The Travelers Companies, Inc. (NYSE:TRV – Free Report) – Investment analysts at Zacks Research raised their Q4 2024 earnings estimates for Travelers Companies in a research report issued on Thursday, November 7th. Zacks Research analyst T. De now expects that the insurance provider will earn $6.08 per share for the quarter, up from their prior forecast of $6.04. The consensus estimate for Travelers Companies’ current full-year earnings is $18.53 per share. Zacks Research also issued estimates for Travelers Companies’ Q1 2025 earnings at $5.64 EPS, Q2 2025 earnings at $3.51 EPS, Q3 2025 earnings at $4.68 EPS, Q4 2025 earnings at $5.98 EPS, FY2025 earnings at $19.81 EPS, Q1 2026 earnings at $5.09 EPS, Q2 2026 earnings at $5.70 EPS and FY2026 earnings at $21.64 EPS.
A number of other equities research analysts have also recently commented on TRV. Keefe, Bruyette & Woods increased their price target on shares of Travelers Companies from $245.00 to $273.00 and gave the company a “market perform” rating in a report on Tuesday, October 22nd. Morgan Stanley lowered their price objective on shares of Travelers Companies from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Friday, July 19th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Travelers Companies from $221.00 to $234.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Bank of America increased their price objective on shares of Travelers Companies from $241.00 to $265.00 and gave the company an “underperform” rating in a research report on Thursday, October 17th. Finally, Royal Bank of Canada increased their price objective on shares of Travelers Companies from $250.00 to $273.00 and gave the company a “sector perform” rating in a research report on Friday, October 18th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $247.90.
Travelers Companies Trading Down 0.1 %
NYSE:TRV opened at $257.98 on Monday. The company’s 50 day moving average price is $242.31 and its 200-day moving average price is $223.21. Travelers Companies has a 52 week low of $167.08 and a 52 week high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The stock has a market cap of $58.57 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 1.24 and a beta of 0.62.
Travelers Companies (NYSE:TRV – Get Free Report) last posted its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The firm had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.46 billion. During the same quarter in the prior year, the company posted $1.95 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis.
Travelers Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be paid a $1.05 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.63%. Travelers Companies’s dividend payout ratio (DPR) is presently 21.54%.
Insider Transactions at Travelers Companies
In other news, Vice Chairman William H. Heyman sold 2,014 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total value of $523,640.00. Following the completion of the sale, the insider now directly owns 250,384 shares of the company’s stock, valued at $65,099,840. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Vice Chairman William H. Heyman sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $260.55, for a total transaction of $781,650.00. Following the completion of the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at approximately $65,237,551.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Vice Chairman William H. Heyman sold 2,014 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at $65,099,840. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 63,999 shares of company stock valued at $16,580,166 over the last three months. Corporate insiders own 1.33% of the company’s stock.
Hedge Funds Weigh In On Travelers Companies
Institutional investors have recently bought and sold shares of the stock. Y.D. More Investments Ltd purchased a new position in Travelers Companies during the second quarter valued at $25,000. Pathway Financial Advisers LLC purchased a new position in shares of Travelers Companies in the 1st quarter worth $35,000. Beacon Capital Management LLC grew its stake in shares of Travelers Companies by 74.2% in the 1st quarter. Beacon Capital Management LLC now owns 155 shares of the insurance provider’s stock worth $36,000 after buying an additional 66 shares in the last quarter. Wolff Wiese Magana LLC grew its stake in shares of Travelers Companies by 39.1% in the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after buying an additional 45 shares in the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Travelers Companies in the 3rd quarter worth $50,000. 82.45% of the stock is owned by hedge funds and other institutional investors.
About Travelers Companies
The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.
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