Avoid XL Group (XL), Add These 3 Insurance Stocks Instead
Zacks Investment Research | Nov 15, 2017 01:45AM ET
XL Group Ltd (NYSE:XL) has been witnessing downward revisions over the last 30 days. The Zacks Consensus Estimate of a loss of $1.41 for 2017 is worse than the loss of $1.11 per share, expected 30 days back. For 2018, it moved down by a cent over the same time frame. In fact, last quarter, XL Group failed to beat estimates.
Shares of XL Group have gained 4.7% year to date, lagging the .
The Zacks Consensus Estimate for 2017 and 2018 reflects a year-over-year improvement of 16.4% and 26.6%, respectively.
Shares of Infinity Property have rallied 22.6% year to date, outperforming the industry, S&P 500 and XL Group’s gain.
Santa Ana, CA-based First American Financial Corp. (NYSE:FAF) provides financial services. The company has a Zacks Rank #2 and a VGM Score of B. First American Financial is witnessing upward estimate revisions — up 2.4% for 2017 and 2.1% for 2018, respectively — over the last 30 days.
The Zacks Consensus Estimate for 2017 and 2018 reflects a year-over-year improvement of 9.8% and 6%, respectively.
Shares of First American Financial have surged 49.2% year to date, outperforming the industry, S&P 500 and XL Group’s gain.
Marietta, PA-based Donegal Group Inc. (NASDAQ:DGICA) provides property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England and Southern states. The company has a Zacks Rank of 2 and a VGM Score of A. Donegal Group is witnessing upward estimate revisions — up 32.7% for 2017 and 8.7% for 2018, respectively — over the last 30 days.
The Zacks Consensus Estimate for 2018 reflects a year-over-year improvement of 92.3% though the same for 2017 is estimated to decrease 40.9% year over year.
Shares of Donegal Group have lost 2.1% year to date, underperforming the industry, S&P 500 and XL Group’s gain.
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