04-20-2016, 08:43 AM
It is at a 52 week high, but it's still trading at just under 10x fwd earnings. They are a solid company, sitting on six years worth of dividend payments in cash.
Also, on a side note, they have a great track record of underwriting profit, which is uncommon among insurance companies. http://seekingalpha.com/article/1032911-...e-of-value
Also, on a side note, they have a great track record of underwriting profit, which is uncommon among insurance companies. http://seekingalpha.com/article/1032911-...e-of-value