Travelers Companies
Market Cap
US$34.3b
Last Updated
2020/02/20 01:03 UTC
Data Sources
Company Financials +
Executive Summary
The Travelers Companies, Inc., 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 United states and internationally.
Rewards
Risk Analysis
No risks detected for TRV from our risk checks.
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has Travelers Companies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.7%
TRV
-0.9%
US Insurance
0.5%
US Market
1 Year Return
3.6%
TRV
17.5%
US Insurance
20.3%
US Market
Return vs Industry: TRV underperformed the US Insurance industry which returned 17.5% over the past year.
Return vs Market: TRV underperformed the US Market which returned 20.3% over the past year.
Shareholder returns
| TRV | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -0.9% | 0.5% |
| 30 Day | -4.5% | 3.3% | 2.0% |
| 90 Day | -0.5% | 6.5% | 9.4% |
| 1 Year | 6.0%3.6% | 20.3%17.5% | 22.8%20.3% |
| 3 Year | 17.8%9.9% | 35.3%25.0% | 50.1%40.4% |
| 5 Year | 39.9%24.8% | 73.1%52.4% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Travelers Companies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Do You Like The Travelers Companies, Inc. (NYSE:TRV) At This P/E Ratio?2 weeks ago | Simply Wall St
Should You Worry About The Travelers Companies, Inc.'s (NYSE:TRV) CEO Salary Level?4 weeks ago | Simply Wall St
Do Institutions Own The Travelers Companies, Inc. (NYSE:TRV) Shares?Valuation
Is Travelers Companies undervalued compared to its fair value and its price relative to the market?
36.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRV ($134.51) is trading below our estimate of fair value ($212.03)
Significantly Below Fair Value: TRV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRV is good value based on its PE Ratio (13.4x) compared to the Insurance industry average (13.8x).
PE vs Market: TRV is good value based on its PE Ratio (13.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: TRV is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: TRV is overvalued based on its PB Ratio (1.3x) compared to the US Insurance industry average (1.2x).
Next Steps
Future Growth
How is Travelers Companies forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
3.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRV's forecast earnings growth (3.9% per year) is above the savings rate (1.7%).
Earnings vs Market: TRV's earnings (3.9% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: TRV's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRV's revenue (0.4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: TRV's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRV's Return on Equity is forecast to be low in 3 years time (11.1%).
Next Steps
Past Performance
How has Travelers Companies performed over the past 5 years?
-9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRV has high quality earnings.
Growing Profit Margin: TRV's current net profit margins (8.2%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: TRV's earnings have declined by -9.8% per year over the past 5 years.
Accelerating Growth: TRV's earnings growth over the past year (4%) exceeds its 5-year average (-9.8% per year).
Earnings vs Industry: TRV earnings growth over the past year (4%) underperformed the Insurance industry 23.9%.
Return on Equity
High ROE: TRV's Return on Equity (10.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Travelers Companies's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: TRV has a low level of unsold assets or inventory.
Debt Coverage by Assets: TRV's debt is covered by short term assets (assets are 4.1x debt).
Financial Institutions Analysis
Asset Level: TRV's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if TRV has a sufficient allowance for bad loans.
Low Risk Liabilities: TRV reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if TRV has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TRV has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if TRV has an appropriate level of bad loans.
Next Steps
Dividend
What is Travelers Companies's current dividend yield, its reliability and sustainability?
2.44%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Travelers Companies before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TRV's dividend (2.44%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: TRV's dividend (2.44%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: TRV's dividends per share have been stable in the past 10 years.
Growing Dividend: TRV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.3%), TRV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TRV's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Alan Schnitzer (53yo)
4.2yrs
Tenure
US$14,648,213
Compensation
Mr. Alan David Schnitzer is Chairman of the Board of Travelers Companies, Inc. since August 2017 and Chief Executive Officer and Director since December 2015. Mr. Schnitzer joined the Travelers Companies i ...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD14.65M) is above average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.2yrs | US$14.65m | 0.059% $20.1m | |
| Executive VP & CFO | 1.4yrs | US$1.81m | 0.00031% $106.3k | |
| Vice Chairman & Chief Legal Officer | 3.2yrs | US$6.01m | 0.0048% $1.7m | |
| Vice Chairman | 15.8yrs | US$6.62m | 0.096% $32.8m | |
| Vice Chairman | 1.4yrs | US$5.90m | 0.040% $13.8m | |
| Executive VP & President of Business Insurance | 10.6yrs | US$4.86m | 0.0053% $1.8m | |
| VP, Corporate Secretary & Group General Counsel | 0yrs | no data | no data | |
| Executive VP | 0.8yrs | no data | no data | |
| Executive VP & Co-Chief Investment Officer | 0.5yrs | no data | no data | |
| Executive VP & Co-Chief Investment Officer | 0.5yrs | no data | no data |
1.4yrs
Average Tenure
53yo
Average Age
Experienced Management: TRV's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.2yrs | US$14.65m | 0.059% $20.1m | |
| Independent Director | 15.8yrs | US$304.94k | 0.00097% $332.8k | |
| Independent Director | 10.2yrs | US$329.94k | 0.016% $5.4m | |
| Lead Director | 1.1yrs | US$329.94k | no data | |
| Independent Director | 18.8yrs | US$324.94k | no data | |
| Independent Director | 2.5yrs | US$304.94k | 0.0030% $1.0m | |
| Independent Director | 12.8yrs | US$304.94k | 0.000040% $13.7k | |
| Independent Director | 6yrs | US$304.94k | 0.0082% $2.8m | |
| Independent Director | 12.8yrs | US$304.94k | no data | |
| Independent Director | 7.8yrs | US$329.94k | 0.00031% $106.3k |
9.0yrs
Average Tenure
68.5yo
Average Age
Experienced Board: TRV's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Travelers Companies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Travelers Companies, Inc.
- Ticker: TRV
- Exchange: NYSE
- Founded: 1853
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$34.304b
- Shares outstanding: 255.03m
- Website: https://www.travelers.com
Number of Employees
Location
- The Travelers Companies, Inc.
- 485 Lexington Avenue
- New York
- New York
- 10017
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PA9 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1997 |
| PA9 | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Jan 1997 |
| TRV | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jan 1997 |
| TRV * | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Jan 1997 |
| TRV | SNSE (Santiago Stock Exchange) | Yes | Common Shares | CL | USD | Jan 1997 |
| 0R03 | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Jan 1997 |
| TRV | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Jan 1997 |
| PA9 | ETLX (Eurotlx) | Yes | Common Shares | IT | EUR | Jan 1997 |
| TRVV | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REP 0.33 SHS | AR | ARS | Feb 2012 | |
| TRVC34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EA REPR 1/2 COM USD0.00 | BR | BRL | Apr 2016 |
Biography
The Travelers Companies, Inc., 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 United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial transportation industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, program managers, and specialized retail agents. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty insurance products through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 01:03 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.