State Auto Financial Corporation (STFC) Receives Daily Media Impact Rating of 0.27
News headlines about State Auto Financial Corporation (NASDAQ:STFC) have trended positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. State Auto Financial Corporation earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 45.9179391758972 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Essent Group (ESNT) & State Auto Financial Corporation (STFC) Financial Review (americanbankingnews.com)
- State Auto Financial Corporation (STFC) Upgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- P&C insurer State Auto considering sale of E&S business (STFC) (markets.businessinsider.com)
- State Auto mulling sale of a line of business (dispatch.com)
- State Auto Financial (STFC) to Consider Strategic Alternatives for E&S Business Including a Possible Sale (streetinsider.com)
Several analysts have recently commented on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $26.00 target price on shares of State Auto Financial Corporation in a report on Friday, August 18th. ValuEngine downgraded shares of State Auto Financial Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 14th. Zacks Investment Research upgraded shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 25th. BidaskClub upgraded shares of State Auto Financial Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Finally, TheStreet downgraded shares of State Auto Financial Corporation from a “b” rating to a “c+” rating in a report on Monday, May 22nd. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $26.00.
Shares of State Auto Financial Corporation (NASDAQ STFC) traded up 0.62% during mid-day trading on Monday, hitting $24.33. 31,866 shares of the stock traded hands. The company’s 50-day moving average price is $24.73 and its 200 day moving average price is $25.73. State Auto Financial Corporation has a 1-year low of $19.54 and a 1-year high of $27.97. The company has a market capitalization of $1.02 billion, a PE ratio of 21.94 and a beta of 0.90.
State Auto Financial Corporation (NASDAQ:STFC) last announced its quarterly earnings results on Tuesday, August 8th. The insurance provider reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.16) by $0.12. The company had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $341.30 million. State Auto Financial Corporation had a net margin of 3.33% and a return on equity of 1.46%. State Auto Financial Corporation’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.69) EPS. Equities research analysts forecast that State Auto Financial Corporation will post $0.39 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 13th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Tuesday, September 12th. State Auto Financial Corporation’s payout ratio is 35.71%.
About State Auto Financial Corporation
State Auto Financial Corporation is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include Personal Insurance Segment, Commercial Insurance Segment and Specialty Insurance Segment. Its Personal Insurance Segment include personal auto, homeowners and other personal; Commercial Insurance Segment include commercial auto, small commercial package, middle market commercial, workers’ compensation and other commercial, and Specialty Insurance Segment include Excess & Surplus (E&S) property, E&S casualty and programs.
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