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The Cigna Group Stock Price, News & Analysis (NYSE:CI)

$257.78
-3.88 (-1.48%)
(As of 12/5/2023 ET)
Compare
Today's Range
$257.13
▼
$262.71
50-Day Range
$257.78
▼
$318.89
52-Week Range
$240.50
▼
$340.11
Volume
2.74 million shs
Average Volume
1.66 million shs
Market Capitalization
$75.43 billion
P/E Ratio
14.54
Dividend Yield
1.91%
Price Target
$336.40
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

The Cigna Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
30.5% Upside
$336.40 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.19
Upright™ Environmental Score
News Sentiment
0.45mentions of The Cigna Group in the last 14 days
Based on 37 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.74%
From $24.82 to $28.23 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.06 out of 5 stars

Medical Sector

17th out of 948 stocks

Hospital & Medical Service Plans Industry

2nd out of 10 stocks

See Top Rated MarketRank™ Stocks Here

CI stock logo

About The Cigna Group Stock (NYSE:CI)

The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut.

CI Stock Price History

CI Stock News Headlines

December 2, 2023 | marketbeat.com
Mega merger in the works? Humana, Cigna explore big deal (CI)
Humana and Cigna are exploring a merger, aiming to conclude the deal before year-end, creating a healthcare giant with a potential market value of $137 billion.
December 4, 2023 | finance.yahoo.com
The Cigna Group's Dividend Analysis
December 6, 2023 | Financial Alphas (Ad)
Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
December 4, 2023 | finance.yahoo.com
Is It Time to Buy the S&P 500's 3 Worst-Performing November Stocks?
December 2, 2023 | americanbankingnews.com
Royal Bank of Canada Reiterates Sector Perform Rating for The Cigna Group (NYSE:CI)
December 1, 2023 | proactiveinvestors.com
Humana and Cigna Group in merger talks: report
December 1, 2023 | benzinga.com
A Closer Look at Cigna Group's Options Market Dynamics
December 1, 2023 | finance.yahoo.com
Q3 2023 Kroger Co Earnings Call
December 6, 2023 | Edge On The Street (Ad)
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
December 1, 2023 | americanbankingnews.com
Stock Traders Purchase High Volume of Call Options on The Cigna Group (NYSE:CI)
November 30, 2023 | finance.yahoo.com
UnitedHealth, IBD Stock Of The Day, Tops Buy Point As Cigna, Humana Mull Merger
November 30, 2023 | finance.yahoo.com
The Cigna Group (NYSE:CI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
November 30, 2023 | msn.com
The antitrust tripwire for Cigna and Humana
November 30, 2023 | finance.yahoo.com
Musk Warns of Troubles at X. What Its Demise Could Mean for Tesla.
November 30, 2023 | finance.yahoo.com
Analyzing Cigna & Humana Merger Talks: Opportunities & Obstacles
November 30, 2023 | finance.yahoo.com
Kroger Reports Modest Growth Amid Economic Challenges, Updates Full-Year Guidance
November 29, 2023 | bloomberg.com
Cigna’s Humana Play Could Benefit From Sale of Medicare Business
November 29, 2023 | msn.com
These Stocks Moved the Most Today: GM, Cigna, Petco, Fluence Energy, GameStop, NetApp, Workday, and More
November 29, 2023 | finance.yahoo.com
Cigna, Humana Are Discussing Cash and Stock Merger, WSJ Says
November 29, 2023 | bizjournals.com
Humana in talks to merge with Cigna, Wall Street Journal reports
November 29, 2023 | msn.com
US health insurers Humana, Cigna in talks to merge -source
November 29, 2023 | axios.com
Cigna and Humana reportedly in merger talks
November 29, 2023 | reuters.com
Health insurers Humana, Cigna in talks to merge - WSJ
November 29, 2023 | marketwatch.com
Cigna Shares Fall After WSJ Reports Combination Talks With Humana
November 29, 2023 | msn.com
Cigna and Humana in talks on combining in what would be a mega deal: WSJ
November 29, 2023 | finance.yahoo.com
Cigna Stock Falls, Humana Ticks Higher After Report of Merger Talks
November 29, 2023 | finance.yahoo.com
Cigna, Humana in Talks for Blockbuster Merger
See More Headlines
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Company Calendar

Ex-Dividend for 9/21 Dividend
9/05/2023
Dividend Payable
9/21/2023
Last Earnings
11/02/2023
Today
12/05/2023
Ex-Dividend for 12/21 Dividend
12/05/2023
Dividend Payable
12/21/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/02/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Hospital & medical service plans
Sub-Industry
Managed Health Care
Sector
Medical
Current Symbol
NYSE:CI
CUSIP
12550910
CIK
701221
Web
www.cigna.com
Phone
(860) 226-6000
Fax
860-226-6741
Employees
71,300
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$336.40
High Stock Price Target
$370.00
Low Stock Price Target
$300.00
Potential Upside/Downside
+30.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$17.73
Trailing P/E Ratio
14.54
Forward P/E Ratio
10.39
P/E Growth
0.97
Net Income
$6.67 billion
Net Margins
2.79%
Pretax Margin
3.50%
Return on Equity
12.62%
Return on Assets
3.85%

Debt

Debt-to-Equity Ratio
0.61
Current Ratio
0.71
Quick Ratio
0.71

Sales & Book Value

Annual Sales
$180.52 billion
Price / Sales
0.42
Cash Flow
$32.02 per share
Price / Cash Flow
8.05
Book Value
$146.81 per share
Price / Book
1.76

Miscellaneous

Outstanding Shares
292,620,000
Free Float
290,864,000
Market Cap
$75.43 billion
Optionable
Optionable
Beta
0.56

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CI Stock Analysis - Frequently Asked Questions

Should I buy or sell The Cigna Group stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Cigna Group in the last year. There are currently 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CI shares.
View CI analyst ratings or view top-rated stocks.

What is The Cigna Group's stock price target for 2024?

11 Wall Street analysts have issued 12-month price targets for The Cigna Group's shares. Their CI share price targets range from $300.00 to $370.00. On average, they predict the company's share price to reach $336.40 in the next year. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for CI or view top-rated stocks among Wall Street analysts.

How have CI shares performed in 2023?

The Cigna Group's stock was trading at $331.34 at the beginning of the year. Since then, CI stock has decreased by 22.2% and is now trading at $257.78.
View the best growth stocks for 2023 here.

When is The Cigna Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 2nd 2024.
View our CI earnings forecast.

How were The Cigna Group's earnings last quarter?

The Cigna Group (NYSE:CI) posted its quarterly earnings results on Thursday, November, 2nd. The health services provider reported $6.77 earnings per share for the quarter, beating the consensus estimate of $6.66 by $0.11. The health services provider had revenue of $49.05 billion for the quarter, compared to analysts' expectations of $48.14 billion. The Cigna Group had a trailing twelve-month return on equity of 12.62% and a net margin of 2.79%. The Cigna Group's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the business earned $6.04 earnings per share.
Read the conference call transcript.

How often does The Cigna Group pay dividends? What is the dividend yield for The Cigna Group?

The Cigna Group announced a quarterly dividend on Wednesday, October 25th. Shareholders of record on Wednesday, December 6th will be given a dividend of $1.23 per share on Thursday, December 21st. This represents a $4.92 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Tuesday, December 5th.
Read our dividend analysis for CI.

Is The Cigna Group a good dividend stock?

The Cigna Group (NYSE:CI) pays an annual dividend of $4.92 per share and currently has a dividend yield of 1.83%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CI will have a dividend payout ratio of 17.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CI.

What ETFs hold The Cigna Group's stock?

ETFs with the largest weight of The Cigna Group (NYSE:CI) stock in their portfolio include iShares U.S. Healthcare Providers ETF (IHF), Simplify Health Care ETF (PINK), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Alpha Intelligent - Large Cap Value ETF (AILV), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL), Davis Select U.S. Equity ETF (DUSA), LeaderShares AlphaFactor Tactical Focused ETF (LSAT) and Fidelity Blue Chip Value ETF (FBCV).

What guidance has The Cigna Group issued on next quarter's earnings?

The Cigna Group updated its FY23 earnings guidance on Monday, December, 4th. The company provided earnings per share (EPS) guidance of $24.75 for the period, compared to the consensus EPS estimate of $24.83.

What is David Cordani's approval rating as The Cigna Group's CEO?

1,329 employees have rated The Cigna Group Chief Executive Officer David Cordani on Glassdoor.com. David Cordani has an approval rating of 91% among the company's employees. This puts David Cordani in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of The Cigna Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Cigna Group investors own include NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Salesforce (CRM), Alibaba Group (BABA), CVS Health (CVS), UnitedHealth Group (UNH), Intel (INTC), Johnson & Johnson (JNJ) and Micron Technology (MU).

Who are The Cigna Group's major shareholders?

The Cigna Group's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (5.46%), Massachusetts Financial Services Co. MA (4.00%), Sanders Capital LLC (2.61%), Morgan Stanley (1.70%), Ameriprise Financial Inc. (1.26%) and Northern Trust Corp (1.11%). Insiders that own company stock include Brian C Evanko, Cynthia Ryan, David Cordani, Donna F Zarcone, Elder Granger, Eric P Palmer, Everett Neville, Hoeltzel Mary T Agoglia, Jason D Sadler, John M Murabito, Matthew G Manders, Michael W Triplett, Nicole S Jones, Paul A Sanford, Steven B Miller and Timothy C Wentworth.
View institutional ownership trends.

How do I buy shares of The Cigna Group?

Shares of CI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does The Cigna Group have any subsidiaries?
The following companies are subsidiares of The Cigna Group: Accredo Health Group, Accredo Health Incorporated, Alegis Care, Allegiance Life & Health Insurance Company, Allegiance Re, American Retirement Life Insurance Company, Benefits Management Corp., Bravo Health Mid-Atlantic, Bravo Health Pennsylvania, Brighter, CareAllies, CareCore National LLC, Central Reserve Life Insurance Company, Ceres Sales of Ohio, Choicelinx, Cigna & CMB Life Insurance Company Limited, Cigna Apac Holdings Limited, Cigna Arbor Life Insurance Company, Cigna Beechwood Holdings, Cigna Behavioral Health, Cigna Behavioral Health of California, Cigna Behavioral Health of Texas, Cigna Bellevue Alpha, Cigna Benefits Financing, Cigna Brokerage & Marketing (Thailand) Limited, Cigna Cedar Holdings, Cigna Chestnut Holdings, Cigna Corporate Services, Cigna Data Services (Shanghai) Company Limited, Cigna Dental Health, Cigna Dental Health Plan of Arizona, Cigna Dental Health of California, Cigna Dental Health of Colorado, Cigna Dental Health of Delaware, Cigna Dental Health of Florida, Cigna Dental Health of Illinois, Cigna Dental Health of Kansas, Cigna Dental Health of Kentucky, Cigna Dental Health of Maryland, Cigna Dental Health of Missouri, Cigna Dental Health of New Jersey, Cigna Dental Health of North Carolina, Cigna Dental Health of Ohio, Cigna Dental Health of Pennsylvania, Cigna Dental Health of Texas, Cigna Dental Health of Virginia, Cigna Elmwood Holdings, Cigna Europe Insurance Company S.A.-N.V., Cigna European Services (UK) Limited, Cigna Finans Emeklilik ve Hayat A.S., Cigna Global Holdings, Cigna Global Insurance Company Limited, Cigna Global Reinsurance Company, Cigna Global Wellbeing Holdings Limited, Cigna Global Wellbeing Solutions Limited, Cigna HLA Technology Services Company Limited, Cigna Health Corporation, Cigna Health Management, Cigna Health Solutions India Pvt. Ltd., Cigna Health and Life Insurance Company, Cigna HealthSpring, Cigna Healthcare Holdings, Cigna Healthcare Mid-Atlantic, Cigna Healthcare of Arizona, Cigna Healthcare of California, Cigna Healthcare of Colorado, Cigna Healthcare of Connecticut, Cigna Healthcare of Florida, Cigna Healthcare of Georgia, Cigna Healthcare of Illinois, Cigna Healthcare of Indiana, Cigna Healthcare of Maine, Cigna Healthcare of Massachusetts, Cigna Healthcare of New Hampshire, Cigna Healthcare of New Jersey, Cigna Healthcare of North Carolina, Cigna Healthcare of Pennsylvania, Cigna Healthcare of South Carolina, Cigna Healthcare of St. Louis, Cigna Healthcare of Tennessee, Cigna Healthcare of Texas, Cigna Healthcare of Utah, Cigna Holding Company, Cigna Holdings, Cigna Holdings Overseas, Cigna Hong Kong Holdings Company Limited, Cigna Insurance Middle East S.A., Cigna Insurance Public Company Limited, Cigna Insurance Services (Europe) Limited, Cigna Intellectual Property, Cigna International Corporation, Cigna International Health Services, Cigna International Health Services BVBA, Cigna International Health Services Kenya Limited, Cigna International Health Services SDN BHD, Cigna International Services, Cigna International Services Australia Pty. Ltd., Cigna Investment Group, Cigna Investments, Cigna Korean Chusik Hoesa, Cigna Laurel Holdings, Cigna Legal Protection UK Ltd., Cigna Life Insurance Company of Canada, Cigna Life Insurance Company of Europe S.A.- N.V., Cigna Life Insurance Company of New York, Cigna Life Insurance New Zealand Limited, Cigna Linden Holdings, Cigna Magnolia Holdings, Cigna Myrtle Holdings, Cigna Nederland Alpha Cooperatief U.A., Cigna Nederland Beta B.V., Cigna Nederland Gamma B.V., Cigna Oak Holdings, Cigna Palmetto Holdings, Cigna Poplar Holdings, Cigna Sequoia Holdings, Cigna Spruce Holdings GmbH, Cigna Taiwan Life Assurance Company Limited, Cigna Walnut Holdings, Cigna Willow Holdings, Cigna Worldwide General Insurance Company Limited, Cigna Worldwide Insurance Company, Cigna Worldwide Life Insurance Company Limited, CignaTTK Health Insurance Company Limited, Connecticut General Corporation, Connecticut General Life Insurance Company, CuraScript Inc., E-2 CIGNA CORPORATION - 2018 Form 10-K, ESI Mail Pharmacy Service Inc., ESI Partnership, ESI Resources Inc., Express Scripts Holding Company, Express Scripts Inc., Express Scripts Pharmaceutical LLC, Express Scripts Pharmacy Inc., Express Scripts Strategic Development Inc., FirstAssist Administration Limited, Firstassist Insurance Services Ltd, Great-West Healthcare of Illinois, Grown Ups New Zealand Limited, Health-Lynx LLC, HealthSource, HealthSpring, HealthSpring Life & Health Insurance Company, HealthSpring of Alabama, HealthSpring of Florida, HealthSpring of Tennessee, KDM Thailand Limited, LINA Financial Services, LINA Life Insurance Company of Korea, Life Insurance Company of North America, Loyal American Life Insurance Company, MCC Independent Practice Association of New York, Manipal Cigna Health Insurance Company Limited, Medco Containment Life Insurance Company, Medco Health Services Inc., Medco Health Solutions Inc., NewQuest, NewQuest Management Northeast, Olympic Health Management Services, Oz Parent, PT Asuransi Cigna, Provident American Life and Health Insurance Company, Qualcare, Qualcare Alliance Networks, Qualcare Captive Insurance Company Inc. PCC, Qualcare Management Resources Limited Liability Company, RHP (Thailand) Limited, Scibal Associates, Sterling Life Insurance Company, Tel-Drug, Tel-Drug of Pennsylvania, Temple Insurance Company Limited, United Benefit Life Insurance Company, Verity Solutions Group, Zurich Insurance Middle East, and eviCore 1 LLC.
Read More
This page (NYSE:CI) was last updated on 12/6/2023 by MarketBeat.com Staff

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