Equities research analysts expect that Aspen Insurance Holdings Limited (NYSE:AHL) will report $1.01 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Aspen Insurance’s earnings. Aspen Insurance reported earnings per share of $0.79 during the same quarter last year, which suggests a positive year over year growth rate of 27.8%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Aspen Insurance will report full year earnings of $3.70 per share for the current year. For the next year, analysts anticipate that the firm will report earnings of $4.00 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for Aspen Insurance.
Aspen Insurance (NYSE:AHL) last released its earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($3.46) by $0.32. The firm had revenue of $511.00 million during the quarter, compared to analyst estimates of $592.27 million. Aspen Insurance had a negative return on equity of 11.61% and a negative net margin of 10.80%. Aspen Insurance’s revenue was down 16.6% compared to the same quarter last year. During the same period last year, the business posted ($0.34) earnings per share.
A number of institutional investors have recently bought and sold shares of AHL. State of Alaska Department of Revenue acquired a new stake in Aspen Insurance in the fourth quarter valued at $174,000. CHICAGO TRUST Co NA acquired a new stake in shares of Aspen Insurance during the fourth quarter worth about $204,000. First Interstate Bank acquired a new stake in shares of Aspen Insurance during the fourth quarter worth about $217,000. Xact Kapitalforvaltning AB acquired a new stake in shares of Aspen Insurance during the fourth quarter worth about $223,000. Finally, Cipher Capital LP acquired a new stake in shares of Aspen Insurance during the third quarter worth about $236,000. Institutional investors own 98.12% of the company’s stock.
Aspen Insurance (AHL) opened at $41.60 on Wednesday. The stock has a market capitalization of $2,444.38, a price-to-earnings ratio of -7.85 and a beta of 0.59. Aspen Insurance has a fifty-two week low of $34.80 and a fifty-two week high of $55.25. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.20.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Friday, February 23rd were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date was Thursday, February 22nd. Aspen Insurance’s dividend payout ratio is presently -18.11%.
About Aspen Insurance
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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