Cincinnati Financial Corporation, together with its subsidiary, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products, as well as markets deferred and immediate annuities. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.
IPO Year:
Exchange: NASDAQ
Website: cinfin.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2024 | $126.00 → $135.00 | Neutral → Buy | Citigroup |
| 3/25/2024 | $125.00 → $135.00 | Market Perform → Outperform | BMO Capital Markets |
| 12/14/2023 | Neutral | Janney | |
| 11/22/2023 | $110.00 | Neutral | Citigroup |
| 11/16/2023 | Perform | Oppenheimer | |
| 7/11/2023 | Mkt Perform → Outperform | Keefe Bruyette | |
| 5/18/2023 | $113.00 → $117.00 | Neutral → Buy | BofA Securities |
| 1/20/2023 | $106.00 | Market Perform | BMO Capital Markets |
| 9/27/2022 | $92.00 | Neutral | BofA Securities |
| 9/23/2022 | Mkt Perform | Raymond James |
CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at today's regular meeting, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable January 15, 2025, to shareholders of record as of December 19, 2024. Stephen M. Spray, president and chief executive officer, commented, "Our recent results demonstrate our success in continuing to execute on our proven strategy to grow the company's insurance business profitably. This dividend announcement reflects the board's confidence in our stability, financial strength and excellent agency relationships and in their belief in the ongoing delivery
CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced that Thomas J. Aaron has resigned from the board of directors of Cincinnati Financial Corporation and boards of affiliated companies. At the same time, the board reduced its size to 13 members. Mr. Aaron's resignation is not the result of a disagreement with any of the companies on any matter relating to their operations, policies or practices. A director since 2019, Mr. Aaron has served as a member of the audit and compensation committees. He also served as a director of the company's U.S. insurance subsidiaries. His contributions included using his experience to provide financial expert
CINCINNATI, Oct. 24, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: Third-quarter 2024 net income of $820 million, or $5.20 per share, compared with a net loss of $99 million, or $0.63 per share, in the third quarter of 2023, after recognizing a $645 million third-quarter 2024 after-tax increase in the fair value of equity securities still held.Third-quarter 2024 non-GAAP operating income* of $224 million, or $1.42 per share, compared with $261 million, or $1.66 per share, in the third quarter of last year. The decrease of $37 million, or 14%, was primarily due to an $86 million increase in after-tax catastrophe losses.$919 million increase in third-quart
CINCINNATI, Oct. 8, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) plans to release its third-quarter 2024 results on Thursday, October 24, 2024, after the close of regular trading on the Nasdaq Stock Market. The company will hold a conference call to discuss third-quarter 2024 results on Friday, October 25, at 11 a.m. ET. To access the call webcast, please visit investors.cinfin.com. A replay will be available approximately two hours after the event's completion. About Cincinnati Financial Corporation: Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty
CINCINNATI, Aug. 23, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at today's regular meeting, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable October 15, 2024, to shareholders of record as of September 17, 2024. Stephen M. Spray, president and chief executive officer, commented, "The payment of this dividend in October will complete 64 years of increasing annual cash dividends, an achievement that we believe only seven other public companies in the U.S. can claim. The confidence we have in our capital strength and in our ability to achieve industry-leading operating performance through our in
CINCINNATI, July 25, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: Second-quarter 2024 net income of $312 million, or $1.98 per share, compared with $534 million, or $3.38 per share, in the second quarter of 2023, after recognizing a $112 million second-quarter 2024 after-tax increase in the fair value of equity securities still held.$13 million or 7% increase in non-GAAP operating income* to $204 million, or $1.29 per share, compared with $191 million, or $1.21 per share, in the second quarter of last year.$222 million decrease in second-quarter 2024 net income, compared with second-quarter 2023, primarily due to the after-tax net effect of a $235 milli
CINCINNATI, July 9, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) plans to release its second-quarter 2024 results on Thursday, July 25, 2024, after the close of regular trading on the Nasdaq Stock Market. The company will hold a conference call to discuss second-quarter 2024 results on Friday, July 26, at 11 a.m. ET. To access the call webcast, please visit www.cinfin.com/investors. A replay will be available approximately two hours after the event's completion. About Cincinnati Financial Corporation:Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty
CINCINNATI, Ohio, May 6, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at its regular meeting on May 4, 2024, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable July 15, 2024, to shareholders of record as of June 18, 2024. Stephen M. Spray, president and chief executive officer, commented, "We keep a long-term view when managing our business and creating value for shareholders of Cincinnati Financial. The board of directors expressed confidence in our ability to continue profitably growing our insurance business while still returning capital to shareholders, primarily through dividends. The divid
CINCINNATI, May 6, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced that based on preliminary voting results at the company's annual meeting on May 4, 2024, shareholders elected all directors for one-year terms to the 14-member board. Shareholders also approved the nonbinding resolution to approve the compensation for the company's named executive officers, approved the Cincinnati Financial Corporation 2024 Stock Compensation Plan and ratified the selection of Deloitte & Touche LLP as independent registered public accounting firm for 2024. The board of directors elected officers at its regularly scheduled meeting following the annual meeting, including the
CINCINNATI, April 25, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: First-quarter 2024 net income of $755 million, or $4.78 per share, compared with $225 million, or $1.42 per share, in the first quarter of 2023, after recognizing a $484 million first-quarter 2024 after-tax increase in the fair value of equity securities still held.$131 million or 93% increase in non-GAAP operating income* to $272 million, or $1.72 per share, compared with $141 million, or $0.89 per share, in the first quarter of last year.$530 million increase in first-quarter 2024 net income, compared with first-quarter 2023, primarily due to the after-tax net effect of a $399 million
S-8 - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
13F-HR - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
10-Q - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
N-PX - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
8-K - CINCINNATI FINANCIAL CORP (0000020286) (Filer)
CINCINNATI, Jan. 26, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that as of the May 4, 2024, Annual Meeting of Shareholders, President Stephen M. Spray will assume the title of chief executive officer of the company and all U.S. subsidiaries, completing the executive leadership transition that began when Mr. Spray was named president of the company in 2022. Steven J. Johnston will remain as executive chairman of the company and its U.S. subsidiaries. He'll continue to lead the board and support Mr. Spray by maintaining effective relationships with insurance agencies, investors, shareholders and other industry and business organizations. Johnston will also wo
Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announces the appointment of Nancy Benacci to its Board of Directors, effective May 1, 2023. Ms. Benacci served as head of equity research from 2004 until her retirement in 2019 from KeyBanc Capital Markets, a subsidiary of KeyCorp, one of the nation's largest bank-based financial services companies. She directed a sell-side equity research group of more than 100 individuals covering 600 public companies in a variety of industries. Earlier in her career, she provided research coverage on companies in the property casualty and life insurance sectors for over a decade. She started her investment career with National City
CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at today's regular meeting, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable January 15, 2025, to shareholders of record as of December 19, 2024. Stephen M. Spray, president and chief executive officer, commented, "Our recent results demonstrate our success in continuing to execute on our proven strategy to grow the company's insurance business profitably. This dividend announcement reflects the board's confidence in our stability, financial strength and excellent agency relationships and in their belief in the ongoing delivery
CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced that Thomas J. Aaron has resigned from the board of directors of Cincinnati Financial Corporation and boards of affiliated companies. At the same time, the board reduced its size to 13 members. Mr. Aaron's resignation is not the result of a disagreement with any of the companies on any matter relating to their operations, policies or practices. A director since 2019, Mr. Aaron has served as a member of the audit and compensation committees. He also served as a director of the company's U.S. insurance subsidiaries. His contributions included using his experience to provide financial expert
CINCINNATI, Oct. 24, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: Third-quarter 2024 net income of $820 million, or $5.20 per share, compared with a net loss of $99 million, or $0.63 per share, in the third quarter of 2023, after recognizing a $645 million third-quarter 2024 after-tax increase in the fair value of equity securities still held.Third-quarter 2024 non-GAAP operating income* of $224 million, or $1.42 per share, compared with $261 million, or $1.66 per share, in the third quarter of last year. The decrease of $37 million, or 14%, was primarily due to an $86 million increase in after-tax catastrophe losses.$919 million increase in third-quart
CINCINNATI, Oct. 8, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) plans to release its third-quarter 2024 results on Thursday, October 24, 2024, after the close of regular trading on the Nasdaq Stock Market. The company will hold a conference call to discuss third-quarter 2024 results on Friday, October 25, at 11 a.m. ET. To access the call webcast, please visit investors.cinfin.com. A replay will be available approximately two hours after the event's completion. About Cincinnati Financial Corporation: Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty
CINCINNATI, Aug. 23, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at today's regular meeting, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable October 15, 2024, to shareholders of record as of September 17, 2024. Stephen M. Spray, president and chief executive officer, commented, "The payment of this dividend in October will complete 64 years of increasing annual cash dividends, an achievement that we believe only seven other public companies in the U.S. can claim. The confidence we have in our capital strength and in our ability to achieve industry-leading operating performance through our in
CINCINNATI, July 25, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: Second-quarter 2024 net income of $312 million, or $1.98 per share, compared with $534 million, or $3.38 per share, in the second quarter of 2023, after recognizing a $112 million second-quarter 2024 after-tax increase in the fair value of equity securities still held.$13 million or 7% increase in non-GAAP operating income* to $204 million, or $1.29 per share, compared with $191 million, or $1.21 per share, in the second quarter of last year.$222 million decrease in second-quarter 2024 net income, compared with second-quarter 2023, primarily due to the after-tax net effect of a $235 milli
CINCINNATI, July 9, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) plans to release its second-quarter 2024 results on Thursday, July 25, 2024, after the close of regular trading on the Nasdaq Stock Market. The company will hold a conference call to discuss second-quarter 2024 results on Friday, July 26, at 11 a.m. ET. To access the call webcast, please visit www.cinfin.com/investors. A replay will be available approximately two hours after the event's completion. About Cincinnati Financial Corporation:Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty
CINCINNATI, Ohio, May 6, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) announced that at its regular meeting on May 4, 2024, the board of directors declared an 81-cents-per-share regular quarterly cash dividend. The dividend is payable July 15, 2024, to shareholders of record as of June 18, 2024. Stephen M. Spray, president and chief executive officer, commented, "We keep a long-term view when managing our business and creating value for shareholders of Cincinnati Financial. The board of directors expressed confidence in our ability to continue profitably growing our insurance business while still returning capital to shareholders, primarily through dividends. The divid
CINCINNATI, May 6, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced that based on preliminary voting results at the company's annual meeting on May 4, 2024, shareholders elected all directors for one-year terms to the 14-member board. Shareholders also approved the nonbinding resolution to approve the compensation for the company's named executive officers, approved the Cincinnati Financial Corporation 2024 Stock Compensation Plan and ratified the selection of Deloitte & Touche LLP as independent registered public accounting firm for 2024. The board of directors elected officers at its regularly scheduled meeting following the annual meeting, including the
CINCINNATI, April 25, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today reported: First-quarter 2024 net income of $755 million, or $4.78 per share, compared with $225 million, or $1.42 per share, in the first quarter of 2023, after recognizing a $484 million first-quarter 2024 after-tax increase in the fair value of equity securities still held.$131 million or 93% increase in non-GAAP operating income* to $272 million, or $1.72 per share, compared with $141 million, or $0.89 per share, in the first quarter of last year.$530 million increase in first-quarter 2024 net income, compared with first-quarter 2023, primarily due to the after-tax net effect of a $399 million
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
4 - CINCINNATI FINANCIAL CORP (0000020286) (Issuer)
Citigroup upgraded Cincinnati Fincl from Neutral to Buy and set a new price target of $135.00 from $126.00 previously
BMO Capital Markets upgraded Cincinnati Fincl from Market Perform to Outperform and set a new price target of $135.00 from $125.00 previously
Janney initiated coverage of Cincinnati Fincl with a rating of Neutral
Citigroup initiated coverage of Cincinnati Fincl with a rating of Neutral and set a new price target of $110.00
Oppenheimer initiated coverage of Cincinnati Fincl with a rating of Perform
Keefe Bruyette upgraded Cincinnati Fincl from Mkt Perform to Outperform
BofA Securities upgraded Cincinnati Fincl from Neutral to Buy and set a new price target of $117.00 from $113.00 previously
BMO Capital Markets initiated coverage of Cincinnati Fincl with a rating of Market Perform and set a new price target of $106.00
BofA Securities initiated coverage of Cincinnati Fincl with a rating of Neutral and set a new price target of $92.00
Raymond James initiated coverage of Cincinnati Fincl with a rating of Mkt Perform
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G/A - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
SC 13G - CINCINNATI FINANCIAL CORP (0000020286) (Subject)
B of A Securities analyst Grace Carter maintains Cincinnati Financial (NASDAQ:CINF) with a Buy and raises the price target from $143 to $156.
Analysts' ratings for Cincinnati Financial (NASDAQ:CINF) over the last quarter vary from bullish to bearish, as provided by 4 analysts. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $130.0, a high estimate of $143.00, and a low estimate of $116.00. This upward trend is apparent, with th
Citigroup analyst Michael Ward upgrades Cincinnati Financial (NASDAQ:CINF) from Neutral to Buy and announces the price target from $126 to $135.
Cincinnati Financial (NASDAQ:CINF) reported quarterly earnings of $1.72 per share which beat the analyst consensus estimate of $1.69 by 1.78 percent. The company reported quarterly sales of $2.94 billion which beat the analyst consensus estimate of $2.48 billion by 18.46 percent. This is a 37.47 percent increase over sales of $2.13 billion the same period last year.
Ratings for Cincinnati Financial (NASDAQ:CINF) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 2 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $130.0, a high estimate of $143.00, and a low estimate of $116.00. This current average reflects an increase of
Citigroup analyst Charlie Lederer maintains Cincinnati Financial (NASDAQ:CINF) with a Neutral and raises the price target from $120 to $126.
Keefe, Bruyette & Woods analyst Meyer Shields maintains Cincinnati Financial (NASDAQ:CINF) with a Outperform and raises the price target from $136 to $143.
Piper Sandler analyst Paul Newsome maintains Cincinnati Financial (NASDAQ:CINF) with a Neutral and maintains $116 price target.