Brokerages forecast that Cincinnati Financial Corporation (NASDAQ:CINF) will post $0.87 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Cincinnati Financial Corporation’s earnings, with the lowest EPS estimate coming in at $0.85 and the highest estimate coming in at $0.88. Cincinnati Financial Corporation reported earnings of $0.75 per share during the same quarter last year, which would suggest a positive year over year growth rate of 16%. The business is expected to announce its next quarterly earnings results on Wednesday, February 14th.

On average, analysts expect that Cincinnati Financial Corporation will report full-year earnings of $2.65 per share for the current fiscal year, with EPS estimates ranging from $2.60 to $2.70. For the next year, analysts expect that the business will report earnings of $3.00 per share, with EPS estimates ranging from $2.85 to $3.15. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Cincinnati Financial Corporation.

Cincinnati Financial Corporation (NASDAQ:CINF) last issued its earnings results on Thursday, October 26th. The insurance provider reported $0.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.05. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.42 billion. Cincinnati Financial Corporation had a return on equity of 5.85% and a net margin of 8.93%. Cincinnati Financial Corporation’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 EPS.

Several brokerages recently weighed in on CINF. BidaskClub upgraded Cincinnati Financial Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded Cincinnati Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $70.00 price target on shares of Cincinnati Financial Corporation in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Cincinnati Financial Corporation currently has a consensus rating of “Hold” and an average price target of $79.25.

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Shares of Cincinnati Financial Corporation (NASDAQ:CINF) opened at $72.57 on Friday. Cincinnati Financial Corporation has a 1 year low of $68.11 and a 1 year high of $81.98. The firm has a market capitalization of $11,906.69, a price-to-earnings ratio of 28.35 and a beta of 0.91. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 22nd were issued a $0.50 dividend. The ex-dividend date was Thursday, September 21st. This represents a $2.00 annualized dividend and a dividend yield of 2.76%. Cincinnati Financial Corporation’s dividend payout ratio (DPR) is presently 66.23%.

Hedge funds have recently modified their holdings of the company. Seven Eight Capital LP acquired a new position in shares of Cincinnati Financial Corporation in the 2nd quarter valued at about $101,000. Canada Pension Plan Investment Board lifted its holdings in shares of Cincinnati Financial Corporation by 12,727.3% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,411 shares of the insurance provider’s stock valued at $108,000 after buying an additional 1,400 shares during the period. Korea Investment CORP lifted its holdings in shares of Cincinnati Financial Corporation by 142.0% in the 2nd quarter. Korea Investment CORP now owns 1,452 shares of the insurance provider’s stock valued at $105,000 after buying an additional 852 shares during the period. People s United Financial Inc. raised its holdings in Cincinnati Financial Corporation by 6.5% in the 2nd quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock worth $131,000 after purchasing an additional 110 shares during the period. Finally, San Francisco Sentry Investment Group CA acquired a new position in Cincinnati Financial Corporation in the 2nd quarter worth about $152,000. 62.74% of the stock is owned by institutional investors and hedge funds.

Cincinnati Financial Corporation Company Profile

Cincinnati Financial Corporation is an insurance holding company. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, and Life insurance and Investments. Its Commercial Lines Insurance Segment provides five commercial business lines: commercial casualty, commercial property, commercial auto, workers’ compensation and other commercial lines.

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Earnings History and Estimates for Cincinnati Financial Corporation (NASDAQ:CINF)

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