Cigna Corp vs Manulife Financial Corporation — how do they compare? Cigna Corp trades at $302.59 (market cap $80.55B), while Manulife Financial Corporation trades at $41.3 (market cap $68.47B). The key difference: Cigna Corp is the larger of the two by market cap, and Manulife Financial Corporation pays the higher dividend (3.23%). Which is the better fit depends on your goals.
| CI | MFC | |
|---|---|---|
Market Cap | $80.55B | $68.47B |
Sector | Health | Financials |
52-Week High | $311.00 | $41.69 |
52-Week Low | $244.41 | $29.90 |
Enterprise Value | $103.65B | $65.03B |
Dividend Yield | 2.05% | 3.23% |
Trailing returns across standard periods
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
Read more on CI →Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.
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