State Auto Financial Corporation (NASDAQ:STFC) declared a quarterly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Friday, December 8th will be given a dividend of 0.10 per share by the insurance provider on Friday, December 29th. This represents a $0.40 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, December 7th.
State Auto Financial Corporation (NASDAQ STFC) opened at $25.40 on Tuesday. State Auto Financial Corporation has a 12-month low of $22.11 and a 12-month high of $27.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.08 and a quick ratio of 0.08.
State Auto Financial Corporation (NASDAQ:STFC) last released its earnings results on Thursday, November 2nd. The insurance provider reported ($0.54) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.46) by ($0.08). State Auto Financial Corporation had a negative return on equity of 1.53% and a net margin of 1.94%. The business had revenue of $358.40 million for the quarter, compared to analysts’ expectations of $342.70 million. During the same quarter last year, the company posted $0.10 earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. sell-side analysts anticipate that State Auto Financial Corporation will post -0.32 earnings per share for the current year.
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Several research firms recently weighed in on STFC. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $26.00 target price on shares of State Auto Financial Corporation in a research report on Friday, August 18th. ValuEngine upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Finally, Zacks Investment Research upgraded State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $26.00.
About State Auto Financial Corporation
State Auto Financial Corporation is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include Personal Insurance Segment, Commercial Insurance Segment and Specialty Insurance Segment. Its Personal Insurance Segment include personal auto, homeowners and other personal; Commercial Insurance Segment include commercial auto, small commercial package, middle market commercial, workers’ compensation and other commercial, and Specialty Insurance Segment include Excess & Surplus (E&S) property, E&S casualty and programs.
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