Cincinnati Financial (CINF) Receiving Favorable Media Coverage, Report Shows
Headlines about Cincinnati Financial (NASDAQ:CINF) have trended positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty 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 earned a news sentiment score of 0.32 on Accern’s scale. Accern also assigned headlines about the insurance provider an impact score of 46.1650499458266 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Cincinnati Financial (CINF) Receives Hold Rating from Royal Bank of Canada (americanbankingnews.com)
- Cincinnati Financial Corporation to Host Earnings Call (finance.yahoo.com)
- Cincinnati Financial (CINF) Q4 Earnings Top, Revenues Up Y/Y (finance.yahoo.com)
- Cincinnati Financial (CINF) Announces Earnings Results (americanbankingnews.com)
- Cincinnati Financial Reports Fourth-Quarter and Full-Year 2017 Results (finance.yahoo.com)
CINF has been the topic of several research analyst reports. BidaskClub cut Cincinnati Financial from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 14th. Langen Mcalenn reissued a “neutral” rating on shares of Cincinnati Financial in a research note on Tuesday, January 16th. Zacks Investment Research cut Cincinnati Financial from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. Finally, Royal Bank of Canada reissued a “hold” rating on shares of Cincinnati Financial in a research note on Thursday. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $78.50.
Cincinnati Financial (NASDAQ:CINF) last announced its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. Cincinnati Financial had a return on equity of 6.16% and a net margin of 18.23%. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Cincinnati Financial’s revenue was up 7.5% compared to the same quarter last year. analysts expect that Cincinnati Financial will post 3.38 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 21st will be paid a $0.53 dividend. The ex-dividend date is Tuesday, March 20th. This represents a $2.12 annualized dividend and a yield of 2.94%. This is a boost from Cincinnati Financial’s previous quarterly dividend of $0.50. Cincinnati Financial’s dividend payout ratio is 31.75%.
Cincinnati Financial Company Profile
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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