Validus Holdings Inc. (VR): Today's Featured Insurance Winner
(
) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 2.1%. By the end of trading, Validus Holdings Inc rose 23 cents (0.8%) to $27.36 on average volume. Throughout the day, 1.3 million shares of Validus Holdings Inc exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $26.99-$27.60 after having opened the day at $27.05 as compared to the previous trading day's close of $27.13. Other companies within the Insurance industry that increased today were:
(
), up 11.3%,
(
), up 7.8%,
(
), up 3.2%, and
(
), up 2.4%.
Validus Holdings, Ltd., through its subsidiaries, provides reinsurance and insurance coverage in the property, marine, and specialty lines markets worldwide. Validus Holdings Inc has a market cap of $2.7 billion and is part of the
sector. The company has a P/E ratio of 12.6, above the average insurance industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7. Shares are down 7.9% year to date as of the close of trading on Friday.
TheStreet Ratings rates Validus as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
- You can view the full Validus Ratings Report.
On the negative front,
(
), down 11%,
Affirmative Insurance Holdings Inc
(
), down 10.2%,
(
), down 9.9%, and
(
), down 8.4%, were all losers within the insurance industry with
American International Group Inc
(
) being today's insurance industry loser.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
(
) while those bearish on the insurance industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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