News stories about Travelers Companies (NYSE:TRV) have trended somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Travelers Companies earned a coverage optimism score of 1.17 on their scale. InfoTrie also gave headlines about the insurance provider an news buzz score of 4 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Travelers Companies’ score:
Castle Resorts & Hotels Unwraps Significant Savings During Cyber Week 2018 (prnewswire.com)
Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Travelers Companies (TRV) Share Price (americanbankingnews.com)
Thanksgiving Travel To Be Busiest In 13 Years: Top 5 Gainers (investing.com)
Suzhou Tourism Launches ‘Upgrade Your Next Vacation to Suzhou’ Social Media Sweepstakes (prweb.com)
Divi Resorts’ Cyber Savings Sale Starts Thanksgiving Day with Up to 50% Off Top Caribbean Destinations (prweb.com)
Shares of NYSE TRV opened at $127.76 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.29. Travelers Companies has a fifty-two week low of $119.67 and a fifty-two week high of $150.55. The stock has a market cap of $34.00 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.19.
Travelers Companies (NYSE:TRV) last issued its earnings results on Thursday, October 18th. The insurance provider reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.28. Travelers Companies had a return on equity of 10.86% and a net margin of 8.18%. The business had revenue of $6.88 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same quarter last year, the company earned $0.91 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Equities analysts forecast that Travelers Companies will post 9.85 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Stockholders of record on Monday, December 10th will be given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Friday, December 7th. Travelers Companies’s dividend payout ratio (DPR) is presently 42.31%.
TRV has been the subject of several recent research reports. ValuEngine upgraded Travelers Companies from a “sell” rating to a “hold” rating in a research note on Saturday, July 28th. Citigroup lifted their price objective on Travelers Companies from $144.00 to $149.00 and gave the company a “buy” rating in a research note on Monday, July 30th. Credit Suisse Group initiated coverage on Travelers Companies in a research note on Tuesday, August 7th. They issued a “neutral” rating and a $141.00 price objective for the company. B. Riley lifted their price objective on Travelers Companies from $118.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday, August 7th. Finally, TheStreet upgraded Travelers Companies from a “c+” rating to a “b” rating in a research note on Thursday, August 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $136.36.
In other news, EVP Andy F. Bessette sold 1,666 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $126.17, for a total transaction of $210,199.22. Following the sale, the executive vice president now owns 8,457 shares of the company’s stock, valued at approximately $1,067,019.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is currently owned by company insiders.
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.
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