The Cigna Group CI

Morningstar Rating
$298.00 +3.16 (1.07%)
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Company Report

Cigna Remains Focused on Its PBM and Employer Medical Plan Strongholds

With its roots in health insurance and the late 2018 merger with top-tier pharmacy benefit manager Express Scripts (now called Evernorth), Cigna provides healthcare-related services through customizable programs sold primarily to employers and other insurers. We think its strategy of reducing medical cost growth should resonate well with existing and potential clients. Its position as a leading provider of specialty pharmacy offerings, which is one of the fastest-growing areas of healthcare, puts it in a unique position of being able to help its clients control that growing end market.

Price vs Fair Value

CI is trading at a 441% premium.
Price
$298.00
Fair Value
$739.00
Uncertainty
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1-Star Price
$368.10
5-Star Price
$676.40
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Combining with Express Scripts gave Cigna more tools to help clients control their healthcare costs, and we see significant cross-selling opportunities across their respective books of business.

Bears

Healthcare reform may remain a recurring political topic until universal, affordable coverage is achieved in the US, and Cigna's stock may experience volatility if scenarios that threaten its prospects gain traction.

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Trading Information

Previous Close Price
$294.84
Day Range
$295.25299.27
52-Week Range
$239.51338.89
Bid/Ask
$298.00 / $299.00
Shares Outstanding
264.53M
Market Cap
$78.83B
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
9.54
Price/Sales
0.16
Dividend Yield (Trailing)
2.08%
Dividend Yield (Forward)
2.12%
Total Yield
2.06%

Company Profile

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 with the Department of Defense, and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 16 million US and 2 million international medical members covered as of December 2025.
Sector
Healthcare
Industry
Healthcare Plans
Stock Style Box
Mid Value
Total Number of Employees
67,700

Competitors

Valuation

Metric
CI
CVS
ELV
Price/Earnings (Normalized)
9.5414.4212.97
Price/Book Value
1.851.681.98
Price/Sales
0.160.320.44
Price/Cash Flow
9.8213.82
Price/Earnings
CI
CVS
ELV

Financial Strength

Metric
CI
CVS
ELV
Quick Ratio
0.660.61
Current Ratio
0.820.87
Interest Coverage
7.472.115.39
Quick Ratio
CI
CVS
ELV

Profitability

Metric
CI
CVS
ELV
Return on Assets (Normalized)
5.34%3.54%5.60%
Return on Equity (Normalized)
19.96%11.87%15.73%
Return on Invested Capital (Normalized)
14.02%7.41%10.74%
Return on Assets
CI
CVS
ELV

Healthcare Plans Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
UnitedHealth Group Inc
UNH
QdndwnbkCnblfy$371B
CVS Health Corp
CVS
FbgqdycvdHpg$130B
Elevance Health Inc
ELV
WnwmdnjrVyrndln$88B
Humana Inc
HUM
GslllcwgBffljt$46B
Centene Corp
CNC
WbnzwwgyKxsf$32B
Molina Healthcare Inc
MOH
FmqgdsfjNzgky$10B
Oscar Health Inc Class A
OSCR
Hpbv$9B
Alignment Healthcare Inc
ALHC
Mrjnj$4B
Clover Health Investments Corp Ordinary Shares - Class A
CLOV
Lppvk$2B

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