Cincinnati Financial Stock Price, News & Analysis (NASDAQ:CINF)

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CINF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CINF, but not buy additional shares or sell existing shares.
View CINF analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 12 month target prices for Cincinnati Financial's shares. Their CINF share price targets range from $106.00 to $118.00. On average, they predict the company's stock price to reach $113.00 in the next twelve months. This suggests a possible upside of 11.3% 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 on January 1st, 2023. Since then, CINF shares have decreased by 0.8% and is now trading at $101.54.
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Cincinnati Financial saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 749,300 shares, a decrease of 23.3% from the October 31st total of 977,200 shares. Based on an average trading volume of 644,400 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the shares of the stock are short sold.
View Cincinnati Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
View our CINF earnings forecast.

Cincinnati Financial Co. (NASDAQ:CINF) announced its quarterly earnings data on Friday, October, 27th. The insurance provider reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.59. The insurance provider earned $1.81 billion during the quarter, compared to analyst estimates of $2 billion. Cincinnati Financial had a trailing twelve-month return on equity of 7.41% and a net margin of 17.12%. Cincinnati Financial's quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 EPS.
Read the conference call transcript.

Cincinnati Financial announced a quarterly dividend on Friday, November 17th. Investors of record on Tuesday, December 19th will be given a dividend of $0.75 per share on Tuesday, January 16th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Monday, December 18th.
Read our dividend analysis for CINF.

Cincinnati Financial (NASDAQ:CINF) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.92%. The company has been increasing its dividend for 62 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 28.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CINF will have a dividend payout ratio of 49.50% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

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's stock is owned by many different retail and institutional investors. Top institutional investors include London Co. of Virginia (1.77%), Royal Bank of Canada (1.45%), Northern Trust Corp (1.10%), Aristotle Capital Management LLC (1.08%), Fort Washington Investment Advisors Inc. OH (0.97%) and Morgan Stanley (0.90%). Insiders that own company stock include Charles Odell Schiff, Dirk J Debbink, Nancy Cunningham Benacci, Nancy Cunningham Benacci and Thomas J Aaron.
View institutional ownership trends.

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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