Sabre Insurance Group plc (SBRE) To Go Ex-Dividend on April 17th

Sabre Insurance Group plc (LON:SBRE) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 11.30 ($0.15) per share on Wednesday, June 4th. This represents a yield of 8.59%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 564.7% increase from Sabre Insurance Group’s previous dividend of $1.70. The official announcement can be seen at this link.

Sabre Insurance Group Stock Performance

Sabre Insurance Group stock opened at GBX 141.40 ($1.86) on Tuesday. The firm’s fifty day moving average price is GBX 127.80 and its 200-day moving average price is GBX 133.09. Sabre Insurance Group has a fifty-two week low of GBX 116 ($1.53) and a fifty-two week high of GBX 174.60 ($2.30). The stock has a market cap of £352.31 million, a P/E ratio of 11.93, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) EPS for the quarter. Sabre Insurance Group had a return on equity of 12.19% and a net margin of 12.82%. On average, analysts predict that Sabre Insurance Group will post 19.083558 earnings per share for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their price target on shares of Sabre Insurance Group from GBX 213 ($2.81) to GBX 210 ($2.77) and set a “buy” rating for the company in a report on Monday, March 10th.

Insider Buying and Selling

In other news, insider Geoffrey Richard Carter bought 3,805 shares of the stock in a transaction dated Thursday, March 20th. The shares were acquired at an average price of GBX 131 ($1.73) per share, with a total value of £4,984.55 ($6,572.46). Also, insider Adam Richard Westwood bought 7,959 shares of the business’s stock in a transaction dated Thursday, April 10th. The shares were acquired at an average cost of GBX 125 ($1.65) per share, with a total value of £9,948.75 ($13,118.08). Insiders bought 27,375 shares of company stock worth $3,475,927 over the last 90 days. 8.43% of the stock is owned by insiders.

About Sabre Insurance Group

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.