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Sectors & IndustriesFinancial ServicesInsurance - Property & Casualty
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
$101.401.27%-0.99%-5.14%-4.07%-2.44%3.51%31.67%44.22%342.02%$109.58$91.997.46%10.23%0.88309,46226.12%
CINF
CINCINNATI FINANCIAL CORP
$113.552.41%-6.13%-7.06%1.45%13.21%7.80%1.84%19.54%134.90%$124.35$95.018.69%19.51%1.031,371,237-32.21%
PLMR
PALOMAR HOLDINGS INC
$80.250.94%0.51%-2.36%30.23%60.92%58.79%15.47%301.65%N/A$86.26$46.096.96%74.12%1.08173,385-24.53%
HCI
HCI GROUP INC
$114.51-0.43%1.10%-0.58%24.31%99.84%126.35%56.78%169.75%192.12%$121.57$48.085.81%138.17%0.6963,363-22.33%
HMN
HORACE MANN EDUCATORS CORP
$36.850.30%1.15%0.77%-0.89%17.69%16.65%-8.83%-3.79%24.24%$38.29$27.813.76%32.51%0.81145,25910.48%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$34.543.23%-5.45%-7.32%9.51%22.44%60.13%N/AN/AN/A$38.64$20.8910.61%65.34%0.63481,971-23.56%
TRV
TRAVELERS COMPANIES INC
$212.90-0.26%-0.64%-6.69%0.84%28.63%17.13%36.74%50.50%134.21%$232.75$157.338.53%35.32%0.811,454,413-9.78%
KNSL
KINSALE CAPITAL GROUP INC
$358.00-4.44%-22.72%-30.17%-9.93%7.98%9.34%107.14%401.26%N/A$548.47$297.3334.73%20.40%0.98823,9562.68%
CB
CHUBB LTD
$249.221.54%-0.91%-3.18%2.66%16.62%23.29%47.03%73.52%142.93%$260.59$183.714.36%35.66%0.842,182,98139.41%
AFG
AMERICAN FINANCIAL GROUP INC
$127.700.28%-0.89%-5.25%5.39%18.22%3.75%3.68%24.21%121.66%$137.72$105.227.27%21.36%1.13301,217-1.16%
PGR
PROGRESSIVE CORP
$206.67-0.65%-2.97%-1.56%16.26%33.17%52.09%102.72%168.02%758.98%$216.21$111.414.41%85.50%0.632,691,4366.88%
MCY
MERCURY GENERAL CORP
$53.102.79%-4.03%1.01%28.29%75.02%74.84%-15.97%0.19%11.70%$57.12$26.157.04%103.06%0.73253,614-23.79%
L
LOEWS CORP
$75.820.48%-0.86%-2.14%3.48%20.48%26.09%35.03%48.87%71.93%$78.55$55.943.48%35.54%1.07599,37935.95%
MKL
MARKEL GROUP INC
$1,449.340.89%-1.50%-3.94%-2.90%-0.54%5.42%23.45%37.10%134.94%$1.56k$1.30k7.09%11.86%0.9736,63318.14%
CNA
CNA FINANCIAL CORP
$43.741.16%-1.84%-2.28%-0.84%11.58%12.01%-7.45%-4.75%9.62%$47.37$36.417.66%20.13%0.88143,958-22.59%
RLI
RLI CORP
$142.03-1.47%0.56%-3.70%2.44%6.81%0.93%26.42%78.52%231.15%$149.20$123.054.81%15.43%0.78178,47923.56%
THG
HANOVER INSURANCE GROUP INC
$130.220.49%-2.30%-2.76%-1.30%12.62%8.92%-5.25%8.67%122.56%$138.00$103.835.64%25.42%0.80162,346-13.04%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$19.620.41%-1.06%-1.36%15.75%27.73%13.94%41.35%-33.89%42.79%$22.38$11.1612.33%75.89%0.87268,439-39.35%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$1,768.430.00%1.52%-0.09%11.03%22.20%21.75%50.32%88.54%198.95%$1.85k$1.32k4.41%34.07%0.537,54118.64%
SAFT
SAFETY INSURANCE GROUP INC
$78.860.05%-4.34%-2.73%-6.82%4.77%7.39%-4.35%-15.82%47.76%$88.72$65.7811.11%19.88%0.6530,440-5.04%
HGTY
HAGERTY INC
$8.73-0.34%-0.57%-4.38%7.25%12.94%-14.16%-12.79%N/AN/A$10.36$7.5215.73%16.09%0.6819,450-23.51%
WRB
BERKLEY W R CORP
$77.380.95%-7.25%-11.56%-4.69%15.99%29.55%45.80%91.09%294.53%$89.19$55.5013.24%39.42%0.861,059,181-26.20%
ACIC
AMERICAN COASTAL INSURANCE CORP
$10.60-1.40%1.24%2.32%-8.62%41.15%124.58%83.07%-31.12%-31.08%$14.25$3.8425.61%175.97%0.85180,55570.69%
DGICA
DONEGAL GROUP INC
$13.35-0.74%-3.47%-3.82%-11.94%-6.51%-6.71%-14.20%-1.33%-9.06%$15.76$13.1015.26%1.91%0.6244,353-1.24%
ROOT
ROOT INC
$66.813.74%22.65%10.39%673.26%678.67%1,475.71%-65.79%N/AN/A$85.99$3.9022.30%1,613.08%2.00364,35714.24%
ALL
ALLSTATE CORP
$169.58-0.29%-3.32%-1.73%8.66%35.16%46.37%32.62%73.47%198.08%$176.93$100.574.15%68.61%0.821,237,951-0.43%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$10.27-0.19%8.11%-6.55%66.18%74.96%195.97%10.31%-24.43%N/A$11.23$3.208.55%220.94%0.88388,76770.63%
NODK
NI HOLDINGS INC
$14.970.00%0.94%-0.33%10.15%21.71%15.15%-22.95%-7.54%N/A$16.55$12.019.55%24.65%0.679,55387.64%
LMND
LEMONADE INC
$17.89-0.33%10.71%8.03%2.23%68.46%58.18%-80.66%N/AN/A$24.81$10.2727.89%74.28%2.161,516,25432.30%
STC
STEWART INFORMATION SERVICES CORP
$63.121.07%1.09%-1.42%-0.60%47.20%51.84%5.46%48.24%107.84%$65.35$38.403.41%64.40%1.01168,7415.05%
GBLI
GLOBAL INDEMNITY GROUP LLC
$31.380.00%-3.45%4.01%6.79%-11.98%12.07%4.60%2.08%17.05%$37.00$25.2115.19%24.47%0.6917-34.62%
UFCS
UNITED FIRE GROUP INC
$22.12-0.49%-2.64%1.47%-3.41%9.29%-18.10%-29.17%-48.62%-21.06%$27.72$18.4120.20%20.15%1.0074,61628.71%
KMPR
KEMPER CORP
$58.652.12%0.46%-3.60%-6.34%39.11%23.68%-29.68%-34.18%49.88%$64.69$38.329.34%53.05%0.95448,830-29.34%
KINS
KINGSTONE COMPANIES INC
$4.573.86%7.28%-0.65%42.81%134.36%251.54%-46.46%-66.59%-32.30%$4.82$1.055.17%337.32%0.4946,665115.73%
DOMA
DOMA HOLDINGS INC
$6.070.33%1.00%0.17%43.50%45.91%-38.14%-97.57%N/AN/A$11.08$3.8645.23%57.25%1.3820,274-16.89%
PRA
PROASSURANCE CORP
$13.391.67%-2.19%4.94%-4.29%-21.37%-26.47%-47.39%-63.10%-70.64%$19.38$11.7630.89%13.91%0.82203,444-32.21%
CNFR
CONIFER HOLDINGS INC
$0.89-11.00%-7.87%-29.37%-31.33%-22.61%-42.95%-72.70%-80.94%N/A$1.80$0.6550.56%36.92%0.2517,481264.42%

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 3.51% 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 7.99% from Selective Insurance Group's current stock price of $101.40.

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. 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 7.8% 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 8.98% from Cincinnati Financial's current stock price of $113.55.

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 58.79% over the past year, overperforming other property & casualty insurance stocks by 40 percentage points.

Palomar Holdings has an average 1 year price target of $87.50, an upside of 9.03% from Palomar Holdings's current stock price of $80.25.

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 2.54%. 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 8.46%, 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.

3. 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% 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 up?

Property & casualty insurance stocks were up 0.15% in the last day, and down -2.1% 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 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 3.51% 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 7.8% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -11 percentage points.

3. Loews (NYSE:L)


Loews (NYSE:L) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews 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.

Loews's stock has gained 26.09% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 7 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 5.49% 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 4.28x.
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.