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NYSE:CB

Chubb (CB) Stock Price, News & Analysis

$267.22
+3.47 (+1.32%)
(As of 06/7/2024 08:51 PM ET)
Today's Range
$265.51
$269.75
50-Day Range
$243.01
$274.40
52-Week Range
$183.71
$275.41
Volume
1.52 million shs
Average Volume
1.71 million shs
Market Capitalization
$108.51 billion
P/E Ratio
11.86
Dividend Yield
1.29%
Price Target
$266.70

Chubb MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.53 Rating Score
Upside/​Downside
0.2% Downside
$266.70 Price Target
Short Interest
Healthy
0.62% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.97mentions of Chubb in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$29.52 M Sold Last Quarter
Proj. Earnings Growth
9.80%
From $21.23 to $23.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Finance Sector

110th out of 816 stocks

Fire, Marine, & Casualty Insurance Industry

5th out of 49 stocks

CB stock logo

About Chubb Stock (NYSE:CB)

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm, ranch, and specialty property and casualty, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual and life, group term life, health protection, personal accident, credit life, universal life, group employee benefits, and unit linked contracts. It markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.

CB Stock Price History

CB Stock News Headlines

Warren Buffett's Mystery Stock Was Just Revealed
Warren Buffett's latest investment move has again captured the financial world's attention. On Wednesday, regulatory filings revealed that Berkshire Hathaway NYSE: BRK.B, under Buffett's stewardship, had quietly amassed a substantial $6.7 billion position in Chubb NYSE: CB, the renowned Zurich-based property and casualty insurer.
Warren Buffett's Mystery Stock Was Just Revealed
On Wednesday, regulatory filings revealed that Berkshire Hathaway had quietly amassed a substantial $6.7 billion position in Chubb (NYSE: CB)
The 3 Best Warren Buffett Stocks to Buy in June 2024
Why Did Warren Buffett Buy Chubb?
3 Financial Services Stocks to Buy Now: May 2024
Latest News for Chubb Stock (NYSE:CB)
See More Headlines
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Company Calendar

Ex-Dividend for 4/5 Dividend
3/14/2024
Dividend Payable
4/05/2024
Last Earnings
4/23/2024
Today
6/09/2024
Ex-Dividend for 7/5 Dividend
6/14/2024
Dividend Payable
7/05/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Employees
40,000
Year Founded
1882

Price Target and Rating

Average Stock Price Target
$266.70
High Stock Price Target
$294.00
Low Stock Price Target
$215.00
Potential Upside/Downside
-0.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
19 Analysts

Profitability

Net Income
$9.03 billion
Pretax Margin
19.17%

Debt

Sales & Book Value

Annual Sales
$49.74 billion
Cash Flow
$23.28 per share
Book Value
$156.11 per share

Miscellaneous

Free Float
402,569,000
Market Cap
$108.51 billion
Optionable
Optionable
Beta
0.66

Social Links

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Should I Buy Chubb Stock? CB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Chubb Limited:

  • Chubb Limited has a low debt-to-equity ratio of 0.21, indicating a strong financial position with less reliance on debt financing compared to equity.
  • The company's quarterly earnings data showed a positive surprise, with earnings per share of $5.41 exceeding analysts' consensus estimates, which could indicate strong performance and potential growth.
  • Chubb Limited offers a quarterly dividend of $0.86 per share, representing a dividend yield of 1.35%, providing investors with a steady income stream.
  • The stock has a 52-week high of $260.58, suggesting potential for capital appreciation based on historical performance.
  • Chubb Limited's market cap of $103.48 billion reflects the company's size and stability in the market, offering investors a sense of security.

Cons

Investors should be bearish about investing in Chubb Limited for these reasons:

  • The company's current ratio and quick ratio are both low at 0.29, indicating potential liquidity challenges and a risk of short-term financial distress.
  • Chubb Limited's price-to-earnings ratio of 11.28 may suggest that the stock is currently overvalued compared to its earnings, potentially limiting upside potential.
  • The beta of 0.63 indicates that the stock is less volatile than the market average, which may result in lower returns during bullish market conditions.
  • Analysts predict a lower EPS of 21.18 for the current fiscal year, which could signal slower growth prospects or challenges ahead for the company.
  • The stock's average trading volume of 659,961 shares is significantly lower than its average volume of 1,704,415, potentially indicating lower investor interest or liquidity issues.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 29, 2024. Please send any questions or comments about these Chubb pros and cons to contact@marketbeat.com.

CB Stock Analysis - Frequently Asked Questions

Should I buy or sell Chubb stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chubb in the last year. There are currently 10 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CB shares.
View CB analyst ratings
or view top-rated stocks.

What is Chubb's stock price target for 2024?

19 Wall Street analysts have issued 1-year price targets for Chubb's shares. Their CB share price targets range from $215.00 to $294.00. On average, they predict the company's stock price to reach $266.70 in the next year. This suggests that the stock has a possible downside of 0.2%.
View analysts price targets for CB
or view top-rated stocks among Wall Street analysts.

How have CB shares performed in 2024?

Chubb's stock was trading at $226.00 on January 1st, 2024. Since then, CB shares have increased by 18.2% and is now trading at $267.22.
View the best growth stocks for 2024 here
.

Are investors shorting Chubb?

Chubb saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,490,000 shares, a drop of 9.1% from the April 30th total of 2,740,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.6% of the shares of the company are sold short.
View Chubb's Short Interest
.

When is Chubb's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our CB earnings forecast
.

How were Chubb's earnings last quarter?

Chubb Limited (NYSE:CB) announced its earnings results on Tuesday, April, 23rd. The financial services provider reported $5.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.29 by $0.12. The financial services provider had revenue of $12.22 billion for the quarter, compared to the consensus estimate of $11.75 billion. Chubb had a net margin of 17.99% and a trailing twelve-month return on equity of 16.29%. Chubb's quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $4.41 EPS.
Read the conference call transcript
.

How often does Chubb pay dividends? What is the dividend yield for Chubb?

Chubb announced a quarterly dividend on Thursday, May 16th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.91 per share on Friday, July 5th. This represents a $3.64 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Friday, June 14th. This is an increase from the stock's previous quarterly dividend of $0.86.
Read our dividend analysis for CB
.

Is Chubb a good dividend stock?

Chubb (NYSE:CB) pays an annual dividend of $3.44 per share and currently has a dividend yield of 1.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CB will have a dividend payout ratio of 14.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CB.

How will Chubb's stock buyback program work?

Chubb declared that its Board of Directors has authorized a stock buyback program on Monday, June 12th 2023, which allows the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

What is Evan Greenberg's approval rating as Chubb's CEO?

395 employees have rated Chubb Chief Executive Officer Evan Greenberg on Glassdoor.com. Evan Greenberg has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Chubb own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chubb investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Chevron (CVX), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Walmart (WMT), Exxon Mobil (XOM) and McDonald's (MCD).

Who are Chubb's major shareholders?

Chubb's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.51%), Price T Rowe Associates Inc. MD (4.58%), Capital World Investors (2.71%), Capital International Investors (1.76%), Capital Research Global Investors (1.65%) and Lazard Asset Management LLC (0.87%). Insiders that own company stock include Annmarie T Hagan, Evan G Greenberg, Evan G Greenberg, John J Lupica, John W Keogh, Joseph F Wayland, Juan Luis Ortega, Michael G Atieh, Michael G Atieh, Paul J Krump, Sean Ringsted, Theodore Shasta and Timothy Alan Boroughs.
View institutional ownership trends
.

How do I buy shares of Chubb?

Shares of CB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CB) was last updated on 6/10/2024 by MarketBeat.com Staff

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