Centene Corp vs Hormel Foods Corp — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while Hormel Foods Corp trades at $24.36 (market cap $13.37B). The key difference: Centene Corp is far larger — about 2.4× Hormel Foods Corp's market cap, and Hormel Foods Corp pays a 4.81% dividend while Centene Corp pays none. Which is the better fit depends on your goals.
| CNC | HRL | |
|---|---|---|
Market Cap | $32.05B | $13.37B |
Sector | Health | Consumer Staples |
52-Week High | $68.72 | $29.25 |
52-Week Low | $26.17 | $19.74 |
Enterprise Value | $21.10B | $15.37B |
Dividend Yield | — | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →