Sectors & Industries Financial 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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
SIGI	SELECTIVE INSURANCE GROUP INC	$96.41	644,921	-12.16%	100.86	101.60	103.25	102.45	102.42	34.31	38.10	38.99	28.60	43.42	-1.34	-0.79	-0.55	0.88
HCI	HCI GROUP INC	$110.87	124,374	-7.57%	113.83	112.85	110.57	100.29	81.50	45.57	46.68	61.25	22.58	43.73	0.59	1.03	-0.44	0.69
CINF	CINCINNATI FINANCIAL CORP	$116.94	593,864	-32.75%	117.07	117.89	117.89	112.90	108.23	48.42	57.59	52.83	63.51	57.68	-0.66	-0.36	-0.30	1.03
MKL	MARKEL GROUP INC	$1,581.06	53,162	-52.36%	1,484.26	1,468.98	1,487.14	1,458.94	1,456.72	71.50	92.69	77.30	100.00	90.88	10.52	-3.68	14.19	0.97
TRV	TRAVELERS COMPANIES INC	$213.85	1,098,367	12.65%	213.59	216.57	220.64	211.06	189.47	42.57	51.35	48.43	69.94	62.96	-2.47	-2.35	-0.12	0.81
HMN	HORACE MANN EDUCATORS CORP	$37.52	225,017	-6.81%	37.08	36.01	35.90	35.25	32.84	63.74	90.97	90.84	94.61	93.16	0.51	0.31	0.21	0.81
SKWD	SKYWARD SPECIALTY INSURANCE GROUP INC	$37.58	437,307	-31.75%	35.70	35.92	36.21	34.43	30.90	59.52	71.29	55.60	87.26	72.88	-0.09	-0.16	0.07	0.63
KNSL	KINSALE CAPITAL GROUP INC	$382.37	201,032	-16.50%	406.93	429.26	478.15	431.79	409.23	31.84	18.07	13.39	39.49	27.16	-28.00	-21.44	-6.56	0.97
CB	CHUBB LTD	$248.54	1,444,072	-7.65%	248.24	247.53	251.89	243.38	227.21	48.56	72.85	72.22	90.32	90.11	-0.75	-1.20	0.45	0.84
THG	HANOVER INSURANCE GROUP INC	$133.64	252,072	-35.51%	131.59	130.47	130.71	129.10	121.38	57.66	57.20	51.32	73.64	60.05	0.28	0.06	0.22	0.80
ALL	ALLSTATE CORP	$168.18	1,667,842	-38.91%	171.39	169.59	165.79	158.35	138.47	48.28	53.19	56.53	40.05	45.36	1.01	1.54	-0.53	0.82
AFG	AMERICAN FINANCIAL GROUP INC	$127.41	246,458	-41.54%	128.36	128.23	129.77	124.95	118.94	44.65	59.51	61.01	72.86	73.61	-0.61	-0.55	-0.06	1.13
PLMR	PALOMAR HOLDINGS INC	$80.82	290,885	30.57%	80.04	78.43	78.71	69.80	62.22	56.09	60.09	60.06	48.90	49.70	0.43	0.49	-0.05	1.08
WRB	BERKLEY W R CORP	$78.56	1,259,612	-7.28%	78.46	80.58	83.61	79.88	72.51	39.46	30.51	23.38	55.08	39.62	-1.80	-1.64	-0.17	0.86
CNA	CNA FINANCIAL CORP	$44.40	205,539	11.30%	44.11	43.85	44.02	43.77	41.92	54.32	85.87	76.86	95.35	86.48	0.06	-0.04	0.10	0.87
RLI	RLI CORP	$143.57	136,817	1.33%	143.88	141.40	144.65	140.95	137.94	51.68	61.99	57.36	69.76	66.48	-0.07	-0.41	0.34	0.78
L	LOEWS CORP	$76.40	574,257	1.57%	76.21	75.26	75.83	73.67	68.96	54.86	83.97	75.40	84.14	76.25	0.16	0.03	0.14	1.07
PGR	PROGRESSIVE CORP	$208.72	2,149,844	6.29%	210.18	208.89	203.99	187.59	165.92	52.17	45.45	47.01	26.57	26.07	1.56	2.20	-0.64	0.63
UVE	UNIVERSAL INSURANCE HOLDINGS INC	$19.81	163,183	-13.18%	19.88	19.49	19.74	18.13	16.35	53.32	31.89	29.92	58.31	54.41	0.13	0.11	0.02	0.87
SAFT	SAFETY INSURANCE GROUP INC	$79.40	56,361	36.89%	80.31	79.51	80.38	80.19	76.28	47.34	43.55	44.35	49.08	50.63	-0.08	-0.14	0.06	0.65
WTM	WHITE MOUNTAINS INSURANCE GROUP LTD	$1,802.57	13,258	132.07%	1,778.08	1,752.67	1,762.67	1,667.42	1,595.00	57.10	82.66	87.73	91.92	90.05	15.50	7.16	8.34	0.53
MCY	MERCURY GENERAL CORP	$54.70	294,265	-18.20%	54.31	53.13	50.76	45.46	38.52	57.55	61.68	51.12	37.80	28.98	1.16	1.23	-0.07	0.73
HRTG	HERITAGE INSURANCE HOLDINGS INC	$8.15	510,593	-73.89%	9.78	9.75	9.13	7.75	6.85	33.82	45.22	58.25	27.25	48.44	-0.05	0.20	-0.25	0.87
HGTY	HAGERTY INC	$8.92	23,612	66.55%	8.88	8.82	8.84	8.45	8.45	52.58	70.03	70.20	71.71	73.55	0.03	0.02	0.01	0.67
DGICA	DONEGAL GROUP INC	$13.55	27,916	-40.90%	13.63	13.59	13.74	14.05	14.28	46.95	34.89	31.40	40.19	36.29	-0.07	-0.07	-0.01	0.62
ACIC	AMERICAN COASTAL INSURANCE CORP	$10.33	156,000	13.51%	10.63	10.75	10.98	10.84	9.11	42.14	30.49	32.57	41.18	44.83	-0.11	-0.09	-0.02	0.84
ROOT	ROOT INC	$56.29	786,042	-50.52%	62.02	63.50	54.43	31.97	21.01	46.02	31.03	45.48	42.56	66.62	1.78	2.91	-1.13	1.97
NODK	NI HOLDINGS INC	$14.93	3,459	-63.25%	14.95	14.91	14.76	13.97	13.43	51.64	45.10	45.62	23.81	24.97	0.04	0.06	-0.02	0.67
GBLI	GLOBAL INDEMNITY GROUP LLC	$32.31	197	515.63%	31.82	32.13	30.65	30.36	32.51	61.03	64.06	42.76	59.30	36.78	0.35	0.44	-0.09	0.68
STC	STEWART INFORMATION SERVICES CORP	$63.11	77,734	-33.02%	62.54	61.53	61.84	60.61	52.97	55.27	63.24	60.72	71.44	68.44	0.24	0.07	0.16	1.01
KMPR	KEMPER CORP	$58.98	437,430	-49.27%	58.62	57.64	58.41	56.23	50.62	53.41	57.11	55.23	61.95	62.53	0.10	-0.05	0.15	0.95
UFCS	UNITED FIRE GROUP INC	$22.64	64,847	-28.33%	22.51	22.17	22.27	21.93	21.15	56.18	80.63	71.92	76.34	62.02	0.16	0.09	0.07	1.00
LMND	LEMONADE INC	$17.38	1,706,223	2.79%	17.43	16.90	16.87	16.91	15.89	54.27	64.18	63.64	67.99	69.23	0.27	0.17	0.10	2.16
KINS	KINGSTONE COMPANIES INC	$4.23	33,803	-45.37%	4.30	4.26	4.04	3.38	2.61	50.87	38.62	48.87	38.53	55.16	0.08	0.09	-0.01	0.49
DOMA	DOMA HOLDINGS INC	$6.05	6,103	-50.68%	6.05	6.05	5.31	4.87	5.22	65.85	31.37	34.64	9.49	6.69	0.20	0.25	-0.06	1.38
PRA	PROASSURANCE CORP	$13.83	190,627	-17.36%	13.61	13.42	12.84	13.09	14.92	59.09	74.11	63.22	54.58	38.48	0.24	0.22	0.02	0.82
CNFR	CONIFER HOLDINGS INC	$0.91	108	-92.87%	0.94	0.95	1.04	1.16	1.20	41.06	14.68	12.04	18.83	15.90	-0.04	-0.04	-0.00	0.25

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 32 points higher than the property & casualty insurance industry average of 32. It passed 23 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -3.51% over the past year, underperforming other property & casualty insurance stocks by -28 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 13.58% from Selective Insurance Group's current stock price of $96.41.

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 55, which is 23 points higher than the property & casualty insurance industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 125.9% over the past year, overperforming other property & casualty insurance stocks by 102 percentage points.

Hci Group has an average 1 year price target of $128.50, an upside of 15.9% from Hci Group's current stock price of $110.87.

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 22 points higher than the property & casualty insurance industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 11.97% 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 5.82% from Cincinnati Financial's current stock price of $116.94.

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 8.33%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.52%. 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 64.9% 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 5.31%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.52%. American Financial Group's dividend payout is not stable, having dropped more than 10% twenty 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. Safety Insurance Group (NASDAQ:SAFT)

Safety Insurance Group (NASDAQ:SAFT) has an annual dividend yield of 4.53%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.52%. Safety Insurance Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Safety Insurance Group's dividend has shown consistent growth over the last 10 years.

Safety Insurance Group's dividend payout ratio of 210.9% 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 -0.11% in the last day, and up 3.3% 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 51 points higher than the property & casualty insurance industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -3.51% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -28 percentage points.

2. Markel Group (NYSE:MKL)

Markel Group (NYSE:MKL) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Markel Group has a valuation score of 71, which is 36 points higher than the property & casualty insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Markel Group's stock has gained 17.71% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -6 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 36 points higher than the property & casualty insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 139.71% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 116 percentage points.

Are property & casualty insurance stocks a good buy now?

40% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 3.05% 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 19.97x.

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.

Property & Casualty Insurance Stocks FAQ

1. Selective Insurance Group (NASDAQ:SIGI)

2. Hci Group (NYSE:HCI)

3. Cincinnati Financial (NASDAQ:CINF)

1. Cna Financial (NYSE:CNA)

2. American Financial Group (NYSE:AFG)

3. Safety Insurance Group (NASDAQ:SAFT)

1. Selective Insurance Group (NASDAQ:SIGI)

2. Markel Group (NYSE:MKL)

3. Heritage Insurance Holdings (NYSE:HRTG)

Company

Stock Tools

Stock Ideas