Insurance Stocks To Consider – May 8th

Tesla, UnitedHealth Group, Berkshire Hathaway, Wells Fargo & Company, Intuit, SoFi Technologies, and KKR & Co. Inc. are the seven Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are equity shares of companies that underwrite and sell insurance policies, ranging from life and health to property and casualty. Investors in these stocks gain exposure to both the firms’ underwriting margins (premiums collected minus claims paid) and their investment earnings on premium reserves. Their performance is influenced by factors such as claims experience, premium pricing, interest rates, and regulatory changes. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of NASDAQ TSLA traded up $11.16 during trading on Thursday, reaching $287.38. The company had a trading volume of 78,282,370 shares, compared to its average volume of 95,755,812. The stock has a 50-day moving average price of $258.13 and a two-hundred day moving average price of $325.63. Tesla has a twelve month low of $167.41 and a twelve month high of $488.54. The stock has a market capitalization of $925.64 billion, a PE ratio of 140.87, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH stock traded down $3.78 during mid-day trading on Thursday, reaching $387.28. The company’s stock had a trading volume of 4,417,310 shares, compared to its average volume of 4,667,521. The company’s 50 day simple moving average is $491.52 and its 200-day simple moving average is $525.18. The firm has a market capitalization of $352.51 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.37 and a beta of 0.56. UnitedHealth Group has a 12-month low of $385.70 and a 12-month high of $630.73. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Berkshire Hathaway stock traded down $2.47 during midday trading on Thursday, hitting $515.75. The stock had a trading volume of 2,912,037 shares, compared to its average volume of 4,228,513. The stock has a market cap of $1.11 trillion, a P/E ratio of 10.42, a P/E/G ratio of 3.45 and a beta of 0.88. Berkshire Hathaway has a 12 month low of $401.58 and a 12 month high of $542.07. The business has a fifty day moving average price of $518.08 and a 200 day moving average price of $484.05.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Shares of NYSE:WFC traded up $0.24 during trading hours on Thursday, hitting $73.42. The stock had a trading volume of 13,021,305 shares, compared to its average volume of 17,523,568. The stock’s fifty day simple moving average is $69.15 and its 200 day simple moving average is $72.01. The firm has a market capitalization of $238.92 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 1.18 and a beta of 1.13. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.85 and a current ratio of 0.86. Wells Fargo & Company has a 1-year low of $50.15 and a 1-year high of $81.50.

Intuit (INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

Shares of NASDAQ:INTU traded up $18.88 during trading hours on Thursday, hitting $660.02. 1,278,177 shares of the company’s stock traded hands, compared to its average volume of 1,586,839. The company’s fifty day simple moving average is $600.16 and its two-hundred day simple moving average is $616.82. The company has a market cap of $184.52 billion, a price-to-earnings ratio of 64.08, a price-to-earnings-growth ratio of 2.85 and a beta of 1.24. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.24 and a current ratio of 1.24. Intuit has a 52 week low of $532.65 and a 52 week high of $714.78.

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

SoFi Technologies stock traded up $0.37 during mid-day trading on Thursday, hitting $13.38. The company’s stock had a trading volume of 42,739,511 shares, compared to its average volume of 46,785,101. The firm’s 50 day moving average is $11.90 and its 200 day moving average is $13.79. The company has a market cap of $14.67 billion, a PE ratio of 36.16, a price-to-earnings-growth ratio of 2.24 and a beta of 1.84. SoFi Technologies has a 52-week low of $6.01 and a 52-week high of $18.42. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.49 and a quick ratio of 0.18.

KKR & Co. Inc. (KKR)

KKR & Co., Inc. operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.

Shares of KKR traded up $4.03 during trading hours on Thursday, hitting $120.24. 4,482,111 shares of the company were exchanged, compared to its average volume of 4,982,163. The company has a market cap of $106.80 billion, a PE ratio of 36.11, a PEG ratio of 1.00 and a beta of 1.91. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The firm’s 50 day moving average is $111.37 and its 200-day moving average is $136.46.