Chubb Limited Forecasted to Post FY2024 Earnings of $21.33 Per Share (NYSE:CB)

Chubb Limited (NYSE:CB) – Stock analysts at Zacks Research increased their FY2024 earnings per share (EPS) estimates for shares of Chubb in a research report issued on Thursday, September 26th. Zacks Research analyst T. De now expects that the financial services provider will earn $21.33 per share for the year, up from their prior forecast of $21.12. The consensus estimate for Chubb’s current full-year earnings is $21.21 per share. Zacks Research also issued estimates for Chubb’s Q3 2025 earnings at $5.75 EPS, Q4 2025 earnings at $5.89 EPS, FY2025 earnings at $23.14 EPS, Q1 2026 earnings at $6.04 EPS and FY2026 earnings at $23.89 EPS.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.04 by $0.34. Chubb had a return on equity of 15.77% and a net margin of 18.14%. The firm had revenue of $13.36 billion during the quarter, compared to the consensus estimate of $13.04 billion. During the same period in the prior year, the firm earned $4.92 EPS. The firm’s quarterly revenue was up 11.8% compared to the same quarter last year.

A number of other equities analysts have also recently weighed in on CB. Bank of America upped their price objective on shares of Chubb from $257.00 to $264.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Barclays started coverage on shares of Chubb in a research report on Wednesday, September 4th. They issued an “overweight” rating and a $349.00 price objective for the company. Royal Bank of Canada upped their price objective on shares of Chubb from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. upped their price objective on shares of Chubb from $266.00 to $286.00 and gave the company a “neutral” rating in a research report on Thursday, July 11th. Finally, Roth Mkm upped their price objective on shares of Chubb from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Chubb currently has an average rating of “Hold” and an average price target of $274.70.

Chubb Stock Down 0.1 %

Shares of NYSE CB opened at $289.57 on Monday. Chubb has a 12-month low of $204.15 and a 12-month high of $294.18. The company has a market cap of $117.58 billion, a P/E ratio of 12.85, a P/E/G ratio of 5.74 and a beta of 0.66. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average price of $278.57 and a 200 day moving average price of $264.72.

Chubb Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, September 13th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.26%. Chubb’s payout ratio is currently 16.16%.

Insider Buying and Selling at Chubb

In other Chubb news, CEO Evan G. Greenberg sold 30,537 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $287.25, for a total value of $8,771,753.25. Following the sale, the chief executive officer now owns 583,982 shares in the company, valued at $167,748,829.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Juan Luis Ortega sold 3,921 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $273.06, for a total value of $1,070,668.26. Following the transaction, the executive vice president now directly owns 44,632 shares of the company’s stock, valued at $12,187,213.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Evan G. Greenberg sold 30,537 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of $287.25, for a total transaction of $8,771,753.25. Following the transaction, the chief executive officer now directly owns 583,982 shares in the company, valued at $167,748,829.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 86,636 shares of company stock worth $24,874,208. 0.86% of the stock is owned by company insiders.

Institutional Investors Weigh In On Chubb

Several hedge funds have recently made changes to their positions in the stock. Gryphon Financial Partners LLC acquired a new stake in shares of Chubb in the fourth quarter valued at approximately $597,000. Focus Financial Network Inc. ADV bought a new position in shares of Chubb during the fourth quarter worth $577,000. Scotia Capital Inc. boosted its position in shares of Chubb by 4.8% during the fourth quarter. Scotia Capital Inc. now owns 6,015 shares of the financial services provider’s stock worth $1,359,000 after purchasing an additional 275 shares in the last quarter. Eagle Asset Management Inc. bought a new position in shares of Chubb during the fourth quarter worth $2,025,000. Finally, California State Teachers Retirement System lifted its position in Chubb by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 664,376 shares of the financial services provider’s stock valued at $150,149,000 after acquiring an additional 3,303 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.

Chubb Company Profile

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.