Media coverage about Infinity Property and Casualty Corporation (NASDAQ:IPCC) has trended somewhat negative on Monday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Infinity Property and Casualty Corporation earned a media sentiment score of -0.16 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 45.6593079287071 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Infinity Property and Casualty Corporation (NASDAQ IPCC) traded down 1.58% during mid-day trading on Monday, hitting $93.25. The company had a trading volume of 29,193 shares. The firm has a market capitalization of $1.03 billion, a P/E ratio of 25.83 and a beta of 0.86. Infinity Property and Casualty Corporation has a 12 month low of $73.80 and a 12 month high of $101.70. The company has a 50-day moving average price of $91.93 and a 200 day moving average price of $94.22.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) last posted its quarterly earnings data on Thursday, August 3rd. The insurance provider reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.55). Infinity Property and Casualty Corporation had a return on equity of 5.16% and a net margin of 2.58%. The firm had revenue of $323.80 million for the quarter, compared to analysts’ expectations of $330.00 million. During the same quarter last year, the firm posted $0.99 earnings per share. Infinity Property and Casualty Corporation’s quarterly revenue was down 3.9% on a year-over-year basis. Equities analysts forecast that Infinity Property and Casualty Corporation will post $2.69 EPS for the current fiscal year.

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

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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.

Insider Buying and Selling by Quarter for Infinity Property and Casualty Corporation (NASDAQ:IPCC)

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