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Friday, December 2, 2022

This Is Too Hot For The Travelers Companies Inc. (NYSE: TRV), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Travelers Companies Inc. (TRV) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$3.8, or +2.48%, to $157. Volume reached 44,572 shares, with price reaching a high of $157.07 and a low of $157.05. Most recently, Yahoo Finance reported about the stock as it publicized that Travelers Institute to Host Cybersecurity Education Events throughout October.


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Stocks Info

As a NYSE listed company, TRV falls under the Financial sector while operating within the Insurance – Property & Casualty industry segment. At the end of the last regular session, the stock closed at $157.07 and fluctuated between $157.54 as its day high and $152.01 as its day low. The current market capitalization of The Travelers Companies Inc. is $37.64B. A total of 1.09 million shares were traded on the day, compared to an average of 1.22M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, TRV has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 11,478 and the disposition of 12,478 shares. Over the last 12 months, there were 60 BUYs and 60 SELLs from insiders. Insiders purchased 479,205 shares during that period but sold 405,510.

In the most recent transaction, Lefebvre Mojgan M sold 2,945 shares of TRV for 168.33 per share on Aug 24. After the transaction, the EVP & Chief Tech & Ops Officer now owns 1,020 company shares. In a previous transaction on Aug 16, Klein Michael Frederick sold 11,478 shares at 173.41 per share. TRV shares that EVP & President, Personal Ins. owns now total 9,107.

Among the insiders who sold shares, HEYMAN WILLIAM H disposed of 10,000 shares on May 31 at a per-share price of $178.62. This resulted in the Vice Chairman holding 251,605 shares of TRV after the transaction. In another insider transaction, HEYMAN WILLIAM H sold 5,500 shares at $176.68 per share on May 27. Company shares held by the Vice Chairman now total 251,605.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. The Travelers Companies Inc. pays an annual dividend of $3.72, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 10.89. TRV’s most recent ex-dividend date was 09/08/2022 when it declared a $0.93 quarterly dividend that was paid in cash on 09/30/2022. Previously, the company paid the dividend on 06/30/2022 with an ex-dividend date of 06/09/2022. The dividend was $0.93 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TRV in the last 3 months, the mean price target is $174.06 with high estimates of $190.00 and low estimates of $156.00. In terms of 52-week highs and lows, TRV has a high of $187.98 and a low of $145.40.

As of this writing, TRV has an earnings estimate of $2.34 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $3.09 per share and a lower estimate of $1.15. The company reported an EPS of $2.57 in the last quarter, which was 28.5% higher than expectations of $2.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 24 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRV is Sell with a score of 2.92. A total of 4 analysts rated the stock as Buy while 1 rated it as Overweight while 16 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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