News coverage about State Auto Financial (NASDAQ:STFC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. State Auto Financial earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 47.2671573616173 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
A number of research analysts recently commented on STFC shares. Zacks Investment Research upgraded shares of State Auto Financial from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research note on Saturday, January 20th. BidaskClub lowered shares of State Auto Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. Finally, ValuEngine upgraded shares of State Auto Financial from a “hold” rating to a “buy” rating in a research note on Monday, April 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. State Auto Financial presently has an average rating of “Hold” and a consensus price target of $29.50.
Shares of State Auto Financial opened at $29.12 on Wednesday, according to MarketBeat.com. State Auto Financial has a 52 week low of $28.87 and a 52 week high of $29.54. The stock has a market capitalization of $1.25 billion, a P/E ratio of -72.80 and a beta of 0.83. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.14.
State Auto Financial (NASDAQ:STFC) last announced its quarterly earnings results on Tuesday, May 8th. The insurance provider reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.14). State Auto Financial had a negative net margin of 0.62% and a negative return on equity of 0.03%. The company had revenue of $323.70 million during the quarter. During the same quarter in the prior year, the business posted ($0.22) EPS. The business’s revenue was down 6.2% compared to the same quarter last year. equities analysts expect that State Auto Financial will post 1.15 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Tuesday, June 12th will be paid a $0.10 dividend. The ex-dividend date is Monday, June 11th. This represents a $0.40 dividend on an annualized basis and a yield of 1.37%. State Auto Financial’s dividend payout ratio (DPR) is currently -100.00%.
In other State Auto Financial news, insider Melissa A. Centers sold 1,067 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $27.62, for a total transaction of $29,470.54. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven Eugene English sold 10,834 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $27.83, for a total transaction of $301,510.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,691 shares of company stock worth $352,777. Company insiders own 1.97% of the company’s stock.
About State Auto Financial
State Auto Financial Corporation, through its subsidiaries, engages in writing personal, business, and specialty insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.
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