Shares of the insurer witnessed a loss of 0.06% over the previous month, beating the performance of the Finance sector with its loss of 1.77% and underperforming the S&P 500's gain of 2.73%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $21.15 per share and revenue of $54.96 billion, indicating changes of -6.17% and +7.66%, respectively, compared to the previous year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. ...

Chubb checks many boxes for investors looking to invest in a well-run company that consistently delivers. However, after getting a boost from Berkshire, the stock has increased 36% over the past year. Is it too late for investors to add the insurer today? To learn more, let's dive into its business, valuation, and outlook. One measure that gets to the core of the insurance business is the combined ratio. This ratio takes the total claims costs plus expenses associated with writing policies and divides them ...

Earnings of this insurer grew 19.4% in the last five years, better than the industry average of 10.4%. The expected long-term earnings growth rate is pegged at 2%. Return on Capital Growth Drivers Chubb's strategic mergers and acquisitions diversify its compelling portfolio, add capabilities and synergies and expand its geographic footprint. The addition of Cigna's life and non-life insurance companies and the acquisition of a higher stake in Huatai Group, among others, bear testimony to the strategy. Inves ...

The investment community will be paying close attention to the earnings performance of Chubb in its upcoming release. The company's upcoming EPS is projected at $5.29, signifying a 7.52% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $13.41 billion, indicating a 9.53% increase compared to the same quarter of the previous year. Our research reveals that these estimate alterations are directly linked with the stock price performa ...

There's no longer a mystery about which stock Buffett has been buying hand over fist. However, Berkshire spilled the beans in May. The giant conglomerate revealed that it had accumulated a 6.4% stake in property and casualty insurer Chubb (CB -1.08%) worth more than $6.7 billion at the end of the first quarter of 2024. It's now Berkshire's 10th-largest holding. Why does Buffett like Chubb? Buffett has long held insurers near and dear to his heart. He often sings the praises of Geico (and pitches its product ...

These stocks offer the potential for growth in nearly any economic environment. Admittedly, a Buffett lieutenant may have made this decision, as Buffett was critical of buying IPO stocks in the past. Berkshire also purchased the shares at the height of the 2021 bull market, so the shares lost most of their value before returning to levels near their all-time high more recently. Indeed, the triple-digit growth is unlikely to last as analysts forecast a 68% increase in earnings on a consensus basis. In the fi ...

Shares of this insurer have returned +4.3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Insurance - Property and Casualty industry, to which Chubb belongs, has lost 1.2% over this period. Now the key question is: Where could the stock be headed in the near term? Revisions to Earnings Estimates Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings e ...

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 ...