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Centene Corporation has seen significant growth in its stock performance over the years. With a market capitalization of over $20 billion, the company's stock has consistently shown a steady rise.
In 2020, Centene Corporation's stock price reached an all-time high of $95.23 per share, a 30% increase from the previous year. This growth can be attributed to the company's strategic expansion into new markets and its commitment to providing affordable healthcare services.
Despite facing challenges in the healthcare industry, Centene Corporation has managed to maintain a strong financial position. Its net income has consistently been over $1 billion, with a revenue growth rate of 10% year-over-year.
The company's focus on expanding its Medicaid and Medicare business has also contributed to its success, with a 20% increase in Medicaid membership in 2020 alone.
If this caught your attention, see: Centene Corporation Health Net
About Centene Corporation
Centene Corporation was founded in 1984, making it a well-established player in the healthcare industry. The company has a significant presence with 67,700 employees.
The company operates through several segments, including Medicaid, Medicare, Commercial, and Other. Centene's CEO is Sarah London, who has likely played a key role in shaping the company's direction and strategy.
You can visit Centene's website at www.centene.com to learn more about their programs and services.
Intriguing read: Centene Corporation Headquarters
About the Company
Centene Corporation is a healthcare enterprise that was founded in 1984. The company operates through four segments: Medicaid, Medicare, Commercial, and Other.
Centene provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company's Medicaid segment offers health plan coverage for various groups, including those with medicaid expansion, aged, blind, disabled, and children's health insurance program coverage.
As of our current information, Centene has a workforce of 67,700 employees. The company's CEO is Sarah London, and its website is www.centene.com.
Centene operates in a variety of areas, including providing health plan coverage for foster care and long-term services and support.
Take a look at this: Centene Corporation Ceo
First President Over Business
Centene Corporation has a strong focus on growth in Individual Coverage Health Reimbursement Arrangements (ICHRA) business.
In January 2025, Centene Corporation named its first President over ICHRA Business.
This new leadership role is a testament to the company's commitment to ICHRA growth.
Stock Performance Overview
Centene Corporation stock has seen its fair share of ups and downs over the years. The current share price is $64.03, with a 52-week high of $81.42 and a 52-week low of $55.03.
The stock has had a 1-month change of 5.69% and a 3-month change of 0.80%. However, over the past year, it has seen a decline of 15.09%.
Here's a summary of Centene Corporation's stock performance over the past 5 years:
The stock's beta is 0.45, indicating that it is less volatile than the overall market. In fact, the company's weekly volatility has been stable over the past year, with an average weekly movement of 4%. This is lower than the healthcare industry average movement of 7.8% and the market average movement of 6.4%.
Frequently Asked Questions
Does Centene pay a dividend?
No, Centene does not pay a dividend to its shareholders. This means investors may look for alternative sources of returns on their investment.
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