Insurance Stocks Technical Reports -- Allstate, Travelers, Loews, and First American Financial

NEW YORK, August 16, 2016 /PRNewswire/ --

Stock-Callers.com has selected the following Property and Casualty Insurance equities for review this morning: The Allstate Corp. (NYSE: ALL), The Travelers Cos. Inc. (NYSE: TRV), Loews Corp. (NYSE: L), and First American Financial Corp. (NYSE: FAF). As per German reinsurance company Munich Re Economic Research, premium growth in property and casualty insurance should average to about 4% in the next two years, which is almost in line with global economic growth. Download the free research reports on these stocks today:

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The Allstate  

Shares in Northbrook, Illinois headquartered The Allstate Corp. ended Monday's session at $69.39, rising 0.38%. The stock recorded a trading volume of 1.54 million shares. The Company's shares have gained 3.23% in the previous three months and 12.89% since the start of this year. The stock is trading 1.50% above its 50-day moving average and 7.24% above its 200-day moving average. Moreover, shares of Allstate, which together with its subsidiaries, engages in property-liability insurance and life insurance business in the US and Canada, have a Relative Strength Index (RSI) of 59.18.

On August 3rd, 2016, Allstate reported total revenue of $9.2 billion in Q2 2016 increased by 2.0% compared to the prior year quarter, as higher insurance premiums outweighed declines in net investment income and realized capital gains. Net investment income was 3.4% lower than Q2 2015, and realized capital gains were $24 million, compared to $108 million in the prior year quarter.  

On August 04th, 2016, research firm Deutsche Bank reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $77 a share to $78 a share. See our free and comprehensive research report on ALL at:

http://stock-callers.com/registration/?symbol=ALL


The Travelers  

New York-based The Travelers Cos. Inc.'s stock saw a slight drop of 0.14%, closing the day at $118.35 and with a total volume of 1.03 million shares traded. The Company's shares have advanced 6.06% in the previous three months and 6.07% on an YTD basis. The stock is trading 1.99% and 5.84% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Travelers Cos., which 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 US and internationally, have an RSI of 58.25.

On July 21st, 2016, Travelers reported net income of $664 million, or $2.24 per diluted share, for the quarter ended June 30, 2016, compared to $812 million, or $2.53 per diluted share, in the prior year's quarter. Operating income in the reported quarter was $649 million, or $2.20 per diluted share, compared to $806 million, or $2.52 per diluted share, in the prior year's quarter.

On July 22nd, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $120 a share to $125 a share. TRV free research report PDF is just a click away at:


http://stock-callers.com/registration/?symbol=TRV


Loews  

On Monday, shares in New York headquartered Loews Corp. recorded a trading volume of 472,393 shares. The stock ended the day 0.66% higher at $41.33. The Company's shares have gained 3.93% over the previous three months and 7.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.95% and 7.48%, respectively. Furthermore, shares of Loews, which through its subsidiaries, provides commercial property and casualty insurance in the US, Canada, the UK, Continental Europe, and Singapore, have an RSI of 56.35.

On August 9th, 2016, Loews announced the quarterly dividend of $0.0625 per share of Common Stock, payable September 13th, 2016 to shareholders of record on August 31st, 2016. Sign up for your complimentary report on L at:

http://stock-callers.com/registration/?symbol=L


First American Financial  

Santa Ana, California headquartered First American Financial Corp.'s rose 0.56%, finishing yesterday's session at $41.16 and with a total volume of 344,760 shares traded. The Company's shares have advanced 11.40% in the previous three months and 16.23% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.68% and 10.90%, respectively. Additionally, shares of First American Financial, which through its subsidiaries, provides financial services, have an RSI of 54.36.

On July 26th, 2016, Ellie Mae® announced an enhanced integration with First American Title Insurance Company, the largest subsidiary of First American Financial Corp., to enable rate and fee quoting, title and settlement ordering, and collaboration on Closing Disclosure Forms directly from Ellie Mae's Encompass, all-in-one mortgage management solution. Register for free on Stock-Callers.com and download the latest research report on FAF at:

http://stock-callers.com/registration/?symbol=FAF

 

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