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 reissued a buy rating on shares of Maiden Holdings in a report on Tuesday, June 28th.
Shares of Maiden Holdings (NASDAQ:MHLD) opened at 12.58 on Monday. The firm has a market capitalization of $931.13 million, a P/E ratio of 9.22 and a beta of 1.16. The company’s 50 day moving average price is $13.53 and its 200-day moving average price is $12.99. Maiden Holdings has a 12 month low of $11.14 and a 12 month high of $16.10.
Maiden Holdings (NASDAQ:MHLD) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.39 earnings per share for the quarter, missing the Zacks’ 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 period last year, the business posted $0.37 EPS. On average, equities analysts predict that Maiden Holdings will post $1.56 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Wednesday, October 5th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 4.45%. The ex-dividend date is Monday, October 3rd. Maiden Holdings’s dividend payout ratio (DPR) is 41.18%.
A number of hedge funds have recently bought and sold shares of MHLD. Teacher Retirement System of Texas raised its stake in Maiden Holdings by 21.2% in the second quarter. Teacher Retirement System of Texas now owns 8,235 shares of the company’s stock valued at $101,000 after buying an additional 1,440 shares during the period. Sei Investments Co. raised its stake in Maiden Holdings by 163.5% in the second quarter. Sei Investments Co. now owns 8,616 shares of the company’s stock valued at $106,000 after buying an additional 5,346 shares during the period. Fox Run Management L.L.C. purchased a new stake in Maiden Holdings during the second quarter valued at $125,000. US Bancorp DE raised its stake in Maiden Holdings by 0.6% in the second quarter. US Bancorp DE now owns 11,933 shares of the company’s stock valued at $147,000 after buying an additional 73 shares during the period. Finally, Trexquant Investment LP purchased a new stake in Maiden Holdings during the second quarter valued at $149,000. 70.31% of the stock is currently owned by institutional investors.
About Maiden Holdings
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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