Media coverage about Cincinnati Financial Corporation (NASDAQ:CINF) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cincinnati Financial Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 47.6912679667775 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern’s scoring:
- Financial Contrast: Cincinnati Financial Corporation (CINF) vs. Kinsale Capital Group (KNSL) (americanbankingnews.com)
- Q3 2017 EPS Estimates for Cincinnati Financial Corporation Cut by Analyst (CINF) (americanbankingnews.com)
- Cincinnati Financial Corp. Says Q3 Cat Losses Could Rise to $114M (insurancejournal.com)
- Cincinnati Financial (CINF) Announces Preliminary Estimate for Q3 Storm Losses (streetinsider.com)
- BRIEF-Cincinnati Financial announces preliminary estimate for Q3 storm losses (businessinsider.com)
Cincinnati Financial Corporation (NASDAQ:CINF) opened at 76.42 on Tuesday. The company has a market cap of $12.53 billion, a PE ratio of 21.90 and a beta of 0.90. Cincinnati Financial Corporation has a 52 week low of $68.11 and a 52 week high of $81.98. The company has a 50-day moving average of $76.35 and a 200-day moving average of $73.72.
Cincinnati Financial Corporation (NASDAQ:CINF) last posted its earnings results on Wednesday, August 2nd. The insurance provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.18. Cincinnati Financial Corporation had a return on equity of 6.57% and a net margin of 10.33%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the firm earned $0.57 earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, equities analysts expect that Cincinnati Financial Corporation will post $2.72 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 22nd were paid a $0.50 dividend. The ex-dividend date was Thursday, September 21st. This represents a $2.00 annualized dividend and a yield of 2.62%. Cincinnati Financial Corporation’s dividend payout ratio (DPR) is presently 57.31%.
CINF has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Cincinnati Financial Corporation from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a report on Tuesday, September 12th. Keefe, Bruyette & Woods restated a “hold” rating and set a $70.00 target price on shares of Cincinnati Financial Corporation in a report on Friday, August 18th. Finally, BidaskClub upgraded shares of Cincinnati Financial Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Cincinnati Financial Corporation has a consensus rating of “Hold” and a consensus target price of $79.25.
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About Cincinnati Financial Corporation
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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