
Cincinnati Financial Corporation (NASDAQ:CINF – Free Report) – Analysts at DOWLING & PARTN issued their FY2026 EPS estimates for Cincinnati Financial in a research note issued on Wednesday, November 4th. DOWLING & PARTN analyst N. Iacoviello expects that the insurance provider will post earnings of $8.90 per share for the year. The consensus estimate for Cincinnati Financial’s current full-year earnings is $9.26 per share. DOWLING & PARTN also issued estimates for Cincinnati Financial’s FY2027 earnings at $8.90 EPS and FY2028 earnings at $9.10 EPS.
Cincinnati Financial (NASDAQ:CINF – Get Free Report) last announced its earnings results on Monday, October 26th. The insurance provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.81. Cincinnati Financial had a net margin of 20.07% and a return on equity of 9.48%. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the prior year, the company earned $2.85 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis.
Several other research firms have also commented on CINF. Weiss Ratings lowered Cincinnati Financial from a “buy (a)” rating to a “buy (a-)” rating in a research note on Thursday, October 8th. Atlantic Securities set a $197.00 target price on Cincinnati Financial in a research report on Wednesday, July 15th. Piper Sandler boosted their price target on Cincinnati Financial from $175.00 to $197.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Keefe, Bruyette & Woods reduced their price target on Cincinnati Financial from $190.00 to $171.00 and set a “market perform” rating for the company in a research report on Monday, October 12th. Finally, Roth Capital raised their price objective on Cincinnati Financial from $190.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $191.60.
Check Out Our Latest Stock Analysis on CINF
Cincinnati Financial Trading Down 1.1%
Shares of Cincinnati Financial stock opened at $188.31 on Friday. Cincinnati Financial has a 1-year low of $153.40 and a 1-year high of $195.72. The company’s fifty day simple moving average is $170.60 and its 200-day simple moving average is $168.63. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market capitalization of $28.91 billion, a PE ratio of 19.52, a P/E/G ratio of 3.00 and a beta of 0.48.
Institutional Investors Weigh In On Cincinnati Financial
A number of institutional investors have recently bought and sold shares of the business. State Street Corp boosted its stake in shares of Cincinnati Financial by 225.5% in the second quarter. State Street Corp now owns 26,974,052 shares of the insurance provider’s stock worth $4,993,976,000 after acquiring an additional 18,686,673 shares during the period. Envestnet Asset Management Inc. raised its stake in Cincinnati Financial by 1,474.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,242,991 shares of the insurance provider’s stock valued at $415,267,000 after purchasing an additional 2,100,563 shares during the period. Bank of America Corp DE purchased a new position in Cincinnati Financial in the 2nd quarter worth approximately $347,891,000. Assenagon Asset Management S.A. purchased a new position in Cincinnati Financial in the 3rd quarter worth approximately $248,705,000. Finally, GQG Partners LLC bought a new position in Cincinnati Financial in the 2nd quarter worth approximately $216,679,000. Hedge funds and other institutional investors own 65.24% of the company’s stock.
Insider Activity at Cincinnati Financial
In other news, Director Dirk Debbink acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $171.64 per share, for a total transaction of $171,640.00. Following the transaction, the director directly owned 62,059 shares of the company’s stock, valued at approximately $10,651,806.76. This trade represents a 1.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.94% of the stock is owned by insiders.
Cincinnati Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 23rd were paid a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.0%. Cincinnati Financial’s dividend payout ratio is 22.05%.
About Cincinnati Financial
Cincinnati Financial Corporation is an insurance holding company headquartered in Fairfield, Ohio. Founded in 1950 by four independent insurance agents, the company markets its products primarily through a network of independent agencies.
The company’s principal business is property and casualty insurance. Its offerings include commercial insurance for businesses, personal insurance for individuals and families, and specialty coverage for risks that may require more customized underwriting.
Featured Stories
- Five stocks we like better than Cincinnati Financial
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Cincinnati Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cincinnati Financial and related companies with MarketBeat.com's FREE daily email newsletter.
