KBW analyst Meyer Shields maintained a Hold rating on Travelers Companies (TRV – Research Report) today and set a price target of $275.00. The
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Get Wall Street's Hottest Chart Every Morning The Travelers Companies, Inc. TRV shares are trading higher in the premarket session on Wednesday. The company reported fourth-quarter adjusted ...
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Likewise, $12.01 billion in revenue in Q4 was $1.21 billion above consensus. The topline figure advanced more than 20% from a year earlier. "Earned premiums and underwriting margins were strong in all three segments," said Travelers CEO and Chair Alan Schnitzer.
Property and casualty insurer Travelers trounced Wall Street estimates for fourth-quarter profit as strength in its underwriting business cushioned a blow from outsized catastrophe losses, sending its shares up nearly 5% on Wednesday.
NEW YORK (AP) — NEW YORK (AP) — The Travelers Cos. (TRV) on Wednesday reported fourth-quarter net income of $2.08 billion. On a per-share basis, the New York-based company said it had profit of $8.96. Earnings, adjusted for investment costs, were $9.15 per share.
While the top- and bottom-line numbers for Travelers (TRV) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Shares of Travelers Cos. Inc. TRV shed 1.03% to $248.43 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.92% to 6,067.70 and the Dow Jones Industrial Average DJIA rising 0.31% to 44,850.35. The stock's fall snapped a two-day winning streak.
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Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% We