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Zacks News
Here's Why Investing in Lemonade (LMND) Stock is Prudent Now
by Zacks Equity Research
Lemonade (LMND) stands to gain from growth on premium placed with third-party insurance companies, interest rates on investment balances and improvement in the average policy value.
ProAssurance (PRA) and Caresyntax Unite for Better Health Outcome
by Zacks Equity Research
ProAssurance (PRA) partners with Caresyntax to make surgeries smarter using AI tools and reduce claim costs for the insurer.
Allstate (ALL) Continues Auto Rate Hikes to Combat Inflation
by Zacks Equity Research
Allstate (ALL) reports estimated catastrophe losses of $699 million after taxes in May.
Aflac (AFL) Rises 28% in a Year: More Room for Growth Ahead?
by Zacks Equity Research
Aflac's (AFL) cost-saving initiatives are helping it to reduce expenses and boost margins.
Are Finance Stocks Lagging Federal Agricultural Mortgage (AGM) This Year?
by Zacks Equity Research
Here is how Federal Agricultural Mortgage (AGM) and Lemonade (LMND) have performed compared to their sector so far this year.
AIG Sells 74.75M Corebridge Shares in Secondary Offering
by Zacks Equity Research
AIG generates gross proceeds of $1.2 billion before deductions from the secondary offering of Corebridge shares.
CNO Financial (CNO) Subsidiary Launches New Accident Insurance
by Zacks Equity Research
The Accident Insurance product from CNO Financial's (CNO) subsidiary, Washington National, has some competitive features, which differentiate it from other products offered in the market.
AIG Seeks to Sell 65M Corebridge Shares in Secondary Offering
by Zacks Equity Research
American International (AIG) will receive all the net proceeds from the secondary offering of Corebridge shares.
Aegon (AEG) Concludes EUR 200M Stock Repurchase Program
by Zacks Equity Research
Utilizing the buyback program, Aegon (AEG) repurchases a total of 46.8 million common shares.
AIG Subsidiary Corebridge to Pay $400M In Special Dividend
by Zacks Equity Research
American International's (AIG) subsidiary Corebridge will also give its regular quarterly dividend of 23 cents per share.
RenaissanceRe (RNR) Prices Senior Notes Offering Worth $750M
by Zacks Equity Research
RenaissanceRe (RNR) intends to use the transaction proceeds primarily for financing a part of the cash consideration for the Validus acquisition.
Why Prudent Investors are Retaining Allstate (ALL) Stock Now
by Zacks Equity Research
Allstate's (ALL) expanding Protection Services segment is likely to drive its business growth.
Lemonade (LMND) Recently Broke Out Above the 200-Day Moving Average
by Zacks Equity Research
Should investors be excited or worried when a stock crosses above the 200-day simple moving average?
Marsh & McLennan's (MMC) Guy Carpenter to Acquire Re Solutions
by Zacks Equity Research
The acquisition is anticipated to boost demand for Marsh & McLennan's (MMC) business Guy Carpenter's insurtech expertise in the Israeli market.
ProAssurance (PRA) Suspends Quarterly Dividends: Here's Why
by Zacks Equity Research
With the suspension of the quarterly dividends, ProAssurance (PRA) plans to focus on its existing share buyback program.
Wall Street Analysts See a 31.99% Upside in Lemonade (LMND): Can the Stock Really Move This High?
by Zacks Equity Research
The mean of analysts' price targets for Lemonade (LMND) points to a 32% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Equitable Holdings' (EQH) Board Okays New 10% Dividend Hike
by Zacks Equity Research
Equitable Holdings' (EQH) strong financial position with a bright future ahead enables it to take such investor-friendly measures.
Here's Why You Should Retain ProAssurance (PRA) Stock Now
by Zacks Equity Research
ProAssurance's (PRA) declining costs, high dividend yield and growing net investment income are major upsides.
eHealth (EHTH) Targets 8-10% Adjusted EBITDA Margin by 2025
by Zacks Equity Research
By the trailing 12-month period ending March 2025, eHealth (EHTH) expects to enter the positive operating cash flow region.
Here's Why Hold Strategy is Apt for Synchrony (SYF) Stock Now
by Zacks Equity Research
Synchrony (SYF) expects total loan receivables growth to be more than 10% for 2023.
Why Hold Strategy is Apt for American Express (AXP) Stock
by Zacks Equity Research
Higher loan volumes are likely to keep boosting American Express' (AXP) U.S. Consumer Services segment.
Rithm Capital (RITM) Reaches 10-Year Mark, $32B in Assets
by Zacks Equity Research
To date, Rithm Capital's (RITM) dividends paid reach around $4.6 billion.
Why Prudent Investors Are Adding AIG to Their Portfolio Now
by Zacks Equity Research
American International (AIG) rewards its shareholders with $603 million in repurchases and dividends worth $241 million in 1Q23.
Wall Street Analysts Think Lemonade (LMND) Could Surge 51.23%: Read This Before Placing a Bet
by Zacks Equity Research
The consensus price target hints at a 51.2% upside potential for Lemonade (LMND). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Is ING Group (ING) Stock Outpacing Its Finance Peers This Year?
by Zacks Equity Research
Here is how ING Groep (ING) and Lemonade (LMND) have performed compared to their sector so far this year.