WallStreetZenWallStreetZen

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
$97.78-0.14%-0.44%-2.61%-4.37%-3.95%-4.08%27.50%37.91%324.67%$109.58$92.0610.77%6.21%0.88191,6257.02%
HCI
HCI GROUP INC
$99.98-0.97%-3.66%-9.03%2.42%19.41%75.37%30.83%139.88%154.73%$121.57$48.8417.76%104.71%0.69125,668-67.40%
CINF
CINCINNATI FINANCIAL CORP
$120.061.30%1.00%4.13%8.22%19.00%16.91%-0.12%22.85%145.57%$124.35$95.013.45%26.37%1.03463,504-19.79%
TRV
TRAVELERS COMPANIES INC
$219.710.22%0.55%6.36%-0.18%27.87%20.93%37.10%48.97%136.83%$232.75$157.335.60%39.65%0.811,348,851-2.53%
MKL
MARKEL GROUP INC
$1,663.210.64%0.67%16.43%14.46%18.51%23.38%38.48%56.76%167.74%$1.67k$1.30k0.42%28.37%0.9723,688-18.24%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$36.530.74%-2.22%5.40%5.36%21.60%51.14%N/AN/AN/A$38.64$21.945.46%66.54%0.62211,867-38.84%
HMN
HORACE MANN EDUCATORS CORP
$34.850.03%-0.88%1.07%-4.42%7.23%5.29%-11.44%-11.05%19.72%$39.25$27.8111.21%25.31%0.81158,339-5.23%
HGTY
HAGERTY INC
$8.701.52%-1.58%0.93%3.82%-0.34%-2.79%-12.65%N/AN/A$9.81$7.5211.31%15.69%0.6734,609-24.10%
PLMR
PALOMAR HOLDINGS INC
$87.102.11%3.88%13.26%15.56%46.63%73.99%33.22%290.58%N/A$88.00$46.671.02%86.63%1.09317,284196.90%
THG
HANOVER INSURANCE GROUP INC
$137.560.79%1.58%8.65%2.41%16.17%14.45%-3.58%13.30%131.23%$138.00$103.830.32%32.49%0.80100,912-7.58%
KNSL
KINSALE CAPITAL GROUP INC
$390.921.84%2.70%-13.40%-21.26%11.01%21.18%145.57%359.80%N/A$548.47$297.3328.73%31.48%0.98139,73010.06%
ALL
ALLSTATE CORP
$169.510.25%-1.85%4.04%6.13%26.32%42.45%21.93%77.24%191.25%$177.37$100.574.43%68.54%0.81988,170-15.68%
AFG
AMERICAN FINANCIAL GROUP INC
$133.550.01%1.67%7.21%8.06%22.34%15.54%3.10%34.90%130.82%$137.72$105.223.02%26.92%1.13221,610-23.91%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$1,764.571.63%-4.41%3.49%-0.02%19.39%27.89%48.39%81.98%197.22%$1.90k$1.32k7.09%33.78%0.536,893-41.52%
CB
CHUBB LTD
$274.283.55%7.63%12.63%9.49%23.20%37.88%62.79%89.17%166.63%$275.41$183.710.41%49.30%0.844,128,917-14.02%
SAFT
SAFETY INSURANCE GROUP INC
$80.26-0.88%-3.38%2.61%-7.13%5.16%11.81%-6.67%-12.82%53.73%$88.72$65.789.54%22.01%0.6533,097-17.11%
CNA
CNA FINANCIAL CORP
$45.280.56%0.73%5.77%2.17%12.86%14.92%-4.53%-1.57%12.39%$47.37$36.414.41%24.36%0.87128,334-30.03%
WRB
BERKLEY W R CORP
$79.310.92%-0.54%-1.73%-3.26%12.96%38.10%49.81%92.56%304.73%$89.19$55.5011.07%42.90%0.86763,936-18.60%
L
LOEWS CORP
$77.740.70%-0.31%6.29%5.24%16.03%33.48%33.00%50.14%82.57%$78.55$55.941.03%38.97%1.07855,15434.41%
RLI
RLI CORP
$148.770.89%0.48%9.63%4.99%12.00%15.12%36.79%76.75%238.81%$149.20$123.050.29%20.91%0.78204,945104.03%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$20.580.24%0.05%9.58%18.21%24.05%29.84%42.52%-27.56%63.85%$22.38$11.168.04%84.49%0.87140,602-6.92%
DGICA
DONEGAL GROUP INC
$13.350.15%0.45%-0.22%-9.31%-5.59%-9.12%-11.88%-10.04%-8.44%$15.76$13.0715.26%2.18%0.6241,29111.54%
GBLI
GLOBAL INDEMNITY GROUP LLC
$32.282.28%0.06%-0.68%15.18%-5.53%18.90%9.57%-0.03%23.30%$37.00$25.7412.76%25.41%0.671,45063.10%
PGR
PROGRESSIVE CORP
$209.221.07%-3.03%0.05%10.42%32.78%53.16%96.34%169.20%725.65%$217.77$111.413.93%87.79%0.631,989,535-41.78%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$9.442.50%7.15%1.83%49.13%21.65%85.10%9.39%-39.60%-17.91%$11.23$3.7315.94%153.08%0.87259,03117.23%
ACIC
AMERICAN COASTAL INSURANCE CORP
$13.164.44%8.05%27.89%-1.72%62.07%148.77%127.29%-5.32%-21.71%$14.25$3.847.65%242.62%0.85318,590125.45%
MCY
MERCURY GENERAL CORP
$58.200.41%1.11%11.86%14.63%61.40%89.15%-12.85%4.56%21.88%$58.53$27.270.57%113.42%0.73157,416-0.73%
NODK
NI HOLDINGS INC
$16.09-0.56%6.84%9.46%19.19%23.96%22.64%-17.36%-8.42%N/A$16.55$12.012.78%33.97%0.676,67127.89%
ROOT
ROOT INC
$65.586.10%2.69%22.08%623.04%594.70%1,286.47%-60.05%N/AN/A$86.57$4.2924.25%1,427.96%1.97613,438100.46%
UFCS
UNITED FIRE GROUP INC
$23.53-0.21%-0.72%8.88%-1.05%18.66%-1.55%-27.93%-49.64%-15.93%$25.55$18.417.91%27.81%1.0038,833-39.51%
STC
STEWART INFORMATION SERVICES CORP
$64.650.40%2.20%10.25%5.05%41.68%48.11%6.70%50.59%106.15%$65.36$38.401.09%68.38%1.01128,869-0.08%
KMPR
KEMPER CORP
$60.850.07%0.16%7.85%2.80%46.03%34.62%-21.40%-29.11%77.46%$64.69$38.325.94%58.79%0.94197,898-21.34%
LMND
LEMONADE INC
$17.971.53%8.38%14.17%0.39%8.78%11.96%-75.21%N/AN/A$24.81$10.2727.57%75.06%2.151,311,48148.00%
KINS
KINGSTONE COMPANIES INC
$4.660.22%15.06%11.22%47.94%49.84%210.67%-42.40%-49.73%-19.66%$4.82$1.053.30%345.93%0.5035,425-49.90%
PRA
PROASSURANCE CORP
$14.831.37%0.34%15.23%10.92%12.01%13.73%-41.27%-62.14%-66.50%$19.38$11.7623.46%26.16%0.82223,28221.50%
DOMA
DOMA HOLDINGS INC
$6.02-0.66%-0.17%-0.33%47.19%11.07%-19.44%-97.57%N/AN/A$9.44$3.8636.23%55.96%1.3717,322192.31%
CNFR
CONIFER HOLDINGS INC
$0.880.11%-12.87%-16.19%-30.71%8.64%-47.93%-67.04%-79.27%N/A$1.80$0.6551.11%35.38%0.257,924239.94%

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.