Separately, analysts at Zacks Investment Research downgraded shares of Cincinnati Financial from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, August 2nd. Also, analysts at Keefe, Bruyette & Woods, Inc initiated coverage on shares of Cincinnati Financial in a research note to investors on Tuesday, May 24th. They set a “market perform” rating on the stock. read Zacks Investment Research
Cincinnati Financial last announced its quarterly results on Wednesday, July 27th. The company reported ($0.30) earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of ($0.59) EPS by $0.29. The company’s quarterly revenue was up 11.0% on a year-over-year basis. On average, analysts predict that Cincinnati Financial will post $0.45 EPS next quarter.
Shares of Cincinnati Financial traded down 0.13% during mid-day trading on Thursday, hitting $27.13. Cincinnati Financial has a 52 week low of $23.65 and a 52 week high of $34.33. The stock’s 50-day moving average is $26.65 and its 200-day moving average is $29.79. The company has a market cap of $4.426 billion and a price-to-earnings ratio of 15.02.
about Cincinnati Financial Corporation
Cincinnati Financial Corporation is engaged in property casualty insurance marketed through independent insurance agents in 37 states. The Company operates in four segments: Commercial lines property casualty insurance, Personal lines property casualty insurance, Life insurance and Investments. During the year ended December 31, 2009, the Company owned 100% of three subsidiaries: The Cincinnati Insurance Company, CSU Producer Resources Inc. and CFC Investment Company. Its standard market property casualty insurance group includes two subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business, homeowner and auto policies. In February 2009, the Company sold its entire holding in Fifth Third Bancorp. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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