$0.86 EPS Expected for Cincinnati Financial Co. (CINF) This Quarter

Analysts expect Cincinnati Financial Co. (NASDAQ:CINF) to post $0.86 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Cincinnati Financial’s earnings, with the lowest EPS estimate coming in at $0.83 and the highest estimate coming in at $0.88. Cincinnati Financial reported earnings of $0.75 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 14.7%. The company is expected to issue its next earnings results after the market closes on Wednesday, February 7th.

According to Zacks, analysts expect that Cincinnati Financial 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 financial year, analysts expect that the business will post earnings of $3.38 per share, with EPS estimates ranging from $3.25 to $3.50. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Cincinnati Financial.

Several equities research analysts recently issued reports on the stock. BidaskClub upgraded shares of Cincinnati Financial from a “strong sell” rating to a “sell” rating in a report on Friday. Langen Mcalenn restated a “neutral” rating on shares of Cincinnati Financial in a report on Tuesday, January 16th. Finally, Zacks Investment Research cut shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Cincinnati Financial presently has a consensus rating of “Hold” and an average price target of $78.50.

Shares of Cincinnati Financial (NASDAQ:CINF) traded down $0.06 during mid-day trading on Tuesday, reaching $76.53. 230,266 shares of the company traded hands, compared to its average volume of 505,891. Cincinnati Financial has a 52 week low of $68.24 and a 52 week high of $81.98. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $12,717.21, a PE ratio of 25.34 and a beta of 0.93.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Wednesday, March 21st will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Tuesday, March 20th. This is a boost from Cincinnati Financial’s previous quarterly dividend of $0.50. Cincinnati Financial’s dividend payout ratio (DPR) is currently 66.23%.

Institutional investors have recently modified their holdings of the company. Canada Pension Plan Investment Board boosted its stake in shares of Cincinnati Financial by 12,727.3% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,411 shares of the insurance provider’s stock worth $108,000 after acquiring an additional 1,400 shares during the last quarter. People s United Financial Inc. boosted its stake in shares of Cincinnati Financial by 6.5% during the 2nd quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock worth $131,000 after acquiring an additional 110 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new position in shares of Cincinnati Financial during the 2nd quarter worth $152,000. WFG Advisors LP boosted its stake in shares of Cincinnati Financial by 39.4% during the 2nd quarter. WFG Advisors LP now owns 2,542 shares of the insurance provider’s stock worth $184,000 after acquiring an additional 718 shares during the last quarter. Finally, Csenge Advisory Group purchased a new position in shares of Cincinnati Financial during the 3rd quarter worth $206,000. Institutional investors and hedge funds own 64.50% of the company’s stock.

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About Cincinnati Financial

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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