Analysts predict that D/B/A Chubb Limited New (NYSE:CB) will announce $2.68 earnings per share for the current quarter, Zacks reports. Four analysts have made estimates for D/B/A Chubb Limited New’s earnings. The highest EPS estimate is $2.75 and the lowest is $2.49. D/B/A Chubb Limited New reported earnings per share of $2.88 during the same quarter last year, which indicates a negative year-over-year growth rate of 6.9%. The company is scheduled to report its next earnings report on Tuesday, October 24th.

According to Zacks, analysts expect that D/B/A Chubb Limited New will report full-year earnings of $10.27 per share for the current financial year, with EPS estimates ranging from $10.00 to $10.55. For the next fiscal year, analysts forecast that the firm will report earnings of $10.61 per share, with EPS estimates ranging from $9.75 to $11.00. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow D/B/A Chubb Limited New.

D/B/A Chubb Limited New (NYSE:CB) last posted its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.06 billion. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share.

CB has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on shares of D/B/A Chubb Limited New from $144.00 to $152.00 and gave the company an “overweight” rating in a report on Friday, April 28th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Wednesday, April 26th. Barclays PLC increased their price target on shares of D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Keefe, Bruyette & Woods reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Thursday, April 27th. Finally, Royal Bank Of Canada increased their price target on shares of D/B/A Chubb Limited New from $140.00 to $153.00 and gave the company an “outperform” rating in a report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $154.09.

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D/B/A Chubb Limited New (NYSE:CB) traded down 1.27% on Friday, reaching $146.44. 2,126,617 shares of the company were exchanged. The stock has a market capitalization of $68.16 billion, a price-to-earnings ratio of 12.87 and a beta of 0.91. D/B/A Chubb Limited New has a 52 week low of $121.48 and a 52 week high of $150.28. The stock has a 50-day moving average price of $146.35 and a 200 day moving average price of $140.17.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.94%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is currently 24.98%.

In other news, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $149.71, for a total transaction of $748,550.00. Following the completion of the sale, the insider now directly owns 100,822 shares in the company, valued at $15,094,061.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following the sale, the chief executive officer now owns 1,360,382 shares of the company’s stock, valued at $196,888,086.86. The disclosure for this sale can be found here. Insiders have sold a total of 234,390 shares of company stock valued at $34,316,039 over the last 90 days. 0.43% of the stock is currently owned by insiders.

Several large investors have recently modified their holdings of CB. Berkshire Asset Management LLC PA increased its stake in shares of D/B/A Chubb Limited New by 9.8% in the first quarter. Berkshire Asset Management LLC PA now owns 81,344 shares of the financial services provider’s stock worth $11,083,000 after buying an additional 7,229 shares during the period. Integrated Wealth Management increased its stake in shares of D/B/A Chubb Limited New by 5.3% in the first quarter. Integrated Wealth Management now owns 2,497 shares of the financial services provider’s stock worth $340,000 after buying an additional 125 shares during the period. Torch Wealth Management LLC increased its stake in shares of D/B/A Chubb Limited New by 0.9% in the first quarter. Torch Wealth Management LLC now owns 14,620 shares of the financial services provider’s stock worth $1,992,000 after buying an additional 135 shares during the period. Mycio Wealth Partners LLC increased its stake in shares of D/B/A Chubb Limited New by 6.7% in the first quarter. Mycio Wealth Partners LLC now owns 948,275 shares of the financial services provider’s stock worth $129,202,000 after buying an additional 59,485 shares during the period. Finally, Wayne Hummer Investments L.L.C. purchased a new stake in shares of D/B/A Chubb Limited New during the first quarter worth approximately $536,000. Institutional investors and hedge funds own 88.43% of the company’s stock.

About D/B/A Chubb Limited New

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

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Earnings History and Estimates for D/B/A Chubb Limited New (NYSE:CB)

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