CINF Stock Summary and Trading Ideas (Cincinnati Financial | NASDAQ:CINF)

Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, and Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.

Cincinnati Financial trades on the NASDAQ stock market under the symbol CINF.

As of April 19, 2024, CINF stock price climbed to $119.95 with 652,258 million shares trading.

CINF has a beta of 0.46, meaning it tends to be less sensitive to market movements. CINF has a correlation of 0.08 to the broad based SPY ETF.

CINF has a market cap of $18.79 billion. This is considered a Large Cap stock.

Last quarter Cincinnati Financial reported $2 billion in Revenue and $2.28 earnings per share. This fell short of revenue expectation by $-157 million and exceeded earnings estimates by $.36.

In the last 3 years, CINF stock traded as high as $143.22 and as low as $88.66.

The top ETF exchange traded funds that CINF belongs to (by Net Assets): VTI, VOO, VO, SCHD, SDY.

CINF stock has underperformed the market in the last year with a return of +13.6%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CINF shares. However, CINF has outperformed the market in the last 3 month and 2 week periods, returning +8.5% and -1.3%, while SPY returned +3.0% and -4.5%, respectively. This indicates CINF has been having a stronger performance recently.

CINF support price is $115.91 and resistance is $119.13 (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 CINF stock will trade within this expected range on the day.