CINF
CINCINNATI FINANCIAL CORP
Next earnings Jul 27, 2026 · consensus $1.78 EPS, $2.98B rev
Last earnings +0.7% on 2026-04-27
$192.03
▲ +3.15%$192.03▲ +33.53%
over 1Y
L $143.39H $192.03
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+3.2%
1W+8.0%
1M+21.5%
3M+21.2%
YTD+19.6%
1Y+33.5%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 16 analysts
Buy
Quality 75-year P&C insurer at ~12x earnings, 15% ROE and a fortress balance sheet — cheap enough to own despite lumpy, market-sensitive earnings.
P/E (price / FY diluted EPS) 12.1 · FY2025
The read
Quality fundamentals and an attractive price line up (~69% below fair value) — the rarer case where both the business and the entry look good.
Cincinnati Financial is a conservatively run property-casualty insurer (homeowner, auto, commercial, plus Cincinnati Re and Lloyd's Syndicate 318) distributing through independent agents across 46 states, marking 75 years in 2025. The fundamentals are durable and improving: FY2025 revenue rose 11.4% to $12.6B and operating cash flow jumped 17.5% to $3.11B, while net income grew a more modest 4.4% to $2.39B ($15.17 diluted EPS). Returns are solid for the sector — 15.0% ROE and an 18.9% net margin — and the balance sheet is a genuine strength: $15.9B equity (+14.2%) against just $790M of long-term debt (flat YoY) for only 1.58x liabilities/equity, $1.43B cash (+45.6%) and $16.7B of retained earnings. Capital is returned generously and growing: $525M dividends (+7.1%) plus $205M buybacks (+62.7%).
At $184.08 the stock trades at 12.1x EPS and ~1.8x book value (book ≈ $102/share), a reasonable multiple for a 15%-ROE compounder. P/S of 2.3 is unremarkable, but for an insurer the earnings yield (~8%) plus a long, reliable dividend record is the draw. The +3.57% move today still leaves valuation undemanding relative to the profitability and the pristine capitalization.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 29, 2026, 8:38 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $9.63B | $6.56B | $10.0B | $11.3B | $12.6B |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $2.97B | -$487M | $1.84B | $2.29B | $2.39B |
| Diluted EPS | $18.24 | -$3.06 | $11.66 | $14.53 | $15.17 |
| Net margin | 30.8% | -7.4% | 18.4% | 20.2% | 18.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF9.6
PEG (trailing)2.87
Earnings yield8.1%
FCF yield10.4%
Quality & risk
ROIC (est.)—
Free cash flow$3.09B
Total debt$790M
Net cash$641M
Piotroski F-Score5/7
Capital returns
Buyback yield0.7%
Dividend yield (est.)1.8%
Shareholder yield2.5%
Shares Δ YoY-0.6%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Officer / director change2026-06-22
Officer/director change plus investor materials; leadership transition, no financial impact
- 8-K Officer / director change2026-06-16
Another officer/director change with Reg FD materials; continued leadership reshuffle
- 8-K Reg FD disclosure2026-05-19
Reg FD disclosure (investor presentation/exhibits); informational only
- 8-K Shareholder vote2026-05-06
Annual meeting voting results; directors elected, routine governance items passed
- 8-K Earnings results2026-04-27
Q1 2026 report; equity base $15.9B+ supports continued P&C premium growth
- 10-Q Quarterly report2026-04-27
Q1 2026 report; equity base $15.9B+ supports continued P&C premium growth
- S-3 Shelf registration (potential raise)2026-04-22
Shelf registration refresh for future debt/equity; financing flexibility, no issuance
- DEF 14A Proxy statement2026-03-18
Annual proxy: board slate, exec pay, auditor ratification; routine governance
- 10-K Annual report2026-02-23
FY2025 10-K: revenue $12.6B (+11.4%), NI $2.39B, equity +14.2%, buybacks +63%
Recent filings
all on EDGAR ↗3Period ending 2026-06-192026-06-26open ↗8-KPeriod ending 2026-06-192026-06-22open ↗11-KPeriod ending 2025-12-312026-06-17open ↗8-KPeriod ending 2026-06-112026-06-16open ↗4Period ending 2026-06-082026-06-10open ↗4Period ending 2026-05-282026-06-01open ↗8-KPeriod ending 2026-05-192026-05-19open ↗4Period ending 2026-05-112026-05-13open ↗EFFECTFiling2026-05-11open ↗4Period ending 2026-05-072026-05-11open ↗13F-HRPeriod ending 2026-03-312026-05-11open ↗4Period ending 2026-05-052026-05-07open ↗
Frequently asked
- Is CINCINNATI FINANCIAL CORP (CINF) a buy?
- CINF currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Quality 75-year P&C insurer at ~12x earnings, 15% ROE and a fortress balance sheet — cheap enough to own despite lumpy, market-sensitive earnings.
- What is CINF's fair value?
- A Modified-Graham model based on CINF's SEC fundamentals estimates a fair value of about $324.39. It is an estimate from reported earnings, not a price target.
- Is CINF overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, CINF currently appears undervalued relative to its SEC-grounded earnings power.
- What is CINCINNATI FINANCIAL CORP's quality score?
- CINF scores 79.04798023205845/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000020286, latest 10-Q filed 2026-04-27) · EODHD · Proprietary analysis · as of 6/29/2026, 12:38:32 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.