What's Happening With These Insurance Stocks? -- Progressive, Warrior Met Coal, First American Financial, and American Intl.
NEW YORK, Dec 05, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on PGR, HCC, FAF, and AIG which is a click away at http://www.wallstequities.com/registration. This morning, WallStEquities.com scans the performance of The Progressive Corp. (NYSE: PGR), Warrior Met Coal Inc. (NYSE: HCC), First American Financial Corp. (NYSE: FAF), and American International Group Inc. (NYSE: AIG). These stocks belong to the Property and Casualty Insurance industry, which consists of companies that are engaged in insurance underwriting, and carriers of property, fire, marine, auto, title, professional liability, funeral, bonding, fidelity, and other surety policies. See what Wall St. Equities research desk has to say about these stocks, join our members and enjoy of your free research reports at: http://www.wallstequities.com/registration
Progressive
On Monday, shares in Ohio headquartered The Progressive Corp. rose 1.42%, ending the day at $54.36. The stock recorded a trading volume of 3.09 million shares. The Company's shares have advanced 10.24% in the last one month, 23.24% over the previous three months, and 53.13% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.00% and 21.42%, respectively. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have a Relative Strength Index (RSI) of 83.12.
On November 15th, 2017, Progressive reported the its unaudited results for October 2017. Net premiums written totaled $2,758.2 million for the month, net premiums earned totaled $2,587.7 million, and net income was $160.1 million. Total personal lines for October were $15,950.4 thousand, total commercial lines were $643.5 thousand, and property business was $1,409.4 thousand. Looking for insightful coverage on PGR sign up for free at: http://www.wallstequities.com/registration/?symbol=PGR
Warrior Met Coal
Shares in Alabama headquartered Warrior Met Coal Inc. ended the day 1.92% higher at $22.86. A total volume of 1.34 million shares was traded, which was above their three months average volume of 1.32 million shares. In the last month and the previous three months, the stock has surged 36.56% and 36.61%, respectively. Additionally, the Company's shares have skyrocketed 103.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 37.04% and 64.81%, respectively. Furthermore, shares of the Company have an RSI of 88.95.
On November 09th, 2017, Warrior Met Coal announced its results for Q3 ended September 30th, 2017. Net income for Q3 2017 was $119.7 million, total revenues were $312.0 million, and cost of sales were $189.6 million. Available liquidity as of the end of the quarter was $334.1 million, consisting of cash and cash equivalents of $234.1 million and $100.0 million available under the Company's asset-based revolving credit agreement. Today's complimentary research report on HCC is accessible at: http://www.wallstequities.com/registration/?symbol=HCC
First American Financial
At the close of trading on Monday, shares in California-based First American Financial Corp. finished 0.43% lower at $55.28 with a total trading volume of 475,999 shares. The stock has advanced 1.90% in the last one month, 15.99% over the previous three months, and 50.91% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 5.40% and 20.73%, respectively. Additionally, shares of the Company have an RSI of 60.64.
On November 08th, 2017, First American Financial announced that its Board of Directors has declared a quarterly cash dividend of 38 cents per common share. The cash dividend is payable on December 15th, 2017, to shareholders of record as of December 08th, 2017. Register now for your free research document on FAF at: http://www.wallstequities.com/registration/?symbol=FAF
American International Group
New York-based American International Group Inc.'s shares recorded a trading volume of 5.81 million shares at the end of yesterday's session, which was above their three months average volume of 5.37 million shares. The stock closed the day 1.04% lower at $59.26. The Company's shares are trading below their 200-day moving average by 4.94%. Additionally, shares of AIG have an RSI of 36.11.
On November 29th, 2017, AIG announced the launch of Assured Edge Income Builder-NY, a new, fixed annuity product issued by The US Life Insurance Company in the City of New York. It is the first fixed annuity with a guaranteed lifetime withdrawal benefit offered in the state. The annuity also offers clients a low-risk, long-term retirement income solution and guaranteed lifetime income.
On December 04th, 2017, research firm Goldman initiated a 'Neutral' rating on the Company's stock, with a target price of $61 per share. Click on the link below and see our free report AIG at: http://www.wallstequities.com/registration/?symbol=AIG
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