Share on StockTwits

Maiden Holdings (NASDAQ:MHLD) issued its quarterly earnings data on Wednesday. The company reported $0.37 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.37, Analyst Ratings News reports. The company had revenue of $560.00 million for the quarter, compared to the consensus estimate of $524.68 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis.

On the ratings front, analysts at FBR Capital Markets raised their price target on shares of Maiden Holdings from $14.00 to $16.00 in a research note on Tuesday, June 24th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $14.47.

Maiden Holdings (NASDAQ:MHLD) traded up 2.01% during mid-day trading on Wednesday, hitting $11.69. The stock had a trading volume of 98,445 shares. Maiden Holdings has a 52 week low of $10.36 and a 52 week high of $13.48. The stock’s 50-day moving average is $11.94 and its 200-day moving average is $11.93. The company has a market cap of $851.7 million and a price-to-earnings ratio of 14.34.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 15th. Investors of record on Wednesday, October 1st will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date of this dividend is Monday, September 29th.

Maiden Holdings, Ltd. (NASDAQ:MHLD) is a Bermuda-based holding company, primarily focused on serving the needs of regional and specialty insurers in the United States and Europe by providing reinsurance solutions designed to support their capital needs.

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.