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CoreLogic Inc. (CLGX): Today's Featured Insurance Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

CoreLogic ( CLGX) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.1%. By the end of trading, CoreLogic fell $0.75 (-2.1%) to $34.90 on average volume. Throughout the day, 1,335,384 shares of CoreLogic exchanged hands as compared to its average daily volume of 938,800 shares. The stock ranged in price between $34.58-$35.89 after having opened the day at $35.59 as compared to the previous trading day's close of $35.65. Other companies within the Insurance industry that declined today were: Life Partners Holdings ( LPHI), down 4.3%, State Auto Financial Corporation ( STFC), down 3.8%, United Fire Group ( UFCS), down 3.5% and Baldwin & Lyons ( BWINB), down 3.2%.

CoreLogic, Inc. provides property, financial and consumer information, analytics, and services in the United States and Australia. The company operates through three segments: Data and Analytics, Mortgage Origination Services, and Asset Management and Processing Solutions. CoreLogic has a market cap of $3.2 billion and is part of the financial sector. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are up 32.4% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate CoreLogic a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CoreLogic as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, United Insurance Holdings ( UIHC), up 10.1%, NMI Holdings Inc Class A ( NMIH), up 2.9%, Aviva ( AV), up 2.3% and MGIC Investment Corporation ( MTG), up 2.3% , were all gainers within the insurance industry with Fidelity National Financial ( FNF) being today's featured insurance industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

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