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Best Financial Conglomerate Stocks to Buy Now (2024)
Top financial conglomerate stocks in 2024 ranked by overall Zen Score. See the best financial conglomerate stocks to buy now, according to analyst forecasts for the financial conglomerates industry.

Industry: Financial Conglomerates
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
VOYA
VOYA FINANCIAL INC
$7.82B$7.86B$1.04B$651.00M$6.4110.94%3.89%-0.77%17.11%
TREE
LENDINGTREE INC
$633.63M$773.05M-$5.32M-$36.49M-$2.684.44%-6.01%N/AN/A
RILY
B RILEY FINANCIAL INC
$158.14M$1.55B$160.71M-$174.29M-$5.8022.80%27.06%N/AN/A

Financial Conglomerate Stocks FAQ

What are the best financial conglomerate stocks to buy right now in Nov 2024?

According to Zen Score, the 3 best financial conglomerate stocks to buy right now are:

1. Voya Financial (NYSE:VOYA)


Voya Financial (NYSE:VOYA) is the top financial conglomerate stock with a Zen Score of 45, which is 20 points higher than the financial conglomerate industry average of 25. It passed 17 out of 38 due diligence checks and has strong fundamentals. Voya Financial has seen its stock return 19.67% over the past year, overperforming other financial conglomerate stocks by 2 percentage points.

Voya Financial has an average 1 year price target of $85.90, an upside of 5.68% from Voya Financial's current stock price of $81.28.

Voya Financial stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Voya Financial, 50% have issued a Strong Buy rating, 20% have issued a Buy, 30% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Lendingtree (NASDAQ:TREE)


Lendingtree (NASDAQ:TREE) is the second best financial conglomerate stock with a Zen Score of 17, which is -8 points lower than the financial conglomerate industry average of 25. It passed 6 out of 33 due diligence checks and has weak fundamentals. Lendingtree has seen its stock return 206.73% over the past year, overperforming other financial conglomerate stocks by 189 percentage points.

Lendingtree has an average 1 year price target of $67.71, an upside of 42.8% from Lendingtree's current stock price of $47.42.

Lendingtree stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Lendingtree, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. B Riley Financial (NASDAQ:RILY)


B Riley Financial (NASDAQ:RILY) is the third best financial conglomerate stock with a Zen Score of 13, which is -12 points lower than the financial conglomerate industry average of 25. It passed 5 out of 38 due diligence checks and has weak fundamentals. B Riley Financial has seen its stock lose -82.92% over the past year, underperforming other financial conglomerate stocks by -100 percentage points.

What are the financial conglomerate stocks with highest dividends?

Out of 1 financial conglomerate stocks that have issued dividends in the past year, the 1 financial conglomerate stocks with the highest dividend yields are:

1. Voya Financial (NYSE:VOYA)


Voya Financial (NYSE:VOYA) has an annual dividend yield of 2.03%, which is -18 percentage points lower than the financial conglomerate industry average of 20.17%. Voya Financial's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Voya Financial's dividend has shown consistent growth over the last 10 years.

Voya Financial's dividend payout ratio of 25.7% indicates that its dividend yield is sustainable for the long-term.

Why are financial conglomerate stocks down?

Financial conglomerate stocks were down -0.63% in the last day, and up 2.37% over the last week.

We couldn't find a catalyst for why financial conglomerate stocks are down.

What are the most undervalued financial conglomerate stocks?

Based on WallStreetZen's Valuation Score, the 2 most undervalued financial conglomerate stocks right now are:

1. Voya Financial (NYSE:VOYA)


Voya Financial (NYSE:VOYA) is the most undervalued financial conglomerate stock based on WallStreetZen's Valuation Score. Voya Financial has a valuation score of 57, which is 24 points higher than the financial conglomerate industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Voya Financial's stock has gained 19.67% in the past year. It has overperformed other stocks in the financial conglomerate industry by 2 percentage points.

2. B Riley Financial (NASDAQ:RILY)


B Riley Financial (NASDAQ:RILY) is the second most undervalued financial conglomerate stock based on WallStreetZen's Valuation Score. B Riley Financial has a valuation score of 43, which is 10 points higher than the financial conglomerate industry average of 33. It passed 3 out of 7 valuation due diligence checks.

B Riley Financial's stock has dropped -82.92% in the past year. It has underperformed other stocks in the financial conglomerate industry by -100 percentage points.

Are financial conglomerate stocks a good buy now?

100% of financial conglomerate stocks rated by analysts are a buy right now. On average, analysts expect financial conglomerate stocks to rise by 19.36% over the next year.

What is the average p/e ratio of the financial conglomerates industry?

The average P/E ratio of the financial conglomerates industry is 10.2x.
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