State Auto Financial Corp. (NASDAQ:STFC) announced its earnings results on Thursday. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.03, AnalystRatingsNetwork.com reports. The company had revenue of $292.70 million for the quarter, compared to the consensus estimate of $290.05 million.
State Auto Financial Corp. (NASDAQ:STFC) opened at 19.65 on Thursday. State Auto Financial Corp. has a 1-year low of $13.93 and a 1-year high of $23.10. The stock has a 50-day moving average of $19. and a 200-day moving average of $19.11. The company has a market cap of $798.4 million and a price-to-earnings ratio of 19.26.
A number of analysts have recently weighed in on STFC shares. Analysts at Sandler O’Neill cut their price target on shares of State Auto Financial Corp. from $21.00 to $20.00 in a research note to investors on Tuesday, October 8th. They now have a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of State Auto Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, September 2nd. They now have a $23.40 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $19.85.
State Auto Financial Corporation (NASDAQ:STFC) is a property and casualty insurance holding company.
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