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 Price Performance

CINF Stock traded down $1.64 during trading on Friday, hitting $104.53. The stock had a trading volume of 10,225 shares, compared to its average volume of 950,599. The company's 50 day moving average price is $110.57 and its two-hundred day moving average price is $122.07. Cincinnati Financial has a 1-year low of $93.41 and a 1-year high of $143.22. The stock has a market cap of $16.64 billion, a price-to-earnings ratio of 32.97 and a beta of 0.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.30 and a current ratio of 0.30.

Cincinnati Financial (NASDAQ:CINF - Get Rating) last posted its quarterly earnings data on Wednesday, July 27th. The insurance provider reported $0.65 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 company had revenue of $820.00 million for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the prior year, the company earned $1.79 EPS. The company's revenue was down 64.3% compared to the same quarter last year. On average, sell-side analysts forecast that Cincinnati Financial will post 5.05 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on CINF shares. StockNews.com downgraded Cincinnati Financial from a "hold" rating to a "sell" rating in a research note on Saturday, August 13th. TheStreet downgraded Cincinnati Financial from a "b" rating to a "c+" rating in a research note on Wednesday, July 27th.

Insiders Place Their Bets

In related news, Director Thomas J. Aaron purchased 1,030 shares of the firm's stock in a transaction on Wednesday, August 3rd. The stock was purchased at an average price of $96.33 per share, for a total transaction of $99,219.90. Following the acquisition, the director now directly owns 5,740 shares in the company, valued at $552,934.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Cincinnati Financial news, Director Dirk J. Debbink bought 510 shares of Cincinnati Financial stock in a transaction dated Friday, July 29th. The stock was bought at an average cost 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 purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Thomas J. Aaron bought 1,030 shares of Cincinnati Financial stock in a transaction dated Wednesday, August 3rd. The shares were acquired at an average price of $96.33 per share, with a total value of $99,219.90. Following the completion of the purchase, the director now owns 5,740 shares in the company, valued at approximately $552,934.20. The disclosure for this purchase can be found here. 2.95% of the stock is owned by company insiders.