Equities analysts predict that Aspen Insurance Holdings Limited (NYSE:AHL) will post earnings of $0.89 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Aspen Insurance’s earnings. Aspen Insurance posted earnings per share of $0.47 in the same quarter last year, which would suggest a positive year-over-year growth rate of 89.4%. The company is expected to report its next quarterly earnings report on Wednesday, July 25th.
On average, analysts expect that Aspen Insurance will report full-year earnings of $3.30 per share for the current year. For the next year, analysts anticipate that the firm will report earnings of $3.70 per share. Zacks’ EPS calculations are an average based on a survey of research firms that follow Aspen Insurance.
Aspen Insurance (NYSE:AHL) last released its quarterly earnings results on Wednesday, May 2nd. The insurance provider reported $0.91 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.01). Aspen Insurance had a negative net margin of 13.72% and a negative return on equity of 11.81%. The business had revenue of $533.50 million for the quarter, compared to analysts’ expectations of $553.00 million. During the same period in the previous year, the company earned $0.79 EPS.
Several equities research analysts have recently commented on AHL shares. Zacks Investment Research lowered shares of Aspen Insurance from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 20th. ValuEngine lowered shares of Aspen Insurance from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. UBS reduced their price target on shares of Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, January 26th. Finally, Barclays reduced their price target on shares of Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, January 26th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $42.67.
Aspen Insurance opened at $43.20 on Monday, according to MarketBeat.com. Aspen Insurance has a 52 week low of $34.80 and a 52 week high of $52.40. The stock has a market cap of $2.58 billion, a PE ratio of -6.56 and a beta of 0.37. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.20.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 5th. Investors of record on Friday, May 18th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, May 17th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Aspen Insurance’s dividend payout ratio (DPR) is presently -14.57%.
Large investors have recently made changes to their positions in the stock. Point72 Asia Hong Kong Ltd bought a new position in shares of Aspen Insurance during the 1st quarter valued at approximately $156,000. State of Alaska Department of Revenue bought a new position in shares of Aspen Insurance during the 4th quarter valued at approximately $174,000. First Interstate Bank bought a new position in shares of Aspen Insurance during the 4th quarter valued at approximately $217,000. Xact Kapitalforvaltning AB bought a new position in shares of Aspen Insurance during the 4th quarter valued at approximately $223,000. Finally, Summit Trail Advisors LLC grew its stake in shares of Aspen Insurance by 3,176.1% during the 1st quarter. Summit Trail Advisors LLC now owns 226,410 shares of the insurance provider’s stock valued at $226,000 after acquiring an additional 219,499 shares during the period. Institutional investors own 99.04% of the company’s stock.
Aspen Insurance Company Profile
Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.
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