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 Ratings Changes

Several research analysts recently commented on the company. StockNews.com upgraded Cincinnati Financial from a "sell" rating to a "hold" rating in a research report on Friday. TheStreet downgraded 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 CINF traded up $0.50 during trading hours on Tuesday, reaching $98.84. 820,803 shares of the company traded hands, compared to its average volume of 734,499. The stock has a market capitalization of $15.74 billion, a P/E ratio of 30.70 and a beta of 0.54. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.08. Cincinnati Financial has a 12-month low of $93.41 and a 12-month high of $143.22. The business has a fifty day moving average price of $113.70 and a 200-day moving average price of $122.69.

Cincinnati Financial (NASDAQ:CINF - Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The insurance provider reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $1.05 by ($0.40). The company had revenue of $820.00 million for the quarter, compared to analysts' expectations of $1.96 billion. Cincinnati Financial had a net margin of 7.59% and a return on equity of 7.45%. Cincinnati Financial's quarterly revenue was down 64.3% compared to the same quarter last year. During the same period last year, the firm earned $1.79 earnings per share. Equities analysts anticipate that Cincinnati Financial will post 5.3 EPS for the current fiscal year.

Insider Activity at Cincinnati Financial

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