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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
VOYA
VOYA FINANCIAL INC
United States
$7.21B104,468,00134.65%65.35%Net SellingNet Selling
RILY
B RILEY FINANCIAL INC
United States
$464.86M30,582,87110.09%89.91%Net BuyingNet Buying
TREE
LENDINGTREE INC
United States
$455.36M13,002,78654.07%45.93%Net SellingNet Selling

Financial Conglomerate Stocks FAQ

What are the best financial conglomerate stocks to buy right now in Feb 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 34, which is 11 points higher than the financial conglomerate industry average of 23. It passed 12 out of 38 due diligence checks and has average fundamentals. Voya Financial has seen its stock lose -7.32% over the past year, overperforming other financial conglomerate stocks by 16 percentage points.

Voya Financial has an average 1 year price target of $82.17, an upside of 19.1% from Voya Financial's current stock price of $68.99.

Voya Financial stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Voya Financial, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. B Riley Financial (NASDAQ:RILY)


B Riley Financial (NASDAQ:RILY) is the second best financial conglomerate stock with a Zen Score of 24, which is 1 points higher than the financial conglomerate industry average of 23. It passed 8 out of 38 due diligence checks and has weak fundamentals. B Riley Financial has seen its stock lose -62.59% over the past year, underperforming other financial conglomerate stocks by -39 percentage points.

3. Lendingtree (NASDAQ:TREE)


Lendingtree (NASDAQ:TREE) is the third best financial conglomerate stock with a Zen Score of 11, which is -12 points lower than the financial conglomerate industry average of 23. It passed 3 out of 33 due diligence checks and has weak fundamentals. Lendingtree has seen its stock lose -12.38% over the past year, overperforming other financial conglomerate stocks by 11 percentage points.

Lendingtree has an average 1 year price target of $25.25, a downside of -27.9% from Lendingtree's current stock price of $35.02.

Lendingtree stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Lendingtree, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the financial conglomerate stocks with highest dividends?

Out of 2 financial conglomerate stocks that have issued dividends in the past year, the 2 financial conglomerate stocks with the highest dividend yields are:

1. B Riley Financial (NASDAQ:RILY)


B Riley Financial (NASDAQ:RILY) has an annual dividend yield of 26.32%, which is 12 percentage points higher than the financial conglomerate industry average of 14.03%. B Riley Financial's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. B Riley Financial's dividend has shown consistent growth over the last 10 years.

B Riley Financial's dividend payout ratio of -158.7% indicates that its high dividend yield might not be sustainable for the long-term.

2. Voya Financial (NYSE:VOYA)


Voya Financial (NYSE:VOYA) has an annual dividend yield of 1.74%, which is -12 percentage points lower than the financial conglomerate industry average of 14.03%. 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 15.5% indicates that its dividend yield is sustainable for the long-term.

Why are financial conglomerate stocks down?

Financial conglomerate stocks were down -0.99% in the last day, and down -2.87% 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 1 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 43, which is 14 points higher than the financial conglomerate industry average of 29. It passed 3 out of 7 valuation due diligence checks.

Voya Financial's stock has dropped -7.32% in the past year. It has overperformed other stocks in the financial conglomerate industry by 16 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 3.28% 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 8.94x.
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