News stories about Cincinnati Financial (NASDAQ:CINF) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cincinnati Financial earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.0842241822873 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- First Week of CINF August 17th Options Trading (nasdaq.com)
- Did Cincinnati Financial Corporation (NASDAQ:CINF) Create Value For Shareholders? (finance.yahoo.com)
- Dividend Stock Analysis: Cincinnati Financial Corporation (seekingalpha.com)
- Get An Even Better Deal On CINF Than Director Debbink Did (nasdaq.com)
CINF has been the topic of several recent analyst reports. BidaskClub upgraded shares of Cincinnati Financial from a “hold” rating to a “buy” rating in a report on Friday, March 30th. Zacks Investment Research lowered shares of Cincinnati Financial from a “hold” rating to a “sell” rating in a report on Wednesday, April 11th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $76.00.
NASDAQ CINF opened at $68.22 on Tuesday. Cincinnati Financial has a one year low of $67.59 and a one year high of $81.98. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $11.22 billion, a P/E ratio of 23.81 and a beta of 0.85.
Cincinnati Financial (NASDAQ:CINF) last posted its quarterly earnings results on Wednesday, April 25th. The insurance provider reported $0.72 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by ($0.08). Cincinnati Financial had a net margin of 14.96% and a return on equity of 6.14%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the business posted $0.59 EPS. The company’s quarterly revenue was down 19.6% on a year-over-year basis. equities research analysts predict that Cincinnati Financial will post 2.95 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Investors of record on Wednesday, June 20th will be issued a $0.53 dividend. The ex-dividend date is Tuesday, June 19th. This represents a $2.12 annualized dividend and a yield of 3.11%. Cincinnati Financial’s payout ratio is 77.37%.
In other Cincinnati Financial news, Director David P. Osborn purchased 370 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The shares were purchased at an average price of $70.16 per share, for a total transaction of $25,959.20. Following the completion of the acquisition, the director now owns 23,591 shares of the company’s stock, valued at approximately $1,655,144.56. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 7.07% of the company’s stock.
About Cincinnati Financial
Cincinnati Financial Corporation provides property casualty insurance products in the United States. The company operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation.
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