Sectors & Industries Financial ServicesInsurance - Life
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 - life industry.

Industry: Insurance - Life

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
MFC	MANULIFE FINANCIAL CORP	$26.39	2,056,983	38.58%	25.32	24.39	24.18	23.34	21.10	73.88	96.48	93.69	90.81	88.36	0.64	0.37	0.27	1.10
LNC	LINCOLN NATIONAL CORP	$30.06	1,162,721	3.80%	29.34	28.62	28.81	28.05	26.33	61.93	93.35	90.90	100.00	100.00	0.34	0.11	0.23	1.91
AFL	AFLAC INC	$87.14	1,640,290	-15.84%	85.57	84.73	83.99	82.63	80.57	65.44	93.69	94.17	95.26	95.90	0.98	0.66	0.32	0.97
PRI	PRIMERICA INC	$224.33	117,159	38.95%	222.07	219.35	232.99	231.17	217.66	50.49	84.55	85.59	96.59	98.86	-1.62	-3.50	1.88	1.12
PRU	PRUDENTIAL FINANCIAL INC	$119.93	1,517,431	39.39%	117.34	114.40	113.71	109.57	102.41	68.93	95.71	93.01	96.45	92.38	2.00	1.26	0.74	1.31
UNM	UNUM GROUP	$52.77	744,914	-1.71%	52.57	52.00	52.02	49.67	48.37	57.91	79.14	83.02	74.45	82.16	0.36	0.26	0.10	1.30
GL	GLOBE LIFE INC	$83.94	2,369,517	53.80%	85.18	80.18	94.63	109.04	111.92	48.25	76.72	77.92	77.78	80.50	-0.87	-2.95	2.09	1.01
MET	METLIFE INC	$73.47	2,834,870	21.90%	72.22	71.87	72.05	70.24	66.50	59.96	92.77	92.15	97.34	93.48	0.42	0.16	0.26	1.18
CNO	CNO FINANCIAL GROUP INC	$28.81	447,537	-7.99%	28.02	27.31	26.84	27.01	25.73	70.17	92.61	89.56	98.84	96.55	0.54	0.37	0.17	1.37
NWLI	NATIONAL WESTERN LIFE GROUP INC	$491.23	13,620	93.30%	490.34	489.32	489.17	486.53	475.64	61.44	84.12	84.17	97.67	95.30	0.60	0.36	0.23	1.09
JXN	JACKSON FINANCIAL INC	$75.70	454,743	-13.92%	74.66	71.74	67.07	59.19	49.78	67.75	56.96	56.68	36.32	36.08	2.92	2.70	0.22	1.45
CIA	CITIZENS INC	$2.58	36,147	-37.24%	2.39	2.25	2.18	2.47	2.77	65.29	62.92	72.06	86.83	91.39	0.11	0.06	0.05	0.80
PUK	PRUDENTIAL PLC	$20.98	595,865	51.80%	19.85	19.08	19.10	20.06	21.44	68.85	98.08	96.30	98.38	95.63	0.48	0.21	0.27	1.37
FG	F&G ANNUITIES & LIFE INC	$40.74	78,975	11.45%	40.40	39.43	38.79	41.09	37.04	55.75	73.49	62.25	60.37	48.77	0.54	0.38	0.16	1.04
AAME	ATLANTIC AMERICAN CORP	$1.71	5,157	129.81%	1.79	1.85	2.24	2.40	2.14	32.25	22.69	18.26	88.07	76.37	-0.13	-0.14	0.01	0.31
BHF	BRIGHTHOUSE FINANCIAL INC	$46.22	459,902	24.73%	47.28	48.16	48.46	49.51	49.48	42.19	9.90	8.92	12.06	10.50	-0.78	-0.46	-0.32	1.75
ABL	ABACUS LIFE INC	$11.64	15,862	98.65%	11.93	11.92	11.91	11.72	9.41	43.32	39.60	40.92	26.75	38.91	-0.02	0.00	-0.03	0.05
GNW	GENWORTH FINANCIAL INC	$6.59	2,034,236	18.02%	6.58	6.32	6.26	6.28	6.11	63.14	76.98	77.25	72.71	74.41	0.13	0.10	0.03	1.12
VERY	VERICITY INC	$11.29	1,070	-64.05%	11.31	11.33	11.36	11.32	10.08	45.03	33.33	31.75	22.09	18.49	-0.02	-0.01	-0.00	0.19

Property & Casualty Insurance Stocks FAQ

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

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

1. Manulife Financial (NYSE:MFC)

Manulife Financial (NYSE:MFC) is the top property & casualty insurance stock with a Zen Score of 55, which is 21 points higher than the property & casualty insurance industry average of 34. It passed 20 out of 38 due diligence checks and has strong fundamentals. Manulife Financial has seen its stock return 38.02% over the past year, underperforming other property & casualty insurance stocks by -7 percentage points.

Manulife Financial has an average 1 year price target of $35.00, an upside of 32.63% from Manulife Financial's current stock price of $26.39.

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

2. Lincoln National (NYSE:LNC)

Lincoln National (NYSE:LNC) is the second best property & casualty insurance stock with a Zen Score of 54, which is 20 points higher than the property & casualty insurance industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln National has seen its stock return 55.11% over the past year, overperforming other property & casualty insurance stocks by 11 percentage points.

Lincoln National has an average 1 year price target of $30.38, an upside of 1.05% from Lincoln National's current stock price of $30.06.

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

3. Aflac (NYSE:AFL)

Aflac (NYSE:AFL) is the third best property & casualty insurance stock with a Zen Score of 53, which is 19 points higher than the property & casualty insurance industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Aflac has seen its stock return 33.73% over the past year, underperforming other property & casualty insurance stocks by -11 percentage points.

Aflac has an average 1 year price target of $83.89, a downside of -3.73% from Aflac's current stock price of $87.14.

Aflac stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Aflac, 11.11% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% have issued a hold, while 11.11% have issued a Sell rating, and 11.11% have issued a Strong Sell.

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

Out of 12 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. Lincoln National (NYSE:LNC)

Lincoln National (NYSE:LNC) has an annual dividend yield of 5.99%, which is 4 percentage points higher than the property & casualty insurance industry average of 2.42%. 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 24.3% indicates that its high dividend yield is sustainable for the long-term.

2. Manulife Financial (NYSE:MFC)

Manulife Financial (NYSE:MFC) has an annual dividend yield of 4.57%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.42%. 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 70.6% indicates that its high dividend yield is sustainable for the long-term.

3. Prudential Financial (NYSE:PRU)

Prudential Financial (NYSE:PRU) has an annual dividend yield of 4.21%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.42%. Prudential Financial's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Prudential Financial's dividend has shown consistent growth over the last 10 years.

Prudential Financial's dividend payout ratio of 86% indicates that its dividend yield is sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.25% in the last day, and up 0.44% over the last week. Globe Life was the among the top losers in the insurance - life industry, dropping -4.37% yesterday.

Globe Life Inc shares are trading lower following an update by short seller Viceroy Research.

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. Manulife Financial (NYSE:MFC)

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

Manulife Financial's stock has gained 38.02% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -7 percentage points.

2. Lincoln National (NYSE:LNC)

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

Lincoln National's stock has gained 55.11% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 11 percentage points.

3. Aflac (NYSE:AFL)

Aflac (NYSE:AFL) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Aflac has a valuation score of 57, which is 22 points higher than the property & casualty insurance industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Aflac's stock has gained 33.73% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -11 percentage points.

Are property & casualty insurance stocks a good buy now?

53.85% of property & casualty insurance stocks rated by analysts are a hold right now. On average, analysts expect property & casualty insurance stocks to rise by 7.94% 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 16.02x.

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.

Property & Casualty Insurance Stocks FAQ

1. Manulife Financial (NYSE:MFC)

2. Lincoln National (NYSE:LNC)

3. Aflac (NYSE:AFL)

1. Lincoln National (NYSE:LNC)

2. Manulife Financial (NYSE:MFC)

3. Prudential Financial (NYSE:PRU)

1. Manulife Financial (NYSE:MFC)

2. Lincoln National (NYSE:LNC)

3. Aflac (NYSE:AFL)

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