CNC — Centene Corp

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Centene Corp

Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$58.82
Market Cap$28.53B
Float458.4M
Shares Outstanding493.8M
P/E (Forward)16.75
Price/Sales (TTM)0.16
vs. Analyst Target-3.1% to analyst PT
Profit Margin-3.61%
Operating Margin (TTM)5.07%
Revenue (TTM)$178.33B
Earnings Growth (YoY)18.30%
Dividend RateNone
Analyst Target Price$57.00 (19 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $111.11B $1.81B $15.22B $4.76B
2021 $125.98B $1.35B $14.20B $3.81B
2022 $144.55B $1.20B $16.66B $4.06B
2023 $154.00B $2.70B $31.54B $2.93B
2024 $163.07B $3.31B $16.83B $6.20B
2025 $194.78B -$6.67B $23.83B -$5.14B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $48.74B -$253M
Sep 2025 $49.69B -$6.63B
Dec 2025 $49.73B -$1.10B
Mar 2026 $49.94B $1.54B

Ownership & Float

Insider Ownership0.4%
Institutional Ownership100.1%
Short Float3.3%
% of All Funds Holding9.95%
Number of Funds Holding818

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$46.99Near-term / short-term trend
Weekly40-Week SMA$40.47Medium-term trend
Weekly80-Week SMA$46.87Cyclical trend (business cycle)
Weekly200-Week SMA$62.74Secular trend (multi-year)
Monthly10-Month SMA$41.40Near-term monthly trend
Monthly20-Month SMA$48.82Medium-term monthly trend
Monthly40-Month SMA$59.91Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$29.20 support 1.63x 7 months ago
$26.20 support 1.64x 8 months ago
$75.00 resistance 1.81x 18 months ago

Historical Earnings Reactions (97 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.02% 0.39% 64.95% 10.27% -34.09%
1 Day 0.34% 0.71% 58.76% 13.95% -40.37%
1 Week 0.21% 0.64% 53.61% 21.79% -42.59%
2 Weeks 0.60% 1.28% 56.70% 36.34% -48.56%
1 Month 0.57% -0.18% 48.96% 30.09% -53.73%

Next earnings: July 17, 2026 (49 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.3%60.0%25
Feb-1.7%44.0%25
Mar2.1%68.0%25
Apr4.2%56.0%25
May4.3%62.5%24
Jun1.2%58.3%24
Jul-1.7%45.8%24
Aug-0.5%45.8%24
Sep1.1%45.8%24
Oct3.5%58.3%24
Nov5.4%79.2%24
Dec2.8%62.5%24

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.09% 50.3% 1153
Tuesday 0.20% 51.0% 1263
Wednesday 0.14% 53.2% 1262
Thursday 0.07% 51.8% 1237
Friday 0.15% 51.4% 1234

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 100.1%

Insider Transactions — Smart Summary

Total insider ownership: 0.4%

12-Month Insider Activity Summary

Total Filings3
Net Value+$490,365
Net Shares Change-37,777
% of Float-0.0%
C-Suite Filings1
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Burdick Kenneth A -$2.6M 1 1 sell
LONDON SARAH Chief Executive Officer +$490,365 1 1 buy
Samuels Theodore R. II +$248,580 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-08-11 LONDON SARAH Chief Executive Officer +$490,365 Transaction at $25.50, now +130.7%
2025-07-29 Samuels Theodore R. II +$248,580 Transaction at $27.62, now +113.0%
2025-12-05 Burdick Kenneth A -$2.6M Transaction at $39.02, now +50.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Centene Corp (CNC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CNC on Trend Edge →