Best Insurance Stocks Worth Watching – June 11th

Tesla, UnitedHealth Group, and Brown & Brown are the three Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are equity securities representing ownership interests in publicly traded insurance companies. These firms earn profits by underwriting risks, collecting premiums and investing those funds until claims are paid. The performance of insurance stocks is influenced by underwriting results, investment income, loss ratios and prevailing interest‐rate conditions. 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 down $2.06 during trading on Wednesday, hitting $324.03. 104,012,976 shares of the stock were exchanged, compared to its average volume of 100,458,455. The company has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 159.25, a price-to-earnings-growth ratio of 5.86 and a beta of 2.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. Tesla has a 1-year low of $167.41 and a 1-year high of $488.54. The company’s fifty day simple moving average is $293.86 and its 200-day simple moving average is $333.15.

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.

UnitedHealth Group stock traded up $4.09 on Wednesday, hitting $307.88. The company’s stock had a trading volume of 11,642,061 shares, compared to its average volume of 7,081,706. The firm has a market cap of $279.29 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 1.37 and a beta of 0.45. The company has a fifty day moving average price of $399.88 and a 200-day moving average price of $479.36. UnitedHealth Group has a one year low of $248.88 and a one year 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.

Brown & Brown (BRO)

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.

Shares of NYSE BRO traded down $1.52 during midday trading on Wednesday, reaching $103.97. 16,235,671 shares of the company traded hands, compared to its average volume of 1,560,474. The firm has a market cap of $29.80 billion, a PE ratio of 30.07, a PEG ratio of 2.93 and a beta of 0.84. Brown & Brown has a 12 month low of $88.31 and a 12 month high of $125.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.79 and a current ratio of 1.79. The stock’s 50-day simple moving average is $112.82 and its 200-day simple moving average is $111.20.