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

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$32.24 +0.32 (+1.00 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$32.24
Today's Range$31.32 - $32.25
52-Week Range$22.98 - $33.31
Volume17,969 shs
Average Volume88,853 shs
Market Capitalization$696.74 million
P/E Ratio26.43
Dividend Yield2.85%
Beta0.76
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.04
Current Ratio0.09
Quick Ratio0.09

Price-To-Earnings

Trailing P/E Ratio26.43
Forward P/E Ratio23.03
P/E GrowthN/A

Sales & Book Value

Annual Sales$652.29 million
Price / Sales1.07
Cash Flow$1.2111 per share
Price / Cash Flow26.62
Book Value$28.22 per share
Price / Book1.14

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$39.23 million
Net Margins5.84%
Return on Equity4.89%
Return on Assets1.70%

Miscellaneous

Employees2,375
Outstanding Shares21,610,000
Market Cap$696.74 million
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 declared a quarterly dividend on Tuesday, November 6th. Shareholders 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 2.85%. The ex-dividend date is Wednesday, November 14th. This is an increase 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 analysts' consensus estimates of $0.48. The insurance provider had revenue of $177.99 million for the quarter. EMC Insurance Group had a net margin of 5.84% and a return on equity of 4.89%. 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 Thursday, February 14th 2019. View Earnings Estimates for EMC Insurance Group.

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 Wednesday, November, 7th. The company provided earnings per share guidance of $1.30-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.27.

What price target have analysts set for EMCI?

2 equities research analysts have issued twelve-month target prices for EMC Insurance Group's stock. Their predictions range from $28.00 to $33.00. On average, they expect EMC Insurance Group's share price to reach $30.50 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. 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?

News articles about EMCI stock have trended somewhat positive on Sunday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EMC Insurance Group earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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)

Who are EMC Insurance Group's major shareholders?

EMC Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.37%), BlackRock Inc. (3.27%), Vanguard Group Inc (1.95%), Renaissance Technologies LLC (1.48%), Grace & White Inc. NY (0.99%) and Wells Fargo & Company MN (0.82%). 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 Wells Fargo & Company MN, Prudential Financial Inc. and JPMorgan Chase & 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.

Which major investors are buying EMC Insurance Group stock?

EMCI stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Grace & White Inc. NY, Renaissance Technologies LLC, Wedbush Securities Inc., Panagora Asset Management Inc., BlackRock Inc., Ramsey Quantitative Systems and Bank of New York Mellon Corp. 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 $32.24.

How big of a company is EMC Insurance Group?

EMC Insurance Group has a market capitalization of $696.74 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?

The official website for EMC Insurance Group is http://www.emcins.com.

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:  243 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  458
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 12/16/2018 by MarketBeat.com Staff

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