CB Stock Summary and Trading Ideas (Chubb Limited | NYSE:CB)

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Chubb Limited trades on the NYSE stock market under the symbol CB.

As of April 18, 2024, CB stock price climbed to $245.39 with 1,407,209 million shares trading.

CB has a beta of 0.45, meaning it tends to be less sensitive to market movements. CB has a correlation of 0.12 to the broad based SPY ETF.

CB has a market cap of $99.57 billion. This is considered a Large Cap stock.

Last quarter Chubb Limited reported $10 billion in Revenue and $5.54 earnings per share. This beat revenue expectation by $216 million and exceeded earnings estimates by $.42.

In the last 3 years, CB stock traded as high as $260.59 and as low as $155.78.

The top ETF exchange traded funds that CB belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

CB has outperformed the market in the last year with a return of +23.4%, while the SPY ETF gained +22.2%. In the last 3 month period, CB beat the market returning +7.1%, while SPY returned +5.2%. However, in the most recent 2 weeks CB has underperformed the stock market by returning -2.7%, while SPY returned -2.6%.

CB support price is $241.27 and resistance is $245.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CB stock will trade within this expected range on the day.