Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty companies. The same local independent insurance agencies that market those policies may offer products of its other subsidiaries, including life insurance, fixed annuities and surplus lines property and casualty insurance.
Company profile
Ticker
CINF
Exchange
Website
CEO
Steven Johnston
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
310746871
CINF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
22 May 23
8-K
Submission of Matters to a Vote of Security Holders
9 May 23
10-Q
2023 Q1
Quarterly report
27 Apr 23
8-K
Results of Operations and Financial Condition
27 Apr 23
EFFECT
Notice of effectiveness
25 Apr 23
8-K
Results of Operations and Financial Condition
17 Apr 23
CORRESP
Correspondence with SEC
14 Apr 23
UPLOAD
Letter from SEC
14 Apr 23
S-3
Shelf registration
5 Apr 23
8-K
Entry into a Material Definitive Agreement
24 Mar 23
Transcripts
CINF
Earnings call transcript
2023 Q1
28 Apr 23
CINF
Earnings call transcript
2022 Q4
7 Feb 23
CINF
Earnings call transcript
2022 Q3
1 Nov 22
CINF
Earnings call transcript
2022 Q2
28 Jul 22
CINF
Earnings call transcript
2022 Q1
29 Apr 22
CINF
Earnings call transcript
2021 Q4
16 Feb 22
CINF
Earnings call transcript
2021 Q3
28 Oct 21
CINF
Earnings call transcript
2021 Q2
29 Jul 21
CINF
Earnings call transcript
2021 Q1
30 Apr 21
CINF
Earnings call transcript
2020 Q4
11 Feb 21
Latest ownership filings
4
Thomas J Aaron
5 Jun 23
4
Roger A Brown
31 May 23
4
Dirk J Debbink
30 May 23
4
Charles Odell Schiff
19 May 23
13F-HR
Quarterly holdings report by institutional manager
5 May 23
4
MARC JON SCHAMBOW
9 Mar 23
4
Donald J Doyle Jr
8 Mar 23
4
MARC JON SCHAMBOW
3 Mar 23
4
Angela Ossello Delaney
3 Mar 23
4
Den Heuvel Will H Van
3 Mar 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 955.00 mm | 955.00 mm | 955.00 mm | 955.00 mm | 955.00 mm | 955.00 mm |
| Cash burn (monthly) | 103.00 mm | 2.67 mm | (no burn) | 5.42 mm | (no burn) | (no burn) |
| Cash used (since last report) | 239.01 mm | 6.19 mm | n/a | 12.57 mm | n/a | n/a |
| Cash remaining | 715.99 mm | 948.81 mm | n/a | 942.43 mm | n/a | n/a |
| Runway (months of cash) | 7.0 | 355.8 | n/a | 174.0 | n/a | n/a |
Institutional ownership, Q1 2023
65.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 691 |
| Opened positions | 92 |
| Closed positions | 67 |
| Increased positions | 230 |
| Reduced positions | 231 |
| 13F shares | Current |
|---|---|
| Total value | 11.45 tn |
| Total shares | 102.12 mm |
| Total puts | 232.10 k |
| Total calls | 183.97 k |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 19.47 mm | $2.18 tn |
| BLK Blackrock | 11.91 mm | $1.34 tn |
| STT State Street | 9.48 mm | $1.07 tn |
| Aristotle Capital Management | 8.75 mm | $980.32 bn |
| Geode Capital Management | 3.34 mm | $373.98 bn |
| BAC Bank Of America | 3.04 mm | $340.48 bn |
| London Co Of Virginia | 2.67 mm | $299.20 bn |
| RY Royal Bank Of Canada | 2.32 mm | $260.20 bn |
| NTRS Northern Trust | 1.76 mm | $197.79 bn |
| ProShare Advisors | 1.65 mm | $184.69 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Thomas J Aaron | Common Stock | Buy | Acquire P | Yes | No | 97.1678 | 500 | 48.58 k | 6,240 |
| 25 May 23 | Dirk J Debbink | Common Stock | Buy | Acquire P | Yes | No | 98.39 | 1,000 | 98.39 k | 47,959.806 |
| 17 May 23 | Charles Odell Schiff | Common Stock | Sell | Dispose S | Yes | No | 102.7388 | 20,000 | 2.05 mm | 190,555 |
| 16 May 23 | Roger A Brown | Common Stock | By will or laws of descent | Acquire W | No | No | 0 | 2,175 | 0.00 | 52,563 |
| 7 Mar 23 | Marc Jon Schambow | Common Stock | Payment of exercise | Dispose F | No | No | 119.63 | 117 | 14.00 k | 19,894.231 |
| 7 Mar 23 | Marc Jon Schambow | Common Stock | Option exercise | Acquire M | No | No | 61.47 | 861 | 52.93 k | 20,011.231 |
| 7 Mar 23 | Marc Jon Schambow | Stock Options Common Stock | Option exercise | Dispose M | No | No | 61.47 | 861 | 52.93 k | 0 |
News
Death Cross Looms Over Cincinnati Financial Investors
1 Jun 23
Benzinga's Top Ratings Upgrades, Downgrades For May 18, 2023
18 May 23
B of A Securities Upgrades Cincinnati Financial to Buy, Raises Price Target to $117
18 May 23
Keefe, Bruyette & Woods Maintains Market Perform on Cincinnati Financial, Raises Price Target to $120
2 May 23
RBC Capital Maintains Sector Perform on Cincinnati Financial, Lowers Price Target to $118
1 May 23
Press releases
Cincinnati Financial Corporation Declares Regular Quarterly Cash Dividend
8 May 23
Cincinnati Financial Corporation Holds Shareholders' and Directors' Meetings
8 May 23
Regis Corporation Appoints Nancy Benacci to Its Board of Directors
3 May 23
Cincinnati Financial Reports First-Quarter 2023 Results
27 Apr 23
Cincinnati Financial Corporation Announces Preliminary Estimate for First-Quarter Storm Losses
17 Apr 23