Cigna Group (NYSE: CI) Could Achieve Gains In The Near Future

After Hours

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Stocks Info

Cigna Group is listed on the NYSE in the Healthcare sector while operating in the Healthcare Plans industry. At the end of the last regular session, the stock closed at $348.90 and fluctuated between $355.12 as its day high and $347.46 as its day low. The current market capitalization of Cigna Group is $98.97B. A total of 1.36 million shares were traded on the day, compared to an average of 1.58M shares.

In the most recent transaction, Cordani David sold 31,209 shares of CI for 355.17 per share on Mar 25 ’24. After the transaction, the Chairman & CEO now owns 348,054 company shares. In a previous transaction on Mar 22 ’24, Cordani David sold 6,338 shares at 355.11 per share. CI shares that Chairman & CEO owns now total 348,054.

Among the insiders who sold shares, Cordani David disposed of 2,293 shares on Mar 21 ’24 at a per-share price of $355.02. This resulted in the Chairman & CEO holding 348,054 shares of CI after the transaction. In another insider transaction, Cordani David sold 13,761 shares at $347.33 per share on Mar 13 ’24. Company shares held by the Chairman & CEO now total 340,438.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Cigna Group pays an annual dividend of $5.09, resulting in a dividend yield of 1.46%, and it has a price to earnings (P/E) ratio of 20.07. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CI has a high of $365.71 and a low of $240.50.

As of this writing, CI has an earnings estimate of $Citigroup, Inc. per share for the current quarter. EPS was calculated based on a consensus of Coal (API2) CIF ARA (ARGUS-McCl estimates, with a high estimate of $C3.ai, Inc. per share and a lower estimate of $Cisco Systems, Inc..

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.52.

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