Cigna Group (NYSE:CI) Receives $330.00 Average PT from Analysts

Cigna Group (NYSE:CI) has earned a consensus rating of “Moderate Buy” from the twenty-two brokerages that are covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $330.6316.

CI has been the subject of a number of analyst reports. Sanford C. Bernstein restated a “market perform” rating and set a $307.00 price objective on shares of Cigna Group in a research report on Tuesday, January 6th. Barclays lowered their price target on shares of Cigna Group from $305.00 to $303.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Leerink Partners boosted their price target on shares of Cigna Group from $270.00 to $297.00 and gave the stock a “market perform” rating in a research report on Friday, February 6th. Wall Street Zen upgraded shares of Cigna Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Cigna Group in a research note on Monday, November 3rd.

Cigna Group Price Performance

CI stock opened at $285.92 on Tuesday. The company has a market capitalization of $76.38 billion, a P/E ratio of 12.89, a PEG ratio of 1.01 and a beta of 0.27. The company has a fifty day moving average price of $278.79 and a 200-day moving average price of $284.00. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 0.74. Cigna Group has a 52-week low of $239.51 and a 52-week high of $350.00.

Cigna Group (NYSE:CI) last posted its quarterly earnings data on Thursday, February 5th. The health services provider reported $8.08 earnings per share for the quarter, beating analysts’ consensus estimates of $7.88 by $0.20. The business had revenue of $72.50 billion during the quarter, compared to the consensus estimate of $69.53 billion. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.Cigna Group’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $6.64 earnings per share. Cigna Group has set its FY 2026 guidance at 30.250- EPS. As a group, equities analysts expect that Cigna Group will post 29.77 EPS for the current year.

Cigna Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid a $1.56 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.2%. This is a positive change from Cigna Group’s previous quarterly dividend of $1.51. Cigna Group’s dividend payout ratio (DPR) is presently 27.23%.

Hedge Funds Weigh In On Cigna Group

Several institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in Cigna Group by 9.3% during the fourth quarter. Brighton Jones LLC now owns 3,736 shares of the health services provider’s stock valued at $1,032,000 after acquiring an additional 318 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Cigna Group by 10.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,160 shares of the health services provider’s stock valued at $384,000 after purchasing an additional 109 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Cigna Group by 12.0% in the second quarter. Harbour Investments Inc. now owns 800 shares of the health services provider’s stock worth $265,000 after purchasing an additional 86 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of Cigna Group by 10.7% in the second quarter. Stratos Wealth Partners LTD. now owns 5,615 shares of the health services provider’s stock worth $1,856,000 after purchasing an additional 543 shares during the period. Finally, Chicago Partners Investment Group LLC raised its position in shares of Cigna Group by 10.5% in the second quarter. Chicago Partners Investment Group LLC now owns 4,188 shares of the health services provider’s stock worth $1,275,000 after buying an additional 397 shares in the last quarter. 86.99% of the stock is owned by institutional investors and hedge funds.

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.