Centene Corp vs MGM Resorts International — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while MGM Resorts International trades at $44.04 (market cap $11.10B). The key difference: Centene Corp is far larger — about 2.9× MGM Resorts International's market cap, and MGM Resorts International pays a 0.03% dividend while Centene Corp pays none. Which is the better fit depends on your goals.
| CNC | MGM | |
|---|---|---|
Market Cap | $32.05B | $11.10B |
Sector | Health | Consumer Cyclical |
52-Week High | $68.72 | $50.69 |
52-Week Low | $26.17 | $30.72 |
Enterprise Value | $21.10B | $38.40B |
Dividend Yield | — | 0.03% |
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 →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →