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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
SIGI
SELECTIVE INSURANCE GROUP INC
$96.410.67%-3.72%-8.20%-2.76%-6.95%-3.51%24.93%36.00%317.90%$109.58$92.0612.02%4.73%0.88644,921-12.16%
HCI
HCI GROUP INC
$110.87-0.80%-3.59%-4.01%21.12%76.85%125.90%49.22%171.61%179.90%$121.57$48.848.80%127.01%0.69124,374-7.57%
CINF
CINCINNATI FINANCIAL CORP
$116.940.67%5.47%-3.59%4.63%15.92%11.97%1.78%21.72%138.56%$124.35$95.015.96%23.08%1.03593,864-32.75%
MKL
MARKEL GROUP INC
$1,581.060.29%10.06%5.81%11.46%18.26%17.71%32.77%48.94%148.52%$1.59k$1.30k0.46%22.03%0.9753,162-52.36%
TRV
TRAVELERS COMPANIES INC
$213.85-0.24%0.19%-6.64%0.36%26.98%19.37%36.57%49.18%135.91%$232.75$157.338.12%35.92%0.811,098,36712.65%
HMN
HORACE MANN EDUCATORS CORP
$37.52-0.87%2.12%2.65%5.99%13.70%15.62%-8.08%-7.84%25.82%$38.29$27.812.01%34.92%0.81225,017-6.81%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$37.585.06%12.31%-1.52%26.70%34.60%74.87%N/AN/AN/A$38.64$21.672.74%73.42%0.63437,307-31.75%
KNSL
KINSALE CAPITAL GROUP INC
$382.372.48%2.06%-15.62%-3.05%12.62%15.94%123.24%367.16%N/A$548.47$297.3330.28%28.60%0.97201,032-16.50%
THG
HANOVER INSURANCE GROUP INC
$133.642.27%3.13%0.50%2.53%14.56%10.39%-4.45%10.36%126.36%$138.00$103.833.16%28.72%0.80252,072-35.51%
CB
CHUBB LTD
$248.54-0.68%1.26%-2.45%-0.28%13.60%25.66%44.49%71.35%143.19%$260.59$183.714.62%35.29%0.841,444,072-7.65%
AFG
AMERICAN FINANCIAL GROUP INC
$127.41-0.21%0.05%-4.30%7.45%15.97%9.91%2.72%23.09%117.65%$137.72$105.227.48%21.09%1.13246,458-41.54%
PLMR
PALOMAR HOLDINGS INC
$80.823.66%1.66%-2.20%38.70%43.40%62.85%19.82%306.33%N/A$86.26$46.096.30%75.35%1.08290,88530.57%
ALL
ALLSTATE CORP
$168.18-0.59%-1.11%-3.02%7.24%27.67%50.83%31.26%70.60%194.43%$177.37$100.575.18%67.22%0.821,667,842-38.91%
WRB
BERKLEY W R CORP
$78.56-0.57%2.49%-9.74%-3.47%15.73%35.22%46.37%91.61%298.11%$89.19$55.5011.91%41.55%0.861,259,612-7.28%
CNA
CNA FINANCIAL CORP
$44.40-0.40%2.68%0.52%-4.35%10.89%10.94%-6.86%-3.01%6.53%$47.37$36.416.27%21.94%0.87205,53911.30%
PGR
PROGRESSIVE CORP
$208.72-0.15%0.33%-0.97%14.57%33.62%66.91%103.51%180.42%739.58%$216.21$111.413.46%87.34%0.632,149,8446.29%
L
LOEWS CORP
$76.40-0.17%1.25%-1.05%4.96%16.13%30.78%33.94%50.28%74.63%$78.55$55.942.74%36.57%1.07574,2571.57%
RLI
RLI CORP
$143.570.29%-0.40%-2.17%4.59%6.25%2.93%27.23%72.58%232.65%$149.20$123.053.77%16.68%0.78136,8171.33%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$19.810.46%1.38%0.76%21.46%22.66%23.20%37.09%-33.41%30.33%$22.38$11.1611.48%77.59%0.87163,183-13.18%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$1,802.57-1.23%1.93%3.22%13.23%23.37%24.38%50.79%91.54%203.26%$1.86k$1.32k2.83%36.66%0.5313,258132.07%
SAFT
SAFETY INSURANCE GROUP INC
$79.40-1.98%0.74%-1.53%-4.07%1.82%10.99%-4.70%-16.32%48.41%$88.72$65.7810.50%20.71%0.6556,36136.89%
MCY
MERCURY GENERAL CORP
$54.70-1.37%5.88%3.97%42.89%50.11%86.94%-13.98%-2.88%13.25%$57.12$27.274.24%100.59%0.73294,265-18.20%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$8.152.26%-20.80%-25.02%40.76%16.43%139.71%-12.37%-39.31%N/A$11.23$3.6627.43%122.68%0.87510,593-73.89%
HGTY
HAGERTY INC
$8.92-0.34%1.83%-0.11%11.36%15.10%-9.90%-10.89%N/AN/A$10.01$7.5210.89%18.62%0.6723,61266.55%
DGICA
DONEGAL GROUP INC
$13.550.22%0.74%-2.10%-6.36%-7.00%-6.68%-11.73%-3.08%-5.57%$15.76$13.1014.00%3.44%0.6227,916-40.90%
ACIC
AMERICAN COASTAL INSURANCE CORP
$10.33-0.86%-3.91%-4.00%-8.58%38.84%124.57%75.98%-32.88%-34.12%$14.25$3.8427.51%168.94%0.84156,00013.51%
ROOT
ROOT INC
$56.29-0.99%-12.59%-17.35%637.75%466.30%1,256.39%-70.66%N/AN/A$86.57$4.2934.98%1,211.51%1.97786,042-50.52%
GBLI
GLOBAL INDEMNITY GROUP LLC
$32.311.00%2.96%7.74%10.27%-7.63%15.39%11.03%2.90%22.71%$37.00$25.2112.68%28.16%0.68197515.63%
NODK
NI HOLDINGS INC
$14.930.81%-0.27%-0.13%11.17%15.47%14.49%-23.44%-8.01%N/A$16.55$12.019.79%24.31%0.673,459-63.25%
STC
STEWART INFORMATION SERVICES CORP
$63.111.14%1.06%-1.59%2.84%34.36%50.69%3.94%47.52%106.44%$65.35$38.403.43%64.37%1.0177,734-33.02%
KMPR
KEMPER CORP
$58.981.01%2.70%0.46%5.70%40.19%33.05%-25.18%-34.97%51.74%$64.69$38.328.83%53.91%0.95437,430-49.27%
LMND
LEMONADE INC
$17.38-2.03%-3.18%4.20%13.52%0.35%56.72%-79.84%N/AN/A$24.81$10.2729.95%69.31%2.161,706,2232.79%
UFCS
UNITED FIRE GROUP INC
$22.64-1.26%1.84%3.81%4.72%14.40%-16.95%-26.76%-48.16%-19.37%$27.57$18.4117.88%22.98%1.0064,847-28.33%
KINS
KINGSTONE COMPANIES INC
$4.23-1.40%-3.86%-8.04%33.44%106.34%230.47%-48.85%-59.87%-37.14%$4.82$1.0512.22%304.78%0.4933,803-45.37%
DOMA
DOMA HOLDINGS INC
$6.050.50%0.00%-0.17%53.55%30.11%-36.99%-97.56%N/AN/A$11.08$3.8645.41%56.74%1.386,103-50.68%
PRA
PROASSURANCE CORP
$13.83-0.65%5.01%10.11%5.81%-22.69%-23.89%-46.19%-63.80%-69.66%$19.38$11.7628.62%17.65%0.82190,627-17.36%
CNFR
CONIFER HOLDINGS INC
$0.910.00%-9.00%-12.50%-32.09%-18.02%-40.91%-70.83%-80.55%N/A$1.80$0.6549.44%40.00%0.25108-92.87%

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% 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. 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.