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Cigna Corp. (CI-N) is currently experiencing a decline in share prices due to market anxieties about a potential merger with Humana, although the company has distanced itself from this deal, which is seen positively given Humana's ongoing challenges. The management team at Cigna is highly regarded, consistently making strategic decisions that bolster performance. Over the past decade, Cigna has demonstrated solid growth, evidenced by a 13% compounded annual growth rate in earnings per share (EPS) from 2013 to 2023. Additionally, the company has been actively engaging in share buybacks and has a dividend payout policy, which underscores a commitment to returning value to shareholders. Analysts have set a price target for the stock at $397.05, indicating a potential upside from current levels.
(Top Pick Aug 17/16, Up 39.68%) A US based health insurance company. The news was that last year Anthem had made an offer for them, but he thought the takeover would not go through. There is a large break fee for the deal not going through. He thinks going forward they will buy back stock, invest and raise their dividend. It is another well run story.
A US health insurer provider, one of the largest. There is a pending deal. Aetna (AET-N) (?) wants to buy the company, and it is unlikely that deal gets approved. If the deal doesn’t get approved, the break fee is about $1.5 billion. On top of that, when you look at the cash they can deploy, they are going to have about $10 billion to play with. They can buy back a ton of stock if the deal does not go through. If it does go through, you still get 30% upside. Dividend yield of .03%.
Health care insurance space, global. A company wanted to buy them and it was rejected by the US government, but they have until next April for the deal to go through. 14 times earnings. They help companies save money. Once the deal does close, or doesn’t, they will have the ability to raise the dividend.
Cigna Corp. is a American stock, trading under the symbol CI-N on the New York Stock Exchange (CI). It is usually referred to as NYSE:CI or CI-N
In the last year, there was no coverage of Cigna Corp. published on Stockchase.
Cigna Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Cigna Corp..
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0 stock analysts on Stockchase covered Cigna Corp. In the last year. It is a trending stock that is worth watching.
On 2025-04-14, Cigna Corp. (CI-N) stock closed at a price of $329.2.
Shares are down because the market fears they will do a tie-up deal with Humana, but CI bowed out. This is good given Human's problems. Managers are excellent, making good deals. EPS grew 13% compounded annual growth rate from 2013-2023. Are buying back shares and pay a dividend.
(Analysts’ price target is $397.05)