Maiden Holdings, Ltd. (NASDAQ:MHLD) – Stock analysts at B. Riley issued their Q3 2017 earnings per share (EPS) estimates for shares of Maiden Holdings in a research report issued to clients and investors on Monday. B. Riley analyst R. Binner forecasts that the insurance provider will earn $0.04 per share for the quarter. B. Riley has a “Neutral” rating on the stock. B. Riley also issued estimates for Maiden Holdings’ FY2017 earnings at $0.45 EPS, FY2018 earnings at $1.30 EPS and FY2019 earnings at $1.60 EPS.

Several other research firms have also weighed in on MHLD. BidaskClub lowered shares of Maiden Holdings from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. FBR & Co lowered their target price on shares of Maiden Holdings from $13.00 to $12.00 and set a “mkt perform” rating on the stock in a report on Tuesday, July 11th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $10.00 price objective on shares of Maiden Holdings in a report on Friday, November 3rd. JMP Securities reissued a “mkt outperform” rating and set a $9.00 price objective on shares of Maiden Holdings in a report on Thursday, August 10th. Finally, Zacks Investment Research lowered shares of Maiden Holdings from a “hold” rating to a “strong sell” rating in a report on Saturday, September 23rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $11.25.

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Shares of Maiden Holdings (NASDAQ:MHLD) traded down $0.10 on Wednesday, reaching $8.25. The company’s stock had a trading volume of 36,040 shares, compared to its average volume of 505,819. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.25. Maiden Holdings has a 12-month low of $6.25 and a 12-month high of $18.95.

Maiden Holdings (NASDAQ:MHLD) last posted its quarterly earnings data on Tuesday, August 8th. The insurance provider reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.43). Maiden Holdings had a negative return on equity of 0.55% and a negative net margin of 0.61%. The company had revenue of $753.18 million during the quarter, compared to analyst estimates of $740.30 million.

A number of large investors have recently modified their holdings of MHLD. Wellington Management Group LLP grew its holdings in Maiden Holdings by 5.7% during the 1st quarter. Wellington Management Group LLP now owns 173,901 shares of the insurance provider’s stock worth $2,435,000 after acquiring an additional 9,431 shares during the last quarter. Legal & General Group Plc grew its holdings in Maiden Holdings by 0.5% during the 1st quarter. Legal & General Group Plc now owns 126,462 shares of the insurance provider’s stock worth $1,769,000 after acquiring an additional 675 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in Maiden Holdings by 6.6% during the 1st quarter. Thrivent Financial For Lutherans now owns 41,510 shares of the insurance provider’s stock worth $581,000 after acquiring an additional 2,580 shares during the last quarter. Geode Capital Management LLC grew its holdings in Maiden Holdings by 3.7% during the 1st quarter. Geode Capital Management LLC now owns 604,356 shares of the insurance provider’s stock worth $8,460,000 after acquiring an additional 21,437 shares during the last quarter. Finally, New York State Teachers Retirement System grew its holdings in Maiden Holdings by 6.8% during the 1st quarter. New York State Teachers Retirement System now owns 51,815 shares of the insurance provider’s stock worth $725,000 after acquiring an additional 3,300 shares during the last quarter. 68.68% of the stock is currently owned by hedge funds and other institutional investors.

About Maiden Holdings

Maiden Holdings, Ltd. (Maiden) is a holding company. The Company focuses on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. It operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.

Earnings History and Estimates for Maiden Holdings (NASDAQ:MHLD)

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