NASDAQ:CINF

Cincinnati Financial (CINF) Stock Forecast, Price & News

$103.70

-1.00 (-0.96%)

(As of 09/28/2023 ET)

Compare

Today's Range: $103.42
▼
$105.44
50-Day Range: $101.70
▼
$109.72
52-Week Range: $89.36
▼
$130.66

Volume: 634,126 shs
Average Volume: 677,876 shs
Market Capitalization: $16.27 billion

P/E Ratio: 12.11
Dividend Yield: 2.89%
Price Target: $117.50

Cincinnati Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 13.3% Upside
$117.50 Price Target
Short Interest: Healthy
0.77% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.53
Upright™ Environmental Score
News Sentiment: 1.37
Based on 11 Articles This Week
Insider Trading: Acquiring Shares
$106,570 Bought Last Quarter
Proj. Earnings Growth: 17.60%
From $5.00 to $5.88 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Finance Sector

70th out of 868 stocks

Fire, Marine, & Casualty Insurance Industry

1st out of 47 stocks

2.3

Analyst's Opinion

Consensus Rating
Cincinnati Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $117.50, Cincinnati Financial has a forecasted upside of 13.3% from its current price of $103.70.
Amount of Analyst Coverage
Cincinnati Financial has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.77% of the float of Cincinnati Financial has been sold short.
Short Interest Ratio / Days to Cover
Cincinnati Financial has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cincinnati Financial has recently increased by 3.51%, indicating that investor sentiment is decreasing.

4.2

Dividend Strength

Dividend Yield
Cincinnati Financial pays a meaningful dividend of 2.85%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cincinnati Financial has been increasing its dividend for 63 years.
Dividend Coverage
The dividend payout ratio of Cincinnati Financial is 35.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cincinnati Financial will have a dividend payout ratio of 51.02% next year. This indicates that Cincinnati Financial will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cincinnati Financial has received a 31.09% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life annuities", "Home insurance services for individuals", "Life insurance services for groups", and "Long term disability insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Cincinnati Financial is -0.53.

3.5

News and Social Media Coverage

News Sentiment
Cincinnati Financial has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Cincinnati Financial this week, compared to 5 articles on an average week.
Search Interest
Only 3 people have searched for CINF on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
8 people have added Cincinnati Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cincinnati Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $106,570.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.95% of the stock of Cincinnati Financial is held by insiders.
Percentage Held by Institutions
64.81% of the stock of Cincinnati Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cincinnati Financial are expected to grow by 17.60% in the coming year, from $5.00 to $5.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cincinnati Financial is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cincinnati Financial is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 77.03.
Price to Earnings Growth Ratio
Cincinnati Financial has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cincinnati Financial has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cincinnati Financial (NASDAQ:CINF) Stock

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. It also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.

CINF Price History

30 days | 90 days | 365 days | Advanced Chart

CINF Stock News Headlines

September 28, 2023 | finance.yahoo.com

CME Group (CME) Rises 19% YTD: Can It Retain the Bull Run?

September 28, 2023 | investing.com

Cincinnati Financial Corp. shares continue downward trend, underperforming competitors

September 29, 2023 | Chaikin Analytics (Ad)

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September 26, 2023 | finance.yahoo.com

Cincinnati Financial (CINF) is a Top-Ranked Momentum Stock: Should You Buy?

September 26, 2023 | finance.yahoo.com

3 Growth Stocks to Pick From the Top-Ranked P&C Insurance Space

September 26, 2023 | finance.yahoo.com

Unum Group (UNM) Rises 22.4% YTD: More Room for Growth?

September 26, 2023 | americanbankingnews.com

Cincinnati Financial Co. (NASDAQ:CINF) Receives Consensus Rating of "Moderate Buy" from Brokerages

September 25, 2023 | finance.yahoo.com

CINF or PGR: Which Is the Better Value Stock Right Now?

September 29, 2023 | Behind the Markets (Ad)

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The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 15, 2023 | finance.yahoo.com

Insider Buying: Director Nancy Benacci Acquires 1000 Shares of Cincinnati Financial Corp

September 15, 2023 | finance.yahoo.com

Unraveling Cincinnati Financial Corp's Dividend Landscape: A Comprehensive Analysis

September 14, 2023 | bizjournals.com

FC Cincinnati’s league-leading season in the MLS means historic sellout of 2024 season tickets

September 7, 2023 | msn.com

4 P&C Insurers to Add to Portfolio Amid a Sluggish September

September 5, 2023 | finance.yahoo.com

Cincinnati Financial (CINF) Gains 9% QTD: Should You Buy It?

August 30, 2023 | msn.com

Hartford Financial (HIG) Improves Offerings With Beam Benefits

August 28, 2023 | marketwatch.com

Cincinnati Financial Corp. stock rises Monday, still underperforms market

August 17, 2023 | finance.yahoo.com

Cboe Global (CBOE) Shares More Profits, Ups Dividend by 10%

August 11, 2023 | marketwatch.com

Cincinnati Financial Corp. stock underperforms Friday when compared to competitors despite daily gains

August 9, 2023 | msn.com

Cincinnati Financial: Not Great RoR Yet, But A Solid Upside Here

August 7, 2023 | msn.com

Cincinnati Financial: Robust Quarterly Performance Driven By Investment Gains

August 3, 2023 | insidermonkey.com

Cincinnati Financial Corporation (CINF) Underperformed on Intentional Reduction in Sales Growth

July 30, 2023 | finance.yahoo.com

Cincinnati Financial Corporation (NASDAQ:CINF) Q2 2023 Earnings Call Transcript

July 29, 2023 | seekingalpha.com

Cincinnati Financial Corporation (CINF) Q2 2023 Earnings Call Transcript

July 29, 2023 | finance.yahoo.com

Has Cincinnati Financial Corporation's (NASDAQ:CINF) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

July 29, 2023 | finance.yahoo.com

Q2 2023 Cincinnati Financial Corp Earnings Call

July 28, 2023 | seekingalpha.com

Cincinnati Financial rises after Q2 results beat on higher insurance underwriting profits

July 28, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Hold Rating on Cincinnati Financial (CINF)

See More Headlines

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CINF Company Calendar

Ex-Dividend for 7/14 Dividend: 6/15/2023
Dividend Payable: 7/14/2023
Last Earnings: 7/27/2023
Ex-Dividend for 10/16 Dividend: 9/15/2023
Today: 9/29/2023
Dividend Payable: 10/16/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NASDAQ:CINF
CUSIP: 17206210
CIK: 20286
Web: www.cinfin.com
Phone: (513) 870-2000
Fax: 513-870-2066
Employees: 5,148
Year Founded: 1950

Price Target and Rating

Average Stock Price Forecast: $117.50
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $106.00
Forecasted Upside/Downside: +13.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.56
Trailing P/E Ratio: 12.11
Forward P/E Ratio: 20.74
P/E Growth: 1.19
Net Income: $-486,000,000.00
Net Margins: 14.45%
Pretax Margin: 17.56%
Return on Equity: 6.21%
Return on Assets: 2.16%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.28
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: $6.56 billion
Price / Sales: 2.48
Cash Flow: $5.02 per share
Price / Cash Flow: 20.67
Book Value: $67.00 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 156,860,000
Free Float: 152,229,000
Market Cap: $16.27 billion
Optionable: Optionable
Beta: 0.61

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Key Executives

Mr. Steven Justus Johnston C.F.A. (Age 63)
CERA, CFA, FCAS, MAAA, Chairman & CEO
Comp: $3.68M

Mr. Stephen Michael Spray (Age 57)
Pres
Comp: $1.83M

Mr. Michael James Sewell CPA (Age 59)
CPA, CFO, Principal Accounting Officer, Exec. VP & Treasurer
Comp: $2.36M

Ms. Teresa Currin Cracas Esq. (Age 57)
Chief Risk Officer & Exec. VP of The Cincinnati Insurance Company
Comp: $1.49M

Mr. John Scott Kellington (Age 61)
Chief Information Officer & Exec. VP of The Cincinnati Insurance Company
Comp: $1.61M

Mr. Steven Anthony Soloria C.F.A.
C.P.C.U., CFA, Exec. VP & Chief Investment Officer

Mr. Dennis E. McDaniel C.M.A. (Age 63)
C.P.A., C.P.C.U., CFM, CMA, CPA, CPCU, VP & Investor Relations Officer

Ms. Lisa Anne Love Esq. (Age 63)
Exec. VP, Chief Legal Officer & Corp. Sec.

Betsy E. Ertel C.P.C.U.
VP of Corp. Communications

Mr. Gregory Ziegler
HR Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CINF Stock - Frequently Asked Questions

Should I buy or sell Cincinnati Financial stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Financial in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CINF shares.
View CINF analyst ratings or view top-rated stocks.
What is Cincinnati Financial's stock price forecast for 2023?: 7 brokerages have issued 1-year price targets for Cincinnati Financial's stock. Their CINF share price forecasts range from $106.00 to $130.00. On average, they expect the company's stock price to reach $117.50 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts price targets for CINF or view top-rated stocks among Wall Street analysts.
How have CINF shares performed in 2023?: Cincinnati Financial's stock was trading at $102.39 at the beginning of the year. Since then, CINF shares have increased by 1.3% and is now trading at $103.70.
View the best growth stocks for 2023 here.
When is Cincinnati Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our CINF earnings forecast.
How were Cincinnati Financial's earnings last quarter?: Cincinnati Financial Co. (NASDAQ:CINF) issued its quarterly earnings results on Thursday, July, 27th. The insurance provider reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.49. The insurance provider had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.19 billion. Cincinnati Financial had a net margin of 14.45% and a trailing twelve-month return on equity of 6.21%.
How often does Cincinnati Financial pay dividends? What is the dividend yield for Cincinnati Financial?: Cincinnati Financial announced a quarterly dividend on Friday, August 25th. Stockholders of record on Monday, September 18th will be paid a dividend of $0.75 per share on Monday, October 16th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Friday, September 15th.
Read our dividend analysis for CINF.
What ETFs hold Cincinnati Financial's stock?: ETFs with the largest weight of Cincinnati Financial (NASDAQ:CINF) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares U.S. Insurance ETF (IAK), SPDR S&P Insurance ETF (KIE), Simplify Market Neutral Equity Long/Short ETF (EQLS), ProShares S&P 500 Aristocrats ETF (NOBL), ProShares Russell US Dividend Growers ETF (TMDV), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and Invesco S&P 500 Equal Weight Financials ETF (RYF).
Is Cincinnati Financial a good dividend stock?: Cincinnati Financial (NASDAQ:CINF) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.85%. The company has been increasing its dividend for 63 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CINF will have a dividend payout ratio of 51.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CINF.

What is Steven J. Johnston's approval rating as Cincinnati Financial's CEO?: 141 employees have rated Cincinnati Financial Chief Executive Officer Steven J. Johnston on Glassdoor.com. Steven J. Johnston has an approval rating of 90% among the company's employees. 83.0% of employees surveyed would recommend working at Cincinnati Financial to a friend.
What other stocks do shareholders of Cincinnati Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cincinnati Financial investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), AT&T (T), Procter & Gamble (PG), Chevron (CVX), Intel (INTC), PepsiCo (PEP), Exxon Mobil (XOM), Walgreens Boots Alliance (WBA) and McDonald's (MCD).
What is Cincinnati Financial's stock symbol?: Cincinnati Financial trades on the NASDAQ under the ticker symbol "CINF."
How do I buy shares of Cincinnati Financial?: Shares of CINF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cincinnati Financial's stock price today?: One share of CINF stock can currently be purchased for approximately $103.70.
How much money does Cincinnati Financial make?: Cincinnati Financial (NASDAQ:CINF) has a market capitalization of $16.27 billion and generates $6.56 billion in revenue each year. The insurance provider earns $-486,000,000.00 in net income (profit) each year or $8.56 on an earnings per share basis.
How many employees does Cincinnati Financial have?: The company employs 5,148 workers across the globe.
Does Cincinnati Financial have any subsidiaries?: The following companies are subsidiares of Cincinnati Financial: CFC Investment Company, CSU Producer Resources Inc., Cincinnati Global Dedicated No. 2 Ltd.SM, Cincinnati Global Underwriting Agency Ltd.SM, Cincinnati Global Underwriting Ltd.SM, Cincinnati Re, Lloyd's Syndicate 318, MSP Underwriting, The Cincinnati Casualty Company, The Cincinnati Indemnity Company, The Cincinnati Insurance Company, The Cincinnati Life Insurance Company, and The Cincinnati Specialty Underwriters Insurance Company.
Read More
How can I contact Cincinnati Financial?: Cincinnati Financial's mailing address is 6200 S GILMORE RD, FAIRFIELD OH, 45250. The official website for the company is www.cinfin.com. The insurance provider can be reached via phone at (513) 870-2000, via email at investor_inquiries@cinfin.com, or via fax at 513-870-2066.

This page (NASDAQ:CINF) was last updated on 9/29/2023 by MarketBeat.com Staff

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Cincinnati Financial (CINF) Stock Forecast, Price & News

Cincinnati Financial MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cincinnati Financial (NASDAQ:CINF) Stock

CINF Price History

CINF Stock News Headlines

CINF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CINF Stock - Frequently Asked Questions

Overall MarketRank^™