[PRNewswire] Cincinnati Financial Corporation (NASDAQ:CINF) (TREND ANALYSIS), announced that the company will participate in the P&C Insurance Panel at the 2015 RBC Capital Markets’ Financial Institutions Conference on March 11 from 2 to 2:45 p.m. ET. Michael J. Sewell, CPA, chief financial officer, senior vice president and treasurer, will represent the company.
The event will be carried live over the Internet at cinfin.com/investors. Beginning on March 12, 2015, a replay of the event will be available for 30 days at the Web address above. Slides used during the presentation will be available the morning of March 11, 2015, on the Presentations page of cinfin.com/investors.
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Cincinnati Financial Corporation (NASDAQ:CINF) is currently trading 4.23% below its 52-week-high, 17.56% above its 52-week-low. The 12-months range for the stock is $45.09 – $55.35. Cincinnati Financial Corporation (CINF) has a price to earnings ratio of 16.64 versus Nasdaq average of 17.22. CINF stock price has underperformed the Nasdaq by 2.8%. The Property & Casualty Insurance company is currently valued at $8.68 billion and its share price closed the last trading session at $53.01. The stock has a 50-day moving average of $51.96 and a 200-day moving average of $49.99.
Cincinnati Financial Corporation (CINF) current short interest stands at 2.54 millions shares. It has remained stable from the same period of last month. Around 2% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.38 millions shares, the number of days required to cover the short positions stand at 6.7 days.
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CINF is expected to report earnings per share (EPS) of $2.64 for the current fiscal year, as per consensus of analysts. Cincinnati Financial Corporation (CINF) announced actual earnings per share of $0.89 against the consensus Street estimate of $0.85. This represents a year-on-year decrease of $0.78 compared to the same quarter of the previous year. Cincinnati Financial Corporation posted revenue of $0.11 billion versus estimate of $0.1 billion.
There are currently six analysts that cover CINF stock. Of those six, six have a Hold rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $50.75.
In term of ownership, company insiders had a stable overall company’s shares stock over the last six months while institutions have decreased their positions by 4.09%. As a whole, institutions own 62.3% of the total outstanding shares.
Company profile
Cincinnati Financial Corporation (NASDAQ:CINF) is engaged in the property casualty insurance business in the United States. It operates in five segments: Commercial Lines Property Casualty Insurance; Personal Lines Property Casualty Insurance; Excess and Surplus Lines Property Casualty Insurance; Life Insurance; and Investments. The Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers’ compensation. This segment also offers coverage for property, liability, and business interruption; and contract and commercial surety bonds, fidelity bonds, and director and officer liability insurance, as well as machinery and equipment coverage.
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