The Travelers Companies Company Profile (NYSE:TRV)

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

The Travelers Companies declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Friday, September 8th will be given a dividend of $0.72 per share on Friday, September 29th. This represents a $2.88 annualized dividend and a yield of 2.35%. The ex-dividend date is Thursday, September 7th. View The Travelers Companies' Dividend History.

The Travelers Companies announced that its Board of Directors has initiated a share repurchase plan on Tuesday, September 12th 2017, which permits the company to buyback outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

The Travelers Companies, Inc. (NYSE:TRV) posted its quarterly earnings data on Thursday, July, 20th. The company reported $1.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.07 by $0.15. The business had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.31 billion. The Travelers Companies had a net margin of 10.15% and a return on equity of 11.68%. The Travelers Companies's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 EPS. View The Travelers Companies' Earnings History.

The Travelers Companies is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for The Travelers Companies.

17 brokers have issued twelve-month price targets for The Travelers Companies' shares. Their predictions range from $107.00 to $148.00. On average, they anticipate The Travelers Companies' share price to reach $125.83 in the next year. View Analyst Ratings for The Travelers Companies.

Here are some recent quotes from research analysts about The Travelers Companies stock:

• 1. According to Zacks Investment Research, "Travelers boast a strong market position as one of the leading writers of auto and homeowners’ insurance and commercial U.S. property-casualty insurance. Its inorganic growth story remains impressive. It has been generating sufficient capital, which it prudently deploys to enhance shareholders’ value. Solid retention and a positive renewal rate change are positives. Shares of Travelers have underperformed the industry year to date. Also, the company witnessed its 2017 and 2018 estimates moving south over the last 60 days. Competitive property and casualty insurance market can challenge Travelers' growth prospects. Low interest rate environment and adverse foreign currency movements continue to weigh on written premiums, while exposure to catastrophe losses pose headwind for underwriting results. Also, it estimates $15–$20 million lower after-tax net investment income on a quarterly basis." (9/20/2017)
• 2. Wells Fargo & Company analysts commented, "We are lowering our Q3 2017 EPS estimate to $0.81 (from income of $1.78) as we are now including $715 million of catastrophe losses, which includes the previewed losses from Harvey and a modest level of additional losses during the quarter. We are not yet including Hurricane Irma losses in our estimate until we get a clearer sense on the size of the industry loss (our current assumption is Irma will be a $40 billion loss for the industry).  TRV’s preannounced losses from Harvey are in-line with our estimate. Our assumption remains that Hurricane Harvey losses will end up at about $20 billion for the insurance industry and Hurricane Irma losses will add another $40 billion. Based on TRV’s market share in the impacted lines in Texas we had assumed the company would see about $547 million of pre-tax losses from Hurricane Harvey, which is within the range of losses TRV preannounced." (9/12/2017)

Some companies that are related to The Travelers Companies include Allstate Corporation (The) (ALL), Sun Life Financial (SLF), Loews Corporation (L), Markel Corporation (MKL), Power Co. of Canada (POW), Intact Financial (IFC), CNA Financial Corporation (CNA), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF), XL Group (XL), American Financial Group (AFG), Alleghany Corporation (Y), W. R. Berkley Corp (WRB), RSA Insurance Group plc (RSA), Industrial Alliance Insur. & Fin. Ser. (IAG), Erie Indemnity Company (ERIE), First American Corporation (The) (FAF) and Old Republic International Corporation (ORI).

The Travelers Companies' management team includes the folowing people:

• Alan D. Schnitzer, Chairman of the Board, Chief Executive Officer
• Brian W. MacLean, President, Chief Operating Officer
• Avrohom J. Kess, Vice Chairman and Chief Legal Officer
• Jay S. Benet, Vice Chairman, Chief Financial Officer
• William H. Heyman, Vice Chairman, Chief Investment Officer
• Andy F. Bessette, Executive Vice President, Chief Administrative Officer
• Kenneth F. Spence III, Executive Vice President, General Counsel
• Maria Olivo, Executive Vice President - Strategic Development and Corporate Treasurer
• John P. Clifford Jr., Executive Vice President - Human Resources
• Michael F. Klein, Executive Vice President and President - Personal Insurance, Head of Enterprise Business Intelligence & Analytics

The Travelers Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.89%), BlackRock Inc. (7.19%), State Street Corp (6.70%), FMR LLC (2.54%), JPMorgan Chase & Co. (2.51%) and LSV Asset Management (1.47%). Company insiders that own The Travelers Companies stock include Alan D Schnitzer, Andy F Bessette, Brian W Maclean, Doreen Spadorcia, Douglas K Russell, Gregory C Toczydlowski, Jay S Benet, Jay S Fishman, John P Clifford Jr, John P Clifford, Jr, Kenneth Franklin Spence III, Maria Olivo, Michael Frederick Klein, Philip T Ruegger III and William H Heyman. View Institutional Ownership Trends for The Travelers Companies.

The Travelers Companies' stock was sold by a variety of institutional investors in the last quarter, including AJO LP, BlackRock Inc., Old Mutual Global Investors UK Ltd., State Street Corp, UBS Asset Management Americas Inc., Arrowstreet Capital Limited Partnership, Bank of Montreal Can and Marshall Wace North America L.P.. Company insiders that have sold The Travelers Companies stock in the last year include Alan D Schnitzer, Andy F Bessette, Brian W Maclean, Douglas K Russell, Gregory C Toczydlowski, Jay S Benet, John P Clifford Jr, John P Clifford, Jr, Kenneth Franklin Spence III, Maria Olivo, Michael Frederick Klein and William H Heyman. View Insider Buying and Selling for The Travelers Companies.

The Travelers Companies' stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, FIL Ltd, Janus Henderson Group PLC, American Century Companies Inc., Parametric Portfolio Associates LLC, Hermes Investment Management Ltd., First Eagle Investment Management LLC and FMR LLC. View Insider Buying and Selling for The Travelers Companies.

Shares of The Travelers Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of The Travelers Companies stock can currently be purchased for approximately $122.67.