Zacks Research Brokers Decrease Earnings Estimates for Chubb

Chubb Limited (NYSE:CBFree Report) – Analysts at Zacks Research dropped their Q4 2024 earnings per share estimates for Chubb in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst T. De now forecasts that the financial services provider will post earnings per share of $5.13 for the quarter, down from their prior estimate of $5.73. The consensus estimate for Chubb’s current full-year earnings is $21.66 per share. Zacks Research also issued estimates for Chubb’s Q2 2025 earnings at $5.73 EPS, Q3 2025 earnings at $5.45 EPS, Q4 2025 earnings at $5.78 EPS, FY2025 earnings at $22.81 EPS and Q2 2026 earnings at $6.14 EPS.

A number of other equities research analysts have also commented on CB. Wells Fargo & Company upped their target price on Chubb from $266.00 to $268.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 5th. Barclays assumed coverage on shares of Chubb in a research note on Wednesday, September 4th. They issued an “overweight” rating and a $349.00 price objective on the stock. Evercore ISI boosted their target price on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Piper Sandler lifted their price objective on Chubb from $281.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, October 4th. Finally, Royal Bank of Canada upped their target price on Chubb from $285.00 to $295.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Chubb has a consensus rating of “Hold” and a consensus target price of $287.37.

View Our Latest Analysis on Chubb

Chubb Stock Performance

Shares of CB stock opened at $288.00 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28. The business has a fifty day moving average of $287.84 and a 200 day moving average of $272.77. The firm has a market capitalization of $116.09 billion, a price-to-earnings ratio of 11.79, a price-to-earnings-growth ratio of 6.64 and a beta of 0.67. Chubb has a 1 year low of $216.90 and a 1 year high of $302.05.

Chubb (NYSE:CBGet Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.98 by $0.74. The business had revenue of $13.83 billion during the quarter, compared to analysts’ expectations of $14.16 billion. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $4.95 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Beacon Capital Management LLC grew its holdings in shares of Chubb by 76.4% during the 2nd quarter. Beacon Capital Management LLC now owns 97 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 42 shares during the period. Continuum Advisory LLC boosted its stake in Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares during the period. Pathway Financial Advisers LLC acquired a new stake in shares of Chubb during the first quarter valued at about $25,000. Kozak & Associates Inc. purchased a new stake in shares of Chubb in the 3rd quarter valued at approximately $29,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb in the 3rd quarter worth approximately $29,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Chubb

In related news, EVP Juan Luis Ortega sold 3,921 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $273.06, for a total transaction of $1,070,668.26. Following the completion of the sale, the executive vice president now owns 44,632 shares of the company’s stock, valued at approximately $12,187,213.92. This represents a 8.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Evan G. Greenberg sold 30,318 shares of Chubb stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $289.60, for a total value of $8,780,092.80. Following the transaction, the chief executive officer now owns 553,664 shares in the company, valued at approximately $160,341,094.40. The trade was a 5.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 86,636 shares of company stock valued at $24,874,208 over the last quarter. 0.86% of the stock is currently owned by insiders.

About Chubb

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for Chubb (NYSE:CB)

Receive News & Ratings for Chubb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chubb and related companies with MarketBeat.com's FREE daily email newsletter.