Travelers Companies Inc (NYSE:TRV) – Equities research analysts at Piper Sandler issued their Q2 2020 EPS estimates for Travelers Companies in a note issued to investors on Tuesday, July 7th. Piper Sandler analyst P. Newsome expects that the insurance provider will post earnings of $1.77 per share for the quarter. Piper Sandler has a “Neutral” rating and a $106.00 price target on the stock. Piper Sandler also issued estimates for Travelers Companies’ Q3 2020 earnings at $2.18 EPS and FY2020 earnings at $9.33 EPS.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley dropped their price target on shares of Travelers Companies from $110.00 to $100.00 and set an “underweight” rating on the stock in a research note on Monday, May 18th. Royal Bank of Canada reiterated a “hold” rating and set a $115.00 price target on shares of Travelers Companies in a research note on Wednesday, April 22nd. Atlantic Securities upgraded shares of Travelers Companies from a “neutral” rating to an “overweight” rating and set a $125.00 price target on the stock in a research note on Tuesday, March 24th. TheStreet upgraded shares of Travelers Companies from a “c+” rating to a “b-” rating in a research note on Wednesday, July 1st. Finally, Raymond James cut shares of Travelers Companies from a “market perform” rating to an “underperform” rating in a research note on Friday, April 24th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. Travelers Companies has a consensus rating of “Hold” and a consensus target price of $126.50.

Shares of Travelers Companies stock opened at $113.84 on Thursday. The company’s fifty day simple moving average is $112.64 and its 200-day simple moving average is $116.41. The stock has a market capitalization of $28.62 billion, a PE ratio of 12.27, a P/E/G ratio of 2.10 and a beta of 0.89. Travelers Companies has a 1-year low of $76.99 and a 1-year high of $155.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.38 and a quick ratio of 0.38.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Tuesday, April 21st. The insurance provider reported $2.62 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.85 by ($0.23). The business had revenue of $7.23 billion for the quarter, compared to analysts’ expectations of $7.30 billion. Travelers Companies had a return on equity of 9.61% and a net margin of 7.61%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.83 EPS.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brooktree Capital Management bought a new stake in Travelers Companies in the 4th quarter valued at $26,000. Ellevest Inc. bought a new stake in Travelers Companies in the 1st quarter valued at $30,000. Verus Capital Partners LLC bought a new stake in shares of Travelers Companies in the 4th quarter worth about $31,000. Filbrandt Wealth Management LLC bought a new stake in shares of Travelers Companies in the 4th quarter worth about $38,000. Finally, Prestige Wealth Management Group LLC increased its holdings in shares of Travelers Companies by 53.8% in the 1st quarter. Prestige Wealth Management Group LLC now owns 380 shares of the insurance provider’s stock worth $38,000 after buying an additional 133 shares during the last quarter. Institutional investors own 80.72% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 10th were issued a $0.85 dividend. This is an increase from Travelers Companies’s previous quarterly dividend of $0.82. This represents a $3.40 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend was Tuesday, June 9th. Travelers Companies’s payout ratio is currently 35.42%.

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.

Featured Story: Market Timing

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

Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.