EMC Insurance Group Company Profile (NASDAQ:EMCI)

About EMC Insurance Group (NASDAQ:EMCI)

EMC Insurance Group logoEMC Insurance Group Inc. is an insurance holding company. The Company operates through two segments: Property and Casualty Insurance and Reinsurance segment. It conducts its property and casualty insurance operations through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance operations through its subsidiary, EMC Reinsurance Company. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company offered its insurance products in 41 states, as of December 31, 2016. The Company is owned by Employers Mutual Casualty Company (Employers Mutual), a multiple-line property and casualty insurance company. The Company's insurance agency, EMC Underwriters, LLC (EMC Underwriters), specializes in marketing excess and surplus lines of insurance.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Symbol: NASDAQ:EMCI
  • CUSIP: 26866410
  • Web: www.emcins.com
Capitalization:
  • Market Cap: $564.64 million
  • Outstanding Shares: 21,259,000
Average Prices:
  • 50 Day Moving Avg: $27.51
  • 200 Day Moving Avg: $28.33
  • 52 Week Range: $23.44 - $31.47
P/E:
  • Trailing P/E Ratio: 14.62
  • Foreward P/E Ratio: 17.36
  • P/E Growth: 3.85
Sales & Book Value:
  • Annual Revenue: $645.64 million
  • Price / Sales: 0.87
  • Book Value: $26.57 per share
  • Price / Book: 1.00
Dividend:
  • Annual Dividend: $0.84
  • Dividend Yield: 3.2%
Profitability:
  • Net Margins: 7.21%
  • Return on Equity: 7.47%
  • Return on Assets: 2.60%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 0.10%
  • Quick Ratio: 0.10%
Misc:
  • Average Volume: 22,611 shs.
  • Beta: 0.79
  • Short Ratio: 2.06
 

Frequently Asked Questions for EMC Insurance Group (NASDAQ:EMCI)

What is EMC Insurance Group's stock symbol?

EMC Insurance Group trades on the NASDAQ under the ticker symbol "EMCI."

How often does EMC Insurance Group pay dividends? What is the dividend yield for EMC Insurance Group?

EMC Insurance Group declared a quarterly dividend on Friday, March 3rd. Stockholders of record on Tuesday, March 14th will be paid a dividend of $0.21 per share on Tuesday, March 21st. This represents a $0.84 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Friday, March 10th. View EMC Insurance Group's Dividend History.

How were EMC Insurance Group's earnings last quarter?

EMC Insurance Group Inc. (NASDAQ:EMCI) posted its quarterly earnings data on Friday, May, 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.22. The company had revenue of $155.08 million for the quarter. EMC Insurance Group had a net margin of 7.21% and a return on equity of 7.47%. View EMC Insurance Group's Earnings History.

Who are some of EMC Insurance Group's key competitors?

Who owns EMC Insurance Group stock?

EMC Insurance Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.35%), Vanguard Group Inc. (1.95%), Renaissance Technologies LLC (1.07%), Grace & White Inc. NY (0.85%), Wells Fargo & Company MN (0.85%) and Ameriprise Financial Inc. (0.82%). Company insiders that own EMC Insurance Group stock include Elizabeth A Nigut, Lisa Anne Simonetta, Mark E Reese, Michael Alan Lovell, Robert Lynn Link and Ronald Allan Paine. View Institutional Ownership Trends for EMC Insurance Group.

Who sold EMC Insurance Group stock? Who is selling EMC Insurance Group stock?

EMC Insurance Group's stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Morgan Stanley, Kennedy Capital Management Inc., Menta Capital LLC, Grace & White Inc. NY, JPMorgan Chase & Co., Ameriprise Financial Inc. and Russell Investments Group Ltd.. Company insiders that have sold EMC Insurance Group stock in the last year include Elizabeth A Nigut, Lisa Anne Simonetta, Mark E Reese, Michael Alan Lovell, Robert Lynn Link and Ronald Allan Paine. View Insider Buying and Selling for EMC Insurance Group.

Who bought EMC Insurance Group stock? Who is buying EMC Insurance Group stock?

EMC Insurance Group's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Martingale Asset Management L P, Dimensional Fund Advisors LP, Wells Fargo & Company MN, Dalton Greiner Hartman Maher & Co. and Geode Capital Management LLC. View Insider Buying and Selling for EMC Insurance Group.

How do I buy EMC Insurance Group stock?

Shares of EMC Insurance Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of EMC Insurance Group stock cost?

One share of EMC Insurance Group stock can currently be purchased for approximately $26.56.

Analyst Ratings

Consensus Ratings for EMC Insurance Group (NASDAQ:EMCI) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for EMC Insurance Group (NASDAQ:EMCI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/22/2016Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
10/20/2015Keefe, Bruyette & WoodsInitiated CoverageMarket Perform$27.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for EMC Insurance Group (NASDAQ:EMCI)
Earnings by Quarter for EMC Insurance Group (NASDAQ:EMCI)
Earnings History by Quarter for EMC Insurance Group (NASDAQ:EMCI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/5/2017Q1 2017$0.56$0.34$155.08 millionViewN/AView Earnings Details
2/10/2017Q416$0.85$0.86$160.08 million$163.68 millionViewN/AView Earnings Details
11/4/2016Q3 2016$0.23$0.23$158.60 million$163.57 millionViewN/AView Earnings Details
8/9/2016Q2$0.21$0.24$157.90 million$120.50 millionViewN/AView Earnings Details
5/6/2016Q116$0.59$0.74$158.92 million$119.35 millionViewN/AView Earnings Details
2/12/2016Q4$0.65$0.65$152.88 millionViewListenView Earnings Details
11/6/2015Q315$0.18$0.31$156.08 million$122.09 millionViewN/AView Earnings Details
8/6/2015Q215$0.23$0.32$152.34 million$119.60 millionViewN/AView Earnings Details
5/7/2015Q115$0.87$1.45$151.30 million$151.60 millionViewN/AView Earnings Details
2/13/2015Q414$0.83$1.14$156.63 million$148.71 millionViewN/AView Earnings Details
11/7/2014Q314$0.13$0.18$149.50 million$150.02 millionViewN/AView Earnings Details
8/7/2014Q2($0.02)($0.03)$145.21 millionViewN/AView Earnings Details
7/21/2014Q214$0.31($0.02)ViewN/AView Earnings Details
5/8/2014Q114$0.90$0.73$140.92 million$145.14 millionViewN/AView Earnings Details
2/20/2014Q413$1.18$1.20$133.70 millionViewN/AView Earnings Details
11/7/2013Q313$0.62$0.50$130.12 million$107.96 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.30$0.47$125.37 million$127.20 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.96$0.97$121.69 million$120.50 millionViewN/AView Earnings Details
11/6/2012Q312$0.66$0.65$119.31 millionViewN/AView Earnings Details
8/7/2012($0.09)($0.14)ViewN/AView Earnings Details
5/8/2012$1.04$1.04ViewN/AView Earnings Details
2/21/2012$0.54$0.58ViewN/AView Earnings Details
11/8/2011($0.14)($0.14)ViewN/AView Earnings Details
8/9/2011($0.31)($1.05)ViewN/AView Earnings Details
5/10/2011($0.02)($0.01)ViewN/AView Earnings Details
2/24/2011$0.70$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EMC Insurance Group (NASDAQ:EMCI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.32$0.32$0.32
Q2 20171$0.58$0.58$0.58
Q3 20171$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for EMC Insurance Group (NASDAQ:EMCI)
Most Recent Dividend:3/21/2017
Annual Dividend:$0.84
Dividend Yield:3.16%
Payout Ratio:38.18% (Trailing 12 Months of Earnings)
60.00% (Based on This Year's Estimates)
54.90% (Based on Next Year's Estimates)
Dividend Payments by Quarter for EMC Insurance Group (NASDAQ:EMCI)

Dividend History by Quarter for EMC Insurance Group (NASDAQ:EMCI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/3/2017quarterly$0.213.02%3/10/20173/14/20173/21/2017
11/3/2016quarterly$0.213.43%11/10/201611/15/201611/22/2016
8/19/2016quarterly$0.192.74%8/26/20168/30/20169/6/2016
5/19/2016quarterly$0.192.93%5/26/20165/31/20166/7/2016
3/3/2016quarterly$0.193.07%3/11/20163/15/20163/22/2016
11/9/2015quarterly$0.192.98%11/13/201511/17/201512/24/2015
11/4/2015Quarterly$0.1911/13/201511/17/201511/24/2015
8/27/2015quarterly$0.172.93%9/3/20159/8/20159/15/2015
5/14/2015quarterly$0.252.9%5/21/20155/26/20156/2/2015
3/3/2015quarterly$0.253.25%3/11/20153/13/20153/20/2015
11/5/2014quarterly$0.253.09%11/14/201411/18/201411/25/2014
8/28/2014quarterly$0.233%9/5/20149/9/20149/16/2014
5/22/2014quarterly$0.232.85%5/30/20146/3/20146/10/2014
3/3/2014quarterly$0.232.9%3/12/20143/14/20143/21/2014
11/15/2013quarterly$0.233.2%11/21/201311/25/201312/3/2013
8/29/2013quarterly$0.213.01%9/6/20139/10/20139/17/2013
5/23/2013quarterly$0.212.98%5/31/20136/4/20136/11/2013
3/4/2013quarterly$0.213.26%3/12/20133/14/20133/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for EMC Insurance Group (NASDAQ:EMCI)
Insider Ownership Percentage: 4.46%
Institutional Ownership Percentage: 28.20%
Insider Trades by Quarter for EMC Insurance Group (NASDAQ:EMCI)
Institutional Ownership by Quarter for EMC Insurance Group (NASDAQ:EMCI)
Insider Trades by Quarter for EMC Insurance Group (NASDAQ:EMCI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Elizabeth A NigutInsiderSell142$28.05$3,983.10View SEC Filing  
3/6/2017Michael Alan LovellInsiderSell563$27.80$15,651.40View SEC Filing  
2/16/2017Elizabeth A NigutInsiderSell2,687$28.65$76,982.55View SEC Filing  
12/7/2016Robert Lynn LinkVPSell2,500$28.22$70,550.00View SEC Filing  
11/30/2016Lisa Anne SimonettaInsiderSell1,431$27.97$40,025.07View SEC Filing  
11/29/2016Mark E ReeseInsiderSell1,115$28.35$31,610.25View SEC Filing  
11/22/2016Mark E ReeseInsiderSell182$28.00$5,096.00View SEC Filing  
9/6/2016Mark E ReeseInsiderSell1,000$28.08$28,080.00View SEC Filing  
9/1/2016Ronald Allan PaineInsiderSell373$27.84$10,384.32View SEC Filing  
8/30/2016Ronald Allan PaineInsiderSell601$28.00$16,828.00View SEC Filing  
8/29/2016Ronald Allan PaineInsiderSell3,526$28.00$98,728.00View SEC Filing  
6/14/2016Elizabeth A NigutSVPSell1,355$26.77$36,273.35View SEC Filing  
6/8/2016Lisa Anne SimonettaSVPSell1,242$26.49$32,900.58View SEC Filing  
6/3/2016Mark E ReeseCFOSell339$26.90$9,119.10View SEC Filing  
5/24/2016Mark E ReeseCFOSell500$27.00$13,500.00View SEC Filing  
5/16/2016Ronald Allan PaineSVPSell1,108$26.95$29,860.60View SEC Filing  
5/11/2016Mark E ReeseCFOSell100$27.50$2,750.00View SEC Filing  
5/11/2016Ronald Allan PaineSVPSell643$27.25$17,521.75View SEC Filing  
5/10/2016Ronald Allan PaineSVPSell1,007$27.23$27,420.61View SEC Filing  
12/16/2015Lisa Anne SimonettaSVPSell930$26.17$24,338.10View SEC Filing  
12/15/2015Elizabeth A. NigutSVPSell69$25.72$1,774.68View SEC Filing  
12/14/2015Michael Alan LovellSVPSell563$25.67$14,452.21View SEC Filing  
12/4/2015Michael Alan LovellSVPSell371$25.53$9,471.63View SEC Filing  
5/20/2015Mark E ReeseCFOSell1,050$34.70$36,435.00View SEC Filing  
3/11/2014Ronald Allan PaineSVPSell1,100$32.30$35,530.00View SEC Filing  
5/30/2013Michael Alan LovellVPSell2,262$28.64$64,783.68View SEC Filing  
5/13/2013William A MurrayDirectorSell1,500$27.43$41,145.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for EMC Insurance Group (NASDAQ:EMCI)
Latest Headlines for EMC Insurance Group (NASDAQ:EMCI)
Source:
DateHeadline
seekingalpha.com logoEMC Insurance Group (EMCI) 2017 East Coast IDEAS Investor Conference - Slideshow
seekingalpha.com - May 23 at 12:15 PM
finance.yahoo.com logoEMC Insurance Group, Inc. :EMCI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 4:44 PM
finance.yahoo.com logoIowa Insurance Companies to Host Des Moines Insurance Conference June 22
finance.yahoo.com - May 15 at 4:41 PM
americanbankingnews.com logoEMC Insurance Group Inc. (EMCI) Posts Earnings Results
www.americanbankingnews.com - May 8 at 3:18 PM
News IconBRIEF-EMC Insurance reports Q1 earnings per share of $0.32
www.businessinsider.com - May 6 at 5:06 PM
seekingalpha.com logoEMC Insurance's (EMCI) CEO Bruce Kelley on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 5:06 PM
nasdaq.com logoEMC Insurance Group Inc. Reports 2017 First Quarter Results, and Announces a ...
www.nasdaq.com - May 6 at 5:06 PM
finance.yahoo.com logoEdited Transcript of EMCI earnings conference call or presentation 5-May-17 4:00pm GMT
finance.yahoo.com - May 6 at 10:43 AM
finance.yahoo.com logoEMC Insurance Group Inc. Reports 2017 First Quarter Results, and Announces a Presentation by Management at the 2017 East Coast IDEAS Investor Conference
finance.yahoo.com - May 5 at 5:10 PM
finance.yahoo.com logoCORRECTION -- EMC Insurance Group Inc. Reports 2017 First Quarter Results, and Announces a Presentation by Management at the 2017 East Coast IDEAS Investor Conference
finance.yahoo.com - May 5 at 5:10 PM
finance.yahoo.com logoEMC Insurance Group, Inc. breached its 50 day moving average in a Bearish Manner : EMCI-US : May 5, 2017
finance.yahoo.com - May 5 at 5:10 PM
finance.yahoo.com logoInvestor Network: EMC Insurance Group Inc. to Host Earnings Call
finance.yahoo.com - May 5 at 5:10 PM
marketbeat.com logoEMC Insurance Group posts 1Q profit
marketbeat.com - May 5 at 6:54 AM
americanbankingnews.com logoEMC Insurance Group Inc. (EMCI) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 8:10 AM
americanbankingnews.com logoEMC Insurance Group (EMCI) Receives News Impact Score of 0.26
www.americanbankingnews.com - May 1 at 10:19 AM
finance.yahoo.com logoEMC Insurance Group, Inc. breached its 50 day moving average in a Bullish Manner : EMCI-US : April 24, 2017
finance.yahoo.com - April 24 at 8:25 AM
americanbankingnews.com logoEMC Insurance Group (EMCI) Earning Very Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 16 at 8:10 AM
finance.yahoo.com logoEMC Insurance Group Inc. Announces 2017 First Quarter Earnings Call and Access Information
finance.yahoo.com - April 10 at 4:45 PM
americanbankingnews.com logoEMC Insurance Group Inc. (EMCI) Insider Sells $15,651.40 in Stock
www.americanbankingnews.com - March 8 at 12:35 PM
biz.yahoo.com logoEMC INSURANCE GROUP INC Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 7 at 9:51 PM
feeds.benzinga.com logoEMC Insurance Group Inc. Declares Quarterly Cash Dividend
feeds.benzinga.com - March 2 at 3:42 PM
finance.yahoo.com logoEdited Transcript of EMCI earnings conference call or presentation 10-Feb-17 5:00pm GMT
finance.yahoo.com - February 11 at 3:30 AM
streetinsider.com logoForm 4 EMC INSURANCE GROUP INC For: Feb 09 Filed by: Freese Vicki L
www.streetinsider.com - February 10 at 10:30 PM
us.rd.yahoo.com logoEMC Insurance Group Inc. Reports 2016 Fourth Quarter and Year-End Results, and Announces 2017 Non-GAAP Operating Income Guidance and Participation by Management at Industry Conferences
us.rd.yahoo.com - February 10 at 5:29 PM
baystreet.ca logoEMC Insurance (EMCI) Gains Before Earnings
www.baystreet.ca - February 10 at 5:29 PM
nasdaq.com logoEMC Insurance Group Inc. Reports 2016 Fourth Quarter and Year-End Results, and ...
www.nasdaq.com - February 10 at 5:29 PM
sg.finance.yahoo.com logoEMC Insurance Group posts 4Q profit
us.rd.yahoo.com - February 10 at 5:29 PM
biz.yahoo.com logoQ4 2016 EMC Insurance Group Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 10 at 5:29 PM
finance.yahoo.com logoEMC Insurance Group Inc. Announces an Increase in 2016 Guidance
finance.yahoo.com - January 27 at 6:38 PM
biz.yahoo.com logoEMC INSURANCE GROUP INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 27 at 6:38 PM
nasdaq.com logoEMC Insurance Group Inc. Announces 2016 Fourth Quarter and Year-End Earnings Call and Access Information
www.nasdaq.com - January 11 at 5:32 PM
finance.yahoo.com logoEMC INSURANCE GROUP INC Financials
finance.yahoo.com - November 10 at 1:34 PM
finance.yahoo.com logoEdited Transcript of EMCI earnings conference call or presentation 4-Nov-16 4:00pm GMT
finance.yahoo.com - November 5 at 12:22 PM
reuters.com logoBRIEF-EMC Insurance Group Q3 earnings per share $0.20
www.reuters.com - November 4 at 3:43 PM
finance.yahoo.com logoEMC Insurance Group posts 3Q profit
finance.yahoo.com - November 4 at 3:43 PM
streetinsider.com logoEMC Insurance Group (EMCI) Raises Quarterly Dividend 10.5% to $0.21; 3.6% Yield
www.streetinsider.com - November 2 at 11:05 PM
nasdaq.com logoRSI Alert: EMC Insurance Group Now Oversold
www.nasdaq.com - October 28 at 9:40 PM
streetinsider.com logoEMC Insurance Group (EMCI) Declares $0.19 Quarterly Dividend; 2.7% Yield
www.streetinsider.com - August 18 at 4:50 PM
biz.yahoo.com logoEMC INSURANCE GROUP INC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - August 18 at 4:50 PM
reuters.com logoBRIEF-EMC Insurance Group Q2 net income per share $0.29
www.reuters.com - August 10 at 12:05 PM
seekingalpha.com logoEMC Insurance Group's (EMCI) CEO Bruce Kelley on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 12:05 PM
cnbc.com logoEMC Insurance Group posts 2Q profit
www.cnbc.com - August 10 at 12:05 PM
finance.yahoo.com logoEdited Transcript of EMCI earnings conference call or presentation 9-Aug-16 4:00pm GMT
finance.yahoo.com - August 10 at 12:05 PM
finance.yahoo.com logoEMC Insurance Group Inc. Reports 2016 Second Quarter and Six Month Results
finance.yahoo.com - August 9 at 7:28 AM
biz.yahoo.com logoQ2 2016 EMC Insurance Group Inc Earnings Release - Before Market Open
biz.yahoo.com - August 9 at 7:28 AM

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Chart

EMC Insurance Group (EMCI) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff