CINF Stock - Cincinnati Financial Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $11.34B | $10.01B | $6.56B | $9.63B | $7.54B |
| Gross Profit | $5.60B | $4.74B | $1.54B | $5.72B | $3.40B |
| Gross Margin | 49.4% | 47.3% | 23.5% | 59.4% | 45.1% |
| Operating Income | $2.86B | $2.28B | $-694,000,000 | $3.70B | $1.50B |
| Net Income | $2.29B | $1.84B | $-487,000,000 | $2.97B | $1.22B |
| Net Margin | 20.2% | 18.4% | -7.4% | 30.8% | 16.1% |
| EPS | $14.65 | $11.74 | $-3.06 | $18.30 | $7.54 |
Cincinnati Financial Corporation, together with its subsidiaries, 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. 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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 28th 2024 | Citigroup | Upgrade | Buy | $135← $126 |
| March 25th 2024 | BMO Capital Markets | Upgrade | Outperform | $135← $125 |
| December 14th 2023 | Janney | Initiation | Neutral | - |
| November 22nd 2023 | Citigroup | Initiation | Neutral | $110 |
| November 16th 2023 | Oppenheimer | Initiation | Perform | - |
| July 11th 2023 | Keefe Bruyette | Upgrade | Outperform | - |
| May 18th 2023 | BofA Securities | Upgrade | Buy | $117← $113 |
| January 20th 2023 | BMO Capital Markets | Initiation | Market Perform | $106 |
| September 27th 2022 | BofA Securities | Initiation | Neutral | $92 |
| September 23rd 2022 | Raymond James | Initiation | Market Perform | - |
Earnings History & Surprises
CINFEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 9, 2026 | $2.69 | — | — | — |
Q4 2025 | Oct 27, 2025 | $2.14 | $2.85 | +33.2% | ✓ BEAT |
Q3 2025 | Jul 28, 2025 | $1.41 | $1.97 | +39.7% | ✓ BEAT |
Q2 2025 | Apr 28, 2025 | $-0.62 | $-0.24 | +61.3% | ✓ BEAT |
Q1 2025 | Feb 10, 2025 | $1.90 | $3.14 | +65.3% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.46 | $1.42 | -2.7% | ✗ MISS |
Q3 2024 | Jul 25, 2024 | $0.96 | $1.29 | +34.2% | ✓ BEAT |
Q2 2024 | Apr 25, 2024 | $1.69 | $1.72 | +1.8% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $1.93 | $2.28 | +18.1% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $1.07 | $1.66 | +55.1% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $0.72 | $1.21 | +68.1% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $0.68 | $0.89 | +30.9% | ✓ BEAT |
Q1 2023 | Feb 6, 2023 | $1.28 | $1.27 | -0.8% | ✗ MISS |
Q4 2022 | Oct 31, 2022 | $0.71 | $0.73 | +2.8% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $1.05 | $0.65 | -38.1% | ✗ MISS |
Q2 2022 | Apr 28, 2022 | $1.48 | $1.58 | +6.8% | ✓ BEAT |
Q1 2022 | Feb 15, 2022 | $1.50 | $1.97 | +31.3% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.15 | $1.28 | +11.3% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.99 | $1.79 | +80.8% | ✓ BEAT |
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