Relatively Low Projected Earnings Growth Detected in Shares of Navigators Group in the Property & Casualty Insurance Industry (NAVG, PGR, AFSI, ERIE, CB)
Below are the three companies in the Property & Casualty Insurance industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Navigators Group ranks lowest with a projected earnings growth of 0.5%. Following is Progressive with a projected earnings growth of 3.6%. Amtrust Financial Services ranks third lowest with a projected earnings growth of 3.6%.
Erie Indemnity follows with a projected earnings growth of 5.4%, and Chubb rounds out the bottom five with a projected earnings growth of 5.8%.
SmarTrend recommended that subscribers consider buying shares of Amtrust Financial Services on August 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.19. Since that recommendation, shares of Amtrust Financial Services have risen 5.7%. We continue to monitor Amtrust Financial Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest projected earnings growth navigators group Progressive amtrust financial services erie indemnity chubb