Shares of the insurer have appreciated by 4.86% over the course of the past month, outperforming the Finance sector's gain of 0.75% and the S&P 500's gain of 3.25%. For the full year, the Zacks Consensus Estimates project earnings of $21.23 per share and a revenue of $54.96 billion, demonstrating changes of -5.81% and +7.66%, respectively, from the preceding year. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this ...

Chubb Limited (CB) recently inked a definitive agreement to acquire a Melbourne-based managing general agent, Catalyst Aviation Insurance. Pending regulatory and other closing conditions, the transaction is likely to be completed by the end of June 2024. The transaction is a testimony to CB's effort to expand its presence in Australia. Catalyst Aviation, founded in 2016, is the insurance intermediary that has established itself as a sustainable part of the aviation insurance market in Australia, New Zealand ...

Chubb (CB) ended the recent trading session at $264.81, demonstrating a -0.69% swing from the preceding day's closing price. This change lagged the S&P 500's 0.15% gain on the day. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.17%. Prior to today's trading, shares of the insurer had gained 5.79% over the past month. This has outpaced the Finance sector's gain of 2.64% and the S&P 500's gain of 3.2% in that time. Market participants will be closely following the financial results of Ch ...

Warren Buffett's newest position has been revealed. One of the most exciting things to do as an investor is to look at what famed institutional investors are buying and selling. The Securities and Exchange Commission requires large money managers to file a form called a 13F, which breaks down the stocks that hedge funds and other sophisticated investors on Wall Street are trading. Perhaps the most closely followed 13F comes from Warren Buffett's Berkshire Hathaway. Over the past several quarters, Berkshire' ...

Chubb (CB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this insurer have returned +5.6% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Insurance - Property and Casualty industry, to which Chubb belongs, has gained 0.8% over this period. Now the key question is: Where could the stock be headed in the near term? Althou ...

While investors shouldn't take the advice of any one expert, a possible exception can be made regarding Warren Buffett stocks to buy. Granted, you should still do your due diligence – that goes for anything. However, the Oracle of Omaha is simply a cut above the rest. First, the man has seen an economic cycle or five. That's what separates the Oracle from other so-called market gurus. Yes, some magic system can claim to generate 10X returns or whatever consistently. From what I know, all such systems fail o ...

It has been about a month since the last earnings report for Chubb (CB) . Shares have added about 10.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Chubb due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Chubb's Q1 Earnings Top Estimates, Premiums Rise Y/Y Chub ...

Zacks Rank & Price Performance Chubb Limited (CB) is well-positioned for growth, driven by a compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position. Earnings Surprise History Chubb's earnings beat estimates in each of the last four quarters, the average being 23.78%. Return on Equity Chubb's return on equity in the first quarter of 2024 was 16.3%, which expanded 320 bps year over year and exceeded the industry average ...

Buffett buys into the industry's premier brand riding a strong insurance market. Over the past two quarters, Warren Buffett's Berkshire Hathaway (BRK.A 0.68%) (BRK.B 0.93%) has been buying a "secret stock" -- secret in the sense that a major investment fund can request the SEC withhold the name of a new buy in a fund's 13F quarterly report, since disclosing the position could reveal an ongoing buying program, and therefore influence the price. But this week, it was finally disclosed Berkshire's "secret" buy ...

Dilok Klaisataporn Chubb Limited (NYSE:CB) has had a phenomenal financial performance after my previous analysis, posting increasing margins and solid revenue growth beyond my previous analysis' expectations. More recently in Q1, Warren Buffett seems to have noted the stock as a good buying opportunity, as a recent 13F filing shows Berkshire Hathaway's (BRK.A) (BRK.B) newly bought stake in Chubb. I previously wrote an article on Chubb titled "Chubb: A Relatively Cheap Savehaven", rating the stock at buy due ...