Zacks: Brokerages Expect D/B/A Chubb Limited New (CB) to Post $2.40 EPS
Analysts predict that D/B/A Chubb Limited New (NYSE:CB) will report $2.40 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for D/B/A Chubb Limited New’s earnings. The highest EPS estimate is $2.57 and the lowest is $2.26. D/B/A Chubb Limited New reported earnings of $2.72 per share in the same quarter last year, which indicates a negative year over year growth rate of 11.8%. The company is scheduled to announce its next quarterly earnings report on Tuesday, January 30th.
On average, analysts expect that D/B/A Chubb Limited New will report full-year earnings of $7.26 per share for the current fiscal year, with EPS estimates ranging from $7.13 to $7.44. For the next fiscal year, analysts expect that the company will post earnings of $10.61 per share, with EPS estimates ranging from $9.56 to $11.00. Zacks’ EPS calculations are an average based on a survey of research analysts that cover D/B/A Chubb Limited New.
D/B/A Chubb Limited New (NYSE:CB) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.11. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. The firm had revenue of $7.36 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the prior year, the firm earned $2.88 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year.
In related news, insider Paul Bennett Medini sold 5,180 shares of the stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $150.48, for a total transaction of $779,486.40. Following the sale, the insider now owns 91,775 shares of the company’s stock, valued at approximately $13,810,302. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sean Ringsted sold 28,730 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $151.40, for a total value of $4,349,722.00. Following the sale, the executive vice president now directly owns 171,667 shares in the company, valued at approximately $25,990,383.80. The disclosure for this sale can be found here. Insiders have sold a total of 50,584 shares of company stock worth $7,663,990 in the last three months. 0.43% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Garde Capital Inc. purchased a new stake in shares of D/B/A Chubb Limited New in the 3rd quarter valued at about $903,000. Cetera Advisors LLC raised its holdings in shares of D/B/A Chubb Limited New by 23.5% in the 3rd quarter. Cetera Advisors LLC now owns 3,406 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 648 shares in the last quarter. Fieldpoint Private Securities LLC purchased a new stake in shares of D/B/A Chubb Limited New in the 3rd quarter valued at about $1,627,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of D/B/A Chubb Limited New in the 3rd quarter valued at about $239,000. Finally, Dana Investment Advisors Inc. raised its holdings in shares of D/B/A Chubb Limited New by 0.5% in the 3rd quarter. Dana Investment Advisors Inc. now owns 207,395 shares of the financial services provider’s stock valued at $29,564,000 after acquiring an additional 1,035 shares in the last quarter. 88.31% of the stock is currently owned by institutional investors and hedge funds.
D/B/A Chubb Limited New (NYSE:CB) opened at $151.64 on Monday. D/B/A Chubb Limited New has a 1 year low of $127.15 and a 1 year high of $156.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30. The company has a market capitalization of $70,394.63, a price-to-earnings ratio of 20.03, a PEG ratio of 2.09 and a beta of 0.96.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, December 29th will be issued a dividend of $0.71 per share. The ex-dividend date is Thursday, December 28th. This represents a $2.84 dividend on an annualized basis and a yield of 1.87%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 34.05%.
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About D/B/A Chubb Limited New
Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.
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