Equities research analysts expect that Travelers Companies Inc (NYSE:TRV) will report sales of $7.14 billion for the current quarter, Zacks reports. Four analysts have made estimates for Travelers Companies’ earnings. The highest sales estimate is $7.24 billion and the lowest is $6.94 billion. Travelers Companies posted sales of $7.16 billion in the same quarter last year, which suggests a negative year over year growth rate of 0.3%. The firm is expected to report its next earnings report before the market opens on Tuesday, January 23rd.

According to Zacks, analysts expect that Travelers Companies will report full year sales of $7.14 billion for the current fiscal year, with estimates ranging from $27.40 billion to $28.54 billion. For the next fiscal year, analysts forecast that the business will post sales of $28.92 billion per share, with estimates ranging from $28.33 billion to $29.58 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Travelers Companies.

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

Several equities research analysts have issued reports on TRV shares. Goldman Sachs Group started coverage on shares of Travelers Companies in a research report on Monday, December 4th. They set a “sell” rating and a $124.00 price objective for the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $152.00 price objective on shares of Travelers Companies in a research report on Wednesday, December 6th. Royal Bank of Canada restated a “buy” rating and set a $148.00 price objective on shares of Travelers Companies in a research report on Friday, December 8th. B. Riley restated a “neutral” rating on shares of Travelers Companies in a research report on Monday, November 6th. Finally, Wells Fargo & Co set a $125.00 price objective on shares of Travelers Companies and gave the stock a “hold” rating in a research report on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $134.38.

In other news, EVP Maria Olivo sold 33,225 shares of Travelers Companies stock in a transaction that occurred 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Frederick Klein sold 20,077 shares of Travelers Companies stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $130.68, for a total transaction 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 $2,825,170.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,302 shares of company stock valued at $7,347,753. 0.82% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Fieldpoint Private Securities LLC acquired a new position in Travelers Companies during the third quarter valued at approximately $106,000. Valeo Financial Advisors LLC acquired a new position in Travelers Companies during the third quarter valued at approximately $108,000. Intellectus Partners LLC raised its position in Travelers Companies by 4.6% during the second quarter. Intellectus Partners LLC now owns 933 shares of the insurance provider’s stock valued at $118,000 after purchasing an additional 41 shares in the last quarter. Omnia Family Wealth LLC raised its position in Travelers Companies by 4.7% during the second quarter. Omnia Family Wealth LLC now owns 1,015 shares of the insurance provider’s stock valued at $128,000 after purchasing an additional 46 shares in the last quarter. Finally, Security National Trust Co. raised its position in Travelers Companies by 260.9% during the third quarter. Security National Trust Co. now owns 1,043 shares of the insurance provider’s stock valued at $128,000 after purchasing an additional 754 shares in the last quarter. Institutional investors and hedge funds own 78.50% of the company’s stock.

Travelers Companies (NYSE TRV) opened at $137.34 on Friday. Travelers Companies has a 1-year low of $113.76 and a 1-year high of $137.95. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $37,458.02, a PE ratio of 15.95, a P/E/G ratio of 1.87 and a beta of 1.25.

Travelers Companies announced that its board has authorized a share repurchase plan on Thursday, November 9th that allows the company to repurchase shares. This repurchase authorization allows the insurance provider to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are 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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