Several analysts have recently updated their ratings and price targets for Chubb Corp. (NYSE: CB):
Chubb Corp. (NYSE:CB) traded down 0.03% during midday trading on Friday, reaching $126.65. The company’s stock had a trading volume of 534,232 shares. Chubb Corp. has a 12 month low of $106.82 and a 12 month high of $131.00. The stock has a 50-day moving average price of $125.34 and a 200 day moving average price of $126.12. The company has a market cap of $58.94 billion, a PE ratio of 16.97 and a beta of 0.86.
Chubb Corp. (NYSE:CB) last posted its earnings results on Tuesday, October 25th. The company reported $2.88 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.58 by $0.30. Chubb Corp. had a net margin of 11.20% and a return on equity of 9.88%. The firm had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $7.36 billion. During the same quarter last year, the firm earned $2.37 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Analysts expect that Chubb Corp. will post $9.79 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 20th. Shareholders of record on Friday, December 30th will be given a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 2.18%. Chubb Corp.’s dividend payout ratio is currently 36.90%.