If you screen for insurance stocks trading below book value, with price-to-earnings ratios below that of the market as a whole — and which pay a dividend — you will uncover these 3 that look attractive: Lincoln National Corp. (NYSE:LNC) has been in the life and health insurance business since 1904. That’s a long time. It trades at $50.41 with a P/E of 11, a price-to-book of .98 and a 1.3% dividend.
PartnerRe LTD. (NYSE:PRE) is a re-insurer based in Bermuda. It traded at $101 last week. The P/E is 9, the price-to-book is .80 and the dividend yield is 2.6%. Symetra Financial (NYSE:SYA) markets life and health insurance, in business since 1957. The stock trades at $19.67 with a P/E of 11, a price-to-book of .79 and a 1.8% dividend. That these stocks have been in up trends is no guarantee that up trending will continue. Each one continues to trade above the significant 50 and 200-day moving averages. A price break below those lines would signal caution. The intriguing old-school valuation metrics suggest a closer look may be warranted.
Source: Forbes
Related Articles:
- The 2013 Elite Dividend Stocks List
- 6 High-Yield Dividend Achievers With 25 Years of Increases
- Investments That Pay Monthly Dividends
- 12 Higher Yielding Stocks With A Low Dividend Payout Ratio
- Early Warning Signs of a Dividend Cut
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
At its opening price of $101 per share on Jan. 7, MSFT stock had a market cap of $782 billion, which made it the most valuable company in th...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
0 comments
Post a Comment
Post a Comment