Cigna Group (NYSE:CI) Receives $339.45 Average PT from Analysts

Shares of Cigna Group (NYSE:CI) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-two brokerages that are currently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $339.45.

A number of research firms recently commented on CI. Piper Sandler lowered their target price on shares of Cigna Group from $370.00 to $346.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on shares of Cigna Group from $333.00 to $337.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Raymond James Financial lowered Cigna Group from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $350.00 to $320.00 in a report on Monday, August 3rd. The Goldman Sachs Group upped their price target on shares of Cigna Group from $335.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Robert W. Baird set a $362.00 price objective on Cigna Group in a report on Friday, July 31st.

Cigna Group Stock Performance

CI stock opened at $278.31 on Tuesday. The business has a 50-day moving average price of $286.18 and a 200 day moving average price of $281.27. Cigna Group has a 1-year low of $239.51 and a 1-year high of $315.47. The company has a market capitalization of $73.54 billion, a P/E ratio of 11.51, a PEG ratio of 0.95 and a beta of 0.29. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.76 and a quick ratio of 0.76.

Cigna Group (NYSE:CI) last released its quarterly earnings data on Thursday, July 30th. The health services provider reported $7.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.60 by $0.18. The firm had revenue of $70.04 billion for the quarter, compared to the consensus estimate of $70.14 billion. Cigna Group had a net margin of 2.27% and a return on equity of 19.75%. The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the firm earned $7.20 earnings per share. Cigna Group has set its FY 2026 guidance at 30.450- EPS. As a group, equities research analysts forecast that Cigna Group will post 30.51 EPS for the current fiscal year.

Cigna Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be given a $1.56 dividend. This represents a $6.24 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 8th. Cigna Group’s dividend payout ratio (DPR) is 25.82%.

Insider Transactions at Cigna Group

In related news, insider Nicole S. Jones sold 19,436 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $276.27, for a total transaction of $5,369,583.72. Following the transaction, the insider directly owned 27,256 shares in the company, valued at approximately $7,530,015.12. The trade was a 41.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jamie G. Kates sold 899 shares of Cigna Group stock in a transaction on Friday, June 12th. The stock was sold at an average price of $298.61, for a total value of $268,450.39. Following the transaction, the chief accounting officer owned 2,368 shares in the company, valued at approximately $707,108.48. This represents a 27.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Institutional Trading of Cigna Group

Several institutional investors have recently added to or reduced their stakes in the stock. Wilkerson Advisory Group LLC purchased a new position in shares of Cigna Group during the fourth quarter worth $25,000. Osbon Capital Management LLC purchased a new stake in shares of Cigna Group in the 2nd quarter valued at $26,000. Cedar Mountain Advisors LLC raised its holdings in shares of Cigna Group by 161.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 110 shares of the health services provider’s stock valued at $29,000 after buying an additional 68 shares during the period. Johnson Financial Group Inc. acquired a new position in Cigna Group during the 2nd quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Cigna Group during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 86.99% of the company’s stock.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.