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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SIGI
SELECTIVE INSURANCE GROUP INC
$5.63B$92.69$109.5018.14%Hold410.48%20.13%19.47%4.86%
HCI
HCI GROUP INC
$1.01B$96.21$132.2537.46%Strong Buy423.51%-3.52%32.25%6.93%
HGTY
HAGERTY INC
$3.36B$9.97$9.00-9.73%Hold113.93%28.57%154.81%9.22%
KNSL
KINSALE CAPITAL GROUP INC
$8.96B$384.77$425.6010.61%Hold518.18%9.22%43.06%12.51%
HMN
HORACE MANN EDUCATORS CORP
$1.38B$33.81$38.5013.87%Buy27.00%92.68%12.60%1.07%
CINF
CINCINNATI FINANCIAL CORP
$17.83B$113.90$123.758.65%Hold4-0.27%-32.31%9.02%3.38%
TRV
TRAVELERS COMPANIES INC
$47.95B$209.41$227.318.55%Hold167.86%22.95%21.58%4.24%
PLMR
PALOMAR HOLDINGS INC
$2.09B$83.69$92.8310.92%Buy621.32%19.40%30.28%8.06%
THG
HANOVER INSURANCE GROUP INC
$4.50B$125.12$151.0020.68%Buy43.25%135.08%18.78%3.25%
AFG
AMERICAN FINANCIAL GROUP INC
$10.52B$125.39$133.676.60%Strong Buy32.50%6.75%26.58%3.76%
ALL
ALLSTATE CORP
$42.65B$161.60$183.3613.46%Strong Buy147.59%95.97%29.92%5.30%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.43B$1,727.16N/AN/AN/AN/AN/AN/AN/AN/A
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.40B$35.09$42.8622.13%Strong Buy712.70%3.91%19.64%4.27%
WRB
BERKLEY W R CORP
$20.06B$78.46$90.3815.19%Buy84.91%5.51%22.86%4.70%
DGICA
DONEGAL GROUP INC
$434.78M$13.02N/AN/AN/AN/A3.99%118.75%4.47%0.95%
CB
CHUBB LTD
$107.17B$263.92$269.892.26%Buy186.96%1.64%17.40%4.48%
MKL
MARKEL GROUP INC
$20.22B$1,555.06$1.56k0.48%Hold2-2.40%-27.38%8.95%2.46%
L
LOEWS CORP
$16.42B$74.17N/AN/AN/AN/AN/AN/AN/AN/A
PGR
PROGRESSIVE CORP
$122.11B$208.49$226.718.74%Buy1412.34%11.78%35.50%8.23%
ACIC
AMERICAN COASTAL INSURANCE CORP
$515.11M$10.77$15.0039.28%Buy124.83%4.90%41.03%7.77%
CNA
CNA FINANCIAL CORP
$12.02B$44.31$46.504.94%Sell2-2.07%4.22%13.56%2.01%
SAFT
SAFETY INSURANCE GROUP INC
$1.13B$75.94N/AN/AN/AN/AN/AN/AN/AN/A
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$538.37M$18.72$25.0033.55%Strong Buy1-3.66%-11.20%20.90%3.59%
STC
STEWART INFORMATION SERVICES CORP
$1.66B$60.07$69.3315.42%Strong Buy3N/A177.12%13.69%7.01%
RLI
RLI CORP
$6.42B$140.38$161.5015.04%Buy44.65%-9.35%18.62%5.30%
MCY
MERCURY GENERAL CORP
$2.91B$52.60N/AN/AN/AN/A11.76%-11.57%13.46%2.92%
GBLI
GLOBAL INDEMNITY GROUP LLC
$434.66M$31.95N/AN/AN/AN/A-7.31%-2.41%5.30%2.02%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$239.58M$7.82$9.0015.09%Buy35.92%-13.17%23.47%2.59%
NODK
NI HOLDINGS INC
$315.63M$15.30N/AN/AN/AN/AN/AN/AN/AN/A
ROOT
ROOT INC
$712.22M$47.80$52.008.79%Buy732.37%N/AN/AN/A
KINS
KINGSTONE COMPANIES INC
$53.28M$4.84N/AN/AN/AN/A-7.99%2,983.33%N/AN/A
UFCS
UNITED FIRE GROUP INC
$540.07M$21.35$21.00-1.64%Strong Sell19.29%N/A5.15%1.17%
KMPR
KEMPER CORP
$3.73B$58.01$70.5021.53%Strong Buy4-9.48%N/A13.14%2.70%
LMND
LEMONADE INC
$1.12B$15.91$21.2033.25%Hold521.60%N/AN/AN/A
PRA
PROASSURANCE CORP
$659.59M$12.93$19.0046.95%Buy2-1.33%N/A2.89%0.57%
DOMA
DOMA HOLDINGS INC
$83.37M$5.95$13.15120.92%Buy2N/AN/AN/AN/A
BOW
BOWHEAD SPECIALTY HOLDINGS INC
N/A$25.98N/AN/AN/AN/AN/AN/AN/AN/A
CNFR
CONIFER HOLDINGS INC
$12.71M$1.04N/AN/AN/AN/A-19.49%N/AN/AN/A

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in Jun 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 62, which is 28 points higher than the property & casualty insurance industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -6.4% over the past year, underperforming other property & casualty insurance stocks by -28 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 18.14% from Selective Insurance Group's current stock price of $92.69.

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 57, which is 23 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 69.53% over the past year, overperforming other property & casualty insurance stocks by 48 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 37.46% from Hci Group's current stock price of $96.21.

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. Hagerty (NYSE:HGTY)


Hagerty (NYSE:HGTY) is the third best property & casualty insurance stock with a Zen Score of 55, which is 21 points higher than the property & casualty insurance industry average of 34. It passed 19 out of 33 due diligence checks and has strong fundamentals. Hagerty has seen its stock return 3.85% over the past year, underperforming other property & casualty insurance stocks by -18 percentage points.

Hagerty has an average 1 year price target of $9.00, a downside of -9.73% from Hagerty's current stock price of $9.97.

Hagerty stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst 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 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 8.4%, 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. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.39%, 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.

3. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 5.24%, 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.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.88% in the last day, and down -1.42% over the last week.

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

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 52 points higher than the property & casualty insurance industry average of 34. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -6.4% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -28 percentage points.

2. White Mountains Insurance Group (NYSE:WTM)


White Mountains Insurance Group (NYSE:WTM) is the second 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 22.49% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 1 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 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 25.97% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 5 percentage points.

Are property & casualty insurance stocks a good buy now?

42.86% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 7.97% 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 17.02x.
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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.