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Cigna Corp (CI)
NYSE:CI
Cigna (CI) Stock Price & Analysis
2,931 Followers
CI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$236.21 - $365.71
Previous Close$347.35
Volume287.56K
Average Volume (3M)1.49M
Market Cap
$99.12B
Enterprise Value$100.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.72B
Price to Earnings (P/E)28.5
Beta0.37
Next Earnings
Aug 01, 2024EPS Estimate
$6.56Next Dividend Ex-Date
Jun 04, 2024Dividend Yield1.47%
Share Statistics
EPS (TTM)12.18
Shares Outstanding284,074,001
10 Day Avg. Volume1,579,721
30 Day Avg. Volume1,485,898
Standard Deviation0.08
R-Squared0.14
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-2.93
Price to Sales (P/S)1.72
Price to Cash Flow (P/CF)5.10
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.53
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$394.00Price Target Upside12.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Cigna News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst maintains a Buy rating for CI with a price target of $385, reflecting confidence in the company's sustained financial health and potential for stock appreciation.
Innovation And Market PositionThe introduction of the EncircleRx Cardiodiabesity program showcases CI's commitment to innovation and addressing critical healthcare spending areas, potentially strengthening its market position.
Operational EfficiencyCI's moderation in outpatient utilization trends and favorable prior year development signal operational efficiencies that could be a positive influence on the company's profitability.
Bears Say
Financial PerformanceEvernorth gross margins declined due to the Centene contract and growing adoption of GLP-1s, potentially diluting margins.
Market ValuationThe significant narrowing of relative valuation gives us some pause when considering getting more constructive on the stock.
MembershipTotal membership declined, mainly driven by decreases in the Commercial ASO business and the Individual Exchange.
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Ownership Overview
1.50% Insiders
32.04% Mutual Funds
26.19% Other Institutional Investors
40.26% 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 $236.21 and its highest was $365.71 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 83 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 1.47%. See more information on Cigna Corp dividends here
What is Cigna Corp’s EPS estimate?
Cigna Corp’s EPS estimate is $6.56.
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 -3.55%.
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 4B.
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Cigna Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$394.00 (12.92% Upside)
$394.00 (12.92% Upside)
Blogger Sentiment
Bullish
CI Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 141.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.61%
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
$394.00
▲(12.92% Upside)
Technical Analysis
Best Analysts Covering CI
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+18.83%
reiterated a buy rating 8 days ago
Copying Ann Hynes's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +18.83% per trade.
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