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 Stock Up 1.5 %

Shares of NASDAQ:CINF traded up $1.57 on Friday, reaching $104.33. The company had a trading volume of 685,908 shares, compared to its average volume of 1,129,049. Cincinnati Financial has a 52-week low of $93.41 and a 52-week high of $143.22. The firm's 50 day simple moving average is $112.25 and its 200-day simple moving average is $122.35. 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 firm has a market capitalization of $16.61 billion, a PE ratio of 32.40 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 (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 company had revenue of $820.00 million during the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the firm earned $1.79 EPS. The business's quarterly revenue was down 64.3% compared to the same quarter last year. As a group, analysts expect that Cincinnati Financial will post 5.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity

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