State Auto Financial Corporation (STFC) Set to Announce Earnings on Thursday
State Auto Financial Corporation (NASDAQ:STFC) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 2nd. Analysts expect State Auto Financial Corporation to post earnings of $0.24 per share for the quarter.
State Auto Financial Corporation (NASDAQ:STFC) last issued its quarterly earnings results on Tuesday, August 8th. The insurance provider reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.12. The business had revenue of $339.90 million during the quarter, compared to the consensus estimate of $341.30 million. State Auto Financial Corporation had a net margin of 3.33% and a return on equity of 1.46%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.69) EPS. On average, analysts expect State Auto Financial Corporation to post $-0.30 EPS for the current fiscal year and $1.28 EPS for the next fiscal year.
Shares of State Auto Financial Corporation (NASDAQ:STFC) opened at 25.36 on Thursday. The stock has a market cap of $1.07 billion, a P/E ratio of 22.87 and a beta of 0.86. The company has a 50 day moving average of $25.42 and a 200 day moving average of $25.33. State Auto Financial Corporation has a 12 month low of $19.54 and a 12 month high of $27.97.
The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 13th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend was Tuesday, September 12th. State Auto Financial Corporation’s payout ratio is currently 35.71%.
A number of research analysts have weighed in on the stock. BidaskClub raised shares of State Auto Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Zacks Investment Research raised shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $26.00 price target on shares of State Auto Financial Corporation in a research note on Friday, August 18th. Finally, ValuEngine raised shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $26.00.
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State Auto Financial Corporation Company Profile
State Auto Financial Corporation is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include Personal Insurance Segment, Commercial Insurance Segment and Specialty Insurance Segment. Its Personal Insurance Segment include personal auto, homeowners and other personal; Commercial Insurance Segment include commercial auto, small commercial package, middle market commercial, workers’ compensation and other commercial, and Specialty Insurance Segment include Excess & Surplus (E&S) property, E&S casualty and programs.
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