Aspen Insurance (AHL) Receiving Somewhat Positive News Coverage, Study Shows
Media headlines about Aspen Insurance (NYSE:AHL) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aspen Insurance earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 46.6500151247113 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Aspen Appoints David Schick As Group COO (bernews.com)
- Aspen appoints Schick as COO (royalgazette.com)
- Aspen Appoints Schick from Maybank as Group Chief Operating Officer (insurancejournal.com)
- Aspen Insurance Holdings Names David Schick New Chief Operating Officer (seekingalpha.com)
- Aspen Insurance (AHL) Announces David Schick as Group COO (streetinsider.com)
Aspen Insurance (NYSE:AHL) opened at $41.05 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.21. Aspen Insurance has a 52-week low of $35.05 and a 52-week high of $57.80.
Aspen Insurance (NYSE:AHL) last released its earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($5.07) by $0.29. The company had revenue of $652.50 million for the quarter, compared to the consensus estimate of $626.56 million. Aspen Insurance had a negative return on equity of 5.68% and a negative net margin of 6.00%. Aspen Insurance’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.97 earnings per share. analysts anticipate that Aspen Insurance will post -3.2 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, November 28th. Investors of record on Friday, November 10th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.96 annualized dividend and a yield of 2.34%. Aspen Insurance’s dividend payout ratio (DPR) is presently -27.75%.
Several brokerages recently commented on AHL. Buckingham Research began coverage on Aspen Insurance in a report on Monday, September 11th. They issued a “buy” rating and a $44.00 price objective for the company. Zacks Investment Research raised Aspen Insurance from a “strong sell” rating to a “hold” rating in a report on Monday, October 30th. Barclays cut their price objective on Aspen Insurance from $49.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, October 16th. ValuEngine lowered Aspen Insurance from a “hold” rating to a “sell” rating in a report on Friday, October 13th. Finally, UBS lowered their target price on Aspen Insurance from $45.00 to $43.00 and set a “neutral” rating on the stock in a research report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Aspen Insurance currently has a consensus rating of “Hold” and an average price target of $46.75.
In related news, CEO Stephen Postlewhite sold 1,200 shares of Aspen Insurance stock in a transaction on Monday, November 13th. The stock was 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 $1,636,540.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.34% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Aspen Insurance Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Insurance Holdings Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.