What is Zacks Research's Forecast for Chubb Q4 Earnings?

Chubb Limited (NYSE:CB - Free Report) - Equities research analysts at Zacks Research cut their Q4 2024 earnings per share (EPS) estimates for Chubb in a research report issued to clients and investors on Tuesday, November 12th. Zacks Research analyst T. De now forecasts that the financial services provider will earn $5.13 per share 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.

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

CB has been the topic of several other reports. Roth Mkm upped their price target on shares of Chubb from $280.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, July 24th. Evercore ISI raised their price objective on Chubb from $289.00 to $293.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Barclays assumed coverage on Chubb in a research note on Wednesday, September 4th. They set an "overweight" rating and a $349.00 price objective on the stock. Jefferies Financial Group increased their price target on shares of Chubb from $294.00 to $295.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Finally, Morgan Stanley upped their target price on shares of Chubb from $295.00 to $300.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $287.37.

Chubb Trading Up 0.4 %

NYSE CB traded up $1.07 during trading on Friday, hitting $288.00. The stock had a trading volume of 1,779,628 shares, compared to its average volume of 1,609,926. The stock has a 50 day simple moving average of $287.84 and a 200 day simple moving average of $272.77. Chubb has a one year low of $216.90 and a one year high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a market capitalization of $116.09 billion, a price-to-earnings ratio of 11.79, a P/E/G ratio of 6.64 and a beta of 0.67.

Insider Transactions at Chubb

In other news, CEO Evan G. Greenberg sold 30,318 shares of the business's stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $289.60, for a total transaction of $8,780,092.80. Following the completion of the transaction, the chief executive officer now directly owns 553,664 shares in the company, valued at approximately $160,341,094.40. The trade was a 5.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Michael G. Atieh sold 261 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $287.49, for a total value of $75,034.89. Following the completion of the transaction, the director now directly owns 39,172 shares of the company's stock, valued at approximately $11,261,558.28. The trade was a 0.66 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,636 shares of company stock worth $24,874,208. 0.86% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Chubb

Institutional investors and hedge funds have recently bought and sold shares of the business. FMR LLC boosted its stake in Chubb by 7.3% in the 3rd quarter. FMR LLC now owns 15,576,485 shares of the financial services provider's stock worth $4,492,103,000 after purchasing an additional 1,052,999 shares during the period. Capital World Investors boosted its position in shares of Chubb by 6.6% in the first quarter. Capital World Investors now owns 10,997,092 shares of the financial services provider's stock worth $2,849,677,000 after buying an additional 685,677 shares during the period. Capital Research Global Investors grew its holdings in shares of Chubb by 44.4% during the first quarter. Capital Research Global Investors now owns 6,713,331 shares of the financial services provider's stock valued at $1,739,625,000 after buying an additional 2,064,730 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Chubb by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,933,389 shares of the financial services provider's stock worth $1,258,202,000 after acquiring an additional 63,891 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Chubb by 2.9% in the 2nd quarter. Legal & General Group Plc now owns 3,679,874 shares of the financial services provider's stock valued at $938,663,000 after purchasing an additional 104,986 shares during the period. 83.81% of the stock is owned by institutional investors and hedge funds.

About Chubb

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.