Symetra Financial Hits New 1-Year High at $21.96 (SYA)
Symetra Financial (NYSE:SYA)’s share price hit a new 52-week high on Friday , ARN reports. The company traded as high as $21.96 and last traded at $21.93, with a volume of 200,409 shares changing hands. The stock had previously closed at $21.61.
SYA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Symetra Financial from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 7th. They now have a $22.20 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Symetra Financial from $19.00 to $21.00 in a research note on Thursday, April 24th. They now have an “equal weight” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods initiated coverage on shares of Symetra Financial in a research note on Thursday, April 24th. They set a “market perform” rating and a $22.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $20.44.
The stock’s 50-day moving average is $20.90 and its 200-day moving average is $19.71. The company has a market cap of $2.551 billion and a P/E ratio of 11.22.
Symetra Financial (NYSE:SYA) last released its earnings data on Wednesday, April 23rd. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.15. The company had revenue of $545.50 million for the quarter, compared to the consensus estimate of $531.12 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was down 2.1% on a year-over-year basis. On average, analysts predict that Symetra Financial will post $1.89 earnings per share for the current fiscal year.
Symetra Financial Corporation (NYSE:SYA) financial services company in the life insurance industry.
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