Maiden (MHLD) Getting Somewhat Favorable Media Coverage, Accern Reports

News stories about Maiden (NASDAQ:MHLD) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Maiden earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 45.0747788100128 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Maiden (MHLD) opened at $7.80 on Wednesday. The firm has a market capitalization of $651.61, a P/E ratio of -4.76 and a beta of 1.18. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.27. Maiden has a 1-year low of $5.55 and a 1-year high of $18.95.

Maiden (NASDAQ:MHLD) last issued its earnings results on Wednesday, November 8th. The insurance provider reported ($0.66) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.77). The business had revenue of $653.87 million during the quarter, compared to the consensus estimate of $708.04 million. Maiden had a negative return on equity of 9.10% and a negative net margin of 3.95%. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.39 earnings per share. equities analysts anticipate that Maiden will post -0.35 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $0.60 dividend on an annualized basis and a yield of 7.69%. Maiden’s payout ratio is currently -36.59%.

A number of research firms recently commented on MHLD. B. Riley reaffirmed a “neutral” rating and issued a $10.00 price objective on shares of Maiden in a research note on Monday, November 6th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $10.00 price objective on shares of Maiden in a research note on Friday, November 3rd. FBR & Co reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Maiden in a research note on Monday, September 25th. Zacks Investment Research lowered Maiden from a “hold” rating to a “strong sell” rating in a research note on Saturday, September 23rd. Finally, BidaskClub lowered Maiden from a “hold” rating to a “sell” rating in a research note on Thursday, December 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $10.40.

In other Maiden news, Director Raymond Michael Neff bought 46,500 shares of the stock in a transaction on Monday, November 13th. The stock was acquired at an average cost of $6.40 per share, for a total transaction of $297,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.00% of the company’s stock.

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About Maiden

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

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