Cigna Corp Stock Net Income

CI Stock  USD 363.34  5.61  1.57%   
Cigna Corp fundamentals help investors to digest information that contributes to Cigna Corp's financial success or failures. It also enables traders to predict the movement of Cigna Stock. The fundamental analysis module provides a way to measure Cigna Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cigna Corp stock.
As of now, Cigna Corp's Net Income is increasing as compared to previous years. The Cigna Corp's current Net Income Applicable To Common Shares is estimated to increase to about 8.1 B, while Net Income From Continuing Ops is projected to decrease to under 4.6 B.
  
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Cigna Net Income Analysis

Cigna Corp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Cigna Corp Net Income

5.42 Billion

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Cigna Corp Net Income

    
  5.16 B  
Most of Cigna Corp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cigna Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Cigna Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.77 Billion)

As of now, Cigna Corp's Accumulated Other Comprehensive Income is decreasing as compared to previous years.
Based on the recorded statements, Cigna Corp reported net income of 5.16 B. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The net income for all United States stocks is significantly lower than that of the firm.

Cigna Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cigna Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cigna Corp could also be used in its relative valuation, which is a method of valuing Cigna Corp by comparing valuation metrics of similar companies.
Cigna Corp is currently under evaluation in net income category among related companies.

Cigna Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cigna Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cigna Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Cigna Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Cigna Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cigna Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cigna Corp's value.
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

Cigna Fundamentals

About Cigna Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cigna Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cigna Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cigna Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Net Income5.2 B5.4 B
Net Income Applicable To Common Shares7.7 B8.1 B
Net Income From Continuing Ops5.5 B4.6 B
Net Income Per E B T 0.94  0.81 

Pair Trading with Cigna Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cigna Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cigna Corp will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cigna Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cigna Corp to buy it.
The correlation of Cigna Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cigna Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Cigna Corp Piotroski F Score and Cigna Corp Altman Z Score analysis.
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.