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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...

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
SIGI	SELECTIVE INSURANCE GROUP INC	$5.86B	12.30%	3.00%	N/A	3.90%	3.01	N/A	40.40%	7.90%	10.80%
HCI	HCI GROUP INC	$1.11B	35.40%	4.50%	N/A	7.50%	4.27	N/A	53.80%	14.40%	21.53%
CINF	CINCINNATI FINANCIAL CORP	$18.31B	20.50%	7.40%	N/A	9.30%	1.67	N/A	51.20%	22.20%	28.15%
MKL	MARKEL GROUP INC	$20.56B	17.00%	4.60%	N/A	7.00%	2.61	N/A	39.70%	15.00%	20.60%
TRV	TRAVELERS COMPANIES INC	$48.97B	13.70%	2.50%	N/A	3.30%	4.09	N/A	37.30%	7.30%	9.79%
HMN	HORACE MANN EDUCATORS CORP	$1.53B	4.00%	0.30%	N/A	0.60%	10.95	N/A	34.70%	3.00%	5.56%
SKWD	SKYWARD SPECIALTY INSURANCE GROUP INC	$1.50B	17.80%	3.60%	N/A	5.10%	3.60	N/A	43.40%	11.10%	15.40%
KNSL	KINSALE CAPITAL GROUP INC	$8.90B	34.70%	9.70%	N/A	12.00%	2.44	N/A	51.40%	26.30%	33.10%
CB	CHUBB LTD	$100.92B	16.50%	4.20%	N/A	4.90%	2.82	N/A	44.40%	18.00%	20.24%
THG	HANOVER INSURANCE GROUP INC	$4.80B	7.00%	1.10%	N/A	1.60%	4.79	N/A	14.10%	2.70%	3.93%
ALL	ALLSTATE CORP	$44.39B	7.30%	1.20%	N/A	1.80%	4.66	N/A	29.40%	2.10%	3.34%
AFG	AMERICAN FINANCIAL GROUP INC	$10.69B	21.40%	2.90%	N/A	4.00%	6.08	N/A	23.80%	11.00%	14.88%
PLMR	PALOMAR HOLDINGS INC	$2.01B	19.50%	5.20%	N/A	7.10%	2.76	N/A	80.60%	21.80%	29.33%
WRB	BERKLEY W R CORP	$20.08B	21.10%	4.20%	N/A	5.50%	3.86	N/A	48.00%	12.20%	16.63%
CNA	CNA FINANCIAL CORP	$12.03B	13.40%	1.90%	N/A	2.50%	5.54	N/A	35.20%	9.10%	12.37%
RLI	RLI CORP	$6.56B	23.90%	6.50%	N/A	8.10%	2.51	N/A	60.20%	21.00%	26.47%
L	LOEWS CORP	$16.98B	9.70%	1.90%	N/A	2.60%	3.99	N/A	35.50%	9.00%	14.22%
PGR	PROGRESSIVE CORP	$122.24B	21.70%	4.60%	N/A	5.70%	3.37	N/A	26.50%	6.20%	8.33%
UVE	UNIVERSAL INSURANCE HOLDINGS INC	$569.72M	22.70%	3.10%	N/A	5.00%	4.81	N/A	28.90%	5.30%	7.59%
SAFT	SAFETY INSURANCE GROUP INC	$1.17B	2.40%	0.90%	N/A	1.20%	1.60	N/A	31.00%	2.00%	2.71%
WTM	WHITE MOUNTAINS INSURANCE GROUP LTD	$4.61B	12.70%	6.20%	N/A	6.70%	0.90	N/A	64.60%	23.50%	25.68%
MCY	MERCURY GENERAL CORP	$3.03B	14.50%	3.10%	N/A	3.90%	3.61	N/A	27.20%	4.50%	5.79%
HRTG	HERITAGE INSURANCE HOLDINGS INC	$246.28M	26.40%	2.00%	N/A	3.10%	8.78	N/A	42.10%	6.20%	8.59%
HGTY	HAGERTY INC	$2.99B	22.30%	1.10%	1.88%	-309.10%	11.81	1.48	52.80%	1.70%	1.40%
DGICA	DONEGAL GROUP INC	$452.48M	1.10%	0.20%	N/A	0.30%	3.73	N/A	33.60%	0.50%	0.70%
ACIC	AMERICAN COASTAL INSURANCE CORP	$493.77M	255.40%	24.30%	N/A	27.00%	5.28	N/A	74.50%	108.20%	115.36%
ROOT	ROOT INC	$838.72M	-62.40%	-8.60%	N/A	-6.90%	6.97	N/A	32.10%	-17.60%	-10.33%
NODK	NI HOLDINGS INC	$307.79M	-2.20%	-0.80%	N/A	-0.80%	1.62	N/A	33.20%	-1.50%	-1.23%
GBLI	GLOBAL INDEMNITY GROUP LLC	$438.74M	3.90%	1.40%	N/A	1.90%	1.67	N/A	45.20%	4.70%	6.24%
STC	STEWART INFORMATION SERVICES CORP	$1.73B	2.20%	1.10%	N/A	3.60%	0.97	N/A	27.40%	1.40%	2.96%
KMPR	KEMPER CORP	$3.80B	-4.80%	-0.90%	N/A	1.50%	3.88	N/A	5.10%	-2.50%	4.10%
UFCS	UNITED FIRE GROUP INC	$572.28M	-4.20%	-1.00%	N/A	-1.20%	3.29	N/A	29.80%	-2.70%	-3.33%
LMND	LEMONADE INC	$1.23B	-30.30%	-13.40%	N/A	-15.50%	1.43	N/A	23.80%	-48.10%	-46.35%
KINS	KINGSTONE COMPANIES INC	$46.56M	-19.50%	-1.90%	N/A	-1.00%	8.21	N/A	42.50%	-4.30%	-2.33%
DOMA	DOMA HOLDINGS INC	$84.02M	-2,447.20%	-43.90%	N/A	-30.50%	-10.27	N/A	14.20%	-40.00%	-33.31%
PRA	PROASSURANCE CORP	$704.92M	-3.50%	-0.70%	N/A	-0.30%	4.07	N/A	29.60%	-3.40%	-1.41%
CNFR	CONIFER HOLDINGS INC	$11.12M	-192.30%	-8.70%	N/A	-7.30%	106.93	N/A	16.60%	-26.20%	-22.97%

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)

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