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OTCMKTS:ZURVY

Zurich Insurance Group (ZURVY) Stock Price, News & Analysis

$29.02
-0.19 (-0.65%)
(As of 09/6/2024 ET)
Today's Range
$29.00
$29.26
50-Day Range
$28.48
$56.28
52-Week Range
$22.21
$29.40
Volume
37,710 shs
Average Volume
112,987 shs
Market Capitalization
$84.94 billion
P/E Ratio
N/A
Dividend Yield
3.14%
Price Target
N/A

Zurich Insurance Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Zurich Insurance Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.58%
From $1.98 to $2.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.45 out of 5 stars

ZURVY stock logo

About Zurich Insurance Group Stock (OTCMKTS:ZURVY)

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments. It offers car and motor, home, travel, general liability, life and critical illness, and other insurance products; and saving and investment, and pension and retirement planning products. The company also provides property, casualty, energy and engineering lines, and marine; commercial management liability, financial institutions, and professional indemnity; and cyber, accident and health, and credit lines and surety insurance products, as well as and non-claims and ancillary services to the farmers exchanges. In addition, it offers employee benefit insurance products; and climate resilience, risk engineering, captive, and cyber resilience, as well as climate risk assessment and reinsurance services. The company serves individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. It sells its products through agents, brokers, and bank distribution channels. Zurich Insurance Group AG was founded in 1872 and is based in Zurich, Switzerland.

ZURVY Stock Price History

ZURVY Stock News Headlines

Barclays Keeps Their Buy Rating on Zurich Insurance Group (ZFSVF)
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Zurich Insurance Group AG (ZURN)
Zurich Insurance Group AG (ZFI1.F)
Zurich Insurance H1 Profit Climbs; Expects To Exceed 2025 Targets
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
See More Headlines
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Company Calendar

Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
OTCMKTS:ZURVY
CIK
N/A
Employees
60,000
Year Founded
1872

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$56.10 billion
Cash Flow
$1.76 per share
Book Value
$8.98 per share

Miscellaneous

Outstanding Shares
2,927,110,000
Free Float
1,463,264,000
Market Cap
$84.94 billion
Optionable
Not Optionable
Beta
0.67

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Key Executives

  • Mr. Mario Greco (Age 65)
    Group CEO & Member of Executive Committee
    Comp: $6.37M
  • Ms. Claudia Cordioli
    Group CFO & Member of Executive Committee
  • Mr. Kristof Frans Rosa Terryn (Age 57)
    CEO of North America & Member of the Executive Committee
  • Ms. Tulsi Ratakonda Naidu (Age 51)
    CEO of APAC & Member of the Executive Committee
  • Ms. Alison Martin (Age 50)
    CEO of EMEA & Bank Distribution and Member of the Executive Committee
  • Ms. Sierra Signorelli (Age 49)
    CEO of Commercial Insurance & Member of the Executive Committee
  • Mr. Peter Giger (Age 60)
    Group Chief Risk Officer & Member of Executive Committee
  • Mr. Ericson Chan (Age 58)
    Group Chief Information & Digital Officer and Member of the Executive Committee
  • Ms. Laurence Maurice (Age 59)
    CEO of Latin America & Member of the Executive Committee
  • Mr. Stephan Van Vliet (Age 54)
    Group Chief Investment Officer & Member of Executive Committee

Should I Buy Zurich Insurance Group Stock? ZURVY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Zurich Insurance Group AG:

  • Zurich Insurance Group AG has shown a significant decline in short interest, indicating reduced bearish sentiment among investors. This could potentially lead to a more stable stock price.
  • Recent analyst upgrades, such as Bank of America's shift from a "neutral" rating to a "buy" rating, suggest positive sentiment and potential future growth prospects for the company.
  • The company's current stock price of $54.24 is trading near its fifty-two week high of $55.63, indicating strong performance and potential for further price appreciation.
  • Zurich Insurance Group AG operates globally, providing insurance products and services across various regions, which diversifies its revenue streams and reduces geographic risk exposure.
  • The company's strong financial ratios, including a current ratio of 22.20 and a quick ratio of 22.20, indicate a healthy liquidity position to meet short-term obligations.

Cons

Investors should be bearish about investing in Zurich Insurance Group AG for these reasons:

  • Despite recent positive developments, Zurich Insurance Group AG still faces competition in the insurance industry, which could impact its market share and profitability.
  • The company's debt-to-equity ratio of 0.52 may indicate a moderate level of financial leverage, which could increase the company's financial risk during economic downturns.
  • While the short interest has declined, the days-to-cover ratio of 0.2 days suggests that there is still potential for short-term volatility in the stock price due to trading activity.
  • Zurich Insurance Group AG's stock price has been fluctuating around its fifty-two week high, which may present a potential resistance level for further price appreciation.
  • The company's reliance on global markets exposes it to geopolitical and macroeconomic risks, which could impact its financial performance and stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Zurich Insurance Group pros and cons to contact@marketbeat.com.

ZURVY Stock Analysis - Frequently Asked Questions

How have ZURVY shares performed this year?

Zurich Insurance Group's stock was trading at $52.2850 on January 1st, 2024. Since then, ZURVY stock has decreased by 44.5% and is now trading at $29.02.
View the best growth stocks for 2024 here
.

How do I buy shares of Zurich Insurance Group?

Shares of ZURVY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ZURVY) was last updated on 9/7/2024 by MarketBeat.com Staff

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