Infinity Property and Casualty Corporation (IPCC) Receiving Somewhat Negative Press Coverage, Report Finds

Media headlines about Infinity Property and Casualty Corporation (NASDAQ:IPCC) have been trending somewhat negative recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Infinity Property and Casualty Corporation earned a news sentiment score of -0.07 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 46.7625813769907 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of Infinity Property and Casualty Corporation (IPCC) traded up $1.25 during trading on Friday, hitting $106.90. 31,100 shares of the stock were exchanged, compared to its average volume of 39,025. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.46 and a current ratio of 0.48. Infinity Property and Casualty Corporation has a 52-week low of $81.65 and a 52-week high of $108.10. The stock has a market cap of $1,180.00, a P/E ratio of 23.53, a P/E/G ratio of 3.28 and a beta of 0.82.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) last issued its quarterly earnings data on Monday, November 6th. The insurance provider reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $1.26. Infinity Property and Casualty Corporation had a net margin of 3.37% and a return on equity of 7.02%. The firm had revenue of $380.70 million for the quarter, compared to the consensus estimate of $339.80 million. During the same quarter in the previous year, the firm earned $0.17 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. equities research analysts expect that Infinity Property and Casualty Corporation will post 3.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 7th. Infinity Property and Casualty Corporation’s payout ratio is currently 49.26%.

A number of brokerages recently weighed in on IPCC. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $94.00 price objective on shares of Infinity Property and Casualty Corporation in a report on Thursday, September 21st. Zacks Investment Research raised shares of Infinity Property and Casualty Corporation from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, BidaskClub raised shares of Infinity Property and Casualty Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $99.50.

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Infinity Property and Casualty Corporation Company Profile

Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

Insider Buying and Selling by Quarter for Infinity Property and Casualty Corporation (NASDAQ:IPCC)

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