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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
$5.86B$4.40B$505.20M$345.98M$5.7018.47%10.59%36.69%8.68%
HCI
HCI GROUP INC
$1.11B$550.67M$126.73M$79.03M$9.1310.23%18.94%N/A31.30%2024-05-08
CINF
CINCINNATI FINANCIAL CORP
$18.31B$10.71B$3.12B$2.37B$15.1341.14%11.04%37,725.00%19.42%
MKL
MARKEL GROUP INC
$20.56B$16.63B$3.69B$2.50B$185.3730.79%16.53%819.49%37.63%2024-05-22
TRV
TRAVELERS COMPANIES INC
$48.97B$42.89B$4.20B$3.14B$13.5913.52%6.94%14.59%6.48%2024-05-15
HMN
HORACE MANN EDUCATORS CORP
$1.53B$1.49B$109.20M$45.00M$1.097.98%4.60%127.08%19.89%2024-05-08
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.50B$961.01M$151.85M$107.03M$2.8441.39%N/A162.96%N/A
KNSL
KINSALE CAPITAL GROUP INC
$8.90B$1.33B$444.92M$351.23M$15.2245.44%40.44%90.01%48.05%2024-05-23
CB
CHUBB LTD
$100.92B$51.57B$10.76B$9.28B$22.6915.83%9.50%82.25%21.70%2024-05-16
THG
HANOVER INSURANCE GROUP INC
$4.80B$6.10B$244.70M$162.80M$4.549.30%5.71%N/A-15.65%2024-05-14
ALL
ALLSTATE CORP
$44.39B$58.57B$2.62B$1.22B$4.6210.79%7.37%N/A-7.44%2024-05-14
AFG
AMERICAN FINANCIAL GROUP INC
$10.69B$7.99B$1.27B$882.00M$10.4711.14%1.13%8.61%5.53%2024-05-23
PLMR
PALOMAR HOLDINGS INC
$2.01B$405.26M$123.37M$88.27M$3.5619.84%39.48%62.56%N/A
WRB
BERKLEY W R CORP
$20.08B$12.50B$1.97B$1.53B$5.6912.19%10.08%44.78%19.93%
CNA
CNA FINANCIAL CORP
$12.03B$13.30B$1.72B$1.21B$4.4411.95%5.59%76.89%8.23%2024-05-06
RLI
RLI CORP
$6.56B$1.59B$429.92M$333.70M$7.31-11.47%12.18%-47.64%22.50%
L
LOEWS CORP
$16.98B$15.90B$2.80B$1.43B$6.3013.22%2.48%85.84%25.92%2024-05-14
PGR
PROGRESSIVE CORP
$122.24B$62.11B$5.47B$3.86B$6.6125.19%14.20%455.46%8.24%2024-05-15
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$569.72M$1.44B$116.87M$76.31M$2.5915.29%10.68%N/A-5.13%2024-06-13
SAFT
SAFETY INSURANCE GROUP INC
$1.17B$930.96M$31.88M$18.88M$1.2816.73%2.16%-59.62%-25.24%2024-05-15
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.61B$2.17B$538.60M$509.20M$198.6087.12%42.47%-28.29%N/A2024-05-07
MCY
MERCURY GENERAL CORP
$3.03B$4.80B$349.90M$215.09M$3.8921.63%5.82%N/A4.44%2024-05-08
HRTG
HERITAGE INSURANCE HOLDINGS INC
$246.28M$735.50M$71.90M$45.31M$1.7311.03%8.90%N/A10.50%2024-06-06
HGTY
HAGERTY INC
$2.99B$1.00B$71.49M$16.55M$0.1927.00%27.09%-51.28%N/A2024-06-04
DGICA
DONEGAL GROUP INC
$452.48M$943.73M$10.81M$5.18M$0.169.06%3.43%N/A-11.81%
ACIC
AMERICAN COASTAL INSURANCE CORP
$493.77M$286.54M$342.19M$309.91M$7.116.21%-16.92%N/A271.86%2024-05-09
ROOT
ROOT INC
$838.72M$639.80M-$53.30M-$112.70M-$7.80116.51%N/AN/AN/A2024-06-05
NODK
NI HOLDINGS INC
$307.79M$365.70M-$3.23M-$5.48M-$0.2612.72%11.48%N/AN/A2024-05-21
GBLI
GLOBAL INDEMNITY GROUP LLC
$438.74M$528.13M$39.18M$24.99M$1.84-15.97%1.14%N/AN/A2024-05-08
STC
STEWART INFORMATION SERVICES CORP
$1.73B$2.21B$127.89M$30.44M$1.12-27.43%3.22%-81.33%-11.13%2024-05-08
KMPR
KEMPER CORP
$3.80B$4.79B$240.20M-$120.70M-$1.89-12.04%2.34%N/AN/A
UFCS
UNITED FIRE GROUP INC
$572.28M$1.10B-$25.95M-$29.70M-$1.1811.75%0.47%N/AN/A2024-05-07
LMND
LEMONADE INC
$1.23B$453.70M-$190.40M-$218.40M-$3.1247.50%N/AN/AN/A2024-06-06
KINS
KINGSTONE COMPANIES INC
$46.56M$144.19M-$389.56k-$6.17M-$0.5710.78%4.85%N/AN/A2024-05-14
DOMA
DOMA HOLDINGS INC
$84.02M$310.94M-$91.38M-$124.41M-$9.32-22.26%341.67%N/AN/A2024-06-13
PRA
PROASSURANCE CORP
$704.92M$1.14B$10.02M-$38.60M-$0.732.76%5.12%N/AN/A2024-05-06
CNFR
CONIFER HOLDINGS INC
$11.12M$98.76M-$23.02M-$25.89M-$2.12-5.85%-0.03%N/AN/A2024-05-22

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 high dividend yield might not be sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.11% 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.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.