Our Centene Corporation (CNC) ESG Review
Symbol | CNC |
Price | $56.90 |
52 Week High 📈 | $81.42 |
52 Week Low 📉 | $55.03 |
Earnings Per Share 💵 | 5.79 |
Dividend Yield 🔁 |
Our Take
Centene Corporation is an American multinational managed care corporation based in St. Louis, Missouri. The company operates health insurance plans for government-sponsored programs in the United States and is a Fortune 500 company. According to S&P Global Market Intelligence, as of 2020 Centene was the largest Medicaid managed care organization by membership in the United States.
The company is committed to providing high-quality, affordable health care to underserved populations and has been recognized for its work in this area. In 2019, Centene was named to Fortune magazine’s list of the “World’s Most Admired Companies” and ranked first in the health care insurance and managed care category.
Centene’s ESG efforts are led by a dedicated team of professionals who work collaboratively across the organization to integrating ESG considerations into business decisions. The company has set ambitious targets for 2020 and beyond, including a goal to become carbon neutral by 2025. Centene’s approach to ESG is rooted in its commitment to improving the health of the communities it serves. The company’s ESG strategy focuses on three key areas: access to quality health care, social determinants of health, and environmental sustainability.
Operates in the healthcare industry which is generally considered to be a defensive sector
The company's business model is focused on serving low-income and underrepresented communities, which could prove to be a tailwind as healthcare reform efforts continue in the United States
Has a strong history of dividend growth
The company's stock is trading at a premium relative to its peers
The company's profits are largely dependent on government funding, which could be at risk if there are changes in healthcare policy
Company | Centene Corporation |
Exchange | NYSE |
Address | Centene Plaza, 7700 Forsyth Boulevard, Saint Louis, USA |
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FAQ
How much is Centene Corporation (CNC) stock?
The current stock price of Centene Corporation (CNC) is $56.90.