News headlines about Infinity Property and Casualty Corporation (NASDAQ:IPCC) have been trending somewhat negative recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Infinity Property and Casualty Corporation earned a news sentiment score of -0.14 on Accern’s scale. Accern also assigned news articles about the insurance provider an impact score of 45.4322933097985 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Several equities analysts have weighed in on the company. BidaskClub downgraded Infinity Property and Casualty Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. UBS AG raised Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 13th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $94.00 target price on shares of Infinity Property and Casualty Corporation in a research report on Friday, July 14th. Zacks Investment Research downgraded Infinity Property and Casualty Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Finally, Raymond James Financial, Inc. raised Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $99.50.

Infinity Property and Casualty Corporation (IPCC) traded down 1.32% during trading on Wednesday, reaching $93.70. The company’s stock had a trading volume of 42,788 shares. The company’s 50-day moving average is $90.96 and its 200-day moving average is $94.22. The company has a market capitalization of $1.03 billion, a P/E ratio of 25.96 and a beta of 0.86. Infinity Property and Casualty Corporation has a 1-year low of $73.80 and a 1-year high of $101.70.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) last released its quarterly earnings data on Thursday, August 3rd. The insurance provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.55). The firm had revenue of $323.80 million during the quarter, compared to analysts’ expectations of $330.00 million. Infinity Property and Casualty Corporation had a return on equity of 5.16% and a net margin of 2.58%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. Equities analysts anticipate that Infinity Property and Casualty Corporation will post $3.75 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Friday, September 8th were paid a $0.58 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.48%. Infinity Property and Casualty Corporation’s dividend payout ratio (DPR) is currently 64.09%.

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Infinity Property and Casualty Corporation Company Profile

Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

Insider Buying and Selling by Quarter for Infinity Property and Casualty Corporation (NASDAQ:IPCC)

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