Cigna Corporation (CI)
| Market Cap | 98.93B |
| Revenue (ttm) | 195.27B |
| Net Income (ttm) | 5.16B |
| Shares Out | 283.65M |
| EPS (ttm) | 17.39 |
| PE Ratio | 20.04 |
| Forward PE | 11.90 |
| Dividend | $5.60 (1.61%) |
| Ex-Dividend Date | Mar 5, 2024 |
| Volume | 1,521,085 |
| Open | 349.71 |
| Previous Close | 346.08 |
| Day's Range | 347.00 - 353.38 |
| 52-Week Range | 240.50 - 365.71 |
| Beta | 0.58 |
| Analysts | Strong Buy |
| Price Target | 367.53 (+5.38%) |
| Earnings Date | May 2, 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, Cigna's revenue was $195.27 billion, an increase of 8.17% compared to the previous year's $180.52 billion. Earnings were $5.16 billion, a decrease of -22.97%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CI stock is "Strong Buy." The 12-month stock price forecast is $367.53, which is an increase of 5.38% from the latest price.
News
The Cigna Group Foundation Announces New Grant Program To Address Youth Mental Health Crisis
Grant application now open for nonprofits that aim to improve youth mental health New multiyear philanthropic and community engagement initiative will also prioritize the mental health of veterans th...
The Cigna Group's First Quarter 2024 Earnings Release Details
BLOOMFIELD, Conn. , April 11, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will release its first quarter 2024 financial results on Thursday, May 2, 2024, and will host a confe...
The Cigna Group Named Among Best Employers for Health and Well-Being
Company Recognized for Excellence in Health Equity BLOOMFIELD, Conn. , April 9, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) has been recognized for excellence in empl...
Outperforming ETF manager names a potential ‘50-bagger' in the stock market
The Simplify Health Care exchange-traded fund has grown to $136 million in assets in two and a half years. It is never easy for an actively managed fund to outperform its benchmark or a broad stock-ma...
Pacific Prime Wins Cigna Global's Top Producing Broker Asia Award 2024
SYDNEY--(BUSINESS WIRE)--Global health insurance brokerage Pacific Prime Dubai has been awarded the Top Producing Broker Asia Award by Cigna at the Global Broker Advisory Council (GBAC) Awards, held i...
Health care stocks headed for worst day since early November
CNBC's Bertha Coombs reports on what's driving health insurer stocks lower.
Cigna CEO on medicare advantage and GLP-1 access program
Cigna CEO David Cordani joins 'The Exchange' with CNBC's Bertha Coombs to discuss the company's growth opportunity in services, Cigna's GLP-1 access program, and more.
Cigna Strikes Deals To Limit Cost of Weight-Loss Drugs
Cigna Group (CI) said it has taken steps to control the cost and increase coverage of diabetes and weight-loss medicines, which have experienced a boom in demand by those looking to shed pounds.
Cigna launches effort to cap employer insurance plan spending on weight loss drugs
Cigna's Evernorth struck agreements with Novo Nordisk and Eli Lilly to limit spending increases for those GLP-1s to a maximum of 15% annually.
Cigna launches program to help clients manage high costs from weight-loss drugs boom
Cigna Group said on Thursday its pharmacy benefit management unit had launched a new program aimed at limiting spending on weight-loss drugs by its health insurance clients, which plan to cover the me...
The Cigna Group Raises Long-Term Growth Target, and Launches New Innovative Solutions at 2024 Investor Day
Highlights: Raises long-term average annual adjusted EPS1 growth target to 10%-14% Affirms 2024 adjusted EPS1 guidance of at least $28.25 Announces solutions and innovations for some of the greatest h...
Cigna's Evernorth To Launch Behavioral Health Practice Group
Cigna's Evernorth Health Services is launching an outpatient behavioral health practice as health insurers and healthcare providers integrate mental health services with medical care to better address...
Pacific Prime Wins Cigna's Top Producer 2023 Individuals Award
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Global health insurance brokerage Pacific Prime Dubai has been awarded Top Producer 2023 Individuals with Cigna for their excellent performance in Dubai u...
Analyst talks stock plays in health care
Hospital revenue has grown by nearly 8% year-to-date in 2024. While hospital and medical costs are aiming to moderate, what does this entail for healthcare stocks and the sector at large?
The Cigna Group Announces Appearance at Barclays 26th Annual Global Healthcare Conference
BLOOMFIELD, Conn. , Feb. 27, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced today that Brian Evanko, executive vice president and chief financial officer, will present ...
Cantor's Sarah James names Cigna and Elevance as health insurer stocks to watch
Sarah James, Cantor Fitzgerald managing director, joins 'Power Lunch' to discuss the economic ecosystem for health insurers.
Baron Capital Recognized with 2023 Cigna Healthy Workforce Designation ™
NEW YORK--(BUSINESS WIRE)--Cigna Healthcare has selected Baron Capital as a recipient of their 2023 Gold level Healthy Workforce Designation for demonstrating a strong commitment to improving the heal...
Tempus Expanding Access to its Next-Generation Sequencing Tests as an In-Network Provider for Cigna
CHICAGO--(BUSINESS WIRE)--Tempus, a leader in artificial intelligence and precision medicine, today announced that the company has signed an agreement for in-network provider status with Cigna Healthc...
The Cigna Group Announces Pricing Terms of Tender Offers
BLOOMFIELD, Conn. , Feb. 20, 2024 /PRNewswire/ -- The Cigna Group (NYSE: CI) announced today the pricing terms of its previously announced offers to purchase for cash (1) any and all of The Cigna Grou...
The Cigna Group Announces Early Results of Tender Offers and Upsize of Maximum Tender Offer
BLOOMFIELD, Conn. , Feb. 20, 2024 /PRNewswire/ -- The Cigna Group (NYSE: CI) announced today the results as of 5:00 p.m.
The Cigna Group Announces $3.2 Billion Accelerated Stock Repurchase
BLOOMFIELD, Conn. , Feb. 15, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) will repurchase $3.2 billion of common stock through accelerated stock repurchase agreements (the "AS...
Cigna Healthcare and HelloFresh Team Up To Expand Access to Affordable, Healthy Meal Choices
HelloFresh's meal-kit options are now available to Cigna Healthcare clients at exclusive discounted rates Collaboration will also focus on combatting food insecurity by providing free meal kits to com...
AM Best Assigns Issue Credit Ratings to The Cigna Group's New Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “bbb+” (Good) to The Cigna Group's (Cigna) (headquartered in Bloomfield, CT) [NYSE:C...
SEVENTH ANNUAL "VINCENT COUNTRY SAFE ZONE ACTIVITY DAY" THEMED DREAM BIGGER, ACHIEVE GREATER HELD AT MATT KELLY ELEMENTARY DURING SUPER BOWL LVIII WEEK IN LAS VEGAS, NV
Lead Sponsor Cigna Healthcare Provided Free Biometric Health and Skin Cancer Screenings to Faculty, Parents, and Community Members and Free Eye Exams and Glasses to PreK-5 Students Zebra Technologie...
The Cigna Group Named No. 6 Among Best Corporate Citizens by JUST Capital and CNBC
The Cigna Group Ranks #1 in the Health Care Industry BLOOMFIELD, Conn. , Feb. 5, 2024 /PRNewswire/ -- The Cigna Group (NYSE: CI) ranks #6 in America for its leadership as a corporate citizen—jumping 1...