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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
$6.25B$4.23B$517.25M$356.04M$5.8718.94%10.35%64.43%14.07%2024-05-02
PLMR
PALOMAR HOLDINGS INC
$2.02B$375.93M$111.92M$79.20M$3.1914.93%38.80%54.11%24.42%2024-05-01
HCI
HCI GROUP INC
$1.13B$550.67M$126.73M$79.03M$9.1310.23%18.94%N/A31.30%2024-05-08
KNSL
KINSALE CAPITAL GROUP INC
$10.63B$1.22B$397.59M$308.09M$13.3745.98%40.69%91.82%52.90%2024-04-26
CINF
CINCINNATI FINANCIAL CORP
$18.79B$10.01B$2.44B$1.84B$11.7452.57%13.12%N/A46.16%2024-04-26
TRV
TRAVELERS COMPANIES INC
$48.87B$42.89B$4.20B$3.14B$13.5913.52%6.94%14.59%6.48%
HMN
HORACE MANN EDUCATORS CORP
$1.52B$1.49B$109.20M$45.00M$1.097.98%4.60%127.08%19.89%2024-05-09
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.45B$885.97M$124.02M$84.31M$2.3437.91%N/A88.71%N/A2024-05-07
AFG
AMERICAN FINANCIAL GROUP INC
$10.85B$7.83B$1.23B$852.00M$10.0611.18%1.83%-4.64%11.07%2024-05-02
MCY
MERCURY GENERAL CORP
$3.06B$4.63B$195.84M$96.34M$1.7427.08%6.49%N/AN/A2024-04-30
PGR
PROGRESSIVE CORP
$124.28B$62.11B$5.47B$3.86B$6.6125.19%14.20%455.46%8.24%2024-05-15
CB
CHUBB LTD
$98.60B$49.74B$10.52B$9.03B$21.9715.40%8.74%75.76%20.77%
L
LOEWS CORP
$17.07B$15.90B$2.80B$1.43B$6.3013.22%2.48%85.84%25.92%2024-04-29
MKL
MARKEL GROUP INC
$19.17B$15.80B$2.99B$1.96B$147.3235.36%18.23%N/AN/A
CNA
CNA FINANCIAL CORP
$11.98B$13.30B$1.72B$1.21B$4.4411.95%5.59%76.89%8.23%2024-04-29
RLI
RLI CORP
$6.75B$1.59B$429.92M$333.70M$7.31-11.47%12.18%-47.64%22.50%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$586.84M$1.39B$102.19M$66.82M$2.2413.82%11.05%N/A-7.79%2024-04-26
THG
HANOVER INSURANCE GROUP INC
$4.75B$5.99B$83.30M$35.30M$0.999.60%5.93%-69.63%-35.99%2024-05-02
DGICA
DONEGAL GROUP INC
$467.51M$927.34M$10.01M$4.43M$0.149.33%3.74%N/AN/A2024-04-25
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.51B$2.17B$538.60M$509.20M$198.6087.12%42.47%-28.29%N/A2024-05-07
SAFT
SAFETY INSURANCE GROUP INC
$1.21B$930.96M$31.88M$18.88M$1.2816.73%2.16%-59.62%-25.24%2024-05-01
HGTY
HAGERTY INC
$2.99B$1.00B$71.49M$16.55M$0.1927.00%27.09%-51.28%N/A2024-05-07
WRB
BERKLEY W R CORP
$19.97B$12.14B$1.86B$1.38B$5.108.74%9.56%2.20%17.81%
ACIC
AMERICAN COASTAL INSURANCE CORP
$521.01M$286.54M$342.19M$309.91M$7.116.21%-16.92%N/A271.86%2024-05-13
ROOT
ROOT INC
$876.29M$455.00M-$88.70M-$147.40M-$10.2446.40%60.07%N/AN/A2024-04-30
HRTG
HERITAGE INSURANCE HOLDINGS INC
$317.30M$735.50M$71.90M$45.31M$1.7311.03%8.90%N/A10.50%2024-05-02
ALL
ALLSTATE CORP
$45.32B$57.09B$760.00M-$316.00M-$1.2011.05%7.48%N/AN/A2024-05-02
NODK
NI HOLDINGS INC
$311.50M$365.70M-$3.23M-$5.48M-$0.2612.72%11.48%N/AN/A2024-05-06
STC
STEWART INFORMATION SERVICES CORP
$1.73B$2.21B$127.89M$30.44M$1.12-27.43%3.22%-81.33%-11.13%2024-04-25
LMND
LEMONADE INC
$1.22B$429.80M-$209.80M-$236.90M-$3.4067.43%80.39%N/AN/A2024-05-01
GBLI
GLOBAL INDEMNITY GROUP LLC
$425.84M$528.13M$39.18M$24.99M$1.84-15.97%1.14%N/AN/A2024-05-08
UFCS
UNITED FIRE GROUP INC
$574.05M$1.10B-$25.95M-$29.70M-$1.1811.75%0.47%N/AN/A2024-05-08
KMPR
KEMPER CORP
$3.89B$4.94B$66.80M-$272.10M-$4.25-10.49%5.83%N/AN/A2024-05-01
KINS
KINGSTONE COMPANIES INC
$46.23M$144.19M-$389.56k-$6.17M-$0.5710.78%4.85%N/AN/A2024-05-09
DOMA
DOMA HOLDINGS INC
$84.30M$310.94M-$91.38M-$124.41M-$9.32-22.26%341.67%N/AN/A2024-05-07
PRA
PROASSURANCE CORP
$712.06M$1.14B$10.02M-$38.60M-$0.732.76%5.12%N/AN/A2024-05-07
CNFR
CONIFER HOLDINGS INC
$11.81M$98.76M-$23.02M-$25.89M-$2.12-5.85%-0.03%N/AN/A2024-05-08

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in Apr 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 57, which is 27 points higher than the property & casualty insurance industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock return 7.23% over the past year, underperforming other property & casualty insurance stocks by -14 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 6.17% from Selective Insurance Group's current stock price of $103.14.

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. Palomar Holdings (NASDAQ:PLMR)


Palomar Holdings (NASDAQ:PLMR) is the second best property & casualty insurance stock with a Zen Score of 53, which is 23 points higher than the property & casualty insurance industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Palomar Holdings has seen its stock return 55.01% over the past year, overperforming other property & casualty insurance stocks by 34 percentage points.

Palomar Holdings has an average 1 year price target of $87.50, an upside of 7.52% from Palomar Holdings's current stock price of $81.38.

Palomar Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Palomar Holdings, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hci Group (NYSE:HCI)


Hci Group (NYSE:HCI) is the third best property & casualty insurance stock with a Zen Score of 52, which is 22 points higher than the property & casualty insurance industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 111.52% over the past year, overperforming other property & casualty insurance stocks by 90 percentage points.

Hci Group has an average 1 year price target of $128.50, an upside of 13.09% from Hci Group's current stock price of $113.63.

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.

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. Proassurance (NYSE:PRA)


Proassurance (NYSE:PRA) has an annual dividend yield of N/A, which is N/A percentage points lower than the property & casualty insurance industry average of 2.54%. Proassurance's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Proassurance's dividend has not shown consistent growth over the last 10 years.

Proassurance's dividend payout ratio of -6.8% indicates that its dividend yield might not be sustainable for the long-term.

2. Cna Financial (NYSE:CNA)


Cna Financial (NYSE:CNA) has an annual dividend yield of 8.37%, 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% 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.

3. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.21%, 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 66.4% 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 0.11% 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 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. 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 71, which is 42 points higher than the property & casualty insurance industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has gained 7.23% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -14 percentage points.

2. Horace Mann Educators (NYSE:HMN)


Horace Mann Educators (NYSE:HMN) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Horace Mann Educators has a valuation score of 57, which is 28 points higher than the property & casualty insurance industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Horace Mann Educators's stock has gained 16.75% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -4 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 57, which is 28 points higher than the property & casualty insurance industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 206.12% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 185 percentage points.

Are property & casualty insurance stocks a good buy now?

43.33% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 4.1% 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 4.84x.
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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.