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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 ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$5.94B$97.78-0.14%$505.20M17.15x3.01
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.05B$99.98-0.97%$173.25M8.26x3.65
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.80B$120.061.30%$3.12B7.94x1.67
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$50.31B$219.710.22%$4.20B16.17x4.09
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.63B$1,663.210.64%$3.69B8.97x2.61
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.46B$36.530.74%$151.85M12.86x3.60
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.43B$34.850.03%$136.10M22.20x10.75
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$2.93B$8.701.52%$71.12M48.33x11.38
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.17B$87.102.11%$123.37M24.47x2.76
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.94B$137.560.79%$244.70M30.30x4.79
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$9.10B$390.921.84%$444.92M25.68x2.44
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$44.74B$169.510.25%$2.62B36.69x4.66
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$11.20B$133.550.01%$1.27B12.76x6.08
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.53B$1,764.571.63%$594.90M7.99x1.05
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$111.37B$274.283.55%$10.76B12.09x2.82
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.19B$80.26-0.88%$73.31M23.13x1.59
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$12.28B$45.280.56%$1.79B9.89x5.74
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$20.28B$79.310.92%$1.97B13.94x3.86
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$17.21B$77.740.70%$2.92B11.55x3.95
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$6.80B$148.770.89%$429.92M20.35x2.51
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$591.86M$20.580.24%$116.87M7.95x4.81
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$445.80M$13.350.15%$10.81M83.44x3.73
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$439.15M$32.282.28%$49.99M12.96x1.62
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$122.54B$209.221.07%$7.84B21.35x3.32
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$289.21M$9.442.50%$74.62M5.65x8.07
ACIC
AMERICAN COASTAL INSURANCE CORP
NASDAQ
Insurance - Property & Casualty
$629.42M$13.164.44%$102.70M9.20x4.28
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$3.22B$58.200.41%$349.90M14.96x3.61
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$331.93M$16.09-0.56%$10.22M64.36x1.64
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$977.14M$65.586.10%-$53.30M-8.41x6.97
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$595.21M$23.53-0.21%-$9.58M-34.60x3.40
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.78B$64.650.40%$145.77M42.25x0.95
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$3.92B$60.850.07%$240.20M-32.20x3.88
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.27B$17.971.53%-$190.40M-5.76x1.43
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$51.30M$4.660.22%$7.49M155.33x7.90
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$756.51M$14.831.37%$21.53M-27.46x4.08
DOMA
DOMA HOLDINGS INC
NYSE
Insurance - Property & Casualty
$84.35M$6.02-0.66%-$66.96M-0.79x-6.36
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$10.76M$0.880.11%-$23.61M-0.40x116.66
1

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 -4.08% over the past year, underperforming other property & casualty insurance stocks by -32 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 11.99% from Selective Insurance Group's current stock price of $97.78.

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 75.37% over the past year, overperforming other property & casualty insurance stocks by 47 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 32.28% from Hci Group's current stock price of $99.98.

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 16.91% 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 3.07% from Cincinnati Financial's current stock price of $120.06.

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 8.22%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.54%. 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. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 5.11%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.54%. 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.

3. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.06%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.54%. 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.

Why are property & casualty insurance stocks up?

Property & casualty insurance stocks were up 1.13% in the last day, and down -0.63% over the last week. Chubb was the among the top gainers in the insurance - property & casualty industry, gaining 3.55% yesterday.

Chubb shares are trading higher after the company increased its quarterly dividend. Additionally, Berkshire Hathaway added a stake of 25.92 million shares of the stock.

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 48 points higher than the property & casualty insurance industry average of 38. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -4.08% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -32 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 33 points higher than the property & casualty insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Markel Group's stock has gained 23.38% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -5 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 33 points higher than the property & casualty insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 85.1% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 57 percentage points.

Are property & casualty insurance stocks a good buy now?

41.38% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to fall by -0.51% 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 17.39x.
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