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; and run-off settlement annuity contracts. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorFinance
SymbolNYSE:CI
CUSIP12550910
Phone860-226-6000
Debt
Debt-to-Equity Ratio0.35
Current Ratio0.38
Quick Ratio0.38
Price-To-Earnings
Trailing P/E Ratio18.00
Forward P/E Ratio13.58
P/E Growth1.08
Sales & Book Value
Annual Sales$41.62 billion
Price / Sales1.10
Cash Flow$13.4817 per share
Price / Cash13.97
Book Value$55.71 per share
Price / Book3.38
Profitability
EPS (Most Recent Fiscal Year)$10.46
Net Income$2.24 billion
Net Margins5.82%
Return on Equity22.27%
Return on Assets5.06%
Miscellaneous
Employees46,000
Outstanding Shares243,370,000
Market Cap$44.60 billion
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 annualized dividend and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, March 9th. View CIGNA's Dividend History.
How will CIGNA's stock buyback program work?
CIGNA declared that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase $3,700,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.
How were CIGNA's earnings last quarter?
CIGNA Co. (NYSE:CI) released its earnings results on Thursday, August, 2nd. The health services provider reported $3.89 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.33 by $0.56. The health services provider had revenue of $11.50 billion for the quarter, compared to analyst estimates of $11.20 billion. CIGNA had a return on equity of 22.27% and a net margin of 5.82%. CIGNA's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company posted $2.91 EPS. View CIGNA's Earnings History.
When is CIGNA's next earnings date?
What guidance has CIGNA issued on next quarter's earnings?
CIGNA updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided EPS guidance of $13.60-13.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.21.
What price target have analysts set for CI?
12 brokerages have issued twelve-month target prices for CIGNA's shares. Their forecasts range from $191.00 to $255.00. On average, they expect CIGNA's share price to reach $222.5833 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for CIGNA.
What is the consensus analysts' recommendation for CIGNA?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CIGNA in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CIGNA.
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 53)
- Mr. Eric Paul Palmer, Exec. VP & CFO (Age 41)
- Ms. Nicole Susan Jones, Exec. VP & Gen. Counsel (Age 47)
- Mr. Jason D. Sadler, Pres of International Markets (Age 49)
- Mr. Christopher J. Hocevar, Pres of Strategy, Segments & Solutions (Age 44)
Has CIGNA been receiving favorable news coverage?
News headlines about CI stock have trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CIGNA earned a coverage optimism score of 0.02 on Accern's scale. They also assigned news stories about the health services provider an impact score of 46.23 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for CIGNA.
Who are CIGNA's major shareholders?
CIGNA's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.15%), FMR LLC (3.11%), Massachusetts Financial Services Co. MA (2.31%), Veritas Asset Management LLP (1.82%), Sanders Capital LLC (1.37%) and Boston Partners (1.19%). 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 institutional investors are selling CIGNA stock?
CI stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Wells Fargo & Company MN, Artisan Partners Limited Partnership, Bank of Montreal Can, Natixis, Assenagon Asset Management S.A., Waddell & Reed Financial Inc. and Jennison Associates LLC. Company insiders that have sold CIGNA company stock in the last year include Alan Muney, Christopher J Hocevar, David Cordani, Donna F Zarcone, Hoeltzel Mary T Agoglia, Isaiah Harris, Jr, Jane E Md Henney, John M Murabito, Mary T Hoeltzel, Michael W Triplett, Nicole S Jones and William D Zollars. View Insider Buying and Selling for CIGNA.
Which institutional investors are buying CIGNA stock?
CI stock was purchased by a variety of institutional investors in the last quarter, including Veritas Asset Management LLP, FMR LLC, Renaissance Technologies LLC, Arrowgrass Capital Partners US LP, PointState Capital LP, Sanders Capital LLC, Putnam Investments LLC and Rovida Advisors 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 $188.34.
How big of a company is CIGNA?
CIGNA has a market capitalization of $44.60 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.
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)
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.
