Profile
Sector:
Financial ServicesIndustry:
Insurance - Property & CasualtyCountry:
United StatesIPO:
17 March 1980Website:
http://www.cinfin.comNext earnings report:
06 February 2025Last dividends:
17 September 2024Next dividends:
19 December 2024Price
after hours | Fri, 22 Nov 2024 23:00:12 GMTAnalysts recommendations
Institutional Ownership
CINF Latest News
Cincinnati Financial Corporation (Nasdaq: CINF) announced on November 15, 2024, that its board of directors has approved a regular quarterly cash dividend of 81 cents per share. This dividend will be paid on January 15, 2025, to shareholders who are on record as of December 19, 2024.
CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) has announced that Thomas J. Aaron has stepped down from his position on the board of directors for Cincinnati Financial Corporation and its related companies.
CINF stock is rising due to an increase in insured exposure, a business model that focuses on agents, steady cash flow, and smart use of capital.
CINF reported strong results for the third quarter, despite facing higher losses from disasters. The underwriting results are now aligned with long-term goals, although rapid growth in personal lines presents a challenge. Additionally, the investment portfolio has improved due to higher interest rates and a rising stock market, increasing its overall value.
Chris MacDonald, a contributor for 24/7 Wall Street, recently talked about dividend stocks that are suitable for investors looking for income.
Cincinnati Financial Corporation (NASDAQ:CINF) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 11:00 AM ET. The call will feature company representatives including Dennis McDaniel, Steve Spray, Mike Sewell, and Steve Soloria. Participants from various financial institutions will also join the call, but all attendees will be in listen-only mode.
The financial results for Cincinnati Financial (CINF) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics to Wall Street predictions and figures from the same period last year.
Cincinnati Financial (CINF) reported quarterly earnings of $1.42 per share, which is lower than the Zacks Consensus Estimate of $1.46 per share. This is a decrease compared to earnings of $1.66 per share from the same period last year.
CINF's third-quarter results are expected to show the effects of rate increases, improved policy retention rates, and higher bond yields, although these may be countered by increased expenses.
Cincinnati Financial (CINF) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
What type of business is Cincinnati Financial?
Cincinnati Financial Corporation is an American insurance company headquartered in Fairfield, Ohio, founded in 1950. The main focus of the company is property insurance against accidents. Commercial insurance includes coverage for commercial risks, commercial property insurance, commercial auto insurance, and other commercial insurance. Personal insurance includes auto insurance, home insurance, and other personal insurance. Business risk insurance includes services such as insurance for business risks, commercial loss insurance, and commercial property insurance. Life insurance includes services such as term life insurance, universal life insurance, and others. Investment activities include investments in the equity capital of other companies, among others.
What sector is Cincinnati Financial in?
Cincinnati Financial is in the Financial Services sector
What industry is Cincinnati Financial in?
Cincinnati Financial is in the Insurance - Property & Casualty industry
What country is Cincinnati Financial from?
Cincinnati Financial is headquartered in United States
When did Cincinnati Financial go public?
Cincinnati Financial initial public offering (IPO) was on 17 March 1980
What is Cincinnati Financial website?
https://www.cinfin.com
Is Cincinnati Financial in the S&P 500?
Yes, Cincinnati Financial is included in the S&P 500 index
Is Cincinnati Financial in the NASDAQ 100?
No, Cincinnati Financial is not included in the NASDAQ 100 index
Is Cincinnati Financial in the Dow Jones?
No, Cincinnati Financial is not included in the Dow Jones index
When was Cincinnati Financial the previous earnings report?
No data
When does Cincinnati Financial earnings report?
The next expected earnings date for Cincinnati Financial is 06 February 2025