Previous close | 72.26 |
Open | 72.47 |
Bid | 72.01 x 800 |
Ask | 0.00 x 800 |
Day's range | 71.85 - 73.23 |
52-week range | 60.83 - 81.42 |
Volume | |
Avg. volume | 3,072,770 |
Market cap | 38.513B |
Beta (5Y monthly) | 0.39 |
PE ratio (TTM) | 14.55 |
EPS (TTM) | 4.95 |
Earnings date | 26 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 89.73 |
Friday, the Agency for Health Care Administration announced contracts to five health plans due for the re-procurement of the Statewide Medicaid Managed Care (SMMC) program. Florida has finally announced its long-awaited Medicaid contract awards, keeping Centene Inc (NYSE:CNC), Elevance Health Inc (NYSE:ELV), and Humana Inc (NYSE:HUM) as the only providers in each state region. Stephens noted that Centene and Elevance Health re-procured specialty contracts (MMASC) while Centene also retained its
Centene's (CNC) Meridian secures a contract from the Michigan Department of Health and Human Services, which gives it the opportunity to better serve the health needs of the state's Medicaid members.
Insurance giants have a bigger stake in this year’s presidential election after recent moves by the Biden administration cut into the profitability of Medicare Advantage plans.