Centene Corp. stock holds steady as Fitch keeps rating at BBB with negative outlook
Published on 09/10/2026 at 14:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Centene Corp. stock (ISIN US15133V1035) was changing hands at around USD 64.17 on the New York Stock Exchange as of September 10, 2026, close to its recent trading range and supported by solid second quarter 2026 results showing higher revenue and earnings versus the prior year period.
Fitch keeps Centene at BBB with negative outlook
According to Fitch Ratings on September 9, 2026, Centene Corporation’s issuer default rating was affirmed at BBB, while the outlook remained negative, reflecting regulatory and execution risks in its managed care operations.
In its analysis, Fitch Ratings highlighted Centene’s sizeable scale in Medicaid and Affordable Care Act marketplaces and noted that leverage and margins need to remain within targeted ranges to support the rating over time.
Q2 2026 results show year-on-year growth
Per the company’s most recent quarterly figures for the second quarter 2026, as reported on its investor communications and summarized by major financial portals, Centene generated approximately USD 40.0 billion in total revenue in Q2 2026, up about 5.0 percent from roughly USD 38.1 billion in the second quarter 2025.
For the same quarter, Centene’s adjusted earnings per share were around USD 2.25, compared with about USD 2.10 in Q2 2025, indicating profit growth of roughly 7.1 percent year on year as the mix of membership and pricing supported margins.
Management confirmed its full year 2026 guidance range for adjusted earnings per share at roughly USD 9.00 to USD 9.30, implying mid to high single digit growth versus fiscal year 2025 and signaling confidence in operating trends despite the negative outlook from Fitch Ratings.
Analyst view and valuation context
According to data cited by MarketBeat on September 10, 2026, Centene currently holds an average analyst rating of Hold with a consensus target price of USD 70.05, suggesting upside of around 9.2 percent from the USD 64.17 share price level.
The same overview from MarketBeat noted that the fifty day moving average stands at USD 65.53 while the 200 day moving average is USD 54.76, indicating that Centene Corp. stock is trading above its longer term trend line but slightly below its shorter term average.
Stock price and market metrics
Shares of Centene Corp. opened at USD 64.17 on the New York Stock Exchange on September 10, 2026, with the prior close cited around the mid USD 64 range and only a modest daily percentage move, pointing to a relatively flat session in recent trading.
Centene Corp. stock at a glance
- Company: Centene Corporation
- ISIN: US15133V1035
- Ticker: CNC
- Trading venue: New York Stock Exchange
- Price (as of September 10, 2026): 64.17 USD
- Sector / Industry: Health Care / Managed Care
- Index membership: S&P 500
