Free Trial

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

$319.12
-6.31 (-1.94%)
(As of 07/5/2024 08:52 PM ET)
Today's Range
$316.55
$325.01
50-Day Range
$319.14
$357.11
52-Week Range
$253.95
$365.71
Volume
1.61 million shs
Average Volume
1.61 million shs
Market Capitalization
$90.65 billion
P/E Ratio
26.20
Dividend Yield
1.75%
Price Target
$376.20

The Cigna Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.9% Upside
$376.20 Price Target
Short Interest
Healthy
1.37% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.19
Upright™ Environmental Score
News Sentiment
1.51mentions of The Cigna Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$7.98 M Sold Last Quarter
Proj. Earnings Growth
12.25%
From $28.48 to $31.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Medical Sector

13th out of 879 stocks

Hospital & Medical Service Plans Industry

3rd out of 11 stocks

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. In addition, it offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. The company 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

Operation Replace Biden is a Go
Last night’s debate proved me right: Joe Biden will be replaced. I’ve been making this warning for months… and people laughed at me.
Short Interest in The Cigna Group (NYSE:CI) Grows By 16.5%
Operation Replace Biden is a Go
Last night’s debate proved me right: Joe Biden will be replaced. I’ve been making this warning for months… and people laughed at me.
Cigna: Will Benefit From Lower Medicaid Enrollments
See More Headlines
Receive CI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Cigna Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/20 Dividend
6/04/2024
Dividend Payable
6/20/2024
Today
7/08/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & medical service plans
Sub-Industry
Managed Health Care
CUSIP
12550910
Employees
72,500
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$376.20
High Stock Price Target
$435.00
Low Stock Price Target
$330.00
Potential Upside/Downside
+17.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
17 Analysts

Profitability

Net Income
$5.16 billion
Pretax Margin
1.94%

Debt

Sales & Book Value

Annual Sales
$195.27 billion
Cash Flow
$35.82 per share
Book Value
$158.03 per share

Miscellaneous

Free Float
282,085,000
Market Cap
$90.65 billion
Optionable
Optionable
Beta
0.52

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

Should I Buy The Cigna Group Stock? CI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Cigna Group:

  • The Cigna Group's stock has been rated positively by analysts, with an average target price of $376.20, indicating potential for growth.
  • Insiders have been actively selling shares, which could be seen as a positive sign of confidence in the company's performance.
  • Recent analyst reports have upgraded The Cigna Group to a "strong-buy" rating, suggesting a favorable outlook for the company.
  • The company's CEO and other insiders own significant shares in the company, aligning their interests with shareholders.
  • The Cigna Group provides insurance and related services in the United States, operating in a stable and essential industry.

Cons

Investors should be bearish about investing in The Cigna Group for these reasons:

  • Despite positive analyst ratings, there is always a level of risk associated with investing in any company, including The Cigna Group.
  • Insiders selling shares could also be interpreted as a lack of long-term confidence in the company's growth potential.
  • Market conditions and regulatory changes in the insurance industry could impact The Cigna Group's financial performance and stock value.
  • Competition within the insurance sector may pose challenges for The Cigna Group in maintaining market share and profitability.
  • Investors should carefully consider their risk tolerance and investment goals before deciding to invest in The Cigna Group.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these The Cigna Group pros and cons to contact@marketbeat.com.

CI Stock Analysis - Frequently Asked Questions

How have CI shares performed this year?

The Cigna Group's stock was trading at $299.45 at the beginning of 2024. Since then, CI shares have increased by 6.6% and is now trading at $319.12.
View the best growth stocks for 2024 here
.

How were The Cigna Group's earnings last quarter?

The Cigna Group (NYSE:CI) posted its quarterly earnings results on Thursday, May, 2nd. The health services provider reported $6.47 earnings per share for the quarter, topping the consensus estimate of $6.17 by $0.30. The Cigna Group's revenue was up 23.2% compared to the same quarter last year.
Read the conference call transcript
.

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.

Does The Cigna Group have any subsidiaries?

The Cigna Group subsidiaries include Express Scripts Holding Company, Brighter, Zurich Insurance Middle East, Alegis Care, Firstassist Insurance Services Ltd, Cigna HealthSpring, Choicelinx, and others.

Who are The Cigna Group's major shareholders?

The Cigna Group's top institutional shareholders include DNB Asset Management AS (0.04%), Trinity Street Asset Management LLP (0.03%), Massmutual Trust Co. FSB ADV (0.01%) and HBW Advisory Services LLC. Insiders that own company stock include David Cordani, Eric P Palmer, Brian C Evanko, Jason D Sadler, Michael W Triplett, Nicole S Jones, Donna F Zarcone, Noelle K Eder, Paul A Sanford, Cynthia Ryan, Elder Granger, Everett Neville and Hoeltzel Mary T Agoglia.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of The Cigna Group own?

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

This page (NYSE:CI) was last updated on 7/8/2024 by MarketBeat.com Staff

From Our Partners