Headlines about Maiden Holdings (NASDAQ:MHLD) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Maiden Holdings earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 47.3192264902293 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts recently issued reports on MHLD shares. Zacks Investment Research upgraded Maiden Holdings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Keefe, Bruyette & Woods restated a “hold” rating and set a $10.00 price objective on shares of Maiden Holdings in a research note on Friday, November 3rd. FBR & Co restated a “hold” rating and set a $11.00 price objective on shares of Maiden Holdings in a research note on Monday, September 25th. JMP Securities restated a “mkt outperform” rating and set a $9.00 price objective on shares of Maiden Holdings in a research note on Thursday, August 10th. Finally, BidaskClub cut Maiden Holdings from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Maiden Holdings has an average rating of “Hold” and a consensus price target of $11.00.
Shares of Maiden Holdings (MHLD) remained flat at $$6.40 on Thursday. The company’s stock had a trading volume of 689,700 shares, compared to its average volume of 641,591. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.18 and a current ratio of 0.18. Maiden Holdings has a 52-week low of $5.55 and a 52-week high of $18.95.
Maiden Holdings (NASDAQ:MHLD) last posted its earnings results on Wednesday, November 8th. The insurance provider reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.77). The company had revenue of $653.87 million during the quarter, compared to the consensus estimate of $708.04 million. Maiden Holdings had a negative net margin of 3.95% and a negative return on equity of 9.10%. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 earnings per share. analysts predict that Maiden Holdings will post -0.35 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 9.38%. The ex-dividend date is Friday, December 29th. Maiden Holdings’s payout ratio is currently -36.59%.
In other news, Director Raymond Michael Neff bought 46,500 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were purchased at an average cost of $6.40 per share, with a total value of $297,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.00% of the stock is owned by insiders.
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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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