Sectors & Industries Financial ServicesInsurance - Property & Casualty
Best Property & Casualty Insurance Stocks to Buy Now (2024)
Top property & casualty insurance stocks in 2024 ranked by overall Due Diligence 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...

Overview Due Diligence Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
HCI	HCI GROUP INC	$1.23B	$116.52	$140.00	20.15%	Buy	4	6.54%	-6.95%	25.64%	5.87%
CINF	CINCINNATI FINANCIAL CORP	$24.39B	$156.03	$146.25	-6.27%	Strong Buy	4	-4.99%	-39.61%	8.90%	3.32%
HGTY	HAGERTY INC	$3.83B	$11.24	$11.00	-2.14%	Hold	2	8.73%	21.08%	101.22%	8.25%
KNSL	KINSALE CAPITAL GROUP INC	$12.21B	$524.22	$493.57	-5.85%	Buy	7	10.79%	2.38%	35.26%	10.69%
WTM	WHITE MOUNTAINS INSURANCE GROUP LTD	$5.11B	$1,987.86	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PLMR	PALOMAR HOLDINGS INC	$2.92B	$110.45	$111.67	1.10%	Buy	6	17.24%	12.51%	25.06%	7.74%
GBLI	GLOBAL INDEMNITY GROUP LLC	$492.76M	$36.00	N/A	N/A	N/A	N/A	1.15%	11.68%	6.94%	2.70%
ALL	ALLSTATE CORP	$53.92B	$203.64	$219.87	7.97%	Strong Buy	15	5.26%	9.63%	26.25%	4.82%
SAFT	SAFETY INSURANCE GROUP INC	$1.28B	$86.27	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SIGI	SELECTIVE INSURANCE GROUP INC	$6.00B	$98.73	$99.17	0.44%	Hold	6	6.42%	34.30%	16.83%	3.96%
CB	CHUBB LTD	$114.21B	$283.32	$302.17	6.65%	Buy	12	5.35%	-2.79%	15.22%	3.99%
STC	STEWART INFORMATION SERVICES CORP	$2.08B	$75.16	$77.33	2.89%	Strong Buy	3	N/A	53.70%	12.39%	6.39%
DGICA	DONEGAL GROUP INC	$558.94M	$16.49	N/A	N/A	N/A	N/A	4.32%	23.90%	9.24%	2.02%
RLI	RLI CORP	$7.86B	$171.60	$177.40	3.38%	Buy	5	1.19%	-18.09%	16.62%	5.02%
AFG	AMERICAN FINANCIAL GROUP INC	$12.00B	$142.98	$143.33	0.25%	Hold	3	3.10%	4.56%	22.44%	3.24%
PGR	PROGRESSIVE CORP	$149.12B	$254.56	$272.79	7.16%	Strong Buy	14	8.79%	0.11%	31.25%	8.07%
CNA	CNA FINANCIAL CORP	$13.57B	$50.09	$51.50	2.81%	Sell	2	-3.20%	-0.10%	12.26%	1.96%
L	LOEWS CORP	$18.75B	$86.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TRV	TRAVELERS COMPANIES INC	$59.29B	$261.15	$252.69	-3.24%	Hold	16	4.76%	1.87%	18.08%	3.72%
SKWD	SKYWARD SPECIALTY INSURANCE GROUP INC	$2.15B	$53.66	$49.50	-7.75%	Strong Buy	6	8.44%	-0.22%	19.03%	4.22%
UFCS	UNITED FIRE GROUP INC	$799.54M	$31.55	$26.00	-17.59%	Hold	1	7.15%	3.57%	7.42%	1.64%
MKL	MARKEL GROUP INC	$22.60B	$1,756.77	$1.64k	-6.63%	Sell	4	-5.17%	-33.41%	7.78%	2.13%
MCY	MERCURY GENERAL CORP	$4.22B	$76.25	N/A	N/A	N/A	N/A	2.58%	-17.21%	22.30%	5.09%
KINS	KINGSTONE COMPANIES INC	$203.02M	$16.44	$6.50	-60.46%	Strong Buy	1	11.99%	5.22%	37.25%	6.41%
HMN	HORACE MANN EDUCATORS CORP	$1.69B	$41.56	$43.00	3.46%	Hold	2	4.33%	17.91%	13.17%	1.15%
WRB	BERKLEY W R CORP	$23.99B	$62.95	$67.67	7.49%	Buy	12	5.06%	4.70%	21.09%	4.40%
KMPR	KEMPER CORP	$4.52B	$70.64	$77.75	10.07%	Strong Buy	4	4.06%	19.05%	14.66%	3.16%
UVE	UNIVERSAL INSURANCE HOLDINGS INC	$618.62M	$21.87	N/A	N/A	N/A	N/A	-1.51%	-2.68%	20.14%	3.04%
ACIC	AMERICAN COASTAL INSURANCE CORP	$680.65M	$14.12	$16.00	13.31%	Buy	1	10.06%	-6.16%	29.71%	6.74%
CNFR	CONIFER HOLDINGS INC	$14.18M	$1.16	N/A	N/A	N/A	N/A	-10.09%	N/A	N/A	N/A
THG	HANOVER INSURANCE GROUP INC	$5.80B	$160.92	$173.29	7.68%	Buy	7	4.25%	14.47%	18.83%	3.53%
HRTG	HERITAGE INSURANCE HOLDINGS INC	$371.28M	$12.10	$12.50	3.31%	Strong Buy	2	4.91%	-11.69%	26.36%	3.10%
NODK	NI HOLDINGS INC	$345.04M	$16.71	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LMND	LEMONADE INC	$3.36B	$47.03	$33.71	-28.31%	Hold	7	21.70%	N/A	0.36%	0.12%
ROOT	ROOT INC	$1.41B	$97.68	$79.83	-18.27%	Buy	6	7.79%	N/A	N/A	N/A
PRA	PROASSURANCE CORP	$864.54M	$16.90	$19.00	12.43%	Buy	2	-3.17%	3.03%	4.14%	0.89%
BOW	BOWHEAD SPECIALTY HOLDINGS INC	$1.21B	$37.00	$31.00	-16.22%	Buy	4	N/A	N/A	19.07%	4.49%

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in Dec 2024?

According to Due Diligence Score, the 3 best property & casualty insurance stocks to buy right now are:

1. Hci Group (NYSE:HCI)

Hci Group (NYSE:HCI) is the top property & casualty insurance stock with a Due Diligence Score of 58, which is 21 points higher than the property & casualty insurance industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 35.03% over the past year, underperforming other property & casualty insurance stocks by -2 percentage points.

Hci Group has an average 1 year price target of $140.00, an upside of 20.15% from Hci Group's current stock price of $116.52.

Hci Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Hci Group, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% 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 Due Diligence Score of 55, which is 18 points higher than the property & casualty insurance industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 53.66% over the past year, overperforming other property & casualty insurance stocks by 16 percentage points.

Cincinnati Financial has an average 1 year price target of $146.25, a downside of -6.27% from Cincinnati Financial's current stock price of $156.03.

Cincinnati Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Cincinnati Financial, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hagerty (NYSE:HGTY)

Hagerty (NYSE:HGTY) is the third best property & casualty insurance stock with a Due Diligence Score of 50, which is 13 points higher than the property & casualty insurance industry average of 37. It passed 17 out of 33 due diligence checks and has strong fundamentals. Hagerty has seen its stock return 30.39% over the past year, underperforming other property & casualty insurance stocks by -7 percentage points.

Hagerty has an average 1 year price target of $11.00, a downside of -2.14% from Hagerty's current stock price of $11.24.

Hagerty stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Hagerty, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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. Cna Financial (NYSE:CNA)

Cna Financial (NYSE:CNA) has an annual dividend yield of 7.51%, which is 5 percentage points higher than the property & casualty insurance industry average of 2.28%. 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 77.9% 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 6.6%, which is 4 percentage points higher than the property & casualty insurance industry average of 2.28%. 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 64.9% 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 4.17%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.28%. 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 71.1% 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 0.04% in the last day, and down -1.33% 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. Conifer Holdings (NASDAQ:CNFR)

Conifer Holdings (NASDAQ:CNFR) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Conifer Holdings has a valuation score of 71, which is 37 points higher than the property & casualty insurance industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Conifer Holdings's stock has dropped -10.77% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -48 percentage points.

2. Loews (NYSE:L)

Loews (NYSE:L) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews has a valuation score of 71, which is 37 points higher than the property & casualty insurance industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Loews's stock has gained 23.89% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -13 percentage points.

3. White Mountains Insurance Group (NYSE:WTM)

White Mountains Insurance Group (NYSE:WTM) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. White Mountains Insurance Group has a valuation score of 71, which is 37 points higher than the property & casualty insurance industry average of 34. It passed 5 out of 7 valuation due diligence checks.

White Mountains Insurance Group's stock has gained 35.91% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -1 percentage points.

Are property & casualty insurance stocks a good buy now?

39.29% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to fall by -2.14% 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 14.27x.

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.