Somewhat Critical Media Coverage Somewhat Unlikely to Impact Infinity Property and Casualty (IPCC) Stock Price

Press coverage about Infinity Property and Casualty (NASDAQ:IPCC) has been trending somewhat negative on Saturday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Infinity Property and Casualty earned a media sentiment score of -0.10 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.0535616294904 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of Infinity Property and Casualty from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Infinity Property and Casualty from a “hold” rating to a “strong-buy” rating and set a $122.00 price objective for the company in a report on Wednesday, November 15th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $94.00 price objective on shares of Infinity Property and Casualty in a report on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $110.67.

Shares of Infinity Property and Casualty (IPCC) traded down $0.10 on Friday, reaching $106.00. 37,404 shares of the company’s stock were exchanged, compared to its average volume of 59,205. The stock has a market cap of $1,160.00, a price-to-earnings ratio of 22.51, a PEG ratio of 2.74 and a beta of 0.86. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.48 and a current ratio of 0.48. Infinity Property and Casualty has a 1-year low of $83.00 and a 1-year high of $110.62.

Infinity Property and Casualty (NASDAQ:IPCC) last announced its earnings results on Monday, November 6th. The insurance provider reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $1.26. Infinity Property and Casualty had a net margin of 3.37% and a return on equity of 7.02%. The business had revenue of $380.70 million during the quarter, compared to analyst estimates of $339.80 million. During the same period in the previous year, the business earned $0.17 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. research analysts expect that Infinity Property and Casualty will post 4.31 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 8th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Thursday, December 7th. Infinity Property and Casualty’s payout ratio is 49.26%.

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Infinity Property and Casualty Company Profile

Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

Insider Buying and Selling by Quarter for Infinity Property and Casualty (NASDAQ:IPCC)

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