StanCorp Financial Group (SFG) Announces Quarterly Earnings, Beats Estimates By $0.47 EPS
StanCorp Financial Group (NYSE:SFG) issued its quarterly earnings data on Thursday. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.47, AnalystRatingsNetwork.com reports. The company had revenue of $718.60 million for the quarter, compared to the consensus estimate of $713.25 million. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of StanCorp Financial Group in a research note to investors on Friday, November 29th. They now have a $77.00 price target on the stock. Analysts at FBR Capital Markets raised their price target on shares of StanCorp Financial Group from $53.00 to $57.00 in a research note to investors on Monday, November 4th. They now have a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $56.29.
StanCorp Financial Group (NYSE:SFG) opened at 62.55 on Thursday. StanCorp Financial Group has a 52-week low of $37.96 and a 52-week high of $69.11. The stock’s 50-day moving average is $65.84 and its 200-day moving average is $59.21. The company has a market cap of $2.752 billion and a price-to-earnings ratio of 14.05.
StanCorp Financial Group, Inc (NYSE:SFG) is a holding company.
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