Is Travelers Companies Inc. (NYSE: TRV) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Travelers Institute Launches 2024 National Cybersecurity Tour.

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Stocks Info

This NYSE-listed company operates within the Insurance – Property & Casualty industry segment, falling under the Financial sector. The current market capitalization of Travelers Companies Inc. is $51.21B. A total of 1.05 million shares were traded on the day, compared to an average of 1.56M shares.

In the most recent transaction, Yin Daniel Tei-Hwa sold 9,502 shares of TRV for 221.34 per share on Feb 29 ’24. After the transaction, the EVP & Co-Chief Invest. Officer now owns 58,817 company shares. In a previous transaction on Feb 27 ’24, Rowland David Donnay sold 5,264 shares at 220.94 per share. TRV shares that EVP & Co-Chief Invest. Officer owns now total 7,865.

Among the insiders who sold shares, Lefebvre Mojgan M disposed of 18,716 shares on Feb 22 ’24 at a per-share price of $220.00. This resulted in the EVP & Chief Tech & Ops Officer holding 0 shares of TRV after the transaction. In another insider transaction, HEYMAN WILLIAM H sold 3,000 shares at $222.25 per share on Feb 22 ’24. Company shares held by the Vice Chairman now total 260,384.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Travelers Companies Inc. pays an annual dividend of $4.00, resulting in a dividend yield of 1.79%, and it has a price to earnings (P/E) ratio of 17.48. TRV’s most recent ex-dividend date was 3/7/2024 when it declared a $1.00 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/7/2023. The TRV stock dividend was $1.00 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, TRV has a high of $223.88 and a low of $157.33.

As of this writing, TRV has an earnings estimate of $4.81 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $5.3 per share and a lower estimate of $4.29. The company reported an EPS of $1.95 in the last quarter, which was -35.20% lower than expectations of $3.01.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TRV’s latest balance sheet shows that the firm has $82.41B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $109.21, while its Total Shareholder’s Equity was $28.89B.

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, 0 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 Buy with a score of 3.41.

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