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NASDAQ:CINF

Cincinnati Financial (CINF) Stock Price, News & Analysis

$117.11
-1.71 (-1.44%)
(As of 05/23/2024 ET)
Today's Range
$117.01
$118.67
50-Day Range
$110.88
$124.17
52-Week Range
$95.01
$124.35
Volume
398,411 shs
Average Volume
820,471 shs
Market Capitalization
$18.33 billion
P/E Ratio
7.79
Dividend Yield
2.77%
Price Target
$126.00

Cincinnati Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
7.6% Upside
$126.00 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.53
Upright™ Environmental Score
News Sentiment
1.23mentions of Cincinnati Financial in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$113,470 Bought Last Quarter
Proj. Earnings Growth
9.58%
From $6.37 to $6.98 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.

4.35 out of 5 stars

Finance Sector

175th out of 831 stocks

Fire, Marine, & Casualty Insurance Industry

11th out of 49 stocks

CINF stock logo

About Cincinnati Financial Stock (NASDAQ:CINF)

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. It 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 contract and commercial surety bonds, and fidelity bonds; and machinery and equipment. 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, as well as other coverages, including miscellaneous errors and omissions, professional liability, and excess liability; 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, as well as annuities. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, redeemable preferred stocks, and mortgage-backed securities; 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 Stock Price History

CINF Stock News Headlines

Q1 2024 Cincinnati Financial Corp Earnings Call
Cincinnati Financial: Q1 Earnings Snapshot
Cincinnati Financial Corp. Q1 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/18/2024
Dividend Payable
4/15/2024
Last Earnings
4/26/2024
Today
5/23/2024
Ex-Dividend for 7/15 Dividend
6/18/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NASDAQ:CINF
CUSIP
17206210
Employees
5,426
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$126.00
High Stock Price Target
$143.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+7.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$1.84 billion
Pretax Margin
27.66%

Debt

Sales & Book Value

Annual Sales
$10.01 billion
Cash Flow
$6.70 per share
Book Value
$80.83 per share

Miscellaneous

Free Float
152,127,000
Market Cap
$18.33 billion
Optionable
Optionable
Beta
0.63

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Key Executives

  • Mr. Steven Justus Johnston C.F.A. (Age 64)
    CERA, FCAS, MAAA, Chairman & CEO
    Comp: $3.84M
  • Mr. Stephen Michael Spray (Age 58)
    President & Director
    Comp: $2.08M
  • Mr. Michael James Sewell CPA (Age 60)
    CFO, Principal Accounting Officer, Executive VP & Treasurer
    Comp: $2.47M
  • Ms. Teresa Currin Cracas Esq. (Age 58)
    Chief Risk Officer & Executive VP of The Cincinnati Insurance Company
    Comp: $1.55M
  • Mr. John Scott Kellington (Age 62)
    Chief Information Officer & Executive VP of The Cincinnati Insurance Company
    Comp: $1.69M
  • Mr. Steven Anthony Soloria C.F.A.
    C.P.C.U., Executive VP & Chief Investment Officer
  • Mr. Dennis E. McDaniel C.M.A. (Age 64)
    CPA, C.P.C.U., CFM, VP & Investor Relations Officer
  • Ms. Lisa Anne Love Esq. (Age 64)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Betsy E. Ertel C.P.C.U.
    Vice President of Corporate Communications
  • Mr. Donald Joseph Doyle Jr. (Age 57)
    AIM, C.P.C.U., Senior Vice President of The Cincinnati Insurance Company

CINF Stock Analysis - Frequently Asked Questions

Should I buy or sell Cincinnati Financial stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Financial in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.

What is Cincinnati Financial's stock price target for 2024?

6 analysts have issued twelve-month price targets for Cincinnati Financial's shares. Their CINF share price targets range from $110.00 to $143.00. On average, they expect the company's share price to reach $126.00 in the next year. This suggests a possible upside of 7.6% 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 2024?

Cincinnati Financial's stock was trading at $103.46 at the start of the year. Since then, CINF stock has increased by 13.2% and is now trading at $117.11.
View the best growth stocks for 2024 here
.

When is Cincinnati Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our CINF earnings forecast
.

How were Cincinnati Financial's earnings last quarter?

Cincinnati Financial Co. (NASDAQ:CINF) posted its earnings results on Friday, April, 26th. The insurance provider reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.03. The insurance provider earned $2.94 billion during the quarter, compared to analysts' expectations of $2.13 billion. Cincinnati Financial had a trailing twelve-month return on equity of 9.34% and a net margin of 22.16%. The firm's quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share.
Read the conference call transcript
.

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

Cincinnati Financial declared a quarterly dividend on Saturday, May 4th. Investors of record on Tuesday, June 18th will be given a dividend of $0.81 per share on Monday, July 15th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Tuesday, June 18th.
Read our dividend analysis for CINF
.

Is Cincinnati Financial a good dividend stock?

Cincinnati Financial (NASDAQ:CINF) pays an annual dividend of $3.24 per share and currently has a dividend yield of 2.73%. The company has been increasing its dividend for 64 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CINF will have a dividend payout ratio of 46.42% 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).

Who are Cincinnati Financial's major shareholders?

Cincinnati Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.10%), ProShare Advisors LLC (0.99%), Los Angeles Capital Management LLC (0.72%), Bank of New York Mellon Corp (0.66%), Bahl & Gaynor Inc. (0.64%) and Fifth Third Bancorp (0.39%). 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
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:CINF) was last updated on 5/23/2024 by MarketBeat.com Staff

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