What is Zacks Research’s Estimate for Chubb FY2028 Earnings?

Chubb Limited (NYSE:CBFree Report) – Stock analysts at Zacks Research boosted their FY2028 earnings per share estimates for shares of Chubb in a report issued on Wednesday, April 8th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $27.32 per share for the year, up from their previous estimate of $27.20. The consensus estimate for Chubb’s current full-year earnings is $21.52 per share.

CB has been the subject of several other reports. Mizuho boosted their target price on Chubb from $317.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Citizens Jmp restated a “market outperform” rating and issued a $350.00 price target on shares of Chubb in a research report on Wednesday, February 4th. Jefferies Financial Group boosted their price target on Chubb from $333.00 to $356.00 and gave the company a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their price target on Chubb from $304.00 to $330.00 and gave the company a “hold” rating in a research report on Monday, March 23rd. Finally, Keefe, Bruyette & Woods boosted their price target on Chubb from $355.00 to $373.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $345.33.

Check Out Our Latest Stock Report on Chubb

Chubb Stock Up 0.1%

Chubb stock opened at $333.11 on Friday. Chubb has a fifty-two week low of $264.10 and a fifty-two week high of $345.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $129.99 billion, a P/E ratio of 12.95, a PEG ratio of 1.77 and a beta of 0.49. The stock has a 50-day simple moving average of $328.18 and a 200-day simple moving average of $306.11.

Chubb (NYSE:CBGet Free Report) last posted its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share for the quarter, beating the consensus estimate of $6.33 by $1.19. Chubb had a return on equity of 13.15% and a net margin of 17.36%.The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $11.11 billion. During the same period in the previous year, the business earned $6.02 EPS. The business’s quarterly revenue was up 8.9% on a year-over-year basis.

Hedge Funds Weigh In On Chubb

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. acquired a new position in Chubb during the 4th quarter worth approximately $80,000. Cornerstone Planning LLC acquired a new position in Chubb during the 4th quarter worth approximately $3,055,000. World Investment Advisors increased its position in Chubb by 8.6% during the 4th quarter. World Investment Advisors now owns 38,821 shares of the financial services provider’s stock worth $12,117,000 after purchasing an additional 3,087 shares during the period. Farmers National Bank increased its position in Chubb by 13.6% during the 4th quarter. Farmers National Bank now owns 1,261 shares of the financial services provider’s stock worth $394,000 after purchasing an additional 151 shares during the period. Finally, Winthrop Partners WNY LLC acquired a new position in Chubb during the 4th quarter worth approximately $3,062,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Activity at Chubb

In other Chubb news, Director Olivier Steimer sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total transaction of $658,600.00. Following the transaction, the director owned 25,468 shares in the company, valued at approximately $8,386,612.40. The trade was a 7.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $331.98, for a total value of $9,234,687.66. Following the transaction, the executive vice president owned 11,810 shares in the company, valued at $3,920,683.80. The trade was a 70.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,877 shares of company stock worth $14,885,226 in the last quarter. Company insiders own 0.77% of the company’s stock.

Chubb Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 13th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, March 13th. Chubb’s payout ratio is 15.08%.

Chubb News Summary

Here are the key news stories impacting Chubb this week:

Chubb Company Profile

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Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.

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Earnings History and Estimates for Chubb (NYSE:CB)

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