How Does CNC's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)Not Applicable15.9x (5-Year Median)Forward P/E13.2xNot ApplicableWith a forward P/E of 13.2x, Centene's valuation is below its historical median P/E of 15.9x. This suggests that the stock is trading at a lower valuation compared to its historical averages; however, the lack of a meaningful P/E ratio due to its unprofitability indicates that the standard metrics may not align with the GF Value™ assessment. What Does CNC's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a company's financial strength, profitability, growth potential, valuation, and momentum. With a score of 71/100, Centene Corp is positioned as an above-average stock based on these factors. MetricRatingGF Score™71Financial Strength5/10Profitability7/10Growth2/10Valuation10/10Momentum6/10The breakdown of the GF Score™ reveals that Centene Corp excels in valuation, holding a perfect score of 10/10, while the growth rank is notably low at 2/10, indicating challenges in expanding profitability. Financial strength is rated at 5/10, suggesting a moderate level of stability, while profitability remains a strong point at 7/10. Overall, while the valuation aspect is promising, the growth metrics may deter some investors. What Are Gurus and Insiders Doing with CNC?Currently, 10 gurus hold Centene Corp stock, with 3 increasing their positions and 8 trimming their holdings in recent quarters. This mixed activity indicates a cautious sentiment among seasoned investors. Additionally, insider activity has shown a significant selling trend, with insiders offloading $14.6M worth of shares over the last year without any buy transactions. This pattern may raise concerns regarding the company's future prospects and the confidence insiders have in its recovery. What This Means for InvestorsBased on the GF Value™ assessment and the analysis of Centene Corp's valuation metrics, it appears that the stock is undervalued at its current price of $70.81, with a margin of safety indicated by the 9.4% gap to the GF Value™ of $78.17. However, investors should remain cognizant of the company's cash-flow-negative status and the insider selling trend, which may reflect underlying concerns about its long-term viability. For more detailed insights, visit the Centene Corp CNC stock page and explore the GF Value™ page for additional context. Frequently Asked QuestionsWhat is CNC's GF Score™? Centene Corp has a GF Score™ of 71/100, indicating an above-average overall assessment based on various financial and operational metrics. Is CNC overvalued or undervalued? CNC is currently considered undervalued, with a GF Value™ of $78.17 compared to the current price of $70.81, suggesting a 9.4% potential upside. What is CNC's P/E ratio? Centene Corp does not have a meaningful P/E ratio due to its unprofitability; however, it has a forward P/E of 13.2x, which is below its historical median of 15.9x. This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios. |
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2026-10-20 12:35
5d ago
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2026-10-20 07:00
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Ambetter Health Announces 2027 Marketplace Offerings, Including Enhanced Condition-Specific Coverage Options | FMP Stock News | |
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Ambetter Health Introduces New Heart Failure Coverage and Expands Chronic Care Solutions in Nine States, /PRNewswire/ -- Ambetter Health, the Health Insurance Marketplace product of Centene Corporation (NYSE: CNC), today announced its 2027 Marketplace offerings, including new and enhanced condition-specific plans. Ambetter Health currently serves more than 3.5 million members across 27 states and more than 1,700 counties, and will expand into 55 additional counties for 2027. Experience the full interactive Multichannel News Release here: https://www.multivu.com/ambetter_health/9420451-en-ambetter-health-open-enrollment-2027-marketplace-offerings Ambetter Health is on a mission to expand access to quality, affordable health insurance, helping more people connect to the care and support they deserve. Ambetter Health Announces 2027 Marketplace Offerings, Including Enhanced Condition-Specific Coverage Options Ambetter Health Announces 2027 Marketplace Offerings, Including Enhanced Condition-Specific Coverage Options Ambetter Health combines deep experience, innovative solutions, and strong local partnerships to help individuals and families take control of their health with confidence. "We are committed to delivering coverage options that reflect the diverse healthcare needs of the communities we serve," said Katherine Kirby, President of Ambetter Health. "Our condition-specific plans have delivered strong member satisfaction and primary care engagement, demonstrating the value of more personalized approaches to coverage." Designed Around Members' Needs In 2027, Ambetter Health will introduce and expand a range of condition-specific Ambetter Health Premier plans designed to support better health, enhance the member experience, and help reduce or eliminate out-of-pocket costs for individuals managing chronic conditions. New Enhanced Congestive Heart Failure Care plans in North Carolina and Ohio. These plans offer eligible members $0 copays for certain heart failure medications, $0 select mental health medications, $0 nicotine replacement therapy, $0 cardiologist visits (up to four per year), plus covered cholesterol labs, EKGs, cardiac education and nutritional counseling visits. Expanding Enhanced Diabetes Care plans in Louisiana, Mississippi and Indiana. These plans, already available in Florida, Tennessee, Texas, Alabama and Oklahoma, offer eligible members $0 preferred insulin, $0 select medications used to manage diabetes, high blood pressure, high cholesterol and mental health conditions, as well as $0 select diabetic supplies and $0 routine A1C lab services. Enhanced Asthma and COPD Care plans in Georgia. Joining North Carolina, Oklahoma and Kentucky, these plans offer $0 copays for preferred Asthma/COPD medications, including controller and rescue inhalers and mental health medications, $0 pulmonologist visits, $0 allergy testing and $0 pulmonary rehabilitation services. Coverage that Supports Whole-Person Health In addition to expanded plan options, Ambetter Health will continue offering a range of programs and benefits designed to help members access care and manage their health more effectively. Virtual 24/7 Care. Members in all markets can reach an Ambetter-designated licensed provider by telehealth for conditions such as flu, fever, ear infections, skin conditions and respiratory infections, without leaving home. My Health Pays®. Available in participating states, the My Health Pays program lets members earn rewards for completing health activities and challenges, with up to $500 in annual rewards that can be applied to copays, deductibles, and other health related expenses. Amounts and eligibility vary by state. Walgreens Smart Savings. In Florida, Georgia, Illinois, Mississippi, Nebraska and Tennessee, members receive 20% off Walgreens brand over the counter health and wellness products. * YMCA membership. In Arizona, Florida, Nevada, North Carolina and Oklahoma, members receive in-person YMCA access and YMCA360 virtual programming at no additional cost. Open Enrollment for 2027 Marketplace coverage begins Nov. 1, 2026. Consumers can explore coverage options, compare plans, and learn more about available benefits by visiting AmbetterHealth.com. About Ambetter Health Ambetter Health is a health insurance offering that is available on the Health Insurance Marketplace, or exchange, established by the Affordable Care Act. It is one of the healthcare programs provided by Centene Corporation, a leading healthcare enterprise committed to helping people live healthier lives. Ambetter Health is made available through local health plans and covers a wide variety of healthcare services, including preventive and wellness services, maternity and newborn care, pediatric services, mental health and substance misuse services, prescription drug coverage and more. *Walgreens discount valid until 12/31/27. Some restrictions apply. Discount valid only for in-store purchases of eligible Walgreens brand health and wellness products by current members eligible for the discount program. Discount cannot be used online. Walgreens can discontinue program at its discretion. For full list of Walgreens brand health and wellness products, please visit www.walgreens.com/smartsavings. Offer not valid on the following items: alcohol, charitable donations, dairy, prescription medication, durable medical equipment or supplies or services submitted by the pharmacy to insurance for reimbursement or where otherwise limited by law, liquor department items, lottery tickets, magazines, money orders/transfers, newspapers, phone/prepaid/gift cards, photo orders, prescriptions, pseudoephedrine or ephedrine products, stamps, tobacco and transportation passes. SOURCE Centene Corporation |
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Saved
2026-10-19 21:48
6d ago
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2026-10-19 17:30
6d ago
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CENTENE CORPORATION TO HOST 2026 THIRD QUARTER FINANCIAL RESULTS EARNINGS CALL | FMP Stock News | |
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Original source text
, /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, shared today that it will release its 2026 third quarter financial results at approximately 6:00 a.m. ET on Tuesday, October 27, 2026, and host a conference call at 8:30 a.m. ET to review the results.Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 (toll free) in the U.S. and Canada; +1-412-902-6506 (toll) from abroad, including the following Elite Entry Number: 1565730 to expedite caller registration; or via a live, audio webcast on the Company's website at www.centene.com, under the Investors section. A webcast replay will be available for on-demand listening shortly following the completion of the call for the next 12 months or until 11:59 p.m. ET on Tuesday, October 26, 2027, at the aforementioned URL. In addition, a digital audio playback will be available until 9 a.m. ET on Tuesday, November 3, 2026, by dialing 1-855-669-9658 (toll free) in North America, or +1-412-317-0088 (toll) from abroad, and entering access code 581422. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach with local teams to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com/. SOURCE Centene Corporation |
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2026-10-19 14:23
6d ago
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2026-10-19 09:42
6d ago
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4.6 Million Americans Leave Health Insurance Market in Biggest Exodus in a Decade — and Those Staying Face a 15% Rate Hike | FMP Stock News | |
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The individual health insurance market is shrinking at a pace not seen in a decade, and the insurers left standing are already pricing in the next wave of people walking out the door.More than 4.6 million Americans left the individual health insurance market in a single year. New research from KFF shows enrollment fell 18%, from 25.2 million in June 2025 to 20.5 million in June 2026. Reuters reports this is the steepest annual decline since 2015. The cause: enhanced premium tax credits ran out, and costs doubled or even tripled for some people. For those who stayed, Marketplace insurers have proposed a median premium increase of 15% for 2027, the second consecutive year of double-digit increases. About four percentage points of that hike reflects insurers expecting more departures and a sicker risk pool. Insurers are now charging for an exit that hasn’t finished yet. We are seeing the early shape of a death spiral. Insurers Are Already Pricing In the Next Wave of Departures Many who left found other coverage. Among 2025 Marketplace enrollees, 22% moved to another coverage source and 9% said they were now uninsured. The people who do drop coverage, though, tend to be the healthier customers who can most easily do without it. When they go, average claims rise. Insurers then raise premiums, and the next level of relatively healthy customers decides coverage is no longer worth the price. The insurers are reporting exactly that pressure. Centene (NYSE:CNC | CNC Price Prediction) and UnitedHealth Group (NYSE:UNH) have flagged rising medical costs in their Obamacare businesses. This year’s requested median hike of 14% was the second-highest increase in nearly a decade. The enrollment decline is now closing in on the Congressional Budget Office’s projection of roughly a 25% drop through 2026. Household Budgets Have Little Room Left to Absorb It A 17% share of returning enrollees told KFF they were not confident they could afford premiums for all of 2026. And they have little margin. The personal savings rate fell to 4.4% in the second quarter, down from 6.9% in early 2024. The University of Michigan consumer sentiment index stood at 51.7 in August. At the same time, Americans keep spending more on care. Healthcare services spending hit an annualized $3,861.3 billion in August, up from $3,616.9 billion a year earlier. People without coverage tend to put off treatment until conditions get worse, and those costs land later on hospitals as uncompensated care and come back to everyone else through higher prices. Open Enrollment Will Show Whether the Spiral Takes Hold KFF warns that more people could become uninsured during the fall Open Enrollment Period, and its figures don’t yet reflect recent plan cancellations. The key signal is the age and health mix of whoever signs up for 2027. If younger enrollees keep leaving faster than older ones, the four-point margin insurers built into their rates will look too small, and 2028 filings will bring a third straight year of double-digit increases. Centene’s and UnitedHealth’s fourth-quarter comments on medical costs in their exchange plans will be the first hard evidence of which way the pool is moving. Contact [email protected] for any questions or corrections. |
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2026-10-16 12:38
9d ago
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2026-10-16 08:00
9d ago
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Centene Corporation Demonstrates Commitment to CHOICE Arrangements through Benefit Programs in Indiana, Ohio and Oklahoma | FMP Stock News | |
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Centene CorporationExpansion into Ohio and Oklahoma for plan year 2027 builds on early success offering employees CHOICE Arrangements in Indiana in 2026 , /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced the expansion of its CHOICE Arrangements benefit program (formerly ICHRA) to employees in Ohio and Oklahoma for plan year 2027. Building on the successful implementation of the program for Indiana-based employees in 2026, the expansion reflects Centene's ongoing commitment to providing employees with greater flexibility and choice in their health coverage. "At Centene, we believe healthcare coverage should be as unique as the people it serves," said Chief Executive Officer, Sarah M. London. "Our experience in Indiana has demonstrated the value of empowering employees with greater flexibility and choice in their healthcare decisions. Expanding CHOICE Arrangements to our Ohio and Oklahoma employees reflects our confidence in this model and our commitment to leading the evolution of affordable employer-sponsored healthcare." Since launching the program for Indiana-based employees in 2026, Centene has gained valuable insights into how personalized health coverage solutions can better meet the diverse needs of its workforce. The expansion represents another milestone in the company's broader strategy to drive innovation in healthcare benefits and support the growing adoption of CHOICE Arrangements nationwide. "As CHOICE Arrangements continue gaining momentum across the country, we are proud to put this innovation into practice within our own organization and demonstrate how it can deliver meaningful value for employees," said Alan Silver, President of Ambetter Health Solutions. For more information about Ambetter Health Solutions, visit https://www.ambetterhealth.com/en/ichra/. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com/. About Ambetter Health Solutions Ambetter Health Solutions, Centene Corporation's off-Exchange Marketplace business offering, delivers individual health insurance plans that are compatible with Individual Coverage Health Reimbursement Arrangements (ICHRA). Available in select states, including Arizona, Florida, Georgia, Ohio, Indiana, Missouri, Mississippi, Kansas, Nebraska, Oklahoma, Tennessee, Texas and South Carolina, these plans empower individuals to choose the coverage that best fits their needs, helping employers control cost while offering greater choice and flexibility to their workforce. For more information on health benefits and health insurance plans in your state, please visit the state specific link on AmbetterHealth.com. SOURCE Centene Corporation |
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2026-10-14 18:54
11d ago
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2026-10-14 14:35
11d ago
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Centene's Gold Card Push Could Ease Costs - But Will Savings Follow? | FMP Stock News | |
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Key Takeaways Centene will launch its Gold Card program nationwide in November 2026, initially covering 160,000 providers.Qualifying providers can bypass prior authorization for eligible outpatient care, reducing routine reviews.Centene trades at 13.13 times forward earnings, while 2026 EPS is estimated to grow 135.1% to $4.89. Centene Corporation (CNC - Free Report) is set to launch its National Performance-Based Gold Card Program nationwide in November 2026, aiming to simplify prior authorization for healthcare providers. The program will initially cover more than 160,000 qualifying providers for select outpatient services. The nationwide rollout also provides CNC with a broader framework to standardize authorization practices across its health plans.Providers that consistently meet clinical review requirements can gain Gold Card status, allowing them to submit pre-notifications and proceed with eligible outpatient services without waiting for prior authorization decisions. Eligibility will depend on approval history, documentation quality, compliance with medical policy and applicable regulatory requirements. The move matters because prior authorization can create administrative work for both healthcare providers and insurers. Offering qualifying providers a faster approval pathway could reduce routine review requirements while preserving clinical oversight. Streamlined interactions with providers could also enhance the experience for members and healthcare partners while simplifying authorization workflows. Fewer administrative reviews could help Centene lower processing costs and improve operating efficiency over time. The initiative could strengthen provider relationships and enhance the member experience. However, the financial benefits will depend on provider adoption, realized administrative savings and the company's ability to maintain effective medical utilization controls. Successful implementation may support Centene's long-term cost structure and operating performance, although the extent of any earnings contribution remains uncertain. How Are Competitors Faring?Some of CNC’s major competitors in the managed-care space are UnitedHealth Group Incorporated (UNH - Free Report) and Elevance Health, Inc. (ELV - Free Report) . UnitedHealth is simplifying provider workflows through UnitedHealthcare's move to eliminate 30% of prior authorization requirements, with the changes set to take effect in October 2026. UNH’s national Gold Card program also reduces authorization requirements for qualifying provider groups, supporting administrative efficiency. Elevance Health is using its Health OS platform and electronic prior authorization tools to streamline clinical reviews. Through April 2026, more than 250,000 electronic medical prior authorization requests were processed, with more than 42% of decisions completed in one minute or less, helping ELV reduce administrative delays. Centene’s Price Performance, Valuation & EstimatesShares of CNC have gained 67.4% in the year-to-date period compared with the industry’s growth of 18.7%. Image Source: Zacks Investment Research From a valuation standpoint, Centene trades at a forward price-to-earnings ratio of 13.13, below the industry average of 15.41. CNC carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Centene’s 2026 earnings is pegged at $4.89 per share, implying 135.1% growth from the year-ago period’s level. Image Source: Zacks Investment Research CNC stock currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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2026-10-13 23:10
11d ago
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2026-10-13 17:10
12d ago
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PA Health & Wellness Earns National Recognition Among Top Medicaid Health Plans for Second Consecutive Year | FMP Stock News | |
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, /PRNewswire/ -- PA Health & Wellness, a leading managed care organization in Pennsylvania and a company of Centene Corporation (NYSE: CNC), today announced that it has been recognized among the top 17 Medicaid health plans in the United States by the National Committee for Quality Assurance (NCQA) for the second consecutive year. This distinction reflects the organization's sustained commitment to quality, continuous improvement, and delivering meaningful healthcare outcomes for Pennsylvanians."Earning this national distinction for a second consecutive year reflects the dedication of our team and our partners," said Marc Giordano, CEO of PA Health & Wellness. "But recognition is only part of the story. Every day, our focus remains on raising the bar, improving the member experience, and delivering better health outcomes for Pennsylvanians. NCQA evaluates health plans across the country through a rigorous process that assesses clinical quality, member experience, and efforts to improve health outcomes. PA Health & Wellness's continued recognition reflects its focus on helping members access the right care at the right time, with an emphasis on preventive services, chronic condition management, care coordination, and innovative approaches to addressing individual health needs. PA Health & Wellness serves participants in Pennsylvania's Community HealthChoices (CHC) program, which provides managed long-term services and supports to help eligible individuals maintain independence and remain in their homes and communities whenever possible. Through partnerships with healthcare providers, community organizations, and other stakeholders, the organization works to strengthen care delivery, address barriers to health, and connect members with services that support their overall well-being. "Excellence means never standing still. It means listening, learning, and always looking for ways to do better for our members," Giordano added. "This recognition is something to be proud of, but what matters most is what we do next. By working together with our providers and community partners, we can continue to improve care, strengthen communities, and make a real difference in the lives of Pennsylvanians." NCQA's Health Plan Ratings provide consumers with information to help evaluate health plan performance, with assessments focused on quality of care and member experience. PA Health & Wellness remains committed to building on this recognition through continued investment in quality, collaboration, and member-centered care. About PA Health & Wellness PA Health & Wellness is a leading managed care organization serving Medicaid and Medicare members across Pennsylvania. With a mission to improve the health of the community, one individual at a time, PA Health & Wellness works with a network of providers and community partners to deliver high-quality, accessible, and culturally sensitive healthcare services. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. The Company also contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and value creation as well as the development of its people, systems and capabilities so that it can better serve its members, providers, local communities and government partners. SOURCE PA Health & Wellness |
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2026-10-13 13:10
12d ago
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2026-10-13 07:00
12d ago
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Centene to Launch Nationwide Gold Card Program for Qualifying Providers | FMP Stock News | |
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, /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced it will launch its National Performance-Based Gold Card Program in November 2026. The program, which will initially be available to more than 160,000 qualifying providers nationwide for select outpatient services, is designed to streamline the prior authorization review process while maintaining appropriate clinical and quality standards.The Gold Card Program recognizes providers with a demonstrated track record of following evidence-based clinical guidelines and consistently meeting clinical review requirements. Eligibility is based on objective performance measures, including approval history, documentation quality, compliance with medical policy, and adherence to applicable regulatory requirements. The program is designed to help reduce administrative burden while ensuring that accountability and program integrity remain - all in support of high-quality care for our members. Centene intends to expand the program to other service types and additional providers over time. The program was developed based on feedback gathered anonymously from providers across 24 states and represents the latest step in Centene's ongoing efforts to simplify the healthcare experience for providers and members. "At Centene, we're committed to making it easier for providers to deliver access to high-quality, evidence-based care," said Susan Smith, Chief Operating Officer. "The Gold Card Program was shaped through deep collaboration with providers, ensuring its review process is grounded in the real-world needs of those delivering care every day." Key features of the program include: Gold Card status for qualifying providers, enabling a pre-notification process for eligible services. Reduced administrative touchpoints for providers with a demonstrated history of ordering evidence-based services with high rates of approval for evidence-based care. Objective eligibility criteria based on provider performance, including approval history, documentation quality, compliance with medical policy, and applicable regulatory requirements. Eligible providers will be contacted regarding program requirements, eligibility, and next steps. Program operation may vary based on applicable state and federal requirements. Providers who do not initially qualify will continue to use the standard review process and will have future opportunities to become eligible for the program. To learn more, please visit www.centene.com/provider-gold-card-program. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach with local teams to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com/. SOURCE Centene Corporation |
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2026-10-10 13:59
15d ago
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2026-10-10 09:36
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Centene Q3 2026 Preview: The Quarter Is Easy, The 2027 Bridge Is Not | FMP Stock News | |
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519 FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-10-07 19:32
18d ago
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2026-10-07 14:26
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Centene's Operations Improve: Does the 12.34X P/E Make it a Buy? | FMP Stock News | |
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Key Takeaways Centene's turnaround gains traction as Medicaid margins improve and Marketplace profitability strengthens.CNC raised 2026 adjusted EPS guidance above $4.80, though about 50 cents per share will not recur in 2027.Centene trades at 12.34X forward earnings, below the 15.20X industry average but above its five-year median. Centene Corporation (CNC - Free Report) currently trades at 12.34X forward earnings, above its five-year median of 11.33X, but below the industry average of 15.20X. The stock carries a Value Score of A, suggesting its valuation remains reasonable relative to its earnings outlook. CNC trades at a discount to UnitedHealth Group Incorporated (UNH - Free Report) , at 17.17X, and Elevance Health, Inc. (ELV - Free Report) , at 13.84X.Image Source: Zacks Investment Research What’s Driving CNC’s Rally?Centene shares have jumped 57% year to date, far ahead of the industry’s 16.5% gain, reflecting stronger confidence in the company’s recovery. Investors entered 2026 expecting only a modest rebound after a difficult 2025, but operating results have improved much faster than anticipated. The S&P 500 has gained 14.7% over the same period, while peers UnitedHealth and Elevance Health have returned 14% and 14.2%, respectively. YTD Price Performance: CNC, UNH, ELV, Industry & S&P 500 Image Source: Zacks Investment Research After such a sharp rerating, further upside will likely depend less on recovery expectations and more on evidence that recent margin gains can be sustained into 2027. Can Medicaid Margins Keep Moving Higher?Centene’s Medicaid business is showing progress. The health benefits ratio, or HBR, was 93.9% in the second quarter, improving 100 basis points from a year earlier. For the first half, Medicaid HBR improved to 93.5% from 94.2%. Management expects full-year Medicaid HBR of about 93.5%, slightly better than its original 93.7% outlook. The rate-cost setup has improved, with rate increases running slightly ahead of Centene’s fundamental cost trend, while medical-cost management initiatives are helping contain utilization. The path is unlikely to be smooth. Membership losses, changes in member acuity and utilization remain key risks. The main test will be whether Centene can push Medicaid HBR lower even as enrollment continues to shrink. Can Marketplace Profitability Hold Into 2027?Marketplace has become a stronger part of the turnaround story. Centene raised its 2026 pretax-margin outlook for the business to 4.5-5%, helped by repricing, moderating medical trends and stronger risk-adjustment positioning. Second-quarter results benefited from roughly $180 million of favorable development tied to 2025 Marketplace risk adjustment relative to prior expectations. That benefit is unlikely to repeat. With 2027 products already being priced and policy and enrollment conditions still shifting, investors will be watching whether Centene can protect margins without giving up too much membership. Can the Earnings Recovery Carry Into 2027?Centene raised 2026 adjusted EPS guidance to more than $4.80, but management explicitly said roughly 50 cents per share of 2026 earnings will not recur in 2027, largely reflecting prior-year Marketplace and Medicare settlements. The challenge is whether Medicaid margin improvement, Marketplace profitability, cost savings and Medicare recovery can more than offset that headwind. The Zacks Consensus Estimate calls for 2026 earnings of $4.89 per share, up 135.1% from a year ago. Over the past 60 days, the estimate has seen one upward revision and no cuts. For 2027, analysts expect EPS to rise another 9.2% to $5.34, with two upward revisions and one downward revision over the same period. Revenue growth is much less compelling. The consensus estimate points to revenues of $196.29 billion in 2026, up 0.8%, followed by a slight decline to $192.58 billion in 2027. The numbers make clear that the recovery depends more on margins and execution than on faster top-line growth. Centene has topped earnings estimates in each of the past four quarters, producing an average surprise of 151.3%. Risks Have Eased, but Still RemainCentene remains heavily exposed to government-sponsored healthcare programs, leaving results sensitive to changes in funding, reimbursement and regulation across Medicaid, Medicare and ACA Marketplace plans. Costs also remain a concern. Total operating expenses rose 5.5% in 2023, 5.8% in 2024 and 26.6% in 2025, then increased another 6.6% year over year in the first half of 2026. Pricing actions and tighter cost controls should help, but medical expenses and continued investment could limit margin expansion. Capital efficiency also has room to improve. Centene’s trailing 12-month return on capital stands at 6.8%, below the industry average of 9.9%. Final WordsCentene’s operating recovery has gained traction, with better medical-cost performance and improving profitability driving a much stronger earnings outlook. Its earnings beats and improving estimates provide additional support. However, the strong year-to-date rally leaves less room for execution missteps. Membership losses, nonrecurring 2026 benefits, policy exposure and below-industry capital efficiency remain key risks. At 12.34X forward earnings, CNC still trades below peers and the industry, but the discount is not compelling enough to outweigh those uncertainties, particularly with the stock already trading above its five-year median. Investors may therefore prefer to wait for clearer evidence that margin and earnings gains can extend into 2027. CNC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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2026-10-07 12:10
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2026-10-07 07:00
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Ambetter Health Solutions and Marathon Health Expand Access to Primary Care for Members in Indiana and Missouri | FMP Stock News | |
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Centene Corporation LogoMarathon Health logo The new partnership will provide eligible members with $0 primary care visits, lab services, and virtual care beginning in 2027 , /PRNewswire/ -- Centene Corporation (NYSE: CNC), through Ambetter Health Solutions, today announced a new collaboration with Marathon Health, a leading advanced primary care provider, designed to make primary care easier to access for Ambetter members in select counties across Indiana and Missouri. Available through CHOICE Arrangements (formerly ICHRA), eligible members will have access to $0 primary care visits and lab services, along with virtual primary care through Marathon Health. "Strong primary care can help identify health concerns earlier and give Ambetter's CHOICE members the support they need to manage their health over time," said Alan Silver, President of Ambetter Health Solutions. "By combining the flexibility of CHOICE Arrangements with Marathon Health's advanced primary care model, we're making it easier for employers to offer meaningful healthcare access while helping members get the preventive care, chronic condition support and ongoing provider relationships that can improve long-term health outcomes." Marathon Health's advanced primary care model brings together in-person and virtual care with services such as lab testing, chronic condition support, mental health services, and help navigating the healthcare ecosystem. This coordinated approach is designed to provide a simpler member experience and help address health needs before they become severe. By building trust and delivering care earlier, Marathon's model has demonstrated measurable impact among engaged members: 15% fewer emergency room visits and 41% fewer inpatient admissions. "Access to primary care shouldn't be complicated, and it shouldn't come with barriers that make people delay the care they need," said Ryan Jacobs, Senior Vice President, Strategy & Partnerships, Marathon Health. "This collaboration gives Ambetter members in Indiana and Missouri a direct path to the kind of consistent, trusted provider relationships that keep people healthier and out of high-cost care settings." Eligible members will receive information about available services and how to access care prior to the beginning of the 2027 plan year. To learn more about advanced primary care for health plans, visit Marathon Health. About Ambetter Health Solutions Ambetter Health Solutions, Centene Corporation's off-Exchange Marketplace business offering, delivers individual health insurance plans that are compatible with Individual Coverage Health Reimbursement Arrangements (ICHRA). Available in select states, including Arizona, Florida, Georgia, Ohio, Indiana, Missouri, Mississippi, Kansas, Nebraska, Oklahoma, Tennessee, Texas and South Carolina, these plans empower individuals to choose the coverage that best fits their needs, helping employers control cost while offering greater choice and flexibility to their workforce. For more information on health benefits and health insurance plans in your state, please visit the state specific link on AmbetterHealth.com. About Marathon Health Marathon Health is a leading advanced primary care provider, partnering with employer and union plan sponsors, as well as health plans, to improve health for millions of Americans. With nationwide onsite, nearsite, and network health centers, and virtual primary care, Marathon delivers a value-based model that enhances the healthcare experience for members and providers, while driving meaningful cost savings for plan sponsors. Marathon is proud to be certified as a Great Place to Work®, reflecting the company's commitment to building an inclusive, high-trust culture where all employees can thrive. Learn more at marathon.health. SOURCE Centene Corporation |
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2026-10-06 14:08
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2026-10-06 09:41
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Buy 5 Growth Stocks to Boost Your Portfolio in Q4 After a Mixed Q3 | FMP Stock News | |
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Key Takeaways Quanta Services' backlog hit $53.4 billion, driven by AI, grid modernization and infrastructure spending. FormFactor's HBM growth and advanced packaging demand are fueling semiconductor test opportunities.Semtech's data center sales surged, with 1.6T FiberEdge and CopperEdge broadening its growth opportunity. Third-quarter 2026 was mixed for U.S. stocks. The S&P 500 and the Nasdaq Composite rose 2% and 2.5%, respectively, while, the Dow fell 2.7%. Wall Street witnessed strong July and August partially offset by a volatile September.However, the fourth-quarter of 2026 is likely to remain strong supported by a softer-than-expected inflation, reductions in U.S. government bond yields and crude oil prices. The Fed, too, may not be as aggressive with respect to interest rate hikes as expected. At this stage, we have identified five growth stocks that investors should purchase to strengthen their portfolios in September. Growth investors are primarily focused on stocks with aggressive earnings or revenue growth, which should propel prices higher in the future. The stocks are: Quanta Services Inc. (PWR - Free Report) , FormFactor Inc. (FORM - Free Report) , Semtech Corp. (SMTC - Free Report) , Centene Corp. (CNC - Free Report) and Roku Inc. (ROKU - Free Report) . Each of our picks sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks in the past three months. Image Source: Zacks Investment Research Quanta Services Inc.Quanta Services is well-positioned to capitalize on robust infrastructure spending across utility, power generation, technology and load center markets. The ongoing expansion of AI data centers, grid modernization, renewable generation and advanced manufacturing is driving customers to undertake larger, multi-year infrastructure programs. Surging AI-related power demand and expanding utility investments are driving data center project opportunities, making data centers a central pillar of PWR’s long-term growth strategy. The company is heavily investing in deepening its vertical supply chain to offset the ongoing global uncertainties and rising inflation. These favorable trends helped drive total backlog to a record $53.4 billion as of June 30, 2026, up 49% year over year from $35.8 billion in June 2025. The increase was broad-based, with Electric Infrastructure Solutions backlog rising year over year to $43.8 billion from $30.3 billion, while Underground and Infrastructure Solutions backlog climbed to $9.7 billion from $5.6 billion. Solid Estimate RevisionsQuanta has an expected revenue and earnings growth rate of 38.4% and 55.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.2% over the last seven days. FormFactor Inc.FormFactor is benefiting from robust growth in HBM driven by the rapid adoption of generative AI and high-performance computing. FORM’s strong market position in DRAM, particularly with HBM, is driven by robust demand and the ramp-up of new chip designs like HBM4, expected to further fuel growth in 2026 and beyond. FormFactor benefits as advanced packaging and high-performance compute increase the number and complexity of semiconductor test insertions. Advanced packaging continues to increase test complexity in DRAM, especially as HBM moves to higher speeds. In second-quarter 2026, DRAM revenues reached a record $85 million, with HBM contributing about two-thirds of the total. Management expects third-quarter 2026 DRAM revenues to remain comparable sequentially despite a mix shift toward DDR. FORM’s Foundry and logic revenues increased to $121.8 million in the second quarter from $111.2 million in the first quarter, led primarily by data-center CPU demand on top of networking, custom ASIC, PC and mobile activity. Management expects continued growth in Q3 across its served applications. Co-packaged optics is moving from development toward higher-volume production and is supporting Systems growth. The opportunity is tied to growing CPO chip volumes and FORM’s position at the first wafer-level test insertion for photonic integrated circuits. Solid Estimate RevisionsFormFactor has an expected revenue and earnings growth rate of 31.2% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the last 60 days. Semtech Corp.Semtech is benefiting from rising AI data center networking demand as 800G remains active and 1.6T FiberEdge and CopperEdge ramps broaden its content opportunity. LoRa is extending across industrial, smart-home and mass-market consumer applications, while premium-device protection and sensing add another growth avenue. Portfolio optimization and photonics expansion should support a higher-margin mix, and cash generation is funding capacity and product investment. SMTC’s data center business is scaling as 800G demand is complemented by 1.6T FiberEdge and CopperEdge ramps. In second-quarter fiscal 2027, data center net sales reached a record $100 million, up 39% sequentially and 91% year over year. FiberEdge TIA and driver solutions are designed into every major module provider in the company’s target markets, with some sole-source positions. SMTC expects 1.6T FiberEdge market share to exceed 50% by fiscal 2027-end, while CopperEdge is already capturing the majority of the linear equalizer market. For third-quarter fiscal 2027, management projects data center sales growth of 45% sequentially and 160% year over year, with momentum expected to continue through fiscal 2028. Solid Estimate RevisionsSemtech has an expected revenue and earnings growth rate of 41.5% and more than 100%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 30.8% in the last 60 days. Centene Corp.Centene has established itself as a national leader in healthcare services. It is a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while serving underinsured and uninsured individuals through member-focused services. CNC continues to benefit from disciplined pricing, portfolio optimization, favorable Medicaid rate actions, and strong Medicare Prescription Drug Plan momentum. Strategic acquisitions, partnerships, and ongoing enterprise optimization initiatives are strengthening care delivery, improving operational efficiency, and supporting long-term margin restoration. Solid Estimate RevisionsCentene has an expected revenue and earnings growth rate of 0.8% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 7% over the last 60 days. Roku Inc.Roku continues to benefit from the shift of viewing and advertising budgets from linear television to streaming, with Platform revenue growth supported by Advertising and Subscriptions. ROKU’s scale of more than 100 million streaming households, broader programmatic reach and expanding subscription offering support continued monetization of the Roku Experience. The new Home Screen and AI-powered search could further improve content discovery, retention and advertising opportunities as the rollout expands. ROKU is broadening its advertising model across programmatic demand, enterprise campaigns and self-service tools. Advertising revenues increased 24.8% year over year in the second quarter of 2026 to $672.8 million, while advertising gross margin rose to 62.4%. Solid Estimate RevisionsROKU has an expected revenue and earnings growth rate of 18.5% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.2% over the last 30 days. |
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2026-10-05 16:06
20d ago
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2026-10-05 10:41
20d ago
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Are Investors Undervaluing Centene (CNC) Right Now? | FMP Stock News | |
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is Centene (CNC - Free Report) . CNC is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock holds a P/E ratio of 12.35, while its industry has an average P/E of 14.96. Over the past year, CNC's Forward P/E has been as high as 13.40 and as low as 4.41, with a median of 8.43. CNC is also sporting a PEG ratio of 0.82. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. CNC's PEG compares to its industry's average PEG of 0.83. CNC's PEG has been as high as 0.98 and as low as 0.38, with a median of 0.77, all within the past year. Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CNC has a P/S ratio of 0.15. This compares to its industry's average P/S of 0.28. These are just a handful of the figures considered in Centene's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CNC is an impressive value stock right now. |
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2026-10-02 07:18
23d ago
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2026-10-01 07:00
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Wellcare Unveils 2027 Medicare Offerings Focused on Affordability and Integrated Care | FMP Stock News | |
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Centene Corporation LogoWellcare logo 2027 Wellcare portfolio brings together affordable Medicare coverage and innovative supplemental benefits combined with the nation's largest standalone Medicare Part D platform Provides coordinated Medicare-Medicaid solutions for dual-eligible members , /PRNewswire/ -- Wellcare, the Medicare brand of Centene Corporation (NYSE: CNC), today announced its 2027 Medicare Advantage (MA) and Prescription Drug Plan (PDP) offerings ahead of the Medicare Annual Enrollment Period (AEP), which begins Oct. 15 and runs through Dec. 7. Wellcare's 2027 portfolio is designed to help members navigate healthcare with greater confidence by combining affordable prescription drug coverage, personalized support and benefits that address both medical and everyday needs. For members with more complex health needs, including those eligible for both Medicare and Medicaid, Wellcare offers coordinated solutions designed to simplify the healthcare experience. Wellcare continues to offer affordable prescription drug coverage nationwide through its industry-leading standalone Medicare Part D platform. "Centene's 2027 Medicare offerings bring together deep Medicare and Medicaid expertise to create a more coordinated and seamless experience for members who rely on both programs, while continuing to provide the nation's leading standalone prescription drug plan," said Michael Carson, Group President, Medicare and Specialty at Centene. "By combining thoughtful benefit design, coordinated care capabilities and innovative programs that support overall health, we are helping members — often with complex health needs — obtain affordable access to the care, prescription medications and support services they need to achieve better health." As states continue advancing Medicare-Medicaid alignment efforts, Wellcare's Medicare Dual offerings are designed to support a more integrated member experience while maintaining affordable coverage options. This focus is reflected across the portfolio, with dual-eligible members representing approximately 40% of Wellcare's Medicare Advantage membership and Dual Eligible Special Needs Plan (D-SNP) products accounting for nearly half of the company's 2027 MA plan offerings. The company continues to take a data-informed approach to benefit design, evaluating how supplemental benefits can best support members' health needs and overall well-being. Members who meet the Centers for Medicare & Medicaid Services (CMS) criteria for Special Supplemental Benefits for the Chronically Ill (SSBCI), and enroll in plans offering them, may use the Wellcare Spendables® card to access approved healthy foods and other eligible health-related care designed to address individual health and social needs. Results from the company's study, published earlier this year, demonstrate the meaningful role that access to healthy food and other supportive resources can play in improving outcomes and reducing healthcare costs. Additionally, affordable prescription drug coverage remains a cornerstone of Wellcare's Medicare strategy, particularly for beneficiaries managing chronic conditions. National Leadership in Medicare Prescription Drug Coverage As the nation's leading standalone Medicare Part D provider, Wellcare will continue offering reasonably priced prescription drug coverage nationwide in 2027. 2027 PDP highlights include: Two PDP options (Wellcare Classic and Wellcare Value Script) designed to meet the needs of a broad range of Medicare beneficiaries. Nearly 10 million members across all 50 states Affordable prescription drug coverage, including a low-premium option through Wellcare Value Script. Comprehensive formulary designs offered across both plans. A robust pharmacy network with more than 60,000 pharmacies.* 2027 Medicare Advantage Highlights Wellcare's 2027 Medicare Advantage portfolio is designed to deliver holistic, coordinated, affordable coverage and competitive benefits that support the member's overall health. 2027 Wellcare MA highlights include: The Wellcare Spendables® card to provide members with a simplified way to access and manage covered benefits, including over-the-counter items and qualified dental, vision and hearing expenses. New Brass and Amber dental options to help bridge coverage gaps between existing benefit packages, providing members with greater flexibility and access to additional oral health services. Non-emergency transportation to medical appointments, pharmacies and other health-related destinations. Access to fitness programs and wellness activities that encourage healthy lifestyles and preventive care. For more details about Wellcare's MA plans, visit WellcareNow.com and Medicare PDPs, visit pdpwellcare.com. Benefits and allowance amounts vary by plan. Please call for more details. Allowance amounts cannot be combined with other benefit allowances which may be on the prepaid card. Limitations and restrictions may apply. Wellcare is the Medicare brand for Centene Corporation, an HMO, PPO, PDP plan with a Medicare contract and is an approved Part D Sponsor. Our D-SNP plans have a contract with the state Medicaid program. Enrollment in our plans depends on contract renewal. Wellcare is a DSNP with a Florida Medicaid Contract. The benefit information provided is a brief summary, not a complete description of benefits. For more information contact the DSNP. Limitations, copayments, and/or restrictions may apply. Benefits, preferred drug list, pharmacy network, premium and/or copayments/coinsurance may change. Washington residents: "Wellcare" is issued by Coordinated Care of Washington, Inc. Washington residents: Health Net Life Insurance Company is contracted with Medicare for PPO plans. "Wellcare" is issued by Health Net Life Insurance Company. "Wellcare" is issued by WellCare Prescription Insurance, Inc. Benefits mentioned are a part of Special Supplemental Benefits for the Chronically Ill. Not all members will qualify. In addition to being high-risk, you must have one or more of the following chronic conditions: cancer, cardiovascular disorders, chronic and disabling mental health conditions, chronic lung disorders, diabetes. There are other eligible conditions not listed. Eligibility for this benefit cannot be guaranteed based solely on your condition. All applicable eligibility requirements must be met before the benefit is provided. For details, please contact us or see the plan's Evidence of Coverage/Member Handbook. Wellcare's pharmacy network includes limited lower-cost, preferred pharmacies in rural areas of Nebraska. The lower costs advertised in our plan materials for these pharmacies may not be available at the pharmacy you use. For up-to-date information about our network pharmacies, including whether there are any lower-cost preferred pharmacies in your area, please call 1-844-796-6811 (TTY: 711) for Wellcare Nebraska Total Care Dual Liberty Sync (HMO-POS D-SNP); or call 1-800-977-7522 (TTY: 711) for Wellcare Giveback (HMO-POS) and Wellcare Simple (HMO-POS); or consult the online pharmacy directory at go.wellcare.com/NE. For Wellcare With Superior HealthPlan: For Wellcare Superior HealthPlan Dual Liberty Sync (HMO D-SNP): Wellcare's pharmacy network includes limited lower-cost, preferred pharmacies in rural areas of Texas. The lower costs advertised in our plan materials for these pharmacies may not be available at the pharmacy you use. For up-to-date information about our network pharmacies, including whether there are any lower-cost preferred pharmacies in your area, please call 1-833-444-9089 (TTY: 711) or consult the online pharmacy directory at go.wellcare.com/Medicare. Wellcare's pharmacy network includes limited lower-cost, preferred pharmacies in rural areas of Texas. The lower costs advertised in our plan materials for these pharmacies may not be available at the pharmacy you use. For up-to-date information about our network pharmacies, including whether there are any lower-cost preferred pharmacies in your area, please call 1-800-977-7522 (TTY: 711) for Wellcare Simple (HMO) or call 1-855-445-3556 (TTY: 711) for Wellcare Superior HealthPlan Dual Liberty Sync (HMO D-SNP), or consult the online pharmacy directory at go.wellcare.com/TX. Arizona D-SNP plans: Contract services are funded in part under contract with the State of Arizona. Louisiana D-SNP prospective enrollees: For detailed information about Louisiana Medicaid benefits, please visit the Medicaid website at https://ldh.la.gov/medicaid or https://www.louisianahealthconnect.com. To request a written copy of our Medicaid Provider Directory, please contact us. Wellcare By Allwell (HMO and HMO SNP) includes products that are underwritten by Superior HealthPlan, Inc. Wellcare (HMO and HMO SNP) includes products that are underwritten by WellCare of Texas, Inc., Superior HealthPlan, Inc., and SelectCare of Texas, Inc. *Other Pharmacies/Physicians/Providers are available in our network. Y0020_WCM_6878825E_M SOURCE Centene Corporation |
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2026-09-25 16:14
1mo ago
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2026-09-25 10:41
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Here's Why Centene (CNC) is a Strong Value Stock | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Centene (CNC - Free Report) Founded as a single health plan in Wisconsin in 1984, Centene Corporation has established itself as a national leader in healthcare services. It is today a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while also serving under-insured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. CNC is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 12.66; value investors should take notice. For fiscal 2026, nine analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.42 to $4.89 per share. CNC boasts an average earnings surprise of +151.3%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, CNC should be on investors' short list. |
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2026-09-24 10:52
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2026-09-24 05:40
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Best Growth Stocks to Buy for September 24th | FMP Stock News | |
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 24:National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days. NESR has a PEG ratio of 0.31 compared with 0.52 for the industry. The company possesses a Growth Score of A. KE Holdings Inc. (BEKE - Free Report) : This housing transactions and services company from China carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.2% over the last 60 days. KE Holdings has a PEG ratio of 0.51 compared with 1.79 for the industry. The company possesses a Growth Score of B. Centene Corporation (CNC - Free Report) : This managed care company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40.9% over the last 60 days. Centene has a PEG ratio of 0.40 compared with 1.38 for the industry. The company possesses a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Learn more about the Growth score and how it is calculated here. |
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2026-09-22 19:43
1mo ago
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2026-09-22 13:29
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Health Net Providing Special Assistance to Members and Providers Affected by Weather Events Statewide and Robin Lane Sewage Spill in Lake County | FMP Stock News | |
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, /PRNewswire/ -- Following Gov. Newsom's declaration of a State of Emergency statewide due to weather events and a sewage spill across California, Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is taking immediate action to support those affected. The company's priority is ensuring both its members and healthcare providers have the resources they need during this critical time.This release addresses several different emergencies: September 2025 storms in Imperial and San Bernardino Counties; December 2025 atmospheric rivers in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Shasta Counties; January 2026 Robin Lane Sewage Spill in Lake County; February 2026 storms in Glenn, Humboldt, and Mendocino Counties; September 2026 El Niño event statewide. Member Prescription Information During a declared State of Emergency, impacted members have two options to secure an emergency supply of their medications: Members can fill their prescription at the original pharmacy if it is open. If the original pharmacy is not open, members can call Health Net at 1-800-400-8987. We will suspend refill limitations so they can get their prescriptions at an out-of-network pharmacy. Coping Support for Members Members can call Health Net Behavioral Health Services for crisis support 24 hours a day, seven days a week by calling 1-800-400-8987 (TTY: 711). This includes: Support to help them deal with grief, stress or trauma Referrals to mental health counselors, local services and telephone consultations Members: Video Medical Appointments If members cannot reach their primary care provider during a declared State of Emergency, Health Net offers telehealth services at no cost. Members can find appointment instructions in two places: On the back of their Health Net ID card On HealthNet.com after registering and signing in Access to Social Services To connect with local community resources, members can call 2-1-1 or visit 211.org for help with: Emergency shelter, food and transportation Social services and financial assistance Legal guidance from verified agencies Information for Healthcare Providers During a declared State of Emergency, doctors and nurse practitioners may call Health Net at 1-800-641-7761 for assistance. To support these participating providers in affected areas, Health Net will: Extend grace periods for notifications, beginning on the admission date, for acute services, post-acute care, durable medical equipment (DME), medical supplies and home health care services Waive prior authorization – however, our notification requirement will remain in effect despite relaxed deadlines In addition, Health Net will: Authorize out-of-network services if a contracting provider or facility becomes unavailable Grant post-admission notification approvals for impacted facilities. Accept updated clinical documentation for continued-stay reviews. Authorize the replacement of medical equipment or supplies. Suspend prescription refill limitations for impacted enrollees Ongoing Support & Updates As the situation evolves, Health Net may take further action to support members and providers. For the latest updates, visit HealthNet.com. About Health Net Founded in California more than 45 years ago, Health Net, a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services, employee assistance programs and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com. SOURCE Health Net, LLC |
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2026-09-22 17:16
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2026-09-22 12:22
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Stockton Seniors Gain Access to 76 Affordable Homes with Health Net's $3 Million Investment | FMP Stock News | |
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Mutual Housing California's Fairview Terrace will help income-qualified older adults in San Joaquin County find stable, affordable housing and remain connected to the community they call home STOCKTON, Calif., Sept. 16, 2026 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), announced a $3 million grant to Mutual Housing California to support the development of Fairview Terrace, a new affordable housing community for income-qualified seniors in Stockton. |
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2026-09-22 14:49
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2026-09-22 10:31
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3 Momentum Anomaly Stocks to Buy as Markets Surge on AI Rally | FMP Stock News | |
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Key Takeaways Centene gained 98.75% over the past year but fell 6.4% in the past week, with a Momentum Score of A.BrightSpring surged 102.4% over the past year but lost 7.4% in the past week, with a Momentum Score of A.Delek jumped 129.8% in the past year but slipped 0.1% in the past week, with a Momentum Score of A. The broader U.S. equity markets rose sharply yesterday as oil prices declined and sovereign bond yields pulled back. AI-related stocks primarily led the rally, with leading blue-chip firms rebounding sharply. This followed a lackluster last week, when spiraling oil prices and political uncertainty forced the Federal Reserve to hike interest rates by a quarter point to tame inflationary pressures. Although crude oil prices have cooled off since then, the Middle East war tensions refused to abate.The latest escalation over the weekend was triggered by missile and drone attacks by Iran-backed Houthis on Saudi Arabia. This has led to renewed military action between the United States and its allies against Iran, leading to heightened uncertainty in the region, with markets bracing for highly volatile trading sessions in the near future. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like Centene Corporation (CNC - Free Report) , BrightSpring Health Services, Inc. (BTSG - Free Report) and Delek US Holdings, Inc. (DK - Free Report) , when value or growth investing fails to generate the desired profits. This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again. Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is not easy. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price. Screening Parameters for Momentum Anomaly StocksPercentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year. Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price. Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here. Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process, as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks. Current Price Greater Than $5: The stocks must all be trading at a minimum of $5. Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price. Average 20-Day Volume Greater Than 100,000: A substantial trading volume ensures that these stocks are easily tradable. Here are three of the four stocks that made it through this screen: Headquartered in Saint Louis, MO, Centene has established itself as a leading player in healthcare services. This well-diversified healthcare company primarily provides services to government-sponsored healthcare programs, while also serving underinsured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. The stock has gained 98.75% over the past year but lost 6.4% over the past week. Centene has a Momentum Score of A. Headquartered in Louisville, KY, BrightSpring is a national home and community-based healthcare services platform, integrating pharmacy and provider care for medically complex patients across Medicare, Medicaid and commercial payors. The stock has surged 102.4% over the past year but declined 7.4% over the past week. BrightSpring has a Momentum Score of A. Brentwood, TN-based Delek is an independent refiner, transporter and marketer of petroleum products. The refining assets consist primarily of refineries operated in Tyler and Big Spring, TX, El Dorado, AR and Krotz Springs, LA, with a combined nameplate crude throughput capacity of 302,000 barrels per day. The stock has surged 129.8% in the past year but declined 0.1% in the past week. Delek has a Momentum Score of A. |
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2026-09-22 14:49
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2026-09-22 10:41
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Is Centene (CNC) Stock Outpacing Its Medical Peers This Year? | FMP Stock News | |
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For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Centene (CNC - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Centene is one of 916 individual stocks in the Medical sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Centene is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for CNC's full-year earnings has moved 42.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. According to our latest data, CNC has moved about 57.9% on a year-to-date basis. Meanwhile, the Medical sector has returned an average of 2.3% on a year-to-date basis. As we can see, Centene is performing better than its sector in the calendar year. Another Medical stock, which has outperformed the sector so far this year, is Alzamend Neuro, Inc. (ALZN - Free Report) . The stock has returned 6.6% year-to-date. Over the past three months, Alzamend Neuro, Inc.'s consensus EPS estimate for the current year has increased 59.6%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Centene belongs to the Medical - HMOs industry, a group that includes 7 individual stocks and currently sits at #32 in the Zacks Industry Rank. On average, this group has gained an average of 16.3% so far this year, meaning that CNC is performing better in terms of year-to-date returns. On the other hand, Alzamend Neuro, Inc. belongs to the Medical - Biomedical and Genetics industry. This 437-stock industry is currently ranked #165. The industry has moved +7% year to date. Centene and Alzamend Neuro, Inc. could continue their solid performance, so investors interested in Medical stocks should continue to pay close attention to these stocks. |
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2026-09-22 12:18
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2026-09-22 08:05
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How Centene's Strong Cash Flow Is Reshaping Its Balance Sheet | FMP Stock News | |
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Key Takeaways Centene generated nearly $8 billion from operations in the first half, aided by payment timing.Centene cut its debt-to-capital ratio to 41.6% by repurchasing $1.3 billion of senior notes.Monetizing $1 billion in Part D receivables generated $970 million to partially redeem senior notes. Centene Corporation’s (CNC - Free Report) balance sheet is becoming an increasingly important part of the investment story. Stronger cash flow is giving the company room to reduce debt while preserving financial flexibility. That matters as the insurer works through payment-timing swings and navigates a shifting healthcare environment.Centene generated nearly $8 billion from operations in the first half, partly reflecting the timing of Medicaid pass-throughs and working capital movements. More than $3 billion of Medicaid pass-through payments is expected to be paid out in the third quarter. While this should weigh on near-term cash, these payments do not affect key operating metrics such as the Health Benefits Ratio, SG&A expense ratio, or Days Claims Payable. The company is also using receivables to support its balance-sheet improvement. In March 2026, it monetized a $1 billion participating interest in 2025 Part D risk-sharing receivables, generating $970 million to partially redeem senior notes. This gives Centene another source of liquidity beyond operating cash flow. The impact is already visible in leverage. CNC repurchased $1.3 billion of senior notes in the first half, pushing its debt-to-capital ratio down to 41.6% from 46.5% as of year-end. With $981 million remaining under its repurchase authorization and no borrowings under its revolving credit facility, the focus now shifts to how effectively Centene uses its cash generation to further improve the balance sheet while funding operations. How Are Competitors Faring?Some of CNC’s major competitors in the managed-care space are Molina Healthcare, Inc. (MOH - Free Report) and Elevance Health, Inc. (ELV - Free Report) . Molina Healthcare is also focused on strengthening cash generation while managing medical-cost pressure across its businesses. MOH’s operating cash flow improved to $788 million in the first half of 2026 from an outflow of $112 million a year earlier, despite its MCR increasing to 92.2%. Elevance Health is balancing Medicaid payment timing with continued medical-cost pressures. ELV generated $1.9 billion of operating cash flow in the second quarter and ended June with $2.1 billion of parent-company cash and investments, providing added flexibility to support its balance-sheet and capital needs. Centene’s Price Performance, Valuation & EstimatesShares of CNC have gained 58.2% in the year-to-date period compared with the industry’s growth of 16.5%. Image Source: Zacks Investment Research From a valuation standpoint, Centene trades at a forward price-to-earnings ratio of 12.48, below the industry average of 15.25. CNC carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Centene’s 2026 earnings is pegged at $4.89 per share, implying 135.1% growth from the year-ago period’s level. Image Source: Zacks Investment Research CNC stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. |
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2026-09-21 16:35
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2026-09-21 10:50
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Centene (CNC) is a Top-Ranked Momentum Stock: Should You Buy? | FMP Stock News | |
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Centene (CNC - Free Report) Founded as a single health plan in Wisconsin in 1984, Centene Corporation has established itself as a national leader in healthcare services. It is today a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while also serving under-insured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. CNC is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A. Momentum investors should take note of this Medical stock. CNC has a Momentum Style Score of B, and shares are up 0.1% over the past four weeks. Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $1.42 to $4.89 per share. CNC boasts an average earnings surprise of +151.3%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CNC should be on investors' short list. |
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2026-09-20 06:22
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2026-09-20 01:02
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Centene Reaffirms 2026 EPS Outlook as Medicaid Membership Decline Deepens | FMP Stock News | |
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MarketBeat Week in Review – 07/07 - 07/11Centene NYSE: CNC reaffirmed its 2026 adjusted diluted earnings-per-share guidance of more than $4.80 at the Deutsche Bank Healthcare Summit, with Chief Executive Officer Sarah London saying the company’s performance through the first two months of the third quarter was in line with expectations.London said third-quarter trends across Centene’s businesses have remained broadly consistent with the second quarter. The company continues to expect a 4.5% to 5% margin in its marketplace business for 2026, while targeting break-even or better results in Medicare Advantage in 2027 and continued margin improvement thereafter. Get Centene alerts: Medicaid rates and work requirements Why Centene Stock Dropped 40% — And Whether It's a Buy NowIn Medicaid, London said state rate developments remain consistent with Centene’s full-year composite rate outlook of roughly 5%. The company continues to target a 93.5% health benefits ratio for 2026, reflecting year-over-year margin improvement. Centene expects Medicaid membership to decline by 9% by year-end, compared with its earlier 6% to 8% expectation. London attributed the change partly to states tightening eligibility processes ahead of work requirements and, in some cases, advancing elements of implementation. Top Analyst-Rated Healthcare Stocks to Watch NowMost states are expected to use monthly eligibility checks for work requirements, which London said should create a more gradual membership impact during 2027 and 2028. Centene is building data interfaces with states to support eligibility determinations and plans to use its employment programs, nonprofit partnerships and member outreach resources to help eligible members maintain coverage. “The goal is to get folks engaged and working and engaged in the community because we know that that actually drives better health outcomes,” London said. Cost trends in Medicaid have generally remained in line with expectations, according to London. Behavioral health, home and community-based services, and high-cost drugs continue to be areas of focus. She said Centene has seen some year-over-year improvement in behavioral health trends, particularly in applied behavior analysis services, following efforts to steer members toward higher-quality providers and address fraud, waste and abuse. Chief Financial Officer Drew Asher said Centene can quantify the impact of specific fraud, waste and abuse cases and is using artificial intelligence-supported tools to identify potentially problematic claims more quickly. The company has developed a “trust factor” using roughly 70 data points, he said, allowing it to pend claims for review more rapidly. Medicare strategy centers on dual-eligible members Centene is simplifying its Medicare Advantage portfolio for 2027, concentrating on dual-eligible and complex populations in markets where it can leverage its Medicaid footprint and local resources. London said the company is prioritizing sustainable profitability rather than membership growth. The company continues to expect its Medicare Advantage business to reach break-even or better in 2027. London said Centene’s quality performance improved on a raw-measure basis, though the company has also prepared for pressure from changes in the Medicare Star Ratings program and rising performance cut points. Centene is advocating for reforms to the Star Ratings system that would better account for the complexity of dual-eligible populations and rely more heavily on empirical, digitally measured clinical outcomes. London said a broad reform effort would likely take time, given the complexity of altering a prospective quality program. Asher said Medicare Advantage utilization trends have been stable during 2026, with outpatient services and high-cost drugs representing modest areas of pressure. Centene’s Medicare Advantage trend outlook for 2027 remains elevated relative to historical levels, he said. Part D and marketplace outlook Centene said its standalone Medicare Part D business remains on track to generate margins above 3% in 2026. Asher attributed performance partly to the company’s cost structure and its ability to procure pharmacy benefit management services externally rather than operating its own PBM. The company is positioned below benchmark in all 34 of its Part D regions for 2027. Asher said Centene did not rely on the continuation of premium subsidy demonstrations in its bidding assumptions and expects the business to remain in the 3% margin range over the long term, although final 2027 guidance will depend on competitive landscape data and membership distribution. In the Affordable Care Act marketplace business, London said Centene has accounted for the expected impact of Centers for Medicare & Medicaid Services program-integrity initiatives in its 2026 guidance. The company has also included expected membership attrition and potential risk-adjustment effects in its outlook. “Everything we’ve seen month to month … has largely developed in line with expectation,” London said of marketplace enrollment trends. Leadership transition and organizational changes Centene also addressed its finance leadership transition. Asher said his planned departure includes a lengthy handoff period: Chris Neczypor will join for four months before becoming CFO on Jan. 1, while Asher will remain with the company through 2027 to support areas including 2028 bids. London said Centene’s recent restructuring efforts have focused on redesigning the company around the capabilities and talent needed to deliver health outcomes with an industry-leading cost structure. She acknowledged that organizational change can be difficult but said employees have rallied around the company’s mission and next phase of execution. About Centene (NYSE:CNC)Centene Corporation NYSE: CNC is a managed-care company that provides health insurance and related healthcare services, primarily through government-sponsored programs. Its offerings include Medicaid, Medicare Advantage and Medicare Prescription Drug plans, coverage for individuals and families through the health insurance marketplace, and health services for military families and veterans. The company markets several healthcare brands, including Ambetter, which provides marketplace plans, and Wellcare, which offers Medicare products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Centene Right Now?Before you consider Centene, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centene wasn't on the list. While Centene currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
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2026-09-18 15:11
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2026-09-18 10:41
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Is Centene (CNC) Stock Undervalued Right Now? | FMP Stock News | |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One stock to keep an eye on is Centene (CNC - Free Report) . CNC is currently sporting a Zacks Rank #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 12.35, while its industry has an average P/E of 15.27. CNC's Forward P/E has been as high as 13.40 and as low as 4.41, with a median of 8.43, all within the past year. Investors will also notice that CNC has a PEG ratio of 0.82. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. CNC's PEG compares to its industry's average PEG of 0.85. Over the last 12 months, CNC's PEG has been as high as 0.98 and as low as 0.38, with a median of 0.77. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CNC has a P/S ratio of 0.16. This compares to its industry's average P/S of 0.29. These figures are just a handful of the metrics value investors tend to look at, but they help show that Centene is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CNC feels like a great value stock at the moment. |
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2026-09-18 15:11
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2026-09-18 10:46
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Employer Health Costs Surge: What it Means for EHTH, CNC & UNH | FMP Stock News | |
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Key Takeaways eHealth says 54% of smaller employers expect 2027 premium hikes of at least 10%.EHTH says 73% of surveyed employers are considering dropping traditional health insurance benefits in 2027.CNC and UNH are expanding ICHRA presence as employer interest in individual coverage grows. eHealth, Inc. (EHTH - Free Report) recently said small and mid-sized employers are facing a sharp jump in health insurance costs for 2027, pushing many to rethink traditional group coverage. Its survey of more than 500 business owners and managers found that 54% expect premium increases of at least 10%, while more than one in five face hikes of 15% or higher.Employer Health Costs Are Heading HigherLast month, Aon plc (AON - Free Report) projected that U.S. employer healthcare costs will rise 9.5% in 2027 before employers take steps to rein in expenses. Aon links the increase not only to higher prices but also to greater healthcare utilization and a more expensive mix of services. Marsh & McLennan Companies, Inc. (MRSH - Free Report) expects an even steeper 11% increase before cost-control measures, moderating to 8.2% after employers make planned benefit changes. That would mark the sharpest increase in employer health benefit costs since 2003, even after cost-containment efforts. Marsh also found that 59% of employers plan benefit changes, including higher deductibles, as companies try to contain spending. It attributes the expected increase to several factors, including costly new therapies, higher provider rates, broader use of GLP-1 weight-loss drugs, AI-supported medical billing and out-of-network charges. GLP-1 drugs alone are projected to contribute roughly one percentage point to health benefit cost growth in 2027. Why CHOICE/ICHRAs Are Gaining AttentioneHealth CEO Derrick Duke said that rising costs are making it harder for employers to use health benefits to attract and retain workers. The company sees growing interest in alternatives such as Custom Health Option and Individual Care Expense (CHOICE) Arrangements, also known as Individual Coverage Health Reimbursement Arrangements (ICHRAs), which can offer employers more cost certainty, flexibility and simpler administration. The numbers suggest that higher premiums are starting to change how smaller employers think about providing health benefits. Among companies facing rate increases, 80% said the size of the hike surprised them. The bigger concern is that 73% are considering moving away from traditional group coverage in 2027. Another 85% worry they may be unable to afford group coverage within three years. Meanwhile, 58% are already pursuing alternatives, while awareness of CHOICE Arrangements rose to 57% from 46% a year earlier, a meaningful eleven-point increase. What the Shift Could Mean for eHealthFor eHealth, this trend could expand the market for employer-funded individual coverage. If more small and mid-sized companies move away from fully insured group plans, demand could rise for CHOICE Arrangements and other options that eHealth can help employers and workers evaluate. That could expand lead volumes, policy enrollments and commission opportunities. The survey also suggests that employers have reasons beyond premiums to consider alternatives: 79% view plan administration as a burden, while 72% report at least one dissatisfaction with current coverage. eHealth currently has a Zacks Rank #3 (Hold). Health Insurers Position for ICHRA GrowthMeanwhile, health insurers such as Centene Corporation (CNC - Free Report) could also benefit as employers move toward individual coverage models. Centene says ICHRA adoption among businesses rose 34% from 2024 to 2025, signaling stronger interest in the model. Through Ambetter Health Solutions, CNC is targeting this opportunity with ICHRA-compatible plans available in 13 states in 2026. Continued adoption could help Centene attract additional members, lift premium revenues and broaden its reach in the employer-linked individual market. Centene currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The earnings outlook also remains favorable. The Zacks Consensus Estimate for CNC’s 2026 EPS stands at $4.89, implying a 135.1% year-over-year surge, while the 2027 estimate of $5.34 points to another 9.2% increase. Both estimates received nine upward revisions over the past 60 days and no downward revisions. CNC beat earnings estimates in each of the past four quarters, with an average surprise of 151.3%. UnitedHealth Group Incorporated (UNH - Free Report) is also building its presence in the ICHRA market through a major expansion of UnitedHealthcare’s off-exchange individual plans, which can be paired with employer-funded reimbursements. In 2026, UnitedHealth more than quadrupled its off-exchange offerings and entered 20 additional states. The wider footprint gives employees using ICHRAs a broader set of coverage choices and could help UnitedHealthcare capture additional enrollment if adoption continues to rise. It currently has a Zacks Rank #2 (Buy). The consensus estimates for UNH’s 2026 and 2027 EPS are $19.82 and $22.54, indicating growth of 21.2% and 13.7%, respectively. Both estimates saw six upward revisions over the past 60 days and no downward movements. UNH topped earnings estimates in each of the past four quarters, delivering an average surprise of 12.1%. |
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2026-09-17 17:14
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2026-09-17 12:31
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Can Centene Sustain Its Turnaround Amid Membership Pressure? | FMP Stock News | |
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Key Takeaways Centene's Q2 EPS reached $2.51 as better medical cost trends drove a profitability recovery.Centene expects Medicaid membership to decline 8%-9% in 2026, keeping enrollment under pressure.Marketplace and Medicare profitability, higher Medicaid rates and cost initiatives support recovery. Centene Corporation (CNC - Free Report) is showing tangible signs of a profitability recovery, with second-quarter 2026 results reflecting better medical cost trends and stronger execution. Premium and service revenues increased 4.5% year over year, while adjusted EPS rose to $2.51 from a loss of 16 cents a year ago. CNC reaffirmed its 2026 adjusted EPS guidance floor to above $4.80. Its consolidated health benefits ratio improved to 89.6% from 93% a year ago.Marketplace profitability has supported the recovery. Centene expects the business to generate a 4.5%-5% pretax margin in 2026, helped by better risk adjustment and moderating medical costs. Medicare is also progressing, with the PDP business expected to deliver a pretax margin above 3% and Medicare Advantage moving closer to breakeven. Membership remains the main pressure point. Medicaid enrollment ended the second quarter of 2026 at 12.1 million, down 5.5% year over year, while Marketplace membership stood at roughly 3.5 million. Centene expects further attrition as eligibility reviews continue, with full-year Medicaid membership projected to decline 8%-9% from year-end 2025. Improving Medicaid rates could cushion some of the impact. CNC raised its expected 2026 Medicaid rate increase to about 5%, while medical-cost trends remain in the mid-4% range. Continued progress in behavioral health, payment integrity and affordability initiatives could also support gradual margin recovery. Centene is simultaneously simplifying its operating model and expanding technology and AI use to reduce costs. These efforts, combined with stronger Marketplace and Medicare profitability, provide a foundation for further recovery, though sustained improvement will depend on managing membership losses. How Are Competitors Faring?Some of CNC’s major competitors in the healthcare service provider space are UnitedHealth Group Incorporated (UNH - Free Report) and Humana Inc. (HUM - Free Report) . UnitedHealth is navigating similar membership and medical-cost pressures, particularly in Medicare Advantage and Medicaid. Still, its diversified Optum operations and cost-management efforts are supporting recovery. UNH raised its 2026 adjusted EPS outlook to $19.50-$20 following second-quarter results. Humana is seeing strong Medicare Advantage membership growth while working to improve the profitability of its expanded member base. HUM’s CenterWell is adding another growth driver, with senior primary care patients up 27% through June 2026, supporting broader earnings diversification. Centene’s Price Performance, Valuation & EstimatesShares of CNC have surged 60.4% in the year-to-date period compared with the industry’s growth of 17.8%. Image Source: Zacks Investment Research From a valuation standpoint, Centene trades at a forward price-to-earnings ratio of 12.67, below the industry average of 15.44. CNC carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Centene’s 2026 earnings is pegged at $4.89 per share, implying 135.1% growth from the year-ago period. Image Source: Zacks Investment Research CNC stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. |
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2026-09-17 14:48
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2026-09-17 10:15
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4 Value Stocks to Buy as Fed Rate Hikes Test Wall Street | FMP Stock News | |
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U.S. equities came under pressure after the Federal Reserve raised its benchmark interest rate by 25 basis points, marking its first increase since 2023. The move lifted the federal funds target range to 3.75%-4% and weighed on both stocks and bonds. The Dow Jones Industrial Average declined 631.2 points, or 1.2%, while the S&P 500 slipped 0.45%. The Nasdaq Composite proved relatively resilient.The policy shift comes as inflation remains above the Fed’s 2% target, with higher oil prices stemming from the widening conflict in the Middle East contributing to inflation. The central bank indicated that another rate hike could occur before the end of the year, reinforcing expectations that monetary policy may remain restrictive for a longer duration. Against this backdrop, value stocks may offer investors a compelling way to navigate a higher-rate environment. Focusing on fundamentally sound companies trading at reasonable valuations could help investors balance risk while positioning for long-term returns. When evaluating value stocks, one of the most effective valuation metrics is the Price-to-Cash Flow (P/CF) ratio. A lower P/CF ratio generally indicates a more attractively valued stock. Companies such as Avnet, Inc. (AVT - Free Report) , Centene Corporation (CNC - Free Report) , Signet Jewelers Limited (SIG - Free Report) and Lifetime Brands, Inc. (LCUT - Free Report) currently stand out based on this measure. Why Price-to-Cash-Flow Metric?Price-to-Cash-Flow metric evaluates the market price of a stock relative to the amount of cash flow that the company is generating on a per-share basis — the lower the number, the better. One of the important factors that makes P/CF a highly dependable metric is that operating cash flow adds back non-cash charges such as depreciation and amortization to net income, truly diagnosing a company's financial health. Analysts caution that a company’s earnings are subject to accounting estimates and management manipulation. However, cash flow is reliable. Net cash flow unveils how much money a company is actually generating and how effectively management is deploying the same. Positive cash flow indicates an increase in a company’s liquid assets. It gives the company the means to settle debt, meet its expenses, reinvest in its business, endure downturns and finally pay back its shareholders. Negative cash flow implies a decline in the company’s liquidity, which in turn lowers its flexibility to support these moves. What’s the Best Value Investing Strategy?An investment decision based solely on the P/CF metric may not yield the desired results. To identify stocks that are trading at a discount, you should expand your search criteria and also consider the price-to-book ratio, price-to-earnings ratio, and price-to-sales ratio. Adding a favorable Zacks Rank and a Value Score of A or B to your search criteria should lead to even better results as these eliminate the chance of falling into a value trap. Here are the parameters for selecting true-value stocks: P/CF less than or equal to X-Industry Median. Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher. Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable. P/E using (F1) less than or equal to X-Industry Median: This parameter shortlists stocks that are trading at a discount or are equal to their peers. P/B less than or equal to X-Industry Median: A lower P/B compared with the industry average implies that there is enough room for the stock to gain. P/S less than or equal to X-Industry Median: The P/S ratio determines how a stock price compares to the company’s sales — the lower the ratio, the more attractive the stock is. PEG less than 1: The ratio is used to determine a stock's value by taking the company's earnings growth into account. The PEG ratio gives a more complete picture than the P/E ratio. A value of less than 1 indicates that the stock is undervalued and that investors need to pay less for a stock that has robust earnings growth prospects. Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment. Value Score of less than or equal to B: Our research shows that stocks with a Style Score of A or B, when combined with Zacks Rank #1 or 2, offer the best upside potential. Here are four of the 14 value stocks that qualified the screening: Avnet, a leading global technology distributor and solutions provider, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 13.8%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Avnet’s current financial-year sales and EPS indicates growth of 23.5% and 84.3%, respectively, from the year-ago period. AVT has a Value Score of B. Shares of AVT have surged 72.8% over the past year. Centene Corporation, a leading healthcare enterprise, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 151.3%, on average. The Zacks Consensus Estimate for Centene Corporation’s current financial-year sales and EPS implies growth of 0.8% and 135.1%, respectively, from the year-ago period. CNC has a Value Score of A. Shares of CNC have soared 105.1% over the past year. Signet, a leading specialty jewelry retailer operating brands such as Kay Jewelers, Zales, Jared and Diamonds Direct, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 86.6%, on average. The Zacks Consensus Estimate for Signet’s current financial-year sales and EPS indicates growth of 0.8% and 21.9%, respectively, from the year-ago period. SIG has a Value Score of A. Shares of SIG have risen 6.2% over the past year. Lifetime Brands, a leading global provider of branded kitchenware, tableware and other products, carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 271.1%, on average. The Zacks Consensus Estimate for Lifetime Brands’ current financial-year sales and EPS indicates growth of 4.4% and 156.8%, respectively, from the year-ago period. LCUT has a Value Score of A. Shares of LCUT have gained 108.5% over the past year. |
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2026-09-17 00:10
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2026-09-16 18:31
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Centene Corporation (CNC) Presents at Deutsche Bank 2026 Healthcare Summit Transcript | FMP Stock News | |
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Centene Corporation (CNC) Deutsche Bank 2026 Healthcare Summit September 16, 2026 9:00 AM EDTCompany Participants Sarah London - CEO & Director Andrew Asher - Executive VP & CFO Conference Call Participants George Hill - Deutsche Bank AG, Research Division Presentation George Hill Deutsche Bank AG, Research Division Good morning, everybody, and welcome to the DB Healthcare Summit. I'm George Hill. I'm the Health Care Technology and Services Analyst at DB. I cover the MCOs and a bunch of the health care technology stuff. I call it the stuff. I'm very happy to have with us this morning Centene CEO, Sarah London; and CFO, Drew Asher. Good morning, guys. Thanks for coming back. Sarah, you guys reiterated your 2026 guidance this morning of at least $4.80. I thought I would kick it to you to start. I guess just talk to us about the reiterated guidance. Any other introductory comments that you want to make? And then for Sarah, Drew, if there's anything that you want to say as it relates to utilization or the moving pieces or if there's anything different, would love to hear what you guys have to say to kick it off. Sarah London CEO & Director Happy to provide a couple of updates on the quarter and then go deeper into any of it. Obviously, reiterated our full year adjusted diluted EPS guidance of greater than $4.80 this morning. I'm pleased with the trajectory of the business through 2 months of the quarter. We are in line with expectations. Trends that we're seeing in Q3 broadly across lines of business consistent with trends that we saw in Q2. Some of the highlights per business line. So Medicaid rates are coming in, in line with expectations and consistent with that 5% composite full year outlook for rates overall. In addition |
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2026-09-16 19:18
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2026-09-16 14:56
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Oscar Health vs. Centene: Which ACA Insurer Is the Better Buy? | FMP Stock News | |
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Key Takeaways CNC's diversified market presence, price appreciation and cash generation give it an edge over OSCR.Oscar Health membership rose 46% to 2.96 million. Q2 revenues jumped 70% to $4.88 billion.Centene's Q2 HBR improved 340 basis points to 89.6%, while 2026 revenue guidance was raised to $173-$177B. The U.S. health insurance industry benefits from diversified, cost-effective plans that generate steady premium income and support contract renewals. However, tighter Medicaid eligibility and lower Affordable Care Act (ACA) enrollment could put pressure on membership and reimbursements. Demand for Medicare products should remain strong as the population ages, driving enrollment and premium growth. Meanwhile, investments in telehealth, AI, cloud computing and data analytics are enhancing efficiency and patient engagement despite near-term costs. Strategic M&A also supports market expansion and operational diversification.Against this backdrop, let’s assess which company is better positioned with sustainable long-term prospects: Oscar Health (OSCR - Free Report) or Centene Corporation (CNC - Free Report) . Oscar Health is a leading healthcare technology company built around a full-stack technology platform. It is well-positioned for sustained growth as it strengthens its presence in the expanding U.S. individual health insurance market. Centene has established itself as a national leader in healthcare services. It primarily provides a set of services to government-sponsored healthcare programs, while also serving underinsured and uninsured individuals through member-focused services. The Case for OSCRStructural shifts in employment—including the rise of gig work, part-time roles, self-employment, and early retirement—are fueling demand for portable health insurance outside traditional employer-sponsored plans. Oscar Health is well-placed to capture this shift through its differentiated technology platform, which integrates plan design, member engagement, care navigation, claims processing, and provider management. Its Individual Coverage Health Reimbursement Arrangements, Lucie Health marketplace and Trove Group further extend growth opportunities beyond core insurance. Strong membership growth reflects rising adoption of Oscar's offerings. Membership reached 2.96 million as of June 30, 2026, up 46% year over year, while second-quarter revenues jumped 70% to $4.88 billion on membership gains and premium-rate increases. Oscar expects full-year 2026 revenues of $18.7–$19.0 billion, underscoring its expanding scale in the individual insurance market. The company plans to enter over 150 additional metropolitan statistical areas by 2027, with disciplined pricing, consumer-focused products, and a scalable technology platform expected to sustain growth in the ACA marketplace. Oscar's strategy also aligns with broader healthcare trends—rising costs, consumerization, digitization, and personalization—positioning it for a potentially durable competitive edge as the industry evolves. Management targets a 20% revenue CAGR through 2027 and a 5% operating margin next year, with technology and AI initiatives, fixed-cost leverage, and lower risk-adjustment expenses as a share of premiums already improving the expense ratio. Oscar's financial position has also strengthened, with roughly $4.08 billion in cash and equivalents and $6.08 billion in investments as of June 30, 2026, against long-term debt of just $432 million—providing flexibility to meet capital requirements, fund technology investment, and support continued growth. The Case for CNCDemand for Centene's health plans should remain structurally supported by aging populations, growing Medicaid outsourcing, and persistent need for affordable individual coverage. Following a challenging 2025, the company is showing durable earnings recovery, driven by disciplined cost and medical management. Profitability stabilized faster than investors anticipated, corrective Marketplace pricing began gaining traction, and Centene pared back exposure to inadequately priced plans. The company is also reshaping its membership mix. While total membership declined to 25.9 million at quarter-end as Centene restructured its book, prescription drug plan membership rose 12.2% year-over-year and Individual and Commercial Group membership climbed 10.5%, reflecting targeted growth in select segments. Centene is bolstering fraud prevention and payment integrity through AI-driven analytics that flag unusual claims earlier and strengthen oversight, while also applying advanced analytics to medical-cost forecasting, pricing and operating decisions. The company continues working with states to secure rates better aligned with member needs, utilization trends, and post-redetermination risk profiles. Combined with firmer Marketplace pricing and tighter cost discipline, these efforts point toward a clearer path to margin stability — reflected in the second-quarter health benefits ratio (HBR), which improved 340 basis points year over year to 89.6%. Management raised 2026 premium and service revenue guidance to $173–$177 billion, up from $171–$175 billion, while projecting full-year HBR of 90.5%–91.3%, an improvement from 91.9% in 2025 (though still above 88.3% in 2024). This suggests that recent pricing and cost actions are beginning to support underwriting results. The balance sheet also strengthened. Long-term debt fell 7.6% from year-end 2025 to $16 billion, cash and equivalents rose 35% to $24.2 billion, and operating cash flow reached $8 billion in first-half 2026, up 142.4% year over year, partly aided by favorable timing. Estimates for OSCR and CNC The Zacks Consensus Estimate for OSCR’s 2026 and 2027 revenues implies a 60.8% and 9.6% year-over-year increase, respectively. EPS estimates for 2026 and 2027 imply a 191.1% and 15.8% year-over-year increase, respectively. EPS estimates for 2026 and 2027 witnessed no movement in the past 30 days. The expected long-term earnings growth rate is pegged at 44.2% and the company has a Growth Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CNC’s 2026 revenues implies a 0.8% increase, whereas the same for 2027 suggests a 1.9% year-over-year decrease. EPS estimates for fiscal 2026 and 2027 indicate a 135.1% and a 9.2% year-over-year increase, respectively. EPS estimates for 2026 witnessed no movement but those for 2027 moved 1 cent south in the past 30 days. The expected long-term earnings growth rate is pegged at 32.4% and the company has a Growth Score of A. Image Source: Zacks Investment Research Price Performance of OSCR and CNCOSCR shares have gained 2.8% in the past month, while CNC shares have gained 5% in the same time. Image Source: Zacks Investment Research Are OSCR and CNC Shares Expensive?OSCR is trading at a trailing 12-month price-to-tangible book value multiple of 5.26, higher than its median of 3.9 over the past three years. CNC’s trailing 12-month price-to-tangible book value multiple sits at 4.43, lower than its median of 7.17 over the past three years. Image Source: Zacks Investment Research ConclusionOscar’s expanding membership, improving cost structure, scalable technology platform, consistent underwriting discipline and solid balance sheet will help it convert its strong results into durable earnings. Centene continues to benefit from disciplined pricing, portfolio optimization and favorable Medicaid rate actions. Favorable reimbursement, disciplined portfolio actions, streamlined operations, targeted partnerships and contract wins support Centene’s revenue visibility and long-term margin stability. OSCR carries a Zacks Rank #2 (Buy) and has a VGM Score of B. CNC sports a Zacks Rank #1 (Strong Buy) and has a VGM Score of A. Centene’s diversified market presence, price appreciation, and cash generation capability give it an edge over Oscar Health. You can see the complete list of today’s Zacks #1 Rank stocks here. |
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2026-09-16 09:24
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2026-09-16 04:50
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Best Growth Stocks to Buy for September 16th | FMP Stock News | |
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 16:Tenet Healthcare Corporation (THC - Free Report) : This diversified healthcare services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.2% over the last 60 days. Tenet Healthcare has a PEG ratio of 1.01 compared with 1.07 for the industry. The company possesses a Growth Score of B. National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days. NESR has a PEG ratio of 0.31 compared with 0.55 for the industry. The company possesses a Growth Score of A. Centene Corporation (CNC - Free Report) : This managed care company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40.9% over the last 60 days. Centene has a PEG ratio of 0.44 compared with 1.49 for the industry. The company possesses a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Learn more about the Growth score and how it is calculated here. |
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2026-09-15 16:19
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2026-09-15 10:21
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Centene Corporation (CNC) Hit a 52 Week High, Can the Run Continue? | FMP Stock News | |
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Have you been paying attention to shares of Centene (CNC - Free Report) ? Shares have been on the move with the stock up 7.8% over the past month. The stock hit a new 52-week high of $69.63 in the previous session. Centene has gained 68.7% since the start of the year compared to the 2.4% move for the Zacks Medical sector and the 20% return for the Zacks Medical - HMOs industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 28, 2026, Centene reported EPS of $2.51 versus consensus estimate of $0.89 while it beat the consensus revenue estimate by 12.73%. For the current fiscal year, Centene is expected to post earnings of $4.89 per share on $196.29 in revenues. This represents a 135.1% change in EPS on a 0.77% change in revenues. For the next fiscal year, the company is expected to earn $5.34 per share on $192.58 in revenues. This represents a year-over-year change of 9.19% and -1.89%, respectively. Valuation MetricsWhile Centene has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style. Centene has a Value Score of A. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of A. In terms of its value breakdown, the stock currently trades at 14.2X current fiscal year EPS estimates, which is not in-line with the peer industry average of 23.1X. On a trailing cash flow basis, the stock currently trades at 14.8X versus its peer group's average of 15.9X. Additionally, the stock has a PEG ratio of 0.44. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Centene an interesting choice for value investors. Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Centene currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Centene fits the bill. Thus, it seems as though Centene shares could have a bit more room to run in the near term. |
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2026-09-15 13:48
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2026-09-15 09:10
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4 Defensive Stocks to Take Refuge in as Consumer Sentiment Plummets | FMP Stock News | |
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Key Takeaways ADM, COCO, AMGN and CNC are highlighted as defensive stocks amid falling consumer sentiment.ADM's earnings growth is expected at 52.2%, with estimates up 8.5% over 60 days.CNC's earnings growth tops 100%, while current-year estimates have risen 40.9% in 60 days. Inflation surged again in August, making it almost inevitable for the Federal Reserve to hike interest rates next week in its policy meeting. Higher prices of goods and services and renewed tensions in the Middle East have led consumers to worry that inflation could rise over the next year.Surging oil prices owing to the war between the United States and Iran have been a major factor behind high inflation. Markets have remained volatile for the past three months, and the overall situation has been denting consumer sentiment. Given this situation, it would be wise to invest in defensive stocks from the consumer staples and healthcare sectors. Four such stocks are: Archer-Daniels-Midland Company (ADM - Free Report) , The Vita Coco Company, Inc. (COCO - Free Report) , Amgen Inc. (AMGN - Free Report) , and Centene Corporation (CNC - Free Report) . Consumer Sentiment Hits a LowThe University of Michigan reported that its Consumer Sentiment Index fell to 47.8 in September from 51.7 in the previous month. This was also sharply lower than the economists’ forecast of 51. Persistent high inflation has been weighing on consumers’ sentiment. The survey’s measure of consumers’ expectations for inflation over the next 12 months rose to 4.6% in September from 4% in the month earlier. The long-term, or consumers’ five-year, inflation expectation rose to 3.4% in September from 3.3% in August. This is also sharply higher than the 2024 range of 3.8% to 3.2%. Most importantly, the short-term inflation expectation was 3.4% in February before the U.S.-Iran war broke out. Oil prices have risen over the past several months, easing slightly in June and July. However, as tensions have escalated again in the Middle East, energy costs have resumed their upward trend. Higher oil prices have impacted almost every sector, pushing prices of goods and services higher, resulting once again in rising inflation. The consumer price index (CPI) rose 0.4% month over month in August, the Bureau of Labor Statistics said last week. The annual CPI rate came in at 3.4%. Core CPI, which strips out the volatile food and energy, climbed 0.3% month over month in August, taking the annual rate to 2.4%. The Federal Reserve, which held interest rates steady this year, has no options left but to hike interest rates at its policy meeting next week. This could keep markets volatile for a longer period as higher borrowing costs would make things more difficult for consumers. 4 Defensive Stocks With UpsideArcher-Daniels-Midland CompanyArcher-Daniels-Midland Company is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. ADM processes oilseeds, corn, wheat, cocoa and other feedstuffs. It also engages in the manufacturing, sale, and distribution of products like natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, as well as other specialty food and feed ingredients. Archer-Daniels-Midland Company has an expected earnings growth rate of 52.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.5% over the last 60 days. ADM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The Vita Coco CompanyThe Vita Coco Company, Inc. provides a beverage platform. COCO’s brands include coconut water, Vita Coco; clean energy drink Runa; sustainable enhanced water, Ever & Ever, and protein-infused water, PWR LIFT. The Vita Coco Company’s expected earnings growth rate for the current year is 63.9%. The Zacks Consensus Estimate for current-year earnings has improved 10.2% over the past 60 days. COCO currently sports a Zacks Rank #1. AmgenAmgen Inc. is one of the biggest biotech companies in the world, with a strong presence in the oncology, general medicine, inflammation and rare diseases markets. AMGN used advances in cellular and molecular biology to develop two of the biotech industry’s earliest and most successful drugs, Epogen (anemia) and Neupogen (white blood cell stimulant). Amgen successfully launched two next-generation products — Aranesp and Neulasta. Amgen has an expected earnings growth rate of 5% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3% over the past 60 days. AMGN currently has a Zacks Rank #2 (Buy). Centene CorporationCentene Corporation is a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while serving underinsured and uninsured individuals through member-focused services. CNC is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Centene operates a capitated managed-care model. Under this model, it receives a fixed payment per member per month from government programs such as Medicaid, Medicare and ACA Marketplace plans. Centene Corporation has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 40.9% over the past 60 days. CNC currently sports a Zacks Rank #1. |
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2026-09-15 13:48
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2026-09-15 09:11
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2 Non-AI Giants to Buy on Solid Guidance and Lucrative Valuation | FMP Stock News | |
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Key Takeaways Centene raised 2026 revenue and adjusted EPS guidance, with EPS now expected above $4.80.Archer-Daniels-Midland lifted 2026 adjusted EPS guidance to approximately $5.15-$5.60 per share.Both stocks have gained more than 50% year to date while trading at attractive valuations. The astonishing rally of the artificial intelligence (AI) trade has been showing no signs of abatement even after more than three and a half years. In 2026, the AI trade maintained its northward journey albeit at a slow pace. This year, several non-AI stocks are flourishing along with AI-powered stocks. We have selected two such stocks with a top Zacks Rank that are currently trading at a lucrative valuation. Investment in these stocks should be fruitful for the rest of 2026. These stocks are: Centene Corp. (CNC - Free Report) and Archer-Daniels-Midland Co. (ADM - Free Report) . Each of our picks currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. These stocks have flourished year to date with more than 50% returns. Yet, their current Zacks top rank indicates significant upside for the rest of 2026. The chart below shows the price performance of our two picks year to date. Image Source: Zacks Investment Research Centene Corp.Centene has established itself as a national leader in healthcare services. It is a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while serving underinsured and uninsured individuals through member-focused services. CNC continues to benefit from disciplined pricing, portfolio optimization, favorable Medicaid rate actions, and strong Medicare Prescription Drug Plan momentum. Strategic acquisitions, partnerships, and ongoing enterprise optimization initiatives are strengthening care delivery, improving operational efficiency, and supporting long-term margin restoration. Strong GuidanceCentene expects premium and service revenues within the band of $173-$177 billion for 2026, up from the previous guidance range of $171-$175 billion. The midpoint of which indicates growth of 0.2% from the 2025 reported figure. Revenues are estimated between $193.5 billion and $197.5 billion, up from the previously projected band of $187.5 billion-$191.5 billion, the midpoint of which implies a 0.4% increase from the 2025 figure. Adjusted EPS is expected to be greater than $4.80, up from the prior guidance of greater than $3.40, which now indicates a surge of more than 130.8% from the 2025 figure. GAAP EPS is now forecasted to remain greater than $3.11. Health benefits ratio is estimated to be in the band of 90.5-91.3% for 2026, while the adjusted SG&A expense ratio is now anticipated to be 6.9-7.5%. The adjusted effective tax rate is expected to be in the range of 25.5-26.5%. Shares outstanding are projected to be between 497 million and 500 million. Attractive ValuationsThe stock price has jumped 68.7% year to date. Despite this, Centene currently has a forward P/E of 13.58X for the current financial year, well below 22.23X of the industry and 18.03X of the S&P 500. CNC currently has a forward P/S of 0.16X, below 0.30X of the industry and 3.01X of the S&P 500. It currently has a forward P/B of 1.45X compared with 2.55X of the industry and 3.59X of the S&P 500. Solid Estimate RevisionsCentene has an expected revenue and earnings growth rate of 0.8% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 40.9% over the last 60 days. CNC has an expected revenue and earnings growth rate of -1.9% and 9.2%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 0.6% over the last 30 days. Image Source: Zacks Investment Research Archer-Daniels-Midland Co.Archer-Daniels-Midland has been benefiting from its strategic endeavors. ADM continues to advance its Optimize, Drive and Grow pillars, enhancing productivity, accelerating cost savings, expanding BioSolutions and leveraging digital tools to unlock margin opportunities and boost customer reach. ADM’s Human Nutrition unit is gaining from Flavors, Decatur East and emerging demand for natural ingredients. Strong Guidance Archer-Daniels-Midland raised its 2026 adjusted earnings guidance to approximately $5.15-$5.60 per share from the previous range of $4.15-$4.70. The revised outlook assumes year-over-year improvement in crushing and ethanol, supported by disciplined execution and a constructive margin environment. Management tied the stronger outlook primarily to finalized renewable volume obligations under the U.S. Renewable Fuel Standard, global trade dynamics and higher energy prices. The company continues to project 2026 capital expenditures of $1.3-$1.5 billion while monitoring macroeconomic, geopolitical, policy and trade conditions. Attractive Valuation The stock price has surged 50.4% year to date. Despite this, the stock has a forward P/E of 16.60X compared with the industry’s P/E of 13.26X and the S&P 500’s P/E of 18.52X. It has a P/S of 0.51X compared with the industry’s P/S of 0.84X and the S&P 500’s P/S of 3.09X. ADM has a P/B of 1.77X compared with the industry’s P/B of 0.89X and the S&P 500’s P/B of 3.71X. Solid Estimate RevisionsArcher-Daniels-Midland has an expected revenue and earnings growth rate of 6.6% and 52.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 8.5% over the last 60 days. ADM has an expected revenue and earnings growth rate of 1.4% and 3.5%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 8.4% over the last 60 days. Image Source: Zacks Investment Research |
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2026-09-14 13:20
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2026-09-14 07:31
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Best Growth Stocks to Buy for September 14th | FMP Stock News | |
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 14:BP p.l.c. (BP - Free Report) : This company that engages in the energy business worldwide carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.4% over the last 60 days. BP has a PEG ratio of 0.54 compared with 0.71 for the industry. The company possesses a Growth Score of B. National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days. NESR has a PEG ratio of 0.32 compared with 0.58 for the industry. The company possesses a Growth Score of A. Centene Corporation (CNC - Free Report) : This managed care company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40.9% over the last 60 days. Centene has a PEG ratio of 0.42 compared with 1.45 for the industry. The company possesses a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Learn more about the Growth score and how it is calculated here. |
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2026-09-10 14:13
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2026-09-10 14:07
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Wall Street zahajuje čtvrtek poklesem | FIO Stock News | |
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10.9.2026 16:07Index Dow Jones -0,59 % na 52071,53 b. S&P 500 -0,7 % na 7583,18 b. Nasdaq Composite -0,82 % na 26037,74 b. Přední americké indexy otevírají obchodování v záporném teritoriu. Hlavní pozornost trhu směřuje k inflačním tlakům v ekonomice. Před otevřením trhu byl zveřejněn index výrobních cen, který dosáhl v srpnu meziročního růstu o 5,4 % při očekávání +5,3 %. Indexům nenapomohly také revize směrem výše a aktuální vývoj na cenách ropy, které zvyšují pravděpodobnost zvýšení úrokových sazeb na dalším zasedání Fedu. V úvodu obchodování ztrácí těžaři mědi. Podle agentury Reuters americká vládní administrativa prozatím nerozhodla o clech na rafinovanou měď, jelikož zvažuje riziko, že vyšší ceny zvýší výrobní náklady, proti potenciálním přínosům v podobě podpory domácí těžby. Index S&P 500 -0,7 % na 7583,18 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Nezbytná spotřeba +0,9 % Základní materiály -1,4 % Zdravotní péče +0,1 % Informační technologie -1,4 % Reality 0 % Průmysl -0,9 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Elevance Health (ELV) +5,4 % Cooper Cos (COO) -15 % Centene Corp (CNC) +5,1 % Freeport-McMoRan (FCX) -7,8 % Charter Communications (CHTR) +4,1 % Vertiv Holdings (VRT) -6,5 % Reddit (RDDT) +3,9 % Intel Corp (INTC) -5,9 % Philip Morris International (PM) +3,2 % Lam Research Corp (LRCX) -5,2 % Zdroj: Bloomberg Jakub Němec Fio banka, a.s. Prohlášení |
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2026-09-09 21:21
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2026-09-09 15:15
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Fill the Gap: More Affordable Homes on the Way for Stanislaus County Residents thanks to Health Net's $2 Million Investment | FMP Stock News | |
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The investment will help advance shovel-ready housing projects, bringing safe, stable housing within reach for more local families., /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), today announced a $2 million investment in Stanislaus Equity Partners, Inc. (STEP) to help more residents access safe, stable, affordable housing. The multi-year grant will provide flexible gap financing for 50 affordable housing projects already in the local pipeline, helping move shovel-ready developments closer to completion. STEP will use the grant to support affordable housing projects across Stanislaus County, prioritizing developments that are ready to move forward but face funding shortfalls. By filling these gaps, the investment aims to unlock additional public and private resources, helping bring more affordable units online faster and strengthen housing stability in the region. "Stable housing is inseparable from good health," said Dorothy Seleski, Medi-Cal Plan President at Health Net. "When families have a safe and affordable place to call home, they have a stronger foundation for their health, their future and their ability to thrive. By partnering with Stanislaus Equity Partners, we're helping to fill the funding gap, create pathways to safe, affordable housing—so individuals and families can thrive, not just survive." Recognizing that access to safe, affordable housing is foundational to long-term health and well-being. Stanislaus Equity Partners will deploy the funding through grants, forgivable loans and low-interest loans. These flexible financing tools will accelerate affordable housing development and help reduce displacement risks for Stanislaus County residents. "Stanislaus County has experienced the real and lasting impacts of California's housing crisis," said Jessica Filbrun, CEO of Stanislaus Equity Partners. "This investment from Health Net is a powerful example of how the health care sector can be a partner in building healthier communities. By supporting affordable housing, we're investing in the well-being of working families, seniors, and vulnerable neighbors throughout our county." According to the California Housing Partnership, more than 12,700 low-income households in Stanislaus County do not have access to an affordable home, and 81% of extremely low-income households spend more than half of their income on housing costs, placing them at severe risk of housing instability and homelessness. "Stanislaus County has experienced the real and lasting impacts of California's housing crisis," said Assemblymember Juan Alanis. "This investment from Health Net is a powerful example of how the health care sector can be a partner in building healthier communities. By supporting affordable housing, we're investing in the well-being of working families, seniors, and vulnerable neighbors throughout our county." This investment builds on Health Net's broader commitment to supporting the conditions people need to live healthier lives, including access to stable housing and essential community resources. Through strategic investments and trusted local partnerships, Health Net continues working to help California communities become stronger, healthier and more resilient. About Health Net Founded in California more than 45 years ago, Health Net, LLC ("Health Net"), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com. SOURCE Health Net, LLC |
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2026-09-07 09:06
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2026-09-07 04:54
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Cavendish raises Concurrent Technologies target to 302p after record results | FMP Stock News | |
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Cavendish PLC (AIM:CAV) has raised its price target for Concurrent Technologies (AIM:CNC) to 302p from 256p after the embedded computing company reported record first-half results.The broker maintained its 'buy' rating on the AIM-listed company, whose shares it said now traded at 39.1 times forecast earnings for the current financial year. Order intake at Concurrent, which designs high-end embedded computer systems for critical applications, surged around 110% to £46.9 million in the six months to June. Cavendish noted that even excluding a roughly £17 million multi-year contract from a European customer, order intake of about £30 million still exceeded the previous first-half record. The broker said revenue of £23.2 million represented 44.6% of its £52 million full-year forecast, with the past three years showing an average 58% weighting towards the second half. Cavendish pointed to a turnaround in Concurrent's Systems division, whose gross margin nearly doubled to 26.3% as the unit returned to profit. Design wins across the company's Products and Systems businesses now carry a projected lifetime value of around £129 million. Cavendish highlighted management guidance that full-year revenue is expected to be materially ahead of the £52 million consensus forecast, with profit also expected to exceed £8 million. The broker is keeping its forecasts unchanged for now, including an adjusted earnings per share estimate of 6.8p for the year. Cavendish said its new target price reflected valuation multiples in line with Concurrent's immediate peer group, implying upside of around 14% from the share price of 265p. No Investment Advice This content is published by Proactive Investors Limited and made available subject to the terms and conditions of use of its website (see Terms of Use). Proactive Investors is a full-service financial newswire. We produce independent, objective financial journalism and do not provide personalised investment advice, act as a broker, or recommend specific securities to individual investors. Financial content published on this Site is produced under the journalist exemption provided for in Article 20 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, and in accordance with FCA guidance at PERG 8.12. Where a communication is not otherwise exempt, it is issued or approved for distribution in the UK by Proactive Investors Limited. All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this communication. This communication is intended for information purposes only and does not constitute investment advice, a personal recommendation, an offer, solicitation, or inducement to buy or sell any investment or financial product. Opinions and commentary reflect the views of the named author at the time of writing and are subject to change without notice. This communication has been prepared without taking account of the objectives, financial situation or needs of any particular investor. Before entering into any transaction, investors should consider suitability for their individual circumstances and should read the relevant prospectus, term sheet, subscription agreement, information memorandum, prospectus or other offering document in full. Past performance is not a reliable indicator of future results. The value of investments can fall as well as rise, and you may not recover the amount you invest. This communication may contain information obtained from third parties, including credit ratings and financial data. Reproduction and distribution of third-party content in any form is prohibited except with the prior written consent of the relevant third party. Credit ratings are statements of opinion and should not be relied upon as investment advice. |
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2026-09-04 15:31
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2026-09-04 10:56
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Here's Why Centene (CNC) is a Strong Value Stock | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Centene (CNC - Free Report) Founded as a single health plan in Wisconsin in 1984, Centene Corporation has established itself as a national leader in healthcare services. It is today a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while also serving under-insured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. CNC is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 13.9; value investors should take notice. Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $1.42 to $4.89 per share. CNC boasts an average earnings surprise of +151.3%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, CNC should be on investors' short list. |
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2026-09-02 17:14
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2026-09-02 10:51
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Centene Stock Roars Back 117% in a Year: Is CNC Still a Buy? | FMP Stock News | |
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Key Takeaways Centene shares surged 117% in a year as pricing, cost controls and underwriting trends improved.CNC raised 2026 premium and service revenue guidance to $173-$177B while its HBR improved.CNC trades below industry and key-peer forward P/E levels despite sharply improving 2026 earnings estimates. Centene Corporation (CNC - Free Report) shares have jumped 117% over the past year, far ahead of the industry’s 22.3% growth. The S&P 500 has gained 20.6% over the same period, while peers UnitedHealth Group Incorporated (UNH - Free Report) and Elevance Health, Inc. (ELV - Free Report) have returned 28.8% and 25.4%, respectively.Much of Centene’s rally reflects a recovery from a depressed level. The stock came under heavy pressure after the company withdrew its 2025 earnings guidance in July 2025. Management found that Marketplace members were considerably sicker than expected, which reduced projected risk-adjustment revenues and hurt earnings expectations. Rising medical costs in both Marketplace and Medicaid plans added to the concern and weakened confidence in the company’s outlook. The picture has improved since then. Profitability stabilized faster than investors expected, corrective pricing in the Marketplace business began to take hold, and Centene reduced exposure to plans that were not priced adequately. Management also raised its outlook several times. As a result, investors have moved from fearing prolonged losses and uncontrolled medical costs to expecting better margins, firmer pricing and more predictable earnings. One-Year Price Performance: CNC, UNH, ELV, Industry & S&P 500 Image Source: Zacks Investment Research Operating Trends Point to a RecoveryCentene’s second-quarter health benefits ratio (HBR) improved 340 basis points year over year to 89.6%. Premium revenues increased 4.4% to $43.6 billion, supported by higher premium yields, growth in the prescription drug plan business and rate increases across Medicaid and Marketplace products. The balance sheet also strengthened. Long-term debt fell 7.6% from year-end 2025 to $16 billion, while cash and cash equivalents rose 35% to $24.2 billion. Net cash provided by operations reached $8 billion in the first half of 2026, up 142.4% from the prior-year period, although favorable timing contributed to the increase. Management raised its 2026 premium and service revenue guidance to $173-$177 billion from $171-$175 billion. The company now expects a HBR of 90.5-91.3% for 2026, compared with 91.9% in 2025 and 88.3% in 2024. The projected improvement suggests that recent pricing and cost actions are starting to support underwriting results. Earnings Expectations Have Turned Sharply HigherThe Zacks Consensus Estimate calls for 2026 earnings of $4.89 per share, up 135.1% from the previous year. Analysts expect earnings to rise another 9.2% in 2027 to $5.34 per share. Revenue growth is expected to remain modest. The consensus estimate points to revenues of $196.29 billion in 2026, up 0.8%, followed by a slight decline to $192.58 billion in 2027. This outlook shows that the recovery is centered more on margins and execution than on rapid sales growth. Centene has also topped earnings estimates in each of the past four quarters, producing an average surprise of 151.3%. CNC’s ValuationThe rebound has lifted Centene’s valuation. CNC now trades at 12.56X forward earnings, above its five-year median of 11.31X. Even so, the multiple remains below the industry average of 15.69X. It also trails UnitedHealth’s 18.31X and Elevance Health’s 14.11X. Centene carries a Value Score of A, indicating that the stock still offers a reasonable mix of valuation and earnings potential. Image Source: Zacks Investment Research Centene currently trades below the average analyst price target of $71.94, suggesting an upside of 11.8%. The range is wide, with the high target at $85 and the low at $56, reflecting different risk views. Risks Have Eased, but They Have Not DisappearedCentene remains dependent on government-sponsored healthcare programs. Its results can therefore shift with changes in federal and state funding, reimbursement rates and regulation across Medicaid, Medicare and Affordable Care Act Marketplace plans. Expenses deserve attention. Total operating costs rose 5.5% in 2023, 5.8% in 2024 and 26.6% in 2025. They increased another 6.6% year over year in the first half of 2026. Pricing actions and tighter cost controls should help, but elevated medical expenses and continued investment could slow the pace of margin gains. Capital efficiency remains another weak spot. Centene’s trailing 12-month return on capital is 6.8%, below the industry average of 9.9%, showing room for better capital efficiency. Why Centene’s Recovery Could ContinueSeveral trends support the longer-term outlook. An aging population and rising chronic-disease prevalence should support long-term demand across Centene’s health plans. Centene is also reshaping its membership mix. Total membership declined to 25.9 million at the end of the second quarter as the company reshaped its book, but prescription drug plan membership rose 12.2% year over year, while Individual and Commercial Group membership rose 10.5%, showing growth in selected areas of the portfolio. The company is strengthening fraud prevention and payment integrity through AI-based analytics that can flag unusual claims earlier and improve oversight. It is also using advanced analytics in medical-cost forecasting, pricing and operating decisions. Centene is working with states to secure rates that better match member needs, utilization trends and the risk profile of the population after eligibility redeterminations. These steps, together with firmer Marketplace pricing and tighter cost control, give the company a clearer path to steadier margins. Should Investors Buy CNC Stock Now?Centene’s sharp rebound increasingly has fundamental support rather than relying on momentum alone. Corrective Marketplace pricing, better Medicaid rate alignment, tighter cost controls and stronger PDP growth are helping margins recover, while repeated guidance increases point to better earnings visibility. Risks tied to medical costs, regulation and government funding remain, and the stock is no longer as cheap as it was a year ago. Still, earnings estimates are moving higher, underwriting trends are improving, and valuation remains below key peers. With these factors supporting further upside, Centene currently sports a Zacks Rank #1 (Strong Buy), making the stock worth considering for investors. You can see the complete list of today’s Zacks #1 Rank stocks here. |
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2026-09-02 14:46
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2026-09-02 10:41
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Is Centene (CNC) a Great Value Stock Right Now? | FMP Stock News | |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today. One company to watch right now is Centene (CNC - Free Report) . CNC is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 12.35, which compares to its industry's average of 15.68. Over the past 52 weeks, CNC's Forward P/E has been as high as 13.40 and as low as 4.41, with a median of 8.43. We also note that CNC holds a PEG ratio of 0.82. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CNC's PEG compares to its industry's average PEG of 0.87. CNC's PEG has been as high as 0.98 and as low as 0.38, with a median of 0.77, all within the past year. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CNC has a P/S ratio of 0.16. This compares to its industry's average P/S of 0.3. Value investors will likely look at more than just these metrics, but the above data helps show that Centene is likely undervalued currently. And when considering the strength of its earnings outlook, CNC sticks out as one of the market's strongest value stocks. |
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2026-09-01 19:18
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2026-09-01 12:55
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Can Centene's Marketplace Recovery Fuel Stronger Earnings Growth? | FMP Stock News | |
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Key Takeaways Centene's Marketplace benefits ratio fell to 79.2% as medical costs and risk-adjustment trends improved.Centene now expects a 4.5%-5% Marketplace pretax margin in 2026 despite membership declines.Centene's SG&A ratio improved, while technology, automation and AI could further support profitability. Centene Corporation (CNC - Free Report) is rebuilding its Marketplace business after a difficult 2025, with better pricing, moderating medical costs and improved underwriting dynamics supporting a sharp improvement in profitability. The recovery is becoming an important contributor to Centene’s broader margin-restoration strategy.The Marketplace health benefits ratio improved to 79.2% in the second quarter of 2026 from 90.6% a year ago. The improvement reflected better medical cost trends and risk-adjustment dynamics. Centene also benefited from a $180 million favorable 2025 CMS risk-adjustment reconciliation during the quarter. Importantly, the improvement is not dependent solely on membership expansion. Marketplace membership stood at around 3.5 million at the end of June 2026, down substantially from 5.9 million a year ago. However, the business is now expected to generate a 4.5%-5% pretax margin in 2026, compared with the previous 3% outlook. This suggests that tighter pricing and a more favorable risk profile are helping Centene prioritize profitability over volume. The key challenge now is sustaining those gains as eligibility reviews could cause further membership attrition in the second half of 2026. Centene’s 6.9% adjusted SG&A expense ratio in the second quarter of 2026, which improved from 7.1% a year ago, and increased use of technology, automation and AI could provide another layer of support. If these trends hold, the Marketplace business could provide a more dependable earnings contribution and support Centene’s overall profit growth over time. How Are Competitors Faring?Some of CNC’s major competitors in the healthcare service provider space are UnitedHealth Group Incorporated (UNH - Free Report) and Elevance Health, Inc. (ELV - Free Report) . UnitedHealth is taking a more selective approach to its individual exchange business, with pricing and benefit adjustments aimed at better aligning premiums with medical costs. UNH’s medical care ratio improved to 86.7% in the second quarter of 2026 from 89.4% a year ago. Elevance is also working to improve Individual ACA profitability through tighter pricing and plan repositioning. ELV is also investing in clinical oversight, payment integrity and value-based care to improve cost management and support more consistent margins. Centene’s Price Performance, Valuation & EstimatesShares of CNC have surged 56.4% in the year-to-date period compared with the industry’s rise of 20%. Image Source: Zacks Investment Research From a valuation standpoint, Centene trades at a forward price-to-earnings ratio of 12.39, below the industry average of 15.83. CNC carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Centene’s 2026 earnings is pegged at $4.89 per share, implying 135.1% growth from the year-ago period. Image Source: Zacks Investment Research CNC stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. |
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Home State Health and Centene Foundation Award $750,000 to Missouri Organizations Advancing Community Health | FMP Stock News | |
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Centene FoundationHome State Health Funding supports community-based programs addressing food security, housing stability, workforce development, foster care and rural health across Missouri , /PRNewswire/ -- Home State Health, a leading health insurer providing quality, affordable coverage to Missourians, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a combined $750,000 investment in nearly two dozen organizations working to address drivers of health to improve health outcomes for individuals and families across the state. The funding supports community-based programs focused on food security, housing stability, workforce development, foster care, healthcare access and the unique needs of rural communities. "Across Missouri, community organizations are helping families overcome challenges that directly influence their health and well-being," said Shawn Furey, President and Chief Executive Officer of Home State Health. "Whether it's expanding access to healthy food, stable housing, workforce opportunities, healthcare services or support for children and families, these organizations are changing the communities they serve. We are proud to partner with them and invest in programs that strengthen communities and build healthier futures." 2026 Grant Recipients Organizations receiving funding include: AGAPE Community Outreach Care to Learn Catholic Charities of Southern Missouri, Inc. Community Council of St. Charles Covenant House Missouri Coyote Hill Foster Care Ministries Every Child's Hope Faith Bridge Foster Adopt Connect, Inc. Foster Care Coalition Hannibal Regional Healthcare System KVC Behavioral Healthcare Missouri, Inc. Ozarks Resource Group d/b/a Ozarks Community Health Center Pediatric Place, Family First Initiative Phelps County Regional Medical Center (d/b/a Phelps Health) Rung Foundation Inc. (d/b/a Rung for Women) Samuel U. Rodgers Health Center Seed St. Louis Southeast Missouri Health Network St. Francis Hospital Foundation, supporting the needs of Mosaic Medical Center – Maryville Swope Health Services West Central Community Development Corporation Grant recipients include those providing critical services for children, youth and families involved in foster care, adoption, kinship care and transitional living programs. Investments in organizations including Covenant House Missouri, Coyote Hill Foster Care Ministries, Every Child's Hope, Faith Bridge, Foster Adopt Connect, Foster Care Coalition and KVC Behavioral Healthcare Missouri will help expand behavioral health services, strengthen family supports and increase access to resources that promote stability for vulnerable children and families. The grants also support organizations serving communities throughout urban and rural Missouri. Funded programs aim to increase access to healthcare, nutritious food, stable housing, employment opportunities and other essential services that help individuals and families succeed. "The Centene Foundation is committed to supporting organizations that are creating meaningful opportunities for individuals and families to thrive," said Keith Williamson, President of the Centene Foundation. "These organizations know their communities and are developing solutions that can make a lasting difference." Collectively, these grants represent an investment in healthier communities across the state. By supporting these local organizations, Home State Health and the Centene Foundation are helping advance health equity and create stronger communities throughout the state. About Home State Health Home State Health is a Missouri-based managed care organization and company of Centene Corporation, a Fortune 25 healthcare enterprise. Home State Health serves the Medicaid population in partnership with MO HealthNet and also provides Marketplace and Medicare coverage to Missouri residents. The organization is committed to transforming the health of the community, one person at a time. About the Centene Foundation The Centene Foundation, a private nonprofit focused on investing in economically challenged communities, is the philanthropic arm of Centene Corporation. The Foundation supports projects and initiatives aligned with Centene's mission to remove barriers to wellness and improve health equity through investments in healthcare access, social services and education. SOURCE Home State Health |
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2026-08-31 14:07
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2026-08-31 08:00
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Centene Appoints New Chief Information Officer | FMP Stock News | |
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Bradley Bolivar Appointed Chief Information Officer, Bringing Nearly Three Decades of Technology Leadership Experience, /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced the appointment of Bradley Bolivar as Chief Information Officer, effective August 31. "We are entering a new era where data, technology and AI are not just business enablers, but strategic capabilities that shape how we operate, innovate and create value," said Chief Executive Officer Sarah M. London. "Brad's proven ability to solve complex technology challenges will position Centene to deliver simpler, better health experiences and improved outcomes for the nation's most underserved populations." Mr. Bolivar served as Chief Information Officer at Fannie Mae where he led enterprise technology strategy across application development, infrastructure, cybersecurity, data, artificial intelligence and workplace technology. During his tenure, he accelerated enterprise modernization efforts, strengthened technology resilience and governance, and expanded the use of AI and automation to improve operational performance. Mr. Bolivar brings nearly three decades of technology leadership experience spanning financial services, media and consulting, including senior leadership roles at Fannie Mae and Warner Bros. Entertainment. "I am honored to join Centene at such an important moment for the industry. Healthcare is undergoing rapid change, creating an opportunity to reimagine how technology, data and innovation can improve experiences and drive better outcomes," said Mr. Bolivar. "I look forward to building on the strong foundation already in place and helping Centene continue advancing its mission of transforming the health of the communities it serves." Mr. Bolivar succeeds Brian LeClaire, who will retire by the end of October 2026, as planned. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans), as well as individuals and families served by the Health Insurance Marketplace. SOURCE Centene Corporation |
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2026-08-31 10:46
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2026-08-25 14:58
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California Community Health Workers and Doulas Can Spend More Time Helping Medi-Cal Members, Thanks to Health Net's $900,000 Grant to Pear Suite | FMP Stock News | |
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The company's investment will expand access to Pear Suite technology that streamlines service documentation, referrals and Medi-Cal reimbursement for community health worker and doula services., /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a Centene Corporation (NYSE: CNC) company, announced a $900,000 grant to Pear Suite to help community-based organizations across California strengthen technology infrastructure, become community health worker and doula providers, and more easily get reimbursed for delivering Medi-Cal services. Pear Suite logo "Trusted community partners play an essential role in helping people experience care in a way that feels more personal, connected and supportive," said Dorothy Seleski, Medi-Cal President at Health Net. "They meet members where they are, listen to what they need and help connect them to support that can make daily life healthier and more stable. Together with Pear Suite, we are investing in practical technology that helps those partners do what they do best: walk alongside our members and help them take the next step toward better health." This latest grant builds on Health Net's longstanding partnership with Pear Suite. Since 2023, Health Net has committed more than $1.9M to help expand community health worker capacity, strengthen community-based outreach and connect Medi-Cal members to critical health and social services across California. The grant will support technology and billing infrastructure for community-based organizations working to become enrolled Medi-Cal providers of community health workers and doula services. Through Pear Suite's platform, organizations can have a turnkey solution to assess social needs, coordinate referrals, document services, streamline billing for Medi-Cal reimbursement and promote preventative activities. For many Medi-Cal members, getting care goes beyond the doctor's office. It can also mean finding housing support, understanding benefits, arranging transportation or working with someone they trust in their own community — often that's community health workers and doulas who can help connect them to care, address social needs and stay engaged during critical periods. This grant is designed to strengthen the tools behind that work, so organizations can spend more time helping people and less time navigating disconnected systems. "This funding helps make whole-person care more practical for the community organizations doing the work every day," said Colby Takeda, CEO of Pear Suite. "With stronger tools, training and implementation support, our partners can spend more time engaging members, coordinating services and helping people access the support they need to live healthier lives." "When community organizations have the tools and resources to reach people where they are, we strengthen the entire safety net," said California Assemblywoman, Stephanie Nguyen. "This investment will help trusted local partners connect Medi-Cal members to care, services and support that can improve health, stability and quality of life for families across our communities." Health Net is supporting local partners that are building capacity, improving member engagement and strengthening service delivery. This investment in Pear Suite builds on that approach by helping organizations modernize the systems they use to document care, coordinate referrals, support community health workers and track member needs over time. About Health Net Founded in California more than 45 years ago, Health Net, LLC ("Health Net"), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com. About Pear Suite Pear Suite is a digital health company redefining how the community-based workforce delivers and finances care. Through a turnkey platform, a national provider network, and best-in-class courseware — all purpose-built to activate a growing workforce — Pear Suite equips community health workers (CHWs), community-based organizations (CBOs), and health plans with the tools to close care gaps, drive better outcomes, and unlock sustainable reimbursement. By partnering with over 50 health plans, hundreds of CBOs, and thousands of providers, Pear Suite is leading a movement to amplify the impact of this trusted and experienced workforce. To learn more, visit us at www.pearsuite.com. SOURCE Health Net, LLC |
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2026-08-31 10:46
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2026-08-27 12:31
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Why Is Centene (CNC) Up 5.9% Since Last Earnings Report? | FMP Stock News | |
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A month has gone by since the last earnings report for Centene (CNC - Free Report) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Centene due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Centene Q2 Earnings Beat Estimates on Increasing Premiums Centene reported second-quarter 2026 adjusted earnings per share (EPS) of $2.51, which surpassed the Zacks Consensus Estimate of 89 cents. Moreover, the bottom line climbed from a loss of 16 cents per share a year ago. Revenues totaled $53.6 billion, which rose 9.9% year over year. The top line beat the consensus mark by 12.7%. The strong quarterly results benefited from strong premium and services revenues in Medicaid and Medicare businesses, fueled by increased premium yield, expanding membership in the Prescription Drug Plan (PDP) business and rate hikes in Marketplace and Medicaid businesses. However, the upside was partly offset by a decline in total membership and an increase in medical costs. Quarterly Operational Update of CNCRevenues from Medicare advanced 17% year over year to $11.1 billion, and Medicaid revenues of $22.8 billion rose 5% in the quarter under review. Meanwhile, commercial revenues came in at $9.4 billion, down 7% year over year. Centene's premium of $43.6 billion grew 4.4% year over year on the back of higher premiums yield, increased membership in the PDP business and strength in the Medicaid and Marketplace rate hikes. The metric beat the Zacks Consensus Estimate of $42.5 billion. Service revenues rose 9.1% year over year to $793 million in the second quarter and surpassed the consensus mark of $723 million. Investment and other income of $435 million improved 17.3% year over year and topped the Zacks Consensus Estimate of $359 million. Total membership was 25.9 million as of June 30, 2026, which decreased 7.6% year over year due to membership declines in the Medicaid, Marketplace and Medicare businesses. However, the metric marginally beat the consensus mark. Centene’s health benefits ratio improved 340 basis points year over year to 89.6% in the quarter under review. Operating expenses totaled $52.4 billion, which increased 6.5% year over year due to higher medical costs, selling, general and administrative expenses, cost of services and premium tax expense. Medical costs escalated 0.6% year over year. Adjusted net earnings were recorded at $1.2 billion against the year-ago loss of $79 million. CNC’s Q2 Financial Update (As of June 30, 2026)Centene exited the second quarter with cash and cash equivalents of $24.2 billion, which rose 35% from the 2025-end level. Total assets of $83 billion grew 8.2% from the figure at 2025-end. Long-term debt amounted to $16 billion, down 7.6% from the figure as of Dec. 31, 2025. The current portion of long-term debt totaled $75 million. Total stockholders’ equity of $22.6 billion increased 13% from the 2025-end figure. Centene generated $8 billion of net cash from operations in the first half of 2026, which increased from the prior-year comparable period’s $3.3 billion. CNC’s Revised 2026 GuidanceManagement now expects premium and service revenues within the band of $173-$177 billion for 2026, up from the previous guidance range of $171-$175 billion. The midpoint of which indicates growth of 0.2% from the 2025 reported figure. Revenues are now estimated between $193.5 billion and $197.5 billion, up from the previously projected band of $187.5 billion-$191.5 billion, the midpoint of which implies a 0.4% increase from the 2025 figure. Adjusted EPS is now expected to be greater than $4.80, higher than the previously projected figure of $3.40, which indicates a surge of more than 130.8% from the 2025 figure. GAAP EPS is now forecasted to remain greater than $3.11. Health benefits ratio is now estimated to be in the band of 90.5-91.3% for 2026, while the adjusted SG&A expense ratio is now anticipated to be 6.9-7.5%. The adjusted effective tax rate is now expected to be in the range of 25.5-26.5%. Shares outstanding are now projected to be between 497 million and 500 million. How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in fresh estimates. The consensus estimate has shifted 22.57% due to these changes. VGM ScoresCurrently, Centene has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock has a score of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Centene has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months. Performance of an Industry PlayerCentene is part of the Zacks Medical - HMOs industry. Over the past month, Molina (MOH - Free Report) , a stock from the same industry, has gained 1.7%. The company reported its results for the quarter ended June 2026 more than a month ago. Molina reported revenues of $10.87 billion in the last reported quarter, representing a year-over-year change of -4.8%. EPS of $1.51 for the same period compares with $5.48 a year ago. For the current quarter, Molina is expected to post earnings of $0.73 per share, indicating a change of -60.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -17.4% over the last 30 days. Molina has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. |
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2026-08-31 10:46
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2026-08-31 05:06
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Best Growth Stocks to Buy for August 31st | FMP Stock News | |
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 31:Centene Corporation (CNC - Free Report) : This managed care company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40.9% over the last 60 days. Centene has a PEG ratio of 0.35 compared with 1.28 for the industry. The company possesses a Growth Score of B. Valero Energy Corporation (VLO - Free Report) : This transportation fuels and petrochemical products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.1% over the last 60 days. Valero Energy has a PEG ratio of 0.23 compared with 0.41 for the industry. The company possesses a Growth Score of A. monday.com Ltd. (MNDY - Free Report) : This cloud-based work management software company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.8% over the last 60 days. monday.com has a PEG ratio of 0.99 compared with 12.51 for the industry. The company possesses a Growth Score of B. See the full list of top-ranked stocks here. Learn more about the Growth score and how it is calculated here. |
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2026-08-21 16:46
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2026-08-21 12:00
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Coordinated Care Brings Free Health Screenings to Washington Communities with Statewide Vision & Dental Van Tour | FMP Stock News | |
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Nine-day tour offers free vision and dental screenings to bolster access to critical health services in communities across the state., /PRNewswire/ -- Today, Coordinated Care, Washington's trusted healthcare partner and wholly owned subsidiary of the Centene Corporation (NYSE: CNC), is launching a nine-day, statewide healthcare tour, bringing Centene's vision and dental health vans, "SeeMore" and "Flossy," to communities across Washington. "Flossy" van travelling across the state to bring dental screenings to families in need. "SeeMore" van travelling across the state to bring vision screenings and eyeglasses to families in need. The tour will increase access to critical health services for rural communities by taking healthcare on the road and meeting people where they are – offering free prescription glasses, vision and dental screenings, and fluoride treatments. These services will be available to all members of the public, regardless of Coordinated Care membership, with no appointment needed on a first-come, first-served basis. "Access to preventive care – like a vision and dental screening, a pair of glasses – can make an enormous difference in someone's health and quality of life," said Beth Johnson, CEO of Coordinated Care. "Geography shouldn't determine a family's access to proactive, preventative care. By bringing these vans directly into communities where people live, work, and go to school, especially rural communities that may lack access to these services, we're removing barriers and making it easier for families across Washington state to get the high-quality care they deserve." The dental van "Flossy" will offer a free dental screening for kids and adults, and fluoride treatment for ages 4-18, and every attendee – not just those screened – will receive a free dental kit that includes a toothbrush, toothpaste, and floss. "SeeMore," the vision van, will offer free vision screenings and eyeglass prescriptions, available as single vision or line bifocals. Patients who need new glasses can choose frames onsite and have them shipped to their home within a month. Free reading glasses and sunglasses will also be available. "When more people have fair access to care, communities can thrive," said Vanetta Abdelatiff, president and CEO of Arcora Foundation. "We are proud to support Coordinated Care in addressing the immediate oral health needs of more people across the state—especially those in underinvested in communities— which supports our long term goal ensuring everyone can get the care they need when, where, and how they need it." Each stop of the tour is expected to draw hundreds of attendees, with approximately 35 to 40 dental screening appointments and up to 200 vision screening appointments per day. Recognizing that improving whole-person health goes beyond basic care, Coordinated Care is partnering with local organizations at each stop to connect attendees with additional resources, like fresh produce and shelf-stable food boxes from regional food banks; immunizations and blood pressure checks; free haircuts; books and school supplies; and more. Additionally, the Centene Foundation has donated funds for supplies such as diapers, formula, hygiene products, and clothes that will be distributed at tour stops in Spokane to families impacted by the recent wildfires. The tour will also be joined by Walter Jones, a Seattle Seahawks legend and Pro Football Hall of Famer. Jones will close out the tour in Yakima, joining for a special giveaway of 1,000 free pairs of shoes for kids ahead of the start of the new school year. "I'm always excited to work with Coordinated Care because they understand the importance of whole person care that meets families where they are," said Seattle Seahawks legend Walter Jones. "I'm joining their statewide vision and dental tour with the last stop in Yakima, where we'll also be sending 1,000 kids home with a free pair of shoes. This is exactly the kind of whole-person support Washington families deserve, and I'm honored to be part of it." For more information on the tour stops, click here. For questions about attending any tour stop, please contact Leanne Sangster at [email protected]. About Coordinated Care Coordinated Care provides free and low-cost health insurance coverage to more than 300,000 Medicaid, foster care, Medicare and marketplace members across Washington, with more than 30,000 providers in-network. Coordinated Care is committed to transforming the health of the community one person at a time. They treat the whole person by breaking down barriers to accessing care, walking members through their benefits, and connecting them to the care they need. Coordinated Care is a Washington managed care organization and a wholly owned subsidiary of Centene Corporation, a leading healthcare enterprise committed to helping people live healthier lives. To learn more, visit https://www.coordinatedcarehealth.com/WA-first.html. SOURCE Coordinated Care |
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2026-08-20 14:01
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2026-08-20 08:00
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Superior HealthPlan has supported more than 312,000 Texas pregnancies since 2022 through the Start Smart for Your Baby® program | FMP Stock News | |
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The maternal health program has delivered 88,000+ breast pumps and helped connect members to more than 177,000 prenatal and postpartum visits, /PRNewswire/ -- Superior HealthPlan ("Superior"), a leading managed care organization in Texas and a company of Centene (NYSE: CNC), announced its Start Smart for Your Baby® program has supported more than 312,000 pregnancies since 2022. The maternal health program connects new and expectant mothers with support before, during and after pregnancy, including offering breast pumps, care management, appointment reminders and dollar rewards for completing prenatal and postpartum visits. Since 2022, Superior has delivered more than 88,000 breast pumps to Texas mothers, and since 2023, the program has helped connect members to more than 177,000 prenatal and postpartum visits. "As one of the largest Medicaid providers in Texas, we recognize our responsibility to support new and expectant mothers at every step of the way," said Dr. Rutu Ezhuthachan, Chief Medical Officer at Superior HealthPlan. "Our unique programs provide access to the comprehensive healthcare that our members need to help them and their babies get off to a healthy start." In the U.S., Medicaid covers 40% of births nationwide and that number is even higher in Texas at nearly 46%, according to the latest data available. On average, Superior supports nearly 70,000 pregnancies each year in Texas. About Start Smart for Your Baby® When members notify Superior of their pregnancy, they are connected with the Start Smart for Your Baby® program, making it simple to access extra benefits and support during and after their pregnancy, including: Breastfeeding support and helpful resources. Behavioral health support and information for emotional well-being during or after pregnancy. Care coordination with medical staff and providers for high-risk or complex pregnancies. Assistance staying on track with prenatal and postpartum appointments. Connections to community resources for food, diapers and clothing. Assistance to help quit smoking, alcohol or drug use. Transportation to and from doctor visits (where available). To learn more, visit www.SuperiorHealthPlan.com/pregnancy. About Superior HealthPlan For more than 25 years, Superior HealthPlan has offered high-quality health care to Texans and is now a leading managed care company providing services to more than 1.5 million people. Committed to transforming the health of the communities we serve, one person at a time, Superior supports active local involvement in all 254 Texas counties with more than 3,000 employees throughout the state. Since 2020, Superior has contributed $12.6 million in grants, sponsorships and employee giving, helping support low-income communities. Superior is a company of Centene, a leading healthcare enterprise that is committed to helping people live healthier lives. For more information, visit www.SuperiorHealthPlan.com. SOURCE Superior HealthPlan |
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2026-08-20 14:01
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2026-08-20 09:51
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4 Healthcare Stocks to Safeguard Your Portfolio as Fed Plans Rate Hike | FMP Stock News | |
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Key Takeaways Bioventus offers products for osteoarthritis and surgical and non-surgical bone healing.Centene's earnings growth tops 100%, while estimates improved 40.9% over the past 60 days.Amneal and Cronos have strong earnings growth prospects, with estimates also improving. A rate hike is almost inevitable if inflation remains high, Federal Reserve officials believe, according to the minutes of the Fed’s latest policy meeting. A third of the committee members voted to hike interest rates last month, but the central bank preferred to adopt a wait-and-watch policy.A rate hike influences the interest rates on various types of consumer debt, which could impact buyers’ spending power. Wall Street has been turbulent for the past two months, and a rate hike could keep markets volatile for longer. Given this situation, it would be ideal to invest in defensive stocks such as healthcare. In this regard, Bioventus Inc. (BVS - Free Report) , Centene Corporation (CNC - Free Report) , Amneal Pharmaceuticals, Inc. (AMRX - Free Report) and Cronos Group Inc. (CRON - Free Report) are safe bets. Fed Gearing up for Rate HikeThe Federal Reserve kept interest rates unchanged at its July Federal Open Market Committee (FOMC) meeting in the current range of 3.5-3.75%. Although this was anticipated, the Federal Reserve has long indicated that a rate hike is almost likely if inflation stays elevated. Inflation climbed substantially in April and May, following a surge in oil prices owing to the U.S.-Iran war. Several market participants were anticipating a rate hike in July due to this. However, the central bank left rates unchanged after inflation declined in June and July. Despite the decline, inflation remains sharply above the Fed’s 2% target. The minutes of the meeting show that the committee voted 9-3 to keep the federal funds rate unaltered. All three who voted against the decision were in favor of a 25-basis-point rate hike. These policymakers believe a small hike could help bring the situation under control to a greater extent than going for steeper hikes in the future. The overnight borrowing rate influences the interest rates on various types of consumer debt, including mortgages, credit cards and auto loans. Meanwhile, geopolitical tensions have escalated once again, with neither the United States nor Iran ready to get into negotiation talks. Earlier this week, the United States said that there are no immediate plans for any peace talks, nor is anything scheduled. Oil prices have been surging once again on fears that the Middle East crisis could continue for a longer period. Higher oil prices could lead to a spike in inflation again, which will compel the Fed to hike interest rates. 4 Healthcare Stocks With UpsideBioventusBioventus Inc. delivers clinically proven, cost-effective products that help people heal quickly and safely. BVS includes offerings for osteoarthritis, surgical and non-surgical bone healing. Bioventus has an expected earnings growth rate of 16.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.3% over the past 60 days. BVS currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Centene CorporationCentene Corporation is a well-diversified healthcare company that primarily provides a set of services to government-sponsored healthcare programs, while also serving under-insured and uninsured individuals through member-focused services. CNC is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Centene operates a capitated managed-care model, under which it receives a fixed payment per member per month from government programs such as Medicaid, Medicare and ACA Marketplace plans. Centene Corporation has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 40.9% over the past 60 days. CNC currently carries a Zacks Rank #1. Amneal PharmaceuticalsAmneal Pharmaceuticals, Inc. is a diversified, global biopharmaceutical company that develops, manufactures, markets and distributes a broad portfolio of essential medicines. AMRX operates principally in the United States, India and Ireland, with executive offices in Bridgewater, NJ. Its platform spans generics, injectables, biosimilars and branded specialty medications. Amneal Pharmaceuticals has an expected earnings growth rate of 22.9% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 2% over the past 60 days. AMRX currently sports a Zacks Rank #1. Cronos GroupCronos Group Inc. engages in the investment in firms that are licensed to produce and sell medical marijuana. CRON’s portfolio includes In The Zone, Peace Naturals, Whistler Medical Marijuana Co., ABcann, Hydropothecary, Vert Medical and Evergreen Medicinal Supply. Cronos Group has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the past 60 days. CRON currently has a Zacks Rank #2. |
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