Analysts Point To Cigna Group (NYSE: CI) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that AM Best Comments on Health Care Service Corporation’s Planned Acquisition of The Cigna Group’s Medicare Business.

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Stocks Info

As a NYSE listed company, CI falls under the Healthcare sector while operating within the Healthcare Plans industry segment. The current market capitalization of Cigna Group is $94.76B. A total of 3.36 million shares were traded on the day, compared to an average of 2.14M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 16 SELLs from insiders. Insiders purchased 43,616 shares during that period but sold 45,603.

In the most recent transaction, Ryan Cynthia sold 3,768 shares of CI for 282.22 per share on Aug 29. After the transaction, the EVP, CHRO now owns 5,503 company shares. In a previous transaction on Aug 21, Jones Nicole S sold 7,819 shares at 276.86 per share. CI shares that EVP, General Counsel owns now total 30,069.

Among the insiders who sold shares, Agoglia Hoeltzel Mary T disposed of 12,250 shares on Aug 08 at a per-share price of $291.00. This resulted in the SVP Tax & Chief Acct. Officer holding 2,093 shares of CI after the transaction. In another insider transaction, Evanko Brian C sold 2,307 shares at $300.00 per share on Aug 02. Company shares held by the EVP, Chief Financial Officer now total 31,332.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cigna Group pays an annual dividend of $5.13, resulting in a dividend yield of 1.58%, and it has a price to earnings (P/E) ratio of 18.63. CI’s most recent ex-dividend date was 3/5/2024 when it declared a $1.40 quarterly dividend that was paid in cash on 3/21/2024. Previously, the company paid the dividend on 12/21/2023 with an ex-dividend date of 12/5/2023. The CI stock dividend was $1.23 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CI in the last 3 months, the mean price target is $358.00 with high estimates of $385.00 and low estimates of $292.10. In terms of 52-week highs and lows, CI has a high of $319.92 and a low of $240.50.

As of this writing, CI has an earnings estimate of $6.53 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $6.69 per share and a lower estimate of $6.45. The company reported an EPS of $6.13 in the last quarter, which was 1.80% higher than expectations of $6.02.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CI’s latest balance sheet shows that the firm has $6.00B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $158.03, while its Total Shareholder’s Equity was $47.18B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CI is Buy with a score of 4.32.

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