The Cigna Group (NYSE:CI) Releases Earnings Results, Misses Expectations By $1.20 EPS

The Cigna Group (NYSE:CI) announced its quarterly earnings data on Thursday. The health services provider reported $6.64 earnings per share for the quarter, missing the consensus estimate of $7.84 by ($1.20), RTT News reports. The Cigna Group had a return on equity of 18.42% and a net margin of 1.31%. During the same period in the previous year, the business posted $6.79 earnings per share. The Cigna Group updated its FY 2025 guidance to 29.500- EPS.

The Cigna Group Price Performance

The Cigna Group stock traded down $25.34 during midday trading on Thursday, reaching $277.97. 2,740,727 shares of the stock traded hands, compared to its average volume of 1,632,412. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.71. The Cigna Group has a 12 month low of $262.03 and a 12 month high of $370.83. The stock’s fifty day moving average is $296.05 and its 200-day moving average is $324.99. The stock has a market cap of $77.32 billion, a P/E ratio of 26.17, a PEG ratio of 0.78 and a beta of 0.54.

Wall Street Analysts Forecast Growth

CI has been the topic of a number of research analyst reports. Truist Financial decreased their price target on shares of The Cigna Group from $420.00 to $390.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Barclays upped their target price on The Cigna Group from $405.00 to $420.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Stephens reissued an “overweight” rating and set a $410.00 price target on shares of The Cigna Group in a research note on Friday, November 1st. Piper Sandler reissued an “overweight” rating and issued a $394.00 price target (up from $392.00) on shares of The Cigna Group in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada lowered their target price on The Cigna Group from $384.00 to $377.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $395.93.

The Cigna Group Company Profile

The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers.