Company Update: Cigna Corp (NYSE:CI) – For the 22nd Time, Cigna Marches for Babies

[Business Wire] – In 25 cities this and next month, Cigna will March for Babies. It’s a spring ritual for a company that has been a national sponsor of March of Dimes every year since 1994. Read more on this. Cigna Corp. (CI) , currently valued at $35.45B, started the session at $138.94. During today’s session, CI traded between $137.72 to $138.79 and has traded between $123.54 and $170.68 over the past year. Cigna (CI) shares are currently priced at 15.17x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.12x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $0.04 per share annually in dividends, yielding 0.03%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $2.15 per share, which would be $0.19 better than the year-ago quarter and a $0.06 sequential decrease. Investors should also note that the full-year EPS estimate of $9.18 is a $0.52 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.98 Billion. If realized, that would be a 6.28% increase over the year-ago quarter. Recently, Jefferies upgraded CI from Hold to Buy (Jan 8, 2016). Previously, Citigroup Initiated CI at to Buy. The average price target for CI shares by the analysts covering the stock is $164.21, which is 18.19% above where the stock opened this morning. See more in (NYSE:CI) Similar Articles: Stock Update: Cigna Corp (NYSE:CI) – Cigna Takes the Mystery out of Picking a Dentist and Getting Dental Care with New Online and Mobile Tools Market Update: Cigna Corp (NYSE:CI) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Cigna Corp. — CI Company Update: Cigna Corp (NYSE:CI) – INVESTOR ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Cigna Corp. — CI