EMCI EMC Insurance Group, Inc. featured news, full reports, and detailed charts
EMC Insurance Group, Inc. (EMCI) Wrap Up:
EMC Insurance Group Inc. is an insurance holding company that was incorporated in Iowa in 1974 by Employers Mutual Casualty Company (Employers Mutual) and became a public company in 1982 following the initial public offering of its common stock. EMC Insurance Group Inc. is 57 percent owned by Employers Mutual, a multiple-line property and casualty insurance company organized as an Iowa mutual insurance company in 1911 that is licensed in all 50 states and the District of Columbia. The term “Company” is used interchangeably to describe EMC Insurance Group Inc. (Parent Company only) and EMC Insurance Group Inc. and its subsidiaries. Employers Mutual and all of its subsidiaries (including the Company) and an affiliate are referred to as the “EMC Insurance Companies.” The Company conducts operations in property and casualty insurance and reinsurance through its subsidiaries. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0000356130-08-000031.html#FIS_BUSINESS"EMC Insurance Group Inc. (EMCI:NASDAQ)
Snapshot of EMC Insurance Group Inc. (EMCI)
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OPEN
$21.41
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PREVIOUS CLOSE
$21.61
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DAY HIGH
$21.77
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DAY LOW
$20.92
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52 WEEK HIGH
11/24/08 - $25.85
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52 WEEK LOW
03/3/09 - $18.01
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MARKET CAP
282.1M
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AVERAGE VOLUME 3 mo
12.8K
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DILUTED EPS TTM
$1.38
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SHARES OUTSTANDING
13.1M
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EX-DATE
11/19/09
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P/E TTM
15.6x
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DIVIDEND
$0.72
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DIVIDEND YIELD
3.35%
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| K = Thousands M = Millions B = Billions | ||
EMCI Top Compensated Officers
Executives, Board Directors
Key developments for EMC Insurance Group Inc. (EMCI)
On November 11, 2009, the board of directors of EMC Insurance Group Inc. declared a quarterly dividend of 18 cents per share of common stock payable on December 3, 2009 to shareholders of record as of November 23, 2009.
EMC Insurance Group Inc. reported unaudited consolidated and company earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, on consolidated basis, the company reported operating loss before income taxes of $311,945, loss before income taxes of $311,945, net income of $202,764, or $0.02 per basic and diluted share on revenues of $739 compared to operating loss before income taxes of $303,228, loss before income taxes of $303,228, net loss of $197,098, or $0.01 per basic and diluted share on revenues of $58,817 for the same period last year. Book value per share was $25.41. On company basis, the company reported operating income before income taxes of $3,549,619, income before income taxes of $6,470,929, net income of $5,050,775, or $0.38 per basic and diluted share on revenues of $108,761,818 compared to operating loss before income taxes of $2,292,538, loss before income taxes of $16,389,055, net loss of $9,457,569, or $0.70 per basic and diluted share on revenues of $108,851,568 for the same period last year. For the nine months, on consolidated basis, the company reported operating loss before income taxes of $1,015,837, loss before income taxes of $1,015,837, net loss of $660,294, or $0.04 per basic and diluted share on revenues of $14,796 compared to operating loss before income taxes of $859,069, loss before income taxes of $859,069, net loss of $558,395, or $0.04 per basic and diluted share on revenues of $137,913 for the same period last year. On company basis, the company reported operating income before income taxes of $27,054,721, income before income taxes of $22,288,888, net income of $17,821,770, or $1.35 per basic and diluted share on revenues of $321,115,483 compared to operating income before income taxes of $7,728,176, loss before income taxes of $8,909,348, net loss of $2,178,913, or $0.16 per basic and diluted share on revenues of $324,694,534 for the same period last year. Management is reiterating its 2009 operating income guidance of $1.80 to $2.05 per share.
EMC Insurance Group Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 17, 2009).
EMCI Competitors
| Company | Last | Change |
| AMERISAFE Inc | $17.33 USD | -0.04 |
| Donegal Group Inc | $14.98 USD | +0.19 |
| National Interstate Corp | $16.59 USD | +0.04 |
| PMA Capital Corp | $6.95 USD | +0.11 |
| SeaBright Insurance Holdings Inc | $10.98 USD | +0.10 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | EMCI | Industry Range |
| Price/Earnings | 15.7x |
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| Price/Sales | 0.7x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 15.5x |
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| TEV/Sales | 0.5x |
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EMCI |
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EMCI transactions
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| No transactions in the last 6 months. | ||