Anticipated $2.75 EPS for The Travelers Companies, Inc

Angelo Anderson
April 25, 2018

The stock had a trading volume of 3,121,867 shares, compared to its average volume of 1,876,133.

Also, while Munich Re has said major loss impacts were low, it doesn't mean the eventual impact from first-quarter US weather losses won't be meaningful, as it may be that regional insurers take higher shares and also it does mean that aggregate reinsurance contracts could be finding their retentions eroded for companies like Travelers which do experience a higher than normal level of losses. It also increased its holding in Occidental Petroleum (NYSE:OXY) by 34,835 shares in the quarter, for a total of 208,129 shares, and has risen its stake in Becton Dickinson And Co (NYSE:BDX).

On a core basis, the New York-based company earned $2.46 per share, missing analysts' average estimate of $2.68, according to Thomson Reuters I/B/E/S. The company has a 50-day moving average of $121.47 and a 200-day moving average of $119.93. Fieldpoint Private Securities LLC purchased a new stake in shares of The Travelers Companies during the 3rd quarter worth about $106,000. (NYSE:TRV) has risen 13.01% since April 23, 2017 and is uptrending. Previous year: $2.16; Analysts forcast: $2.75. The Travelers Companies had a net margin of 7.13% and a return on equity of 8.61%. The business had revenue of $6.18 billion for the quarter, compared to the consensus estimate of $6.25 billion.

On 7/24/2013 The Travelers Companies announced a quarterly dividend of $0.50. Equities research analysts forecast that Travelers Companies Inc will post $9.24 earnings per share for the current fiscal year. Investors of record on Friday, June 8th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $3.08 annualized dividend and a yield of 2.32%. Travelers Companies's dividend payout ratio (DPR) is now 26.10%. Corporate insiders own 0.80% of the company's stock. During the same period past year, the firm posted $3.20 earnings per share. American Economic Planning Group Inc. Following the sale, the chief operating officer now owns 211,293 shares of the company's stock, valued at approximately $31,543,931.97. Northern Oak Wealth Management Inc. increased its position in shares of Travelers Companies by 0.5% in the first quarter. On Monday, December 4 the stock has "Buy" rating by Keefe Bruyette & Woods. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.79% with $268.62 Million sitting short, betting on future declines.


TRV has been the topic of several analyst reports. On Wednesday, January 24 the rating was maintained by Credit Suisse with "Neutral".

WARNING: "Zacks Investment Research Downgrades The Travelers Companies (NYSE:TRV) to Hold" was originally posted by Week Herald and is the sole property of of Week Herald.

That bodes well for the company and its competitors as they move through the rest of this year. Finally, Citigroup raised their price objective on The Travelers Companies from $156.00 to $159.00 and gave the stock a "buy" rating in a report on Tuesday, March 27th. (NYSE:TRV) has "Hold" rating given on Tuesday, January 23 by Sandler O'Neill. (NYSE:TRV) latest ratings and price target changes. The firm operates through three divisions: Business and International Insurance, Bond & Specialty Insurance, and Personal Insurance. (TRV) is an interesting player in the Financial space, with a focus on Property & Casualty Insurance.

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