Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) will post its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Blue Capital Reinsurance Holdings to post earnings of $0.28 per share for the quarter.

Blue Capital Reinsurance Holdings (NYSE:BCRH) last announced its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. Blue Capital Reinsurance Holdings had a net margin of 38.93% and a return on equity of 8.84%. The company had revenue of $10.30 million for the quarter, compared to analysts’ expectations of $11.09 million. During the same quarter in the previous year, the company earned $0.22 earnings per share. Blue Capital Reinsurance Holdings’s quarterly revenue was down 8.8% on a year-over-year basis. On average, analysts expect Blue Capital Reinsurance Holdings to post $-1.03 EPS for the current fiscal year and $1.85 EPS for the next fiscal year.

Blue Capital Reinsurance Holdings Ltd. (BCRH) opened at 13.55 on Monday. The company’s 50 day moving average is $16.45 and its 200 day moving average is $18.29. The stock has a market cap of $118.71 million, a PE ratio of 7.37 and a beta of 0.07. Blue Capital Reinsurance Holdings Ltd. has a 12 month low of $13.45 and a 12 month high of $20.83.

The business also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 8.86%. The ex-dividend date of this dividend was Thursday, September 28th. Blue Capital Reinsurance Holdings’s dividend payout ratio is presently 65.57%.

A hedge fund recently raised its stake in Blue Capital Reinsurance Holdings stock. State Street Corp raised its holdings in shares of Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) by 10.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 108,446 shares of the insurance provider’s stock after purchasing an additional 10,130 shares during the period. State Street Corp owned 1.24% of Blue Capital Reinsurance Holdings worth $1,985,000 at the end of the most recent reporting period. 40.12% of the stock is owned by institutional investors.

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Several research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Blue Capital Reinsurance Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Raymond James Financial, Inc. reaffirmed an “underperform” rating on shares of Blue Capital Reinsurance Holdings in a research note on Friday, October 13th. ValuEngine raised shares of Blue Capital Reinsurance Holdings from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Deutsche Bank AG downgraded shares of Blue Capital Reinsurance Holdings from a “buy” rating to a “hold” rating and reduced their price target for the stock from $21.00 to $18.00 in a research note on Monday, October 16th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.00.

About Blue Capital Reinsurance Holdings

Blue Capital Reinsurance Holdings Ltd. provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd.

Earnings History for Blue Capital Reinsurance Holdings (NYSE:BCRH)

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