Centene Achieves Large Cap Milestone with Addition to S&P 500
On March 29, 2016, Centene moved up to the Standard & Poor’s 500 Index (S&P 500®), a stock market index from S&P Dow Jones Indices that is widely regarded as the best single gauge of large-cap U.S. equities chosen for market size, liquidity and industry grouping, among other factors. Meant to reflect the risk/return characteristics of the large cap universe, there is over $7.8 trillion benchmarked to the index, with index assets comprising approximately $2.2 trillion of this total. The index, which includes 500 leading companies and captures approximately 80 percent coverage of available market capitalization, is updated according to market changes and fluctuation.
Centene Climbs to No. 66 in FORTUNE 500® Ranking
Centene ranked No. 66 on the 2017 Fortune 500 list of largest U.S. corporations by revenue, up from No. 124 in 2016. Since first entering the list in 2010, Centene has climbed 420 spots.
Centene Climbs to No. 244 in FORTUNE Global 500 Ranking
Centene climbed to No. 244 on the 2017 Fortune Global 500 list of the world’s largest corporations by revenue. Centene first appeared on the list in 2016 at No. 470.
The Russell 1000 Index is the large-cap index of the top 1,000 U.S. common stocks, ranked by market capitalization. It incorporates respective variables to determine Valuation (Growth/Value) or Stability (Defensive/Dynamic) styles, at each annual reconstitution period (May 31). The Russell Midcap Index includes the bottom 800 stocks in the Russell 1000 Index. The Russell Top 200 Index plus the Russell Midcap Index yields the Russell 1000 Index. Centene was added to this index in 2014.
Barron’s 400 Index
Centene Corporation was selected to the September 2014 edition of the Barron’s 400 Index, a national rating of public companies, issued bi-annually by the financial multi-media company. After going through this reconstitution and rebalance procedure, fewer than 6% of all North American publicly-listed companies are selected each six-month period.