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The Travelers Companies, Inc. (TRV)

NYSE - Nasdaq Real-time price. Currency in USD
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156.75+2.37 (+1.54%)
As of 10:41AM EDT. Market open.
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  • R
    Randy
    A 10 PE and 4.5 billion to go in stock buybacks. Sounds like good odds to me! $200 pt
  • D
    DJIA
    Yes, I agree. Another dull and boring stock that pays a 2.25% dividend posed to see $200
  • R
    R.G.
    Several area's in the West are now having floods as a result of the forest fires. More needless damage and loss of assets.
  • R
    R.G.
    Western Fires
    The town of Grenville, CA burned to the ground a few days ago. 40mph winds drove the fire through the town. All homes, businesses, schools, city center, etc. were destroyed. This is largest fire California has ever had.
  • R
    R.G.
    Forest Fires Raging In The West
    I reported 6 weeks ago about this national problem. Not a single person was interested. You are now seeing smoke from these fires clear to New York, some places are reporting terrible air quality. These fires, some set by arsonists are a needless waste and loss of life, timber, that is in short supply, businesses, homes, and health problems. Loss claims will be filed and could be huge. The amount of acres burned is reported to be larger than the total filed last year and season has just begun.
  • R
    Randall
    Great quarter results, regardless of the short term trade today.
    Cheers to all longs!
  • j
    josh
    Travelers (TRV) swung to a profit and reported higher revenue in the second quarter, exceeding Wall Street estimates, as the insurer saw gains in net written premiums and lower catastrophe losses.

    The New York-based company on Tuesday posted core earnings of $3.45 per share in the quarter ended June, compared with a loss of $0.20 a year ago. Analysts polled by Capital IQ called for a core EPS of $2.38. Revenue increased to $8.69 billion from $7.4 billion. Earned premiums increased to $7.62 billion from $6.96 billion, while the Street was looking for $7.43 billion.

    The results "demonstrate the continued successful execution of our strategy to grow the top line at attractive returns as well as the effectiveness of our well-defined and content investment philosophy," said Chief Executive Alan Schnitzer in an earnings call transcript by Capital IQ.

    Net investment income jumped to $818 million from $268 million, while catastrophe losses fell to $475 million from $854 million.

    Net written premiums rose 11% to $8.14 billion, with all three segments reporting growth. Business insurance climbed 5% to $3.98 billion and bond and specialty insurance increased 16% to $854 million. Personal insurance was also up 16% to $3.3 billion.

    "With the momentum we have and the best talents in the industry, we are well positioned to continue to create meaningful shareholder value over time," Schnitzer said.
  • j
    josh
    7/12/21
    Morgan Stanley Upgrades The Travelers Companies, Inc. (TRV) $166.00 Underweight-> Equal-Weight
  • R
    R.G.
    Insurance Costs

    Reserve requirements for Insurance Companies are determined by the State in which the Company is doing business. The purpose of the reserve requirement is to insure that if a catastrophic event were to happen, with a large percentage of policyholders affected, the Company would have enough money to meet the claims.
  • R
    R.G.
    Qtrnomore.....Please push a little harder here. I need $145. to have doubled my investment. No matter how hard I push the envelope, it remains stationery!
  • g
    george
    Picking up more shares here...selloff today is merely profit taking after a nice run up....15 p/e + a nice div, TRV will benefit from higher rates (TRV investments) and rotation into value. We're going higher.
  • R
    R.G.
    Target Price of $148. very attainable within the one year time frame.
  • R
    Randall
    Great quarterly results, even with a dividend increase.
    Cheers to all longs.
  • q
    qtrnomore
    The sky is falling
  • A
    Anonymous
    Markets just don't read the books. Big hurricane in an area where TRV has a lot of insured. TRV goes up & HD goes down. How's a person supposed to make any money?
  • q
    qtrnomore
    Whoa. Look out below!
  • R
    R.G.
    Stansberry Investments issued a BUY rating on TRV today.
  • P
    Party 🎉 is Finally Over
    Why is Goldman Sachs tanking again today and jp Morgan red ?
    Doesn’t our esteemed treasury secretary 👨💼 come from Goldman ?
    What does this mean?
  • j
    josh
    9/11/20
    Wells Fargo Upgrades The Travelers Companies, Inc. (TRV) Underweight » Equal Weight $112 » $115
  • R
    Randall
    Terrific beat in earnings this quarter.
    Should bode well for Sp.
    Cheers to all longs.