Maiden Holdings, Ltd. (MHLD) To Go Ex-Dividend on December 29th
Maiden Holdings, Ltd. (NASDAQ:MHLD) declared a quarterly dividend on Tuesday, November 7th, Zacks reports. Stockholders of record on Tuesday, January 2nd will be given a dividend of 0.15 per share by the insurance provider on Tuesday, January 16th. This represents a $0.60 annualized dividend and a dividend yield of 8.89%. The ex-dividend date of this dividend is Friday, December 29th.
Shares of Maiden (MHLD) opened at $6.75 on Friday. The firm has a market cap of $562.88, a PE ratio of -4.14 and a beta of 1.17. Maiden has a 52 week low of $5.55 and a 52 week high of $18.95. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.18 and a quick ratio of 0.18.
Maiden (NASDAQ:MHLD) last posted 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 net margin of 3.95% and a negative return on equity of 9.10%. The business’s revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. equities analysts expect that Maiden will post -0.35 EPS for the current year.
MHLD has been the topic of a number of analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $10.00 target price on shares of Maiden in a research note on Friday, November 3rd. Zacks Investment Research cut shares of Maiden from a “hold” rating to a “strong sell” rating in a research note on Saturday, September 23rd. FBR & Co reissued a “hold” rating and issued a $11.00 target price on shares of Maiden in a research note on Monday, September 25th. B. Riley reissued a “neutral” rating and issued a $10.00 target price on shares of Maiden in a research note on Monday, November 6th. Finally, BidaskClub raised shares of Maiden from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $10.40.
In other news, Director Raymond Michael Neff purchased 46,500 shares of Maiden stock in a transaction on Monday, November 13th. The shares were purchased at an average cost of $6.40 per share, for a total transaction of $297,600.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 10.00% of the stock is owned by insiders.
Maiden Company Profile
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.
Receive News & Ratings for Maiden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maiden and related companies with MarketBeat.com's FREE daily email newsletter.