Cincinnati Financial (CINF) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Financial in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
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8 brokers have issued 1 year price objectives for Cincinnati Financial's shares. Their CINF share price forecasts range from $106.00 to $130.00. On average, they predict the company's stock price to reach $117.17 in the next year. This suggests a possible upside of 15.6% 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 beginning of 2023. Since then, CINF shares have decreased by 1.0% and is now trading at $101.39.
View the best growth stocks for 2023 here.

Cincinnati Financial saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,390,000 shares, a decrease of 7.0% from the April 30th total of 2,570,000 shares. Based on an average daily volume of 726,700 shares, the short-interest ratio is currently 3.3 days. Currently, 1.6% of the company's stock are sold short.
View Cincinnati Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our CINF earnings forecast.

Cincinnati Financial Co. (NASDAQ:CINF) released its quarterly earnings results on Friday, April, 28th. The insurance provider reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.21. The insurance provider earned $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. Cincinnati Financial had a trailing twelve-month return on equity of 5.44% and a net margin of 0.16%. The firm's revenue for the quarter was up 84.0% compared to the same quarter last year. During the same period last year, the firm earned $1.58 EPS.
Read the conference call transcript.

Cincinnati Financial declared a quarterly dividend on Saturday, May 6th. Investors of record on Friday, June 16th will be given a dividend of $0.75 per share on Friday, July 14th. This represents a $3.00 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend is Thursday, June 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), FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), ProShares S&P 500 Aristocrats ETF (NOBL), ProShares Russell US Dividend Growers ETF (TMDV) 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 2.97%. 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 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CINF will have a dividend payout ratio of 51.55% 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."

Cincinnati Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.58%), State Street Corp (6.03%), Aristotle Capital Management LLC (5.56%), Geode Capital Management LLC (2.13%), Bank of America Corp DE (1.93%) and London Co. of Virginia (1.70%). Insiders that own company stock include Charles Odell Schiff, Dirk J Debbink, Teresa C Cracas 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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One share of CINF stock can currently be purchased for approximately $101.39.

Cincinnati Financial (NASDAQ:CINF) has a market capitalization of $15.94 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 $0.12 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.