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Highest Forward Earnings Yield in the Multi-line Insurance Industry Detected in Shares of Assurant (AIZ, HIG, AIG, HCC, HMN)
Jan 08, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Multi-line Insurance industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Assurant ranks highest with a forward earnings yield of 14.8%. Hartford Financial Services is next with a forward earnings yield of 10.9%. American International ranks third highest with a forward earnings yield of 10.6%.
HCC Insurance Holdings follows with a forward earnings yield of 8.9%, and Horace Mann Educators rounds out the top five with a forward earnings yield of 8.6%.
SmarTrend recommended that subscribers consider buying shares of HCC Insurance Holdings on August 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $32.30. Since that recommendation, shares of HCC Insurance Holdings have risen 18.4%. We continue to monitor HCC Insurance Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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