The Travelers Companies Inc. (NYSE:TRV) – Morning Dow Report: Oil Lifts Exxon, Chevron; Rising Rates Hurt Travelers

The Travelers Companies Inc. (NYSE:TRV) [at Motley Fool] – The Dow continued its winning streak with modest morning gains as oil prices rising above $100 helped Exxon Mobil and Chevron while rising Treasury bond yields hurt Travelers. Find out more here.
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The Travelers Companies, Inc. (TRV), currently valued at $32.67B, started trading this morning at $90.01.
 
Looking at the stock, its one day range is $89.45 to $90.18 and has traded between $70.73 and $91.68 over the past year.
 
TRV shares are currently priced at 10.01x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 15.94x forward p/e ratio.
 
And for passive income investors, the company pays shareholders $2.00 per share annually in dividends, yielding 2.20%.
 
In a review of the consensus earnings estimate this quarter, 26 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. Furthermore, our analysis shows the full-year EPS estimate to be $8.91, which would be a $2.70 improvement when compared to the last year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.45 Billion. If reported, that would be a 1.30% increase over the year-ago quarter.
 
More recently, FBR Capital upgraded TRV from Mkt Perform to Outperform (Sep 19, 2013). Previously, RBC Capital Mkts upgraded TRV from Outperform to Top Pick.
 
Investors should keep in mind is that the average price target is $91.81, which is 2.00% 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) .


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