Cincinnati Financial Corp (NASDAQ: CINF) is 1.75% higher on its value in year-to-date trading and has touched a low of $109.93 and a high of $161.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CINF stock was last observed hovering at around $147.68 in the last trading session, with the day’s loss setting it -1.46%.
Currently trading at $146.22, the stock is 2.53% and 4.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.99% at the moment leaves the stock 7.40% off its SMA200. CINF registered 23.68% gain for a year compared to 6-month gain of 7.38%. The firm has a 50-day simple moving average (SMA 50) of $139.8832 and a 200-day simple moving average (SMA200) of $136.14024.
The stock witnessed a 7.18% loss in the last 1 month and extending the period to 3 months gives it a -3.99%, and is 2.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.98% over the week and 2.23% over the month.
Cincinnati Financial Corp (CINF) has around 5624 employees, a market worth around $22.89B and $11.34B in sales. Current P/E ratio is 10.07 and Fwd P/E is 18.14. Profit margin for the company is 20.22%. Distance from 52-week low is 33.01% and -9.60% from its 52-week high. The company has generated returns on investments over the last 12 months (15.53%).
with sales reaching $2.7B over the same period.The EPS is expected to shrink by -30.22% this year, but quarterly earnings will post -1.14% year-over-year. Quarterly sales are estimated to shrink -8.16% in year-over-year returns.
1131.0 institutions hold shares in Cincinnati Financial Corp (CINF), with institutional investors hold 69.96% of the company’s shares. The shares outstanding are 156.40M, and float is at 153.75M with Short Float at 1.66%. Institutions hold 68.86% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.93 million shares valued at $2.24 billion. The investor’s holdings represent 12.0704 of the CINF Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.35 million shares valued at $1.46 billion to account for 7.8775 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.08 million shares representing 5.8084 and valued at over $1.08 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.9196 of the shares totaling 4.56 million with a market value of $538.93 million.
Cincinnati Financial Corp (CINF) Insider Activity
The most recent transaction is an insider purchase by Benacci Nancy Cunningham, the company’s Director. SEC filings show that Benacci Nancy Cunningham bought 1,000 shares of the company’s common stock on Feb 21 ’25 at a price of $136.16 per share for a total of $0.14 million. Following the purchase, the insider now owns 6653.0 shares.
Cincinnati Financial Corp disclosed in a document filed with the SEC on Dec 03 ’24 that Debbink Dirk J (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $157.19 per share for $0.16 million. Following the transaction, the insider now directly holds 54500.0 shares of the CINF stock.
Still, SEC filings show that on Jul 31 ’24, Schiff Charles Odell (Director) disposed off 6,000 shares at an average price of $130.44 for $0.78 million. The insider now directly holds 184,555 shares of Cincinnati Financial Corp (CINF).
