WallStreetZenWallStreetZen

Sectors & IndustriesFinancial ServicesInsurance - Property & Casualty
Best Property & Casualty Insurance Stocks to Buy Now (2022)
Top property & casualty insurance stocks in 2022 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
NMIH
NMI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$1.87B$22.02-0.59%$383.53M7.15x0.57
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.29B$90.76-0.50%$62.68M50.14x1.78
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$5.11B$84.66-1.10%$414.79M19.69x2.98
AXS
AXIS CAPITAL HOLDINGS LTD
NYSE
Insurance - Property & Casualty
$4.42B$52.250.64%$581.61M10.71x4.87
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.23B$45.44-2.89%$441.68M4.16x1.04
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$15.39B$96.640.47%$784.00M29.11x1.77
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$6.22B$271.610.65%$179.38M42.91x2.47
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.21B$82.22-1.59%$101.52M16.64x1.38
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$11.01B$129.28-0.87%$1.48B10.64x5.91
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$38.10B$160.54-0.58%$4.63B11.05x4.10
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.49B$36.41-1.99%$100.10M26.01x9.92
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$79.61B$190.63-1.11%$9.23B11.40x2.79
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$439.28M$13.59-1.38%$9.66M123.55x3.40
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$18.03B$67.98-0.26%$1.87B14.20x4.02
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$35.95B$133.000.14%$2.44B45.86x3.79
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.76B$133.65-1.10%$453.60M14.65x4.29
MKL
MARKEL CORP
NYSE
Insurance - Property & Casualty
$15.54B$1,148.80-1.90%$682.20M611.06x2.72
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$754.39M$29.95-0.17%$88.53M11.39x2.70
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$71.56B$122.34-1.29%$1.67B86.15x3.67
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$4.77B$105.08-1.11%$219.72M27.87x3.22
Y
ALLEGHANY CORP
NYSE
Insurance - Property & Casualty
$11.34B$843.11-0.02%$777.41M32.68x2.87
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$1.08B$19.93-0.65%$102.54M27.68x4.04
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$10.50B$38.69-1.07%$1.43B10.13x5.54
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$12.72B$52.80-0.73%$2.28B12.22x3.99
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$2.97B$8.90-6.51%$9.07M-0.15x11.73
ARGO
ARGO GROUP INTERNATIONAL HOLDINGS LTD
NYSE
Insurance - Property & Casualty
$721.77M$20.610.49%-$34.40M-5.94x5.76
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$61.91M$2.33-4.51%-$174.70M-0.34x10.24
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$312.69M$10.18-0.20%$5.41M-113.11x5.50
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$27.89M$2.62-0.76%-$24.01M-1.20x5.51
FGF
FG FINANCIAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$15.24M$1.630.00%-$17.62M-0.50x0.35
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$1.65B$29.821.22%-$387.99M-4.39x2.91
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$353.37M$39.07-2.15%-$7.08M-23.40x3.97
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$2.84B$44.54-1.55%-$240.30M-8.13x3.90
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.59B$23.08-2.04%-$265.10M-5.09x0.72
FNHC
FEDNAT HOLDING CO
NASDAQ
Insurance - Property & Casualty
$3.99M$0.23-22.97%-$112.44M-0.03x84.01
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$316.74M$21.71-0.96%$6.99M-31.93x1.90
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$19.54M$1.60-1.23%-$9.57M-1.18x15.20
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$128.77M$9.094.60%-$370.30M-0.31x2.53
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$288.25M$13.61-2.72%-$52.64M-6.81x1.50
HALL
HALLMARK FINANCIAL SERVICES INC
NASDAQ
Insurance - Property & Casualty
$26.00M$1.438.33%-$52.00M-0.36x14.21
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.00B$1,374.380.72%-$391.20M-8.82x1.25
UIHC
UNITED INSURANCE HOLDINGS CORP
NASDAQ
Insurance - Property & Casualty
$26.29M$0.61-13.29%-$73.17M-0.22x13.94
UNAM
UNICO AMERICAN CORP
NASDAQ
Insurance - Property & Casualty
$6.47M$1.22-4.69%-$8.56M-0.63x3.86

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in Oct 2022?

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

1. Nmi Holdings (NASDAQ:NMIH)


Nmi Holdings (NASDAQ:NMIH) is the top property & casualty insurance stock with a Zen Score of 57, which is 28 points higher than the property & casualty insurance industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Nmi Holdings has seen its stock lose -3.76% over the past year, underperforming other property & casualty insurance stocks by -9 percentage points.

Nmi Holdings has an average 1 year price target of $27.63, an upside of 25.45% from Nmi Holdings's current stock price of $22.02.

Nmi Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Nmi Holdings, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Palomar Holdings (NASDAQ:PLMR)


Palomar Holdings (NASDAQ:PLMR) is the second best property & casualty insurance stock with a Zen Score of 53, which is 24 points higher than the property & casualty insurance industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Palomar Holdings has seen its stock return 13.21% over the past year, overperforming other property & casualty insurance stocks by 8 percentage points.

Palomar Holdings has an average 1 year price target of $89.50, a downside of -1.39% from Palomar Holdings's current stock price of $90.76.

Palomar Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Palomar Holdings, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Axis Capital Holdings (NYSE:AXS)


Axis Capital Holdings (NYSE:AXS) is the third best property & casualty insurance stock with a Zen Score of 50, which is 21 points higher than the property & casualty insurance industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Axis Capital Holdings has seen its stock return 11.38% over the past year, overperforming other property & casualty insurance stocks by 6 percentage points.

Axis Capital Holdings has an average 1 year price target of $62.00, an upside of 18.66% from Axis Capital Holdings's current stock price of $52.25.

Axis Capital Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Axis Capital Holdings, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% 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 29 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. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 14.11%, which is 10 percentage points higher than the property & casualty insurance industry average of 4.39%. American Financial Group's dividend payout is not stable, having dropped more than 10% eighteen 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 183% indicates that its high dividend yield might not be sustainable for the long-term.

2. Cna Financial (NYSE:CNA)


Cna Financial (NYSE:CNA) has an annual dividend yield of 9.25%, which is 5 percentage points higher than the property & casualty insurance industry average of 4.39%. 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 93.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) has an annual dividend yield of 7.73%, which is 3 percentage points higher than the property & casualty insurance industry average of 4.39%. Heritage Insurance Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Heritage Insurance Holdings's dividend has shown consistent growth over the last 10 years.

Heritage Insurance Holdings's dividend payout ratio of -3.5% 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 -0.49% in the last day, and up 4.04% over the last week. Fednat Holding Co was the among the top losers in the insurance - property & casualty industry, dropping -22.97% yesterday.

Shares of several banks and financial services companies are trading lower as stocks pull back following strength earlier in the week.

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. Nmi Holdings (NASDAQ:NMIH)


Nmi Holdings (NASDAQ:NMIH) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Nmi Holdings has a valuation score of 86, which is 46 points higher than the property & casualty insurance industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Nmi Holdings's stock has dropped -3.76% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -9 percentage points.

2. Axis Capital Holdings (NYSE:AXS)


Axis Capital Holdings (NYSE:AXS) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Axis Capital Holdings has a valuation score of 71, which is 31 points higher than the property & casualty insurance industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Axis Capital Holdings's stock has gained 11.38% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 6 percentage points.

3. Horace Mann Educators (NYSE:HMN)


Horace Mann Educators (NYSE:HMN) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Horace Mann Educators has a valuation score of 71, which is 31 points higher than the property & casualty insurance industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Horace Mann Educators's stock has dropped -9.59% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -15 percentage points.

Are property & casualty insurance stocks a good buy now?

36.84% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 15.75% 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 54.63x.
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.