Cincinnati Financial (CINF) Stock Forecast, Price & News

7 Wall Street 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 research analysts is that investors should "moderate buy" CINF shares.
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7 equities research analysts have issued 12 month price objectives 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 17.4% from the stock's current price.
View analysts price targets for CINF or view top-rated stocks among Wall Street analysts.

Cincinnati Financial's stock was trading at $102.39 at the start of the year. Since then, CINF stock has decreased by 2.3% and is now trading at $100.06.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our CINF earnings forecast.

Cincinnati Financial Co. (NASDAQ:CINF) posted its quarterly earnings data on Thursday, July, 27th. The insurance provider reported $1.21 earnings per share for the quarter, topping 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%.

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 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, September 15th.
Read our dividend analysis for CINF.

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).

Cincinnati Financial (NASDAQ:CINF) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.93%. 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.

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.

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).

Cincinnati Financial trades on the NASDAQ under the ticker symbol "CINF."

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.
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One share of CINF stock can currently be purchased for approximately $100.06.

Cincinnati Financial (NASDAQ:CINF) has a market capitalization of $15.70 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.

The company employs 5,148 workers across the globe.

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.