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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	$97.78	191,625	7.02%	97.94	99.40	102.06	102.17	102.17	43.25	44.97	42.31	55.46	45.15	-1.44	-1.38	-0.06	0.88
HCI	HCI GROUP INC	$99.98	125,668	-67.40%	105.53	109.68	111.98	102.22	83.71	29.81	2.30	3.93	0.00	0.00	-2.85	-1.47	-1.38	0.69
CINF	CINCINNATI FINANCIAL CORP	$120.06	463,504	-19.79%	118.16	117.61	118.75	114.41	108.88	56.92	88.09	84.20	89.18	86.96	0.18	-0.11	0.28	1.03
TRV	TRAVELERS COMPANIES INC	$219.71	1,348,851	-2.53%	217.56	215.57	220.12	214.40	191.69	54.92	70.49	62.62	74.53	65.35	-0.18	-0.88	0.69	0.81
MKL	MARKEL GROUP INC	$1,663.21	23,688	-18.24%	1,634.50	1,559.38	1,517.71	1,483.00	1,466.59	75.00	93.73	92.15	84.17	84.41	47.96	37.85	10.11	0.97
SKWD	SKYWARD SPECIALTY INSURANCE GROUP INC	$36.53	211,867	-38.84%	36.89	36.30	36.40	34.76	31.52	51.14	54.28	57.92	49.74	58.25	0.14	0.16	-0.01	0.62
HMN	HORACE MANN EDUCATORS CORP	$34.85	158,339	-5.23%	36.14	36.61	35.93	35.57	33.16	40.31	10.70	9.13	8.79	6.32	-0.29	0.06	-0.35	0.81
HGTY	HAGERTY INC	$8.70	34,609	-24.10%	8.95	8.91	8.89	8.53	8.45	45.16	15.05	22.60	6.03	8.44	-0.01	0.03	-0.04	0.67
PLMR	PALOMAR HOLDINGS INC	$87.10	317,284	196.90%	84.45	82.25	80.63	72.29	63.45	67.78	84.64	78.46	84.91	75.65	1.76	1.39	0.37	1.09
THG	HANOVER INSURANCE GROUP INC	$137.56	100,912	-7.58%	135.52	133.56	131.44	130.26	122.50	64.45	84.60	78.24	81.10	75.86	1.49	1.15	0.34	0.80
KNSL	KINSALE CAPITAL GROUP INC	$390.92	139,730	10.06%	384.92	395.92	450.87	436.54	409.51	41.46	64.57	48.05	96.57	85.95	-18.64	-21.77	3.14	0.98
ALL	ALLSTATE CORP	$169.51	988,170	-15.68%	169.65	170.52	168.11	161.36	141.37	50.57	25.97	25.67	31.63	20.34	0.21	0.59	-0.39	0.81
AFG	AMERICAN FINANCIAL GROUP INC	$133.55	221,610	-23.91%	131.26	129.81	130.56	126.16	119.43	64.15	89.66	84.35	97.01	92.40	0.87	0.35	0.53	1.13
WTM	WHITE MOUNTAINS INSURANCE GROUP LTD	$1,764.57	6,893	-41.52%	1,812.50	1,795.29	1,771.71	1,701.52	1,606.89	46.77	22.68	23.00	10.29	5.73	4.53	14.70	-10.18	0.53
CB	CHUBB LTD	$274.28	4,128,917	-14.02%	256.43	252.34	252.80	246.82	229.87	78.79	85.02	83.61	90.29	84.09	3.41	1.22	2.19	0.84
SAFT	SAFETY INSURANCE GROUP INC	$80.26	33,097	-17.11%	81.48	80.89	80.32	80.57	76.81	48.32	34.05	35.70	16.19	18.65	0.20	0.29	-0.10	0.65
CNA	CNA FINANCIAL CORP	$45.28	128,334	-30.03%	44.76	44.43	44.19	44.06	42.18	61.44	89.73	84.48	89.00	82.01	0.27	0.19	0.08	0.87
WRB	BERKLEY W R CORP	$79.31	763,936	-18.60%	78.81	78.63	82.52	80.66	73.36	46.79	66.16	66.03	81.13	76.91	-0.91	-1.19	0.29	0.86
L	LOEWS CORP	$77.74	855,154	34.41%	77.48	76.84	76.34	74.52	69.74	58.33	66.77	64.43	49.58	48.58	0.47	0.43	0.04	1.07
RLI	RLI CORP	$148.77	204,945	104.03%	146.75	145.32	144.56	142.51	138.45	60.97	79.36	67.93	69.75	54.72	1.11	0.77	0.35	0.78
UVE	UNIVERSAL INSURANCE HOLDINGS INC	$20.58	140,602	-6.92%	20.40	20.14	19.80	18.54	16.60	60.31	65.00	55.84	67.42	67.01	0.28	0.24	0.04	0.87
DGICA	DONEGAL GROUP INC	$13.35	41,291	11.54%	13.32	13.47	13.62	13.95	14.20	45.24	32.85	24.53	57.97	35.88	-0.12	-0.11	-0.00	0.62
GBLI	GLOBAL INDEMNITY GROUP LLC	$32.28	1,450	63.10%	32.15	31.98	31.16	30.63	32.42	55.46	32.72	46.21	17.48	39.16	0.22	0.29	-0.08	0.67
PGR	PROGRESSIVE CORP	$209.22	1,989,535	-41.78%	212.79	211.48	208.20	193.08	170.29	48.54	29.29	41.40	7.17	17.51	0.93	1.76	-0.83	0.63
HRTG	HERITAGE INSURANCE HOLDINGS INC	$9.44	259,031	17.23%	8.76	9.27	9.49	7.92	7.06	53.88	64.78	60.93	68.87	60.38	-0.13	-0.17	0.04	0.87
ACIC	AMERICAN COASTAL INSURANCE CORP	$13.16	318,590	125.45%	11.72	11.17	10.87	11.15	9.44	76.00	80.51	72.14	100.00	96.90	0.48	0.21	0.27	0.85
MCY	MERCURY GENERAL CORP	$58.20	157,416	-0.73%	57.21	55.76	52.46	47.36	39.83	64.50	93.34	90.66	87.64	82.90	1.63	1.54	0.09	0.73
NODK	NI HOLDINGS INC	$16.09	6,671	27.89%	15.33	15.14	15.03	14.20	13.50	69.12	89.58	86.38	96.76	98.68	0.28	0.14	0.14	0.67
ROOT	ROOT INC	$65.58	613,438	100.46%	62.90	62.46	60.33	37.22	23.63	55.01	30.85	28.27	37.02	30.72	1.20	1.49	-0.29	1.97
UFCS	UNITED FIRE GROUP INC	$23.53	38,833	-39.51%	23.42	22.97	22.29	22.22	21.16	59.05	70.51	63.34	54.00	46.46	0.36	0.32	0.03	1.00
STC	STEWART INFORMATION SERVICES CORP	$64.65	128,869	-0.08%	63.56	63.05	62.13	61.34	53.81	60.04	87.11	79.65	100.00	85.74	0.64	0.46	0.18	1.01
KMPR	KEMPER CORP	$60.85	197,898	-21.34%	60.66	59.64	58.94	57.48	51.16	57.74	82.75	83.22	56.94	65.21	0.70	0.58	0.12	0.94
LMND	LEMONADE INC	$17.97	1,311,481	48.00%	17.73	17.58	16.92	16.90	15.66	54.35	40.11	48.91	53.43	70.51	0.33	0.28	0.05	2.15
KINS	KINGSTONE COMPANIES INC	$4.66	35,425	-49.90%	4.27	4.28	4.18	3.57	2.77	62.23	73.46	62.12	89.84	79.22	0.09	0.05	0.04	0.50
PRA	PROASSURANCE CORP	$14.83	223,282	21.50%	14.65	14.13	13.22	13.19	14.82	62.98	58.35	56.22	50.30	50.86	0.44	0.41	0.03	0.82
DOMA	DOMA HOLDINGS INC	$6.02	17,322	192.31%	6.04	6.04	5.62	4.98	5.11	58.62	23.92	26.82	7.02	12.34	0.10	0.14	-0.04	1.37
CNFR	CONIFER HOLDINGS INC	$0.88	7,924	239.94%	0.92	0.93	1.00	1.13	1.17	44.41	51.09	65.11	59.85	73.46	-0.02	-0.03	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 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.

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. Donegal Group (NASDAQ:DGICA)

3. American Financial Group (NYSE:AFG)

1. Selective Insurance Group (NASDAQ:SIGI)

2. Markel Group (NYSE:MKL)

3. Heritage Insurance Holdings (NYSE:HRTG)

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