Lowest Forward Earnings Yield in the Property & Casualty Insurance Industry Detected in Shares of White Mountains Insurance (WTM, ERIE, MKL, RLI, OB)
Below are the three companies in the Property & Casualty Insurance industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
White Mountains Insurance ranks lowest with a forward earnings yield of 0.8%. Following is Erie Indemnity with a forward earnings yield of 3.3%. Markel ranks third lowest with a forward earnings yield of 3.7%.
RLI follows with a forward earnings yield of 3.8%, and OneBeacon Insurance Group rounds out the bottom five with a forward earnings yield of 4.1%.
SmarTrend recommended that subscribers consider buying shares of White Mountains Insurance on February 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $740.26. Since that recommendation, shares of White Mountains Insurance have risen 11.6%. We continue to monitor White Mountains Insurance for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield white mountains insurance erie indemnity markel onebeacon insurance group