Endurance Specialty Holdings (ENH) – Research Analysts’ Recent Ratings Changes
Endurance Specialty Holdings (NYSE: ENH) recently received a number of ratings updates from brokerages and research firms:
- 10/11/2016 – Endurance Specialty Holdings was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating.
- 10/11/2016 – Endurance Specialty Holdings was downgraded by analysts at Langen Mcalenn from a “buy” rating to a “neutral” rating.
- 10/7/2016 – Endurance Specialty Holdings was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $93.00 price target on the stock, up previously from $80.00.
- 10/4/2016 – Endurance Specialty Holdings was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Endurance Specialty Holdings Ltd., through its wholly owned operating subsidiaries, is a global provider of property and casualty insurance and reinsurance. Through these subsidiaries, Endurance currently writes property per risk treaty reinsurance, property catastrophe reinsurance, casualty treaty reinsurance, property individual risks, casualty individual risks and other specialty lines. Endurance’s operating subsidiaries have been assigned a group rating of A- (Excellent) from A.M. Best, and headquarters are in Bermuda. “
Shares of Endurance Specialty Holdings Ltd. (NYSE:ENH) traded down 0.03% on Thursday, reaching $91.78. The company had a trading volume of 1,829,444 shares. The company has a 50 day moving average price of $70.78 and a 200 day moving average price of $67.17. Endurance Specialty Holdings Ltd. has a 52-week low of $57.97 and a 52-week high of $92.18. The stock has a market capitalization of $6.20 billion, a PE ratio of 18.87 and a beta of 0.78.
Endurance Specialty Holdings (NYSE:ENH) last posted its quarterly earnings results on Monday, August 1st. The company reported $1.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.03. The company had revenue of $599.61 million for the quarter, compared to analysts’ expectations of $728.83 million. Endurance Specialty Holdings had a return on equity of 6.29% and a net margin of 14.86%. The firm’s revenue was up 30.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 earnings per share. On average, equities research analysts anticipate that Endurance Specialty Holdings Ltd. will post $5.41 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were issued a $0.38 dividend. The ex-dividend date of this dividend was Wednesday, September 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.66%. Endurance Specialty Holdings’s dividend payout ratio is currently 31.60%.
Endurance Specialty Holdings Ltd. is a holding company. The Company, through its operating subsidiaries in Bermuda, the United States and the United Kingdom, focuses on underwriting specialty lines of personal and commercial property, and casualty insurance and reinsurance. It operates through two segments: Insurance and Reinsurance.
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