Centene Corporation is a healthcare company. Co. provides services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. It provides a range of managed healthcare products and services, primarily through Medicaid, Medicare, and commercial products. Its segments include Medicaid, Medicare, Commercial and Other. It offers Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. We show 64 historical shares outstanding datapoints in our CNC shares outstanding history coverage, used to compute CNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Centene market cap history over the course of time is important for investors
interested in comparing Centene's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Centene versus a peer is one thing; comparing
Centene market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Centene can fluctuate over the course of history.
With this page we aim to empower investors researching Centene by allowing them to research the Centene market cap history. |
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Video: The Importance of Market Cap
