Investing

S&P 500 All-Time Highs but 40 Value Stocks Still Down Over 30% YTD

19. Citizens Financial Group Inc. (NYSE: CFG) was last seen down about 40.5% YTD, despite being up over 13.5% in the past 90 days. This is the fifth worst performing YTD bank stock covered so far out of those in the S&P 500, with a $10 billion market cap and shares still at a very hefty discount of 0.50 times book value. Citizens Financial recently closed at $24.19, in a 52-week range of $14.12 to $41.29. It has a market cap of $10 billion and a 6.5% dividend yield. The consensus price target is $29.58.

20. M&T Bank Corp. (NYSE: MTB) is still down about 39.5% YTD, despite being up 4.5% in the past 90 days. The stock has been range-bound for about 60 days, and its valuation of almost 0.9 times book value remains much lower than pre-recession metrics. M&T Bank last closed at $102.46 a share, in a 52-week range of $85.09 to $174.00 and with a consensus price target of $122.85. It has a market cap of $13 billion and a dividend yield of 4.3%.

21. Huntington Bancshares Inc. (NASDAQ: HBAN) is down 39.5% YTD, despite a gain of almost 20% over the past 90 days. This stock never did recover to its pre-Great Recession peak from 2006, and it is now at a discount to book value (0.78 times), and its dividend yield above 6% should highlight some concerns that it may not be sustainable without an industry recovery. Huntington Bancshares closed at $9.11, in a 52-week range of $6.82 to $15.63. It has a market cap of $9.3 billion and a dividend yield of 6.6%. Analysts have a consensus price target of $10.59.

22. Unum Group (NYSE: UNM) is a life insurance provider with a relatively small $3.56 billion market capitalization, one of the smallest S&P 500 stocks. Unum’s stock is still down 39.5% YTD, despite a gain of 19.9% over the past 90 days. Its dividend yield of over 6% may seem suspect, due solely to its stock performance more than incredibly strong earnings. Shares last closed at $17.64, in a 52-week range of $9.58 to $31.32. The consensus analyst target is $21.00. Unum has a market cap of $3.6 billion and a dividend yield of 6.5%.

23. Zions Bancorp. (NASDAQ: ZION) is down just over 39% YTD, despite being up by 4.6% from 90 days ago. The stock is still up handily from its panic-selling lows in March, but its valuation of 0.75 times book value is against a 4.1% dividend yield. It recently closed at $31.59, in a 52-week range of $23.58 to $52.48. It has a market cap of $5.2 billion and a consensus price target of $36.48.

24. V.F. Corp. (NYSE: VFC) is still down over 38% YTD, despite being 10.8% higher than 90 days ago. Being in the apparel and accessories products can be tricky when so many retailers are in trouble, stores are still closed and the products not being in high demand due to stay-at-home and few “out on the town” options. Still, some of its brands should win from the new travel trends. Those brands include North Face, Timberland, Vans, Eastpak, JanSport, Eagle Creek and Dickies. Shares last closed at $61.66, in a 52-week range of $45.07 to $100.25. It has a market cap of $24 billion and a dividend yield of 3.1%. Analysts have a consensus price target of $65.91.

25. H&R Block Inc. (NYSE: HRB) was last seen down 37.7% YTD and down 13.7% over the past 90 days. There are perhaps far more people who cannot afford tax preparation and may migrate to free or low-cost software services to file taxes. The shift of the tax filing dates also shifted a large portion of its business out into forward months. H&R Block last closed at $14.62, in a 52-week range of $11.29 to $27.35 and with a consensus price target of $18.17. It has a market cap of $2.8 billion and a dividend yield of 7.1%.

26. ViacomCBS Inc. (NASDAQ: VIAC) may have picked an unlucky time to merge two media giants back together. Its shares are down 36.8% YTD, despite seeing a sharp 35% gain in the past 90 days. ViacomCBS recently closed at $26.51, in a 52-week range of $10.10 to $43.04 and with a consensus price target of $26.00. It has a market cap of $16.5 billion and a dividend yield of 3.6%.


27. Huntington Ingalls Industries Inc. (NYSE: HII) is involved in making military ships for the United States and ally nations, and it has fallen since a disappointing earnings report in early August. With a market cap of only $6.3 billion, Huntington Ingalls is down 36.7% YTD and down 13.2% in the past 90 days. This makes it the worst-performing stock of the major defense contractors. Huntington Ingalls last closed at $158.63, in a 52-week range of $147.14 to $279.71. It has a market cap of $6.4 billion and a dividend yield of 2.6%. Analysts have a consensus price target of $186.15.

28. Omnicom Group Inc. (NYSE: OMC) is in a leadership position in advertising agencies. That is a great spot to be in during economic booms, but companies largely have been trimming their advertising efforts to save cash and possibly in place of firing workers. Omnicom shares are down 32% YTD but are up 1.5% in the past 90 days. Despite being higher from the March and May lows, its stock has been range-bound for most of the past three months. Omnicom recently closed at $52.55, in a 52-week range of $46.37 to $82.73. It has a market cap of $11.3 billion and a dividend yield of 5.0%. The consensus price target is $57.82.

29. Hartford Financial Services Group Inc. (NYSE: HIG) has suffered from low rates and a challenging climate to generate new business, along with other insurers in 2020. Hartford Financial stock is still down 34.4% YTD, despite being up 7.7% in the past 90 days. Shares last closed at $39.85, with a 52-week range of $19.04 to $62.75 and a consensus price target of $52.33. It has a market cap of $14 billion and a dividend yield of 3.3%.