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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
SIGI
SELECTIVE INSURANCE GROUP INC
$5.94B12.30%3.00%N/A3.90%3.01N/A40.40%7.90%10.80%
HCI
HCI GROUP INC
$1.05B40.20%6.30%N/A10.90%3.65N/A56.40%17.70%26.47%
CINF
CINCINNATI FINANCIAL CORP
$18.80B20.50%7.40%N/A9.30%1.67N/A51.20%22.20%28.15%
TRV
TRAVELERS COMPANIES INC
$50.31B13.70%2.50%N/A3.30%4.09N/A37.30%7.30%9.79%
MKL
MARKEL GROUP INC
$21.63B17.00%4.60%N/A7.00%2.61N/A39.70%15.00%20.60%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.46B17.80%3.60%N/A5.10%3.60N/A43.40%11.10%15.40%
HMN
HORACE MANN EDUCATORS CORP
$1.43B5.70%0.50%N/A0.80%10.75N/A36.20%4.30%7.21%
HGTY
HAGERTY INC
$2.93B18.90%1.00%2.03%-43.30%11.381.4731.70%1.50%1.39%
PLMR
PALOMAR HOLDINGS INC
$2.17B19.50%5.20%N/A7.10%2.76N/A80.60%21.80%29.33%
THG
HANOVER INSURANCE GROUP INC
$4.94B7.00%1.10%N/A1.60%4.79N/A14.10%2.70%3.93%
KNSL
KINSALE CAPITAL GROUP INC
$9.10B34.70%9.70%N/A12.00%2.44N/A51.40%26.30%33.10%
ALL
ALLSTATE CORP
$44.74B7.30%1.20%N/A1.80%4.66N/A29.40%2.10%3.34%
AFG
AMERICAN FINANCIAL GROUP INC
$11.20B21.40%2.90%N/A4.00%6.08N/A23.80%11.00%14.88%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.53B13.70%6.60%N/A7.20%1.05N/A65.00%24.80%26.83%
CB
CHUBB LTD
$111.37B16.50%4.20%N/A4.90%2.82N/A44.40%18.00%20.24%
SAFT
SAFETY INSURANCE GROUP INC
$1.19B6.50%2.50%N/A3.20%1.59N/A34.70%5.20%6.70%
CNA
CNA FINANCIAL CORP
$12.28B13.50%2.00%N/A2.60%5.74N/A48.70%9.20%12.57%
WRB
BERKLEY W R CORP
$20.28B21.10%4.20%N/A5.50%3.86N/A48.00%12.20%16.63%
L
LOEWS CORP
$17.21B10.00%1.90%N/A2.70%3.95N/A35.90%9.30%14.56%
RLI
RLI CORP
$6.80B23.90%6.50%N/A8.10%2.51N/A60.20%21.00%26.47%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$591.86M22.70%3.10%N/A5.00%4.81N/A28.90%5.30%7.59%
DGICA
DONEGAL GROUP INC
$445.80M1.10%0.20%N/A0.30%3.73N/A33.60%0.50%0.70%
GBLI
GLOBAL INDEMNITY GROUP LLC
$439.15M5.30%1.90%N/A2.60%1.62N/A48.00%6.90%9.02%
PGR
PROGRESSIVE CORP
$122.54B30.10%6.50%N/A8.00%3.32N/A29.30%8.80%11.60%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$289.21M23.70%2.00%N/A3.30%8.07N/A42.60%6.10%8.78%
ACIC
AMERICAN COASTAL INSURANCE CORP
$629.42M43.70%5.60%N/A8.30%4.28N/A72.80%24.60%33.78%
MCY
MERCURY GENERAL CORP
$3.22B14.50%3.10%N/A3.90%3.61N/A27.20%4.50%5.79%
NODK
NI HOLDINGS INC
$331.93M2.10%0.80%N/A1.50%1.64N/A36.70%1.40%2.37%
ROOT
ROOT INC
$977.14M-62.40%-8.60%N/A-6.90%6.97N/A32.10%-17.60%-10.33%
UFCS
UNITED FIRE GROUP INC
$595.21M-2.40%-0.50%N/A-0.70%3.40N/A31.10%-1.50%-1.79%
STC
STEWART INFORMATION SERVICES CORP
$1.78B3.10%1.60%N/A4.60%0.95N/A28.10%1.90%3.72%
KMPR
KEMPER CORP
$3.92B-4.80%-0.90%N/A1.50%3.88N/A5.10%-2.50%4.10%
LMND
LEMONADE INC
$1.27B-30.30%-13.40%N/A-15.50%1.43N/A23.80%-48.10%-46.35%
KINS
KINGSTONE COMPANIES INC
$51.30M1.00%0.10%N/A1.40%7.90N/A47.20%0.20%3.30%
PRA
PROASSURANCE CORP
$756.51M-2.60%-0.50%N/A0.00%4.08N/A31.30%-2.40%-0.19%
DOMA
DOMA HOLDINGS INC
$84.35MN/A-40.40%N/A-24.70%-6.36N/A18.00%-32.60%-25.04%
CNFR
CONIFER HOLDINGS INC
$10.76M-314.50%-8.90%N/A-7.40%116.66N/A18.50%-27.60%-23.92%

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.
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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.