EMC Insurance Group (EMCI) Scheduled to Post Earnings on Wednesday

EMC Insurance Group (NASDAQ:EMCI) will post its quarterly earnings results before the market opens on Wednesday, November 7th.

EMC Insurance Group (NASDAQ:EMCI) last issued its earnings results on Tuesday, August 7th. The insurance provider reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). EMC Insurance Group had a return on equity of 3.30% and a net margin of 3.23%. The business had revenue of $172.50 million during the quarter.

Shares of EMCI opened at $24.09 on Monday. EMC Insurance Group has a 52-week low of $22.98 and a 52-week high of $32.19. The firm has a market capitalization of $519.26 million, a price-to-earnings ratio of 27.07 and a beta of 0.64. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.09 and a quick ratio of 0.09.

A number of analysts recently issued reports on EMCI shares. BidaskClub raised EMC Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday, October 27th. TheStreet downgraded EMC Insurance Group from a “b-” rating to a “c+” rating in a research report on Monday, August 13th. Finally, Sandler O’Neill reissued a “buy” rating and set a $33.00 price objective on shares of EMC Insurance Group in a research report on Friday, July 13th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.50.

About EMC Insurance Group

EMC Insurance Group Inc, an insurance holding company, provides property and casualty insurance, and reinsurance products in the United States. It operates through two segments, Property and Casualty Insurance, and Reinsurance. The Property and Casualty Insurance segment underwrites commercial and personal lines of insurance products.

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Earnings History for EMC Insurance Group (NASDAQ:EMCI)

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