FY2027 EPS Estimate for Travelers Companies Cut by Analyst

The Travelers Companies, Inc. (NYSE:TRVFree Report) – Analysts at Zacks Research decreased their FY2027 earnings per share estimates for shares of Travelers Companies in a research report issued on Tuesday, March 4th. Zacks Research analyst T. De now anticipates that the insurance provider will post earnings per share of $25.04 for the year, down from their previous forecast of $25.78. The consensus estimate for Travelers Companies’ current full-year earnings is $17.02 per share.

Travelers Companies (NYSE:TRVGet Free Report) last released its earnings results 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. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The firm had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same period in the previous year, the company earned $7.01 earnings per share. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year.

Several other brokerages have also recently commented on TRV. Janney Montgomery Scott cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price for the company. in a report on Thursday, November 21st. BMO Capital Markets increased their price objective on Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Tuesday, December 10th. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a “market perform” rating to an “outperform” rating and raised their price target for the company from $275.00 to $286.00 in a report on Wednesday, February 19th. Finally, Barclays lifted their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $261.05.

Read Our Latest Research Report on TRV

Travelers Companies Price Performance

Shares of NYSE:TRV opened at $257.97 on Thursday. Travelers Companies has a one year low of $200.21 and a one year high of $269.55. The company has a market capitalization of $58.49 billion, a PE ratio of 12.02, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a fifty day moving average of $244.16 and a 200-day moving average of $244.09.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.63%. Travelers Companies’s dividend payout ratio is 19.56%.

Institutional Investors Weigh In On Travelers Companies

A number of hedge funds have recently added to or reduced their stakes in the stock. Park Square Financial Group LLC acquired a new position in shares of Travelers Companies during the fourth quarter worth approximately $49,000. Total Wealth Planning & Management Inc. acquired a new position in Travelers Companies during the 4th quarter worth $418,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Travelers Companies in the 4th quarter valued at $66,490,000. Yoffe Investment Management LLC bought a new stake in shares of Travelers Companies during the fourth quarter worth $960,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Travelers Companies during the fourth quarter valued at $928,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Company Profile

(Get Free Report)

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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Earnings History and Estimates for Travelers Companies (NYSE:TRV)

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