Maiden Holdings, Ltd. (NASDAQ:MHLD)‘s stock had its “mkt outperform” rating restated by equities researchers at JMP Securities in a research report issued to clients and investors on Thursday. They currently have a $9.00 target price on the insurance provider’s stock. JMP Securities’ price objective suggests a potential upside of 16.50% from the stock’s current price.

A number of other analysts have also commented on the stock. Compass Point raised shares of Maiden Holdings from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Wednesday, May 10th. FBR & Co cut their price objective on shares of Maiden Holdings from $13.00 to $12.00 and set a “mkt perform” rating on the stock in a research report on Tuesday, July 11th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $19.00 price objective on shares of Maiden Holdings in a research report on Friday, June 9th. Finally, BidaskClub raised shares of Maiden Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $13.75.

Shares of Maiden Holdings (NASDAQ MHLD) traded down 6.472% on Thursday, hitting $7.225. 1,447,513 shares of the stock traded hands. The firm’s market capitalization is $625.83 million. Maiden Holdings has a 52 week low of $7.18 and a 52 week high of $18.95. The firm’s 50 day moving average is $10.96 and its 200 day moving average is $13.09.

Maiden Holdings (NASDAQ:MHLD) last announced its quarterly earnings data on Tuesday, August 8th. The insurance provider reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by $0.43. The business had revenue of $753.18 million during the quarter, compared to the consensus estimate of $740.30 million. Maiden Holdings had a negative return on equity of 0.54% and a negative net margin of 0.61%. On average, analysts expect that Maiden Holdings will post $0.74 EPS for the current fiscal year.

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A number of institutional investors have recently modified their holdings of MHLD. Louisiana State Employees Retirement System increased its position in shares of Maiden Holdings by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 30,000 shares of the insurance provider’s stock worth $333,000 after buying an additional 100 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of Maiden Holdings by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 8,090 shares of the insurance provider’s stock worth $113,000 after buying an additional 170 shares during the last quarter. Arizona State Retirement System increased its position in shares of Maiden Holdings by 0.5% in the second quarter. Arizona State Retirement System now owns 38,400 shares of the insurance provider’s stock worth $426,000 after buying an additional 200 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Maiden Holdings by 1.3% in the first quarter. Municipal Employees Retirement System of Michigan now owns 36,580 shares of the insurance provider’s stock worth $512,000 after buying an additional 460 shares during the last quarter. Finally, Texas Permanent School Fund increased its position in shares of Maiden Holdings by 1.2% in the second quarter. Texas Permanent School Fund now owns 53,714 shares of the insurance provider’s stock worth $596,000 after buying an additional 621 shares during the last quarter. Institutional investors and hedge funds own 66.49% of the company’s stock.

Maiden Holdings Company Profile

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

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