Media coverage about Infinity Property and Casualty Corporation (NASDAQ:IPCC) has trended somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Infinity Property and Casualty Corporation earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 83 out of 100, indicating that recent media coverage is very likely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern’s scoring:

Shares of Infinity Property and Casualty Corporation (IPCC) traded up 3.04% during trading on Friday, reaching $96.70. The company’s stock had a trading volume of 68,783 shares. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 23.30 and a beta of 0.82. Infinity Property and Casualty Corporation has a 1-year low of $73.80 and a 1-year high of $101.70. The company’s 50-day moving average price is $94.91 and its 200 day moving average price is $92.66.

Infinity Property and Casualty Corporation (NASDAQ:IPCC) last posted its quarterly earnings results on Thursday, May 4th. The insurance provider reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.07. Infinity Property and Casualty Corporation had a net margin of 2.97% and a return on equity of 6.21%. The firm had revenue of $370.70 million during the quarter, compared to analyst estimates of $390.70 million. During the same quarter in the prior year, the business posted $0.68 earnings per share. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. Analysts anticipate that Infinity Property and Casualty Corporation will post $4.32 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Friday, June 16th were paid a dividend of $0.58 per share. The ex-dividend date was Wednesday, June 14th. This represents a $2.32 annualized dividend and a yield of 2.40%. Infinity Property and Casualty Corporation’s dividend payout ratio is 55.90%.

IPCC has been the topic of a number of analyst reports. Zacks Investment Research raised Infinity Property and Casualty Corporation from a “hold” rating to a “strong-buy” rating and set a $109.00 target price on the stock in a research report on Wednesday, March 22nd. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Infinity Property and Casualty Corporation in a report on Thursday, May 25th. BidaskClub lowered Infinity Property and Casualty Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. UBS AG raised Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating in a report on Thursday. Finally, Raymond James Financial, Inc. raised Infinity Property and Casualty Corporation from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a report on Thursday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $101.67.

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About Infinity Property and Casualty Corporation

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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