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HARTFORD, Conn.--(BUSINESS WIRE)--As the Atlantic hurricane season approaches, The Travelers Companies, Inc. (NYSE: TRV) urges residential and commercial property owners to take proactive steps to protect their homes and buildings from severe weather risks during the upcoming summer months. Colorado State University (CSU) researchers predict that 2024 could be one of the most active Atlantic hurricane seasons in decades. The forecast anticipates 23 named storms, 11 of which could become hurrica.
HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today released its annual Community Report, detailing 2023 charitable contributions of more than $24 million. This brings the company's total giving to approximately $234 million over the past decade. The report also highlights the more than 100,000 volunteer hours logged in the past year by Travelers employees. “We take immense pride in supporting the places we call home, a culture clearly demonstrated through the thou.
Travelers (TRV) reported earnings 30 days ago. What's next for the stock?
The Travelers Companies had a difficult 2023 due to weather-related natural disasters, resulting in missed earnings. Consensus estimates expect substantial EPS recovery and growth in the next 1~2 years. Its EPS recovery potential is not fully priced in, judging by the discounted FWD P/E relative to its historical averages.
Travelers (TRV) is poised to benefit from strong net earned premiums, higher average levels of invested assets, improved results from the fixed-income portfolio and prudent capital deployment.
Travelers (TRV) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Travelers' stock (NYSE: TRV) has gained 8% YTD, as compared to the 5% rise in the S&P500 index over the same period. That said, the stock price plummeted 7.4% yesterday vs.
Travelers' (TRV) first-quarter results reflect higher underlying underwriting gain and higher net investment income, partially offset by higher catastrophe losses.
Although the revenue and EPS for Travelers (TRV) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Travelers (TRV) came out with quarterly earnings of $4.69 per share, missing the Zacks Consensus Estimate of $4.75 per share. This compares to earnings of $4.11 per share a year ago.