Analysts expect Travelers Companies Inc (NYSE:TRV) to announce $1.86 earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Travelers Companies’ earnings, with the highest EPS estimate coming in at $2.62 and the lowest estimate coming in at $1.44. Travelers Companies posted earnings of $3.20 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 41.9%. The company is scheduled to issue its next earnings report before the market opens on Tuesday, January 23rd.

According to Zacks, analysts expect that Travelers Companies will report full-year earnings of $6.76 per share for the current financial year, with EPS estimates ranging from $6.44 to $7.60. For the next fiscal year, analysts expect that the company will report earnings of $9.46 per share, with EPS estimates ranging from $8.77 to $10.05. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Travelers Companies.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, October 19th. The insurance provider reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $2.10 by ($1.19). Travelers Companies had a net margin of 8.56% and a return on equity of 9.87%. The firm had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same quarter last year, the firm posted $2.40 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year.

TRV has been the topic of a number of analyst reports. Royal Bank of Canada restated a “buy” rating and set a $135.00 target price on shares of Travelers Companies in a research note on Monday, August 21st. ValuEngine upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research cut shares of Travelers Companies from a “hold” rating to a “sell” rating in a research note on Tuesday, September 5th. Buckingham Research initiated coverage on shares of Travelers Companies in a research note on Monday, September 11th. They issued a “buy” rating and a $136.00 price target on the stock. Finally, Credit Suisse Group decreased their price target on shares of Travelers Companies from $128.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 12th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $132.01.

Travelers Companies (TRV) opened at $132.58 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.41 and a current ratio of 0.41. Travelers Companies has a one year low of $113.76 and a one year high of $137.95. The firm has a market cap of $36,550.00, a price-to-earnings ratio of 16.41, a P/E/G ratio of 2.65 and a beta of 1.25.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 11th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, December 8th. This represents a $2.88 dividend on an annualized basis and a yield of 2.17%. Travelers Companies’s dividend payout ratio is currently 33.29%.

Travelers Companies declared that its Board of Directors has approved a share buyback program on Monday, September 11th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the insurance provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

In other news, EVP Michael Frederick Klein sold 20,077 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $130.68, for a total value of $2,623,662.36. Following the completion of the sale, the executive vice president now owns 21,619 shares of the company’s stock, valued at approximately $2,825,170.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maria Olivo sold 33,225 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $134.18, for a total transaction of $4,458,130.50. The disclosure for this sale can be found here. Insiders sold a total of 55,302 shares of company stock worth $7,347,753 over the last 90 days. Insiders own 0.82% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Travelers Companies by 1.0% in the second quarter. Vanguard Group Inc. now owns 21,769,557 shares of the insurance provider’s stock worth $2,754,501,000 after buying an additional 217,625 shares during the last quarter. FMR LLC raised its holdings in shares of Travelers Companies by 6.4% in the second quarter. FMR LLC now owns 7,020,581 shares of the insurance provider’s stock worth $888,314,000 after buying an additional 424,036 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Travelers Companies by 1.6% in the third quarter. Dimensional Fund Advisors LP now owns 2,935,859 shares of the insurance provider’s stock worth $359,710,000 after buying an additional 46,276 shares during the last quarter. APG Asset Management N.V. raised its holdings in shares of Travelers Companies by 12.5% in the third quarter. APG Asset Management N.V. now owns 2,735,245 shares of the insurance provider’s stock worth $335,122,000 after buying an additional 304,900 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Travelers Companies by 2.8% in the third quarter. Legal & General Group Plc now owns 1,656,665 shares of the insurance provider’s stock worth $202,985,000 after buying an additional 44,566 shares during the last quarter. 78.67% of the stock is owned by institutional investors.

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About Travelers Companies

The Travelers Companies, Inc is a holding company. The Company’s segments include Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. Through its subsidiaries, it provides commercial and personal property and casualty insurance products and services. The Business and International Insurance segment offers property and casualty insurance and insurance related services to its clients, in the United States and in Canada, as well as in the United Kingdom, the Republic of Ireland, Brazil and throughout other parts of the world.

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Earnings History and Estimates for Travelers Companies (NYSE:TRV)

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