Sectors & Industries Financial ServicesInsurance - Diversified
Best Life Insurance Stocks to Buy Now (2024)
Top life insurance stocks in 2024 ranked by overall Zen Score. See the best life insurance stocks to buy now, according to analyst forecasts for the insurance - diversified industry.

Industry: Insurance - Diversified

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
FIHL	FIDELIS INSURANCE HOLDINGS LTD	$18.66	508,680	26.48%	27.24	27.24	26.00	23.14	20.43	44.13	15.50	22.48	0.00	0.33	0.22	0.48	-0.26	0.91
ACGL	ARCH CAPITAL GROUP LTD	$90.63	1,015,957	-38.24%	91.65	91.58	88.97	83.97	82.01	49.94	20.53	17.88	10.91	5.67	0.50	0.96	-0.47	1.01
BRK.B	BERKSHIRE HATHAWAY INC	$397.74	2,455,601	-28.42%	407.95	411.96	407.78	386.35	368.98	34.85	3.44	5.36	1.38	0.46	-1.65	1.19	-2.85	0.82
AIG	AMERICAN INTERNATIONAL GROUP INC	$72.58	6,188,514	33.73%	75.03	76.24	73.82	70.59	65.56	37.29	11.59	9.35	4.61	3.07	-0.26	0.46	-0.72	1.24
ESGR	ENSTAR GROUP LTD	$276.68	41,618	-23.59%	286.95	294.26	292.37	286.42	267.51	33.62	5.98	5.65	2.49	1.66	-3.94	-1.36	-2.58	0.84
HIG	HARTFORD FINANCIAL SERVICES GROUP INC	$95.78	2,617,455	61.53%	99.19	100.36	97.16	89.47	81.04	37.47	7.90	8.21	2.39	2.87	-0.04	0.89	-0.93	0.97
GSHD	GOOSEHEAD INSURANCE INC	$56.50	386,963	66.37%	58.65	63.41	72.93	73.81	71.12	27.82	7.68	11.29	3.16	10.19	-4.70	-4.37	-0.33	1.30
EQH	EQUITABLE HOLDINGS INC	$35.64	2,036,609	-40.24%	36.85	37.08	35.34	33.94	30.89	42.03	5.50	9.87	0.12	0.10	0.22	0.57	-0.35	1.45
IGIC	INTERNATIONAL GENERAL INSURANCE HOLDINGS LTD	$13.50	51,129	-31.15%	13.61	13.53	13.11	12.90	11.69	51.99	45.29	45.71	27.62	20.97	0.14	0.17	-0.03	0.44
SLF	SUN LIFE FINANCIAL INC	$50.21	356,769	-11.18%	51.94	53.08	53.57	52.37	50.83	21.89	5.88	5.40	0.00	0.00	-0.89	-0.48	-0.41	0.93
ORI	OLD REPUBLIC INTERNATIONAL CORP	$28.64	2,675,838	73.03%	29.75	30.03	29.28	29.21	28.17	34.54	4.92	4.58	1.05	0.70	-0.10	0.16	-0.26	0.94
WDH	WATERDROP INC	$1.23	223,209	-48.93%	1.26	1.27	1.21	1.14	1.29	47.41	35.56	31.53	8.03	3.14	0.01	0.02	-0.01	0.70
AEG	AEGON LTD	$5.87	3,097,507	-26.65%	6.05	6.03	5.88	5.80	5.43	43.88	11.34	10.84	2.11	2.11	0.02	0.06	-0.04	1.14
FGF	FUNDAMENTAL GLOBAL INC	$1.43	2,569	-83.91%	1.42	1.41	1.37	1.38	1.40	52.75	51.67	52.84	59.88	63.95	0.01	0.01	0.00	0.50

Life Insurance Stocks FAQ

What are the best life insurance stocks to buy right now in Apr 2024?

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

1. Fidelis Insurance Holdings (NYSE:FIHL)

Fidelis Insurance Holdings (NYSE:FIHL) is the top life insurance stock with a Zen Score of 49, which is 13 points higher than the life insurance industry average of 36. It passed 16 out of 33 due diligence checks and has strong fundamentals.

Fidelis Insurance Holdings has an average 1 year price target of $20.30, an upside of 8.79% from Fidelis Insurance Holdings's current stock price of $18.66.

Fidelis Insurance Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Fidelis Insurance Holdings, 20% have issued a Strong Buy rating, 40% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Arch Capital Group (NASDAQ:ACGL)

Arch Capital Group (NASDAQ:ACGL) is the second best life insurance stock with a Zen Score of 44, which is 8 points higher than the life insurance industry average of 36. It passed 15 out of 33 due diligence checks and has strong fundamentals. Arch Capital Group has seen its stock return 27.74% over the past year, overperforming other life insurance stocks by 5 percentage points.

Arch Capital Group has an average 1 year price target of $99.89, an upside of 10.22% from Arch Capital Group's current stock price of $90.63.

Arch Capital Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Arch Capital Group, 44.44% have issued a Strong Buy rating, 22.22% 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. Berkshire Hathaway (NYSE:BRK.B)

Berkshire Hathaway (NYSE:BRK.B) is the third best life insurance stock with a Zen Score of 44, which is 8 points higher than the life insurance industry average of 36. It passed 14 out of 33 due diligence checks and has strong fundamentals. Berkshire Hathaway has seen its stock return 22.84% over the past year.

Berkshire Hathaway has an average 1 year price target of $477.00, an upside of 19.93% from Berkshire Hathaway's current stock price of $397.74.

Berkshire Hathaway stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Berkshire Hathaway, 100% have issued a Strong Buy rating, 0% 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 life insurance stocks with highest dividends?

Out of 5 life insurance stocks that have issued dividends in the past year, the 3 life insurance stocks with the highest dividend yields are:

1. Sun Life Financial (NYSE:SLF)

Sun Life Financial (NYSE:SLF) has an annual dividend yield of 4.89%, which is 2 percentage points higher than the life insurance industry average of 2.8%. Sun Life Financial's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Sun Life Financial's dividend has shown consistent growth over the last 10 years.

Sun Life Financial's dividend payout ratio of 56% indicates that its high dividend yield is sustainable for the long-term.

2. Old Republic International (NYSE:ORI)

Old Republic International (NYSE:ORI) has an annual dividend yield of 3.49%, which is 1 percentage points higher than the life insurance industry average of 2.8%. Old Republic International's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Old Republic International's dividend has shown consistent growth over the last 10 years.

Old Republic International's dividend payout ratio of 46.2% indicates that its dividend yield is sustainable for the long-term.

3. Equitable Holdings (NYSE:EQH)

Equitable Holdings (NYSE:EQH) has an annual dividend yield of 2.47%, which is the same as the life insurance industry average of 2.8%. Equitable Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Equitable Holdings's dividend has shown consistent growth over the last 10 years.

Equitable Holdings's dividend payout ratio of 25.2% indicates that its dividend yield is sustainable for the long-term.

Why are life insurance stocks down?

Life insurance stocks were down -0.75% in the last day, and down -3.08% over the last week.

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

What are the most undervalued life insurance stocks?

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

1. International General Insurance Holdings (NASDAQ:IGIC)

International General Insurance Holdings (NASDAQ:IGIC) is the most undervalued life insurance stock based on WallStreetZen's Valuation Score. International General Insurance Holdings has a valuation score of 100, which is 54 points higher than the life insurance industry average of 46. It passed 7 out of 7 valuation due diligence checks.

International General Insurance Holdings's stock has gained 64.03% in the past year. It has overperformed other stocks in the life insurance industry by 42 percentage points.

2. Fidelis Insurance Holdings (NYSE:FIHL)

Fidelis Insurance Holdings (NYSE:FIHL) is the second most undervalued life insurance stock based on WallStreetZen's Valuation Score. Fidelis Insurance Holdings has a valuation score of 71, which is 25 points higher than the life insurance industry average of 46. It passed 5 out of 7 valuation due diligence checks.

3. Aegon (NYSE:AEG)

Aegon (NYSE:AEG) is the third most undervalued life insurance stock based on WallStreetZen's Valuation Score. Aegon has a valuation score of 71, which is 25 points higher than the life insurance industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Aegon's stock has gained 31.61% in the past year. It has overperformed other stocks in the life insurance industry by 9 percentage points.

Are life insurance stocks a good buy now?

66.67% of life insurance stocks rated by analysts are a buy right now. On average, analysts expect life insurance stocks to rise by 18.77% over the next year.

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

The average P/E ratio of the insurance - diversified industry is 9.54x.

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.