Equities analysts expect that Aspen Insurance Holdings Limited (NYSE:AHL) will announce $0.89 earnings per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Aspen Insurance’s earnings. Aspen Insurance reported earnings of $0.47 per share in the same quarter last year, which suggests a positive year over year growth rate of 89.4%. The firm is scheduled to issue its next earnings results on Wednesday, July 25th.
According to Zacks, analysts expect that Aspen Insurance will report full year earnings of $3.30 per share for the current fiscal year. For the next fiscal year, analysts expect that the company will post earnings of $3.70 per share. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Aspen Insurance.
Aspen Insurance (NYSE:AHL) last posted its earnings results on Wednesday, May 2nd. The insurance provider reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.01). Aspen Insurance had a negative net margin of 13.72% and a negative return on equity of 11.81%. The company had revenue of $533.50 million during the quarter, compared to analyst estimates of $553.00 million. During the same quarter last year, the business posted $0.79 EPS.
AHL has been the subject of several research reports. ValuEngine downgraded shares of Aspen Insurance from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd. Zacks Investment Research upgraded shares of Aspen Insurance from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $42.67.
Aspen Insurance opened at $41.80 on Monday, MarketBeat Ratings reports. Aspen Insurance has a fifty-two week low of $34.80 and a fifty-two week high of $52.40. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $2.49 billion, a P/E ratio of -6.34 and a beta of 0.39.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 5th. Shareholders of record on Friday, May 18th were paid a $0.24 dividend. The ex-dividend date was Thursday, May 17th. This represents a $0.96 annualized dividend and a dividend yield of 2.30%. Aspen Insurance’s dividend payout ratio (DPR) is -14.57%.
Several large investors have recently bought and sold shares of the business. Brinker Capital Inc. grew its stake in shares of Aspen Insurance by 11.8% in the first quarter. Brinker Capital Inc. now owns 13,494 shares of the insurance provider’s stock worth $605,000 after acquiring an additional 1,426 shares in the last quarter. Swiss National Bank grew its stake in shares of Aspen Insurance by 1.9% in the fourth quarter. Swiss National Bank now owns 101,100 shares of the insurance provider’s stock worth $4,105,000 after acquiring an additional 1,900 shares in the last quarter. Xact Kapitalforvaltning AB grew its stake in shares of Aspen Insurance by 43.6% in the first quarter. Xact Kapitalforvaltning AB now owns 7,902 shares of the insurance provider’s stock worth $354,000 after acquiring an additional 2,400 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of Aspen Insurance by 1.7% in the fourth quarter. Teachers Advisors LLC now owns 163,934 shares of the insurance provider’s stock worth $6,656,000 after acquiring an additional 2,713 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC grew its stake in shares of Aspen Insurance by 12.6% in the first quarter. Quantitative Systematic Strategies LLC now owns 28,789 shares of the insurance provider’s stock worth $1,291,000 after acquiring an additional 3,213 shares in the last quarter. Institutional investors and hedge funds own 99.07% of the company’s stock.
About Aspen Insurance
Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.
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