Zacks Research Analysts Lower Earnings Estimates for Chubb

Key Points

• Zacks Research cut its Q1 2027 EPS estimate for Chubb to $6.27 from $7.20 and forecast Q4 2027 EPS of $7.81. The current full-year consensus estimate is $28.89 per share.
• Chubb’s latest reported quarter beat expectations, with EPS of $7.66 versus the $6.77 consensus and revenue of $16.20 billion versus forecasts of $15.66 billion.
• Analysts’ average rating is Hold, with an average price target of $362.78. CEO Evan Greenberg sold 13,889 shares for about $5 million but retained 277,274 shares.

Chubb Limited (NYSE:CB - Free Report) - Investment analysts at Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for shares of Chubb in a report issued on Tuesday, November 3rd. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $6.27 for the quarter, down from their previous forecast of $7.20. The consensus estimate for Chubb's current full-year earnings is $28.89 per share. Zacks Research also issued estimates for Chubb's Q4 2027 earnings at $7.81 EPS.

A number of other brokerages have also recently commented on CB. Morgan Stanley raised their price target on Chubb from $350.00 to $360.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 27th. Atlantic Securities set a $301.00 price objective on shares of Chubb in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $354.00 price objective on shares of Chubb in a research note on Wednesday, July 22nd. Mizuho upped their price target on shares of Chubb from $336.00 to $350.00 and gave the stock a "neutral" rating in a report on Thursday, October 22nd. Finally, Piper Sandler increased their price target on shares of Chubb from $340.00 to $374.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Chubb currently has an average rating of "Hold" and an average target price of $362.78.

Chubb Price Performance

Chubb stock opened at $374.41 on Thursday. The firm has a market cap of $143.06 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 1.69 and a beta of 0.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The stock's fifty day moving average price is $344.94 and its two-hundred day moving average price is $334.80. Chubb has a one year low of $282.11 and a one year high of $374.60.

Chubb (NYSE:CB - Get Free Report) last announced its earnings results on Tuesday, October 20th. The financial services provider reported $7.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.77 by $0.89. The company had revenue of $16.20 billion during the quarter, compared to analysts' expectations of $15.66 billion. Chubb had a net margin of 18.15% and a return on equity of 14.41%. During the same quarter in the previous year, the business posted $7.49 earnings per share.

Hedge Funds Weigh In On Chubb

Large investors have recently bought and sold shares of the company. Atticus Wealth Management LLC raised its holdings in Chubb by 3.7% during the third quarter. Atticus Wealth Management LLC now owns 815 shares of the financial services provider's stock worth $265,000 after buying an additional 29 shares during the last quarter. Essential Investment Partners LLC grew its holdings in shares of Chubb by 51.8% during the third quarter. Essential Investment Partners LLC now owns 85 shares of the financial services provider's stock valued at $28,000 after buying an additional 29 shares during the last quarter. Freedom Day Solutions LLC grew its holdings in shares of Chubb by 0.4% during the third quarter. Freedom Day Solutions LLC now owns 8,241 shares of the financial services provider's stock valued at $2,681,000 after buying an additional 31 shares during the last quarter. United Asset Strategies Inc. grew its holdings in shares of Chubb by 1.1% during the third quarter. United Asset Strategies Inc. now owns 3,034 shares of the financial services provider's stock valued at $987,000 after buying an additional 32 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC increased its position in shares of Chubb by 4.9% during the third quarter. Baker Tilly Wealth Management LLC now owns 722 shares of the financial services provider's stock worth $235,000 after acquiring an additional 34 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Evan Greenberg sold 13,889 shares of the stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $360.02, for a total value of $5,000,317.78. Following the completion of the transaction, the chief executive officer directly owned 277,274 shares in the company, valued at approximately $99,824,185.48. This represents a 4.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael P. Connors sold 5,500 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $345.00, for a total value of $1,897,500.00. Following the sale, the director directly owned 12,803 shares in the company, valued at approximately $4,417,035. This trade represents a 30.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,985 shares of company stock worth $11,748,463 in the last three months. 0.37% of the stock is owned by corporate insiders.

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, September 11th. Chubb's dividend payout ratio is currently 14.28%.

Chubb News Roundup

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb’s partnership with Currys expands its embedded-insurance reach in the U.K., positioning it to capture demand for mobile-device protection through retail and digital channels. Can Chubb's Currys Partnership Expand Embedded Insurance Growth?
• Positive Sentiment: Recent coverage highlighted Chubb as a momentum stock and noted that shares had reached a 52-week high. This may reinforce investor interest, although the articles do not identify a specific new company catalyst behind the run. What Makes Chubb (CB) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: An article on possible interest-rate hikes cited insurers among stocks that could benefit. Higher rates can improve investment income over time, but the outlook is conditional and not specific to Chubb. Rate Hikes Could Be Coming: History Likes These 4 Insurance Stocks
• Neutral Sentiment: Zacks Research made a mix of modest upward and downward earnings-estimate changes across coming quarters and fiscal years. The revisions offer no clear overall change in expectations. Chubb Limited analyst estimates
• Negative Sentiment: CEO Evan Greenberg sold 13,889 shares for about $5 million. Insider sales can weigh on sentiment, though he retained 277,274 shares after the transaction. Chubb CEO Sells 13,889 Shares

About Chubb

Chubb Limited is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings include commercial and personal property and casualty insurance, liability coverage, workers' compensation, specialty insurance, travel insurance, and coverage for high-net-worth individuals.

The company serves businesses, individuals, and institutional customers through a network spanning North America, Latin America, Europe, Asia-Pacific, and other international markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.