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NYSE:CB

Chubb (CB) Stock Price, News & Analysis

$270.28
+8.67 (+3.31%)
(As of 07/26/2024 ET)
Today's Range
$262.55
$270.60
50-Day Range
$252.47
$270.82
52-Week Range
$198.10
$275.41
Volume
1.65 million shs
Average Volume
1.65 million shs
Market Capitalization
$109.75 billion
P/E Ratio
12.00
Dividend Yield
1.35%
Price Target
$270.05

Chubb MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
0.1% Downside
$270.05 Price Target
Short Interest
Healthy
0.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.51mentions of Chubb in the last 14 days
Based on 52 Articles This Week
Insider Trading
Selling Shares
$12.15 M Sold Last Quarter
Proj. Earnings Growth
9.82%
From $20.97 to $23.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Finance Sector

74th out of 898 stocks

Fire, Marine, & Casualty Insurance Industry

5th out of 54 stocks

CB stock logo

About Chubb Stock (NYSE:CB)

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm, ranch, and specialty property and casualty, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual and life, group term life, health protection, personal accident, credit life, universal life, group employee benefits, and unit linked contracts. It markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.

CB Stock Price History

CB Stock News Headlines

Chubb (NYSE:CB) Price Target Raised to $300.00 at Roth Mkm
FY2024 EPS Estimates for Chubb Limited Increased by Analyst (NYSE:CB)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Morgan Stanley Reaffirms Their Hold Rating on Chubb (CB)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Chubb Limited (CB) Q2 2024 Earnings Call Transcript
Chubb’s Strong Financials and Market Position Reinforce Buy Rating
Zacks Research Comments on Chubb Limited's Q2 2024 Earnings (NYSE:CB)
Chubb Limited Q2 Profit Advances, Beats Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 7/5 Dividend
6/14/2024
Dividend Payable
7/05/2024
Last Earnings
7/23/2024
Today
7/26/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Employees
40,000
Year Founded
1882

Price Target and Rating

Average Stock Price Target
$270.05
High Stock Price Target
$300.00
Low Stock Price Target
$215.00
Potential Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
20 Analysts

Profitability

Net Income
$9.03 billion
Pretax Margin
19.42%

Debt

Sales & Book Value

Annual Sales
$49.74 billion
Cash Flow
$24.15 per share
Book Value
$159.03 per share

Miscellaneous

Free Float
402,569,000
Market Cap
$109.55 billion
Optionable
Optionable
Beta
0.66

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Should I Buy Chubb Stock? CB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Chubb Limited:

  • Chubb Limited has a strong return on equity of 16.29%, indicating efficient use of shareholder funds to generate profits.
  • Chubb recently increased its quarterly dividend from $0.86 to $0.91, showcasing a commitment to rewarding shareholders with higher payouts.
  • Insiders sold a significant number of shares in the last quarter, potentially signaling confidence in the company's future performance and stability.
  • Chubb's revenue in the last quarter was $12.22 billion, surpassing analyst estimates and demonstrating strong financial performance.
  • Chubb's debt-to-equity ratio of 0.21 indicates a conservative approach to financing, reducing financial risk for investors.

Cons

Investors should be bearish about investing in Chubb Limited for these reasons:

  • Chubb's current ratio and quick ratio of 0.29 each suggest potential liquidity challenges in meeting short-term obligations.
  • Chubb's PE ratio of 11.32 and P/E/G ratio of 6.12 may indicate that the stock is currently overvalued compared to its growth prospects.
  • Analysts have set a consensus price target of $266.70 for Chubb, which is below the current market price, potentially signaling limited upside for investors.
  • Chubb's beta of 0.66 indicates lower volatility compared to the market, which may result in slower price movements for traders seeking higher returns.
  • Eleven analysts have rated the stock as a hold, suggesting mixed opinions on the company's future performance and growth potential.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 2, 2024. Please send any questions or comments about these Chubb pros and cons to contact@marketbeat.com.

CB Stock Analysis - Frequently Asked Questions

How have CB shares performed this year?

Chubb's stock was trading at $226.00 at the beginning of 2024. Since then, CB stock has increased by 19.6% and is now trading at $270.28.
View the best growth stocks for 2024 here
.

How were Chubb's earnings last quarter?

Chubb Limited (NYSE:CB) posted its quarterly earnings results on Tuesday, July, 23rd. The financial services provider reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.04 by $0.34. The business's revenue was up 11.8% compared to the same quarter last year.
Read the conference call transcript
.

How will Chubb's stock buyback program work?

Chubb's Board of Directors initiated a stock buyback plan on Monday, June 12th 2023, which authorizes the company to buy back $5,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 6.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

What is Evan Greenberg's approval rating as Chubb's CEO?

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.

Who are Chubb's major shareholders?

Chubb's top institutional shareholders include Raymond James & Associates (0.75%), Bank of New York Mellon Corp (0.62%), Raymond James Financial Services Advisors Inc. (0.35%) and Sumitomo Mitsui Trust Holdings Inc. (0.25%). Insiders that own company stock include Evan G Greenberg, John W Keogh, Sean Ringsted, John J Lupica, Joseph F Wayland, Peter C Enns, Juan Luis Ortega, Michael G Atieh, Timothy Alan Boroughs, Theodore Shasta, Annmarie T Hagan and Paul J Krump.
View institutional ownership trends
.

How do I buy shares of Chubb?

Shares of CB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Chubb own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chubb investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Chevron (CVX), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Intel (INTC).

This page (NYSE:CB) was last updated on 7/26/2024 by MarketBeat.com Staff

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