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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
$5.91B$97.270.52%$505.20M17.06x3.01
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.04B$99.49-0.83%$173.25M8.22x3.65
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.60B$118.820.19%$3.12B7.85x1.67
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$49.59B$216.540.13%$4.20B15.93x4.09
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.43B$1,648.060.66%$3.69B8.89x2.61
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.06B$82.800.21%$123.37M23.26x2.76
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.44B$35.96-1.02%$151.85M12.66x3.60
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.40B$34.150.00%$136.10M21.75x10.75
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$3.02B$8.97-0.33%$71.12M49.83x11.38
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.81B$133.90-0.95%$244.70M29.49x4.79
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$9.16B$393.412.07%$444.92M25.85x2.44
ALL
ALLSTATE CORP
NYSE
Insurance - Property & Casualty
$43.85B$166.17-1.20%$2.62B35.97x4.66
AFG
AMERICAN FINANCIAL GROUP INC
NYSE
Insurance - Property & Casualty
$11.02B$131.40-0.92%$1.27B12.55x6.08
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
NYSE
Insurance - Property & Casualty
$4.55B$1,774.41-0.26%$594.90M8.03x1.05
L
LOEWS CORP
NYSE
Insurance - Property & Casualty
$16.80B$75.89-0.42%$2.92B11.28x3.95
SAFT
SAFETY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.17B$78.54-0.51%$73.31M22.63x1.59
CB
CHUBB LTD
NYSE
Insurance - Property & Casualty
$108.60B$267.440.92%$10.76B11.79x2.82
CNA
CNA FINANCIAL CORP
NYSE
Insurance - Property & Casualty
$12.10B$44.59-0.76%$1.79B9.74x5.74
WRB
BERKLEY W R CORP
NYSE
Insurance - Property & Casualty
$20.48B$80.091.09%$1.97B14.08x3.86
RLI
RLI CORP
NYSE
Insurance - Property & Casualty
$6.75B$147.610.27%$429.92M20.19x2.51
UVE
UNIVERSAL INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$575.18M$20.000.76%$116.87M7.72x4.81
GBLI
GLOBAL INDEMNITY GROUP LLC
NYSE
Insurance - Property & Casualty
$422.28M$31.040.91%$49.99M12.47x1.62
PGR
PROGRESSIVE CORP
NYSE
Insurance - Property & Casualty
$120.85B$206.34-1.45%$7.84B21.06x3.32
DGICA
DONEGAL GROUP INC
NASDAQ
Insurance - Property & Casualty
$445.80M$13.352.69%$10.81M83.44x3.73
HRTG
HERITAGE INSURANCE HOLDINGS INC
NYSE
Insurance - Property & Casualty
$261.94M$8.55-1.38%$74.62M5.12x8.07
ACIC
AMERICAN COASTAL INSURANCE CORP
NASDAQ
Insurance - Property & Casualty
$645.68M$13.500.22%$102.70M9.44x4.28
MCY
MERCURY GENERAL CORP
NYSE
Insurance - Property & Casualty
$3.27B$59.06-0.32%$349.90M15.18x3.61
NODK
NI HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$315.63M$15.30-1.16%$10.22M61.20x1.64
ROOT
ROOT INC
NASDAQ
Insurance - Property & Casualty
$905.32M$60.76-2.35%-$53.30M-7.79x6.97
UFCS
UNITED FIRE GROUP INC
NASDAQ
Insurance - Property & Casualty
$581.55M$22.99-0.61%-$9.58M-33.81x3.40
STC
STEWART INFORMATION SERVICES CORP
NYSE
Insurance - Property & Casualty
$1.78B$64.67-2.44%$145.77M42.27x0.95
KMPR
KEMPER CORP
NYSE
Insurance - Property & Casualty
$3.84B$59.66-1.37%$240.20M-31.57x3.88
LMND
LEMONADE INC
NYSE
Insurance - Property & Casualty
$1.17B$16.64-2.29%-$190.40M-5.33x1.43
KINS
KINGSTONE COMPANIES INC
NASDAQ
Insurance - Property & Casualty
$53.39M$4.85-3.77%$7.49M161.67x7.90
PRA
PROASSURANCE CORP
NYSE
Insurance - Property & Casualty
$747.33M$14.650.83%$21.53M-27.13x4.08
DOMA
DOMA HOLDINGS INC
NYSE
Insurance - Property & Casualty
$84.63M$6.040.00%-$66.96M-0.79x-6.36
CNFR
CONIFER HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$11.31M$0.93-1.07%-$23.61M-0.42x116.66

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 64, which is 30 points higher than the property & casualty insurance industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -5.65% over the past year, underperforming other property & casualty insurance stocks by -32 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 12.57% from Selective Insurance Group's current stock price of $97.27.

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 77.03% over the past year, overperforming other property & casualty insurance stocks by 51 percentage points.

Hci Group has an average 1 year price target of $132.25, an upside of 32.93% from Hci Group's current stock price of $99.49.

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 13.78% over the past year, underperforming other property & casualty insurance stocks by -13 percentage points.

Cincinnati Financial has an average 1 year price target of $123.75, an upside of 4.15% from Cincinnati Financial's current stock price of $118.82.

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 8.34%, which is 6 percentage points higher than the property & casualty insurance industry average of 2.57%. Cna Financial's dividend payout is not stable, having dropped more than 10% nine 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 5.14%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.57%. 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 5.11%, which is 3 percentage points higher than the property & casualty insurance industry average of 2.57%. 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 up?

Property & casualty insurance stocks were up 0.08% in the last day, and up 0.62% over the last week.

We couldn't find a catalyst for why property & casualty insurance stocks are up.

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 -5.65% in the past year. It has underperformed other stocks in the property & casualty insurance industry by -32 percentage points.

2. Heritage Insurance Holdings (NYSE:HRTG)


Heritage Insurance Holdings (NYSE:HRTG) is the second 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 78.13% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 52 percentage points.

3. Loews (NYSE:L)


Loews (NYSE:L) is the third most undervalued property & casualty insurance stock based on WallStreetZen's Valuation Score. Loews 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.

Loews's stock has gained 29.33% in the past year. It has overperformed other stocks in the property & casualty insurance industry by 3 percentage points.

Are property & casualty insurance stocks a good buy now?

42.86% of property & casualty insurance stocks rated by analysts are a buy right now. On average, analysts expect property & casualty insurance stocks to rise by 3.3% 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 17.15x.
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.