News stories about The Travelers Companies (NYSE:TRV) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. The Travelers Companies earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 45.905517048317 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
A number of equities analysts have weighed in on TRV shares. MKM Partners restated a “neutral” rating and set a $130.00 price objective (up from $115.00) on shares of The Travelers Companies in a research report on Wednesday, July 26th. BidaskClub cut shares of The Travelers Companies from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Barclays PLC upped their price objective on shares of The Travelers Companies from $119.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Friday, August 11th. Royal Bank Of Canada restated a “buy” rating and set a $135.00 price objective on shares of The Travelers Companies in a research report on Monday, August 21st. Finally, ValuEngine upgraded shares of The Travelers Companies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company’s stock. The Travelers Companies presently has a consensus rating of “Hold” and a consensus target price of $128.54.
Shares of The Travelers Companies (NYSE:TRV) traded up $0.86 on Wednesday, hitting $130.63. 1,128,600 shares of the company were exchanged, compared to its average volume of 1,496,494. 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 Travelers Companies has a 12-month low of $111.83 and a 12-month high of $135.71. The stock has a market capitalization of $35,580.00, a price-to-earnings ratio of 15.85, a P/E/G ratio of 2.50 and a beta of 1.26.
The Travelers Companies (NYSE:TRV) last announced its earnings results on Thursday, October 19th. The insurance provider reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.10 by ($1.19). The company had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.46 billion. The Travelers Companies had a return on equity of 9.87% and a net margin of 8.56%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $2.40 EPS. equities analysts anticipate that The Travelers Companies will post 6.91 EPS for the current year.
The Travelers Companies declared that its Board of Directors has authorized a stock buyback program on Monday, September 11th that authorizes the company to buyback shares. This buyback authorization authorizes the insurance provider to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.
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 dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.20%. The ex-dividend date is Friday, December 8th. The Travelers Companies’s dividend payout ratio (DPR) is presently 33.29%.
In other The Travelers Companies news, EVP Michael Frederick Klein sold 20,077 shares of the stock in a transaction dated 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 transaction, the executive vice president now owns 21,619 shares of the company’s stock, valued at $2,825,170.92. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Andy F. Bessette sold 2,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $132.98, for a total transaction of $265,960.00. Following the transaction, the executive vice president now directly owns 8,000 shares of the company’s stock, valued at approximately $1,063,840. The disclosure for this sale can be found here. Company insiders own 0.82% of the company’s stock.
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About The 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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