Cincinnati Financial Stock Jumps 9% As Session Comes To An End On Tuesday, Outperforms Market

(VIANEWS) – Shares of Cincinnati Financial (NASDAQ: CINF) jumped 9.78% to $126.56 at 15:16 EST on Tuesday, following the last session’s upward trend. NASDAQ is rising 0.59% to $11,957.55, after two successive sessions in a row of losses. This seems, as yet, a somewhat up trend exchanging session today.

Cincinnati Financial’s last close was $115.28, 19.51% below its 52-week high of $143.22.

About Cincinnati Financial

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.

Earnings Per Share

As for profitability, Cincinnati Financial has a trailing twelve months EPS of $18.85.

PE Ratio

Cincinnati Financial has a trailing twelve months price to earnings ratio of 6.71. Meaning,
the purchaser of the share is investing $6.71 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.27%.

More news about Cincinnati Financial (CINF).

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