Cigna(CI)

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Is Cigna Group (CI) Outperforming Other Medical Stocks This Year?
Zacks Investment Research· 2024-02-27 15:46
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cigna (CI) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Cigna is one of 1066 companies in the Medical group. The Medical group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to g ...
Cigna Group (CI) Hits Fresh High: Is There Still Room to Run?
Zacks Investment Research· 2024-02-27 15:16
Shares of Cigna (CI) have been strong performers lately, with the stock up 14.5% over the past month. The stock hit a new 52-week high of $347.14 in the previous session. Cigna has gained 14.3% since the start of the year compared to the 7.8% move for the Zacks Medical sector and the 0.8% return for the Zacks Medical - HMOs industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quart ...
The Cigna Group Announces Appearance at Barclays 26th Annual Global Healthcare Conference
Prnewswire· 2024-02-27 14:00
BLOOMFIELD, Conn., Feb. 27, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced today that Brian Evanko, executive vice president and chief financial officer, will present at Barclays 26th Annual Global Healthcare Conference on March 12, 2024, in Miami, FL. The Cigna Group's presentation is expected to begin at approximately 4:05 p.m. ET. A live webcast of the presentation will be available at https://investors.thecignagroup.com/events-and-presentations/default.aspx in the Investo ...
The Cigna Group Announces Pricing Terms of Tender Offers
Prnewswire· 2024-02-20 21:30
BLOOMFIELD, Conn., Feb. 20, 2024 /PRNewswire/ -- The Cigna Group (NYSE: CI) announced today the pricing terms of its previously announced offers to purchase for cash (1) any and all of The Cigna Group's (the "Company") 3.50% Senior Notes due 2024 and Evernorth Health, Inc.'s ("Evernorth") 3.50% Senior Notes due 2024 (collectively, the "Any and All Notes," and such tender offer, the "Any and All Tender Offer") and (2) up to $1,550,000,000 aggregate principal amount (the "Maximum Tender Offer Amount") of the ...
Cigna (CI) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-02-20 18:01
Cigna (CI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changing earnings ...
The Cigna Group Announces Early Results of Tender Offers and Upsize of Maximum Tender Offer
Prnewswire· 2024-02-20 12:30
BLOOMFIELD, Conn., Feb. 20, 2024 /PRNewswire/ -- The Cigna Group (NYSE: CI) announced today the results as of 5:00 p.m., New York City time, on February 16, 2024 (the "Early Tender Date") of its previously announced offers to purchase for cash (1) any and all of The Cigna Group's (the "Company") 3.50% Senior Notes due 2024 and Evernorth Health, Inc.'s ("Evernorth") 3.50% Senior Notes due 2024 (collectively, the "Any and All Notes," and such tender offer, the "Any and All Tender Offer") and (2) up to $1,250, ...
These 3 Companies Recently Provided Rosy Guidance
Zacks Investment Research· 2024-02-16 00:41
Positive guidance commonly injects positivity into shares, with investors scrambling to get in and ride the momentum. Companies provide favorable outlooks when business is fruitful, sending a bullish message to shareholders.And throughout the current earnings cycle, several companies – Ford (F) , Uber Technologies (UBER) , and Cigna (CI) – have provided positive outlooks, with shares moving higher following the announcements.For those interested in recent bullish activity, let’s take a closer look at each.F ...
The Cigna Group Announces $3.2 Billion Accelerated Stock Repurchase
Prnewswire· 2024-02-15 11:00
BLOOMFIELD, Conn., Feb. 15, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) will repurchase $3.2 billion of common stock through accelerated stock repurchase agreements (the "ASR Agreements") with Deutsche Bank AG and Bank of America, N.A. (the "Counterparties"). The ASR Agreements are part of The Cigna Group's (the "Company") existing share repurchase program, which had remaining authority of $10.6 billion as of February 13, 2024. "This accelerated share repurchase represents a value- ...
Cigna Healthcare and HelloFresh Team Up To Expand Access to Affordable, Healthy Meal Choices
Prnewswire· 2024-02-13 12:00
HelloFresh's meal-kit options are now available to Cigna Healthcare clients at exclusive discounted rates Collaboration will also focus on combatting food insecurity by providing free meal kits to communities in need BLOOMFIELD, Conn. and NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Cigna Healthcare, the health benefits division of The Cigna Group (NYSE: CI), and HelloFresh*, the world's leading meal kit company, announce an exclusive collaboration to offer discounted access to HelloFresh's wholesome, affordabl ...
3 HMO Stocks in Focus Despite High Tech Costs & Nursing Shortage
Zacks Investment Research· 2024-02-12 15:51
The U.S. health insurance industry, referred to as Health Maintenance Organization (“HMO”), is expected to gain from a growing customer base that fetches higher premiums. Contract wins from federal or state authorities, and the pursuit of mergers and acquisitions are added tailwinds. An aging U.S. population is likely to sustain the solid demand for health insurers’ Medicare plans. Though technology investments are means to expand digital capabilities, they may often lead to elevated costs for industry part ...