Headlines about 1347 Property Insurance (NASDAQ:PIH) have been trending somewhat negative this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 1347 Property Insurance earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 45.6360013790955 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
NASDAQ:PIH traded up $0.03 during mid-day trading on Thursday, reaching $7.00. 4,400 shares of the company were exchanged, compared to its average volume of 6,640. 1347 Property Insurance has a 12 month low of $6.55 and a 12 month high of $8.25. The firm has a market cap of $42.01 million, a P/E ratio of 53.85 and a beta of 0.21.
1347 Property Insurance (NASDAQ:PIH) last issued its quarterly earnings data on Monday, May 14th. The insurance provider reported $0.32 EPS for the quarter. 1347 Property Insurance had a net margin of 4.65% and a return on equity of 5.34%. The firm had revenue of $13.54 million for the quarter. analysts expect that 1347 Property Insurance will post 1.15 EPS for the current year.
A number of equities analysts have recently issued reports on the stock. TheStreet upgraded shares of 1347 Property Insurance from a “c+” rating to a “b-” rating in a research note on Tuesday, June 12th. ValuEngine raised shares of 1347 Property Insurance from a “sell” rating to a “hold” rating in a report on Monday. Finally, Boenning Scattergood started coverage on shares of 1347 Property Insurance in a report on Monday, May 21st. They set an “outperform” rating and a $9.00 price objective on the stock.
In related news, Director Global Investors Fundamental acquired 7,710 shares of the firm’s stock in a transaction on Thursday, May 17th. The shares were purchased at an average price of $7.44 per share, with a total value of $57,362.40. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have acquired 57,245 shares of company stock worth $444,931. Insiders own 47.20% of the company’s stock.
About 1347 Property Insurance
1347 Property Insurance Holdings, Inc, through its subsidiaries, provides property and casualty insurance products to individuals in Louisiana, Florida, and Texas. The company offers homeowners' insurance, manufactured home insurance, dwelling fire insurance, and wind/hail insurance products, as well as reinsurance products.
Further Reading: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades
Receive News & Ratings for 1347 Property Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1347 Property Insurance and related companies with MarketBeat.com's FREE daily email newsletter.