Cigna Group (NYSE:CI) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Cigna Group (NYSE:CI) have earned a consensus recommendation of “Moderate Buy” from the twenty-two ratings firms that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $330.00.

CI has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their price objective 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. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Cigna Group in a report on Monday, November 3rd. UBS Group reaffirmed a “buy” rating and set a $375.00 price objective on shares of Cigna Group in a research report on Monday, February 9th. Sanford C. Bernstein reissued a “market perform” rating and issued a $307.00 target price on shares of Cigna Group in a report on Tuesday, January 6th. Finally, Morgan Stanley restated an “overweight” rating and issued a $355.00 target price on shares of Cigna Group in a research note on Friday, October 31st.

Hedge Funds Weigh In On Cigna Group

Several institutional investors have recently modified their holdings of CI. Norges Bank bought a new position in Cigna Group during the 4th quarter valued at $1,019,790,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Cigna Group by 13,333.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,165,408 shares of the health services provider’s stock valued at $900,912,000 after buying an additional 3,141,844 shares during the period. Capital Research Global Investors boosted its stake in Cigna Group by 140.2% during the third quarter. Capital Research Global Investors now owns 3,179,301 shares of the health services provider’s stock valued at $916,434,000 after buying an additional 1,855,897 shares in the last quarter. Dodge & Cox grew its holdings in Cigna Group by 19.7% during the fourth quarter. Dodge & Cox now owns 11,138,614 shares of the health services provider’s stock worth $3,065,681,000 after acquiring an additional 1,833,389 shares during the period. Finally, Boston Partners raised its position in Cigna Group by 314.6% in the fourth quarter. Boston Partners now owns 1,638,191 shares of the health services provider’s stock worth $450,856,000 after acquiring an additional 1,243,056 shares in the last quarter. Institutional investors own 86.99% of the company’s stock.

Cigna Group Stock Performance

Shares of CI stock opened at $291.35 on Tuesday. The stock has a market capitalization of $77.83 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.01 and a beta of 0.27. Cigna Group has a one year low of $239.51 and a one year high of $350.00. The company’s 50-day simple moving average is $277.40 and its 200-day simple moving average is $283.75. 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 (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 the consensus estimate of $7.88 by $0.20. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The firm had revenue of $72.50 billion for the quarter, compared to analysts’ expectations of $69.53 billion. During the same quarter in the prior year, the firm posted $6.64 earnings per share. Cigna Group’s revenue for the quarter was up 10.4% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.250- EPS. Equities analysts anticipate that Cigna Group will post 29.77 earnings per share for the current fiscal year.

Cigna Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be paid a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, March 5th. This is an increase from Cigna Group’s previous quarterly dividend of $1.51. Cigna Group’s dividend payout ratio (DPR) is currently 27.23%.

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.