Cincinnati Financial - CINF Stock Forecast, Price & News

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. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CINF. TheStreet lowered shares of Cincinnati Financial from a "b" rating to a "c+" rating in a research report on Wednesday, July 27th. StockNews.com lowered shares of Cincinnati Financial from a "hold" rating to a "sell" rating in a research report on Saturday.

Cincinnati Financial Price Performance

CINF opened at $104.33 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.30 and a current ratio of 0.30. The company has a 50-day moving average of $112.25 and a 200-day moving average of $122.35. Cincinnati Financial has a 1-year low of $93.41 and a 1-year high of $143.22. The company has a market capitalization of $16.61 billion, a P/E ratio of 32.40 and a beta of 0.54.

Cincinnati Financial (NASDAQ:CINF - Get Rating) last posted its earnings results on Wednesday, July 27th. The insurance provider reported $0.65 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.40). Cincinnati Financial had a net margin of 7.59% and a return on equity of 7.45%. The business had revenue of $820.00 million during the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the business earned $1.79 earnings per share. The firm's revenue was down 64.3% compared to the same quarter last year. Equities analysts expect that Cincinnati Financial will post 5.3 EPS for the current fiscal year.

Insider Buying and Selling

In other Cincinnati Financial news, Director Dirk J. Debbink bought 410 shares of the firm's stock in a transaction that occurred on Friday, May 20th. The stock was purchased at an average price of $120.67 per share, for a total transaction of $49,474.70. Following the purchase, the director now directly owns 43,507 shares in the company, valued at $5,249,989.69. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Dirk J. Debbink acquired 410 shares of the firm's stock in a transaction on Friday, May 20th. The shares were purchased at an average price of $120.67 per share, with a total value of $49,474.70. Following the acquisition, the director now directly owns 43,507 shares in the company, valued at $5,249,989.69. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dirk J. Debbink bought 510 shares of the stock in a transaction on Friday, July 29th. The stock was purchased at an average cost of $96.66 per share, with a total value of $49,296.60. Following the purchase, the director now directly owns 44,243 shares of the company's stock, valued at approximately $4,276,528.38. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 1,950 shares of company stock worth $197,991. Corporate insiders own 2.95% of the company's stock.