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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SIGI
SELECTIVE INSURANCE GROUP INC
$5.95B$4.40B$505.20M$345.98M$5.7018.47%10.59%36.69%8.68%
HCI
HCI GROUP INC
$1.06B$628.26M$173.25M$111.31M$12.1125.26%21.82%N/A44.68%
CINF
CINCINNATI FINANCIAL CORP
$18.56B$10.71B$3.12B$2.37B$15.1341.14%11.04%37,725.00%19.42%
TRV
TRAVELERS COMPANIES INC
$50.20B$42.89B$4.20B$3.14B$13.5913.52%6.94%14.59%6.48%
MKL
MARKEL GROUP INC
$21.49B$16.63B$3.69B$2.50B$185.3730.79%16.53%819.49%37.63%2024-05-22
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.45B$961.01M$151.85M$107.03M$2.8441.39%N/A162.96%N/A
HMN
HORACE MANN EDUCATORS CORP
$1.43B$1.52B$136.10M$64.90M$1.579.74%4.69%881.25%16.87%
HGTY
HAGERTY INC
$2.89B$1.05B$71.12M$15.46M$0.1825.70%N/A500.00%N/A
PLMR
PALOMAR HOLDINGS INC
$2.13B$405.26M$123.37M$88.27M$3.5619.84%39.48%62.56%N/A
KNSL
KINSALE CAPITAL GROUP INC
$8.94B$1.33B$444.92M$351.23M$15.2245.44%40.44%90.01%48.05%2024-05-23
ALL
ALLSTATE CORP
$44.62B$58.57B$2.62B$1.22B$4.6210.79%7.37%N/A-7.44%
AFG
AMERICAN FINANCIAL GROUP INC
$11.20B$7.99B$1.27B$882.00M$10.4711.14%1.13%8.61%5.53%2024-05-23
THG
HANOVER INSURANCE GROUP INC
$4.91B$6.10B$244.70M$162.80M$4.549.30%5.71%N/A-15.65%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.45B$2.28B$594.90M$566.10M$220.9559.65%24.58%-35.52%28.60%2024-05-23
CB
CHUBB LTD
$107.56B$51.57B$10.76B$9.28B$22.6915.83%9.50%82.25%21.70%
CNA
CNA FINANCIAL CORP
$12.22B$13.59B$1.79B$1.25B$4.5811.90%5.71%81.03%7.57%
SAFT
SAFETY INSURANCE GROUP INC
$1.20B$985.43M$73.31M$51.29M$3.4720.72%3.02%92.78%-12.69%
L
LOEWS CORP
$17.09B$16.35B$2.92B$1.52B$6.7313.34%2.80%82.88%23.32%
WRB
BERKLEY W R CORP
$20.09B$12.50B$1.97B$1.53B$5.6912.19%10.08%44.78%19.93%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$590.42M$1.44B$116.87M$76.31M$2.5915.29%10.68%N/A-5.13%2024-06-13
RLI
RLI CORP
$6.74B$1.59B$429.92M$333.70M$7.31-11.47%12.18%-47.64%22.50%
GBLI
GLOBAL INDEMNITY GROUP LLC
$429.35M$489.51M$49.99M$33.86M$2.49-24.57%-1.18%126.36%N/A
PGR
PROGRESSIVE CORP
$121.25B$65.05B$7.84B$5.74B$9.8024.92%13.96%595.04%14.13%
ACIC
AMERICAN COASTAL INSURANCE CORP
$602.64M$269.43M$102.70M$66.23M$1.43-10.69%-18.61%N/A116.59%
DGICA
DONEGAL GROUP INC
$445.13M$943.73M$10.81M$5.18M$0.169.06%3.43%N/A-11.81%
MCY
MERCURY GENERAL CORP
$3.21B$4.80B$349.90M$215.09M$3.8921.63%5.82%N/A4.44%
HRTG
HERITAGE INSURANCE HOLDINGS INC
$282.16M$749.88M$74.62M$45.52M$1.6710.15%9.04%N/A18.99%2024-06-06
NODK
NI HOLDINGS INC
$333.78M$375.49M$10.22M$5.15M$0.2510.49%9.86%N/A-32.16%2024-05-21
ROOT
ROOT INC
$920.97M$639.80M-$53.30M-$112.70M-$7.80116.51%N/AN/AN/A2024-06-05
STC
STEWART INFORMATION SERVICES CORP
$1.78B$2.23B$145.77M$41.76M$1.53-18.20%3.85%-57.02%-4.14%
KMPR
KEMPER CORP
$3.91B$4.79B$240.20M-$120.70M-$1.89-12.04%2.34%N/AN/A
UFCS
UNITED FIRE GROUP INC
$596.48M$1.12B-$9.58M-$16.89M-$0.6812.17%-0.01%N/AN/A
LMND
LEMONADE INC
$1.25B$453.70M-$190.40M-$218.40M-$3.1247.50%N/AN/AN/A2024-06-06
KINS
KINGSTONE COMPANIES INC
$51.19M$143.33M$7.49M$313.04k$0.033.68%3.11%N/AN/A
PRA
PROASSURANCE CORP
$746.31M$1.15B$21.53M-$27.80M-$0.544.83%3.80%N/AN/A
CNFR
CONIFER HOLDINGS INC
$10.74M$97.26M-$23.61M-$26.81M-$2.19-6.58%-0.23%N/AN/A2024-05-22
DOMA
DOMA HOLDINGS INC
$84.91M$315.77M-$66.96M-$102.84M-$7.63-16.76%N/AN/AN/A2024-06-13

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 -4.9% over the past year, underperforming other property & casualty insurance stocks by -30 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 11.83% from Selective Insurance Group's current stock price of $97.92.

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 78.79% over the past year, overperforming other property & casualty insurance stocks by 53 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 30.99% from Hci Group's current stock price of $100.96.

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 16.4% over the past year, underperforming other property & casualty insurance stocks by -9 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 4.41% from Cincinnati Financial's current stock price of $118.52.

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 7.28%, which is 5 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 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 5.12%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.52%. 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 2.52%. 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.

Why are property & casualty insurance stocks up?

Property & casualty insurance stocks were up 0.24% in the last day, and down -1.84% over the last week. Chubb was the among the top gainers in the insurance - property & casualty industry, gaining 4.71% 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 -4.9% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -30 percentage points.

2. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the second 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 81.66% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 56 percentage points.

3. Markel Group (NYSE:MKL)


Markel Group (NYSE:MKL) is the third 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 21.75% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -4 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 rise by 0.47% 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 17.23x.
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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.