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.

CB has been the topic of a number of recent research reports. Zacks Investment Research cut D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $155.00 price target on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 29th. Wells Fargo & Company reaffirmed a “buy” rating and set a $164.00 price target on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. J P Morgan Chase & Co raised D/B/A Chubb Limited New from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 8th. Finally, Citigroup upped their price target on D/B/A Chubb Limited New from $167.00 to $173.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $160.09.

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%.

COPYRIGHT VIOLATION WARNING: “Zacks: Brokerages Expect D/B/A Chubb Limited New (CB) to Post $2.40 EPS” was reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/12/04/zacks-brokerages-expect-dba-chubb-limited-new-cb-to-post-2-40-eps.html.

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.

Get a free copy of the Zacks research report on D/B/A Chubb Limited New (CB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for D/B/A Chubb Limited New (NYSE:CB)

Receive News & Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related companies with MarketBeat.com's FREE daily email newsletter.