NYSE:CI - Cigna Stock Price, News, & Analysis

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$166.6925 +0.24 (+0.14 %)
(As of 03/18/2019 09:37 AM ET)
Previous Close$166.45
Today's Range$166.24 - $167.3150
52-Week Range$162.42 - $226.60
Volume77,338 shs
Average Volume2.93 million shs
Market Capitalization$63.35 billion
P/E Ratio11.72
Dividend Yield0.02%
Beta0.73
Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. It operates through Global Health Care, Global Supplemental Benefits, Group Disability and Life, and Other Operations segments. The Global Health Care segment offers medical, dental, behavioral health, vision, and prescription drug benefit plans, as well as health advocacy programs, and other products and services to insured and self-insured customers. This segment also provides Medicare Advantage and Medicare Part D plans to seniors, and Medicaid plans. The Global Supplemental Benefits segment offers supplemental health, life, and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability, group life, accident, and specialty insurance products and related services. The Other Operations segment offers corporate-owned life insurance products that are permanent insurance contracts sold to corporations to provide coverage. The company distributes its products and services through insurance brokers and insurance consultants; and directly to employers, unions and other groups, or individuals, as well as through direct response television and the Internet. Cigna Corporation was founded in 1792 and is headquartered in Bloomfield, Connecticut.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryManaged Health Care
SectorFinance
CUSIP12550910
Phone860-226-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$48.65 billion
Cash Flow$11.3242 per share
Book Value$168.47 per share

Profitability

Net Income$2.64 billion

Miscellaneous

Employees46,000
Market Cap$63.35 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

Cigna (NYSE:CI) Frequently Asked Questions

What is Cigna's stock symbol?

Cigna trades on the New York Stock Exchange (NYSE) under the ticker symbol "CI."

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

Cigna announced a special dividend on Thursday, February 28th. Shareholders of record on Monday, March 11th will be given a dividend of $0.04 per share on Wednesday, April 10th. The ex-dividend date of this dividend is Friday, March 8th. View Cigna's Dividend History.

How will Cigna's stock buyback program work?

Cigna declared that its Board of Directors has authorized a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $3,700,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Cigna's earnings last quarter?

Cigna Corp (NYSE:CI) posted its earnings results on Friday, February, 1st. The health services provider reported $2.46 EPS for the quarter, missing analysts' consensus estimates of $2.53 by $0.07. The health services provider earned $13.75 billion during the quarter, compared to analysts' expectations of $11.38 billion. Cigna had a net margin of 5.42% and a return on equity of 16.64%. The company's revenue for the quarter was up 29.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.94 EPS. View Cigna's Earnings History.

When is Cigna's next earnings date?

Cigna is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Cigna.

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

Cigna issued an update on its FY19 earnings guidance on Friday, February, 1st. The company provided EPS guidance of $16.00-16.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $17.14. The company issued revenue guidance of $131.5-133.5 billion, compared to the consensus revenue estimate of $135.58 billion.Cigna also updated its FY 2019 guidance to EPS.

What price target have analysts set for CI?

15 analysts have issued 12-month price targets for Cigna's shares. Their predictions range from $181.30 to $299.00. On average, they expect Cigna's share price to reach $232.8313 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Cigna.

What is the consensus analysts' recommendation for Cigna?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cigna in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cigna.

What are Wall Street analysts saying about Cigna stock?

Here are some recent quotes from research analysts about Cigna stock:
  • 1. According to Zacks Investment Research, "Shares of Cigna have outperformed its industry in the past six months. The company has completed the acquisition of Express Scripts, which is likely to fuel long-term growth. A robust Global Supplemental business, growing Government business, increasing membership  should drive revenues. Its  strong capital position enables investment in business. However, increase in leverage might pose financial risk.  Rise in operating expenses may weigh on margins. Suspension of share buyback due to the acquisition of Express Scripts might weigh on the bottom line." (2/20/2019)
  • 2. Cantor Fitzgerald analysts commented, ". We initiate coverage of Overweight rating and a 12-month price target of $245. Cigna is a large-cap health insurance company with a focus on self-insured employers. Segment accounted for 80% of operating revenue and 77% of adjusted operating income. The company also operates supplemental benefits and group disability and life businesses. the company announced the acquisition of Express Scripts (ESRX – Not Covered), a large pharmacy benefit manager (PBM). We believe the transaction, which should close by year-end 2018, is a logical fit, both strategically and financially, with natural synergies." (9/26/2018)

Has Cigna been receiving favorable news coverage?

News coverage about CI stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cigna earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave media headlines about the health services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Cigna's key competitors?

What other stocks do shareholders of Cigna own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cigna investors own include Alibaba Group (BABA), Netflix (NFLX), Boeing (BA), Bank of America (BAC), NVIDIA (NVDA), UnitedHealth Group (UNH), Gilead Sciences (GILD), Allergan (AGN), Johnson & Johnson (JNJ) and Home Depot (HD).

Who are Cigna's key executives?

Cigna's management team includes the folowing people:
  • Mr. David Michael Cordani, Pres, CEO & Director (Age 54)
  • Mr. Eric Paul Palmer, Exec. VP & CFO (Age 42)
  • Ms. Nicole Susan Jones, Exec. VP & Gen. Counsel (Age 48)
  • Mr. Matthew Glenn Manders, Pres of Strategy & Solutions (Age 57)
  • Mr. Jason D. Sadler, Pres of International Markets (Age 50)

Who are Cigna's major shareholders?

Cigna's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (13.04%), BlackRock Inc. (11.04%), FMR LLC (4.13%), Massachusetts Financial Services Co. MA (2.83%), Northern Trust Corp (2.27%) and Geode Capital Management LLC (2.03%). Company insiders that own Cigna stock include Alan Muney, Brian C Evanko, Christopher J Hocevar, David Cordani, Donna F Zarcone, Eric P Palmer, Hoeltzel Mary T Agoglia, Isaiah Harris, Jr, Jane E Md Henney, Jason D Sadler, John M Murabito, John Partridge, Lisa R Bacus, Mary T Hoeltzel, Matthew G Manders, Michael W Triplett, Nicole S Jones and William D Zollars. View Institutional Ownership Trends for Cigna.

Which institutional investors are selling Cigna stock?

CI stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, American Century Companies Inc., Brandywine Global Investment Management LLC, APG Asset Management N.V., Investec Asset Management LTD, Ruffer LLP, Orbimed Advisors LLC and Prudential PLC. Company insiders that have sold Cigna company stock in the last year include Hoeltzel Mary T Agoglia, Jason D Sadler, John Partridge, Michael W Triplett and William D Zollars. View Insider Buying and Selling for Cigna.

Which institutional investors are buying Cigna stock?

CI stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Norges Bank, Macquarie Group Ltd., Barrow Hanley Mewhinney & Strauss LLC, Northern Trust Corp, Geode Capital Management LLC and Dimensional Fund Advisors LP. Company insiders that have bought Cigna stock in the last two years include Brian C Evanko and Eric P Palmer. View Insider Buying and Selling for Cigna.

How do I buy shares of Cigna?

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

What is Cigna's stock price today?

One share of CI stock can currently be purchased for approximately $166.6925.

How big of a company is Cigna?

Cigna has a market capitalization of $63.35 billion and generates $48.65 billion in revenue each year. The health services provider earns $2.64 billion in net income (profit) each year or $14.22 on an earnings per share basis. Cigna employs 46,000 workers across the globe.

What is Cigna's official website?

The official website for Cigna is http://www.cigna.com.

How can I contact Cigna?

Cigna's mailing address is 900 COTTAGE GROVE ROAD, BLOOMFIELD CT, 06002. The health services provider can be reached via phone at 860-226-6000 or via email at [email protected]


MarketBeat Community Rating for Cigna (NYSE CI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  691 (Vote Outperform)
Underperform Votes:  470 (Vote Underperform)
Total Votes:  1,161
MarketBeat's community ratings are surveys of what our community members think about Cigna and other stocks. Vote "Outperform" if you believe CI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/18/2019 by MarketBeat.com Staff

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