The Cigna Group (CI), the well-established healthcare insurance provider, has made several positive financial moves. The firm will distribute a
$1.40 quarterly dividend on June 20 and increased its
price target to $435.00 as opined by
JPMorgan Chase & Co. Investors including
Stifel Financial Corp and
Hilltop Holdings Inc. have increased their stakes, indicating a robust interest in the company. BOCHK Asset Management Ltd made a notable
$2.59 million investment. Cigna outperformed projected earnings for Q1 2024 despite challenges and also raised its outlook for 2024. The company also announced an
$3.2 billion accelerated stock repurchase and increased its share repurchase program to
$10 billion. Furthermore, the company's
innovative solutions were unveiled at the 2024 Investor Day and the growth target was revised upwards. With its robust Q4 and full-year 2023 results, the group lifted its 2024 EPS forecast, indicating significant growth potential. Cigna also received accolades being ranked No. 7 in Fair360’s Top 50 Companies and No. 6 among the Best Corporate Citizens by JUST Capital and CNBC.
The Cigna Group CI News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:13:18 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 1
