(CINF) Cincinnati Financial - Overview
Stock: Property, Casualty, Life, Bonds, Annuities
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.27% |
| Yield on Cost 5y | 4.51% |
| Yield CAGR 5y | 8.40% |
| Payout Consistency | 96.6% |
| Payout Ratio | 76.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.2% |
| Relative Tail Risk | -0.16% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.77 |
| Alpha | 7.65 |
| Character TTM | |
|---|---|
| Beta | 0.640 |
| Beta Downside | 0.694 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.08% |
| CAGR/Max DD | 0.63 |
Description: CINF Cincinnati Financial December 17, 2025
Cincinnati Financial Corp. (NASDAQ:CINF) is a U.S.-based property-casualty insurer that operates through five distinct segments: Commercial Lines (covering commercial property, casualty, auto, workers’ comp, bonds and liability products), Personal Lines (auto, homeowners, umbrella, inland marine and watercraft), Excess & Surplus Lines (high-limit commercial liability and property coverages), Life Insurance (term, universal, whole life, worksite policies and annuities), and Investments (fixed-income, preferred equity and common equity holdings). The firm also provides commercial leasing, financing, and brokerage services from its headquarters in Fairfield, Ohio.
Key performance indicators as of the most recent quarter show a combined ratio of 93.7%-well below the industry average of ~96%-indicating disciplined underwriting. Return on equity (ROE) sits near 12.5%, and the company pays a dividend yield of roughly 2.8%, supported by a strong balance sheet with a book-value-per-share of $84. Recent earnings were buoyed by higher commercial auto premiums and a modest rebound in investment income as the Federal Reserve’s rate hikes lifted bond yields. Primary economic drivers include U.S. inflation-linked construction costs (which raise commercial property exposure), the frequency of severe weather events in the Midwest, and the prevailing low-interest-rate environment that pressures insurers’ investment portfolios.
For a deeper quantitative dive-including scenario-based loss-ratio forecasts and peer-adjusted valuation multiples-check out the detailed analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 2.12b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.00 > 1.0 |
| NWC/Revenue: 4.98% < 20% (prev -62.19%; Δ 67.17% < -1%) |
| CFO/TA 0.07 > 3% & CFO 2.81b > Net Income 2.12b |
| Net Debt (-577.0m) to EBITDA (2.81b): -0.21 < 3 |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.8m) vs 12m ago 0.06% < -2% |
| Gross Margin: 46.20% > 18% (prev 0.54%; Δ 4566 % > 0.5%) |
| Asset Turnover: 31.14% > 50% (prev 32.84%; Δ -1.70% > 0%) |
| Interest Coverage Ratio: 50.42 > 6 (EBITDA TTM 2.81b / Interest Expense TTM 53.0m) |
Altman Z'' 2.55
| A: 0.01 (Total Current Assets 1.46b - Total Current Liabilities 858.0m) / Total Assets 40.57b |
| B: 0.40 (Retained Earnings 16.18b / Total Assets 40.57b) |
| C: 0.07 (EBIT TTM 2.67b / Avg Total Assets 38.79b) |
| D: 0.66 (Book Value of Equity 16.49b / Total Liabilities 25.16b) |
| Altman-Z'' Score: 2.55 = A |
Beneish M -2.78
| DSRI: 1.13 (Receivables 4.37b/3.88b, Revenue 12.08b/12.15b) |
| GMI: 1.17 (GM 46.20% / 53.84%) |
| AQI: 1.02 (AQ_t 0.96 / AQ_t-1 0.94) |
| SGI: 0.99 (Revenue 12.08b / 12.15b) |
| TATA: -0.02 (NI 2.12b - CFO 2.81b) / TA 40.57b) |
| Beneish M-Score: -2.78 (Cap -4..+1) = A |
What is the price of CINF shares?
Over the past week, the price has changed by +2.85%, over one month by +0.61%, over three months by +6.29% and over the past year by +21.40%.
Is CINF a buy, sell or hold?
- StrongBuy: 1
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CINF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 174.8 | 7.6% |
| Analysts Target Price | 174.8 | 7.6% |
| ValueRay Target Price | 186.2 | 14.6% |
CINF Fundamental Data Overview February 03, 2026
P/E Forward = 18.5874
P/S = 2.0831
P/B = 1.602
P/EG = -158.72
Revenue TTM = 12.08b USD
EBIT TTM = 2.67b USD
EBITDA TTM = 2.81b USD
Long Term Debt = 790.0m USD (from longTermDebt, last quarter)
Short Term Debt = 25.0m USD (from shortTermDebt, last quarter)
Debt = 883.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -577.0m USD (from netDebt column, last quarter)
Enterprise Value = 23.58b USD (25.16b + Debt 883.0m - CCE 2.46b)
Interest Coverage Ratio = 50.42 (Ebit TTM 2.67b / Interest Expense TTM 53.0m)
EV/FCF = 8.41x (Enterprise Value 23.58b / FCF TTM 2.80b)
FCF Yield = 11.89% (FCF TTM 2.80b / Enterprise Value 23.58b)
FCF Margin = 23.21% (FCF TTM 2.80b / Revenue TTM 12.08b)
Net Margin = 17.57% (Net Income TTM 2.12b / Revenue TTM 12.08b)
Gross Margin = 46.20% ((Revenue TTM 12.08b - Cost of Revenue TTM 6.50b) / Revenue TTM)
Gross Margin QoQ = 58.67% (prev 48.89%)
Tobins Q-Ratio = 0.58 (Enterprise Value 23.58b / Total Assets 40.57b)
Interest Expense / Debt = 1.47% (Interest Expense 13.0m / Debt 883.0m)
Taxrate = 20.59% (291.0m / 1.41b)
NOPAT = 2.12b (EBIT 2.67b * (1 - 20.59%))
Current Ratio = 1.70 (Total Current Assets 1.46b / Total Current Liabilities 858.0m)
Debt / Equity = 0.06 (Debt 883.0m / totalStockholderEquity, last quarter 15.41b)
Debt / EBITDA = -0.21 (Net Debt -577.0m / EBITDA 2.81b)
Debt / FCF = -0.21 (Net Debt -577.0m / FCF TTM 2.80b)
Total Stockholder Equity = 14.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.47% (Net Income 2.12b / Total Assets 40.57b)
RoE = 14.80% (Net Income TTM 2.12b / Total Stockholder Equity 14.34b)
RoCE = 17.66% (EBIT 2.67b / Capital Employed (Equity 14.34b + L.T.Debt 790.0m))
RoIC = 14.00% (NOPAT 2.12b / Invested Capital 15.15b)
WACC = 8.04% (E(25.16b)/V(26.04b) * Re(8.28%) + D(883.0m)/V(26.04b) * Rd(1.47%) * (1-Tc(0.21)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 79.38% ; FCFF base≈2.71b ; Y1≈2.99b ; Y5≈3.88b
Fair Price DCF = 429.8 (EV 66.47b - Net Debt -577.0m = Equity 67.05b / Shares 156.0m; r=8.04% [WACC]; 5y FCF grow 12.25% → 2.90% )
EPS Correlation: 0.34 | EPS CAGR: -35.60% | SUE: -4.0 | # QB: 0
Revenue Correlation: 56.53 | Revenue CAGR: 3.10% | SUE: 1.81 | # QB: 2
EPS next Quarter (2026-03-31): EPS=2.01 | Chg30d=-0.002 | Revisions Net=-2 | Analysts=6
EPS next Year (2026-12-31): EPS=8.51 | Chg30d=-0.061 | Revisions Net=-1 | Growth EPS=+14.9% | Growth Revenue=-1.7%