IMPORTANT DISCLAIMER: Blank Capital Research ("BCR") is a technology platform, not a registered investment advisor or broker-dealer. The algorithmically generated signals, scores, and rankings provided on this site ("God Mode" Signals) are for informational and research purposes only and do not constitute financial advice, investment recommendations, or an offer to sell or solicit an offer to buy any securities.
HYPOTHETICAL PERFORMANCE RESULTS: The "timing scores" and "regime signals" displayed are based on quantitative models. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
RISK OF LOSS: Trading in financial markets involves a high degree of risk and may result in the loss of your entire investment. Data provided by third-party sources (Intrinio, Snowflake) is believed to be reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.
© 2026 Blank Capital Research. All rights reserved. System Version: Aegis V8 (God Mode).
Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#3060
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Insurance
$17.5B
Sarah M. London
Centene Corporation provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members.
Headcount
74.3K
HQ Base
Wilmington, Missouri
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$CNC CENTENE CORP | 43 | 44 | 24 | 49 | - | - | -24.3% | -6.3% | 31.4% | -2.5% | -2.3% | 24.7% | 0.0% | 87.0x | $17.5B | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
CENTENE CORP (CNC) receives a "Reduce" rating with a composite score of 43.4/100. It ranks #3060 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
Sign in to join the discussion.
In-line with peers — no strong momentum signal
Expensive relative to fundamentals — limited margin of safety
Average quality profile
High volatility — wider range of outcomes increases timing risk
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for CNC.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 44 | 74 | -30DRAG |
| MOMENTUM | 49 | 51 | -2NEUTRAL |
| VALUATION | 24 | 8 | +16ALPHA |
| INVESTMENT | 26 | 27 | -1NEUTRAL |
| STABILITY | 33 | 26 | +7ALPHA |
| SHORT INT | 55 | 66 | -11DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC -1384.4% vs WACC 5.7% (spread -1390.1%)
GM 31% vs sector 78%, OM -3% vs sector 18%
Capital turnover 447.76x
Rev growth 25%, 10yr history
Interest coverage -44.8x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate CENTENE CORP (CNC) as a Reduce with a composite score of 43.4/100 at a current price of $42.01. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
CENTENE CORP holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 43.4/100 places it at rank #3060 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Vulnerability to macroeconomic shocks and interest rate volatility.
CENTENE CORP represents a reduce based on multi-factor quantitative performance.
CENTENE CORP receives a Reduce rating from our analysis, with a composite score of 43.4/100 and 2 out of 5 stars, ranking #3060 out of 7,333 stocks. CNC's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
CNC's quality score of 44/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of -24.3% (sector avg: 9.0%), gross margins of 31.4% (sector avg: 77.7%), net margins of -2.3% (sector avg: 21.9%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
CNC registers a value score of just 24/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/B ratio of 1.06x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
CENTENE CORP's investment score of 26/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 24.7% vs. a sector average of 10.7% and a return on assets of -6.3% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
CNC is currently showing below-average momentum at 49/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at 24.7% year-over-year, while a beta of 0.16 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
CNC's stability score of 33/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 0.16 and a debt-to-equity ratio of 87.00x (sector avg: 0.5x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
The short interest score of 55/100 for CNC suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 87.00x). With a $17.5B market cap (large-cap), CENTENE CORP may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
CENTENE CORP is a large-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #3060 of 7,333 overall (58th percentile). Key comparisons include ROE of -24.3% trailing the 9.0% sector median and operating margins of -2.5% below the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While CNC currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
Upgrade catalyst
Improvement in Value (24) would have the largest impact on the composite score.
ROE 370% BELOW SECTOR MEDIAN
Gross Margin 60% BELOW SECTOR MEDIAN
Op. Margin 114% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Molina Healthcare (NYSE:MOH) reported mixed fourth quarter results, with revenue growth but an adjusted loss per share that missed expectations. Retroactive revenue items affected the quarter, complicating the picture around the stability of Medicaid related earnings. Management guidance pointed to declining premium revenue and EPS in 2026, with expectations for recovery in 2027. Following the update, several analysts downgraded the stock and highlighted concerns about the company’s ability...
In recent years, Centene’s Health Net unit invested more than US$284 million in California community programs to expand access to medical, behavioral, nutritional, and supportive services for Medi-Cal members, while the company has also been adopting AI-powered healthcare transportation technologies. These efforts to improve whole-person care, reduce health disparities, and enhance medical transport efficiency highlight how Centene is tying technology and community investment to its core...
Buckeye Health Plan (Buckeye) has awarded $141,000 to six Ohio healthcare providers through the National Council on Independent Living's Barrier Removal Fund. The program is part of the Provider Accessibility Initiative, which offers financial assistance to Ohio medical providers to improve accessibility for patients with disabilities.
Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), invested more than $284 million to strengthen and support community-based organizations from 2020 to 2025. This investment underscores Health Net's decades-long work to advancing access to quality healthcare, including medical, behavioral, nutritional, and supportive services.
UNH's UnitedHealthcare has seen revenues jump 15.7% last year, but margins tumbled as medical costs surged. Can repricing revive earnings in 2026?