FY2025 Earnings Forecast for Cincinnati Financial Co. Issued By Zacks Research (NASDAQ:CINF)

Cincinnati Financial Co. (NASDAQ:CINF) – Research analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of Cincinnati Financial in a research note issued on Monday, September 9th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $6.95 per share for the year, down from their previous estimate of $6.97. The consensus estimate for Cincinnati Financial’s current full-year earnings is $6.58 per share.

Cincinnati Financial (NASDAQ:CINF) last issued its earnings results on Thursday, July 25th. The insurance provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.33. The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Cincinnati Financial had a net margin of 20.20% and a return on equity of 9.10%. Cincinnati Financial’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 EPS.

Several other equities analysts also recently commented on the stock. Roth Mkm upped their price objective on shares of Cincinnati Financial from $130.00 to $140.00 and gave the company a “buy” rating in a report on Friday, July 26th. Keefe, Bruyette & Woods increased their price target on shares of Cincinnati Financial from $146.00 to $150.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Citigroup upgraded Cincinnati Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $126.00 to $135.00 in a report on Friday, June 28th. Finally, Bank of America lowered their price objective on Cincinnati Financial from $151.00 to $149.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.57.

Cincinnati Financial Stock Performance

CINF opened at $133.97 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.07. The stock has a market cap of $20.97 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 2.63 and a beta of 0.66. Cincinnati Financial has a 12-month low of $96.86 and a 12-month high of $139.34. The business has a 50 day moving average of $128.21 and a 200-day moving average of $121.15.

Hedge Funds Weigh In On Cincinnati Financial

Hedge funds have recently bought and sold shares of the company. Heritage Wealth Management Inc. acquired a new stake in shares of Cincinnati Financial in the 2nd quarter valued at $3,795,000. Sanctuary Advisors LLC acquired a new position in Cincinnati Financial during the 2nd quarter worth approximately $4,384,000. Aurora Investment Counsel lifted its stake in Cincinnati Financial by 1.1% in the 2nd quarter. Aurora Investment Counsel now owns 13,846 shares of the insurance provider’s stock valued at $1,635,000 after purchasing an additional 153 shares during the last quarter. Regal Investment Advisors LLC boosted its position in Cincinnati Financial by 17.5% in the second quarter. Regal Investment Advisors LLC now owns 36,947 shares of the insurance provider’s stock valued at $4,363,000 after buying an additional 5,503 shares in the last quarter. Finally, William B. Walkup & Associates Inc. bought a new stake in shares of Cincinnati Financial during the second quarter worth $344,000. 65.24% of the stock is owned by institutional investors.

Cincinnati Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, September 17th will be issued a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Tuesday, September 17th. Cincinnati Financial’s dividend payout ratio (DPR) is currently 21.56%.

Cincinnati Financial Company Profile

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. It 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.