Somewhat Positive Press Coverage Somewhat Unlikely to Impact Maiden Holdings (MHLD) Stock Price
Press coverage about Maiden Holdings (NASDAQ:MHLD) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Maiden Holdings earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the insurance provider an impact score of 47.2882479663065 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Maiden Holdings, Ltd. (MHLD) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Shares in Maiden Holdings, Ltd. (MHLD) Acquired by ARP Americas LLC (footballhebdo.com)
- Maiden Holdings Ltd (MHLD) Has Stock More Room to Run (lazeresportes.com)
- Maiden Holdings, Ltd. (MHLD) Downgraded to Strong Sell at BidaskClub (naijaoversabi.com)
- Maiden Holdings, Ltd. (NASDAQ:MHLD) Coverage Initiated by Analysts at JMP Securities (americanbankingnews.com)
Several research analysts have commented on the company. FBR & Co reduced their price objective on Maiden Holdings from $13.00 to $12.00 and set a “mkt perform” rating on the stock in a report on Tuesday, July 11th. Compass Point upgraded Maiden Holdings from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Wednesday, May 10th. BidaskClub downgraded Maiden Holdings from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. JMP Securities restated a “mkt outperform” rating and set a $9.00 price objective on shares of Maiden Holdings in a report on Thursday. Finally, Keefe, Bruyette & Woods downgraded Maiden Holdings from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $17.00 to $10.00 in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $11.50.
Shares of Maiden Holdings (MHLD) traded down 3.45% during mid-day trading on Friday, reaching $7.00. The company’s stock had a trading volume of 1,587,841 shares. The stock’s market cap is $606.34 million. The stock has a 50 day moving average of $10.73 and a 200-day moving average of $12.97. Maiden Holdings has a one year low of $6.90 and a one year high of $18.95.
Maiden Holdings (NASDAQ:MHLD) last posted its quarterly earnings data on Tuesday, August 8th. The insurance provider reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by $0.43. Maiden Holdings had a negative return on equity of 0.55% and a negative net margin of 0.61%. The company had revenue of $753.18 million for the quarter, compared to analysts’ expectations of $740.30 million. On average, equities research analysts expect that Maiden Holdings will post $0.74 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Monday, October 2nd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.57%. The ex-dividend date is Friday, September 29th. Maiden Holdings’s dividend payout ratio is currently -120.00%.
About Maiden Holdings
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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