Equities research analysts forecast that Travelers Companies Inc (NYSE:TRV) will report $7.67 billion in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Travelers Companies’ earnings, with the highest sales estimate coming in at $7.76 billion and the lowest estimate coming in at $7.60 billion. Travelers Companies reported sales of $7.30 billion during the same quarter last year, which would suggest a positive year over year growth rate of 5.1%. The firm is scheduled to announce its next earnings report on Tuesday, April 23rd.

According to Zacks, analysts expect that Travelers Companies will report full year sales of $31.23 billion for the current fiscal year, with estimates ranging from $30.90 billion to $31.69 billion. For the next financial year, analysts expect that the business will post sales of $32.60 billion, with estimates ranging from $32.17 billion to $33.07 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Travelers Companies.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Tuesday, January 22nd. The insurance provider reported $2.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.98 by $0.15. Travelers Companies had a net margin of 8.32% and a return on equity of 10.69%. The business had revenue of $6.95 billion for the quarter, compared to analysts’ expectations of $6.92 billion. During the same period in the prior year, the firm earned $2.28 earnings per share. Travelers Companies’s revenue was up 4.8% compared to the same quarter last year.

Several analysts have recently commented on TRV shares. Credit Suisse Group set a $141.00 price target on shares of Travelers Companies and gave the company a “hold” rating in a research note on Wednesday, November 14th. Royal Bank of Canada cut shares of Travelers Companies from an “outperform” rating to a “sector perform” rating and set a $133.00 price target on the stock. in a research note on Tuesday, December 11th. Zacks Investment Research reissued a “sell” rating on shares of Travelers Companies in a research note on Monday, December 31st. Morgan Stanley reduced their price objective on shares of Travelers Companies from $126.00 to $119.00 and set an “underweight” rating on the stock in a research note on Thursday, January 3rd. Finally, Barclays raised shares of Travelers Companies from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $135.00 to $145.00 in a research note on Wednesday, January 9th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $138.33.

In other Travelers Companies news, EVP Gregory C. Toczydlowski sold 23,405 shares of the stock in a transaction on Friday, February 15th. The shares were sold at an average price of $128.52, for a total value of $3,008,010.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Vice Chairman William H. Heyman sold 8,323 shares of the stock in a transaction on Friday, January 25th. The stock was sold at an average price of $125.54, for a total transaction of $1,044,869.42. Following the completion of the sale, the insider now owns 239,744 shares in the company, valued at $30,097,461.76. The disclosure for this sale can be found here. 0.80% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. New Potomac Partners LLC raised its holdings in Travelers Companies by 0.6% in the fourth quarter. New Potomac Partners LLC now owns 16,450 shares of the insurance provider’s stock worth $1,970,000 after purchasing an additional 90 shares during the period. Savant Capital LLC raised its holdings in shares of Travelers Companies by 1.5% during the fourth quarter. Savant Capital LLC now owns 6,194 shares of the insurance provider’s stock worth $742,000 after acquiring an additional 91 shares during the period. Level Four Advisory Services LLC raised its holdings in shares of Travelers Companies by 5.5% during the fourth quarter. Level Four Advisory Services LLC now owns 1,777 shares of the insurance provider’s stock worth $213,000 after acquiring an additional 92 shares during the period. Sandy Spring Bank raised its holdings in shares of Travelers Companies by 4.7% during the fourth quarter. Sandy Spring Bank now owns 2,048 shares of the insurance provider’s stock worth $245,000 after acquiring an additional 92 shares during the period. Finally, Ledyard National Bank raised its holdings in shares of Travelers Companies by 3.0% during the fourth quarter. Ledyard National Bank now owns 3,531 shares of the insurance provider’s stock worth $423,000 after acquiring an additional 103 shares during the period. Institutional investors own 79.62% of the company’s stock.

Shares of TRV traded up $1.20 during mid-day trading on Friday, hitting $131.02. 1,422,860 shares of the company traded hands, compared to its average volume of 1,471,694. Travelers Companies has a one year low of $111.08 and a one year high of $143.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.38 and a quick ratio of 0.38. The stock has a market capitalization of $34.17 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.92 and a beta of 1.05.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Monday, March 11th will be paid a $0.77 dividend. The ex-dividend date is Friday, March 8th. This represents a $3.08 dividend on an annualized basis and a yield of 2.35%. Travelers Companies’s payout ratio is presently 34.45%.

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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