Share on StockTwits

State Auto Financial Corp (NASDAQ:STFC) updated its second quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.04-0.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21, Stock Ratings reports.

Several analysts have recently commented on the stock. Analysts at Sandler O’Neill raised their price target on shares of State Auto Financial Corp from $21.00 to $24.00 in a research note on Thursday, July 10th. On a related note, analysts at Zacks downgraded shares of State Auto Financial Corp from an outperform rating to a neutral rating in a research note on Tuesday, July 1st. They now have a $24.50 price target on the stock. Finally, analysts at TheStreet upgraded shares of State Auto Financial Corp from a hold rating to a buy rating in a research note on Thursday, June 5th. One research analyst has rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $24.25.

Shares of State Auto Financial Corp (NASDAQ:STFC) traded down 0.28% on Monday, hitting $21.50. 25,473 shares of the company’s stock traded hands. State Auto Financial Corp has a 1-year low of $17.56 and a 1-year high of $25.43. The stock has a 50-day moving average of $22.66 and a 200-day moving average of $21.43. The company has a market cap of $878.5 million and a P/E ratio of 12.96.

State Auto Financial Corp (NASDAQ:STFC) last announced its earnings results on Wednesday, April 30th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.30. The company had revenue of $291.30 million for the quarter, compared to the consensus estimate of $285.60 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that State Auto Financial Corp will post $1.51 EPS for the current fiscal year.

State Auto Financial Corporation (NASDAQ:STFC) is a property and casualty insurance holding company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.