Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Cincinnati Financial Corp (NASDAQ: CINF) closed at $136.07 down -1.41% from its previous closing price of $138.01. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 0.77 million shares were traded. CINF stock price reached its highest trading level at $138.625 during the session, while it also had its lowest trading level at $135.96.
Ratios:
For a deeper understanding of Cincinnati Financial Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on June 28, 2024, Upgraded its rating to Buy and sets its target price to $135 from $126 previously.
On March 25, 2024, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $125 to $135.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 03 ’24 when Debbink Dirk J bought 1,000 shares for $157.19 per share. The transaction valued at 157,188 led to the insider holds 54,500 shares of the business.
Schiff Charles Odell sold 6,000 shares of CINF for $782,623 on Jul 31 ’24. The Director now owns 184,555 shares after completing the transaction at $130.44 per share. On Apr 29 ’24, another insider, Osborn David P, who serves as the Director of the company, bought 2,000 shares for $111.64 each. As a result, the insider paid 223,283 and bolstered with 33,919 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CINF now has a Market Capitalization of 21269784576 and an Enterprise Value of 20391796736. As of this moment, Cincinnati’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.99, and their Forward P/E ratio for the next fiscal year is 19.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 1.678 whereas that against EBITDA is 5.02.
Stock Price History:
The Beta on a monthly basis for CINF is 0.72, which has changed by 0.22992599 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, CINF has reached a high of $161.74, while it has fallen to a 52-week low of $104.78. The 50-Day Moving Average of the stock is -8.13%, while the 200-Day Moving Average is calculated to be 3.23%.
Shares Statistics:
For the past three months, CINF has traded an average of 604.22K shares per day and 685460 over the past ten days. A total of 156.30M shares are outstanding, with a floating share count of 153.59M. Insiders hold about 1.74% of the company’s shares, while institutions hold 67.48% stake in the company. Shares short for CINF as of 1735603200 were 2005554 with a Short Ratio of 3.32, compared to 1732838400 on 2014340. Therefore, it implies a Short% of Shares Outstanding of 2005554 and a Short% of Float of 1.49.
Dividends & Splits
According to the company, the forward annual dividend rate for CINF is 3.24, from 3.18 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02304181The stock’s 5-year Average Dividend Yield is 2.56. The current Payout Ratio is 25.74% for CINF, which recently paid a dividend on 2024-12-19 with an ex-dividend date of 1734566400. Stock splits for the company last occurred on 2005-04-04 when the company split stock in a 105:100 ratio.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 8.0 analysts currently analyzing and rating the stock of Cincinnati Financial Corp (CINF).The consensus estimate for the next quarter is $1.52, with high estimates of $2.1 and low estimates of $0.28.
Analysts are recommending an EPS of between $6.6 and $6.0 for the fiscal current year, implying an average EPS of $6.3. EPS for the following year is $7.04, with 8.0 analysts recommending between $7.95 and $5.5.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $2.63B this quarter.It ranges from a high estimate of $2.67B to a low estimate of $2.61B. As of the current estimate, Cincinnati Financial Corp’s year-ago sales were $3.36BFor the next quarter, 5 analysts are estimating revenue of $2.68B. There is a high estimate of $2.75B for the next quarter, whereas the lowest estimate is $2.64B.
A total of 5 analysts have provided revenue estimates for CINF’s current fiscal year. The highest revenue estimate was $11.47B, while the lowest revenue estimate was $11.41B, resulting in an average revenue estimate of $11.43B. In the same quarter a year ago, actual revenue was $10.01BBased on 5 analysts’ estimates, the company’s revenue will be $11.22B in the next fiscal year. The high estimate is $11.7B and the low estimate is $10.86B.
