Cincinnati Financial Corporation (NASDAQ:CINF)

Cincinnati Financial Corporation CINF

Financial Services - Insurance - Property & Casualty - NASDAQ - US

Watchlist

$ 151.78

1.49 %

$ 23.7 B

Market Cap

7.87

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CINF stock under the base case scenario is HIDDEN Compared to the current market price of 152 USD, Cincinnati Financial Corporation is HIDDEN

CINF Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart CINF

FINANCIALS

Annual
Quarterly

10 B REVENUE

Growth Rates

1Year 52.71%

3Years 9.94%

5Years 13.12%

7Years 9.08%

10Years 8.25%

2.33 B OPERATING INCOME

Growth Rates

1Year 464.06%

3Years 16.10%

5Years 50.28%

7Years 15.21%

10Years 11.74%

1.84 B NET INCOME

Growth Rates

1Year 479.22%

3Years 14.87%

5Years 45.05%

7Years 17.64%

10Years 13.55%

2.05 B OPERATING CASH FLOW

Growth Rates

1Year 0.00%

3Years 11.23%

5Years 11.68%

7Years 9.27%

10Years 9.93%

-1.61 B INVESTING CASH FLOW

Growth Rates

1Year -72.35%

3Years -42.13%

5Years -28.95%

7Years -19.73%

10Years -12.19%

-801 M FINANCING CASH FLOW

Growth Rates

1Year 19.42%

3Years -0.13%

5Years -5.84%

7Years -9.89%

10Years -8.92%

3.32 B REVENUE

Growth Rates

1Year 52.71%

3Years 9.94%

5Years 13.12%

7Years 9.08%

10Years 8.25%

1.05 B OPERATING INCOME

Growth Rates

1Year 464.06%

3Years 16.10%

5Years 50.28%

7Years 15.21%

10Years 11.74%

820 M NET INCOME

Growth Rates

1Year 479.22%

3Years 14.87%

5Years 45.05%

7Years 17.64%

10Years 13.55%

912 M OPERATING CASH FLOW

Growth Rates

1Year 0.00%

3Years 11.23%

5Years 11.68%

7Years 9.27%

10Years 9.93%

251 M INVESTING CASH FLOW

Growth Rates

1Year -72.35%

3Years -42.13%

5Years -28.95%

7Years -19.73%

10Years -12.19%

-182 M FINANCING CASH FLOW

Growth Rates

1Year 19.42%

3Years -0.13%

5Years -5.84%

7Years -9.89%

10Years -8.92%

Balance Sheet Decomposition Cincinnati Financial Corporation

32.8 B ASSETS
20.7 B LIABILITIES

Current Assets	4.76 B
Cash & Short-Term Investments	907 M
Receivables	0
Other Current Assets	3.86 B
Non-Current Assets	1.32 B
Long-Term Investments	24.8 B
PP&E	208 M
Other Non-Current Assets	-23.7 B

Current Liabilities	8.42 B
Accounts Payable	0
Short-Term Debt	25 M
Other Current Liabilities	8.4 B
Non-Current Liabilities	849 M
Long-Term Debt	849 M
Other Non-Current Liabilities	0

EFFICIENCY

Earnings Waterfall Cincinnati Financial Corporation

Revenue	10 B
Cost Of Revenue	25 M
Gross Profit	9.99 B
Operating Expenses	10 B
Operating Income	2.33 B
Other Expenses	487 M
Net Income	1.84 B

RATIOS

99.75% GROSS MARGIN

Averages

1Year 99.75%

3Years 99.73%

5Years 99.73%

7Years 99.73%

10Years 99.74%

23.27% OPERATING MARGIN

Averages

1Year 23.27%

3Years 17.17%

5Years 20.47%

7Years 17.38%

10Years 17.13%

18.41% NET MARGIN

Averages

1Year 18.41%

3Years 13.94%

5Years 16.63%

7Years 15.24%

10Years 14.05%

15.23% ROE

Averages

1Year 15.23%

3Years 11.09%

5Years 12.96%

7Years 11.59%

10Years 10.73%

5.62% ROA

Averages

1Year 5.62%

3Years 4.48%

5Years 5.14%

7Years 4.54%

10Years 4.09%

14.61% ROIC

Averages

1Year 14.61%

3Years 10.58%

5Years 12.14%

7Years 11.02%

10Years 10.20%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Cincinnati Financial Corporation

Net Income	1.84 B
Depreciation & Amortization	112 M
Capital Expenditures	-18 M
Stock-Based Compensation	0
Change in Working Capital	937 M
Others	-126 M
Free Cash Flow	2.03 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Cincinnati Financial Corporation

Wall Street analysts predict an average 1-year price target for CINF of $132 , with forecasts ranging from a low of $126 to a high of $135 .

CINF Lowest Price Target Wall Street Target

126 USD -16.99%

CINF Average Price Target Wall Street Target

132 USD -13.03%

CINF Highest Price Target Wall Street Target

135 USD -11.06%

4. DIVIDEND ANALYSIS

0.58% DIVIDEND YIELD

0.81 USD DIVIDEND PER SHARE

5. COMPETITION

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States.

658 USD

PGR

Undervalued 157.30%

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally.

747 USD

TRV

Undervalued 186.44%

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

825 USD

Undervalued 186.49%

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess.

206 USD

WRB

Undervalued 239.26%

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada.

592 USD

ALL

Undervalued 200.51%

Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments.

-4.12 USD

SIGI

Overvalued 104.16%

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates in three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits.

77.1 USD

HMN

Undervalued 86.65%

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.

15.7 USD

KMPR

Overvalued 77.95%

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments.

32 USD

PRA

Undervalued 89.44%

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments.

188 USD

CNA

Undervalued 283.78%

Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments.

48.4 USD

GBLI

Undervalued 38.25%

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services. The company operates in two segments, Title, and Ancillary Services and Corporate.

105 USD

STC

Undervalued 42.61%

6. Ownership

Insider Ownership Cincinnati Financial Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

783 K USD 1

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

337 K USD 2

6-9 MONTHS

206 K USD 1

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 months ago Jul 31, 2024	Sell 783 K USD	Schiff Charles Odell Director	- 6000	130.4372 USD
6 months ago Apr 29, 2024	Bought 223 K USD	Osborn David P Director	+ 2000	111.6416 USD
6 months ago Apr 29, 2024	Bought 113 K USD	Debbink Dirk J Director	+ 1000	113.47 USD
11 months ago Dec 05, 2023	Bought 206 K USD	Debbink Dirk J Director	+ 2000	102.9798 USD
1 year ago Oct 30, 2023	Bought 98.8 K USD	Debbink Dirk J Director	+ 1000	98.7809 USD
1 year ago Sep 12, 2023	Bought 107 K USD	Benacci Nancy Cunningham Director	+ 1000	106.57 USD
1 year ago Jun 01, 2023	Bought 48.6 K USD	Aaron Thomas J Director	+ 500	97.1678 USD
1 year ago May 25, 2023	Bought 98.4 K USD	Debbink Dirk J Director	+ 1000	98.39 USD
1 year ago May 17, 2023	Sell 2.05 M USD	Schiff Charles Odell Director	- 20000	102.7388 USD
1 year ago Dec 06, 2022	Bought 106 K USD	Debbink Dirk J Director	+ 1000	106.1299 USD
2 years ago Sep 01, 2022	Bought 54.7 K USD	Skidmore Douglas S director:	+ 565	96.76 USD
2 years ago Aug 03, 2022	Bought 99.2 K USD	Aaron Thomas J director:	+ 1030	96.33 USD
2 years ago Jul 29, 2022	Bought 49.3 K USD	Debbink Dirk J director:	+ 510	96.66 USD
2 years ago Jul 29, 2022	Bought 97.7 K USD	Osborn David P director:	+ 1000	97.69 USD
2 years ago May 20, 2022	Bought 49.5 K USD	Debbink Dirk J director:	+ 410	120.667 USD
2 years ago May 12, 2022	Sell 1.54 M USD	Schiff Charles Odell Director	- 12500	123.08 USD
2 years ago Mar 03, 2022	Bought 24.8 K USD	Aaron Thomas J director:	+ 200	123.9817 USD
2 years ago Mar 03, 2022	Bought 49.3 K USD	Debbink Dirk J director:	+ 400	123.28 USD

7. News

Cincinnati Financial Stock Rises 22.9% YTD: More Room for Growth? CINF stock rallies on the back of a higher level of insured exposure, an agent-focused business model, consistent cash flow and effective capital deployment. zacks.com - 5 days ago

Want Reliable Income? These 5 Stocks Have Raised Their Dividend Over the Last 4 Recessions. A study by Harford Funds shows that companies that raise their dividends outperform those that don't, with significantly less volatility. fool.com - 1 week ago

AXS vs. CINF: Which Stock Is the Better Value Option? Investors with an interest in Insurance - Property and Casualty stocks have likely encountered both Axis Capital (AXS) and Cincinnati Financial (CINF). But which of these two stocks is more attractive to value investors? zacks.com - 1 week ago

Cincinnati Financial: Improved Results Are Reflected In Valuation (Rating Downgrade) CINF delivered solid Q3 results, even as catastrophe losses increased. Underwriting results are now in keeping with long-term expectations, though faster personal lines growth is a headwind. Its investment portfolio has benefitted from higher rates and the rise in the equity market, boosting fair value. seekingalpha.com - 2 weeks ago

3 Stocks to Buy From the Schwab U.S. Dividend Equity ETF 24/7 Wall Street contributor Chris MacDonald recently discussed dividend stocks for income-focused investors. 247wallst.com - 2 weeks ago

Cincinnati Financial Corporation (CINF) Q3 2024 Earnings Conference Call Transcript Cincinnati Financial Corporation (NASDAQ:CINF ) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Dennis McDaniel - IRO Steve Spray - President and CEO Mike Sewell - EVP and CFO Steve Soloria - Chief Investment Officer Conference Call Participants Michael Phillips - Oppenheimer Michael Zaremski - BMO Capital Markets Gregory Peters - Raymond James Jing Li - KBW Grace Carter - Bank of America Merrill Lynch Operator Good day and welcome to the Cincinnati Financial Corporation's Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. seekingalpha.com - 3 weeks ago

Cincinnati Financial Q3 Earnings Miss, Revenues Top, Premiums Rise Y/Y CINF's third-quarter results reflect premium growth initiatives, price increases and a higher level of insured exposures, offset by poor underwriting income. zacks.com - 3 weeks ago

Compared to Estimates, Cincinnati Financial (CINF) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Cincinnati Financial (CINF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago

Cincinnati Financial (CINF) Q3 Earnings Lag Estimates Cincinnati Financial (CINF) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.66 per share a year ago. zacks.com - 3 weeks ago

Cincinnati Financial Reports Third-Quarter 2024 Results 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. prnewswire.com - 3 weeks ago

These 13 Stocks Are True Dividend Kings 24/7 Wall Street Insights Dividend Kings are companies with an unbroken track record of dividend increases spanning a minimum of 50 consecutive years. 247wallst.com - 3 weeks ago

Is a Beat in the Cards for Cincinnati Financial in Q3 Earnings? CINF's Q3 results are likely to reflect rate increases, higher policy retention rates and higher bond yields, offset by a higher expense. zacks.com - 3 weeks ago

8. Profile Summary

Cincinnati Financial Corporation CINF

COUNTRY US

INDUSTRY Insurance - Property & Casualty

MARKET CAP $ 23.7 B

Dividend Yield 0.58%

Description 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.

Contact 6200 South Gilmore Road, Fairfield, OH, 45014-5141 https://www.cinfin.com

IPO Date March 17, 1980

Employees 5426

Officers Mr. Stephen Michael Spray President, Chief Executive Officer & Director Betsy E. Ertel C.P.C.U. Vice President of Corporate Communications Mr. Dennis E. McDaniel C.M.A., CPA, C.P.C.U., CFM Vice President & Investor Relations Officer Mr. Steven Anthony Soloria C.F.A., C.P.C.U. Executive Vice President & Chief Investment Officer Mr. Michael James Sewell CPA Chief Financial Officer, Principal Accounting Officer, Executive Vice President & Treasurer Mr. Thomas Christopher Hogan Esq. Executive Vice President, Chief Legal Officer & Company Secretary Mr. Steven Justus Johnston C.F.A., CERA, FCAS, MAAA Executive Chairman Mr. Donald Joseph Doyle Jr., AIM, C.P.C.U. Senior Vice President of The Cincinnati Insurance Company Ms. Teresa Currin Cracas Esq. Chief Risk Officer & Executive Vice President of The Cincinnati Insurance Company Mr. John Scott Kellington Chief Information Officer & Executive Vice President of The Cincinnati Insurance Company

Price Chart CINF

Cincinnati Financial Corporation CINF

Premium Plan

Unlimited Plan