WallStreetZenWallStreetZen

Sectors & IndustriesFinancial ServicesInsurance - Property & Casualty
Best Property & Casualty Insurance Stocks to Buy Now (2024)
Top property & casualty insurance stocks in 2024 ranked by overall Zen Score. See the best property & casualty insurance stocks to buy now, according to analyst forecasts for the insurance - property & casualty industry.

Industry: Insurance - Property & Ca...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$5.84B$96.05-0.77%$505.20M16.85x3.01
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.07B$102.24-0.44%$173.25M8.44x3.65
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.36B$117.29-0.78%$3.12B7.75x1.67
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$49.08B$214.35-1.49%$4.20B15.77x4.09
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.29B$1,637.38-0.48%$3.69B8.83x2.61
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.45B$36.37-0.85%$151.85M12.81x3.60
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.44B$35.121.50%$136.10M22.37x10.75
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.09B$83.77-0.34%$123.37M23.53x2.76
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$2.96B$8.79-1.24%$71.12M48.83x11.38
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$8.91B$382.601.18%$444.92M25.14x2.44
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.82B$133.98-0.84%$244.70M29.51x4.79
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$43.88B$166.27-1.66%$2.62B35.99x4.66
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$11.00B$131.150.31%$1.27B12.53x6.08
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.54B$1,770.000.72%$594.90M8.01x1.05
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$102.72B$252.97-0.08%$10.76B11.15x2.82
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.18B$79.62-0.92%$73.31M22.95x1.59
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$16.96B$76.62-0.93%$2.92B11.38x3.95
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$12.09B$44.58-0.13%$1.79B9.73x5.74
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$20.04B$78.37-0.58%$1.97B13.77x3.86
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$585.82M$20.37-0.20%$116.87M7.86x4.81
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$6.64B$145.16-0.34%$429.92M19.86x2.51
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$122.56B$209.25-2.07%$7.84B21.35x3.32
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$431.18M$31.69-2.99%$49.99M12.73x1.62
ACIC
AMERICAN COASTAL INSURANCE CORP
NASDAQ
Insurance - Property & Casualty
$597.86M$12.502.21%$102.70M8.74x4.28
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$276.03M$9.01-0.11%$74.62M5.40x8.07
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$3.18B$57.41-0.05%$349.90M14.76x3.61
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$440.79M$13.20-0.30%$10.81M82.50x3.73
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$326.15M$15.81-0.06%$10.22M63.24x1.64
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$914.41M$61.370.54%-$53.30M-7.87x6.97
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$3.86B$59.91-1.85%$240.20M-31.70x3.88
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.77B$64.241.44%$145.77M41.99x0.95
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.29B$18.36-2.96%-$190.40M-5.88x1.43
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$589.40M$23.302.46%-$9.58M-34.26x3.40
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$49.21M$4.47-2.83%$7.49M149.00x7.90
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$753.45M$14.770.96%$21.53M-27.35x4.08
DOMA
DOMA HOLDINGS INC
NYSE
Insurance - Property & Casualty
$84.63M$6.04-0.33%-$66.96M-0.79x-6.36
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$12.16M$1.000.30%-$23.61M-0.45x116.66

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in May 2024?

According to Zen Score, the 3 best property & casualty insurance stocks to buy right now are:

1. Selective Insurance Group (NASDAQ:SIGI)


Selective Insurance Group (NASDAQ:SIGI) is the top property & casualty insurance stock with a Zen Score of 64, which is 30 points higher than the property & casualty insurance industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -6.77% over the past year, underperforming other property & casualty insurance stocks by -31 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 14% from Selective Insurance Group's current stock price of $96.05.

Selective Insurance Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Selective Insurance Group, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hci Group (NYSE:HCI)


Hci Group (NYSE:HCI) is the second best property & casualty insurance stock with a Zen Score of 59, which is 25 points higher than the property & casualty insurance industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 80.38% over the past year, overperforming other property & casualty insurance stocks by 56 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 29.35% from Hci Group's current stock price of $102.24.

Hci Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Hci Group, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cincinnati Financial (NASDAQ:CINF)


Cincinnati Financial (NASDAQ:CINF) is the third best property & casualty insurance stock with a Zen Score of 54, which is 20 points higher than the property & casualty insurance industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 12.77% over the past year, underperforming other property & casualty insurance stocks by -12 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 5.51% from Cincinnati Financial's current stock price of $117.29.

Cincinnati Financial stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Cincinnati Financial, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the property & casualty insurance stocks with highest dividends?

Out of 23 property & casualty insurance stocks that have issued dividends in the past year, the 3 property & casualty insurance stocks with the highest dividend yields are:

1. Cna Financial (NYSE:CNA)


Cna Financial (NYSE:CNA) has an annual dividend yield of 7.36%, which is 5 percentage points higher than the property & casualty insurance industry average of 2.53%. Cna Financial's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Cna Financial's dividend has shown consistent growth over the last 10 years.

Cna Financial's dividend payout ratio of 80.8% indicates that its high dividend yield is sustainable for the long-term.

2. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 5.17%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.53%. Donegal Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Donegal Group's dividend has shown consistent growth over the last 10 years.

Donegal Group's dividend payout ratio of 318.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.15%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.53%. American Financial Group's dividend payout is not stable, having dropped more than 10% nineteen times in the last 10 years. American Financial Group's dividend has shown consistent growth over the last 10 years.

American Financial Group's dividend payout ratio of 64.6% indicates that its high dividend yield is sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.12% in the last day, and down -1.88% over the last week. Chubb was the among the top losers in the insurance - property & casualty industry, dropping -0.08% yesterday.

Chubb shares are trading higher after a 13F filing showed Berkshire Hathaway added a stake of 25.92 million shares of the stock.

What are the most undervalued property & casualty insurance stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued property & casualty insurance stocks right now are:

1. Selective Insurance Group (NASDAQ:SIGI)


Selective Insurance Group (NASDAQ:SIGI) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Selective Insurance Group has a valuation score of 86, which is 48 points higher than the property & casualty insurance industry average of 38. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -6.77% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -31 percentage points.

2. Loews (NYSE:L)


Loews (NYSE:L) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews has a valuation score of 71, which is 33 points higher than the property & casualty insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Loews's stock has gained 31.24% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 7 percentage points.

3. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Heritage Insurance Holdings has a valuation score of 71, which is 33 points higher than the property & casualty insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 79.84% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 55 percentage points.

Are property & casualty insurance stocks a good buy now?

41.38% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 1.51% over the next year.

What is the average p/e ratio of the insurance - property & casualty industry?

The average P/E ratio of the insurance - property & casualty industry is 17.1x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.