Infinity Property and Casualty Corporation (NASDAQ:IPCC) is set to post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect Infinity Property and Casualty Corporation to post earnings of $0.12 per share for the quarter.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) last posted its earnings results on Thursday, August 3rd. The insurance provider reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.55). Infinity Property and Casualty Corporation had a net margin of 2.58% and a return on equity of 5.16%. The company had revenue of $323.80 million for the quarter, compared to the consensus estimate of $330.00 million. During the same quarter last year, the business earned $0.99 earnings per share. Infinity Property and Casualty Corporation’s quarterly revenue was down 3.9% on a year-over-year basis. On average, analysts expect Infinity Property and Casualty Corporation to post $3.15 EPS for the current fiscal year and $5.13 EPS for the next fiscal year.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) traded down 1.80% during trading on Monday, reaching $92.85. The company’s stock had a trading volume of 4,391 shares. Infinity Property and Casualty Corporation has a 52 week low of $73.80 and a 52 week high of $101.70. The company has a market cap of $1.02 billion, a P/E ratio of 25.72 and a beta of 0.85. The company’s 50 day moving average price is $92.62 and its 200 day moving average price is $94.21.

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Several research firms have weighed in on IPCC. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $94.00 price target on shares of Infinity Property and Casualty Corporation in a report on Thursday, September 21st. Zacks Investment Research cut shares of Infinity Property and Casualty Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. BidaskClub cut shares of Infinity Property and Casualty Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Raymond James Financial, Inc. raised shares of Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a report on Thursday, July 13th. Finally, UBS AG raised shares of Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating in a report on Thursday, July 13th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $99.50.

Infinity Property and Casualty Corporation Company Profile

Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

Earnings History for Infinity Property and Casualty Corporation (NASDAQ:IPCC)

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