Travelers Companies (TRV) Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Travelers Companies in the last twelve months. There are currently 9 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRV, but not buy additional shares or sell existing shares.
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15 Wall Street research analysts have issued 12-month price objectives for Travelers Companies' stock. Their TRV share price forecasts range from $156.00 to $220.00. On average, they predict the company's stock price to reach $193.29 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
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Travelers Companies' stock was trading at $187.49 on January 1st, 2023. Since then, TRV shares have decreased by 6.6% and is now trading at $175.13.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our TRV earnings forecast.

The Travelers Companies, Inc. (NYSE:TRV) issued its quarterly earnings results on Wednesday, April, 19th. The insurance provider reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.64 by $0.47. The insurance provider earned $9.70 billion during the quarter, compared to analysts' expectations of $8.98 billion. Travelers Companies had a net margin of 7.41% and a trailing twelve-month return on equity of 13.41%. Travelers Companies's quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $4.22 earnings per share.
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Travelers Companies declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Friday, June 9th will be given a dividend of $1.00 per share on Friday, June 30th. This represents a $4.00 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Thursday, June 8th. This is a positive change from the stock's previous quarterly dividend of $0.93.
Read our dividend analysis for TRV.

ETFs with the largest weight of Travelers Companies (NYSE:TRV) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares U.S. Insurance ETF (IAK), Global X Dow 30 Covered Call ETF (DJIA), SPDR Dow Jones Industrial Average ETF Trust (DIA), Absolute Select Value ETF (ABEQ), Nationwide Dow Jones Risk Managed Income ETF (NDJI), First Trust Dow 30 Equal Weight ETF (EDOW) and ProShares Ultra Dow30 (DDM).

Travelers Companies (NYSE:TRV) pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRV will have a dividend payout ratio of 22.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRV.

Travelers Companies announced that its board has approved a stock buyback plan on Wednesday, April 19th 2023, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 12.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

537 employees have rated Travelers Companies Chief Executive Officer Alan D. Schnitzer on Glassdoor.com. Alan D. Schnitzer has an approval rating of 94% among the company's employees. This puts Alan D. Schnitzer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Travelers Companies investors own include Johnson & Johnson (JNJ), Cisco Systems (CSCO), Home Depot (HD), Intel (INTC), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Verizon Communications (VZ), AT&T (T), Procter & Gamble (PG) and Walmart (WMT).

Travelers Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRV."

Travelers Companies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.79%), FMR LLC (8.22%), State Street Corp (6.85%), Price T Rowe Associates Inc. MD (2.87%), Geode Capital Management LLC (1.89%) and Clearbridge Investments LLC (1.73%). Insiders that own company stock include Alan D Schnitzer, Andy F Bessette, Daniel S Frey, Daniel S Frey, Daniel Tei-Hwa Yin, David Donnay Rowland, Diane Kurtzman, Douglas K Russell, Gregory C Toczydlowski, Jeffrey P Klenk, Maria Olivo, Michael Frederick Klein, Mojgan M Lefebvre and William H Heyman.
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Shares of TRV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRV stock can currently be purchased for approximately $175.13.

Travelers Companies (NYSE:TRV) has a market capitalization of $40.45 billion and generates $36.88 billion in revenue each year. The insurance provider earns $2.84 billion in net income (profit) each year or $11.73 on an earnings per share basis.

The company employs 32,500 workers across the globe.

Travelers Companies' mailing address is 485 Lexington Avenue, New York NY, 10017. The official website for the company is www.travelers.com. The insurance provider can be reached via phone at (917) 778-6000, via email at gnawi@travelers.com, or via fax at 651-310-8204.