Baldwin & Lyons (BWINB) Earning Somewhat Favorable News Coverage, Study Shows

Media headlines about Baldwin & Lyons (NASDAQ:BWINB) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Baldwin & Lyons earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 47.2392154323795 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Baldwin & Lyons (NASDAQ:BWINB) remained flat at $22.10 during midday trading on Friday. The company had a trading volume of 13,188 shares. Baldwin & Lyons has a one year low of $21.40 and a one year high of $27.70. The stock has a market cap of $334.17 million, a price-to-earnings ratio of 101.84 and a beta of 0.84. The firm’s 50-day moving average price is $23.37 and its 200-day moving average price is $23.98.

Baldwin & Lyons (NASDAQ:BWINB) last released its quarterly earnings results on Wednesday, August 9th. The insurance provider reported ($0.96) earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by $1.31. Baldwin & Lyons had a negative return on equity of 2.96% and a net margin of 1.00%. The business had revenue of $77.41 million for the quarter. On average, equities analysts predict that Baldwin & Lyons will post $1.40 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Tuesday, August 22nd will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Friday, August 18th. Baldwin & Lyons’s dividend payout ratio is currently 490.93%.

Several equities analysts have recently weighed in on BWINB shares. BidaskClub upgraded shares of Baldwin & Lyons from a “strong sell” rating to a “sell” rating in a research note on Tuesday. TheStreet cut shares of Baldwin & Lyons from a “b-” rating to a “c+” rating in a research note on Thursday, August 10th.

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About Baldwin & Lyons

Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.

Insider Buying and Selling by Quarter for Baldwin & Lyons (NASDAQ:BWINB)

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