Cigna Corp Stock Analysis

CI Stock  USD 363.34  5.61  1.57%   
Cigna Corp is fairly valued with Real Value of 371.0 and Target Price of 332.86. The main objective of Cigna Corp stock analysis is to determine its intrinsic value, which is an estimate of what Cigna Corp is worth, separate from its market price. There are two main types of Cigna Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cigna Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cigna Corp's stock to identify patterns and trends that may indicate its future price movements.
The Cigna Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Cigna Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Cigna Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cigna Corp's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.

Cigna Stock Analysis Notes

About 90.0% of the company shares are held by institutions such as insurance companies. The book value of Cigna Corp was currently reported as 158.03. The company has Price/Earnings To Growth (PEG) ratio of 0.91. Cigna Corp recorded earning per share (EPS) of 17.39. The entity last dividend was issued on the 5th of March 2024. The firm had 3:1 split on the 5th of June 2007. Cigna Corporation provides insurance and related products and services in the United States. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut. Cigna Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72226 people. For more info on Cigna Corp please contact David Cordani at 860 226 6000 or go to https://www.cigna.com.

Cigna Corp Quarterly Total Revenue

51.08 Billion

Cigna Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cigna Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cigna Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reports 31.48 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cigna Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigna Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna Corp's use of debt, we should always consider it together with cash and equity.
Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies
On 21st of March 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders
Latest headline from zacks.com: Why Cigna is a Top Value Stock for the Long-Term

Cigna Corp Upcoming and Recent Events

Earnings reports are used by Cigna Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cigna Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
2nd of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
2nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Cigna Largest EPS Surprises

Earnings surprises can significantly impact Cigna Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1996-04-30
1996-03-310.290.320.0310 
1996-10-30
1996-09-300.350.390.0411 
1996-07-30
1996-06-300.320.360.0412 
View All Earnings Estimates

Cigna Corp Thematic Classifications

In addition to having Cigna Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Healthcare Idea
Healthcare
USA Equities from Healthcare industry as classified by Fama & French
Insurance Idea
Insurance
USA Equities from Insurance industry as classified by Fama & French

Cigna Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cigna Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cigna Corp backward and forwards among themselves. Cigna Corp's institutional investor refers to the entity that pools money to purchase Cigna Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Norges Bank2023-12-31
3.4 M
Northern Trust Corp2023-12-31
3.1 M
Bank Of America Corp2023-12-31
2.9 M
Amundi2023-12-31
2.8 M
Legal & General Group Plc2023-12-31
2.7 M
Bank Of New York Mellon Corp2023-12-31
2.7 M
Nuveen Asset Management, Llc2023-12-31
2.7 M
Parnassus Investments, Llc2023-12-31
2.7 M
Goldman Sachs Group Inc2023-12-31
2.5 M
Vanguard Group Inc2023-12-31
24.8 M
Blackrock Inc2023-12-31
24.6 M
Note, although Cigna Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cigna Market Capitalization

The company currently falls under 'Mega-Cap' category with a market capitalization of 102.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cigna Corp's market, we take the total number of its shares issued and multiply it by Cigna Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cigna Profitablity

Cigna Corp's profitability indicators refer to fundamental financial ratios that showcase Cigna Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Cigna Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cigna Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cigna Corp's profitability requires more research than a typical breakdown of Cigna Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 0.03 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.04 %, which signifies that for every $100 of sales, it has a net operating income of $0.04.
Last ReportedProjected for 2024
Return On Capital Employed 0.05  0.05 
Return On Assets 0.03  0.04 
Return On Equity 0.11  0.10 

Management Efficiency

Cigna Corp has Return on Asset (ROA) of 0.0375 % which means that for every $100 of assets, it generated a profit of $0.0375. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1179 %, which means that it produced $0.1179 on every 100 dollars invested by current stockholders. Cigna Corp's management efficiency ratios could be used to measure how well Cigna Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Cigna Corp's Return On Capital Employed is decreasing as compared to previous years. The Cigna Corp's current Return On Assets is estimated to increase to 0.04, while Return On Equity is projected to decrease to 0.10. As of now, Cigna Corp's Fixed Asset Turnover is increasing as compared to previous years. The Cigna Corp's current Return On Assets is estimated to increase to 0.04, while Total Assets are projected to decrease to under 89 B.
Last ReportedProjected for 2024
Price Book Value Ratio 1.90  1.43 
Enterprise Value Multiple 21.62  22.70 
Price Fair Value 1.90  1.43 
The analysis of Cigna Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Cigna Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Cigna Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0157
Forward Dividend Yield
0.0157
Forward Dividend Rate
5.6
Beta
0.558

Technical Drivers

As of the 28th of March, Cigna Corp shows the Mean Deviation of 0.7876, downside deviation of 1.07, and Risk Adjusted Performance of 0.1536. Cigna Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Cigna Corp, which can be compared to its rivals. Please confirm Cigna Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Cigna Corp is priced correctly, providing market reflects its regular price of 363.34 per share. Given that Cigna Corp has jensen alpha of 0.2766, we suggest you to validate Cigna Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Cigna Corp Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cigna Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cigna Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Cigna Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cigna Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cigna Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cigna Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cigna Corp Outstanding Bonds

Cigna Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cigna Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cigna bonds can be classified according to their maturity, which is the date when Cigna Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cigna Corp Predictive Daily Indicators

Cigna Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cigna Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cigna Corp Corporate Filings

F4
25th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
15th of March 2024
Other Reports
ViewVerify
F4
14th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
11th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
7th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
29th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify

Cigna Corp Forecast Models

Cigna Corp's time-series forecasting models are one of many Cigna Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cigna Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cigna Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cigna Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cigna shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cigna Corp. By using and applying Cigna Stock analysis, traders can create a robust methodology for identifying Cigna entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.03  0.03 
Operating Profit Margin 0.03  0.05 
Net Profit Margin 0.03  0.04 
Gross Profit Margin 0.81  0.60 

Current Cigna Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cigna analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cigna analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
332.86Strong Buy23Odds
Cigna Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cigna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cigna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cigna Corp, talking to its executives and customers, or listening to Cigna conference calls.
Cigna Analyst Advice Details

Cigna Stock Analysis Indicators

Cigna Corp stock analysis indicators help investors evaluate how Cigna Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cigna Corp shares will generate the highest return on investment. By understating and applying Cigna Corp stock analysis, traders can identify Cigna Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow5.9 B
Total Stockholder Equity46.2 B
Property Plant And Equipment Net4.1 B
Cash And Short Term Investments8.7 B
Cash7.8 B
50 Day M A331.468
Net Interest Income-1.4 B
Total Current Liabilities48.7 B
Forward Price Earnings12.5945
Investments-5.2 B
Interest Expense1.4 B
Stock Based Compensation9.5 B
Long Term Debt28.2 B
Common Stock Shares Outstanding296.9 M
Tax Provision141 M
Quarterly Earnings Growth Y O Y-0.105
Other Current Assets37.4 B
Accounts Payable8.6 B
Net Debt23.7 B
Other Operating Expenses-186.2 B
Non Current Assets Total110.6 B
Liabilities And Stockholders Equity147.9 B
Non Currrent Assets Other-10.4 B
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Cigna Stock analysis

When running Cigna Corp's price analysis, check to measure Cigna Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Cigna Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
4.92
Earnings Share
17.39
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.