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.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CINF shares. StockNews.com upgraded shares of Cincinnati Financial from a "sell" rating to a "hold" rating in a research note on Friday, August 5th. TheStreet cut shares of Cincinnati Financial from a "b" rating to a "c+" rating in a research note on Wednesday, July 27th.

Cincinnati Financial Stock Performance

Shares of NASDAQ:CINF traded up $2.72 during trading on Thursday, hitting $102.76. The company's stock had a trading volume of 908,571 shares, compared to its average volume of 736,805. The company has a 50-day moving average of $113.18 and a 200-day moving average of $122.53. Cincinnati Financial has a 12 month low of $93.41 and a 12 month high of $143.22. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.30 and a quick ratio of 0.30. The firm has a market cap of $16.36 billion, a price-to-earnings ratio of 31.93 and a beta of 0.54.

Cincinnati Financial (NASDAQ:CINF - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The insurance provider reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.40). Cincinnati Financial had a return on equity of 7.45% and a net margin of 7.59%. The business had revenue of $820.00 million during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter last year, the company earned $1.79 EPS. Cincinnati Financial's revenue for the quarter was down 64.3% on a year-over-year basis. On average, sell-side analysts expect that Cincinnati Financial will post 5.3 earnings per share for the current year.

Insider Transactions at Cincinnati Financial

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