Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Company Update (NYSE:TRV): Travelers Schedules Conference Call to Review Second Quarter 2016 Results

[Business Wire] – The Travelers Companies, Inc. will review its second quarter 2016 results at 9 a.m. ET on Thursday, July 21, following the release of results earlier that morning. Read more on this. The Travelers Companies, Inc. (TRV) , with a current market cap of $33.28B, opened at $113.55. Shares have traded today between $113.55 and $114.50 per share with its 52-week range being $95.21 to $118.28. Priced at 11.87x this year’s forecasted earnings, TRV shares are relatively inexpensive compared to the industry’s 16.82x forward p/e ratio. And for income investors, the company pays shareholders $2.68 per share annually in dividends, yielding 2.34%. Consensus earnings for the current quarter by the 23 sell-side analysts covering the stock is an estimate of $2.21 per share, which would be $0.31 worse than the year-ago quarter and a $0.06 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $9.57 would be a $1.30 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.37 Billion. If realized, that would be a 3.24% increase over the year-ago quarter. More recently, Piper Jaffray Initiated TRV at Neutral (Jul 17, 2015). Previously, BofA/Merrill upgraded TRV from Neutral to Buy. The average price target for TRV shares by the analysts covering the stock is $112.68, which is 0.77% below where the stock opened this morning. See more in (NYSE:TRV) Similar Articles: Market Update: The Travelers Companies Inc (NYSE:TRV) – Travelers Announces 2016 Personal Insurance Agents of the Year Company Update: The Travelers Companies Inc (NYSE:TRV) – Travelers Reports First Quarter Net and Operating Income of $2.30 and $2.33 per Diluted Share, Respectively, Including Catastrophe Losses of $0.69 per Diluted Share Market Update: ACE Limited (NYSE:ACE) – ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 CorteMadera.com & California Media Partners, LLC. All rights reserved.