Media headlines about State Auto Financial (NASDAQ:STFC) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog 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. State Auto Financial earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 47.6660088818683 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
State Auto Financial (STFC) traded down $0.23 during trading hours on Wednesday, hitting $29.48. The company had a trading volume of 32,523 shares, compared to its average volume of 36,982. State Auto Financial has a fifty-two week low of $22.11 and a fifty-two week high of $30.85. The firm has a market capitalization of $1,271.52, a PE ratio of -114.84 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.07 and a current ratio of 0.07.
State Auto Financial (NASDAQ:STFC) last announced its quarterly earnings data on Tuesday, February 20th. The insurance provider reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.07). State Auto Financial had a negative net margin of 0.75% and a negative return on equity of 1.85%. The firm had revenue of $362.90 million for the quarter, compared to analyst estimates of $289.70 million. During the same quarter in the previous year, the company earned $0.46 EPS. The company’s quarterly revenue was down .5% compared to the same quarter last year. equities research analysts expect that State Auto Financial will post 1.45 EPS for the current fiscal year.
Several research firms have weighed in on STFC. BidaskClub raised State Auto Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th. Zacks Investment Research raised State Auto Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. State Auto Financial currently has a consensus rating of “Hold” and a consensus target price of $29.50.
In related news, insider Melissa A. Centers sold 1,067 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $27.62, for a total value of $29,470.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kim Burton Garland acquired 9,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was acquired at an average cost of $28.47 per share, with a total value of $256,230.00. The disclosure for this purchase can be found here. Insiders have sold 12,691 shares of company stock valued at $352,777 over the last ninety days. Corporate insiders own 1.54% of the company’s stock.
State Auto Financial Company Profile
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.
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