State Auto Financial Corporation (NASDAQ:STFC) – Equities research analysts at Langen Mcalenn issued their Q3 2017 EPS estimates for shares of State Auto Financial Corporation in a research note issued to investors on Tuesday. Langen Mcalenn analyst L. Greenberg forecasts that the insurance provider will earn $0.20 per share for the quarter. Langen Mcalenn also issued estimates for State Auto Financial Corporation’s Q4 2017 earnings at $0.68 EPS.

Other analysts also recently issued research reports about the company. TheStreet downgraded State Auto Financial Corporation from a “b” rating to a “c+” rating in a research note on Monday, May 22nd. ValuEngine upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, BidaskClub upgraded State Auto Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock presently has an average rating of “Hold”.

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State Auto Financial Corporation (NASDAQ:STFC) opened at 24.39 on Thursday. The stock has a 50 day moving average price of $25.19 and a 200 day moving average price of $25.87. State Auto Financial Corporation has a 1-year low of $19.54 and a 1-year high of $27.97. The company has a market cap of $1.02 billion, a P/E ratio of 73.91 and a beta of 0.90.

State Auto Financial Corporation (NASDAQ:STFC) last posted its earnings results on Tuesday, August 8th. The insurance provider reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.12. State Auto Financial Corporation had a return on equity of 1.47% and a net margin of 3.33%. The company had revenue of $339.90 million for the quarter, compared to the consensus estimate of $341.30 million. During the same quarter in the prior year, the company earned ($0.69) earnings per share. State Auto Financial Corporation’s revenue was up 2.1% on a year-over-year basis.

In other news, insider Jessica Elizabeth Clark sold 9,841 shares of the business’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $24.38, for a total value of $239,923.58. Following the completion of the transaction, the insider now owns 12,072 shares of the company’s stock, valued at approximately $294,315.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last three months, insiders sold 65,569 shares of company stock valued at $1,606,555. Insiders own 1.54% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP bought a new position in shares of State Auto Financial Corporation during the first quarter valued at about $8,245,000. Norges Bank bought a new position in shares of State Auto Financial Corporation during the fourth quarter valued at about $5,765,000. Thrivent Financial For Lutherans boosted its position in shares of State Auto Financial Corporation by 149.8% in the first quarter. Thrivent Financial For Lutherans now owns 326,990 shares of the insurance provider’s stock valued at $8,976,000 after buying an additional 196,110 shares during the period. Deprince Race & Zollo Inc. boosted its position in shares of State Auto Financial Corporation by 38.1% in the second quarter. Deprince Race & Zollo Inc. now owns 373,787 shares of the insurance provider’s stock valued at $9,618,000 after buying an additional 103,164 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of State Auto Financial Corporation by 7.9% in the first quarter. Vanguard Group Inc. now owns 1,183,622 shares of the insurance provider’s stock valued at $32,490,000 after buying an additional 86,567 shares during the period. 32.46% of the stock is owned by institutional investors and hedge funds.

About State Auto Financial Corporation

State Auto Financial Corporation is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include Personal Insurance Segment, Commercial Insurance Segment and Specialty Insurance Segment. Its Personal Insurance Segment include personal auto, homeowners and other personal; Commercial Insurance Segment include commercial auto, small commercial package, middle market commercial, workers’ compensation and other commercial, and Specialty Insurance Segment include Excess & Surplus (E&S) property, E&S casualty and programs.

Earnings History and Estimates for State Auto Financial Corporation (NASDAQ:STFC)

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