Cigna Corp vs NextEra Energy, Inc. — how do they compare? Cigna Corp trades at $302.59 (market cap $80.55B), while NextEra Energy, Inc. trades at $89.28 (market cap $184.33B). The key difference: NextEra Energy, Inc. is far larger — about 2.3× Cigna Corp's market cap, and NextEra Energy, Inc. pays the higher dividend (2.82%). Which is the better fit depends on your goals.
| CI | NEE | |
|---|---|---|
Market Cap | $80.55B | $184.33B |
Sector | Health | Utilities |
52-Week High | $311.00 | $97.88 |
52-Week Low | $244.41 | $69.77 |
Enterprise Value | $103.65B | $286.73B |
Dividend Yield | 2.05% | 2.82% |
Trailing returns across standard periods
Latest headlines on both assets
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 →NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →