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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
$5.94B$97.78$109.5011.99%Hold410.45%29.37%N/AN/A
HCI
HCI GROUP INC
$1.05B$99.98$132.2532.28%Strong Buy423.51%N/AN/AN/A
CINF
CINCINNATI FINANCIAL CORP
$18.80B$120.06$123.753.07%Hold4-0.45%N/AN/AN/A
TRV
TRAVELERS COMPANIES INC
$50.31B$219.71$227.313.46%Hold167.86%22.97%21.67%4.25%
MKL
MARKEL GROUP INC
$21.63B$1,663.21$1.47k-11.82%Sell3-2.28%N/AN/AN/A
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.46B$36.53$42.8617.32%Strong Buy712.70%N/AN/AN/A
HMN
HORACE MANN EDUCATORS CORP
$1.43B$34.85$38.5010.47%Buy27.00%135.67%N/AN/A
HGTY
HAGERTY INC
$2.93B$8.70$9.003.45%Hold113.93%N/AN/AN/A
PLMR
PALOMAR HOLDINGS INC
$2.17B$87.10$89.172.37%Buy620.52%23.39%N/AN/A
THG
HANOVER INSURANCE GROUP INC
$4.94B$137.56$151.009.77%Buy43.25%192.29%N/AN/A
KNSL
KINSALE CAPITAL GROUP INC
$9.10B$390.92$425.608.87%Hold518.18%-49.12%N/AN/A
ALL
ALLSTATE CORP
$44.74B$169.51$183.368.17%Strong Buy148.36%129.06%N/AN/A
AFG
AMERICAN FINANCIAL GROUP INC
$11.20B$133.55$133.670.09%Strong Buy33.15%13.51%N/AN/A
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.53B$1,764.57N/AN/AN/AN/AN/AN/AN/AN/A
CB
CHUBB LTD
$111.37B$274.28$270.12-1.52%Buy176.96%-16.95%N/AN/A
SAFT
SAFETY INSURANCE GROUP INC
$1.19B$80.26N/AN/AN/AN/AN/AN/AN/AN/A
CNA
CNA FINANCIAL CORP
$12.28B$45.28$46.502.69%Sell2-2.45%N/AN/AN/A
WRB
BERKLEY W R CORP
$20.28B$79.31$90.3813.95%Buy84.89%-11.57%N/AN/A
L
LOEWS CORP
$17.21B$77.74N/AN/AN/AN/AN/AN/AN/AN/A
RLI
RLI CORP
$6.80B$148.77$161.508.56%Buy44.65%-65.11%N/AN/A
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$591.86M$20.58$25.0021.48%Strong Buy1-3.66%N/AN/AN/A
DGICA
DONEGAL GROUP INC
$445.80M$13.35N/AN/AN/AN/A3.99%N/AN/AN/A
GBLI
GLOBAL INDEMNITY GROUP LLC
$439.15M$32.28N/AN/AN/AN/A-7.31%N/AN/AN/A
PGR
PROGRESSIVE CORP
$122.54B$209.22$218.804.58%Buy1510.20%-25.91%N/AN/A
HRTG
HERITAGE INSURANCE HOLDINGS INC
$289.21M$9.44$9.00-4.66%Buy35.92%N/AN/AN/A
ACIC
AMERICAN COASTAL INSURANCE CORP
$629.42M$13.16$15.0013.98%Buy137.27%-96.50%N/AN/A
MCY
MERCURY GENERAL CORP
$3.22B$58.20N/AN/AN/AN/A11.76%-29.31%N/AN/A
NODK
NI HOLDINGS INC
$331.93M$16.09N/AN/AN/AN/AN/AN/AN/AN/A
ROOT
ROOT INC
$977.14M$65.58$52.17-20.45%Buy632.37%N/AN/AN/A
UFCS
UNITED FIRE GROUP INC
$595.21M$23.53$21.00-10.75%Strong Sell19.29%N/AN/AN/A
STC
STEWART INFORMATION SERVICES CORP
$1.78B$64.65$69.337.24%Strong Buy3N/AN/AN/AN/A
KMPR
KEMPER CORP
$3.92B$60.85$70.5015.86%Strong Buy4-9.48%N/AN/AN/A
LMND
LEMONADE INC
$1.27B$17.97$21.2017.97%Hold522.67%N/AN/AN/A
KINS
KINGSTONE COMPANIES INC
$51.30M$4.66$1.75-62.45%Strong Sell1-7.99%N/AN/AN/A
PRA
PROASSURANCE CORP
$756.51M$14.83$18.0021.38%Buy3-2.38%N/AN/AN/A
DOMA
DOMA HOLDINGS INC
$84.35M$6.02$13.15118.36%Buy2N/AN/AN/AN/A
CNFR
CONIFER HOLDINGS INC
$10.76M$0.88N/AN/AN/AN/A-19.49%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 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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