Cigna Group CI
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Cigna Group (CI) Business Model and Operations Summary
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense, and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, and the company operates mostly in the US with 17 million US and 2 million international medical members covered as of September 2024.
Key Insights
Cigna Group (CI) Core Market Data and Business Metrics
Latest Closing Price
$331Market Cap
$89.90 BillionPrice-Earnings Ratio
31.37Total Outstanding Shares
271.11 Million SharesTotal Employees
73,500Dividend
$1.51 Per Share QuarterlyIPO Date
April 1, 1982SIC Description
Hospital & Medical Service PlansPrimary Exchange
New York Stock ExchangeHeadquarters
900 Cottage Grove Road, Bloomfield, CT, 06002
Historical Stock Splits
If you bought 1 share of CI before June 5, 2007, you'd have 3 shares today.
| Execution Date | Split Amount |
|---|---|
| June 5, 2007 | 3-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $-1.38 Billion |
| Net Cash Flow From Operating Activities | $6.62 Billion |
| Net Cash Flow From Investing Activities | $-2.35 Billion |
| Net Cash Flow From Operating Activities, Continuing | $6.62 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-5.65 Billion |
| Net Cash Flow From Financing Activities | $-5.65 Billion |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $3.45 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $3.04 Billion |
| Other Operating Expenses | $39.49 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Net Income/Loss | $3.35 Billion |
| Preferred Stock Dividends And Other Adjustments | $0 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $3.00 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $310 Million |
| Other Comprehensive Income/Loss | $-44 Million |
| Comprehensive Income/Loss | $3.31 Billion |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Current Assets | $16.29 Billion |
| Equity Attributable To Parent | $42.09 Billion |
| Equity | $42.30 Billion |
| Current Assets | $49.22 Billion |
| Other Non-current Assets | $78.63 Billion |
| Other Current Liabilities | $48.55 Billion |
Historical Dividends
Current dividend: $1.51 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 30, 2025 | Mar 20, 2025 | Mar 5, 2025 | $1.51 | Quarterly |
| Oct 23, 2024 | Dec 19, 2024 | Dec 4, 2024 | $1.4 | Quarterly |
| Jul 24, 2024 | Sep 19, 2024 | Sep 4, 2024 | $1.4 | Quarterly |
| Apr 24, 2024 | Jun 20, 2024 | Jun 4, 2024 | $1.4 | Quarterly |
| Feb 2, 2024 | Mar 21, 2024 | Mar 6, 2024 | $1.4 | Quarterly |
| Oct 25, 2023 | Dec 21, 2023 | Dec 6, 2023 | $1.23 | Quarterly |