Cigna Corp Stock Today

CI Stock  USD 336.14  1.01  0.30%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Cigna Corp is trading at 336.14 as of the 1st of March 2024. This is a 0.30 percent up since the beginning of the trading day. The stock's open price was 335.13. Cigna Corp has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Cigna Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of January 2024 and ending today, the 1st of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
31st of March 1982
Category
Healthcare
Classification
Health Care
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. The company has 292.5 M outstanding shares of which 7.26 M shares are currently sold short in the market by investors with about 4.28 days to cover all shorted shares. More on Cigna Corp

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Cigna Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cigna Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cigna Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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, 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
CEODavid Cordani
Thematic Ideas
(View all Themes)
SEC FilingsCigna Corp Security & Exchange Commission EDGAR Reports
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, Stock Exchange Of, SP 500 Index, SET Total Return, Healthcare, Insurance, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Cigna Corp report their recommendations after researching Cigna Corp's financial statements, talking to executives and customers, or listening in on Cigna Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cigna Corp. The Cigna consensus assessment is calculated by taking the average forecast from all of the analysts covering Cigna Corp.
Financial Strength
Based on the analysis of Cigna Corp's profitability, liquidity, and operating efficiency, Cigna Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Cigna Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted271.9 M281.8 M
Sufficiently Down
Slightly volatile
Weighted Shares353.8 M351.6 M
Slightly Up
Slightly volatile
Return on Assets0.04840.0518
Significantly Down
Slightly volatile
Net Cash Flow from Operations8.3 B10 B
Fairly Down
Slightly volatile
Current Liabilities44.6 B47.4 B
Notably Down
Slightly volatile
Total Liabilities104.1 B114 B
Significantly Down
Slightly volatile
Gross Margin0.170.12
Significantly Up
Slightly volatile
Total Debt30.6 B35.8 B
Fairly Down
Slightly volatile
Asset Turnover1.211.4
Fairly Down
Slightly volatile
Current Assets33.1 B34.6 B
Sufficiently Down
Slightly volatile
Total Assets148 B165.5 B
Moderately Down
Slightly volatile
Cigna Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cigna Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Cigna Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Cigna Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cigna Corp's financial leverage. It provides some insight into what part of Cigna Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cigna Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cigna Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Cigna Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 31.09 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.

Operating Cash Flow

8.33 Billion
Cigna Corp (CI) is traded on New York Stock Exchange in USA. It is located in 900 Cottage Grove Road, Bloomfield, CT, United States, 06002 and employs 55 people. Cigna Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 98.03 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 Corp is active under Health Care Providers & Services sector as part of Health Care industry. The entity has 292.5 M outstanding shares of which 7.26 M shares are currently sold short in the market by investors with about 4.28 days to cover all shorted shares. Cigna Corp reports about 5.92 B in cash with 12.45 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.96.
Check Cigna Corp Probability Of Bankruptcy
Ownership Allocation
Cigna Corp retains a total of 292.5 Million outstanding shares. The majority of Cigna Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cigna Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cigna Corp. Please pay attention to any change in the institutional holdings of Cigna Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cigna Ownership Details

Cigna Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Cigna Corp jumping above the current price in 90 days from now is about 10.74%. The Cigna Corp probability density function shows the probability of Cigna Corp stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Cigna Corp has a beta of 0.4992 suggesting as returns on the market go up, Cigna Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cigna Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1882, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 336.14HorizonTargetOdds Above 336.14
89.17%90 days
 336.14 
10.74%
Based on a normal probability distribution, the odds of Cigna Corp to move above the current price in 90 days from now is about 10.74 (This Cigna Corp probability density function shows the probability of Cigna Stock to fall within a particular range of prices over 90 days) .

Cigna Stock 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.
InstituionRecorded OnShares
Ameriprise Financial Inc2023-09-30
3.7 M
Norges Bank2023-12-31
3.4 M
Northern Trust Corp2023-09-30
3.2 M
Bank Of America Corp2023-09-30
3.2 M
Nuveen Asset Management, Llc2023-09-30
2.9 M
Parnassus Investments, Llc2023-12-31
2.7 M
Bank Of New York Mellon Corp2023-09-30
2.6 M
Amundi2023-09-30
2.5 M
Dimensional Fund Advisors, Inc.2023-12-31
2.5 M
Vanguard Group Inc2023-09-30
24.9 M
Blackrock Inc2023-09-30
24.5 M
View Cigna Corp Diagnostics

Cigna Corp Historical Income Statement

Cigna Corp Income Statement is one of the three primary financial statements used for reporting Cigna's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cigna Corp revenue and expense. Cigna Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Cigna Corp's Weighted Average Shares is increasing as compared to previous years. View More Fundamentals

Cigna Stock Against Markets

Picking the right benchmark for Cigna Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cigna Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cigna Corp is critical whether you are bullish or bearish towards Cigna Corp at a given time. Please also check how Cigna Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cigna Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cigna Corp Corporate Directors

Cigna Corp corporate directors refer to members of a Cigna Corp board of directors. The board of directors generally takes responsibility for the Cigna Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cigna Corp's board members must vote for the resolution. The Cigna Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Donna ZarconeIndependent DirectorProfile
James RogersIndependent DirectorProfile
Eric FossIndependent DirectorProfile
William ZollarsIndependent DirectorProfile

How to buy Cigna Stock?

Before investing in Cigna Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cigna Corp. To buy Cigna Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cigna Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cigna Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cigna Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cigna Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cigna Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cigna Stock please use our How to Invest in Cigna Corp guide.

Already Invested in Cigna Corp?

The danger of trading Cigna Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cigna Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cigna Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cigna Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.
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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
(0.09)
Dividend Share
4.92
Earnings Share
17.73
Revenue Per Share
657.456
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.