Cigna Corporation offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health-Care, Global Supplemental Benefits and Group Disability and Life. The company was founded in 1792 and is based in Bloomfield, Connecticut.
CI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Cigna Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cigna Corp ranked in the 72th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 211.5%. In terms of the factors that were most noteworthy in this DCF analysis for CI, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 67. Its equity weight surpasses that of merely 21.67% of free cash flow generating stocks in the Healthcare sector.
Cigna Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 12.57% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
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Effective immediately, global health service company Cigna (NYSE: CI) is expanding its support for customers during this unprecedented COVID-19 pandemic by eliminating cost-sharing for all primary care, specialty care and behavioral health care in-office or telehealth visits for COVID-19 and non-COVID-19 care. This expansion applies to all U.S. customers enrolled in Cigna's Medicare Advantage and Individual and Family Plans, including those sold on the Individual Marketplace. Additionally, Cigna is making enhancements to its Medicare Advantage meal plan benefits to further protect customers during this pandemic and underscore the company's continued commitment to enabling access to simple, affordable and predictable health care.
NEW YORK & BLOOMFIELD, Conn. & CHARLOTTE, N.C.--(BUSINESS WIRE)--The Brave of Heart Fund, founded to provide financial and emotional support to the families of frontline healthcare workers and volunteers who lose their lives in the COVID-19 fight, is now accepting applications for grants. The Fund, created by the Foundations of New York Life and Cigna, industry-leading financial and health service organizations respectively, honors the families of these fallen heroes by providing eligible famil