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Cigna Corp (CI)
NYSE:CI
Cigna (CI) Stock Price & Analysis
3,016 Followers
CI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$251.86 - $364.21
Previous Close$335.84
Volume1.17M
Average Volume (3M)1.58M
Market Cap
$95.40B
Enterprise Value$97.29B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.72B
Price to Earnings (P/E)27.6
Beta0.21
Next Earnings
Aug 01, 2024EPS Estimate
$6.43Last Dividend Ex-Date
Jun 04, 2024Dividend Yield1.57%
Share Statistics
EPS (TTM)12.18
Shares Outstanding284,074,001
10 Day Avg. Volume1,450,916
30 Day Avg. Volume1,576,655
Standard Deviation0.08
R-Squared0.12
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-2.88
Price to Sales (P/S)0.49
Price to Cash Flow (P/CF)5.00
P/FCF Ratio7.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.51
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$395.36Price Target Upside17.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Cigna News
PremiumCompany Announcements
Cigna Appoints Jamie Kates as New Chief Accounting OfficerBulls Say, Bears Say
Bulls Say
Earnings GrowthCigna has a unique and defensible leadership position in the fast-growing specialty pharmacy market which, together with the company's insurance segment and core PBM business, should support long-term adjusted EPS growth at a 10-14% CAGR.
Market PositionCigna is undervalued relative to its earnings potential and is initiated at Overweight with a $400 price target.
Strategic SaleThe sale of the Medicare Advantage business to HCSC is expected to be a positive catalyst for Cigna when it closes.
Bears Say
Financial PerformanceEvernorth's margins were weak, with both PBM and S&C segments facing higher onboarding and growth investments than anticipated.
Membership DeclineTotal membership declined by 596,000, primarily due to significant drops in both the Commercial ASO and Individual Exchange sectors.
Operational DisruptionCigna experienced disruptions in claims receipts due to the Change hack.
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Ownership Overview
1.51% Insiders
33.15% Mutual Funds
20.81% Other Institutional Investors
44.53% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CI FAQ
What was Cigna Corp’s price range in the past 12 months?
Cigna Corp lowest stock price was $251.86 and its highest was $364.21 in the past 12 months.
What is Cigna Corp’s market cap?
Currently, no data Available
When is Cigna Corp’s upcoming earnings report date?
Cigna Corp’s upcoming earnings report date is Aug 01, 2024 which is in 10 days.
How were Cigna Corp’s earnings last quarter?
Cigna Corp released its earnings results on May 02, 2024. The company reported $6.47 earnings per share for the quarter, beating the consensus estimate of $6.22 by $0.25.
Is Cigna Corp overvalued?
According to Wall Street analysts Cigna Corp’s price is currently Undervalued.
Does Cigna Corp pay dividends?
Cigna Corp pays a Quarterly dividend of $1.4 which represents an annual dividend yield of 1.57%. See more information on Cigna Corp dividends here
What is Cigna Corp’s EPS estimate?
Cigna Corp’s EPS estimate is $6.43.
How many shares outstanding does Cigna Corp have?
Cigna Corp has 284,074,000 shares outstanding.
What happened to Cigna Corp’s price movement after its last earnings report?
Cigna Corp reported an EPS of $6.47 in its last earnings report, beating expectations of $6.22. Following the earnings report the stock price went down -3.551%.
Which hedge fund is a major shareholder of Cigna Corp?
Among the largest hedge funds holding Cigna Corp’s share is Dodge & Cox. It holds Cigna Corp’s shares valued at 5B.
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Cigna Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$395.36 (17.72% Upside)
$395.36 (17.72% Upside)
Blogger Sentiment
Bullish
CI Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 960.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.77%
12-Months-Change
Fundamentals
Return on Equity
8.45%
Trailing 12-Months
Asset Growth
4.03%
Trailing 12-Months
Company Description
Cigna Corp
Founded in 1792, Cigna Corporation is a Connecticut-based global health services company, which provides insurance and related products and services. It operates through the following segments: Health Services, Integrated Medical, International Markets, and Group Disability and Other.
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CI Company Deck
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CI Earnings Call
Q1 2024
0:00 / 0:00
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CI Stock 12 Month Forecast
Average Price Target
$395.36
▲(17.72% Upside)
Technical Analysis
Best Analysts Covering CI
1 Year
1 Year Success Rate
29/37 ratings generated profit
1 Year Average Return
+15.39%
reiterated a buy rating 3 months ago
Copying David Windley's trades and holding each position for 1 Year would result in 78.38% of your transactions generating a profit, with an average return of +15.39% per trade.
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