WallStreetZenWallStreetZen

Sectors & IndustriesFinancial 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
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
ACGL
ARCH CAPITAL GROUP LTD
$36.24B$14.41B$4.24B$4.81B$13.0132.92%19.59%144.55%38.86%2024-07-24
HIG
HARTFORD FINANCIAL SERVICES GROUP INC
$30.09B$25.04B$4.05B$2.70B$8.929.43%5.45%50.93%11.87%2024-07-25
AEG
AEGON LTD
$11.70B$54.48B$2.35B$2.15B$1.02N/A18.18%N/A25.68%
ORI
OLD REPUBLIC INTERNATIONAL CORP
$8.50B$7.52B$966.60M$715.40M$2.60-1.57%2.03%33.33%0.08%2024-07-25
AIG
AMERICAN INTERNATIONAL GROUP INC
$51.20B$48.40B$10.43B$4.79B$6.79-4.15%0.11%-14.81%N/A2024-07-31
GSHD
GOOSEHEAD INSURANCE INC
$2.32B$267.78M$31.43M$16.04M$0.6618.45%31.27%371.43%N/A2024-07-24
IGIC
INTERNATIONAL GENERAL INSURANCE HOLDINGS LTD
$692.31M$484.11MN/A$122.26M$2.7314.18%7.00%30.62%25.41%2024-08-13
BRK.B
BERKSHIRE HATHAWAY INC
$915.45B$410.93B$108.02B$73.42B$33.8443.98%9.93%901.18%25.41%
ESGR
ENSTAR GROUP LTD
$5.00B$1.05B$657.00M$777.00M$50.91N/A-5.68%N/A36.06%2024-07-31
FIHL
FIDELIS INSURANCE HOLDINGS LTD
$2.05B$2.06B$441.60M$481.10M$4.01-36.35%N/A-74.65%N/A
EQH
EQUITABLE HOLDINGS INC
$13.79B$10.40B$2.14B$1.16B$3.39-12.26%-0.95%-26.62%18.68%2024-07-30
SLF
SUN LIFE FINANCIAL INC
$29.23B$22.91BN/A$2.26B$3.879.56%-7.97%4.62%3.29%2024-08-12
WDH
WATERDROP INC
$428.81M$377.49MN/A$27.40M$0.08-5.62%N/A-56.08%N/A2024-09-05
FGF
FUNDAMENTAL GLOBAL INC
$28.94M$28.96M-$1.07M-$3.20M-$0.199.24%83.47%N/AN/A2024-08-08

Life Insurance Stocks FAQ

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

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

1. Arch Capital Group (NASDAQ:ACGL)


Arch Capital Group (NASDAQ:ACGL) is the top life insurance stock with a Zen Score of 55, which is 22 points higher than the life insurance industry average of 33. It passed 19 out of 33 due diligence checks and has strong fundamentals. Arch Capital Group has seen its stock return 26.34% over the past year.

Arch Capital Group has an average 1 year price target of $106.55, an upside of 10.41% from Arch Capital Group's current stock price of $96.50.

Arch Capital Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Arch Capital Group, 54.55% have issued a Strong Buy rating, 18.18% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hartford Financial Services Group (NYSE:HIG)


Hartford Financial Services Group (NYSE:HIG) is the second best life insurance stock with a Zen Score of 45, which is 12 points higher than the life insurance industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Hartford Financial Services Group has seen its stock return 40.15% over the past year, overperforming other life insurance stocks by 14 percentage points.

Hartford Financial Services Group has an average 1 year price target of $112.67, an upside of 10.73% from Hartford Financial Services Group's current stock price of $101.75.

Hartford Financial Services Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Hartford Financial Services Group, 46.67% have issued a Strong Buy rating, 13.33% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Aegon (NYSE:AEG)


Aegon (NYSE:AEG) is the third best life insurance stock with a Zen Score of 42, which is 9 points higher than the life insurance industry average of 33. It passed 15 out of 38 due diligence checks and has strong fundamentals. Aegon has seen its stock return 21.4% over the past year, underperforming other life insurance stocks by -5 percentage points.

What are the life insurance stocks with highest dividends?

Out of 4 life insurance stocks that have issued dividends in the past year, the 3 life insurance stocks with the highest dividend yields are:

1. Aegon (NYSE:AEG)


Aegon (NYSE:AEG) has an annual dividend yield of 5.07%, which is 3 percentage points higher than the life insurance industry average of 2.37%. Aegon's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Aegon's dividend has shown consistent growth over the last 10 years.

Aegon's dividend payout ratio of 27.6% 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 2.41%, which is the same as the life insurance industry average of 2.37%. 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 38.5% indicates that its dividend yield is sustainable for the long-term.

3. American International Group (NYSE:AIG)


American International Group (NYSE:AIG) has an annual dividend yield of 1.92%, which is the same as the life insurance industry average of 2.37%. American International Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. American International Group's dividend has shown consistent growth over the last 10 years.

American International Group's dividend payout ratio of 21.2% indicates that its dividend yield is sustainable for the long-term.

Why are life insurance stocks up?

Life insurance stocks were up 1.18% in the last day, and up 2.32% over the last week.

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

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 62 points higher than the life insurance industry average of 38. It passed 7 out of 7 valuation due diligence checks.

International General Insurance Holdings's stock has gained 73.72% in the past year. It has overperformed other stocks in the life insurance industry by 47 percentage points.

2. Enstar Group (NASDAQ:ESGR)


Enstar Group (NASDAQ:ESGR) is the second most undervalued life insurance stock based on WallStreetZen's Valuation Score. Enstar Group has a valuation score of 71, which is 33 points higher than the life insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Enstar Group's stock has gained 35.93% in the past year. It has overperformed other stocks in the life insurance industry by 10 percentage points.

3. Fidelis Insurance Holdings (NYSE:FIHL)


Fidelis Insurance Holdings (NYSE:FIHL) is the third most undervalued life insurance stock based on WallStreetZen's Valuation Score. Fidelis Insurance Holdings has a valuation score of 43, which is 5 points higher than the life insurance industry average of 38. It passed 3 out of 7 valuation due diligence checks.

Fidelis Insurance Holdings's stock has gained 27.23% in the past year. It has overperformed other stocks in the life insurance industry by 1 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 12.57% 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 12.35x.
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.