Roth Capital Cuts Earnings Estimates for Travelers Companies

The Travelers Companies, Inc. (NYSE:TRV - Free Report) - Equities research analysts at Roth Capital reduced their Q1 2025 earnings estimates for shares of Travelers Companies in a research report issued on Wednesday, February 12th. Roth Capital analyst H. Fong now anticipates that the insurance provider will post earnings of $0.78 per share for the quarter, down from their previous forecast of $4.13. The consensus estimate for Travelers Companies' current full-year earnings is $20.57 per share. Roth Capital also issued estimates for Travelers Companies' FY2025 earnings at $17.25 EPS.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.50 by $2.65. The firm had revenue of $12.01 billion during the quarter, compared to analysts' expectations of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. Travelers Companies's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $7.01 earnings per share.

A number of other equities research analysts have also recently issued reports on the stock. BMO Capital Markets upped their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Barclays upped their price target on shares of Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Roth Mkm upped their price objective on shares of Travelers Companies from $240.00 to $300.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Piper Sandler raised shares of Travelers Companies from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, UBS Group increased their price target on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $260.47.

Travelers Companies Stock Down 0.2 %

NYSE:TRV traded down $0.48 during trading hours on Friday, reaching $237.82. The company's stock had a trading volume of 1,121,746 shares, compared to its average volume of 1,353,763. The company has a market cap of $53.99 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 1.08 and a beta of 0.64. Travelers Companies has a one year low of $200.21 and a one year high of $269.55. The business's 50-day moving average is $242.48 and its 200-day moving average is $241.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.34.

Institutional Trading of Travelers Companies

Several hedge funds have recently modified their holdings of TRV. Bank of America Corp DE grew its stake in shares of Travelers Companies by 236.9% during the fourth quarter. Bank of America Corp DE now owns 3,507,219 shares of the insurance provider's stock valued at $844,854,000 after purchasing an additional 2,466,098 shares during the last quarter. Norges Bank bought a new position in Travelers Companies in the fourth quarter valued at approximately $560,918,000. FMR LLC boosted its stake in Travelers Companies by 12.6% in the third quarter. FMR LLC now owns 14,048,691 shares of the insurance provider's stock valued at $3,289,079,000 after acquiring an additional 1,568,909 shares during the last quarter. Balyasny Asset Management L.P. boosted its stake in Travelers Companies by 153.8% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,497,339 shares of the insurance provider's stock valued at $360,694,000 after acquiring an additional 907,266 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Travelers Companies in the fourth quarter valued at approximately $138,619,000. 82.45% of the stock is owned by institutional investors.

Insider Activity

In other news, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now directly owns 250,384 shares of the company's stock, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.33% of the stock is owned by insiders.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a dividend of $1.05 per share. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.77%. Travelers Companies's dividend payout ratio (DPR) is currently 19.56%.

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.