$0.47 EPS Expected for State Auto Financial Corp (STFC) This Quarter

Equities analysts expect that State Auto Financial Corp (NASDAQ:STFC) will post earnings per share (EPS) of $0.47 for the current quarter, according to Zacks. Zero analysts have made estimates for State Auto Financial’s earnings. State Auto Financial posted earnings per share of $0.46 in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.2%. The firm is scheduled to issue its next earnings results before the market opens on Tuesday, February 20th.

On average, analysts expect that State Auto Financial will report full-year earnings of ($0.32) per share for the current financial year. For the next year, analysts expect that the business will post earnings of $1.70 per share. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for State Auto Financial.

A number of brokerages have recently issued reports on STFC. Zacks Investment Research upgraded State Auto Financial from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. BidaskClub downgraded State Auto Financial from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 21st. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $29.50.

In other news, insider John M. Petrucci sold 10,682 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $27.84, for a total value of $297,386.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Matthew Stanley Mrozek sold 3,380 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $27.85, for a total value of $94,133.00. Following the completion of the sale, the vice president now directly owns 8,633 shares of the company’s stock, valued at approximately $240,429.05. The disclosure for this sale can be found here. 1.54% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of STFC. MetLife Investment Advisors LLC acquired a new stake in shares of State Auto Financial in the 4th quarter worth $231,000. Voya Investment Management LLC boosted its position in shares of State Auto Financial by 21.9% in the 2nd quarter. Voya Investment Management LLC now owns 9,076 shares of the insurance provider’s stock worth $234,000 after purchasing an additional 1,633 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of State Auto Financial in the 2nd quarter worth $237,000. The Manufacturers Life Insurance Company boosted its position in shares of State Auto Financial by 6.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,644 shares of the insurance provider’s stock worth $351,000 after purchasing an additional 839 shares in the last quarter. Finally, Huntington National Bank acquired a new stake in State Auto Financial during the 4th quarter worth about $712,000. 33.49% of the stock is owned by hedge funds and other institutional investors.

Shares of State Auto Financial (NASDAQ STFC) traded up $0.14 during trading hours on Tuesday, hitting $28.93. The stock had a trading volume of 15,500 shares, compared to its average volume of 34,040. State Auto Financial has a twelve month low of $22.11 and a twelve month high of $30.85. The stock has a market cap of $1,216.85, a P/E ratio of 44.51 and a beta of 0.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.08 and a quick ratio of 0.08.

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About State Auto Financial

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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