Insurance Stocks To Follow Today – July 18th

Tesla, UnitedHealth Group, Elevance Health, Berkshire Hathaway, and SoFi Technologies are the five Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are shares of publicly traded companies whose primary business is providing insurance products—such as life, health, property, and casualty coverage—to individuals and businesses. Investors buy these stocks to gain exposure to the insurers’ underwriting performance, investment income, and risk-management capabilities. Like other financial-sector equities, insurance stocks can be influenced by factors such as interest rates, claims frequency, regulatory changes, and overall economic conditions. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of TSLA stock traded up $10.11 on Friday, hitting $329.52. The company had a trading volume of 77,836,606 shares, compared to its average volume of 108,298,781. The stock’s 50-day moving average is $325.64 and its two-hundred day moving average is $317.81. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The firm has a market cap of $1.06 trillion, a P/E ratio of 181.01, a P/E/G ratio of 9.80 and a beta of 2.39. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UNH traded down $5.44 during trading on Friday, reaching $282.64. 10,995,755 shares of the stock traded hands, compared to its average volume of 7,786,021. UnitedHealth Group has a 12 month low of $248.88 and a 12 month high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.71. The stock’s 50-day moving average is $306.43 and its 200 day moving average is $434.93. The stock has a market capitalization of $256.39 billion, a PE ratio of 11.84, a P/E/G ratio of 1.42 and a beta of 0.45.

Elevance Health (ELV)

Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits.

Shares of ELV traded down $21.61 during trading hours on Friday, hitting $280.84. The stock had a trading volume of 5,904,482 shares, compared to its average volume of 1,667,903. Elevance Health has a 1-year low of $276.57 and a 1-year high of $567.26. The firm has a 50 day simple moving average of $374.07 and a 200-day simple moving average of $396.26. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market capitalization of $63.45 billion, a P/E ratio of 10.98, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of NYSE:BRK.B traded up $0.90 during midday trading on Friday, hitting $474.30. 2,770,650 shares of the company’s stock were exchanged, compared to its average volume of 4,414,074. Berkshire Hathaway has a 12 month low of $406.11 and a 12 month high of $542.07. The stock has a 50 day moving average price of $492.40 and a 200-day moving average price of $494.52. The company has a market cap of $1.02 trillion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 3.28 and a beta of 0.83.

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

SOFI stock traded down $0.48 during trading on Friday, reaching $21.61. The stock had a trading volume of 48,465,742 shares, compared to its average volume of 53,360,484. The company’s 50 day moving average is $15.83 and its two-hundred day moving average is $14.35. The company has a quick ratio of 0.14, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. SoFi Technologies has a one year low of $6.01 and a one year high of $22.71. The company has a market capitalization of $23.89 billion, a price-to-earnings ratio of 52.77, a P/E/G ratio of 3.58 and a beta of 1.91.