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

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$153.16 -0.66 (-0.43 %)
(As of 04/24/2019 12:20 PM ET)
Previous Close$153.82
Today's Range$151.57 - $154.38
52-Week Range$141.95 - $226.60
Volume31,260 shs
Average Volume2.96 million shs
Market Capitalization$58.21 billion
P/E Ratio10.78
Dividend Yield0.03%
Beta0.71
Cigna Corporation, a health service organization, provides insurance and related products and services in the United States and internationally. It operates through Integrated Medical, Health Services, International Markets, and Group Disability and Other segments. The Integrated Medical segment offers medical, pharmacy, dental, behavioral health and vision, health advocacy programs, and other products and services to insured and self-insured clients; Medicare Advantage, Medicare Supplement, and Medicare Part D plans to Medicare-eligible beneficiaries, as well as Medicaid plans; and health insurance coverage to individual customers on and off the public exchanges. The Health Services segment provides clinical solutions, specialized pharmacy care, home delivery pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management drug claim adjudication, digital consumer health and drug information, provider, and medical benefit management services. The International Markets segment offers supplemental health, life and accident insurance products, and health care coverage, as well as health care benefits to mobile employees of multinational organizations. This segment offers health coverage, hospitalization, dental, critical illness, personal accident, term life, and variable universal life products. The Group Disability and Other segment provides group long-term and short-term disability, group life, accident, and voluntary and specialty insurance products and related services; and permanent insurance contracts to corporations to provide coverage on the lives of certain employees for the purpose of financing employer-paid future benefit obligations. The company distributes its products and services through insurance brokers and insurance consultants; and directly to employers, unions and other groups, or individuals. 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$48.65 billion
Cash Flow$11.4727 per share
Book Value$107.72 per share

Profitability

Net Income$2.64 billion

Miscellaneous

Employees73,800
Market Cap$58.21 billion
Next Earnings Date5/2/2019 (Confirmed)
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 special dividend on Thursday, February 28th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.04 per share on Wednesday, April 10th. The ex-dividend date is Friday, March 8th. View Cigna's Dividend History.

How will Cigna's stock buyback program work?

Cigna declared that its board has approved a share repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $3,700,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Cigna's earnings last quarter?

Cigna Corp (NYSE:CI) issued its earnings results on Friday, February, 1st. The health services provider reported $2.46 EPS for the quarter, missing the Zacks' consensus estimate of $2.53 by $0.07. The health services provider earned $13.75 billion during the quarter, compared to analyst estimates of $11.38 billion. Cigna had a net margin of 5.42% and a return on equity of 16.64%. The company's quarterly revenue was up 29.3% on a year-over-year basis. During the same period last year, the firm 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.

How can I listen to Cigna's earnings call?

Cigna will be holding an earnings conference call on Thursday, May 2nd 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 FY19 earnings guidance on Friday, February, 1st. The company provided earnings per share 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?

16 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 stock price to reach $229.0294 in the next year. This suggests a possible upside of 49.5% from the stock's current price. View Analyst Price Targets for Cigna.

What is the consensus analysts' recommendation for Cigna?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cigna in the last year. There are currently 2 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, "Cigna’s acquisition of Express Scripts is likely to fuel long-term growth. A robust Global Supplemental business, growing Government business and increasing membership should drive revenues. Along with top-line growth, Cigna has been able to maintain bottom-line profitability as well. Its strong capital position enables investment in business. However, its shares have underperformed its industry in a year’s time.  An 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." (4/23/2019)
  • 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 negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cigna earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the health services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock'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 Boeing (BA), Bank of America (BAC), Alibaba Group (BABA), UnitedHealth Group (UNH), Netflix (NFLX), NVIDIA (NVDA), Mastercard (MA), Allergan (AGN), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

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 43)
  • Ms. Nicole Susan Jones, Exec. VP & Gen. Counsel (Age 48)
  • Dr. Alan Marc Muney, Exec. VP of Total Health & Network and Chief Medical Officer (Age 65)
  • Mr. Jason D. Sadler, Pres of International Markets (Age 50)

Who are Cigna's major shareholders?

Cigna's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Investec Asset Management LTD (0.21%), Maj Invest Holding A S (0.20%), DNB Asset Management AS (0.18%), Hexavest Inc. (0.14%), Nisa Investment Advisors LLC (0.05%) and Strs Ohio (0.05%). 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 major investors are selling Cigna stock?

CI stock was sold by a variety of institutional investors in the last quarter, including Maj Invest Holding A S, Strs Ohio, First Quadrant L P CA, Gyroscope Capital Management Group LLC, Nisa Investment Advisors LLC, Chesley Taft & Associates LLC, Highland Capital Management LLC and E&G Advisors LP. 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 major investors are buying Cigna stock?

CI stock was bought by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Avalon Advisors LLC, DNB Asset Management AS, Gateway Investment Advisers LLC, Pacer Advisors Inc., Tibra Equities Europe Ltd, Hexavest Inc. and Moody National Bank Trust Division. 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 $153.22.

How big of a company is Cigna?

Cigna has a market capitalization of $58.23 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 73,800 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:  704 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  1,184
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 4/24/2019 by MarketBeat.com Staff

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