[at Motley Fool] – Dow component Travelers has risen 26% so far in 2013, but with Allstate and Progressive posting even bigger gains, should Travelers investors worry? Find out how this insurer’s stock beat the Dow Jones …
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The Travelers Companies, Inc. (TRV), with a current value of $32.33B, opened this morning at $87.79.
During the trading session, TRV traded between $87.79 to $88.93 with a one year range of $70.73 to $91.68.
TRV shares are currently priced at 9.89x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 15.90x earnings multiple for the same period.
And for income investors, the company pays shareholders $2.00 per share annually in dividends, yielding 2.30%.
In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $2.10 per share, which would be $1.38 better than the year-ago quarter and a $0.06 sequential increase. The full-year EPS estimate is $8.91 which would be a $2.70 improvement than last year’s full-year earnings.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.45 Billion. If realized, that would be a 1.30% increase over the year-ago quarter.
Recently, FBR Capital upgraded TRV from Mkt Perform to Outperform (Sep 19, 2013). Previously, RBC Capital Mkts upgraded TRV from Outperform to Top Pick.
When considering if perhaps the stock is under or overvalued, the average price target is $91.81, which is 4.58% above where the stock opened this morning.
The Travelers Companies Inc. (NYSE:TRV), through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals primarily in the United States.
Tag Helper ~ Stock Code: TRV | Common Company name: Travelers | Full Company name: The Travelers Companies Inc. (NYSE:TRV) .