Chubb (CB) Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chubb in the last year. There are currently 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CB shares.
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15 Wall Street research analysts have issued 1-year price objectives for Chubb's stock. Their CB share price forecasts range from $209.00 to $270.00. On average, they anticipate the company's stock price to reach $242.79 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
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Chubb's stock was trading at $220.60 at the beginning of the year. Since then, CB shares have decreased by 3.7% and is now trading at $212.34.
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Chubb saw a decrease in short interest in August. As of August 31st, there was short interest totaling 1,570,000 shares, a decrease of 18.2% from the August 15th total of 1,920,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our CB earnings forecast.

Chubb Limited (NYSE:CB) announced its quarterly earnings data on Tuesday, July, 25th. The financial services provider reported $4.92 EPS for the quarter, topping analysts' consensus estimates of $4.41 by $0.51. The financial services provider earned $10.68 billion during the quarter, compared to analyst estimates of $11.24 billion. Chubb had a trailing twelve-month return on equity of 13.56% and a net margin of 12.47%. The company's revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $4.20 EPS.
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Chubb announced a quarterly dividend on Thursday, August 10th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.86 per share on Friday, October 6th. This represents a $3.44 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for CB.

ETFs with the largest weight of Chubb (NYSE:CB) stock in their portfolio include iShares U.S. Insurance ETF (IAK), Invesco KBW Property & Casualty Insurance ETF (KBWP), Davis Select Financial ETF (DFNL), PGIM Jennison Focused Value ETF (PJFV), Invesco Select Growth ETF (IVSG), OneAscent Large Cap Core ETF (OALC), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL) and First Trust Long/Short Equity ETF (FTLS).

Chubb (NYSE:CB) pays an annual dividend of $3.44 per share and currently has a dividend yield of 1.61%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CB will have a dividend payout ratio of 17.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CB.

Chubb announced that its Board of Directors has approved a stock repurchase program on Monday, June 12th 2023, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

395 employees have rated Chubb Chief Executive Officer Evan Greenberg on Glassdoor.com. Evan Greenberg has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chubb investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Chevron (CVX), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Walmart (WMT), Exxon Mobil (XOM) and McDonald's (MCD).

Chubb trades on the New York Stock Exchange (NYSE) under the ticker symbol "CB."

Chubb's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.10%), State Street Corp (4.55%), Capital International Investors (2.75%), Capital World Investors (2.50%), Geode Capital Management LLC (1.94%) and Wells Fargo & Company MN (1.44%). Insiders that own company stock include Annmarie T Hagan, Evan G Greenberg, Evan G Greenberg, John J Lupica, John W Keogh, Joseph F Wayland, Joseph F Wayland, Juan Luis Ortega, Michael G Atieh, Michael G Atieh, Paul J Krump, Sean Ringsted, Theodore Shasta and Timothy Alan Boroughs.
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Shares of CB 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 CB stock can currently be purchased for approximately $212.34.

Chubb (NYSE:CB) has a market capitalization of $87.21 billion and generates $43.17 billion in revenue each year. The financial services provider earns $5.31 billion in net income (profit) each year or $13.92 on an earnings per share basis.

The company employs 34,000 workers across the globe.

Chubb's mailing address is BARENGASSE 32, ZURICH V8, CH-8001. The official website for the company is www.chubb.com. The financial services provider can be reached via phone at (143) 456-7600, via email at investorrelations@chubb.com, or via fax at 41-43-456-7601.