EMC Insurance Group Inc. (EMCI) Set to Announce Earnings on Wednesday

EMC Insurance Group Inc. (NASDAQ:EMCI) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 8th. Analysts expect EMC Insurance Group to post earnings of $0.21 per share for the quarter.

EMC Insurance Group (NASDAQ:EMCI) last posted its quarterly earnings results on Tuesday, August 8th. The insurance provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.12). The company had revenue of $160.76 million during the quarter. EMC Insurance Group had a return on equity of 5.66% and a net margin of 5.87%.

Shares of EMC Insurance Group Inc. (NASDAQ:EMCI) opened at $29.82 on Monday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.05. The stock has a market cap of $636.66, a P/E ratio of 18.75 and a beta of 0.98. EMC Insurance Group Inc. has a 52-week low of $24.14 and a 52-week high of $31.47.

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A number of research firms have recently issued reports on EMCI. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $30.00 price target on shares of EMC Insurance Group in a research report on Sunday, October 8th. BidaskClub lowered shares of EMC Insurance Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th.

About EMC Insurance Group

EMC Insurance Group Inc is an insurance holding company. The Company operates through two segments: Property and Casualty Insurance and Reinsurance segment. It conducts its property and casualty insurance operations through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance operations through its subsidiary, EMC Reinsurance Company.

Earnings History for EMC Insurance Group (NASDAQ:EMCI)

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