Travelers Stock Rises 35.4% Year to Date: Will the Rally Last?

Zacks11-14 00:23

Shares of The Travelers Companies, Inc. TRV have rallied 35.4% year to date, outperforming the industry’s 30.6% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector...

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The insurer also outperformed the Zacks S&P 500 composite and the Finance sector...</p>\n\n<a href=\"https://finance.yahoo.com/news/travelers-stock-rises-35-4-162300036.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Travelers Stock Rises 35.4% Year to Date: Will the Rally Last?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTravelers Stock Rises 35.4% Year to Date: Will the Rally Last?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 00:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/travelers-stock-rises-35-4-162300036.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of The Travelers Companies, Inc. TRV have rallied 35.4% year to date, outperforming the industry’s 30.6% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector...</p>\n\n<a href=\"https://finance.yahoo.com/news/travelers-stock-rises-35-4-162300036.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BKVL7J92.USD","symbol_name":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","start_time":0,"source_url":"https://finance.yahoo.com/news/travelers-stock-rises-35-4-162300036.html","article_id":"2483858215","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EEUv5JQFTAI4U5iqIocwgw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/9d8e6ae4a2f2f78756262fb38b308001"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483858215","pubTimestamp":1731514980,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of The Travelers Companies, Inc. TRV have rallied 35.4% year to date, outperforming the industry’s 30.6% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector’s return of 26.3% and 22.5%, respectively, year to date. With a market capitalization of $58.56 billion, the average volume of shares traded in the last three months was 1.15 million.The expected long-term earnings growth rate is 11.2%. This Zacks Rank #2  property and casualty insurer's bottom line outpaced estimates in three of the trailing four quarters and missed in one, the average surprise being 25.40%.TRV Trading Above 50-Day and 200-Day Moving Average. Travelers has been witnessing high levels of retention, improved pricing and increased new business while achieving a positive renewal premium change banking on the strength of a compelling product portfolio of coverages across nine lines of business.Going by the progress and continued growth at the profitable agency auto and homeow","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","TRV":"旅行者财产险集团","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","FAF":"第一美国","BK4080":"零售业房地产投资信托","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","AXS":"埃克斯资本","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","ROIC":"Retail Opportunity Investments C","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4588":"碎股","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0731783048.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU1509826696.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC B","BK4231":"零售房地产信托","LU0742537680.HKD":"FIDELITY GLOBAL DIVIDEND \"A \" (HKD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0772969993.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) ACC","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU1481011671.HKD":"FIDELITY GLOBAL DIVIDEND \"A\" (HKDHDG) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","ROE":"ASTORIA US QUALITY KINGS ETF","LU1481011911.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","PGR":"美国前进保险公司","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","BK4107":"财产与意外伤害保险","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4585":"ETF&股票定投概念","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC"},"translate_title":"Travelers股价今年迄今上涨35.4%：涨势会持续吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TRV":1,"AXS":1,"PGR":1,"ROE":1,"ROIC":1,"FAF":0.9},"content_text":"Shares of The Travelers Companies, Inc. TRV have rallied 35.4% year to date, outperforming the industry’s 30.6% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector’s return of 26.3% and 22.5%, respectively, year to date. With a market capitalization of $58.56 billion, the average volume of shares traded in the last three months was 1.15 million.\nTRV Outperforms Industry, Sector, S&P 500 YTD\nImage Source: Zacks Investment Research\nThe expected long-term earnings growth rate is 11.2%. This Zacks Rank #2 (Buy) property and casualty insurer's bottom line outpaced estimates in three of the trailing four quarters and missed in one, the average surprise being 25.40%.\nTRV Trading Above 50-Day and 200-Day Moving Average\nThe stock is trading above its 50-day and 200-day simple moving average (SMA) of $242.90 and $222.59, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.\nTRV’s Growth Projection Encourages\nThe Zacks Consensus Estimate for Travelers’ 2024 earnings per share indicates a year-over-year increase of 41.9%. The consensus estimate for revenues is pegged at $46.46 billion, implying a year-over-year improvement of 12%.The consensus estimate for 2025 earnings per share and revenues indicates an increase of 9.4% and 7.4%, respectively, from the corresponding 2024 estimates.\nMixed Analyst Sentiment Instills Confidence in TRV\nOut of 14, 13 analysts covering the stock have raised estimates for 2024, and eight analysts have raised the same for 2025 over the past 30 days. Four has lowered the estimates for 2025.The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 9.1% and 1.2% north, respectively, in the past 30 days, reflecting analysts’ optimism.\nTravelers’ Favorable Return on Capital\nReturn on equity (ROE) for the trailing 12 months was 17.6%, comparing favorably with the industry’s 7.5%. This reflects its efficiency in utilizing shareholders’ funds. Sustained operational excellence helped generate double-digit core ROE in nine out of the last 10 years. Travelers aims to generate mid-teens core ROE over time.Also, return on invested capital (ROIC) has been increasing over the last few quarters as the company raised its capital investment over the same time frame. This reflects TRV’s efficiency in utilizing funds to generate income. ROIC in the trailing 12 months was 9.9%, better than the industry average of 5.7%.\nWill TRV’s Rally Stay?\nTravelers has been witnessing high levels of retention, improved pricing and increased new business while achieving a positive renewal premium change banking on the strength of a compelling product portfolio of coverages across nine lines of business.Going by the progress and continued growth at the profitable agency auto and homeowners business, the company remains optimistic about the trajectory of its personal lines of business.Travelers’ commercial businesses continue to perform well on the back of stability in the markets where it operates as well as the execution of its strategies.Higher returns from the non-fixed income portfolio have been driving investment income over the last four years amid a low-interest rate environment. Travelers expects fixed income NII, including earnings from short-term securities, to be $700 million after tax in the fourth quarter. It also estimates NII, including earnings from short-term securities, to be $2.9 billion in 2025 with $700 million in the first quarter of 2025 and growing to approximately $760 million for the fourth quarter.\nSolid Balance Sheet of TRV\nTravelers maintains a conservative balance sheet among its peers. At the end of the quarter, statutory capital and surplus were $26.2 billion. The ratio of debt-to-capital was within the company’s target range of 15% to 25%. TRV ended the third quarter with holding company liquidity of approximately $1.8 billion. TRV’s balance sheet strength driven by scale, profitability and cash flow supports it to invest more than $1 billion annually in technology. As of Sept. 30, 2024, the company had $5.3 billion of capacity remaining under its share repurchase authorizations approved by the board.\nTRV’s Impressive Dividend History\nTravelers has been hiking dividends for the last 20 years, banking on a solid capital position. Its dividend yield of 1.6% appears attractive compared with the industry average of 0.2%, making it an attractive pick for yield-seeking investors.\nOther Key Picks\nInvestors interested in the property and casualty insurance industry may look at some other top-ranked players like First American Financial Corporation FAF, Axis Capital Holdings Limited AXS and The Progressive Corporation PGR. While First American sports a Zacks Rank #1 (Strong Buy), Axis Capital and The Progressive carry a Zacks Rank #2 each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for First American’s 2024 and 2025 earnings indicates 5% and 32.1% year-over-year growth, respectively. In the year to date, FAF’s stock has lost 0.6%.The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 2.5% and 4.3% north, respectively, in the past 30 days.Axis Capital’s earnings surpassed estimates in each of the last four quarters, the average earnings surprise being 90.26%. In the year to date, AXS’ stock has surged 51.3%.The Zacks Consensus Estimate for AXS’ 2024 and 2025 earnings indicates 9.9% and 7.5% year-over-year growth, respectively.The Progressive’s earnings surpassed estimates in three of the last four quarters and missed in one, the average earnings surprise being 19.85%. In the year to date, PGR’s stock has surged 64.7%.The Zacks Consensus Estimate for PGR’s 2024 and 2025 earnings indicates 115.2% and 4.6% year-over-year growth, respectively.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nThe Travelers Companies, Inc. (TRV) : Free Stock Analysis Report\nAxis Capital Holdings Limited (AXS) : Free Stock Analysis Report\nThe Progressive Corporation (PGR) : Free Stock Analysis Report\nFirst American Financial Corporation (FAF) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483858215"}