CNC

Centene Corp.

Healthcare · $30.5B market cap

Verdict

Share price

$62.99

close of Oct 3, 2026

Fair value

$59.25

Sticker Price

Payback Price

$23.70

buy price

Fairly Valued

CNC is Fairly Valued: at $62.99 it's within 6% of its fair value of $59.25. Its buy price (Payback Price) is $23.70, 62% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 10% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth25.1% a year✓
Equity per share growth21.4% a year✓
Sales growth24.2% a year✓
Free cash flow growth23.9% a year✓
Return on invested capital-1.3%✗

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Superinvestors

2 of the investors we track hold CNC. In Q2 2026, 1 added and 1 trimmed. Who we track

Moves in Q2 2026

Added: Tweedy Browne

Trimmed: Bill Nygren

Insider activity

Since Jun 15, 2026: no open-market purchases, 2 sales worth $6.9M and 8 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

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…

Medical - Healthcare Plans

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works