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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
$5.86B$96.35-0.95%$505.20M16.90x3.01
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.03B$98.51-0.99%$173.25M8.13x3.65
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.33B$117.11-1.44%$3.12B7.74x1.67
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$48.60B$212.24-1.99%$4.20B15.62x4.09
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.43B$35.76-0.56%$151.85M12.59x3.60
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.01B$1,616.13-1.94%$3.69B8.72x2.61
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.04B$81.67-1.36%$123.37M22.94x2.76
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.38B$33.65-1.46%$136.10M21.43x10.75
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$3.01B$8.95-0.22%$71.12M49.72x11.38
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.79B$133.13-0.58%$244.70M29.32x4.79
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$9.01B$387.24-1.57%$444.92M25.44x2.44
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$43.28B$164.00-1.31%$2.62B35.50x4.66
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$106.83B$263.08-1.63%$10.76B11.59x2.82
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$10.78B$128.57-2.15%$1.27B12.28x6.08
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.41B$1,718.81-3.13%$594.90M7.78x1.05
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$16.42B$74.16-2.28%$2.92B11.02x3.95
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.14B$76.80-2.22%$73.31M22.13x1.59
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$11.95B$44.04-1.23%$1.79B9.62x5.74
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$20.16B$78.85-1.55%$1.97B13.86x3.86
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$6.63B$144.98-1.78%$429.92M19.83x2.51
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$564.25M$19.62-1.90%$116.87M7.58x4.81
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$421.06M$30.95-0.29%$49.99M12.43x1.62
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$119.00B$203.18-1.53%$7.84B20.73x3.32
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$435.12M$13.03-2.40%$10.81M81.44x3.73
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$250.91M$8.19-4.21%$74.62M4.90x8.07
ACIC
AMERICAN COASTAL INSURANCE CORP
NASDAQ
Insurance - Property & Casualty
$618.42M$12.93-4.22%$102.70M9.04x4.28
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$3.14B$56.64-4.10%$349.90M14.56x3.61
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$316.46M$15.340.26%$10.22M61.36x1.64
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$833.06M$55.91-7.98%-$53.30M-7.17x6.97
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$571.94M$22.61-1.65%-$9.58M-33.25x3.40
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.75B$63.38-1.99%$145.77M41.42x0.95
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$3.79B$58.87-1.32%$240.20M-31.15x3.88
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.13B$16.08-3.37%-$190.40M-5.15x1.43
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$56.03M$5.094.95%$7.49M169.67x7.90
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$743.25M$14.57-0.55%$21.53M-26.98x4.08
BOW
BOWHEAD SPECIALTY HOLDINGS INC
NYSE
Insurance - Property & Casualty
N/A$23.80N/AN/AN/A4.54
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$11.00M$0.90-2.70%-$23.61M-0.41x116.66
DOMA
DOMA HOLDINGS INC
NYSE
Insurance - Property & Casualty
$84.35M$6.02-0.33%-$66.96M-0.79x-6.36

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 -5.14% over the past year, underperforming other property & casualty insurance stocks by -30 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 13.65% from Selective Insurance Group's current stock price of $96.35.

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 73.62% over the past year, overperforming other property & casualty insurance stocks by 49 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 34.25% from Hci Group's current stock price of $98.51.

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 14.02% over the past year, underperforming other property & casualty insurance stocks by -11 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 5.67% from Cincinnati Financial's current stock price of $117.11.

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 8.45%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.61%. Cna Financial's dividend payout is not stable, having dropped more than 10% nine 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. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.26%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.61%. 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.

3. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 5.24%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.61%. 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.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -2.18% in the last day, and down -1.81% over the last week.

We couldn't find a catalyst for why property & casualty insurance stocks are down.

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 49 points higher than the property & casualty insurance industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -5.14% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -30 percentage points.

2. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Heritage Insurance Holdings has a valuation score of 71, which is 34 points higher than the property & casualty insurance industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 63.8% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 39 percentage points.

3. Loews (NYSE:L)


Loews (NYSE:L) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews has a valuation score of 71, which is 34 points higher than the property & casualty insurance industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Loews's stock has gained 28.06% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 3 percentage points.

Are property & casualty insurance stocks a good buy now?

42.86% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 5.17% 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 16.9x.
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.