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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
$100.40-1.45%-3.53%-1.76%-3.01%-6.08%3.85%30.39%46.53%347.22%$109.58$91.998.38%9.14%0.88426,86750.55%
PLMR
PALOMAR HOLDINGS INC
$76.900.56%-0.05%-7.35%25.37%44.41%43.20%7.37%304.95%N/A$86.26$46.0910.85%66.85%1.09138,39811.12%
HCI
HCI GROUP INC
$109.91-1.69%-2.63%0.24%24.57%83.52%115.51%46.70%163.57%204.29%$121.57$48.089.59%128.60%0.69145,91369.30%
KNSL
KINSALE CAPITAL GROUP INC
$451.41-0.19%0.80%-12.49%14.94%-0.10%42.16%173.00%559.19%N/A$548.47$297.3317.70%51.82%0.99151,58420.18%
CINF
CINCINNATI FINANCIAL CORP
$115.30-1.51%-4.58%-2.47%7.46%10.81%7.24%7.54%33.34%136.42%$124.35$95.017.28%21.36%1.04875,78265.78%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$34.66-2.61%-5.46%-4.60%7.21%18.90%63.80%N/AN/AN/A$38.64$20.8110.30%66.55%0.68164,528-37.31%
TRV
TRAVELERS COMPANIES INC
$206.58-7.41%-7.93%-6.91%4.60%21.98%20.61%33.81%52.04%138.32%$232.75$157.3311.24%31.30%0.815,721,560305.57%
HMN
HORACE MANN EDUCATORS CORP
$34.48-0.12%-2.07%-1.93%3.33%7.58%3.61%-17.71%-7.86%20.77%$38.29$27.819.95%23.98%0.81328,30051.52%
AFG
AMERICAN FINANCIAL GROUP INC
$124.57-1.86%-3.64%-4.29%6.73%11.07%2.83%4.35%25.41%117.86%$137.72$105.229.55%18.39%1.13298,680-25.55%
CB
CHUBB LTD
$243.53-0.69%-1.80%-5.48%6.69%12.68%22.86%50.60%76.74%141.26%$260.59$183.716.54%32.56%0.841,792,44642.59%
PGR
PROGRESSIVE CORP
$209.120.37%1.44%1.31%23.09%31.57%51.09%110.62%174.58%772.79%$212.24$111.411.47%87.70%0.643,554,54821.88%
MCY
MERCURY GENERAL CORP
$52.03-2.51%1.42%9.21%32.32%66.34%72.11%-21.06%1.52%13.03%$54.59$26.154.69%98.97%0.73273,1120.03%
L
LOEWS CORP
$73.14-0.25%-2.25%-4.98%3.10%11.66%27.87%34.80%48.54%66.42%$78.55$55.316.89%32.24%1.07803,11525.47%
RLI
RLI CORP
$135.70-1.57%-4.14%-6.52%-3.31%-3.23%2.07%18.23%85.13%215.43%$149.65$123.059.32%10.28%0.78171,478-1.25%
CNA
CNA FINANCIAL CORP
$42.81-1.04%-2.73%-3.04%0.66%3.31%7.11%-8.33%-3.78%0.54%$47.37$36.419.63%17.58%0.88160,3231.79%
MKL
MARKEL GROUP INC
$1,428.510.34%-4.13%-5.38%0.49%-4.82%6.62%17.91%41.11%130.76%$1.56k$1.27k8.43%12.27%0.9739,724-1.32%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$18.78-2.09%-1.05%-4.23%13.54%31.79%1.24%32.91%-36.90%39.01%$21.75$11.1613.66%68.35%0.88124,643-25.96%
THG
HANOVER INSURANCE GROUP INC
$126.61-1.94%-3.62%0.24%2.69%3.82%0.32%-6.33%8.75%115.65%$138.00$103.838.25%21.95%0.81164,5110.88%
DGICA
DONEGAL GROUP INC
$13.38-0.59%-1.11%-4.22%-4.97%-9.59%-9.04%-18.27%6.95%-10.80%$15.76$13.1015.07%2.14%0.6333,2717.53%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$1,705.05-0.24%-1.84%-3.84%7.02%10.51%20.50%45.00%86.85%184.93%$1.85k$1.32k7.83%29.26%0.545,538-31.62%
SAFT
SAFETY INSURANCE GROUP INC
$78.22-1.91%-0.29%-2.71%0.64%5.99%3.93%-7.93%-15.17%44.83%$88.72$65.7811.83%18.91%0.6541,1188.61%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$9.27-1.17%-6.36%8.68%46.21%74.25%202.94%-13.53%-34.07%N/A$11.23$3.1217.45%197.12%0.87240,298-22.61%
HGTY
HAGERTY INC
$8.62-3.25%-0.35%-1.26%10.65%7.75%-0.92%-14.23%N/AN/A$10.36$7.5216.80%14.63%0.6849,00723.37%
WRB
BERKLEY W R CORP
$80.71-1.72%-3.84%-5.04%9.47%22.12%29.14%49.91%109.02%338.74%$89.19$55.509.50%45.42%0.871,560,41650.44%
ACIC
AMERICAN COASTAL INSURANCE CORP
$10.29-4.63%-8.70%-3.74%-13.53%37.38%195.69%60.28%-36.40%-27.43%$14.25$1.5227.79%576.97%0.85265,37587.82%
ROOT
ROOT INC
$53.72-13.13%-30.12%-9.15%474.55%427.70%1,246.37%-70.74%N/AN/A$85.99$3.6337.53%1,379.89%1.99672,19985.11%
ALL
ALLSTATE CORP
$162.92-0.79%-4.02%-0.06%6.80%27.36%41.81%32.63%67.22%192.13%$174.58$100.576.68%61.99%0.821,580,68962.17%
NODK
NI HOLDINGS INC
$14.700.00%-1.74%-6.84%15.66%17.69%8.89%-24.07%-8.35%N/A$16.55$12.0111.18%22.40%0.673,47831.79%
LMND
LEMONADE INC
$15.74-1.93%-4.66%-1.87%-4.37%18.70%19.79%-81.28%N/AN/A$24.81$10.2736.56%53.34%2.161,069,09014.96%
STC
STEWART INFORMATION SERVICES CORP
$58.64-0.32%-1.64%-1.16%2.36%38.24%40.89%3.60%33.61%83.14%$65.35$36.8110.27%59.30%1.01157,4158.58%
GBLI
GLOBAL INDEMNITY GROUP LLC
$32.500.00%-1.49%11.76%9.80%-7.46%17.33%15.86%6.94%21.22%$37.00$25.2112.16%28.92%0.69324-85.82%
UFCS
UNITED FIRE GROUP INC
$21.610.09%-1.46%-0.96%4.75%0.46%-21.28%-35.22%-48.92%-26.07%$27.72$18.4122.04%17.38%1.0077,66831.25%
KMPR
KEMPER CORP
$56.420.09%-2.82%-3.82%3.11%23.65%3.94%-31.79%-33.16%44.70%$64.69$38.3212.78%47.23%0.95445,13763.60%
KINS
KINGSTONE COMPANIES INC
$4.19-1.18%-5.63%5.54%74.58%132.78%248.88%-49.46%-69.21%-37.65%$4.75$1.0511.79%300.96%0.4810,361546.35%
DOMA
DOMA HOLDINGS INC
$6.04-0.17%-0.33%39.81%40.79%32.75%-33.81%-97.56%N/AN/A$11.49$3.8647.44%56.48%1.3928,785-23.60%
PRA
PROASSURANCE CORP
$12.870.39%-4.45%8.52%4.13%-31.21%-29.86%-53.06%-63.58%-71.01%$19.38$11.7633.57%9.49%0.82237,3719.66%
CNFR
CONIFER HOLDINGS INC
$1.050.00%10.99%-4.55%-24.46%-11.76%-33.54%-71.54%-77.03%N/A$1.80$0.6541.67%61.54%0.2499-72.11%

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 3.85% over the past year, underperforming other property & casualty insurance stocks by -16 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 9.06% from Selective Insurance Group's current stock price of $100.40.

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. Palomar Holdings (NASDAQ:PLMR)


Palomar Holdings (NASDAQ:PLMR) is the second 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 43.2% over the past year, overperforming other property & casualty insurance stocks by 24 percentage points.

Palomar Holdings has an average 1 year price target of $87.50, an upside of 13.78% from Palomar Holdings's current stock price of $76.90.

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.

3. Hci Group (NYSE:HCI)


Hci Group (NYSE:HCI) is the third best property & casualty insurance stock with a Zen Score of 52, which is 22 points higher than the property & casualty insurance industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 115.51% over the past year, overperforming other property & casualty insurance stocks by 96 percentage points.

Hci Group has an average 1 year price target of $128.50, an upside of 16.91% from Hci Group's current stock price of $109.91.

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.

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 2.66%. 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 8.64%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.66%. 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 5.43%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.66%. 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 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 -0.78% in the last day, and down -2.98% over the last week. Travelers Companies was the among the top losers in the insurance - property & casualty industry, dropping -7.41% yesterday.

The Travelers Companies shares are trading lower following Q1 earnings.

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 3.85% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -16 percentage points.

2. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Heritage Insurance Holdings 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.

Heritage Insurance Holdings's stock has gained 202.94% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 183 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 3.61% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -16 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 6.97% 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 5.72x.
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.