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

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Cigna Group is listed on the NYSE in the Healthcare sector while operating in the Healthcare Plans industry. The current market capitalization of Cigna Group is $93.72B. A total of 1.66 million shares were traded on the day, compared to an average of 1.59M shares.

In the most recent transaction, Evanko Brian C sold 4,795 shares of CI for 345.01 per share on Jun 24 ’24. After the transaction, the insider now owns 39,923 company shares. In a previous transaction on Jun 17 ’24, Granger Elder sold 547 shares at 331.38 per share. CI shares that Director owns now total 5,471.

Among the insiders who sold shares, Granger Elder disposed of 1,000 shares on Jun 12 ’24 at a per-share price of $338.08. This resulted in the Director holding 5,471 shares of CI after the transaction. In another insider transaction, Eder Noelle K sold 10,700 shares at $348.47 per share on May 14 ’24. Company shares held by the insider now total 15,824.

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 $5.26, resulting in a dividend yield of 1.59%, and it has a price to earnings (P/E) ratio of 27.08. CI’s most recent ex-dividend date was 6/4/2024 when it declared a $1.40 quarterly dividend that was paid in cash on 6/20/2024. Previously, the company paid the dividend on 3/21/2024 with an ex-dividend date of 3/5/2024. The CI stock dividend was $1.40 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 $253.95.

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 $144.90, 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 4.57.

Most Popular

Related Posts