WallStreetZenWallStreetZen

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
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
MFC
MANULIFE FINANCIAL CORP
$26.45-0.90%2.96%12.75%8.54%37.12%36.76%28.03%53.51%45.41%$26.81$17.071.34%54.95%1.107,056,497292.86%
LNC
LINCOLN NATIONAL CORP
$30.04-0.73%1.76%6.30%10.60%26.97%37.42%-56.03%-53.09%-36.82%$32.43$20.477.37%46.75%1.911,549,43545.19%
AFL
AFLAC INC
$87.69-0.77%2.12%4.99%11.31%8.03%31.71%57.57%68.12%184.75%$88.59$64.101.02%36.81%0.971,720,080-21.64%
PRI
PRIMERICA INC
$228.110.01%1.86%4.87%-7.29%9.73%22.84%43.29%84.90%427.06%$256.56$179.1511.09%27.33%1.12152,178-23.36%
PRU
PRUDENTIAL FINANCIAL INC
$117.70-2.98%-0.08%5.59%9.68%24.84%43.54%11.35%18.52%46.56%$121.40$78.403.04%50.13%1.311,320,812-21.90%
UNM
UNUM GROUP
$52.41-1.28%-0.95%1.18%6.46%23.87%12.73%76.11%50.78%59.35%$54.57$41.753.96%25.53%1.30721,415-16.38%
GL
GLOBE LIFE INC
$86.01-0.07%1.02%29.55%-31.66%-27.11%-20.64%-17.84%-2.59%61.23%$132.00$38.9534.84%120.82%1.011,245,995-45.12%
MET
METLIFE INC
$72.89-1.79%0.66%1.29%6.22%16.61%39.18%13.08%53.39%47.13%$74.68$49.382.39%47.61%1.192,899,81819.83%
CNO
CNO FINANCIAL GROUP INC
$28.45-1.56%1.07%7.64%6.28%11.22%28.04%5.92%71.39%79.38%$29.09$21.522.20%32.20%1.37695,8647.56%
NWLI
NATIONAL WESTERN LIFE GROUP INC
$488.110.02%-0.51%0.18%0.88%1.74%25.30%93.42%77.33%107.57%$493.00$367.510.99%32.82%1.0918,107-57.37%
JXN
JACKSON FINANCIAL INC
$76.61-1.74%1.70%14.26%49.40%66.58%154.01%N/AN/AN/A$81.52$27.246.02%181.24%1.45689,295-2.92%
CIA
CITIZENS INC
$2.913.93%12.79%44.06%-2.35%-16.14%48.47%-46.01%-55.98%-53.81%$3.69$1.6421.14%77.44%0.8091,204-18.50%
PUK
PRUDENTIAL PLC
$20.46-2.48%2.76%10.89%-2.34%-13.23%-30.74%-51.86%-51.18%-56.30%$29.64$17.1230.96%19.51%1.37567,643-5.36%
AAME
ATLANTIC AMERICAN CORP
$1.64-4.09%-2.96%-16.33%-34.66%-13.18%-26.46%-60.10%-29.61%-53.14%$3.00$1.4945.33%10.07%0.328,333199.86%
FG
F&G ANNUITIES & LIFE INC
$42.36-0.94%9.49%13.84%-4.94%2.59%107.95%N/AN/AN/A$48.71$19.7813.04%114.21%1.0471,511-42.99%
BHF
BRIGHTHOUSE FINANCIAL INC
$45.02-1.83%-2.39%-8.40%-5.48%-10.16%8.53%-7.25%20.31%N/A$56.25$39.6219.96%13.64%1.75365,30222.91%
ABL
ABACUS LIFE INC
$11.570.61%-3.26%-2.53%-6.09%77.45%12.22%18.06%N/AN/A$13.25$5.4712.68%111.52%0.0515,940709.96%
GNW
GENWORTH FINANCIAL INC
$6.51-2.54%-0.61%8.32%6.55%10.71%18.58%58.01%90.35%-62.99%$6.93$4.836.06%34.78%1.122,291,1304.70%
VERY
VERICITY INC
$11.280.00%-0.09%-0.79%0.18%2.45%67.36%19.49%N/AN/A$11.99$4.705.92%140.00%0.19728-71.71%

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 36.76% over the past year, overperforming other property & casualty insurance stocks by 11 percentage points.

Manulife Financial has an average 1 year price target of $35.00, an upside of 32.33% from Manulife Financial's current stock price of $26.45.

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 37.42% over the past year, overperforming other property & casualty insurance stocks by 12 percentage points.

Lincoln National has an average 1 year price target of $30.38, an upside of 1.12% from Lincoln National's current stock price of $30.04.

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 31.71% over the past year, overperforming other property & casualty insurance stocks by 6 percentage points.

Aflac has an average 1 year price target of $83.89, a downside of -4.33% from Aflac's current stock price of $87.69.

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 3 percentage points higher than the property & casualty insurance industry average of 2.53%. 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. Prudential Financial (NYSE:PRU)


Prudential Financial (NYSE:PRU) has an annual dividend yield of 5.4%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.53%. 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 high dividend yield is sustainable for the long-term.

3. Manulife Financial (NYSE:MFC)


Manulife Financial (NYSE:MFC) has an annual dividend yield of 4.56%, which is 2 percentage points higher than the property & casualty insurance industry average of 2.53%. 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.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.71% in the last day, and up 0.7% 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. 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 36.76% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 11 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 37.42% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 12 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 31.71% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 6 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 7.63% 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 15.88x.
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.