The Travelers Companies, Inc. (NYSE:TRV - Free Report) - Equities researchers at Zacks Research boosted their Q4 2024 EPS estimates for shares of Travelers Companies in a research note issued to investors on Thursday, November 7th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings of $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.
Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $11.46 billion. During the same quarter in the prior year, the company posted $1.95 earnings per share. The business's revenue was up 11.9% on a year-over-year basis.
TRV has been the subject of a number of other research reports. Roth Mkm increased their target price on shares of Travelers Companies from $240.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, October 21st. BMO Capital Markets increased their price target on shares of Travelers Companies from $233.00 to $270.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd. Royal Bank of Canada increased their price target on shares of Travelers Companies from $250.00 to $273.00 and gave the stock a "sector perform" rating in a report on Friday, October 18th. Bank of America increased their price target on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an "underperform" rating in a report on Thursday, October 17th. Finally, TD Cowen downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating and lowered their price target for the stock from $252.00 to $230.00 in a report on Monday, July 15th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Travelers Companies currently has an average rating of "Hold" and a consensus price target of $247.90.
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Travelers Companies Stock Performance
TRV traded up $1.47 during trading on Monday, hitting $258.36. 1,007,799 shares of the company traded hands, compared to its average volume of 1,309,234. The firm has a market cap of $58.65 billion, a P/E ratio of 13.17, a price-to-earnings-growth ratio of 1.24 and a beta of 0.62. The stock's fifty day moving average is $241.70 and its 200 day moving average is $222.90. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. Travelers Companies has a one year low of $167.08 and a one year high of $269.55.
Travelers Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, December 10th. Travelers Companies's dividend payout ratio is presently 21.54%.
Insider Transactions at Travelers Companies
In other Travelers Companies news, EVP Andy F. Bessette sold 4,520 shares of the business's stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $253.46, for a total value of $1,145,639.20. Following the completion of the transaction, the executive vice president now owns 16,976 shares of the company's stock, valued at approximately $4,302,736.96. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Travelers Companies news, CEO Alan D. Schnitzer sold 40,524 shares of the business's stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $260.12, for a total transaction of $10,541,102.88. Following the completion of the sale, the chief executive officer now directly owns 221,924 shares in the company, valued at $57,726,870.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Andy F. Bessette sold 4,520 shares of the business's stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $253.46, for a total value of $1,145,639.20. Following the sale, the executive vice president now owns 16,976 shares of the company's stock, valued at approximately $4,302,736.96. This represents 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 in the last quarter. 1.33% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Y.D. More Investments Ltd purchased a new position in Travelers Companies in the 2nd quarter worth approximately $25,000. Pathway Financial Advisers LLC purchased a new position in Travelers Companies in the 1st quarter worth approximately $35,000. Beacon Capital Management LLC lifted its holdings in 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 purchasing an additional 66 shares in the last quarter. Wolff Wiese Magana LLC lifted its holdings in 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 purchasing an additional 45 shares in the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new position in Travelers Companies in the 3rd quarter worth approximately $50,000. 82.45% of the stock is currently owned by institutional investors.
About Travelers Companies
(
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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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