Protective Insurance (NASDAQ:PTVCA) released its earnings results on Wednesday. The company reported ($0.95) EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($1.25), Morningstar.com reports. The business had revenue of $105.80 million for the quarter. Protective Insurance had a return on equity of 3.96% and a net margin of 6.26%.
PTVCA traded up $0.65 during trading hours on Thursday, hitting $21.50. The stock had a trading volume of 21,765 shares, compared to its average volume of 4,845. Protective Insurance has a 1 year low of $20.77 and a 1 year high of $24.86. The firm has a market cap of $312.60 million, a P/E ratio of 19.13 and a beta of 0.37.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 4th. Investors of record on Tuesday, November 20th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Monday, November 19th.
Protective Insurance Company Profile
Protective Insurance Corporation, through its subsidiaries, engages in marketing and underwriting property and casualty insurance products. The company offers a range of fleet transportation insurance products, including commercial motor vehicle liability, physical damage, and general liability insurance; workers compensation insurance; medical and indemnity insurance products; non-trucking motor vehicle liability insurance; fidelity and surety bonds; and inland marine products consisting of cargo insurance.
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