Brokerages expect Travelers Companies Inc (NYSE:TRV) to post $1.69 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Travelers Companies’ earnings. The lowest EPS estimate is $1.40 and the highest is $2.61. 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 47.2%. The company is expected to announce its next earnings results before the market opens on Tuesday, January 23rd.

On average, analysts expect that Travelers Companies will report full-year earnings of $6.64 per share for the current financial year, with EPS estimates ranging from $6.40 to $7.60. For the next year, analysts forecast that the company will report earnings of $10.16 per share, with EPS estimates ranging from $8.77 to $10.95. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Travelers Companies.

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

A number of equities analysts have issued reports on the company. ValuEngine cut Travelers Companies from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research raised Travelers Companies from a “hold” rating to a “buy” rating and set a $148.00 target price on the stock in a research report on Friday, January 5th. Citigroup lowered their target price on Travelers Companies from $142.00 to $140.00 and set a “buy” rating on the stock in a research report on Monday, October 2nd. Bank of America raised Travelers Companies from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, Royal Bank of Canada upped their target price on Travelers Companies to $140.00 and gave the stock an “outperform” rating in a research report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $134.38.

In related news, EVP Michael Frederick Klein sold 20,077 shares of the stock in a transaction on Tuesday, November 21st. The stock was 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 directly owns 21,619 shares of the company’s stock, valued at approximately $2,825,170.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Olivo sold 33,225 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $134.18, for a total value 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 valued at $7,347,753 over the last three months. 0.82% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. Carnick & Kubik Group LLC purchased a new stake in shares of Travelers Companies during the 3rd quarter valued at $758,000. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Travelers Companies during the 3rd quarter valued at $78,058,000. Point72 Asset Management L.P. purchased a new stake in shares of Travelers Companies during the 3rd quarter valued at $8,254,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Travelers Companies by 4.6% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 58,457 shares of the insurance provider’s stock valued at $7,162,000 after purchasing an additional 2,567 shares during the last quarter. Finally, Vaughan David Investments Inc. IL increased its position in shares of Travelers Companies by 1,454.3% during the 3rd quarter. Vaughan David Investments Inc. IL now owns 219,728 shares of the insurance provider’s stock valued at $26,387,000 after purchasing an additional 205,591 shares during the last quarter. 78.50% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies (TRV) traded up $1.36 during trading on Wednesday, hitting $136.89. The company’s stock had a trading volume of 718,665 shares, compared to its average volume of 1,553,770. The company has a market cap of $37,440.00, a PE ratio of 15.84, a price-to-earnings-growth ratio of 1.88 and a beta of 1.25. Travelers Companies has a 52-week low of $113.76 and a 52-week high of $137.95. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.41 and a quick ratio of 0.41.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 11th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Friday, December 8th. Travelers Companies’s payout ratio is currently 33.33%.

Travelers Companies announced that its board has approved a share repurchase plan on Thursday, November 9th that authorizes the company to repurchase shares. This repurchase authorization authorizes the insurance provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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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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