Infinity Property and Casualty (NASDAQ:IPCC) Given Media Impact Rating of 0.02

Press coverage about Infinity Property and Casualty (NASDAQ:IPCC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Infinity Property and Casualty earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 45.5125308790741 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Infinity Property and Casualty stock traded up $0.60 during midday trading on Thursday, hitting $118.40. The company’s stock had a trading volume of 111,429 shares, compared to its average volume of 137,373. The stock has a market cap of $1,280.54, a PE ratio of 28.82, a price-to-earnings-growth ratio of 2.19 and a beta of 0.60. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.38. Infinity Property and Casualty has a 1-year low of $83.00 and a 1-year high of $122.45.

Infinity Property and Casualty (NASDAQ:IPCC) last issued its earnings results on Tuesday, February 13th. The insurance provider reported $2.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.78. The business had revenue of $356.10 million during the quarter, compared to analysts’ expectations of $346.40 million. Infinity Property and Casualty had a return on equity of 7.57% and a net margin of 2.98%. analysts expect that Infinity Property and Casualty will post 5.95 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be given a $0.58 dividend. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $2.32 annualized dividend and a dividend yield of 1.96%. Infinity Property and Casualty’s dividend payout ratio (DPR) is presently 56.45%.

Several equities research analysts have recently weighed in on IPCC shares. Zacks Investment Research raised Infinity Property and Casualty from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective for the company in a research note on Friday, January 12th. BidaskClub lowered Infinity Property and Casualty from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Keefe, Bruyette & Woods set a $121.00 price objective on Infinity Property and Casualty and gave the stock a “hold” rating in a research note on Tuesday, February 13th. Finally, ValuEngine raised Infinity Property and Casualty from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $115.00.

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Infinity Property and Casualty 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 (NASDAQ:IPCC)

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