The Latest Breaking News from Centene

Upgrades

US crude oil futures traded higher this morning on Wednesday after dropping sharply in the previous session. Investors, meanwhile, focused on some notable insider trades.

Centene's (NYSE:CNC) short percent of float has risen 55.64% since its last report. The company recently reported that it has 8.31 million shares sold short, which is 2.07% of all regular shares that are available for trading.

Centene (NYSE:CNC) has outperformed the market over the past 5 years by 6.23% on an annualized basis producing an average annual return of 16.19%. Currently, Centene has a market capitalization of $49.46 billion.

US gold futures traded lower on Friday. Investors, meanwhile, focused on some notable insider trades.

Upgrades

Ahead of its investor day, Centene Corp (NYSE:CNC) increased its Premium and Service Revenues FY22 guidance range by $2.0 billion to $134.3 billion - $136.3 billion. The company also increased adjusted EPS guidance by $0.15 to $5.55 - $5.70 vs. the consensus of $5.49. The company's 2022 financial guidance has been updated to…

Over the past 3 months, 5 analysts have published their opinion on Centene (NYSE:CNC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

BBC Panorama claims Operose Health uses physician associates, who are cheaper to employ than doctors, to assess patients

Centene's (NYSE:CNC) short percent of float has risen 7.87% since its last report. The company recently reported that it has 7.85 million shares sold short, which is 1.37% of all regular shares that are available for trading.

Centene (NYSE:CNC) has outperformed the market over the past 5 years by 5.11% on an annualized basis producing an average annual return of 14.96%. Currently, Centene has a market capitalization of $45.83 billion.