Investing In Cincinnati Financial Corp. (NASDAQ: CINF): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NASDAQ and operates within the Insurance – Property & Casualty industry segment. The current market capitalization of Cincinnati Financial Corp. is $19.66B. A total of 0.89 million shares were traded on the day, compared to an average of 671.29K shares.

In the most recent transaction, Schiff Charles Odell sold 6,000 shares of CINF for 130.44 per share on Jul 31 ’24. After the transaction, the Director now owns 184,555 company shares. In a previous transaction on Apr 29 ’24, Osborn David P bought 2,000 shares at 111.64 per share. CINF shares that Director owns now total 33,919.

Among the insiders who bought shares, Debbink Dirk J acquired of 1,000 shares on Apr 29 ’24 at a per-share price of $113.47. This resulted in the Director holding 53,988 shares of CINF after the transaction. In another insider transaction, Debbink Dirk J bought 2,000 shares at $102.98 per share on Dec 05 ’23. Company shares held by the Director now total 51,542.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cincinnati Financial Corp. pays an annual dividend of $3.12, resulting in a dividend yield of 2.48%, and it has a price to earnings (P/E) ratio of 9.23. CINF’s most recent ex-dividend date was 6/18/2024 when it declared a $0.81 quarterly dividend that was paid in cash on 7/15/2024. Previously, the company paid the dividend on 4/15/2024 with an ex-dividend date of 3/18/2024. The CINF stock dividend was $0.81 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CINF has a high of $132.69 and a low of $96.86.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $81.80, while its Total Shareholder’s Equity was $13.11B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 3.90.

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