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

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$194.83 +0.33 (+0.17 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$194.50
Today's Range$194.62 - $197.98
52-Week Range$163.02 - $227.13
Volume2.52 million shs
Average Volume2.88 million shs
Market Capitalization$47.45 billion
P/E Ratio18.63
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 Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorFinance
CUSIP12550910
Phone860-226-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$41.62 billion
Cash Flow$13.1199 per share
Book Value$55.71 per share

Profitability

Net Income$2.24 billion

Miscellaneous

Employees46,000
Market Cap$47.45 billion
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 declared a quarterly dividend on Wednesday, February 28th. Investors of record on Monday, March 12th will be paid a dividend of $0.04 per share on Tuesday, April 10th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date is Friday, March 9th. View Cigna's Dividend History.

How will Cigna's stock buyback program work?

Cigna declared that its Board of Directors has approved a share buyback plan on Sunday, June 4th 2017, which permits the company to buyback $3,700,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

How were Cigna's earnings last quarter?

Cigna Holding Co (NYSE:CI) released its quarterly earnings data on Thursday, November, 1st. The health services provider reported $3.84 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.45 by $0.39. The health services provider had revenue of $11.45 billion for the quarter, compared to analyst estimates of $11.19 billion. Cigna had a net margin of 6.15% and a return on equity of 23.31%. The firm's revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.83 earnings per share. View Cigna's Earnings History.

When is Cigna's next earnings date?

Cigna is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Cigna.

How can I listen to Cigna's earnings call?

Cigna will be holding an earnings conference call on Friday, February 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Cigna updated its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $14.20-14.40 for the period, compared to the Thomson Reuters consensus estimate of $13.84. The company issued revenue guidance of $45.153-45.153 billion, compared to the consensus revenue estimate of $45.18 billion.

What price target have analysts set for CI?

17 brokers have issued 12 month target prices for Cigna's stock. Their predictions range from $181.30 to $304.00. On average, they anticipate Cigna's share price to reach $231.0865 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Cigna.

What is the consensus analysts' recommendation for Cigna?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cigna in the last year. There are currently 3 hold ratings and 14 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's growth in six months' time. The company  has completed the acquisition of Express Scripts, which should lead to long-term growth. A robust Global Supplemental business, growing Government business, increasing membership, and strong capital position are the other positives. Strong 2018 outlook reflects business strength.  However, increase in leverage, rise in operating expenses and suspension of share buyback  might weigh on earnings." (1/4/2019)
  • 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 stories about CI stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cigna earned a news impact score of 3.2 on InfoTrie's scale. They also assigned news articles about the health services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Are investors shorting Cigna?

Cigna saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 6,619,874 shares, a decline of 61.5% from the December 14th total of 17,200,061 shares. Based on an average daily trading volume, of 4,629,497 shares, the short-interest ratio is currently 1.4 days. Currently, 1.8% of the company's shares are sold short. View Cigna's Current Options Chain.

Who are some of Cigna's key competitors?

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 & Director (Age 43)
  • 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 a number of of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.26%), Hexavest Inc. (0.21%), Nisa Investment Advisors LLC (0.08%), Retirement Systems of Alabama (0.07%), Gateway Investment Advisers LLC (0.05%) and Gulf International Bank UK Ltd (0.04%). Company insiders that own Cigna stock include Alan Muney, 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, Lisa R Bacus, Mary T Hoeltzel, Matthew G Manders, Michael W Triplett, Nicole S Jones, Thomas A Mccarthy and William D Zollars. View Institutional Ownership Trends for Cigna.

Which major investors are selling Cigna stock?

CI stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Tealwood Asset Management Inc. and Pure Financial Advisors Inc.. Company insiders that have sold Cigna company stock in the last year include Christopher J Hocevar, David Cordani, Hoeltzel Mary T Agoglia, Jason D Sadler, Michael W Triplett, Nicole S Jones and William D Zollars. View Insider Buying and Selling for Cigna.

Which major investors are buying Cigna stock?

CI stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, DNB Asset Management AS, State of Alaska Department of Revenue, Gibraltar Capital Management Inc., CENTRAL TRUST Co and Addenda Capital Inc.. 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 $194.83.

How big of a company is Cigna?

Cigna has a market capitalization of $47.45 billion and generates $41.62 billion in revenue each year. The health services provider earns $2.24 billion in net income (profit) each year or $10.46 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:  678 (Vote Outperform)
Underperform Votes:  459 (Vote Underperform)
Total Votes:  1,137
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 1/21/2019 by MarketBeat.com Staff

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