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How to Buy Cincinnati Financial Stock

Cincinnati Financial Corp

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States.

Cincinnati Financial stock last closed at $121.41, up 1.94% from the previous day, and has increased 21.9% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.02 percentage points. Cincinnati Financial stock is currently +25.35% from its 52-week low of $96.86, and -2.36% from its 52-week high of $124.35.

There are currently 156.56M shares of CINF outstanding. The market value of CINF is $19.01B. In the last 24 hours, 922,326 CINF shares were traded.

How to Buy Cincinnati Financial Stock

Wondering how to invest in Cincinnati Financial stock? Here's how.
  1. Figure out where to buy Cincinnati Financial stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Cincinnati Financial stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your payment method and add your info.
  4. Analyze Cincinnati Financial stock: The Cincinnati Financial ticker symbol is CINF. Is Cincinnati Financial stock a good investment? Should you buy shares of CINF? How do CINF's underlying business fundamentals look? Do top analysts think Cincinnati Financial is a good buy? Why has CINF's stock price moved recently? (Hint: Our stock market research website can help you figure out if CINF is a good stock to buy).
  5. Place your CINF trade: Decide if you will purchase CINF shares at the current market price or use a limit order to purchase CINF stock at a given price.
  6. Get the latest news on your investment in CINF: Create a watchlist to get live updates on your investment in Cincinnati Financial stock.

Step 1: Figure out where to buy Cincinnati Financial stock

You will need a brokerage account to access the NASDAQ market and buy CINF shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you can buy CINF stock today.

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Step 3: Fund your brokerage account

Now that you have created your account on one of the best stock apps, you need to deposit funds:

Watch the walkthrough below if you need help depositing money into your brokerage account.

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Step 4: Analyze Cincinnati Financial stock

Once you have decided on the best place to buy Cincinnati Financial stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.

Cincinnati Financial shares at a glance

CINF Price
$121.41
1w %
4.94%
1y %
21.9%
5y %
13.67%
P/E
8.02x
P/B
1.5x
P/S
1.78x
PEG
N/A
Revenue
$10.71B
Earnings
$2.37B
Fore. Rev. Growth
-0.18%
Fore. Earn. Growth
-32.3%
Market Cap
$19.01B
Next Earnings
Jul 25, 2024
Next Dividend
Jul 15, 2024

CINF Zen Score

WallStreetZen was created to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on CINF's stock page.

Is CINF stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge CINF's intrinsic value.

Using relative valuations methods:

  • CINF may be undervalued based on its P/E ratio of 8.02x, relative to Insurance - Property & Casualty industry P/E ratio of 17.19x
  • CINF could be undervalued based on its P/B ratio of 1.5x, relative to Insurance - Property & Casualty industry P/B ratio of 2.16x

You can do additional valuation analysis on CINF's stock here.

CINF Financial Overview

Positive Financial Indicators:

  • Total CINF debt is lower than 5 years ago, relative to shareholder equity.
  • CINF's operating cash flow of $2.16B allows it to safely service it's debt of $873.00M.
  • CINF earnings of $3.01B is not enough to cover its interest payments.
  • CINF profit margin has gone up from 0.1% to 22.2% in the past year.

Negative Financial Indicators:

  • CINF has a relatively high debt to equity ratio of 1.67.

Is it a good time to buy CINF stock, according to analysts?

Out of 5 sell side analysts who give ratings on CINF, the consensus analyst rating on Cincinnati Financial is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Cincinnati Financial stock forecast page.

CINF Technicals

SMA10
117.94
SMA20
116.22
SMA50
116.65
SMA100
117.07
SMA200
110.65
MACD
0.78
MACD Signal
0.29
MACD Histogram
0.49
RSI
64.74
Stochastic %K
82.46
Stochastic %D
69.16
StochRSI %K
78.24
StochRSI %D
62.58

Is CINF Growing Revenue?

Last year, CINF earnings were $2.37B. In the last five year, CINF's earnings have gone up by 19.42% per year. This was faster than the Insurance - Property & Casualty industry average of 19.2%.

Last year, CINF revenue was $10.71B. During the last 5 year, CINF's revenue has increased by 11.04% per year. This was slower than the Insurance - Property & Casualty industry average of 11.31%.

Find out more about CINF's earnings and revenue performance here.

What are CINF executives and large shareholders up to?

Over the last 12 months, insiders at CINF have bought more shares than they have sold.

Sean Michael Givler, Sr Vice President - Subsidiary of CINF, was the latest CINF insider to sell. They sold $1,312,014.40 worth of CINF shares on May 31, 2024.

Research more about who owns CINF shares here.

Does CINF stock generate passive income?

Cincinnati Financial pays a dividend of 2.57%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.63%. If you owned $1,000 of CINF stock, you would have been paid $25.70 last year.

Cincinnati Financial dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Cincinnati Financial dividend yield and history here.

What do other traders have to say about CINF?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your CINF trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get the latest news on your investment in CINF

Now that you own some shares in CINF, you'll want to stay up-to-date on your new shares.

Put CINF on a watchlist to track the latest developments regarding your CINF stock.

CINF Feed

How to Buy Stock in Cincinnati Financial

To reiterate, here are the 6 steps you need to take to buy Cincinnati Financial stock right now:

  1. Figure out where to buy Cincinnati Financial stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Analyze Cincinnati Financial stock
  5. Place your CINF trade
  6. Get the latest news on your investment in CINF

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Cincinnati Financial, add CINF to your watchlist below.

NASDAQ: CINF
$121.41+2.31 (+1.94%)
Updated Jul 11, 2024
Open eToro Account
NASDAQ: CINF
$121.41+2.31 (+1.94%)
Updated Jul 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cincinnati Financial share?

As of Jul 11, 2024, it costs $121.41 to buy one share of Cincinnati Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.082 shares of CINF.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cincinnati Financial stock?

According to 5 Wall Street analysts who monitor Cincinnati Financial, their consensus recommendation is to buy Cincinnati Financial stock.

What is the best way to buy Cincinnati Financial stock?

One way to place an order for Cincinnati Financial stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.