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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...
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
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
$5.86B$96.41$109.5013.58%Hold410.08%29.37%N/AN/A
HCI
HCI GROUP INC
$1.11B$110.87$128.5015.90%Strong Buy444.65%N/AN/AN/A
CINF
CINCINNATI FINANCIAL CORP
$18.31B$116.94$123.755.82%Hold4-0.57%N/AN/AN/A
MKL
MARKEL GROUP INC
$20.56B$1,581.06$1.47k-7.24%Sell3-2.02%N/AN/AN/A
TRV
TRAVELERS COMPANIES INC
$48.97B$213.85$228.196.70%Hold168.00%22.91%21.67%4.26%
HMN
HORACE MANN EDUCATORS CORP
$1.53B$37.52$39.505.28%Buy29.46%239.45%N/AN/A
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.50B$37.58$42.5713.28%Strong Buy711.11%N/AN/AN/A
KNSL
KINSALE CAPITAL GROUP INC
$8.90B$382.37$425.6011.31%Hold518.23%-49.12%N/AN/A
THG
HANOVER INSURANCE GROUP INC
$4.80B$133.64$151.0012.99%Buy43.71%192.29%N/AN/A
CB
CHUBB LTD
$100.92B$248.54$270.298.75%Buy176.83%-16.95%N/AN/A
ALL
ALLSTATE CORP
$44.39B$168.18$182.868.73%Strong Buy148.11%129.06%N/AN/A
AFG
AMERICAN FINANCIAL GROUP INC
$10.69B$127.41$131.673.34%Strong Buy32.07%13.51%N/AN/A
PLMR
PALOMAR HOLDINGS INC
$2.01B$80.82$87.508.27%Buy618.91%23.39%N/AN/A
WRB
BERKLEY W R CORP
$20.08B$78.56$90.3815.04%Buy84.63%-11.57%N/AN/A
CNA
CNA FINANCIAL CORP
$12.03B$44.40$46.504.73%Sell2-1.33%N/AN/AN/A
L
LOEWS CORP
$16.98B$76.40N/AN/AN/AN/AN/AN/AN/AN/A
PGR
PROGRESSIVE CORP
$122.24B$208.72$215.603.30%Buy1514.49%13.86%N/AN/A
RLI
RLI CORP
$6.56B$143.57$161.5012.49%Buy44.82%-65.11%N/AN/A
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$569.72M$19.81$25.0026.20%Strong Buy1-3.66%N/AN/AN/A
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.61B$1,802.57N/AN/AN/AN/AN/AN/AN/AN/A
MCY
MERCURY GENERAL CORP
$3.03B$54.70N/AN/AN/AN/A9.82%-29.31%N/AN/A
SAFT
SAFETY INSURANCE GROUP INC
$1.17B$79.40N/AN/AN/AN/AN/AN/AN/AN/A
HGTY
HAGERTY INC
$2.99B$8.92$9.000.90%Hold115.46%N/AN/AN/A
HRTG
HERITAGE INSURANCE HOLDINGS INC
$246.28M$8.15$9.0010.43%Buy34.81%N/AN/AN/A
ACIC
AMERICAN COASTAL INSURANCE CORP
$493.77M$10.33$15.0045.21%Buy114.70%-99.30%N/AN/A
DGICA
DONEGAL GROUP INC
$452.48M$13.55N/AN/AN/AN/A2.25%N/AN/AN/A
ROOT
ROOT INC
$838.72M$56.29$50.50-10.29%Buy632.37%N/AN/AN/A
NODK
NI HOLDINGS INC
$307.79M$14.93N/AN/AN/AN/AN/AN/AN/AN/A
GBLI
GLOBAL INDEMNITY GROUP LLC
$438.74M$32.31N/AN/AN/AN/A-14.09%N/AN/AN/A
STC
STEWART INFORMATION SERVICES CORP
$1.73B$63.11$69.339.86%Strong Buy3N/AN/AN/AN/A
KMPR
KEMPER CORP
$3.80B$58.98$70.5019.53%Strong Buy4-8.78%N/AN/AN/A
UFCS
UNITED FIRE GROUP INC
$572.28M$22.64$21.00-7.24%Strong Sell13.09%N/AN/AN/A
LMND
LEMONADE INC
$1.23B$17.38$22.5029.46%Hold422.46%N/AN/AN/A
KINS
KINGSTONE COMPANIES INC
$46.56M$4.23$1.75-58.63%Strong Sell1-8.54%N/AN/AN/A
DOMA
DOMA HOLDINGS INC
$84.02M$6.05$13.15117.27%Buy2N/AN/AN/AN/A
PRA
PROASSURANCE CORP
$704.92M$13.83$17.3325.33%Buy3-2.57%N/AN/AN/A
CNFR
CONIFER HOLDINGS INC
$11.12M$0.91$0.61-32.97%Strong Sell1-20.72%N/AN/AN/A
1

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 32 points higher than the property & casualty insurance industry average of 32. It passed 23 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -3.51% 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 13.58% from Selective Insurance Group's current stock price of $96.41.

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 55, which is 23 points higher than the property & casualty insurance industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 125.9% over the past year, overperforming other property & casualty insurance stocks by 102 percentage points.

Hci Group has an average 1 year price target of $128.50, an upside of 15.9% from Hci Group's current stock price of $110.87.

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 22 points higher than the property & casualty insurance industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cincinnati Financial has seen its stock return 11.97% over the past year, underperforming other property & casualty insurance stocks by -12 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 5.82% from Cincinnati Financial's current stock price of $116.94.

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 8.33%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.52%. 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.

2. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.31%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.52%. 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. Safety Insurance Group (NASDAQ:SAFT)


Safety Insurance Group (NASDAQ:SAFT) has an annual dividend yield of 4.53%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.52%. 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 210.9% indicates that its dividend yield might not be sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.11% in the last day, and up 3.3% 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 51 points higher than the property & casualty insurance industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -3.51% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -28 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 36 points higher than the property & casualty insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Markel Group's stock has gained 17.71% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -6 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 36 points higher than the property & casualty insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 139.71% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 116 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 3.05% 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 19.97x.
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