NASDAQ:EMCI - EMC Insurance Group Stock Price, News, & Analysis

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$24.87 +0.36 (+1.47 %)
(As of 09/20/2018 12:12 PM ET)
Previous Close$24.87
Today's Range$24.87 - $24.87
52-Week Range$24.51 - $32.19
Volume93 shs
Average Volume9,136 shs
Market Capitalization$528.53 million
P/E Ratio20.29
Dividend Yield3.59%
Beta0.76
EMC Insurance Group logoEMC Insurance Group Inc., an insurance holding company, provides property and casualty insurance, and reinsurance products in the United States. It operates through two segments, Property and Casualty Insurance, and Reinsurance. The Property and Casualty Insurance segment underwrites commercial and personal lines of insurance products. Its commercial lines of insurance products comprise automobile, property, workers' compensation, and liability, as well as other products that provide protection with respect to burglary and theft loss, aircraft, marine, and other types of losses; and personal lines of insurance products include automobile, homeowners, and umbrella policies. The Reinsurance segment provides reinsurance for other insurers and reinsurers. EMC Insurance Group Inc. offers its products to small and medium-sized businesses, institutions, and individual consumers through independent insurance agents. The company was founded in 1974 and is based in Des Moines, Iowa. EMC Insurance Group Inc. is a subsidiary of Employers Mutual Casualty Company.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNASDAQ:EMCI
CUSIP26866410
Phone515-345-2902

Debt

Debt-to-Equity Ratio0.05
Current Ratio0.09
Quick Ratio0.09

Price-To-Earnings

Trailing P/E Ratio20.29
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$652.29 million
Price / Sales0.82
Cash Flow$1.2288 per share
Price / Cash20.24
Book Value$28.22 per share
Price / Book0.88

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$39.23 million
Net Margins3.23%
Return on Equity3.30%
Return on Assets1.15%

Miscellaneous

Employees2,375
Outstanding Shares21,560,000
Market Cap$528.53 million

EMC Insurance Group (NASDAQ:EMCI) Frequently Asked Questions

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 announced a quarterly dividend on Friday, August 24th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $0.22 per share on Tuesday, September 11th. This represents a $0.88 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Friday, August 31st. View EMC Insurance Group's Dividend History.

How were EMC Insurance Group's earnings last quarter?

EMC Insurance Group Inc. (NASDAQ:EMCI) released its earnings results on Tuesday, August, 7th. The insurance provider reported ($0.02) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.02). The insurance provider had revenue of $172.50 million for the quarter. EMC Insurance Group had a net margin of 3.23% and a return on equity of 3.30%. View EMC Insurance Group's Earnings History.

When is EMC Insurance Group's next earnings date?

EMC Insurance Group is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for EMC Insurance Group.

What price target have analysts set for EMCI?

2 equities research analysts have issued 1-year price objectives for EMC Insurance Group's shares. Their forecasts range from $28.00 to $33.00. On average, they expect EMC Insurance Group's stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for EMC Insurance Group.

What is the consensus analysts' recommendation for EMC Insurance Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMC Insurance Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for EMC Insurance Group.

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

Who are EMC Insurance Group's key executives?

EMC Insurance Group's management team includes the folowing people:
  • Mr. Bruce Gunn Kelley CPCU, J.D., CLU, Pres, CEO, Treasurer & Director (Age 64)
  • Mr. Mark Edward Reese CPA, Sr. VP & CFO (Age 60)
  • Mr. Michael Alan Lovell C.P.C.U., CPCU, Exec. VP of Operations (Age 55)
  • Mr. Scott Ronald Jean FCAS, MAAA, Exec. VP of Fin. & Strategy (Age 46)
  • Mr. Bradley John Fredericks M.B.A., FLMI, Sr. VP & Chief Investment Officer (Age 44)

Has EMC Insurance Group been receiving favorable news coverage?

News articles about EMCI stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EMC Insurance Group earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the insurance provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for EMC Insurance Group.

Who are EMC Insurance Group's major shareholders?

EMC Insurance Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.32%), BlackRock Inc. (3.26%), Northern Trust Corp (1.88%), Renaissance Technologies LLC (1.43%), Dalton Greiner Hartman Maher & Co. (0.94%) and Grace & White Inc. NY (0.93%). Company insiders that own EMC Insurance Group stock include Bruce G Kelley, 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.

Which major investors are selling EMC Insurance Group stock?

EMCI stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP and American Century Companies Inc.. Company insiders that have sold EMC Insurance Group company stock in the last year include Bruce G Kelley, Elizabeth A Nigut, Lisa Anne Simonetta, Mark E Reese, Robert Lynn Link and Ronald Allan Paine. View Insider Buying and Selling for EMC Insurance Group.

Which major investors are buying EMC Insurance Group stock?

EMCI stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., BlackRock Inc., Grace & White Inc. NY, Schwab Charles Investment Management Inc., Baird Financial Group Inc., Renaissance Technologies LLC, Northern Trust Corp and California Public Employees Retirement System. View Insider Buying and Selling for EMC Insurance Group.

How do I buy shares of EMC Insurance Group?

Shares of EMCI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is EMC Insurance Group's stock price today?

One share of EMCI stock can currently be purchased for approximately $24.87.

How big of a company is EMC Insurance Group?

EMC Insurance Group has a market capitalization of $528.53 million and generates $652.29 million in revenue each year. The insurance provider earns $39.23 million in net income (profit) each year or $1.22 on an earnings per share basis. EMC Insurance Group employs 2,375 workers across the globe.

How can I contact EMC Insurance Group?

EMC Insurance Group's mailing address is 717 MULBERRY ST, DES MOINES IA, 50309. The insurance provider can be reached via phone at 515-345-2902.


MarketBeat Community Rating for EMC Insurance Group (NASDAQ EMCI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  429
MarketBeat's community ratings are surveys of what our community members think about EMC Insurance Group and other stocks. Vote "Outperform" if you believe EMCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EMCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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