Travelers Companies (TRV) Expected to Announce Quarterly Earnings on Wednesday

Travelers Companies (NYSE:TRV) is anticipated to announce its earnings results before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $6.50 per share and revenue of $10,795,375.00 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.46 billion. During the same quarter in the previous year, the business earned $1.95 EPS. Travelers Companies’s revenue was up 11.9% compared to the same quarter last year. On average, analysts expect Travelers Companies to post $19 EPS for the current fiscal year and $21 EPS for the next fiscal year.

Travelers Companies Price Performance

TRV opened at $239.65 on Monday. The business has a fifty day moving average of $249.57 and a 200 day moving average of $235.96. Travelers Companies has a 52-week low of $195.57 and a 52-week high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.29. The stock has a market cap of $54.41 billion, a P/E ratio of 12.29, a PEG ratio of 1.01 and a beta of 0.65.

Insider Transactions at Travelers Companies

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $256.17, for a total transaction of $2,561,700.00. Following the completion of the transaction, the executive vice president now owns 22,798 shares of the company’s stock, valued at $5,840,163.66. This represents a 30.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at $66,301,683.20. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,684 shares of company stock worth $8,728,319 over the last quarter. 1.33% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TRV shares. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Wells Fargo & Company decreased their target price on Travelers Companies from $217.00 to $213.00 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. StockNews.com raised Travelers Companies from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th. Keefe, Bruyette & Woods decreased their target price on Travelers Companies from $273.00 to $268.00 and set a “market perform” rating for the company in a research report on Friday, January 10th. Finally, UBS Group boosted their price target on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $254.65.

About Travelers Companies

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.