Baldwin & Lyons, Inc. (NASDAQ:BWINB) issued its quarterly earnings data on Wednesday. The insurance provider reported ($0.96) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by $1.31, MarketWatch Earnings reports. Baldwin & Lyons had a return on equity of 2.03% and a net margin of 6.68%. The business had revenue of $77.41 million during the quarter.

Baldwin & Lyons (NASDAQ BWINB) traded down 3.20% during midday trading on Thursday, reaching $22.70. The company’s stock had a trading volume of 105,758 shares. The firm has a market cap of $342.86 million, a P/E ratio of 15.87 and a beta of 0.84. Baldwin & Lyons has a one year low of $22.60 and a one year high of $27.70. The firm has a 50 day moving average price of $24.08 and a 200 day moving average price of $24.12.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Tuesday, August 22nd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 4.76%. Baldwin & Lyons’s payout ratio is 75.00%.

ILLEGAL ACTIVITY WARNING: This report was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/baldwin-lyons-inc-nasdaqbwinb-posts-earnings-results-misses-expectations-by-1-31-eps/1469135.html.

Separately, BidaskClub downgraded Baldwin & Lyons from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th.

Baldwin & Lyons Company Profile

Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.

Earnings History for Baldwin & Lyons (NASDAQ:BWINB)

Receive News & Ratings for Baldwin & Lyons Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baldwin & Lyons Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.