Media headlines about Baldwin & Lyons (NASDAQ:BWINA) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Baldwin & Lyons earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.3603676483595 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Baldwin & Lyons (NASDAQ BWINA) remained flat at $22.80 on Thursday. 242 shares of the company were exchanged. Baldwin & Lyons has a 12 month low of $21.41 and a 12 month high of $26.95. The stock has a 50 day moving average of $22.44 and a 200-day moving average of $23.15. The stock has a market capitalization of $344.76 million, a P/E ratio of 105.07 and a beta of 0.60.
Baldwin & Lyons (NASDAQ:BWINA) last released its quarterly earnings data on Wednesday, August 9th. The financial services provider reported ($0.96) earnings per share for the quarter, missing the consensus estimate of $0.35 by ($1.31). The company had revenue of $77.41 million during the quarter. Baldwin & Lyons had a net margin of 1.00% and a negative return on equity of 2.96%.
Baldwin & Lyons announced that its board has authorized a stock repurchase plan on Tuesday, September 5th that authorizes the company to repurchase 2,460,000 shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.
Separately, TheStreet cut shares of Baldwin & Lyons from a “b-” rating to a “c” rating in a report on Wednesday, August 9th.
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Baldwin & Lyons Company Profile
Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.
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