EMC 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.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone515-345-2902
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$652.29 million
Profitability
Miscellaneous
Employees2,375
OptionableOptionable
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 Tuesday, November 6th. Investors of record on Thursday, November 15th will be paid a dividend of $0.23 per share on Thursday, November 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Wednesday, November 14th. This is a positive change from EMC Insurance Group's previous quarterly dividend of $0.22. View EMC Insurance Group's Dividend History.
How were EMC Insurance Group's earnings last quarter?
EMC Insurance Group Inc. (NASDAQ:EMCI) posted its earnings results on Wednesday, November, 7th. The insurance provider reported $0.48 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.48. The insurance provider had revenue of $177.99 million for the quarter. EMC Insurance Group had a return on equity of 4.89% and a net margin of 5.84%. View EMC Insurance Group's Earnings History.
When is EMC Insurance Group's next earnings date?
What guidance has EMC Insurance Group issued on next quarter's earnings?
EMC Insurance Group issued an update on its FY 2018 earnings guidance on Friday, January, 18th. The company provided earnings per share guidance of $1.07-1.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42.
What price target have analysts set for EMCI?
2 analysts have issued 12 month price targets for EMC Insurance Group's stock. Their predictions range from $28.00 to $33.00. On average, they expect EMC Insurance Group's stock price to reach $30.50 in the next year. This suggests that the stock has a possible downside of 3.2%. 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EMC Insurance Group.
Has EMC Insurance Group been receiving favorable news coverage?
Media stories about EMCI stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. EMC Insurance Group earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the near term.
Who are some of EMC Insurance Group's key competitors?
Some companies that are related to EMC Insurance Group include National General (NGHC), Aspen Insurance (AHL), ProAssurance (PRA), Navigators Group (NAVG), Horace Mann Educators (HMN), State Auto Financial (STFC), Employers (EIG), Universal Insurance (UVE), United Fire Group (UFCS), Safety Insurance Group (SAFT), Kinsale Capital Group (KNSL), James River Group (JRVR), Amerisafe (AMSF), Third Point Reinsurance (TPRE) and BlackRock TCP Capital (TCPC).
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 65)
- Mr. Mark Edward Reese CPA, Sr. VP & CFO (Age 61)
- Mr. Michael Alan Lovell C.P.C.U., CPCU, Exec. VP of Operations (Age 56)
- Mr. Scott Ronald Jean FCAS, MAAA, Exec. VP of Fin. & Strategy (Age 47)
- Mr. Bradley John Fredericks M.B.A., FLMI, Sr. VP & Chief Investment Officer (Age 45)
Who are EMC Insurance Group's major shareholders?
EMC Insurance Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (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 institutional investors are selling EMC Insurance Group stock?
EMCI stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have sold EMC Insurance Group company stock in the last year include Elizabeth A Nigut and Lisa Anne Simonetta. 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 $31.50.
How big of a company is EMC Insurance Group?
EMC Insurance Group has a market capitalization of $682.92 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.
What is EMC Insurance Group's official website?
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)
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.
