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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 - property & casualty industry.

Industry: Insurance - Property & Ca...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$5.97B$98.21-0.24%$505.20M17.23x3.01
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.09B$103.78-1.03%$173.25M8.57x3.65
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.61B$118.870.47%$3.12B7.86x1.67
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$50.04B$218.50-0.42%$4.20B16.08x4.09
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.48B$1,652.220.96%$3.69B8.91x2.61
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.49B$37.361.16%$151.85M13.15x3.60
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.44B$35.16-1.15%$136.10M22.39x10.75
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.09B$83.85-0.26%$123.37M23.55x2.76
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$2.98B$8.84-4.84%$71.12M49.11x11.38
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$8.86B$380.65-0.16%$444.92M25.01x2.44
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$45.58B$172.710.73%$2.62B37.38x4.66
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$11.02B$131.350.14%$1.27B12.55x6.08
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.87B$135.42-0.33%$244.70M29.83x4.79
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.74B$1,845.92-0.98%$594.90M8.35x1.05
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$103.48B$254.840.31%$10.76B11.23x2.82
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$12.19B$44.950.31%$1.79B9.81x5.74
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$20.39B$79.741.21%$1.97B14.01x3.86
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$17.27B$77.980.36%$2.92B11.59x3.95
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.23B$83.07-1.52%$73.31M23.94x1.59
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$6.77B$148.060.75%$429.92M20.25x2.51
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$591.57M$20.571.63%$116.87M7.94x4.81
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$438.88M$32.260.72%$49.99M12.96x1.62
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$126.37B$215.760.95%$7.84B22.02x3.32
ACIC
AMERICAN COASTAL INSURANCE CORP
NASDAQ
Insurance - Property & Casualty
$582.55M$12.1811.64%$102.70M8.52x4.28
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$443.80M$13.29-0.23%$10.81M83.06x3.73
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$269.91M$8.812.68%$74.62M5.28x8.07
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$3.19B$57.56-0.76%$349.90M14.80x3.61
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$310.68M$15.062.59%$10.22M60.24x1.64
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$951.51M$63.86-9.21%-$53.30M-8.19x6.97
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.74B$63.26-0.94%$145.77M41.35x0.95
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$3.91B$60.75-0.67%$240.20M-32.14x3.88
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.17B$16.58-2.41%-$190.40M-5.31x1.43
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$599.51M$23.701.02%-$9.58M-34.85x3.40
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$44.58M$4.050.25%-$389.56k-7.11x8.21
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$753.96M$14.780.54%$21.53M-27.37x4.08
DOMA
DOMA HOLDINGS INC
NYSE
Insurance - Property & Casualty
$83.74M$6.030.00%-$91.38M-0.65x-10.27
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$12.35M$1.0123.17%-$23.02M-0.48x106.93

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. Selective Insurance Group (NASDAQ:SIGI)


Selective Insurance Group (NASDAQ:SIGI) is the top property & casualty insurance stock with a Zen Score of 60, which is 26 points higher than the property & casualty insurance industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -3.63% over the past year, underperforming other property & casualty insurance stocks by -29 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 11.5% from Selective Insurance Group's current stock price of $98.21.

Selective Insurance Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Selective Insurance Group, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hci Group (NYSE:HCI)


Hci Group (NYSE:HCI) is the second best property & casualty insurance stock with a Zen Score of 59, which is 25 points higher than the property & casualty insurance industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hci Group has seen its stock return 72.97% over the past year, overperforming other property & casualty insurance stocks by 47 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 27.43% from Hci Group's current stock price of $103.78.

Hci Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Hci Group, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cincinnati Financial (NASDAQ:CINF)


Cincinnati Financial (NASDAQ:CINF) is the third 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. Cincinnati Financial has seen its stock return 13.75% over the past year, underperforming other property & casualty insurance stocks by -12 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 4.11% from Cincinnati Financial's current stock price of $118.87.

Cincinnati Financial stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Cincinnati Financial, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% 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 23 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. Cna Financial (NYSE:CNA)


Cna Financial (NYSE:CNA) has an annual dividend yield of 7.3%, which is 5 percentage points higher than the property & casualty insurance industry average of 2.48%. Cna Financial's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Cna Financial's dividend has shown consistent growth over the last 10 years.

Cna Financial's dividend payout ratio of 80.8% indicates that its high dividend yield is sustainable for the long-term.

2. American Financial Group (NYSE:AFG)


American Financial Group (NYSE:AFG) has an annual dividend yield of 5.15%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.48%. American Financial Group's dividend payout is not stable, having dropped more than 10% nineteen times in the last 10 years. American Financial Group's dividend has shown consistent growth over the last 10 years.

American Financial Group's dividend payout ratio of 64.6% indicates that its high dividend yield is sustainable for the long-term.

3. Donegal Group (NASDAQ:DGICA)


Donegal Group (NASDAQ:DGICA) has an annual dividend yield of 5.14%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.48%. Donegal Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Donegal Group's dividend has shown consistent growth over the last 10 years.

Donegal Group's dividend payout ratio of 318.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are property & casualty insurance stocks down?

Property & casualty insurance stocks were down -0.09% in the last day, and up 2.69% 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. Selective Insurance Group (NASDAQ:SIGI)


Selective Insurance Group (NASDAQ:SIGI) is the most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Selective Insurance Group has a valuation score of 86, which is 48 points higher than the property & casualty insurance industry average of 38. It passed 6 out of 7 valuation due diligence checks.

Selective Insurance Group's stock has dropped -3.63% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -29 percentage points.

2. Markel Group (NYSE:MKL)


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

Markel Group's stock has gained 20.9% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -5 percentage points.

3. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Heritage Insurance Holdings has a valuation score of 71, which is 33 points higher than the property & casualty insurance industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Heritage Insurance Holdings's stock has gained 87.05% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 61 percentage points.

Are property & casualty insurance stocks a good buy now?

40% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 0.42% over the next year.

What is the average p/e ratio of the insurance - property & casualty industry?

The average P/E ratio of the insurance - property & casualty industry is 17.55x.
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.