Cincinnati Financial Corp. (CINF) Set to Announce Earnings on Thursday
Cincinnati Financial Corp. (NASDAQ:CINF) is scheduled to release its earnings data on Thursday, February 6th. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of Cincinnati Financial Corp. (NASDAQ:CINF) opened at 47.25 on Wednesday. Cincinnati Financial Corp. has a 52-week low of $43.31 and a 52-week high of $53.74. The stock’s 50-day moving average is $50.68 and its 200-day moving average is $49.40. The company has a market cap of $7.741 billion and a P/E ratio of 13.39.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 15th. Stockholders of record on Wednesday, March 19th will be paid a dividend of 0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Monday, March 17th. This is a boost from Cincinnati Financial Corp.’s previous quarterly dividend of $0.42.
On a related note, analysts at Zacks reiterated an “outperform” rating on shares of Cincinnati Financial Corp. in a research note to investors on Tuesday, November 12th. They now have a $61.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $49.29.
Cincinnati Financial Corporation is engaged in property casualty insurance marketed through independent insurance agents in 39 states.
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