BUZZ-PREVIEW: Travelers little changed ahead of results due Wed

Shares of Travelers Cos TRV.N are roughly flat at $239.68 on Tues ahead of the insurer's qtrly results due before the bell on Wed

Analysts expect Q4 rev of $10.75 bln vs $9.99 bln in the yr-ago qtr, and adj EPS of $6.63/shr vs $7.01 a yr ago, according to LSEG

Investors will be keen for any comments from executives on the Los Angeles wildfires and potential financial losses from them

Cathy Seifert, vice president at CFRA Research, wrote in a note Fri that Travelers, along with Allstate ALL.N and Chubb CB.N, have exposure to the insured wildfire losses but that their exposure is limited

"California homeowners constitute 1.4% of TRV's premium base. Its total personal lines exposure is 6.9% of premium base," she wrote, adding that TRV "reportedly stopped writing new policies in early 2024 after sharply curtailing its existing California exposure in 2022 and 2023."

CFRA has a "hold" rating on TRV

Overall, of the 26 analysts who cover the co, eight rate the stock a "strong buy " or "buy," 15 rate it a "hold" and three rate it a "sell," based on LSEG data

The median PT on the stock is $269.00

Including the session move, TRV is down 0.5% YTD and was up about 26% in 2024, while the Dow is 3.3% YTD vs a gain of 13% in 2024

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))