Travelers Aktie News

The property and casualty insurer misses analysts' earnings estimates.

Shares of Travelers Companies Inc. TRV dropped 1.9% in premarket trading Wednesday, after the property and casualty insurer missed expectations for profit and net premiums written, while revenue and combined ratio beat views. Net income rose to $1.12 billion, or $4.80 a share, from $975 million, or $4.13 a share, in the year-ago period.

NEW YORK--(BUSINESS WIRE)--The Travelers Companies, Inc. today reported net income of $1.123 billion, or $4.80 per diluted share, for the quarter ended March 31, 2024, compared to $975 million, or $4.13 per diluted share, in the prior year quarter. Core income in the current quarter was $1.096 billion, or $4.69 per diluted share, compared to $970 million, or $4.11 per diluted share, in the prio...

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2024 Travelers Risk Index on distracted driving, highlighting an increase in dangerous behaviors. The results show that many of the common distractions that had been consistently declining have rebounded in recent years, with some even surpassing pre-pandemic figures. Crashes and near ...

Value stocks in the S&P 500 are perking up. And investors are moving fast to buy some up while they're still cheap.

Insurance stocks, including the Invesco KBW Property & Casualty Insurance ETF have been performing well, with a 33% return over the past nine months. The Travelers Cos is a major holding in the KBWP ETF and has seen strong earnings growth and a low PEG ratio, making it an attractive investment opportunity. TRV has received numerous EPS upgrades and is expected to continue its growth trajectory,...

12 expected dividend increases in April 2024. Dividend growth is crucial for reaching financial freedom and combating high inflation.

Travelers' stock (NYSE: TRV) has gained 20% YTD, as compared to the 9% rise in the S&P500 index over the same period. Further, it is currently trading at around $229 per share, which is 4% above its fair value of $220 – Trefis' estimate for Travelers' valuation.