Travelers Stock Soars to Record
Shares in insurance company Travelers rose 9% to $264.82, a record, after investors welcomed earnings that were better-than-expected despite increased catastrophe losses. The company's stock has risen 17% over an eight-day period in which it hasn't experienced a down day.
Travelers Companies' stock was surging 5.4% toward a fresh record, to pace all of the Dow's premarket gainers. The rally was ...
Shares of Travelers Cos. jumped early Thursday after the auto and homeowner insurance provider delivered profits that ...
Travelers said it spent $253 million during the third quarter to buy back 1.1 million shares at an average price of $222.64. As of Sept. 30, the company had $5.29 billion remaining in its stock ...
Travelers now trades at 16.6 times trailing earnings and about 2 times its adjusted book value per share. That's not very expensive for an insurance stock, but neither is it overly cheap. However, ...
In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Travelers Companies (TRV – Research Report), ...
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