-$3.46 EPS Expected for Aspen Insurance Holdings Limited (AHL) This Quarter

Wall Street brokerages expect that Aspen Insurance Holdings Limited (NYSE:AHL) will announce earnings of ($3.46) per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Aspen Insurance’s earnings. Aspen Insurance reported earnings of ($0.34) per share in the same quarter last year, which indicates a negative year-over-year growth rate of 917.6%. The company is scheduled to report its next earnings results after the market closes on Wednesday, February 7th.

On average, analysts expect that Aspen Insurance will report full-year earnings of ($6.90) per share for the current financial year. For the next year, analysts expect that the business will post earnings of $3.65 per share. Zacks’ EPS calculations are an average based on a survey of analysts that follow Aspen Insurance.

Aspen Insurance (NYSE:AHL) last issued its quarterly earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) EPS for the quarter, missing the consensus estimate of $0.89 by ($4.03). Aspen Insurance had a negative return on equity of 5.68% and a negative net margin of 6.00%. The company had revenue of $511.00 million for the quarter, compared to analyst estimates of $592.27 million. During the same period last year, the company posted ($0.34) EPS. The business’s revenue for the quarter was down 16.6% on a year-over-year basis.

Several research firms have issued reports on AHL. Zacks Investment Research downgraded shares of Aspen Insurance from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 27th. ValuEngine downgraded shares of Aspen Insurance from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Barclays decreased their price objective on shares of Aspen Insurance from $49.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, October 16th. Finally, UBS Group decreased their price objective on shares of Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, January 26th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $45.75.

Aspen Insurance (AHL) traded up $0.60 on Thursday, reaching $37.90. 437,932 shares of the company’s stock traded hands, compared to its average volume of 790,815. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.21. Aspen Insurance has a 12 month low of $35.05 and a 12 month high of $57.55. The stock has a market capitalization of $2,171.34, a P/E ratio of -10.94 and a beta of 0.59.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Friday, February 23rd will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.53%. Aspen Insurance’s dividend payout ratio (DPR) is -27.75%.

In other Aspen Insurance news, CEO Stephen Postlewhite sold 1,200 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $41.62, for a total transaction of $49,944.00. Following the transaction, the chief executive officer now directly owns 39,321 shares in the company, valued at approximately $1,636,540.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.34% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new stake in shares of Aspen Insurance in the fourth quarter worth approximately $174,000. Susquehanna International Group LLP acquired a new stake in Aspen Insurance during the second quarter worth $201,000. Quantitative Systematic Strategies LLC bought a new position in shares of Aspen Insurance during the third quarter valued at $204,000. CHICAGO TRUST Co NA bought a new position in shares of Aspen Insurance during the fourth quarter valued at $204,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Aspen Insurance by 17.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock valued at $216,000 after acquiring an additional 659 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

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Aspen Insurance Company Profile

Aspen Insurance Holdings Limited is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its business as two business segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). The reinsurance segment consists of property catastrophe reinsurance (including the business written through Aspen Capital Markets), other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (U.S.

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