Cantor Fitzgerald Brokers Boost Earnings Estimates for TRV

The Travelers Companies, Inc. (NYSE:TRV) – Analysts at Cantor Fitzgerald boosted their FY2025 earnings estimates for Travelers Companies in a research note issued to investors on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now forecasts that the insurance provider will post earnings of $20.84 per share for the year, up from their previous estimate of $20.27. Cantor Fitzgerald currently has a “Strong-Buy” rating on the stock. The consensus estimate for Travelers Companies’ current full-year earnings is $17.02 per share.

TRV has been the subject of a number of other research reports. Citigroup began coverage on shares of Travelers Companies in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $291.00 price objective for the company. Wall Street Zen raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays set a $313.00 price objective on shares of Travelers Companies in a research note on Wednesday. Wells Fargo & Company boosted their price objective on shares of Travelers Companies from $275.00 to $291.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Finally, Wolfe Research assumed coverage on shares of Travelers Companies in a research note on Monday, September 15th. They issued a “peer perform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $290.11.

Travelers Companies Stock Performance

Travelers Companies stock opened at $269.92 on Friday. The company has a market capitalization of $60.77 billion, a PE ratio of 11.94, a P/E/G ratio of 3.13 and a beta of 0.51. Travelers Companies has a fifty-two week low of $230.23 and a fifty-two week high of $287.95. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.33 and a current ratio of 0.33. The company has a 50 day moving average price of $273.66 and a 200-day moving average price of $266.13.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Thursday, July 17th. The insurance provider reported $6.51 earnings per share for the quarter, beating the consensus estimate of $3.52 by $2.99. Travelers Companies had a net margin of 10.97% and a return on equity of 18.68%. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.02 billion. During the same quarter in the previous year, the firm posted $2.51 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis.

Hedge Funds Weigh In On Travelers Companies

Several hedge funds have recently made changes to their positions in the company. Douglas Lane & Associates LLC acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $203,000. Trust Point Inc. acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $326,000. Corsicana & Co. acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $1,594,000. Focus Financial Network Inc. increased its position in shares of Travelers Companies by 2.6% in the 3rd quarter. Focus Financial Network Inc. now owns 8,289 shares of the insurance provider’s stock valued at $2,315,000 after acquiring an additional 208 shares during the period. Finally, IVC Wealth Advisors LLC acquired a new position in shares of Travelers Companies in the 3rd quarter valued at $210,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Travelers Companies

In related news, EVP Mojgan M. Lefebvre sold 16,820 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $277.54, for a total value of $4,668,222.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Gregory C. Toczydlowski sold 11,505 shares of the company’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $266.12, for a total value of $3,061,710.60. Following the completion of the transaction, the executive vice president directly owned 18,416 shares in the company, valued at approximately $4,900,865.92. The trade was a 38.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.46% of the stock is owned by corporate insiders.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 10th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.6%. Travelers Companies’s dividend payout ratio is presently 19.46%.

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.