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Why You Should Retain Cincinnati Financial in Your Portfolio - August 27, 2018

Estimates for Cincinnati Financial Corporation CINF have been revised upward over the past 30 days, reflecting analysts’ confidence in the stock. Let’s focus on the factors that make Cincinnati Financial a stock to retain for attractive returns.Improving Top Line: Cincinnati Financial has been continuously generating an improved top line, driven by higher net premiums earned as well as investment income. Growth initiatives as well as a gradual increase in insurance rates have been supporting the upside.In fact, net written premiums in 2017 witnessed a five-year CAGR of 6.8%, nearly double the property casualty’s industry rate. These initiatives make Cincinnati Financial an attractive pick for yield-seeking investors.Growth Projections: The Zacks Consensus Estimate for current-year earnings per share is pegged at $3.15, representing a year-over-year increase of 15% on 5.1% higher revenues of $5.9 billion. For 2019, the consensus mark for the bottom line stands at $3.25, translating into a 3.2% year-over-year rise while the same for the top line is projected at $6.2 billion, up 5.3%.Positive Earnings Surprise History: Cincinnati Financial flaunts a solid earnings surprise history, exceeding the Zacks Consensus Estimate in three of the last four quarters.

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