According to Zacks, “MAIDEN HOLDINGS is a Bermuda holding company which offers customized reinsurance products and services through Maiden Insurance Company, Ltd., its wholly owned Bermuda reinsurance subsidiary, to subsidiaries of AmTrust Financial Services, Inc. and small insurance companies and managing general agents in the United States and Europe. “
Separately, JMP Securities restated a buy rating on shares of Maiden Holdings in a report on Tuesday, June 28th.
Shares of Maiden Holdings (NASDAQ:MHLD) opened at 12.96 on Tuesday. Maiden Holdings has a 1-year low of $11.14 and a 1-year high of $16.10. The company has a market cap of $959.26 million, a PE ratio of 9.49 and a beta of 1.13. The company has a 50-day moving average of $13.38 and a 200-day moving average of $12.99.
Maiden Holdings (NASDAQ:MHLD) last announced its earnings results on Thursday, August 4th. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.01. Maiden Holdings had a return on equity of 13.98% and a net margin of 5.14%. During the same quarter last year, the firm posted $0.37 EPS. Equities analysts forecast that Maiden Holdings will post $1.56 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 19th. Investors of record on Wednesday, October 5th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.32%. The ex-dividend date of this dividend is Monday, October 3rd. Maiden Holdings’s payout ratio is 41.18%.
A number of hedge funds and other institutional investors have recently made changes to their positions in MHLD. US Bancorp DE boosted its stake in shares of Maiden Holdings by 0.6% in the second quarter. US Bancorp DE now owns 11,933 shares of the company’s stock worth $147,000 after buying an additional 73 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Maiden Holdings by 5.0% in the second quarter. Principal Financial Group Inc. now owns 14,000 shares of the company’s stock worth $171,000 after buying an additional 665 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Maiden Holdings by 2.5% in the second quarter. Schroder Investment Management Group now owns 38,424 shares of the company’s stock worth $470,000 after buying an additional 929 shares in the last quarter. Quantum Capital Management boosted its stake in shares of Maiden Holdings by 8.4% in the first quarter. Quantum Capital Management now owns 13,224 shares of the company’s stock worth $171,000 after buying an additional 1,021 shares in the last quarter. Finally, Hancock Holding Co. boosted its stake in shares of Maiden Holdings by 1.9% in the second quarter. Hancock Holding Co. now owns 56,929 shares of the company’s stock worth $697,000 after buying an additional 1,038 shares in the last quarter. Institutional investors and hedge funds own 70.31% of the company’s stock.
Maiden Holdings Company Profile
Maiden Holdings, Ltd. (Maiden) is a holding company. The Company is focused 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. Maiden operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.
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