Best Insurance Stocks To Consider – May 30th

Tesla, UnitedHealth Group, and Berkshire Hathaway are the three Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are equity shares of companies whose primary business is underwriting and managing risk through insurance policies (such as life, health, property or casualty insurance). By owning these stocks, investors gain exposure to the financial performance of insurers, including their premium income, claims payouts and investment returns. Insurance stocks often offer relatively stable dividend yields but can be sensitive to large claim events and shifts in interest rates. 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 TSLA traded down $6.82 during mid-day trading on Friday, reaching $351.62. 84,907,019 shares of the stock traded hands, compared to its average volume of 97,818,356. The firm has a market cap of $1.13 trillion, a price-to-earnings ratio of 171.97, a P/E/G ratio of 5.86 and a beta of 2.43. The stock has a fifty day simple moving average of $285.70 and a 200 day simple moving average of $333.80. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 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 traded up $3.27 during mid-day trading on Friday, reaching $301.44. 10,945,042 shares of the stock traded hands, compared to its average volume of 6,761,405. The stock has a fifty day simple moving average of $435.12 and a 200 day simple moving average of $496.39. UnitedHealth Group has a 12-month low of $248.88 and a 12-month high of $630.73. The firm has a market cap of $273.45 billion, a price-to-earnings ratio of 19.45, a P/E/G ratio of 1.37 and a beta of 0.56. 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.

Shares of BRK.B traded down $1.32 during trading on Friday, reaching $504.86. The company’s stock had a trading volume of 2,327,848 shares, compared to its average volume of 4,313,813. The company has a fifty day moving average of $517.68 and a two-hundred day moving average of $489.53. Berkshire Hathaway has a twelve month low of $402.77 and a twelve month high of $542.07. The company has a market cap of $1.09 trillion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 3.45 and a beta of 0.88.