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.

Cincinnati Financial Trading Up 0.2 %

NASDAQ:CINF opened at $104.50 on Tuesday. The company has a 50-day moving average price of $112.25 and a 200-day moving average price of $122.47. Cincinnati Financial has a 12 month low of $93.41 and a 12 month high of $143.22. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.08. The stock has a market cap of $16.64 billion, a price-to-earnings ratio of 32.40 and a beta of 0.54.

Cincinnati Financial (NASDAQ:CINF - Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.96 billion. During the same period last year, the business earned $1.79 earnings per share. The company's revenue was down 64.3% on a year-over-year basis. Equities analysts predict that Cincinnati Financial will post 5.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. StockNews.com lowered shares of Cincinnati Financial from a "hold" rating to a "sell" rating in a report on Saturday. TheStreet cut shares of Cincinnati Financial from a "b" rating to a "c+" rating in a research report on Wednesday, July 27th.

Insider Activity at Cincinnati Financial

In other Cincinnati Financial news, Director Dirk J. Debbink purchased 410 shares of the stock in a transaction that occurred on Friday, May 20th. The stock was bought at an average cost of $120.67 per share, with a total value of $49,474.70. Following the transaction, the director now directly owns 43,507 shares in the company, valued at approximately $5,249,989.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Dirk J. Debbink bought 410 shares of the firm's stock in a transaction on Friday, May 20th. The stock was acquired at an average cost of $120.67 per share, with a total value of $49,474.70. Following the completion of the acquisition, the director now owns 43,507 shares of the company's stock, valued at $5,249,989.69. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas J. Aaron bought 1,030 shares of the firm's stock in a transaction on Wednesday, August 3rd. The stock was purchased at an average cost of $96.33 per share, with a total value of $99,219.90. Following the completion of the acquisition, the director now directly owns 5,740 shares of the company's stock, valued at approximately $552,934.20. The disclosure for this purchase can be found here. Insiders acquired a total of 1,950 shares of company stock valued at $197,991 in the last three months. Company insiders own 2.95% of the company's stock.