WallStreetZenWallStreetZen

Best Insurance Stocks to Buy Now (2022)
Top insurance stocks in 2022 ranked by overall Zen Score. See the best insurance stocks to buy now, according to analyst forecasts for the insurance brokers industry.

Industry: Insurance Brokers
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
WTW
WILLIS TOWERS WATSON PLC
NASDAQ
Insurance Brokers
$22.10B$200.94-0.66%$4.97B7.22x2.14
AJG
ARTHUR J GALLAGHER & CO
NYSE
Insurance Brokers
$36.01B$171.220.05%$2.04B33.97x3.53
MMC
MARSH & MCLENNAN COMPANIES INC
NYSE
Insurance Brokers
$74.50B$149.29-0.90%$5.84B22.25x2.11
FANH
FANHUA INC
NASDAQ
Insurance Brokers
$269.65M$5.02-3.46%$31.80M56.40x0.78
BRO
BROWN & BROWN INC
NYSE
Insurance Brokers
$17.08B$60.48-0.67%$1.05B27.87x1.87
AON
AON PLC
NYSE
Insurance Brokers
$56.50B$267.87-1.14%$2.71B38.43x49.61
BRP
BRP GROUP INC
NASDAQ
Insurance Brokers
$3.05B$26.350.27%$104.30M-146.39x3.26
ERIE
ERIE INDEMNITY CO
NASDAQ
Insurance Brokers
$10.27B$222.311.07%$376.07M35.18x0.63
CRVL
CORVEL CORP
NASDAQ
Insurance Brokers
$2.41B$138.43-0.88%$109.48M36.91x1.02
CRD.A
CRAWFORD & CO
NYSE
Insurance Brokers
$277.82M$5.741.06%$80.98M12.21x3.64
EHTH
EHEALTH INC
NASDAQ
Insurance Brokers
$106.58M$3.91-2.25%-$181.11M-0.57x0.26
RELI
RELIANCE GLOBAL GROUP INC
NASDAQ
Insurance Brokers
$12.75M$0.78-2.02%$2.93M-0.65x1.61
HUIZ
HUIZE HOLDING LTD
NASDAQ
Insurance Brokers
$43.21M$0.858.59%N/A-0.47x2.79
TIRX
TIAN RUIXIANG HOLDINGS LTD
NASDAQ
Insurance Brokers
$7.01M$0.623.00%-$1.66M-2.69x0.04
SLQT
SELECTQUOTE INC
NYSE
Insurance Brokers
$120.05M$0.73-8.64%-$317.42M-0.40x2.30
GOCO
GOHEALTH INC
NASDAQ
Insurance Brokers
$116.90M$0.36-1.11%-$74.75M-0.17x3.29

Insurance Stocks FAQ

What are the best insurance stocks to buy right now in Oct 2022?

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

1. Willis Towers Watson (NASDAQ:WTW)


Willis Towers Watson (NASDAQ:WTW) is the top insurance stock with a Zen Score of 55, which is 19 points higher than the insurance industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Willis Towers Watson has seen its stock lose -13.56% over the past year, underperforming other insurance stocks by -6 percentage points.

Willis Towers Watson has an average 1 year price target of $243.38, an upside of 21.12% from Willis Towers Watson's current stock price of $200.94.

Willis Towers Watson stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Willis Towers Watson, 12.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Arthur J Gallagher & Co (NYSE:AJG)


Arthur J Gallagher & Co (NYSE:AJG) is the second best insurance stock with a Zen Score of 49, which is 13 points higher than the insurance industry average of 36. It passed 18 out of 38 due diligence checks and has strong fundamentals. Arthur J Gallagher & Co has seen its stock return 15.18% over the past year, overperforming other insurance stocks by 23 percentage points.

Arthur J Gallagher & Co has an average 1 year price target of $203.00, an upside of 18.56% from Arthur J Gallagher & Co's current stock price of $171.22.

Arthur J Gallagher & Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Arthur J Gallagher & Co, 60% have issued a Strong Buy rating, 10% have issued a Buy, 30% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Fanhua (NASDAQ:FANH)


Fanhua (NASDAQ:FANH) is the third best insurance stock with a Zen Score of 46, which is 10 points higher than the insurance industry average of 36. It passed 18 out of 38 due diligence checks and has strong fundamentals. Fanhua has seen its stock lose -58.31% over the past year, underperforming other insurance stocks by -51 percentage points.

Fanhua has an average 1 year price target of $14.00, an upside of 178.88% from Fanhua's current stock price of $5.02.

Fanhua stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Fanhua, 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.

What are the insurance stocks with highest dividends?

Out of 6 insurance stocks that have issued dividends in the past year, the 3 insurance stocks with the highest dividend yields are:

1. Erie Indemnity Co (NASDAQ:ERIE)


Erie Indemnity Co (NASDAQ:ERIE) has an annual dividend yield of 1.96%, which is the same as the insurance industry average of 1.95%. Erie Indemnity Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Erie Indemnity Co's dividend has shown consistent growth over the last 10 years.

Erie Indemnity Co's dividend payout ratio of 69.1% indicates that its dividend yield is sustainable for the long-term.

2. Willis Towers Watson (NASDAQ:WTW)


Willis Towers Watson (NASDAQ:WTW) has an annual dividend yield of 1.62%, which is the same as the insurance industry average of 1.95%. Willis Towers Watson's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Willis Towers Watson's dividend has shown consistent growth over the last 10 years.

Willis Towers Watson's dividend payout ratio of 11.6% indicates that its dividend yield is sustainable for the long-term.

3. Marsh & Mclennan Companies (NYSE:MMC)


Marsh & Mclennan Companies (NYSE:MMC) has an annual dividend yield of 1.47%, which is the same as the insurance industry average of 1.95%. Marsh & Mclennan Companies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Marsh & Mclennan Companies's dividend has shown consistent growth over the last 10 years.

Marsh & Mclennan Companies's dividend payout ratio of 31.9% indicates that its dividend yield is sustainable for the long-term.

Why are insurance stocks down?

Insurance stocks were down -0.41% in the last day, and down -0.54% over the last week.

We couldn't find a catalyst for why insurance stocks are down.

What are the most undervalued insurance stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued insurance stocks right now are:

1. Fanhua (NASDAQ:FANH)


Fanhua (NASDAQ:FANH) is the most undervalued insurance stock based on WallStreetZen's Valuation Score. Fanhua has a valuation score of 71, which is 36 points higher than the insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Fanhua's stock has dropped -58.31% in the past year. It has underperformed other stocks in the insurance industry by -51 percentage points.

2. Crawford & Co (NYSE:CRD.A)


Crawford & Co (NYSE:CRD.A) is the second most undervalued insurance stock based on WallStreetZen's Valuation Score. Crawford & Co has a valuation score of 71, which is 36 points higher than the insurance industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Crawford & Co's stock has dropped -36.01% in the past year. It has underperformed other stocks in the insurance industry by -28 percentage points.

3. Willis Towers Watson (NASDAQ:WTW)


Willis Towers Watson (NASDAQ:WTW) is the third most undervalued insurance stock based on WallStreetZen's Valuation Score. Willis Towers Watson has a valuation score of 57, which is 22 points higher than the insurance industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Willis Towers Watson's stock has dropped -13.56% in the past year. It has underperformed other stocks in the insurance industry by -6 percentage points.

Are insurance stocks a good buy now?

46.15% of insurance stocks rated by analysts are a hold right now. On average, analysts expect insurance stocks to rise by 20.76% over the next year.

What is the average p/e ratio of the insurance brokers industry?

The average P/E ratio of the insurance brokers industry is 25.62x.
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.