CINF stock: buy or sell?
August 22nd, 2019
Cincinnati Financial Corporation provides property casualty insurance products in the United States. The company operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments.
Should I buy CINF stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups are elegible for Cincinnati Financial stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cincinnati Financial stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 3 ratings published for CINF stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-1||Royal Bank of Canada||n/a||Sector Perform|
|2019-5-17||Credit Suisse Group||Neutral||Outperform|
|2019-2-27||Credit Suisse Group||Underperform||Neutral|
CINF stock analysis
Cincinnati Financial shares stepped up 0.50% today and topped a new all time high at $111.32.
Cincinnati Financial stepped up 0.50% to $111.03 after marking all time highs today. On Aug/6 CINF price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Cincinnati Financial shares grew 1.21% this week and reached a new all time high at $111.32.
CINF shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early August, CINF climbed unceasignly breaking out to new all time highs. By mid October 2018 CINF price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since early October 2018 when SMA20w and SMA40w crossed up, CINF price gained $35.65 per share (47.29%).
CINF stock price history
CINF IPO was on March 17th, 1980 at $0.39 per share1. Since then, CINF stock surged a 28,369.20%, with a yearly average of 727.40%. If you had invested right after CINF's IPO a $1,000 in CINF stock in 1980, it would worth $283,692.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CINF stock historical price chart
CINF stock reached all-time highs today with a price of $111.32.
CINF stock price target is $107.50Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CINF stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 2 price targets for CINF stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-1||Royal Bank of Canada||Raises Target||n/a||$105.00||-|
|2019-5-17||Credit Suisse Group||Upgrades||$90.00||$110.00||22.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareCincinnati Financial reported phenomenal results for 2018-Q4 on February. Cincinnati Financial skyrocketed Earnings per Share (EPS) by 22.50%, beating analysts estimates of $0.80. Cincinnati Financial posted $0.98.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an awful drop down of -5.67% to $5,407.00 M USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) plummed a -12.92% to 5.31%.
|2013||$4,530 M||-||$517 M11.4%||-|
|2014||$4,945 M||9.16%||$525 M10.6%||1.55%|
|2015||$5,142 M||3.98%||$634 M12.3%||20.76%|
|2016||$5,449 M||5.97%||$591 M10.8%||-6.78%|
|2017||$5,732 M||5.19%||$1,045 M18.2%||76.82%|
|2018||$5,407 M||-5.67%||$287 M5.3%||-72.54%|
Quarterly financial resultsCincinnati Financial reported $710.00 million in revenues for 2018-Q4, a -62.92% decline compared to previous quarter. Reported quarter earnings marked $-452.00 M with a profit margin of -63.66%. Profit margin plunged a -92.54% compared to previous quarter when profit margin was 28.88%. When comparing sales to same quarter last year, Cincinnati Financial sales marked a dreadful correction and collapsed a -49.68%.
|2017-Q2||$1,400 M||-||$100 M7.1%||-|
|2017-Q3||$1,410 M||0.71%||$102 M7.2%||2.00%|
|2017-Q4||$1,411 M||0.07%||$642 M45.5%||529.41%|
|2018-Q1||$1,224 M||-13.25%||$-31 M-2.5%||-104.83%|
|2018-Q2||$1,558 M||27.29%||$217 M13.9%||-800.00%|
|2018-Q3||$1,915 M||22.91%||$553 M28.9%||154.84%|
|2018-Q4||$710 M||-62.92%||$-452 M-63.7%||-181.74%|
|2019-Q1||$2,159 M||204.08%||$695 M32.2%||-253.76%|
Cincinnati Financial ownershipWhen you are planning to buy a company, it's always worth to check its ownership structure.
Cincinnati Financial shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 6.59% of all shares.
In case of Cincinnati Financial stock, 65.36% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CINF stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Cincinnati Financial:
|Market cap||$18.1 B||$9.0 B||$10.2 B||$307.7 M||$6.9 B|
|Total shares||163.2 M||88.9 M||46.2 M||18.1 M||303.0 M|
|Float shares||159.3 M||72.1 M||24.6 M||13.0 M||281.5 M|
|- Institutional holdings (%)||65.4%||67.1%||31.9%||83.9%||78.5%|
|- Insider holdings (%)||6.6%||17.6%||46.6%||7.0%||6.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$109.84 - $111.32|
|Average true range||$2.32|
|50d mov avg||$106.76|
|100d mov avg||$100.24|
|200d mov avg||$90.23|
Cincinnati Financial performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For Cincinnati Financial, the comparison is made against American Financial, Erie Indemnity, Hallmark Financial Services, Old Republic International, Selective Insurance, The Travelers Companies and United Fire.
|ORIOld Republic Inte...||1.97%||9.83%||5.95%|
|TRVThe Travelers Com...||0.43%||14.07%||15.90%|