Value Investing Philosophy And Cincinnati Financial Corp. (NASDAQ: CINF)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

CINF belongs to the Financial sector of the NASDAQ while operating in the Insurance – Property & Casualty industry. At the end of the last regular session, the stock closed at $111.77 and fluctuated between $112.30 as its day high and $111.00 as its day low. The current market capitalization of Cincinnati Financial Corp. is $17.54B. A total of 0.66 million shares were traded on the day, compared to an average of 623.22K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CINF has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 936 and the disposition of 2,074 shares. Over the last 12 months, there were 64 BUYs and 57 SELLs from insiders. Insiders purchased 85,917 shares during that period but sold 63,085.

In the most recent transaction, Debbink Dirk J bought 2,000 shares of CINF for 102.98 per share on Dec 05. After the transaction, the Director now owns 51,542 company shares. In a previous transaction on Oct 30, Debbink Dirk J bought 1,000 shares at 98.78 per share. CINF shares that Director owns now total 49,542.

Among the insiders who bought shares, Benacci Nancy Cunningham acquired of 1,000 shares on Sep 12 at a per-share price of $106.57. This resulted in the Director holding 3,702 shares of CINF after the transaction. In another insider transaction, Aaron Thomas J bought 500 shares at $97.17 per share on Jun 01. Company shares held by the Director now total 6,240.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Cincinnati Financial Corp. pays an annual dividend of $3.00, resulting in a dividend yield of 2.68%, and it has a price to earnings (P/E) ratio of 10.57. CINF’s most recent ex-dividend date was 3/18/2024 when it declared a $0.81 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/16/2024 with an ex-dividend date of 12/18/2023. The CINF stock dividend was $0.75 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CINF in the last 3 months, the mean price target is $119.86 with high estimates of $130.00 and low estimates of $110.00. In terms of 52-week highs and lows, CINF has a high of $130.66 and a low of $95.01.

As of this writing, CINF has an earnings estimate of $1.95 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $2.1 per share and a lower estimate of $1.78. The company reported an EPS of $1.21 in the last quarter, which was 63.50% higher than expectations of $0.74.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CINF’s latest balance sheet shows that the firm has $14.16B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $67.71, while its Total Shareholder’s Equity was $13.11B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CINF is Buy with a score of 3.56.

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