|Bid||139.19 x 800|
|Ask||143.13 x 800|
|Day's Range||142.16 - 143.30|
|52 Week Range||111.08 - 155.09|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||14.29|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||3.28 (2.30%)|
|1y Target Est||149.73|
JOE FAHMY, MANAGING DIRECTOR OF ZOR CAPITAL, JOINS YAHOO FINANCE'S ADAM SHAPIRO AND JARED BLIKRE TO BREAK DOWN THE PRICE ACTION IN THE S&P 500, NASDAQ COMPOSITE, RUSSELL 2000, AS WELL AS JPMORGAN, MERCK AND ALPHABET. (CHIP STOCKS ARE LOOKING BULLISH TOO.)
What are the largest auto insurance companies in the US in 2019? With 8,701 businesses, the US auto insurance industry is one of the biggest in the world. According to IBIS World, the total revenue raked in by the industry in 2019 is approximately $285 billion. Further, IBIS World data shows that between 2014 and […]
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE). Both organizations work to strategically advance research and public information about automated vehicle and driver assistance technologies. “As a leading auto insurer, we play a central role in the conversation about the future of transportation and mobility,” said Michael Klein, Executive Vice President and President of Personal Insurance at Travelers.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Travelers Companies, Inc. (The) and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.
Economic data has been one of the prevailing themes this week, one that was extended Friday when the Labor Department delivered the September jobs reading. Today's job headline was good enough to boost stocks and it was good, depending upon how one looks at the number.Source: rafapress / Shutterstock.com The Labor Department said 114,000 private sector jobs were added in September and 136,000 overall, thanks a boost from census workers. Economists expected the addition of 145,000 jobs. Plus, the August private payroll number was revised higher to 122,000.Importantly, average hourly earnings jumped 2.9% while the unemployment rate fell to 3.5%, the lowest reading in almost 50 years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile there was plenty of criticism, perhaps some politically motivated, of the jobs report, there was good and bad news within the details, but markets appeared to find some comfort in the data.No, the jobs report wasn't perfect, but it wasn't a total dud, either, and that was enough to send the Nasdaq Composite higher by 1.40% while the S&P 500 rose 1.42%. The Dow Jones Industrial Average advanced 1.42% as 29 of the index's 30 components were pointed higher in late trading, one of best ratios in some time. Important LeadershipOn a day when nearly all of the Dow's constituents were higher, it's hard to quibble about where the leadership was sourced from, but it's certainly a good sign to see Apple (NASDAQ:AAPL) atop today's leader board.As important as knowing that Apple was the Dow leader today is knowing why the stock rallied. Press reports out of Asia indicate the company is boosting production of its more affordable iPhone, a sign that demand for the lower-priced smartphone is robust."Apple has told suppliers to increase their production of its latest iPhone 11 range by up to 10%, or 8 million units following better-than-expected demand worldwide for its new cut-price handset," reports Nikkei Asian Review. "Apple launched its three new iPhone models -- the iPhone 11, 11 Pro, and 11 Pro Max -- in early September, and for the first time in its history reduced the starting price of the model upgrade, despite better cameras, to $699, compared to $749 for last year's iPhone XR." Watching Disney on the DowWalt Disney (NYSE:DIS) was one of more than a dozen stocks to gain 1% or more today. As has been widely noted, the company's streaming offering, Disney +, is set to debut next month, a launch analysts and investors will be closely monitoring. But before Disney + rolls out, the California-based company reports earnings on Nov. 5 and some analysts are talking about those results.Bank of America Merrill Lynch analyst Jessica Reif Ehrlich "expects Disney to report 88 cents in adjusted earnings per share for the fiscal fourth quarter of 2019 on $19.7 billion in revenue," according to Barron's.Wall Street consensus is earnings of 99 cents a share on revenue of $19 billion. Ehrlich has a $168 price target on Disney stock, implying significant upside from Friday's close around $130. Fun With FinancialsIt was a wild week in the financial services space as the sector was slammed by news that not one, not two, but at least three major discount brokers will no longer charge commissions on equity and ETF trades. Add to that, the S&P 500's third-largest sector weight was pressured as the aforementioned slack economic data points stirred speculation the Federal Reserve could lower interest rates this month.Lower interest rates pressure net interest margins at financial services firms so with today's jobs report potentially giving the Fed some leeway to postpone another rate cut, each of the Dow's financial components rallied Friday, led by insurance giant Travelers (NYSE:TRV). Bottom Line on Dow Jones TodayIt seems probable that another rate cut is delivered before year end, but what would really light a fire for stocks is the White House ditching its protectionist policies."Overall, we favor reducing risk amid the ongoing protectionist push," said BlackRock in a Friday note. "We prefer U.S. equities for their reasonable valuations and relatively high quality; and the min vol and quality factors for their defensive properties."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Dow Jones Today: Thank You Jobs Report appeared first on InvestorPlace.
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a symposium, “Harnessing Psychology, Tech and Innovation to Combat Distracted Driving,” today at the University of Cincinnati Carl H. Lindner College of Business. Ohio experienced four consecutive years of rising traffic crashes and deaths between 2013 and 2017, according to the Ohio Department of Transportation.
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2019 Travelers Risk Index, which found that cyber risks are the top concern among businesses of all sizes for the first time since the survey began in 2014. Of the 1,200 business leaders who participated in the survey, 55% said they worry some or a great deal about cyber risks, ahead of medical cost inflation (54%), employee benefit costs (53%), the ability to attract and retain talent (46%) and legal liability (44%). As concerns about cyber threats have grown, a higher percentage of businesses across nearly every industry reported taking proactive measures to safeguard against cyber risks — although a sizable percentage have not implemented such preventive best practices.
The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of the Travelers Catastrophe Map Viewer, a new capability that provides agents and brokers with before-and-after photos of areas affected by disasters. Searchable, high-resolution aerial images are often available within one or two days after a catastrophic event — normally before anyone can physically access the location. This enables agents and brokers to quickly notify customers about the condition of their property and begin the claim process when necessary.
For long term investors, improvement in profitability and outperformance against the industry can be important...
The Travelers Companies, Inc. (NYSE: TRV) today announced that Travelers Insurance Company Limited has received approval from the High Court of England and Wales to complete an insurance business transfer under Part VII of the Financial Services and Markets Act 2000. This will enable the company to transfer the portfolios of all relevant in-force policies and historic liabilities written out of its Irish, French, German and Netherlands branches to its newly established insurance subsidiary, Travelers Insurance Designated Activity Company (Travelers Insurance DAC). “Receiving court approval for our Part VII transfer is another milestone in our plan to ensure we will maintain high levels of service for our customers and brokers following the UK’s expected departure from the European Union,” said Matthew Wilson, CEO of Travelers Europe.
The Travelers Companies, Inc. (NYSE: TRV) today announced it is using HOVER to assist in assessing property damage. HOVER’s technology transforms smartphone photos of any property into an accurate three-dimensional (3-D) model, gathering precise measurements of a building’s exterior, including its roof, siding and windows. Travelers claim professionals can use HOVER to easily inspect damages without the risks that come with climbing ladders, and policyholders can use HOVER to submit their information without having to schedule an on-site inspection.
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will launch its Every Second Matters fall event series today at California State University, Fullerton. The series aims to raise awareness about the risks and consequences of distracted driving and empower young people, their broader communities and businesses to combat this dangerous behavior. “Today’s younger generations may be one of our greatest assets, not only in speaking up and helping change social norms around distracted driving but also in leveraging new technologies to help prevent it,” said Joan Woodward, Executive Vice President, Public Policy and President of the Travelers Institute.
The Travelers Companies, Inc. will review its third quarter 2019 results at 9 a.m. ET on Tuesday, Oct. 22, following the release of results earlier that morning.
The Travelers Companies, Inc. (NYSE:TRV) is about to trade ex-dividend in the next 4 days. You can purchase shares...
Alan Schnitzer has been the CEO of The Travelers Companies, Inc. (NYSE:TRV) since 2015. First, this article will...
Stocks have been volatile enough this month, but then again, so has President Donald Trump's rhetoric on trade with China. Last week, President Trump was lobbing vitriol at the Chinese via Twitter (NASDAQ:TWTR) and opining that his only regret was not hitting the world's second-largest economy with higher tariffs.Source: Pavel Ignatov / Shutterstock.com Today, Trump, from the G7 summit in France, said China is anxious to make a deal. While the Chinese are urging dialogue between the two sides, media outlets there implied that policymakers' desire to come together with the U.S. on trade isn't as Trump is leading the world to believe."They want to make a deal very badly," said Trump in France. "The tariffs have hit them very hard."InvestorPlace - Stock Market News, Stock Advice & Trading TipsOver the weekend, Trump announced a trade deal with Japan, the finishing touches on which still need to be applied, but it looks like that country will up its purchases of U.S. agriculture goods while Trump is pledging to relax some tariffs on Japanese exports.Overall, the improved trade sentiment was enough to send the Nasdaq Composite higher by 1.32% while the S&P 500 soared by 1.11%. The Dow Jones Industrial Average started the week in style, adding 1.05%. In late trading, just four Dow stocks were lower, but it's worth nothing two if not three of those names are tariff-sensitive fare. Marvelous MickeyWalt Disney (NYSE:DIS) was the best-performing member of the Dow today, climbing 2.94%. Some of this may be enthusiasm for the company saying that it's opening 25 stores in Target (NYSE:TGT) locations around the country in early October, just in time for the holiday shopping season."Disney stores will launch inside Target in major cities such as Philadelphia, Denver and Chicago. The company has stand-alone stores, but has closed its locations in West Virginia and Florida this year," according to Reuters.I'll go out on a limb here and say that perhaps some of the rally in Disney shares today is attributable to the start of college football season and the looming kickoff of the NFL, two butters for the bread of Disney unit ESPN. An Apple TodayI frequently say here that investors shouldn't get caught up in one day of market action, so I won't go out on a limb and say that growth stocks are back, but it was encouraging to see Apple (NASDAQ:AAPL) finish higher by 1.90% today. This is most certainly a trade war story because Apple counts on China for 20% of its revenue. Fortunately, President Trump cooperated for one day at least, prompting some bullish musings from Apple analysts."We see certain silver lining relative to timing that might allow Apple to navigate the challenging dynamic better than investors currently expect," J.P. Morgan analyst Samik Chatterjee wrote in a research note Monday, according to Barron's. Interesting AsidesOn a happier note, it was nice to Travelers (NYSE:TRV), probably the most overlooked Dow financial stock, rise 1.80% today even though this company has essentially no China exposure.Johnson & Johnson (NYSE:JNJ) stock has been anything but healthy this month or this year, but managed to gain 1.02% today. An Oklahoma judge is expected to rule later on JNJ's fate in the controversial opioid case. No, the company isn't going bankrupt over this, but it's likely looking at some hefty legal bills. Dow Jones Bottom LineHopefully, the White House looks at Monday's market action and sees it as a sign that when civility reigns in trade talks with China, investors benefit. Beijing should realize the same because it's not as if markets there have been immune to the trade volatility. Far from it -- at a time when the major market catalysts are President Trump's Twitter account and the Federal Reserve, investors are left hoping that the former relaxes, even a little bit.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 "Boring" Stocks With Exciting Prospects * 15 Cybersecurity Stocks to Watch as the Industry Heats Up * 5 Healthcare Stocks to Buy for Healthy Dividends The post Dow Jones Today: The Return of Trade Optimism appeared first on InvestorPlace.