The Cigna Group (CI)
| Market Cap | 89.95B |
| Revenue (ttm) | 229.75B |
| Net Income (ttm) | 3.04B |
| Shares Out | 278.15M |
| EPS (ttm) | 10.57 |
| PE Ratio | 30.60 |
| Forward PE | 10.55 |
| Dividend | $5.60 (1.73%) |
| Ex-Dividend Date | Dec 4, 2024 |
| Volume | 1,196,640 |
| Open | 322.69 |
| Previous Close | 322.50 |
| Day's Range | 319.49 - 324.39 |
| 52-Week Range | 253.95 - 370.83 |
| Beta | 0.51 |
| Analysts | Strong Buy |
| Price Target | 393.76 (+21.76%) |
| Earnings Date | Oct 31, 2024 |
About 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 product... [Read more]
Financial Performance
In 2023, The Cigna Group's revenue was $195.19 billion, an increase of 8.42% compared to the previous year's $180.03 billion. Earnings were $5.16 billion, a decrease of -22.97%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for CI stock is "Strong Buy." The 12-month stock price forecast is $393.76, which is an increase of 21.76% from the latest price.
News
CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices
CVS Health, UnitedHealth Group and Cigna sued the Federal Trade Commission, claiming the agency's case against drug middlemen over high insulin prices in the U.S. is unconstitutional. The complaint i...
3-Stock Lunch: Cigna, Coinbase, & Draft Kings
Victoria Greene, G Squared Private Wealth CIO, joins CNBC's 'Power Lunch' to discuss three stocks: Cigna, Coinbase, and Draft Kings.
Why Cigna Deal With Humana Made Little Sense To Begin With
The Cigna Group confirmed “it is not pursuing a combination with Humana.”
Humana Stock Tumbles. Cigna Won't Pursue the Health Insurer.
Investors have long appeared skeptical about a potential merger between the two health insurers.
Cigna says it will not pursue combination with Humana
Health insurer Cigna Group said on Monday it is not pursuing a combination with peer Humana.
The Cigna Group Affirming Its Capital Priorities
Reaffirming Previously Provided Outlook for Full-Year 2024, and adjusted EPS growth of at least 10% in 2025 Confirming it is not Pursuing a Combination with Humana Inc. Confirming Continuing to Use Ca...
Trump Win Gives Some U.S. Health Insurers A Post-Election Bump On Wall Street
Several US health insurers saw notable stock price gains following the reelection of former US President Donald Trump amid an expectation of less federal scrutiny. Humana Inc. experienced the largest ...
Cigna's Impressive Q3: 4 Compelling Reasons To Buy Now
The Cigna Group's Q3 2024 results showed once again strong revenue and earnings growth. Yet, CI shares are down almost 20% from their 52-week-high. In this article, I will discuss the reasons for the ...
Cigna Healthcare, Infirmary Health Reach Medicare Advantage Agreement
Infirmary's hospitals, facilities and doctors on Alabama's Gulf Coast are now in-network for Cigna Healthcare MA customers MOBILE, Ala. , Nov. 1, 2024 /PRNewswire/ -- Cigna Healthcare and Mobile-based...
The Cigna Group (CI) Q3 2024 Earnings Call Transcript
The Cigna Group (NYSE:CI) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Ralph Giacobbe - Senior Vice President of Investor Relations David Cordani - Chairman and C...
Cigna's Q3 Profit Beats Street On Strong Demand For Pharmacy Benefit Management's Specialty Drugs, New Clients
On Thursday, Cigna Corporation CI reported third-quarter sales of $63.7 billion, up 30% year-over-year, beating the consensus of $59.35 billion.
Cigna tops quarterly profit estimates on strength in pharmacy benefit management unit
Cigna beat Wall Street estimates for third-quarter profit on Thursday, as its unit that runs the pharmacy benefit management business added new clients and saw strong demand for close copies of a bloc...
The Cigna Group Reports Strong Third Quarter 2024 Results, Reaffirms 2024 Adjusted EPS Outlook
Total revenues for the third quarter 2024 increased 30% to $63.7 billion Shareholders' net income for the third quarter 2024 was $0.7 billion, or $2.63 per share Adjusted income from operations1 for t...
Cigna Turns $739 Million Profit Despite $1 Billion Loss On VillageMD
The Cigna Group reported a $739 million third quarter profit despite a $1 billion loss on its investment in clinic operator VillageMD.
Cigna Earnings Are Soon. It's Been a Bumpy Season for Managed Care Stocks.
Analysts expect the company to report earnings of $7.23 per share for the third quarter and sales of $59.6 billion.
Keia Clarke, CEO of the New York Liberty, and Dr. Renee Mclaughlin, National Medical Director at Cigna to Be Honored at The NYC LGBT Community Center's 2024 Women's Event
NEW YORK--(BUSINESS WIRE)--The Center's Women's Event honors Keia Clarke and Dr. Renee Mclaughlin for LGBTQ+ advocacy in sports and healthcare, Sydnee Washington to host.
The Cigna Group Declares Quarterly Dividend
BLOOMFIELD, Conn. , Oct. 23, 2024 /PRNewswire/ -- The Board of Directors of The Cigna Group (NYSE: CI) today declared a cash dividend of $1.40 per share of its common stock, payable on December 19, 20...
'Overuse' is causing healthcare insurer headwinds, says Mizuho's Jared Holz
Jared Holz, Mizuho healthcare equity strategist, joins CNBC's 'The Exchange' to discuss why healthcare insurer stocks are down, whether weight loss drugs have any impact, and more.
Cigna, Humana Merger Discussions Reportedly Revived
Humana (HUM) shares edged higher Monday morning on a report that The Cigna Group (CI) has resumed discussions to buy its smaller health insurance rival after negotiations fell apart last year. Cigna s...
Cigna And Humana Revive Early Merger Talks After Year-Long Pause As Medicare Cost Pressure Looms
In a significant development in the health insurance industry, Cigna Group CI has reinitiated discussions to merge with Humana Inc. HUM, potentially creating a giant in the sector.
Cigna, Humana Resume Merger Talks, Report Says. Why It's Different This Time.
Key developments since the talks between the healthcare insurers broke down last year mean a deal now looks more likely.
Potential Cigna buyout of Humana is a ‘when,' not an ‘if,' analyst says
Humana's stock looked to rally Monday. And Mizuho analyst Ann Hynes said she believes a buyout by Cigna Group is likely — it's just a matter of timing.
Cigna Healthcare Commits $600,000 To Reduce Food Insecurity Among Seniors
54 community-based organizations receive funds to support the dietary needs of older adults BLOOMFIELD, Conn. , Oct. 21, 2024 /PRNewswire/ -- Cigna Healthcare, the health benefits division of The Cign...
Cigna resumes merger discussions with Humana, Bloomberg News reports
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the m...
Cigna Breaks Below 200-Day Moving Average
In trading on Friday, shares of The Cigna Group crossed below their 200 day moving average of $340.21, changing hands as low as $338.60 per share. The Cigna Group shares are currently trading off abou...