Is Cincinnati Financial (CINF) Stock Outpacing Its Finance Peers This Year?

CINF

Investors focused on the Finance space have likely heard of Cincinnati Financial (CINF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Cincinnati Financial is a member of our Finance group, which includes 845 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CINF is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for CINF's full-year earnings has moved 7.73% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, CINF has gained about 46.23% so far this year. Meanwhile, stocks in the Finance group have gained about 16.56% on average. This shows that Cincinnati Financial is outperforming its peers so far this year.

Breaking things down more, CINF is a member of the Insurance - Property and Casualty industry, which includes 42 individual companies and currently sits at #138 in the Zacks Industry Rank. On average, stocks in this group have gained 8.07% this year, meaning that CINF is performing better in terms of year-to-date returns.

CINF will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.

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