Chubb Limited (NYSE:CB) to Post FY2024 Earnings of $21.33 Per Share, Zacks Research Forecasts

Chubb Limited (NYSE:CB) – Analysts at Zacks Research raised their FY2024 earnings estimates for Chubb in a research report issued on Thursday, September 26th. Zacks Research analyst T. De now expects that the financial services provider will post earnings per share of $21.33 for the year, up from their prior forecast of $21.12. The consensus estimate for Chubb’s current full-year earnings is $21.21 per share. Zacks Research also issued estimates for Chubb’s Q3 2025 earnings at $5.75 EPS, Q4 2025 earnings at $5.89 EPS, FY2025 earnings at $23.14 EPS, Q1 2026 earnings at $6.04 EPS and FY2026 earnings at $23.89 EPS.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.04 by $0.34. Chubb had a return on equity of 15.77% and a net margin of 18.14%. The business had revenue of $13.36 billion for the quarter, compared to analyst estimates of $13.04 billion. During the same period in the previous year, the company posted $4.92 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis.

A number of other brokerages have also commented on CB. Barclays started coverage on shares of Chubb in a research report on Wednesday, September 4th. They set an “overweight” rating and a $349.00 price objective for the company. Royal Bank of Canada raised their target price on Chubb from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Keefe, Bruyette & Woods boosted their price target on shares of Chubb from $304.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Bank of America increased their price objective on shares of Chubb from $257.00 to $264.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Finally, Morgan Stanley decreased their target price on shares of Chubb from $260.00 to $259.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $274.70.

Chubb Stock Up 1.3 %

CB opened at $292.15 on Monday. Chubb has a 1-year low of $204.15 and a 1-year high of $294.18. The business has a 50 day moving average of $279.68 and a 200-day moving average of $265.19. The stock has a market capitalization of $118.63 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 5.74 and a beta of 0.66. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.20.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, September 13th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, September 13th. Chubb’s dividend payout ratio is presently 16.16%.

Insider Transactions at Chubb

In other news, EVP Juan Luis Ortega sold 3,921 shares of Chubb stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $273.06, for a total value of $1,070,668.26. Following the completion of the sale, the executive vice president now directly owns 44,632 shares of the company’s stock, valued at approximately $12,187,213.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Michael G. Atieh sold 261 shares of Chubb stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $287.49, for a total transaction of $75,034.89. Following the completion of the sale, the director now directly owns 39,172 shares of the company’s stock, valued at $11,261,558.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Juan Luis Ortega sold 3,921 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $273.06, for a total value of $1,070,668.26. Following the completion of the transaction, the executive vice president now directly owns 44,632 shares in the company, valued at approximately $12,187,213.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 86,636 shares of company stock worth $24,874,208. Corporate insiders own 0.86% of the company’s stock.

Institutional Trading of Chubb

A number of institutional investors and hedge funds have recently modified their holdings of CB. Gryphon Financial Partners LLC acquired a new position in Chubb in the fourth quarter valued at about $597,000. Focus Financial Network Inc. ADV bought a new stake in Chubb during the 4th quarter worth approximately $577,000. Scotia Capital Inc. raised its holdings in Chubb by 4.8% during the 4th quarter. Scotia Capital Inc. now owns 6,015 shares of the financial services provider’s stock worth $1,359,000 after buying an additional 275 shares during the period. Eagle Asset Management Inc. bought a new position in Chubb in the fourth quarter valued at approximately $2,025,000. Finally, California State Teachers Retirement System boosted its holdings in shares of Chubb by 0.5% in the fourth quarter. California State Teachers Retirement System now owns 664,376 shares of the financial services provider’s stock valued at $150,149,000 after buying an additional 3,303 shares during the period. 83.81% of the stock is owned by institutional investors.

Chubb Company Profile

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.