Cincinnati Financial Co. (NASDAQ:CINF) – Equities research analysts at Langen Mcalenn issued their Q1 2018 earnings per share estimates for shares of Cincinnati Financial in a research report issued on Wednesday. Langen Mcalenn analyst L. Greenberg anticipates that the insurance provider will post earnings per share of $0.87 for the quarter. Langen Mcalenn has a “Neutral” rating on the stock. Langen Mcalenn also issued estimates for Cincinnati Financial’s Q2 2018 earnings at $0.70 EPS, Q3 2018 earnings at $0.92 EPS and Q4 2018 earnings at $1.02 EPS.
Cincinnati Financial (NASDAQ:CINF) last posted its quarterly earnings results on Wednesday, February 7th. The insurance provider reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.07. Cincinnati Financial had a net margin of 18.23% and a return on equity of 5.99%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the business posted $0.75 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year.
Shares of Cincinnati Financial (NASDAQ CINF) opened at $72.14 on Monday. Cincinnati Financial has a 1-year low of $68.49 and a 1-year high of $81.98. The company has a current ratio of 0.28, a quick ratio of 0.29 and a debt-to-equity ratio of 0.10. The company has a market cap of $11,840.00, a price-to-earnings ratio of 11.45 and a beta of 0.87.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 21st will be issued a dividend of $0.53 per share. This is a positive change from Cincinnati Financial’s previous quarterly dividend of $0.50. This represents a $2.12 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Tuesday, March 20th. Cincinnati Financial’s dividend payout ratio is currently 31.75%.
A number of large investors have recently bought and sold shares of CINF. Sentry Investment Management LLC raised its holdings in Cincinnati Financial by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 10,411 shares of the insurance provider’s stock worth $754,000 after purchasing an additional 96 shares in the last quarter. Thrivent Financial For Lutherans raised its holdings in Cincinnati Financial by 3.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 5,688 shares of the insurance provider’s stock worth $412,000 after purchasing an additional 190 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in Cincinnati Financial by 0.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 68,600 shares of the insurance provider’s stock worth $4,970,000 after purchasing an additional 594 shares in the last quarter. WFG Advisors LP raised its holdings in Cincinnati Financial by 39.4% in the 2nd quarter. WFG Advisors LP now owns 2,542 shares of the insurance provider’s stock worth $184,000 after purchasing an additional 718 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC raised its holdings in Cincinnati Financial by 1.1% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 71,129 shares of the insurance provider’s stock worth $5,447,000 after purchasing an additional 742 shares in the last quarter. Institutional investors own 64.64% 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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