• Return to Headlines

Fairfax Financial Holdings has the Highest Future Earnings Growth in the Multi-line Insurance Industry (FRFHF, AIG, L, HMN, GNW)

By James Quinn

Below are the three companies in the Multi-line Insurance industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Fairfax Financial Holdings ranks highest with a future earnings growth of 54.1%. Following is American International with a future earnings growth of 19.1%. Loews ranks third highest with a future earnings growth of 14.3%.

Horace Mann Educators follows with a future earnings growth of 12.2%, and Genworth Financial rounds out the top five with a future earnings growth of 7.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Genworth Financial on June 16th, 2016 by issuing a Downtrend alert when the shares were trading at $3.02. Since that call, shares of Genworth Financial have fallen 5.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth fairfax financial holdings american international loews horace mann educators genworth financial