Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Cincinnati Financial Corporation
(
) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.6%. By the end of trading, Cincinnati Financial Corporation fell $1.89 (-4.0%) to $45.21 on heavy volume. Throughout the day, 1,452,343 shares of Cincinnati Financial Corporation exchanged hands as compared to its average daily volume of 601,500 shares. The stock ranged in price between $45.08-$46.68 after having opened the day at $46.50 as compared to the previous trading day's close of $47.10. Other companies within the Financial sector that declined today were:
(
), down 21.2%,
(
), down 19.1%,
C-Tracks Citi Volatility Index TR ETN
(
), down 15.1% and
(
), down 15.0%.
Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Cincinnati Financial Corporation has a market cap of $7.7 billion and is part of the insurance industry. Shares are down 10.1% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Cincinnati Financial Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Cincinnati Financial Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Cincinnati Financial Corporation Ratings Report.
On the positive front,
(
), up 17.8%,
(
), up 9.7%,
(
), up 9.5% and
Direxion Daily Latin America Bull 3X Shares
(
), up 8.9% , were all gainers within the financial sector with
(
) being today's featured financial sector leader.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
