Balance Sheet Dive: Centene Corp (CNC)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $53.51 in the prior trading day, Centene Corp (NYSE: CNC) closed at $53.57, up 0.11%. In other words, the price has increased by $0.11 from its previous closing price. On the day, 6.43 million shares were traded. CNC stock price reached its highest trading level at $55.15 during the session, while it also had its lowest trading level at $53.26.

Ratios:

Our goal is to gain a better understanding of CNC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.

On June 02, 2025, Barclays Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $65.

Jefferies Upgraded its Underperform to Hold on April 08, 2025, while the target price for the stock was maintained at $64.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’25 when FASOLA KENNETH J bought 8,500 shares for $59.06 per share.

Greco Thomas bought 17,000 shares of CNC for $1,015,750 on Dec 18 ’24. The Director now owns 19,309 shares after completing the transaction at $59.75 per share. On Dec 16 ’24, another insider, Dallas H James, who serves as the Director of the company, bought 1,693 shares for $59.01 each. As a result, the insider paid 99,904 and bolstered with 1,693 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNC now has a Market Capitalization of 26656593920 and an Enterprise Value of 27792592896. As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.98, and their Forward P/E ratio for the next fiscal year is 6.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.181 whereas that against EBITDA is 4.286.

Stock Price History:

The Beta on a monthly basis for CNC is 0.45, which has changed by -0.19200605 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, CNC has reached a high of $80.59, while it has fallen to a 52-week low of $52.93. The 50-Day Moving Average of the stock is -7.79%, while the 200-Day Moving Average is calculated to be -13.16%.

Shares Statistics:

The stock has traded on average 4.93M shares per day over the past 3-months and 5251260 shares per day over the last 10 days, according to various share statistics. A total of 497.52M shares are outstanding, with a floating share count of 491.78M. Insiders hold about 1.17% of the company’s shares, while institutions hold 98.52% stake in the company. Shares short for CNC as of 1749772800 were 9306435 with a Short Ratio of 1.89, compared to 1747267200 on 10926586. Therefore, it implies a Short% of Shares Outstanding of 9306435 and a Short% of Float of 2.1399999999999997.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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