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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
HCI
HCI GROUP INC
United States
$980.17M10,476,41370.43%11.82%Net SellingNet Selling
HGTY
HAGERTY INC
United States
$3.73B336,737,19220.69%23.37%Net SellingNet Selling
SIGI
SELECTIVE INSURANCE GROUP INC
United States
$6.09B60,792,02482.34%4.28%Net Selling
CINF
CINCINNATI FINANCIAL CORP
United States
$19.59B156,558,41165.03%14.56%Net BuyingNet Buying
PLMR
PALOMAR HOLDINGS INC
United States
$2.28B24,923,28686.10%13.90%Net SellingNet Selling
HMN
HORACE MANN EDUCATORS CORP
United States
$1.43B40,963,67095.51%4.49%Net SellingNet Buying
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
United States
$1.58B39,995,02770.93%12.90%Net SellingNet Selling
TRV
TRAVELERS COMPANIES INC
United States
$49.87B228,993,39281.01%1.65%Net SellingNet Selling
THG
HANOVER INSURANCE GROUP INC
United States
$4.74B35,942,94685.96%5.22%Net SellingNet Selling
AFG
AMERICAN FINANCIAL GROUP INC
United States
$10.80B83,866,97242.44%57.56%Net BuyingNet Buying
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
United States
$4.48B2,565,73362.01%37.99%Net Selling
MKL
MARKEL GROUP INC
United States
$20.94B13,002,64677.28%3.10%Net SellingNet Selling
CB
CHUBB LTD
Switzerland
$106.25B406,061,04587.93%1.15%Net SellingNet Selling
DGICA
DONEGAL GROUP INC
United States
$466.84M33,393,42930.05%17.57%Net BuyingNet Buying
ALL
ALLSTATE CORP
United States
$44.29B263,915,33275.75%1.60%Net BuyingNet Selling
SAFT
SAFETY INSURANCE GROUP INC
United States
$1.23B14,836,56564.26%35.74%Net BuyingNet Selling
CNA
CNA FINANCIAL CORP
United States
$12.99B271,282,01051.46%48.54%Net BuyingNet Selling
KNSL
KINSALE CAPITAL GROUP INC
United States
$9.38B23,276,41984.21%11.93%Net SellingNet Selling
PGR
PROGRESSIVE CORP
United States
$123.00B585,698,38784.04%8.85%Net SellingNet Selling
WRB
BERKLEY W R CORP
United States
$20.87B383,493,41645.61%34.51%Net Selling
ACIC
AMERICAN COASTAL INSURANCE CORP
United States
$544.77M47,828,49119.14%70.70%Net SellingNet Selling
L
LOEWS CORP
United States
$17.35B221,406,25945.02%54.98%Net SellingNet Selling
UVE
UNIVERSAL INSURANCE HOLDINGS INC
United States
$561.38M28,759,09164.43%29.22%Net SellingNet Selling
STC
STEWART INFORMATION SERVICES CORP
United States
$1.97B27,580,53592.62%7.38%Net SellingNet Buying
MCY
MERCURY GENERAL CORP
United States
$3.13B55,371,12741.76%35.76%Net Buying
GBLI
GLOBAL INDEMNITY GROUP LLC
Cayman Islands
$421.74M13,604,37534.24%65.76%Net BuyingNet Buying
HRTG
HERITAGE INSURANCE HOLDINGS INC
United States
$223.34M30,636,49648.03%20.22%Net BuyingNet Buying
NODK
NI HOLDINGS INC
United States
$322.85M20,629,45421.95%64.22%Net Buying
ROOT
ROOT INC
United States
$1.21B14,900,00017.09%82.91%Net SellingNet Selling
KINS
KINGSTONE COMPANIES INC
United States
$53.39M11,008,03613.77%41.15%Net Buying
RLI
RLI CORP
United States
$6.51B45,709,88178.35%11.42%Net BuyingNet Buying
UFCS
UNITED FIRE GROUP INC
United States
$556.76M25,295,94220.76%79.24%Net BuyingNet Buying
KMPR
KEMPER CORP
United States
$4.08B64,375,35262.88%37.12%Net BuyingNet Buying
LMND
LEMONADE INC
United States
$1.59B70,501,57840.78%59.22%Net BuyingNet Buying
PRA
PROASSURANCE CORP
United States
$605.00M51,012,06683.97%12.79%Net BuyingNet Buying
BOW
BOWHEAD SPECIALTY HOLDINGS INC
United States
N/A30,666,6670.00%100.00%Net BuyingNet Buying
CNFR
CONIFER HOLDINGS INC
United States
$10.14M12,222,8813.57%96.43%Net Buying
DOMA
DOMA HOLDINGS INC
United States
$84.35M14,012,2450.96%99.04%Net SellingNet Selling

Property & Casualty Insurance Stocks FAQ

What are the best property & casualty insurance stocks to buy right now in Jul 2024?

According to Zen Score, the 3 best property & casualty insurance stocks to buy right now are:

1. Hci Group (NYSE:HCI)


Hci Group (NYSE:HCI) is the top property & casualty insurance stock with a Zen Score of 57, which is 24 points higher than the property & casualty insurance industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 57.64% over the past year, overperforming other property & casualty insurance stocks by 36 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 41.35% from Hci Group's current stock price of $93.56.

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.

2. Hagerty (NYSE:HGTY)


Hagerty (NYSE:HGTY) is the second best property & casualty insurance stock with a Zen Score of 55, which is 22 points higher than the property & casualty insurance industry average of 33. It passed 19 out of 33 due diligence checks and has strong fundamentals. Hagerty has seen its stock return 23.5% over the past year, overperforming other property & casualty insurance stocks by 2 percentage points.

Hagerty has an average 1 year price target of $11.00, a downside of -0.81% from Hagerty's current stock price of $11.09.

Hagerty stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Hagerty, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Selective Insurance Group (NASDAQ:SIGI)


Selective Insurance Group (NASDAQ:SIGI) is the third best property & casualty insurance stock with a Zen Score of 51, which is 18 points higher than the property & casualty insurance industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock return 5.36% over the past year, underperforming other property & casualty insurance stocks by -17 percentage points.

Selective Insurance Group has an average 1 year price target of $106.60, an upside of 6.36% from Selective Insurance Group's current stock price of $100.23.

Selective Insurance Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Selective Insurance Group, 0% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the property & casualty insurance stocks with highest dividends?

Out of 21 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 7.77%, which is 5 percentage points higher than the property & casualty insurance industry average of 2.53%. 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. 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 2.53%. American Financial Group's dividend payout is not stable, having dropped more than 10% nineteen 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. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 4.88%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.53%. 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.

Why are property & casualty insurance stocks up?

Property & casualty insurance stocks were up 1.2% in the last day, and up 4.2% 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. White Mountains Insurance Group (NYSE:WTM)


White Mountains Insurance Group (NYSE:WTM) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. White Mountains Insurance Group has a valuation score of 71, which is 40 points higher than the property & casualty insurance industry average of 31. It passed 5 out of 7 valuation due diligence checks.

White Mountains Insurance Group's stock has gained 14.69% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -7 percentage points.

2. Loews (NYSE:L)


Loews (NYSE:L) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews has a valuation score of 57, which is 26 points higher than the property & casualty insurance industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Loews's stock has gained 30.34% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 8 percentage points.

3. Horace Mann Educators (NYSE:HMN)


Horace Mann Educators (NYSE:HMN) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Horace Mann Educators has a valuation score of 57, which is 26 points higher than the property & casualty insurance industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Horace Mann Educators's stock has gained 21.55% in the past year. It has performed in line with other stocks in the property & casualty insurance industry.

Are property & casualty insurance stocks a good buy now?

53.33% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 7.2% 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 17.44x.
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.