Last 7 days
-0.4%
Last 30 days
6.7%
Last 90 days
1.9%
Trailing 12 Months
-18.4%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-14 | LONDON SARAH | sold (taxes) | -260,034 | 68.34 | -3,805 | chief executive officer |
2023-06-30 | Samuels Theodore R. II | acquired | - | - | 468 | - |
2023-06-30 | COUGHLIN CHRISTOPHER J | acquired | - | - | 543 | - |
2023-06-30 | DeVeydt Wayne S | acquired | - | - | 581 | - |
2023-06-30 | EPPINGER FREDERICK H | acquired | - | - | 468 | - |
2023-06-30 | Burdick Kenneth A | acquired | - | - | 524 | - |
2023-06-23 | KOSTER CHRISTOPHER | sold (taxes) | -133,199 | 66.8 | -1,994 | evp, secr. & general counsel |
2023-06-23 | LONDON SARAH | sold (taxes) | -133,199 | 66.8 | -1,994 | chief executive officer |
2023-05-10 | FORD MONTE E | acquired | - | - | 2,947 | - |
2023-05-10 | Dallas H James | acquired | - | - | 2,947 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-18 | WASHINGTON CAPITAL MANAGEMENT, INC | new | - | 569,278 | 569,278 | 0.48% |
2023-09-13 | CGC Financial Services, LLC | new | - | 5,531 | 5,531 | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 20.69 | 6,332 | 28,329 | 0.01% |
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | reduced | -17.12 | -2,106,010 | 16,109,200 | 0.42% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 25,631 | 25,631 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 84.00 | 1,349 | -% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 850,140 | 850,140 | 0.16% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | -521 | 59,033 | 0.01% |
2023-08-24 | ProVise Management Group, LLC | added | 31.1 | 99,328 | 348,312 | 0.03% |
2023-08-24 | Alberta Investment Management Corp | added | 73.25 | 19,108,000 | 41,623,400 | 0.40% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | capital world investors | 8.8% | 49,809,061 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.52% | 65,260,984 | SC 13G/A | |
Jan 31, 2023 | blackrock inc. | 7.2% | 40,669,044 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 4.9% | 28,709,382 | SC 13G/A | |
Feb 11, 2022 | capital world investors | 8.0% | 46,851,859 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 10.71% | 62,485,541 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 7.1% | 41,158,173 | SC 13G/A | |
Feb 16, 2021 | capital world investors | 6.5% | 37,874,670 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 18, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 8-K | Current Report | |
Jul 28, 2023 | 8-K | Current Report | |
Jul 28, 2023 | 10-Q | Quarterly Report | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading | |
Jun 27, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
UNH | 456.2B | 348.5B | -1.12% | -5.24% | 21.61 | 1.31 | 13.69% | 15.63% |
CI | 91.1B | 186.1B | 2.16% | 0.51% | 13.64 | 1.92 | 3.72% | 22.38% |
HUM | 65.7B | 98.7B | -1.33% | -3.60% | 23.41 | 0.71 | 10.45% | 7.48% |
CNC | 37.2B | 147.9B | 6.66% | -18.38% | 13.7 | 0.25 | 7.12% | 45.86% |
MID-CAP | ||||||||
HQY | 6.1B | 937.9M | 1.65% | -0.24% | 473.75 | 6.48 | 17.97% | 120.64% |
LHCG | 5.2B | 2.3B | 3.17% | 35.63% | 86.23 | 2.28 | 2.85% | -58.05% |
CRVL | 3.4B | 732.5M | -9.20% | 33.23% | 48.96 | 4.64 | 9.34% | 4.86% |
AMN | 3.2B | 4.4B | -5.70% | -21.20% | 10.02 | 0.73 | -16.06% | -30.43% |
PDCO | 2.8B | 6.5B | -13.85% | 14.48% | 13.14 | 0.43 | 1.83% | 10.70% |
SMALL-CAP | ||||||||
RDNT | 1.9B | 1.5B | -8.12% | 43.46% | -147.16 | 1.24 | 12.20% | -155.34% |
ADUS | 1.4B | 999.1M | -7.68% | -7.58% | 25.63 | 1.38 | 10.42% | 21.37% |
BKD | 809.4M | 3.0B | 6.17% | -17.94% | -7.85 | 0.27 | 11.66% | -12.20% |
16.6%
10.4%
-0.9%
3.7%
67.3%
26.9%
0%
Y-axis is the maximum loss one would have experienced if Centene was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.1% | 147,923 | 146,251 | 144,547 | 141,554 | 138,095 | 133,184 | 125,982 | 121,702 | 118,386 | 115,073 | 111,115 | 101,690 | 91,576 | 82,220 | 74,639 | 72,335 | 69,541 | 65,366 | 60,116 | 56,363 | 52,079 |
Costs and Expenses | 0.3% | 145,340 | 144,968 | 143,229 | 139,351 | 135,823 | 131,201 | 124,198 | 120,506 | 116,874 | 111,125 | 108,033 | 98,346 | 88,917 | 80,936 | 72,858 | 70,443 | 67,784 | 63,763 | 58,658 | 55,112 | 50,529 |
S&GA Expenses | 1.8% | 12,071 | 11,855 | 11,589 | 11,082 | 10,773 | 10,112 | 9,601 | 9,144 | 9,114 | 9,230 | 9,380 | 8,879 | 7,989 | 7,308 | 6,533 | 6,356 | 6,673 | 6,336 | 6,043 | 5,747 | 4,843 |
EBITDA | -100.0% | - | 3,925 | 4,180 | 4,350 | 4,059 | 3,958 | 3,954 | 2,944 | 2,927 | 5,633 | 4,760 | 4,855 | 4,037 | 2,497 | 2,837 | 2,892 | 2,716 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.02* | 0.05* | 0.04* | 0.05* | 0.04* | 0.03* | 0.04* | 0.04* | 0.04* | - | - | - | - |
Interest Expenses | 2.8% | 704 | 685 | 665 | 653 | 654 | 655 | 665 | 680 | 694 | 718 | 728 | 664 | 579 | 493 | 412 | 397 | 395 | 374 | 343 | 311 | 279 |
Earnings Before Taxes | 74.9% | 3,856 | 2,205 | 1,962 | 2,615 | 2,326 | 2,020 | 1,813 | 1,045 | 1,097 | 3,583 | 2,773 | 3,107 | 2,510 | 1,228 | 1,782 | 1,879 | 1,728 | 1,540 | 1,368 | 1,179 | 1,481 |
EBT Margin | -100.0% | - | 0.02* | 0.01* | 0.02* | 0.02* | 0.02* | 0.01* | 0.01* | 0.01* | 0.03* | 0.02* | 0.03* | 0.03* | 0.01* | 0.02* | 0.03* | 0.02* | - | - | - | - |
Net Income | 82.9% | 2,713 | 1,483 | 1,202 | 2,014 | 1,860 | 1,497 | 1,347 | 736 | 720 | 2,461 | 1,808 | 2,029 | 1,556 | 845 | 1,321 | 1,353 | 1,277 | 1,082 | 900 | 889 | 1,075 |
Net Income Margin | -100.0% | - | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.02* | 0.02* | 0.02* | 0.02* | 0.01* | 0.02* | 0.02* | 0.02* | - | - | - | - |
Free Cashflow | -100.0% | - | 8,392 | 5,257 | 7,493 | 5,985 | 4,348 | 3,295 | 5,643 | 2,863 | 4,907 | 4,634 | 1,008 | 1,918 | -804 | 753 | 784 | 1,498 | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.2% | 82,853 | 82,982 | 76,870 | 81,172 | 81,060 | 82,901 | 78,375 | 77,743 | 71,539 | 70,285 | 68,719 | 68,364 | 68,347 | 66,431 | 40,994 | 34,252 | 34,368 | 33,569 | 30,901 | 31,157 | 28,743 |
Current Assets | -0.4% | 34,866 | 35,009 | 30,128 | 33,275 | 32,406 | 31,110 | 28,497 | 28,056 | 25,464 | 24,440 | 23,393 | 27,275 | 26,822 | 24,696 | 20,323 | 13,457 | 13,596 | 13,616 | 11,998 | 13,088 | 12,377 |
Cash Equivalents | 8.3% | 17,170 | 15,853 | 12,074 | 14,987 | 13,435 | 11,237 | 13,214 | 13,423 | 11,018 | 9,627 | 10,800 | 12,198 | 12,798 | 9,308 | 12,131 | 6,215 | 6,875 | 6,345 | 5,350 | 6,847 | 6,707 |
Net PPE | -2.5% | 2,416 | 2,478 | 2,432 | 2,479 | 2,557 | 3,583 | 3,391 | 3,302 | 2,912 | 2,822 | 2,774 | 2,669 | 2,544 | 2,439 | 2,121 | 1,993 | 1,878 | 1,800 | 1,706 | 1,584 | 1,327 |
Goodwill | -0.6% | 18,716 | 18,836 | 18,812 | 20,040 | 20,310 | 20,903 | 19,771 | 19,699 | 18,805 | 18,788 | 18,652 | 17,964 | 17,434 | 17,417 | 6,863 | 6,872 | 7,126 | 6,981 | 7,015 | 6,803 | 1,663 |
Liabilities | -1.3% | 57,066 | 57,796 | 52,633 | 55,572 | 54,497 | 55,471 | 51,353 | 51,069 | 45,411 | 43,749 | 42,757 | 42,485 | 43,142 | 42,739 | 28,302 | 21,816 | 22,098 | 21,925 | 19,878 | 20,396 | 18,035 |
Current Liabilities | -4.7% | 31,306 | 32,857 | 28,464 | 31,330 | 29,086 | 29,685 | 25,765 | 25,042 | 23,642 | 22,279 | 21,585 | 21,795 | 21,918 | 21,651 | 12,932 | 13,280 | 12,653 | 13,143 | 11,971 | 12,741 | 9,862 |
LT Debt, Current | 13.4% | 110 | 97.00 | 82.00 | 249 | 300 | 292 | 267 | 245 | 253 | 62.00 | 97.00 | 89.00 | 106 | 129 | 88.00 | 66.00 | 87.00 | 40.00 | 38.00 | 4.00 | 4.00 |
LT Debt, Non Current | -1.8% | 17,896 | 18,223 | 17,938 | 18,084 | 18,456 | 18,640 | 18,571 | 18,594 | 16,536 | 16,695 | 16,682 | 16,737 | 16,708 | 17,150 | 13,638 | 6,975 | 7,047 | 6,775 | 6,648 | 6,379 | 6,275 |
Shareholder's Equity | 2.0% | 25,671 | 25,166 | 24,057 | 25,378 | 26,430 | 27,313 | 26,940 | 26,590 | 26,045 | 26,458 | 25,885 | 25,843 | 25,172 | 23,656 | 12,659 | 12,405 | 12,248 | 11,634 | 11,013 | 10,750 | 10,696 |
Retained Earnings | 10.1% | 11,529 | 10,471 | 9,341 | 9,554 | 8,816 | 8,988 | 8,139 | 7,540 | 6,956 | 7,491 | 6,792 | 6,804 | 6,236 | 5,030 | 4,984 | 4,775 | 4,680 | 4,185 | 3,663 | 3,422 | 3,403 |
Additional Paid-In Capital | 0.3% | 20,183 | 20,121 | 20,060 | 19,774 | 19,899 | 19,830 | 19,672 | 19,594 | 19,545 | 19,500 | 19,459 | 19,390 | 19,333 | 19,279 | 7,647 | 7,571 | 7,531 | 7,491 | 7,449 | 7,395 | 7,355 |
Shares Outstanding | -1.0% | 546 | 552 | 551 | 570 | 584 | 583 | 582 | 583 | 583 | 582 | 581 | 580 | 579 | 544 | 415 | 414 | 413 | 413 | 412 | 411 | 391 |
Minority Interest | -21.8% | 97.00 | 124 | 124 | 156 | 141 | 144 | 145 | 124 | 134 | 116 | 112 | 118 | 116 | 107 | 108 | 94.00 | 94.00 | 94.00 | 96.00 | 97.00 | 87.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -8.6% | 8,571 | 9,379 | 6,261 | 8,512 | 6,982 | 5,313 | 4,205 | 6,511 | 3,757 | 5,786 | 5,503 | 1,871 | 2,724 | -73.00 | 1,483 | 1,500 | 2,147 | 704 | 1,234 | 2,318 | 1,867 |
Share Based Compensation | -1.3% | 222 | 225 | 234 | 256 | 245 | 222 | 203 | 190 | 204 | 215 | 281 | 289 | 269 | 256 | 177 | 146 | 150 | 150 | 145 | 141 | 140 |
Cashflow From Investing | 41.4% | -453 | -773 | -2,921 | -3,999 | -5,024 | -5,093 | -3,299 | -6,697 | -5,343 | -4,290 | -6,955 | -2,844 | -3,635 | -4,431 | -1,532 | -2,410 | -4,261 | -4,194 | -4,585 | -4,131 | -2,023 |
Cashflow From Financing | -6.8% | -4,146 | -3,882 | -4,197 | -2,700 | 424 | 937 | 1,362 | 1,474 | -165 | -652 | 260 | 7,087 | 6,975 | 7,613 | 6,832 | 280 | 470 | 4,157 | 4,612 | 4,381 | 4,257 |
Buy Backs | 1.6% | 3,504 | 3,448 | 3,096 | 1,911 | 684 | 339 | 297 | 105 | 98.00 | 97.00 | 626 | 604 | 599 | 598 | 75.00 | 95.00 | 95.00 | 97.00 | 71.00 | 64.00 | 63.00 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Premium and service revenues | $ 34,838 | $ 33,968 | $ 69,790 | $ 68,200 |
Premium tax | 2,770 | 1,968 | 6,707 | 4,921 |
Total revenues | 37,608 | 35,936 | 76,497 | 73,121 |
Expenses: | ||||
Medical costs | 29,347 | 27,312 | 58,781 | 55,150 |
Cost of services | 877 | 2,099 | 1,747 | 4,087 |
Selling, general and administrative expenses | 3,016 | 2,800 | 6,027 | 5,545 |
Depreciation expense | 146 | 164 | 288 | 320 |
Amortization of acquired intangible assets | 179 | 199 | 362 | 398 |
Premium tax expense | 2,854 | 2,041 | 6,865 | 5,047 |
Impairment | 18 | 1,450 | 38 | 1,450 |
Total operating expenses | 36,437 | 36,065 | 74,108 | 71,997 |
Earnings (loss) from operations | 1,171 | (129) | 2,389 | 1,124 |
Other income (expense): | ||||
Investment and other income | 425 | 42 | 778 | 94 |
Debt extinguishment | 0 | 13 | 0 | 16 |
Interest expense | (181) | (162) | (361) | (322) |
Earnings (loss) before income tax | 1,415 | (236) | 2,806 | 912 |
Income tax expense (benefit) | 360 | (65) | 621 | 231 |
Net earnings (loss) | 1,055 | (171) | 2,185 | 681 |
(Earnings) loss attributable to noncontrolling interests | 3 | (1) | 3 | (4) |
Net earnings (loss) attributable to Centene Corporation | $ 1,058 | $ (172) | $ 2,188 | $ 677 |
Net earnings (loss) per common share attributable to Centene Corporation: | ||||
Basic earnings (loss) per common share (in dollars per share) | $ 1.93 | $ (0.29) | $ 3.98 | $ 1.16 |
Diluted earnings (loss) per common share (in dollars per share) | $ 1.92 | $ (0.29) | $ 3.96 | $ 1.15 |
Weighted average number of common shares outstanding: | ||||
Basic (in shares) | 548,932 | 583,644 | 549,850 | 583,435 |
Diluted (in shares) | 550,308 | 583,644 | 551,996 | 590,226 |
Premium | ||||
Revenues: | ||||
Premium and service revenues | $ 33,713 | $ 31,510 | $ 67,538 | $ 63,399 |
Service | ||||
Revenues: | ||||
Premium and service revenues | $ 1,125 | $ 2,458 | $ 2,252 | $ 4,801 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 17,170 | $ 12,074 |
Premium and trade receivables | 13,601 | 13,272 |
Short-term investments | 2,212 | 2,321 |
Other current assets | 1,883 | 2,461 |
Total current assets | 34,866 | 30,128 |
Long-term investments | 16,108 | 14,684 |
Restricted deposits | 1,355 | 1,217 |
Property, software and equipment, net | 2,416 | 2,432 |
Goodwill | 18,716 | 18,812 |
Intangible assets, net | 6,520 | 6,911 |
Other long-term assets | 2,872 | 2,686 |
Total assets | 82,853 | 76,870 |
Current liabilities: | ||
Medical claims liability | 16,884 | 16,745 |
Accounts payable and accrued expenses | 9,868 | 9,525 |
Return of premium payable | 2,071 | 1,634 |
Unearned revenue | 2,373 | 478 |
Current portion of long-term debt | 110 | 82 |
Total current liabilities | 31,306 | 28,464 |
Long-term debt | 17,896 | 17,938 |
Deferred tax liability | 495 | 615 |
Other long-term liabilities | 7,369 | 5,616 |
Total liabilities | 57,066 | 52,633 |
Commitments and contingencies | ||
Redeemable noncontrolling interests | 19 | 56 |
Stockholders' equity: | ||
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at June 30, 2023 and December 31, 2022 | 0 | 0 |
Common stock, $0.001 par value; authorized 800,000 shares; 614,743 issued and 546,003 outstanding at June 30, 2023, and 607,847 issued and 550,754 outstanding at December 31, 2022 | 1 | 1 |
Additional paid-in capital | 20,183 | 20,060 |
Accumulated other comprehensive (loss) | (998) | (1,132) |
Retained earnings | 11,529 | 9,341 |
Treasury stock, at cost (68,740 and 57,093 shares, respectively) | (5,044) | (4,213) |
Total Centene stockholders' equity | 25,671 | 24,057 |
Nonredeemable noncontrolling interest | 97 | 124 |
Total stockholders' equity | 25,768 | 24,181 |
Total liabilities, redeemable noncontrolling interests and stockholders' equity | $ 82,853 | $ 76,870 |