State Auto Financial (NASDAQ:STFC) Issues Quarterly Earnings Results

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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.

Several research analysts have issued reports on STFC shares. TheStreet upgraded shares of State Auto Financial from a “c+” rating to a “b” rating in a report on Friday, November 29th. BidaskClub lowered shares of State Auto Financial from a “sell” rating to a “strong sell” rating in a report on Saturday, December 21st. Zacks Investment Research upgraded shares of State Auto Financial from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, ValuEngine upgraded shares of State Auto Financial from a “hold” rating to a “buy” rating in a report on Friday, November 1st.

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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Earnings History for State Auto Financial (NASDAQ:STFC)

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