Key Points
- Cigna insider Nicole Jones sold 2,677 shares for approximately $748,516 under a pre-arranged Rule 10b5-1 trading plan, reducing her ownership by 9.37% to 25,880 shares.
- Cigna reported quarterly earnings of $7.78 per share, exceeding estimates of $7.60, while revenue rose 6.7% year over year to $70.04 billion. The company reaffirmed fiscal 2026 EPS guidance of approximately $30.45.
- The stock opened at $274.50, down 1.1%, while analysts maintained a “Moderate Buy” consensus with an average price target of $339.45. Cigna also declared a quarterly dividend of $1.56, equating to a 2.3% annualized yield.
Cigna Group (NYSE:CI - Get Free Report) insider Nicole Jones sold 2,677 shares of the business's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $279.61, for a total transaction of $748,515.97. Following the completion of the transaction, the insider owned 25,880 shares of the company's stock, valued at approximately $7,236,306.80. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Cigna Group Stock Down 1.1%
CI stock opened at $274.50 on Friday. The firm has a market cap of $72.53 billion, a PE ratio of 11.36, a P/E/G ratio of 0.95 and a beta of 0.29. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.76 and a current ratio of 0.76. The firm's fifty day moving average is $284.63 and its 200 day moving average is $281.41. Cigna Group has a one year low of $239.51 and a one year high of $315.47.
Cigna Group (NYSE:CI - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The health services provider reported $7.78 earnings per share for the quarter, topping analysts' consensus estimates of $7.60 by $0.18. Cigna Group had a net margin of 2.27% and a return on equity of 19.75%. The business had revenue of $70.04 billion during the quarter, compared to the consensus estimate of $70.14 billion. During the same quarter in the prior year, the firm posted $7.20 earnings per share. The company's revenue was up 6.7% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.450- EPS. On average, research analysts forecast that Cigna Group will post 30.51 EPS for the current year.
Cigna Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be issued a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $6.24 dividend on an annualized basis and a yield of 2.3%. Cigna Group's dividend payout ratio is presently 25.82%.
Analyst Upgrades and Downgrades
Several brokerages have commented on CI. Wells Fargo & Company raised their price objective on Cigna Group from $305.00 to $307.00 and gave the company an "equal weight" rating in a report on Friday, July 31st. Raymond James Financial downgraded Cigna Group from a "strong-buy" rating to an "outperform" rating and reduced their target price for the stock from $350.00 to $320.00 in a research note on Monday, August 3rd. Mizuho increased their target price on Cigna Group from $330.00 to $340.00 and gave the company an "outperform" rating in a research report on Monday, June 8th. Royal Bank Of Canada boosted their price target on shares of Cigna Group from $333.00 to $337.00 and gave the stock an "outperform" rating in a report on Friday, May 1st. Finally, Morgan Stanley upped their price objective on shares of Cigna Group from $355.00 to $361.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 20th. Fifteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Cigna Group has a consensus rating of "Moderate Buy" and an average price target of $339.45.
Get Our Latest Stock Analysis on Cigna Group
Institutional Investors Weigh In On Cigna Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in CI. Cairn Investment Group Inc. raised its position in shares of Cigna Group by 1.9% in the second quarter. Cairn Investment Group Inc. now owns 15,498 shares of the health services provider's stock valued at $4,272,000 after buying an additional 287 shares during the last quarter. Independence Bank of Kentucky grew its stake in Cigna Group by 2.6% during the 2nd quarter. Independence Bank of Kentucky now owns 1,483 shares of the health services provider's stock valued at $409,000 after acquiring an additional 37 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Cigna Group in the 2nd quarter valued at about $632,000. Rehmann Capital Advisory Group lifted its stake in Cigna Group by 7.9% in the 2nd quarter. Rehmann Capital Advisory Group now owns 6,084 shares of the health services provider's stock worth $1,677,000 after purchasing an additional 443 shares in the last quarter. Finally, Quantitative Investment Management LLC acquired a new position in shares of Cigna Group during the 2nd quarter worth approximately $988,000. Institutional investors and hedge funds own 86.99% of the company's stock.
Cigna Group Company Profile
(
Get Free Report)
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.
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