Equities analysts predict that The Travelers Companies, Inc. (NYSE:TRV) will report $7.14 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for The Travelers Companies’ earnings, with the highest sales estimate coming in at $7.24 billion and the lowest estimate coming in at $6.94 billion. The Travelers Companies posted sales of $7.16 billion during the same quarter last year, which suggests a negative year over year growth rate of 0.3%. The business is expected to report its next quarterly earnings results on Tuesday, January 23rd.

According to Zacks, analysts expect that The 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 year, analysts expect that the firm will post sales of $28.93 billion per share, with estimates ranging from $28.33 billion to $29.58 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover The Travelers Companies.

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

TRV has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed a “buy” rating and set a $135.00 price objective on shares of The Travelers Companies in a research report on Monday, August 21st. Citigroup Inc. reduced their price objective on The Travelers Companies from $142.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, October 2nd. Zacks Investment Research raised The Travelers Companies from a “sell” rating to a “hold” rating in a research report on Thursday, September 14th. Credit Suisse Group dropped their target price on The Travelers Companies from $128.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, September 12th. Finally, ValuEngine upgraded The Travelers Companies from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $128.54.

In related news, EVP Kenneth Franklin Spence III sold 4,800 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $128.73, for a total transaction of $617,904.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.82% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of TRV. FMR LLC raised its position in shares of The Travelers Companies by 42.1% in the 1st quarter. FMR LLC now owns 6,596,545 shares of the insurance provider’s stock worth $795,148,000 after acquiring an additional 1,954,573 shares in the last quarter. Lakeview Capital Partners LLC grew its stake in shares of The Travelers Companies by 12.2% in the 1st quarter. Lakeview Capital Partners LLC now owns 2,750 shares of the insurance provider’s stock valued at $331,000 after buying an additional 300 shares during the period. Citizens Financial Group Inc. RI grew its stake in shares of The Travelers Companies by 11.0% in the 1st quarter. Citizens Financial Group Inc. RI now owns 1,814 shares of the insurance provider’s stock valued at $219,000 after buying an additional 180 shares during the period. Teachers Advisors LLC grew its stake in shares of The Travelers Companies by 8.4% in the 1st quarter. Teachers Advisors LLC now owns 788,420 shares of the insurance provider’s stock valued at $95,036,000 after buying an additional 61,139 shares during the period. Finally, Clark Capital Management Group Inc. grew its stake in shares of The Travelers Companies by 60.3% in the 1st quarter. Clark Capital Management Group Inc. now owns 7,050 shares of the insurance provider’s stock valued at $850,000 after buying an additional 2,652 shares during the period. 78.36% of the stock is owned by hedge funds and other institutional investors.

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The Travelers Companies (TRV) traded down $0.90 during trading hours on Friday, reaching $133.63. The company’s stock had a trading volume of 140,833 shares, compared to its average volume of 1,471,687. The Travelers Companies has a 1 year low of $109.10 and a 1 year high of $135.71. 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 firm has a market capitalization of $36,570.00, a PE ratio of 16.30, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26.

The Travelers Companies declared that its Board of Directors has approved a share buyback plan on Monday, September 11th that permits the company to repurchase shares. This repurchase authorization permits the insurance provider to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 11th will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Friday, December 8th. The Travelers Companies’s dividend payout ratio is presently 33.29%.

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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Earnings History and Estimates for The Travelers Companies (NYSE:TRV)

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