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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
$101.650.25%-1.98%-4.91%-4.37%-2.20%3.77%33.50%42.55%343.11%$109.58$91.997.24%10.50%0.88263,159-14.96%
HCI
HCI GROUP INC
$114.18-0.29%-0.53%-0.87%24.81%99.27%125.70%55.52%167.90%195.19%$121.57$48.086.08%137.48%0.69116,06283.17%
CINF
CINCINNATI FINANCIAL CORP
$115.691.88%-4.25%-5.30%3.27%15.34%9.84%2.67%20.28%137.46%$124.35$95.016.96%21.77%1.031,289,582-5.95%
PLMR
PALOMAR HOLDINGS INC
$78.67-1.97%-3.84%-4.28%30.44%57.75%55.66%11.81%293.74%N/A$86.26$46.098.79%70.69%1.08148,706-14.23%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$34.921.10%-4.38%-6.31%9.74%23.79%61.89%N/AN/AN/A$38.64$20.899.63%67.16%0.61250,678-47.99%
HMN
HORACE MANN EDUCATORS CORP
$36.860.03%0.11%0.79%-1.71%17.73%16.68%-8.08%-4.46%22.58%$38.29$27.813.73%32.54%0.81135,161-6.95%
TRV
TRAVELERS COMPANIES INC
$212.16-0.35%-1.01%-7.01%-0.65%28.19%16.73%37.18%47.59%134.22%$232.75$157.338.85%34.85%0.811,380,271-5.10%
KNSL
KINSALE CAPITAL GROUP INC
$363.251.47%-21.77%-29.14%-9.19%9.56%10.94%108.75%400.34%N/A$548.47$297.3333.77%22.17%0.98459,080-44.28%
CB
CHUBB LTD
$248.64-0.23%-0.50%-3.40%2.25%16.35%23.00%44.90%71.24%143.00%$260.59$183.714.58%35.34%0.841,790,924-17.96%
AFG
AMERICAN FINANCIAL GROUP INC
$127.750.04%-1.51%-5.21%4.85%18.27%3.79%3.98%23.39%118.64%$137.72$105.227.24%21.41%1.13258,424-14.21%
PGR
PROGRESSIVE CORP
$208.250.76%-2.70%-0.81%15.88%34.19%53.25%106.72%166.47%758.76%$216.21$111.413.68%86.92%0.633,578,34732.95%
L
LOEWS CORP
$75.15-0.88%-2.05%-3.01%1.86%19.42%24.98%34.80%46.52%70.91%$78.55$55.944.33%34.34%1.07609,6921.72%
MKL
MARKEL GROUP INC
$1,458.400.63%-1.44%-3.34%-2.82%0.08%6.07%23.97%36.11%133.00%$1.56k$1.30k6.51%12.56%0.9633,553-8.41%
CNA
CNA FINANCIAL CORP
$43.940.46%-0.57%-1.83%-0.72%12.09%12.52%-6.37%-5.16%7.30%$47.37$36.417.24%20.68%0.87157,2249.22%
RLI
RLI CORP
$141.35-0.48%-3.03%-4.16%1.76%6.29%0.45%26.82%73.80%228.26%$149.20$123.055.26%14.88%0.78162,575-8.91%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$19.52-0.51%-2.93%-1.86%16.61%27.08%13.36%39.93%-34.47%33.42%$22.38$11.1612.78%74.99%0.87187,867-30.02%
THG
HANOVER INSURANCE GROUP INC
$129.82-0.31%-2.77%-3.05%-2.30%12.27%8.58%-6.14%7.64%122.10%$138.00$103.835.93%25.04%0.80171,3005.52%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$1,778.140.55%3.29%0.45%10.81%22.87%22.42%52.57%89.36%198.22%$1.85k$1.32k3.88%34.80%0.539,65428.02%
SAFT
SAFETY INSURANCE GROUP INC
$79.570.90%-3.03%-1.85%-6.28%5.71%8.36%-3.00%-14.37%48.15%$88.72$65.7810.31%20.96%0.6534,49113.31%
MCY
MERCURY GENERAL CORP
$52.26-1.58%-7.93%-0.59%28.12%72.25%72.08%-16.08%-2.83%9.19%$57.12$26.158.51%99.85%0.73275,8428.76%
HGTY
HAGERTY INC
$8.952.52%-1.21%-1.97%8.75%15.78%-12.00%-10.51%N/AN/A$10.33$7.5213.36%19.02%0.6840,596108.72%
WRB
BERKLEY W R CORP
$76.97-0.53%-2.67%-12.02%-5.71%15.38%28.86%44.82%88.34%291.47%$89.19$55.5013.70%38.68%0.861,620,91053.03%
ACIC
AMERICAN COASTAL INSURANCE CORP
$10.47-1.23%-2.42%1.06%-9.90%39.41%121.82%87.30%-31.66%-31.34%$14.25$3.8426.53%172.59%0.85197,7589.53%
DGICA
DONEGAL GROUP INC
$13.440.67%-2.61%-3.17%-11.87%-5.88%-6.08%-12.90%-0.44%-8.94%$15.76$13.1014.69%2.60%0.6235,024-21.03%
ALL
ALLSTATE CORP
$170.060.28%-2.98%-1.45%8.67%35.54%46.78%34.12%71.67%198.61%$176.93$100.573.88%69.09%0.821,124,388-9.17%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$10.21-0.58%0.10%-7.10%66.56%73.94%194.24%12.07%-25.15%N/A$11.23$3.209.08%219.06%0.87147,583-62.04%
ROOT
ROOT INC
$69.654.25%17.71%15.09%727.20%711.77%1,542.69%-64.07%N/AN/A$85.99$3.9019.00%1,685.90%1.99578,15358.68%
NODK
NI HOLDINGS INC
$14.87-0.67%-2.68%-1.00%9.82%20.89%14.38%-22.35%-7.24%N/A$16.55$12.0110.15%23.81%0.677,808-18.27%
LMND
LEMONADE INC
$17.23-3.69%-1.49%4.05%3.11%62.24%52.34%-80.94%N/AN/A$24.81$10.2730.55%67.85%2.162,174,50243.41%
STC
STEWART INFORMATION SERVICES CORP
$62.01-1.76%-2.50%-3.15%-2.22%44.61%49.17%5.73%45.87%103.31%$65.35$38.405.11%61.51%1.01134,518-20.28%
GBLI
GLOBAL INDEMNITY GROUP LLC
$31.380.00%-3.45%4.01%6.77%-11.98%12.07%9.11%1.88%17.09%$37.00$25.2115.19%24.47%0.694-76.47%
UFCS
UNITED FIRE GROUP INC
$22.09-0.14%-3.07%1.33%-3.20%9.14%-18.22%-27.00%-49.35%-20.60%$27.72$18.4120.31%19.99%1.0079,4456.47%
KMPR
KEMPER CORP
$58.31-0.58%-0.26%-4.16%-4.49%38.31%22.96%-25.30%-35.12%47.96%$64.69$38.329.86%52.17%0.95360,737-19.63%
KINS
KINGSTONE COMPANIES INC
$4.50-1.53%7.02%-2.17%40.14%130.77%246.15%-46.30%-61.24%-32.84%$4.82$1.056.62%330.62%0.4926,373-43.48%
DOMA
DOMA HOLDINGS INC
$6.05-0.33%-0.17%-0.17%42.69%45.43%-38.34%-97.57%N/AN/A$11.08$3.8645.41%56.74%1.389,564-52.83%
PRA
PROASSURANCE CORP
$13.36-0.22%-2.77%4.70%-2.84%-21.55%-26.63%-46.56%-64.40%-70.59%$19.38$11.7631.05%13.65%0.82187,012-8.08%
CNFR
CONIFER HOLDINGS INC
$0.901.12%-6.83%-28.57%-28.57%-21.74%-42.31%-71.79%-80.77%N/A$1.80$0.6550.00%38.46%0.252,207-87.37%

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 57, which is 28 points higher than the property & casualty insurance industry average of 29. It passed 21 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock return 3.77% 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 7.72% from Selective Insurance Group's current stock price of $101.65.

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 52, which is 23 points higher than the property & casualty insurance industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 125.7% over the past year, overperforming other property & casualty insurance stocks by 107 percentage points.

Hci Group has an average 1 year price target of $128.50, an upside of 12.54% from Hci Group's current stock price of $114.18.

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 51, which is 22 points higher than the property & casualty insurance industry average of 29. It passed 18 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 9.84% over the past year, underperforming other property & casualty insurance stocks by -9 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 6.97% from Cincinnati Financial's current stock price of $115.69.

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 8.42%, 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% 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 5.29%, 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 66.4% 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 4.52%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.54%. 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 dividend yield might not be sustainable for the long-term.

Why are property & casualty insurance stocks up?

Property & casualty insurance stocks were up 0.4% in the last day, and down -1.78% over the last week.

We couldn't find a catalyst for why property & casualty insurance stocks are up.

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 43 points higher than the property & casualty insurance industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has gained 3.77% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -15 percentage points.

2. Horace Mann Educators (NYSE:HMN)


Horace Mann Educators (NYSE:HMN) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Horace Mann Educators has a valuation score of 57, which is 29 points higher than the property & casualty insurance industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Horace Mann Educators's stock has gained 16.68% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -2 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 57, which is 29 points higher than the property & casualty insurance industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 194.24% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 175 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 4.62% 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 4.2x.
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.