State Auto Financial Corporation (STFC) Given News Impact Rating of 0.05
Press coverage about State Auto Financial Corporation (NASDAQ:STFC) has trended somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. State Auto Financial Corporation earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 48.3138713262501 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
State Auto Financial Corporation (NASDAQ:STFC) traded up $0.37 on Friday, reaching $26.26. The company’s stock had a trading volume of 31,300 shares, compared to its average volume of 37,666. State Auto Financial Corporation has a 52 week low of $22.11 and a 52 week high of $27.97. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.08 and a current ratio of 0.08.
State Auto Financial Corporation (NASDAQ:STFC) last issued its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($0.54) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.46) by ($0.08). State Auto Financial Corporation had a negative return on equity of 1.53% and a net margin of 1.94%. The business had revenue of $358.40 million for the quarter, compared to analysts’ expectations of $342.70 million. During the same quarter in the previous year, the firm posted $0.10 EPS. State Auto Financial Corporation’s revenue was up 1.6% on a year-over-year basis. sell-side analysts predict that State Auto Financial Corporation will post -0.32 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 8th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.52%. State Auto Financial Corporation’s payout ratio is 63.49%.
Several research firms recently weighed in on STFC. Keefe, Bruyette & Woods restated a “hold” rating and issued a $26.00 price objective on shares of State Auto Financial Corporation in a report on Friday, August 18th. Zacks Investment Research upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Finally, ValuEngine upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. State Auto Financial Corporation has an average rating of “Hold” and an average price target of $26.00.
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.
Receive News & Ratings for State Auto Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Auto Financial Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.