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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	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	$101.70	227,812	-75.86%	101.93	103.47	103.65	102.63	102.29	44.57	45.46	46.05	69.81	71.55	-0.48	-0.43	-0.05	0.88
CINF	CINCINNATI FINANCIAL CORP	$118.44	700,281	20.42%	118.54	119.91	117.47	112.16	107.75	48.54	59.95	67.13	61.15	69.64	0.33	0.51	-0.18	1.04
PLMR	PALOMAR HOLDINGS INC	$81.15	161,064	82.65%	78.42	79.23	77.86	68.71	61.56	58.90	83.97	73.91	93.81	86.66	0.71	0.51	0.20	1.08
HCI	HCI GROUP INC	$116.08	106,929	116.48%	112.14	113.35	108.57	98.67	79.87	60.15	66.33	58.62	74.75	64.67	1.15	1.28	-0.13	0.69
SKWD	SKYWARD SPECIALTY INSURANCE GROUP INC	$35.96	174,547	33.04%	35.86	36.66	36.07	34.29	30.58	47.91	41.52	43.94	49.81	49.67	-0.02	0.09	-0.11	0.66
TRV	TRAVELERS COMPANIES INC	$213.99	1,311,472	16.15%	215.24	221.31	221.34	209.21	188.14	40.88	38.18	38.29	31.95	31.90	-2.66	-1.50	-1.16	0.81
KNSL	KINSALE CAPITAL GROUP INC	$453.09	164,881	9.13%	454.49	460.36	490.88	429.67	409.19	40.35	46.88	52.26	77.37	90.10	-9.23	-10.16	0.92	0.99
HMN	HORACE MANN EDUCATORS CORP	$36.76	219,260	-3.29%	35.63	35.77	35.85	35.01	32.58	59.99	90.89	87.64	94.18	98.06	0.22	-0.01	0.24	0.81
AFG	AMERICAN FINANCIAL GROUP INC	$128.71	312,830	-1.37%	127.52	130.13	129.33	124.24	118.61	47.94	50.08	46.96	68.56	65.13	-0.53	-0.40	-0.14	1.13
MCY	MERCURY GENERAL CORP	$54.30	274,874	-15.07%	53.62	52.61	50.13	44.60	37.80	60.18	76.59	85.23	54.64	71.23	1.62	1.44	0.18	0.73
PGR	PROGRESSIVE CORP	$210.07	1,881,969	-28.52%	210.17	209.16	201.70	184.80	163.27	56.42	70.87	78.22	48.73	55.09	2.97	3.14	-0.17	0.64
CB	CHUBB LTD	$245.96	1,920,270	-39.71%	246.49	249.57	252.21	242.00	225.48	43.77	42.57	49.28	58.03	72.34	-1.78	-1.53	-0.25	0.84
MKL	MARKEL GROUP INC	$1,450.95	29,812	-22.02%	1,446.90	1,471.40	1,483.38	1,452.79	1,453.55	43.57	44.49	48.22	72.44	77.08	-9.87	-9.87	-0.01	0.97
CNA	CNA FINANCIAL CORP	$43.66	234,213	79.02%	43.70	43.92	44.14	43.66	41.74	46.85	63.90	73.07	70.51	83.49	-0.06	-0.11	0.05	0.88
L	LOEWS CORP	$76.41	612,203	18.76%	74.97	75.63	75.64	73.29	68.49	56.15	86.46	79.04	96.06	96.40	0.05	-0.15	0.20	1.07
RLI	RLI CORP	$146.59	144,505	-34.14%	140.56	142.53	144.62	140.48	137.71	59.02	87.22	72.42	97.19	91.36	-0.24	-1.14	0.90	0.78
UVE	UNIVERSAL INSURANCE HOLDINGS INC	$20.30	179,981	-9.26%	19.50	19.49	19.44	17.95	16.22	62.37	89.80	85.66	100.00	100.00	0.17	0.06	0.11	0.87
THG	HANOVER INSURANCE GROUP INC	$131.35	174,015	-11.22%	130.10	131.03	131.21	128.85	120.79	51.69	75.14	79.12	83.38	90.53	0.24	-0.08	0.32	0.80
DGICA	DONEGAL GROUP INC	$13.85	48,508	-13.92%	13.66	13.72	13.88	14.10	14.30	52.03	72.80	68.16	80.26	81.00	-0.01	-0.07	0.06	0.62
WTM	WHITE MOUNTAINS INSURANCE GROUP LTD	$1,784.11	8,114	-14.30%	1,734.56	1,743.22	1,759.57	1,649.35	1,586.34	56.28	73.16	63.24	67.26	63.37	1.42	-2.88	4.29	0.53
SAFT	SAFETY INSURANCE GROUP INC	$79.05	35,429	15.44%	80.11	79.78	81.18	80.12	75.93	45.60	65.62	78.70	74.66	88.48	0.03	-0.25	0.28	0.65
HGTY	HAGERTY INC	$8.81	32,426	-3.96%	8.80	8.86	8.78	8.44	8.45	49.67	74.12	72.25	73.44	72.66	0.02	0.02	-0.00	0.68
WRB	BERKLEY W R CORP	$77.91	1,849,986	-34.13%	80.86	83.47	84.24	79.56	71.97	30.12	9.68	17.98	3.28	19.46	-1.57	-0.88	-0.69	0.87
ACIC	AMERICAN COASTAL INSURANCE CORP	$10.94	150,303	-13.26%	10.67	10.81	11.29	10.72	8.92	52.10	45.78	36.78	66.95	52.18	-0.07	-0.10	0.03	0.85
ROOT	ROOT INC	$62.66	229,978	-51.52%	58.50	64.59	47.91	28.80	19.41	55.38	30.43	22.82	26.67	18.09	2.07	4.08	-2.01	2.00
HRTG	HERITAGE INSURANCE HOLDINGS INC	$10.43	162,782	-39.65%	9.72	10.11	8.75	7.70	6.70	62.46	75.77	53.11	79.93	55.67	0.28	0.33	-0.05	0.88
ALL	ALLSTATE CORP	$172.34	1,160,457	-34.11%	169.71	170.44	164.70	156.48	136.50	57.80	77.10	84.42	65.50	67.45	2.14	1.96	0.18	0.82
NODK	NI HOLDINGS INC	$14.85	8,381	110.05%	14.87	14.92	14.60	13.86	13.40	50.09	69.41	70.98	63.76	68.94	0.08	0.10	-0.01	0.67
STC	STEWART INFORMATION SERVICES CORP	$61.64	318,658	149.35%	60.73	61.96	61.75	59.99	52.40	50.26	66.64	63.82	81.31	81.34	-0.03	-0.18	0.15	1.01
LMND	LEMONADE INC	$17.66	1,120,859	11.13%	16.52	16.56	16.87	16.93	15.98	59.96	89.60	67.20	98.31	77.19	0.10	-0.06	0.15	2.16
GBLI	GLOBAL INDEMNITY GROUP LLC	$31.38	256	-46.56%	32.25	31.66	30.21	30.39	32.54	50.53	60.43	71.54	21.91	43.28	0.55	0.67	-0.12	0.69
UFCS	UNITED FIRE GROUP INC	$22.42	67,689	-6.71%	22.19	21.93	22.48	21.86	21.16	54.60	83.89	88.86	83.53	91.59	0.13	-0.00	0.14	1.00
KMPR	KEMPER CORP	$58.71	505,090	-50.12%	57.45	57.95	58.44	55.50	50.27	52.25	74.19	76.80	89.20	96.40	-0.02	-0.29	0.27	0.95
KINS	KINGSTONE COMPANIES INC	$4.03	5,703	-67.34%	4.14	4.30	3.90	3.28	2.51	46.84	30.58	32.93	23.77	25.63	0.05	0.10	-0.05	0.49
DOMA	DOMA HOLDINGS INC	$6.05	23,294	57.48%	6.05	5.98	5.09	4.84	5.25	67.57	57.68	43.97	28.17	21.60	0.29	0.34	-0.05	1.38
PRA	PROASSURANCE CORP	$13.65	268,851	12.60%	13.35	13.14	12.81	13.05	14.99	58.38	87.09	84.42	66.28	67.82	0.28	0.21	0.08	0.82
CNFR	CONIFER HOLDINGS INC	$0.97	647	1,404.65%	0.98	1.01	1.09	1.18	1.22	43.94	24.35	24.40	49.45	49.70	-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 Apr 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 57, which is 27 points higher than the property & casualty insurance industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock return 6.54% over the past year, underperforming other property & casualty insurance stocks by -15 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 7.67% from Selective Insurance Group's current stock price of $101.70.

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. Cincinnati Financial (NASDAQ:CINF)

Cincinnati Financial (NASDAQ:CINF) is the second best property & casualty insurance stock with a Zen Score of 54, which is 24 points higher than the property & casualty insurance industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 14.38% over the past year, underperforming other property & casualty insurance stocks by -7 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 4.48% from Cincinnati Financial's current stock price of $118.44.

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.

3. Palomar Holdings (NASDAQ:PLMR)

Palomar Holdings (NASDAQ:PLMR) is the third best property & casualty insurance stock with a Zen Score of 53, which is 23 points higher than the property & casualty insurance industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Palomar Holdings has seen its stock return 56.21% over the past year, overperforming other property & casualty insurance stocks by 35 percentage points.

Palomar Holdings has an average 1 year price target of $87.50, an upside of 7.83% from Palomar Holdings's current stock price of $81.15.

Palomar Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Palomar Holdings, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% 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 24 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. Proassurance (NYSE:PRA)

Proassurance (NYSE:PRA) has an annual dividend yield of N/A, which is N/A percentage points lower than the property & casualty insurance industry average of 2.57%. Proassurance's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Proassurance's dividend has not shown consistent growth over the last 10 years.

Proassurance's dividend payout ratio of -6.8% indicates that its 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 8.47%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.57%. 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.

3. American Financial Group (NYSE:AFG)

American Financial Group (NYSE:AFG) has an annual dividend yield of 5.25%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.57%. 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 66.4% indicates that its high dividend yield is sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.15% in the last day, and up 1.95% 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 71, which is 41 points higher than the property & casualty insurance industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has gained 6.54% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -15 percentage points.

2. Cincinnati Financial (NASDAQ:CINF)

Cincinnati Financial (NASDAQ:CINF) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Cincinnati Financial has a valuation score of 71, which is 41 points higher than the property & casualty insurance industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Cincinnati Financial's stock has gained 14.38% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -7 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 57, which is 27 points higher than the property & casualty insurance industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Horace Mann Educators's stock has gained 16.15% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -5 percentage points.

Are property & casualty insurance stocks a good buy now?

43.33% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 4.68% 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 4.44x.

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. Cincinnati Financial (NASDAQ:CINF)

3. Palomar Holdings (NASDAQ:PLMR)

1. Proassurance (NYSE:PRA)

2. Cna Financial (NYSE:CNA)

3. American Financial Group (NYSE:AFG)

1. Selective Insurance Group (NASDAQ:SIGI)

2. Cincinnati Financial (NASDAQ:CINF)

3. Horace Mann Educators (NYSE:HMN)

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