Centene Corporation (CNC)

In the past six months, Centene released its First Quarter 2025 earnings on April 25, 2025, and held its Annual General Meeting on May 13, 2025. On July 25, 2025, the company reported its Second Quarter 2025 financial results, which included an adjusted diluted loss per share of $(0.16), missing analyst expectations, and revenue outperforming projections at $48.74 billion. The stock price declined sharply due to the earnings miss and withdrawal of full-year 2025 guidance, attributed to rising medical costs and margin pressure. In August 2025, Centene's stock saw a jump after regulators lifted an enrollment suspension on one of its Medicare Advantage contracts. As of October 3, 2025, the share price was $38.70, representing a decline of 46.31% from October 4, 2024.

Specific demand seasonality for Centene's products and services is not explicitly detailed, but the managed healthcare market experiences some seasonal influences. The market benefits from demographic trends and the expansion of Medicaid, contributing to steady demand. Demand for Centene's services may experience fluctuations tied to health trends and program enrollment cycles, particularly during colder months when respiratory illnesses are more prevalent.

Centene Corporation is a multinational healthcare enterprise focused on government-sponsored healthcare programs, operating in the Managed Healthcare, Health Insurance, and Pharmacy industries. It provides managed care services through Medicaid, CHIP, LTSS, Medicare Advantage, Medicare Part D, and Health Insurance Marketplace plans. Centene also offers specialty services like pharmacy benefit management, behavioral health, vision and dental care, correctional healthcare, and participates in the TRICARE program.

Centene Corporation operates in all 50 U.S. states and is a leading Medicaid managed care organization with a strong presence in California, Florida, New York, and Texas. Internationally, Centene has operations through subsidiaries and investments in the United Kingdom, Spain, and Central Europe.

In the past year, Centene's brand reputation has experienced both positive recognition and challenges. The company was recognized on Forbes' list of "America's Best Employers for Company Culture™", but it has also faced reports of securities class action lawsuits being filed against the company.

Centene Corporation is a publicly traded company with diverse ownership. Institutional investors hold a significant portion of the company's shares, approximately 82.14% and 54.04% according to different sources. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Fmr Llc, Norges Bank, State Street Corp, Harris Associates L P, Capital World Investors, VTSMX, VFINX, and Geode Capital Management, Llc. Individual investors and the general public hold the remaining stake, with insiders owning a smaller percentage, around 0.63% to 1.29%.