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Best Property & Casualty Insurance Stocks to Buy Now (2022)
Top property & casualty insurance stocks in 2022 ranked by overall Zen Score. See the best property & casualty insurance stocks to buy now, according to analyst forecasts for the insurance - life industry.

Industry: Insurance - Life
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PRI
PRIMERICA INC
NYSE
Insurance - Life
$4.62B$123.45-0.60%$526.54M14.39x7.63
UNM
UNUM GROUP
NYSE
Insurance - Life
$7.76B$38.800.00%$1.66B7.07x5.50
MFC
MANULIFE FINANCIAL CORP
NYSE
Insurance - Life
$29.88B$15.67-0.38%$8.51B5.21x13.78
LNC
LINCOLN NATIONAL CORP
NYSE
Insurance - Life
$7.47B$43.91-1.35%$1.24B8.89x35.54
AEL
AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
NYSE
Insurance - Life
$3.27B$37.291.19%$1.54B3.13x17.46
MET
METLIFE INC
NYSE
Insurance - Life
$48.48B$60.78-0.47%$4.73B14.93x16.86
CNO
CNO FINANCIAL GROUP INC
NYSE
Insurance - Life
$2.06B$17.97-0.11%$699.70M4.66x14.30
NWLI
NATIONAL WESTERN LIFE GROUP INC
NASDAQ
Insurance - Life
$621.03M$170.80-1.84%$169.55M4.45x5.35
BHF
BRIGHTHOUSE FINANCIAL INC
NASDAQ
Insurance - Life
$3.12B$43.42-0.89%$2.55B1.69x21.39
PRU
PRUDENTIAL FINANCIAL INC
NYSE
Insurance - Life
$31.91B$85.78-0.60%$2.86B15.60x23.61
MDWT
MIDWEST HOLDING INC
NASDAQ
Insurance - Life
$49.45M$13.23-6.57%$4.76M-82.69x26.33
AFL
AFLAC INC
NYSE
Insurance - Life
$35.51B$56.20-0.67%$5.55B8.43x4.14
GL
GLOBE LIFE INC
NYSE
Insurance - Life
$9.71B$99.70-0.54%$949.28M14.22x3.89
CIA
CITIZENS INC
NYSE
Insurance - Life
$167.51M$3.34-0.30%-$13.48M5.48x20.24
GNW
GENWORTH FINANCIAL INC
NYSE
Insurance - Life
$1.76B$3.50-1.41%$1.19B2.20x6.47
AAME
ATLANTIC AMERICAN CORP
NASDAQ
Insurance - Life
$58.34M$2.86-4.03%$6.20M23.83x2.48
VERY
VERICITY INC
NASDAQ
Insurance - Life
$111.56M$7.502.74%-$13.37M-6.36x4.67
PUK
PRUDENTIAL PLC
NYSE
Insurance - Life
$27.35B$19.922.84%$2.64B-8.68x9.35
CRBG
COREBRIDGE FINANCIAL INC
NYSE
Insurance - Life
N/A$19.690.66%N/AN/A29.89

Property & Casualty Insurance Stocks FAQ

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

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

1. Primerica (NYSE:PRI)


Primerica (NYSE:PRI) is the top property & casualty insurance stock with a Zen Score of 57, which is 21 points higher than the property & casualty insurance industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Primerica has seen its stock lose -19.64% over the past year, underperforming other property & casualty insurance stocks by -5 percentage points.

Primerica has an average 1 year price target of $161.00, an upside of 30.42% from Primerica's current stock price of $123.45.

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

2. Unum Group (NYSE:UNM)


Unum Group (NYSE:UNM) is the second best property & casualty insurance stock with a Zen Score of 54, which is 18 points higher than the property & casualty insurance industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Unum Group has seen its stock return 54.83% over the past year, overperforming other property & casualty insurance stocks by 69 percentage points.

Unum Group has an average 1 year price target of $35.63, a downside of -8.18% from Unum Group's current stock price of $38.80.

Unum Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Unum Group, 11.11% have issued a Strong Buy rating, 0% have issued a Buy, 77.78% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.

3. Lincoln National (NYSE:LNC)


Lincoln National (NYSE:LNC) is the third best property & casualty insurance stock with a Zen Score of 45, which is 9 points higher than the property & casualty insurance industry average of 36. It passed 16 out of 38 due diligence checks and has strong fundamentals. Lincoln National has seen its stock lose -36.13% over the past year, underperforming other property & casualty insurance stocks by -22 percentage points.

Lincoln National has an average 1 year price target of $62.00, an upside of 41.2% from Lincoln National's current stock price of $43.91.

Lincoln National stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Lincoln National, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% 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 13 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. Manulife Financial (NYSE:MFC)


Manulife Financial (NYSE:MFC) has an annual dividend yield of 6.57%, which is 4 percentage points higher than the property & casualty insurance industry average of 2.63%. Manulife Financial's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Manulife Financial's dividend has shown consistent growth over the last 10 years.

Manulife Financial's dividend payout ratio of 33.2% indicates that its high dividend yield is sustainable for the long-term.

2. Prudential Financial (NYSE:PRU)


Prudential Financial (NYSE:PRU) has an annual dividend yield of 5.54%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.63%. Prudential Financial's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Prudential Financial's dividend has not shown consistent growth over the last 10 years.

Prudential Financial's dividend payout ratio of 85.5% indicates that its high dividend yield is sustainable for the long-term.

3. Lincoln National (NYSE:LNC)


Lincoln National (NYSE:LNC) has an annual dividend yield of 4.03%, which is 1 percentage points higher than the property & casualty insurance industry average of 2.63%. Lincoln National's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lincoln National's dividend has shown consistent growth over the last 10 years.

Lincoln National's dividend payout ratio of 35.8% indicates that its dividend yield is sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.75% in the last day, and down -1.15% 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. National Western Life Group (NASDAQ:NWLI)


National Western Life Group (NASDAQ:NWLI) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. National Western Life Group has a valuation score of 86, which is 43 points higher than the property & casualty insurance industry average of 43. It passed 6 out of 7 valuation due diligence checks.

National Western Life Group's stock has dropped -18.89% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -5 percentage points.

2. Brighthouse Financial (NASDAQ:BHF)


Brighthouse Financial (NASDAQ:BHF) is the second most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Brighthouse Financial has a valuation score of 71, which is 28 points higher than the property & casualty insurance industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Brighthouse Financial's stock has dropped -4% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 10 percentage points.

3. Genworth Financial (NYSE:GNW)


Genworth Financial (NYSE:GNW) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Genworth Financial has a valuation score of 57, which is 14 points higher than the property & casualty insurance industry average of 43. It passed 4 out of 7 valuation due diligence checks.

Genworth Financial's stock has dropped -6.67% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 8 percentage points.

Are property & casualty insurance stocks a good buy now?

50% of property & casualty insurance stocks rated by analysts are a hold right now. On average, analysts expect property & casualty insurance stocks to rise by 21.24% over the next year.

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

The average P/E ratio of the insurance - life industry is 8.41x.
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.