Travelers Companies (TRV) Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Travelers Companies in the last year. There are currently 7 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TRV shares.
View TRV analyst ratings or view top-rated stocks.

13 Wall Street analysts have issued 12-month target prices for Travelers Companies' stock. Their TRV share price forecasts range from $176.00 to $220.00. On average, they predict the company's share price to reach $196.08 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
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Travelers Companies' stock was trading at $187.49 at the beginning of 2023. Since then, TRV stock has decreased by 11.0% and is now trading at $166.86.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our TRV earnings forecast.

The Travelers Companies, Inc. (NYSE:TRV) issued its quarterly earnings data on Thursday, July, 20th. The insurance provider reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.05 by $1.99. The insurance provider had revenue of $10.10 billion for the quarter, compared to analyst estimates of $9.97 billion. Travelers Companies had a trailing twelve-month return on equity of 10.75% and a net margin of 5.77%. The firm's revenue was up 10.5% on a year-over-year basis. During the same period last year, the business earned $2.57 earnings per share.
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Travelers Companies announced a quarterly dividend on Thursday, July 20th. Investors of record on Friday, September 8th will be given a dividend of $1.00 per share on Friday, September 29th. This represents a $4.00 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Thursday, September 7th.
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), Absolute Select Value ETF (ABEQ), Nationwide Dow Jones Risk Managed Income ETF (NDJI), SPDR Dow Jones Industrial Average ETF Trust (DIA), Global X Dow 30 Covered Call ETF (DJIA), First Trust Dow 30 Equal Weight ETF (EDOW) and ProShares Ultra Dow30 (DDM).

Travelers Companies (NYSE:TRV) pays an annual dividend of $4.00 per share and currently has a dividend yield of 2.40%. 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 42.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRV will have a dividend payout ratio of 24.38% 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 initiated a share buyback plan on Wednesday, April 19th 2023, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 12.2% of its stock through open market purchases. Stock repurchase plans are typically 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.78%), Geode Capital Management LLC (1.96%), Clearbridge Investments LLC (1.73%), Northern Trust Corp (1.49%), Dimensional Fund Advisors LP (1.22%) and Bank of New York Mellon Corp (0.96%). 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 $166.86.

Travelers Companies (NYSE:TRV) has a market capitalization of $38.20 billion and generates $36.88 billion in revenue each year. The insurance provider earns $2.84 billion in net income (profit) each year or $9.39 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.