The Cigna Group has had an eventful period, with notable instances including its foundation supporting mental health and housing stability for veterans and pledging $9M to combat veteran homelessness. It has also had decent returns, with investors seeing a 47% return in the past five years. However, there's a mixed sentiment about the group’s stock, with First Hawaiian Bank and CWA Asset Management Group LLC reducing their stock holdings, and its stock plunging by 18.7% in three months. Despite these concerns, Cigna still saw strong results in the third quarter of 2024 and has reaffirmed its 2024 adjusted EPS outlook. It has also forecasted a 10% EPS growth for 2025 and confirmed a $6B stock buyback program. Notably, the company has launched several initiatives addressing mental health crises and community engagement, and ranks 7th in Fair360’s top 50 companies. It recently announced a $3.2 B accelerated stock repurchase and was affirmed for its capital priorities. Further, the group published its 2023 ESG report, reaffirming its commitment to advancing better health for all.
The Cigna Group CI News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Fri, 10 Jan 2025 08:30:23 GMT -
Rating 3
- Innovation 5
- Information 7
- Rumor -5
