State Auto Financial (NASDAQ:STFC) released its quarterly earnings results on Thursday. The insurance provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.39), Bloomberg Earnings reports. State Auto Financial had a return on equity of 3.08% and a net margin of 6.20%. The firm had revenue of $343.00 million for the quarter, compared to the consensus estimate of $348.30 million. During the same quarter in the previous year, the business posted $0.67 EPS.
State Auto Financial stock opened at $30.19 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.05 and a current ratio of 0.05. State Auto Financial has a 52-week low of $28.10 and a 52-week high of $36.45. The firm has a 50 day moving average price of $30.88 and a two-hundred day moving average price of $31.91. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 15.40 and a beta of 0.34.
In other State Auto Financial news, VP Matthew Stanley Mrozek sold 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $31.26, for a total transaction of $115,662.00. Following the completion of the transaction, the vice president now owns 6,474 shares in the company, valued at approximately $202,377.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.83% of the stock is currently owned by company insiders.
State Auto Financial Company Profile
State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.
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