Brokerages Set The Cigna Group (NYSE:CI) Price Target at $373.56
2025-04-26T07:22:57Z
Shares of The Cigna Group (NYSE:CI – Get Free Report) have earned a consensus recommendation of “Buy” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, f…
Shares of The Cigna Group (NYSE:CI – Get Free Report) have earned a consensus recommendation of “Buy” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $373.56.
A number of brokerages recently issued reports on CI. Wells Fargo & Company decreased their target price on shares of The Cigna Group from $370.00 to $341.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. StockNews.com raised The Cigna Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Morgan Stanley lowered their price objective on shares of The Cigna Group from $403.00 to $379.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. Cantor Fitzgerald upped their target price on The Cigna Group from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Thursday, March 20th. Finally, Royal Bank of Canada set a $355.00 price target on shares of The Cigna Group in a research note on Friday, January 31st.
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Insider Transactions at The Cigna Group
Institutional Inflows and Outflows
In other news, Director Elder Granger sold 2,376 shares of The Cigna Group stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $310.35, for a total transaction of $737,391.60. Following the sale, the director now directly owns 5,471 shares in the company, valued at approximately $1,697,924.85. The trade was a 30.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CEO David Cordani sold 26,527 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $308.12, for a total value of $8,173,499.24. Following the completion of the sale, the chief executive officer now owns 127,767 shares in the company, valued at approximately $39,367,568.04. This represents a 17.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 43,751 shares of company stock worth $13,603,991. Insiders own 0.70% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of CI. TCTC Holdings LLC acquired a new stake in The Cigna Group in the 4th quarter valued at about $25,000. Collier Financial bought a new stake in shares of The Cigna Group during the 4th quarter valued at $32,000. ORG Wealth Partners LLC acquired a new position in The Cigna Group in the fourth quarter valued at about $34,000. Putney Financial Group LLC bought a new position in The Cigna Group during the 4th quarter worth approximately $36,000. Finally, Compagnie Lombard Odier SCmA acquired a new position in shares of The Cigna Group in the 4th quarter valued at $37,000. 86.99% of the stock is owned by institutional investors and hedge funds.
The Cigna Group Stock Performance
Shares of NYSE CI opened at $335.60 on Wednesday. The Cigna Group has a 52-week low of $262.03 and a 52-week high of $370.83. The stock has a market capitalization of $91.85 billion, a P/E ratio of 27.42, a P/E/G ratio of 0.98 and a beta of 0.51. The company has a quick ratio of 0.72, a current ratio of 0.66 and a debt-to-equity ratio of 0.70. The firm’s 50-day moving average price is $319.82 and its two-hundred day moving average price is $310.69.
The Cigna Group (NYSE:CI – Get Free Report) last posted its earnings results on Thursday, January 30th. The health services provider reported $6.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.84 by ($1.20). The Cigna Group had a net margin of 1.39% and a return on equity of 18.61%. During the same quarter last year, the business earned $6.79 EPS. As a group, sell-side analysts forecast that The Cigna Group will post 29.77 earnings per share for the current year.
The Cigna Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Tuesday, June 3rd will be given a dividend of $1.51 per share. The ex-dividend date is Tuesday, June 3rd. This represents a $6.04 annualized dividend and a dividend yield of 1.80%. The Cigna Group’s dividend payout ratio is presently 49.35%.
The Cigna Group Company Profile
(Get Free Report
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.
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