Analyzing EMC Insurance Group (EMCI) and The Competition
EMC Insurance Group (NASDAQ: EMCI) is one of 92 publicly-traded companies in the “Property & Casualty Insurance” industry, but how does it weigh in compared to its competitors? We will compare EMC Insurance Group to similar businesses based on the strength of its profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.
Risk and Volatility
EMC Insurance Group has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500. Comparatively, EMC Insurance Group’s competitors have a beta of 0.93, meaning that their average share price is 7% less volatile than the S&P 500.
Insider and Institutional Ownership
28.2% of EMC Insurance Group shares are held by institutional investors. Comparatively, 60.8% of shares of all “Property & Casualty Insurance” companies are held by institutional investors. 4.5% of EMC Insurance Group shares are held by insiders. Comparatively, 15.6% of shares of all “Property & Casualty Insurance” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
This is a breakdown of current ratings for EMC Insurance Group and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|EMC Insurance Group||0||1||0||0||2.00|
|EMC Insurance Group Competitors||606||2246||2128||42||2.32|
EMC Insurance Group presently has a consensus target price of $30.00, suggesting a potential upside of 5.41%. As a group, “Property & Casualty Insurance” companies have a potential upside of 0.11%. Given EMC Insurance Group’s higher probable upside, equities research analysts plainly believe EMC Insurance Group is more favorable than its competitors.
Earnings & Valuation
This table compares EMC Insurance Group and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|EMC Insurance Group||$649.90 million||N/A||15.90|
|EMC Insurance Group Competitors||$11.75 billion||$2.00 billion||36.13|
EMC Insurance Group’s competitors have higher revenue and earnings than EMC Insurance Group. EMC Insurance Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
EMC Insurance Group pays an annual dividend of $0.84 per share and has a dividend yield of 3.0%. EMC Insurance Group pays out 46.9% of its earnings in the form of a dividend. As a group, “Property & Casualty Insurance” companies pay a dividend yield of 1.4% and pay out 26.8% of their earnings in the form of a dividend.
This table compares EMC Insurance Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|EMC Insurance Group||5.87%||5.66%||1.98%|
|EMC Insurance Group Competitors||9.74%||5.11%||2.64%|
EMC Insurance Group competitors beat EMC Insurance Group on 11 of the 14 factors compared.
EMC Insurance Group Company Profile
EMC Insurance Group Inc. is an insurance holding company. The Company operates through two segments: Property and Casualty Insurance and Reinsurance segment. It conducts its property and casualty insurance operations through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance operations through its subsidiary, EMC Reinsurance Company. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company offered its insurance products in 41 states, as of December 31, 2016. The Company is owned by Employers Mutual Casualty Company (Employers Mutual), a multiple-line property and casualty insurance company. The Company’s insurance agency, EMC Underwriters, LLC (EMC Underwriters), specializes in marketing excess and surplus lines of insurance.
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