Jefferies Financial Group Issues Positive Forecast for Cigna Group (NYSE:CI) Stock Price

Cigna Group (NYSE:CI) had its price target boosted by Jefferies Financial Group from $310.00 to $333.00 in a research report released on Monday,MarketScreener reports. The firm currently has a buy rating on the health services provider’s stock.

Several other analysts also recently commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cigna Group in a research report on Monday, December 29th. Wall Street Zen raised shares of Cigna Group from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. reduced their price target on shares of Cigna Group from $428.00 to $375.00 and set an “overweight” rating for the company in a report on Tuesday, November 4th. Sanford C. Bernstein reiterated a “market perform” rating and set a $307.00 price objective on shares of Cigna Group in a report on Tuesday, January 6th. Finally, TD Cowen set a $333.00 target price on Cigna Group in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $329.84.

Cigna Group Stock Performance

Shares of CI opened at $294.75 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The firm’s fifty day simple moving average is $275.19 and its two-hundred day simple moving average is $283.70. Cigna Group has a 12 month low of $239.51 and a 12 month high of $350.00. The stock has a market capitalization of $78.74 billion, a P/E ratio of 13.29, a price-to-earnings-growth ratio of 1.04 and a beta of 0.27.

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

Cigna Group Increases Dividend

The business 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. This represents a $6.24 annualized dividend and a dividend yield of 2.1%. This is a boost from Cigna Group’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Thursday, March 5th. Cigna Group’s dividend payout ratio (DPR) is currently 27.23%.

Institutional Investors Weigh In On Cigna Group

Institutional investors have recently bought and sold shares of the stock. Solstein Capital LLC bought a new stake in shares of Cigna Group in the 2nd quarter worth $29,000. Harbor Capital Advisors Inc. lifted its position in shares of Cigna Group by 119.5% during the third quarter. Harbor Capital Advisors Inc. now owns 90 shares of the health services provider’s stock valued at $26,000 after purchasing an additional 49 shares in the last quarter. Chilton Capital Management LLC purchased a new position in Cigna Group during the second quarter worth about $30,000. Princeton Global Asset Management LLC grew its position in Cigna Group by 115.6% in the 2nd quarter. Princeton Global Asset Management LLC now owns 97 shares of the health services provider’s stock worth $32,000 after purchasing an additional 52 shares in the last quarter. Finally, Beacon Financial Strategies CORP purchased a new stake in Cigna Group in the 4th quarter valued at about $28,000. Institutional investors own 86.99% of the company’s stock.

About Cigna Group

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.