FY2025 EPS Estimates for Cincinnati Financial Co. (NASDAQ:CINF) Decreased by Zacks Research

Cincinnati Financial Co. (NASDAQ:CINF) – Equities research analysts at Zacks Research reduced their FY2025 earnings per share (EPS) estimates for shares of Cincinnati Financial in a report 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 prior forecast of $6.97. The consensus estimate for Cincinnati Financial’s current full-year earnings is $6.58 per share.

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

A number of other equities analysts have also issued reports on CINF. Roth Mkm upped their target price on Cincinnati Financial from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Citigroup raised Cincinnati Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $126.00 to $135.00 in a research report on Friday, June 28th. Bank of America cut their target price 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. Finally, Keefe, Bruyette & Woods upped their target price on Cincinnati Financial from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $133.57.

Cincinnati Financial Stock Down 0.0 %

NASDAQ CINF opened at $137.44 on Wednesday. The stock has a market cap of $21.47 billion, a PE ratio of 9.14, a P/E/G ratio of 2.63 and a beta of 0.66. Cincinnati Financial has a fifty-two week low of $96.86 and a fifty-two week high of $139.34. The business has a 50 day moving average price of $127.87 and a two-hundred day moving average price of $121.06. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.07.

Institutional Investors Weigh In On Cincinnati Financial

Several institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in Cincinnati Financial in the fourth quarter worth $179,305,000. Fort Washington Investment Advisors Inc. OH increased its position in Cincinnati Financial by 1.1% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 1,514,353 shares of the insurance provider’s stock worth $178,845,000 after buying an additional 16,451 shares during the period. Dimensional Fund Advisors LP increased its position in Cincinnati Financial by 16.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,349,462 shares of the insurance provider’s stock worth $159,360,000 after buying an additional 187,934 shares during the period. Bahl & Gaynor Inc. increased its position in Cincinnati Financial by 10.6% in the second quarter. Bahl & Gaynor Inc. now owns 1,115,487 shares of the insurance provider’s stock worth $131,739,000 after buying an additional 107,081 shares during the period. Finally, AQR Capital Management LLC increased its position in Cincinnati Financial by 39.4% in the second quarter. AQR Capital Management LLC now owns 981,333 shares of the insurance provider’s stock worth $115,758,000 after buying an additional 277,550 shares during the period. 65.24% of the stock is owned by institutional investors and hedge funds.

Cincinnati Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, September 17th will be given a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Tuesday, September 17th. Cincinnati Financial’s dividend payout ratio 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.