Chubb (CB) to Release Earnings on Tuesday

Chubb (NYSE:CB) is expected to post its quarterly earnings results after the market closes on Tuesday, January 28th. Analysts expect Chubb to post earnings of $5.33 per share and revenue of $10,865,250.00 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share for the quarter, beating analysts’ consensus estimates of $4.98 by $0.74. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The firm had revenue of $13.83 billion during the quarter, compared to analysts’ expectations of $14.16 billion. During the same period last year, the firm posted $4.95 EPS. The business’s revenue was up 5.5% on a year-over-year basis. On average, analysts expect Chubb to post $22 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Chubb Stock Up 0.1 %

Shares of NYSE:CB opened at $266.71 on Monday. Chubb has a 12 month low of $238.85 and a 12 month high of $302.05. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $276.24 and its two-hundred day moving average price is $278.83. The firm has a market cap of $107.51 billion, a P/E ratio of 10.92, a P/E/G ratio of 7.23 and a beta of 0.67.

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Friday, December 13th. Chubb’s dividend payout ratio is 14.91%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CB shares. Barclays lowered their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Jefferies Financial Group lifted their target price on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. JMP Securities increased their price objective on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. lifted their target price on Chubb from $294.00 to $296.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, Morgan Stanley lifted their price target on shares of Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Chubb has an average rating of “Hold” and an average price target of $288.17.

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.