Meadowbrook Insurance Group, Inc. (Meadowbrook) is a holding company. The Company is a commercial insurance underwriter and insurance administration services company. The Company markets and underwrites specialty property and casualty insurance programs and products through a network of independent retail agents, wholesalers, program administrators and general agents. The Company's products include Admitted Programs and Standard Market Products, Main Street Excess and Surplus Lines, Non-Admitted Programs, and Specialty Market Products. The Company is also involved in a range of activities, including program and product design, underwriting risk selection and policy issuance, claims administration and handling, loss prevention and control and reinsurance. The Company also provides the following services to its fee-for-service and agency clients: administration of risk-bearing entities and agency services.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Property & Casualty Insurance - NEC
- Sub-Industry: Property & Casualty Insurance
- Symbol: NYSE:MIG
- CUSIP: 58319P10
- Web: www.meadowbrookinsgrp.com/
- 50 Day Moving Avg: $8.55
- 200 Day Moving Avg: $8.39
- 52 Week Range: $5.66 - $8.65
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 12.34
- P/E Growth: 0.00
- Net Margins: 4.54%
- Return on Equity: 7.19%
- Return on Assets: 1.16%
- Average Volume: 353,744 shs.
Frequently Asked Questions for Meadowbrook Insurance Group (NYSE:MIG)
What is Meadowbrook Insurance Group's stock symbol?
Meadowbrook Insurance Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIG."
How were Meadowbrook Insurance Group's earnings last quarter?
Meadowbrook Insurance Group, Inc. (NYSE:MIG) announced its earnings results on Monday, March, 2nd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The business earned $176.27 million during the quarter. Meadowbrook Insurance Group had a return on equity of 7.19% and a net margin of 4.54%. View Meadowbrook Insurance Group's Earnings History.
Who are some of Meadowbrook Insurance Group's key competitors?
Some companies that are related to Meadowbrook Insurance Group include Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), The Travelers Companies (TRV), Allstate Corporation (The) (ALL), Loews Corporation (L), Markel Corporation (MKL), CNA Financial Corporation (CNA), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF), Alleghany Corporation (Y), American Financial Group (AFG), W.R. Berkley Corporation (WRB), RSA Insurance Group plc (RSA), Erie Indemnity Company (ERIE), Assured Guaranty (AGO), Old Republic International Corporation (ORI), First American Corporation (The) (FAF) and Direct Line Insurance Group PLC (DLG).
How do I buy Meadowbrook Insurance Group stock?
Shares of Meadowbrook 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.
What is Meadowbrook Insurance Group's stock price today?
MarketBeat Community Rating for Meadowbrook Insurance Group (NYSE MIG)MarketBeat's community ratings are surveys of what our community members think about Meadowbrook Insurance Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Meadowbrook Insurance Group stock can currently be purchased for approximately $8.64.
Consensus Ratings for Meadowbrook Insurance Group (NYSE:MIG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Meadowbrook Insurance Group (NYSE:MIG)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Meadowbrook Insurance Group (NYSE:MIG)Earnings History by Quarter for Meadowbrook Insurance Group (NYSE MIG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/2/2015||Q4 2014||$0.11||$0.13||$176.27 million||View||N/A|
|11/5/2014||Q314||$0.09||$0.06||$179.00 million||$187.80 million||View||N/A|
|8/5/2014||Q214||$0.10||$0.07||$181.43 million||$187.93 million||View||N/A|
|5/6/2014||Q114||$0.10||$0.17||$188.75 million||$188.90 million||View||N/A|
|2/18/2014||Q413||$0.12||($0.30)||$171.33 million||$192.74 million||View||N/A|
|7/30/2013||Q2 2013||$0.14||($0.23)||$198.49 million||$198.96 million||View||N/A|
|4/30/2013||Q1 2013||$0.13||$0.14||$207.97 million||$191.67 million||View||N/A|
Earnings Estimates for Meadowbrook Insurance Group (NYSE:MIG)
Current Year EPS Consensus Estimate: $0.54 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
Current Dividend Information for Meadowbrook Insurance Group (NYSE:MIG)
|Most Recent Dividend:||6/1/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Meadowbrook Insurance Group (NYSE MIG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Meadowbrook Insurance Group (NYSE:MIG)Insider Trades by Quarter for Meadowbrook Insurance Group (NYSE:MIG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/3/2013||Karen M Spaun||CFO||Buy||1,500||$8.06||$12,090.00|| |
|5/3/2013||Robert W Sturgis||Director||Buy||1,300||$7.95||$10,335.00|| |
|2/19/2013||Michael G Costello||SVP||Buy||7,115||$6.87||$48,880.05|| |
|2/15/2013||David K Page||Director||Buy||10,000||$6.50||$65,000.00|| |
|2/14/2013||Karen M Spaun||CFO||Buy||2,000||$6.47||$12,940.00|| |
|2/14/2013||Robert S Cubbin||CEO||Buy||10,000||$6.35||$63,500.00|| |
|8/28/2012||Robert H Naftaly||Director||Buy||5,000||$7.41||$37,050.00|| |
Headline Trends for Meadowbrook Insurance Group (NYSE:MIG)
Latest Headlines for Meadowbrook Insurance Group (NYSE:MIG)
Meadowbrook Insurance Group (MIG) Chart for Thursday, July, 27, 2017