Brokerages Expect Aspen Insurance Holdings Limited (AHL) Will Post Earnings of $0.58 Per Share

Wall Street analysts forecast that Aspen Insurance Holdings Limited (NYSE:AHL) will announce earnings of $0.58 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Aspen Insurance’s earnings. Aspen Insurance posted earnings of ($3.14) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 118.5%. The firm is expected to announce its next earnings report on Wednesday, February 6th.

On average, analysts expect that Aspen Insurance will report full-year earnings of $2.80 per share for the current fiscal year. For the next financial year, analysts expect that the company will report earnings of $2.85 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Aspen Insurance.

Aspen Insurance (NYSE:AHL) last released its earnings results on Wednesday, October 24th. The insurance provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.73 by ($0.24). The firm had revenue of $670.50 million for the quarter. Aspen Insurance had a negative return on equity of 1.27% and a negative net margin of 8.02%.



A number of equities analysts have issued reports on AHL shares. Zacks Investment Research upgraded Aspen Insurance from a “strong sell” rating to a “buy” rating and set a $46.00 target price for the company in a report on Wednesday, July 4th. ValuEngine upgraded Aspen Insurance from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Deutsche Bank increased their target price on Aspen Insurance from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Wednesday, September 5th. Finally, Buckingham Research cut Aspen Insurance from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $46.00 to $42.75 in a report on Monday, September 10th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Aspen Insurance has a consensus rating of “Hold” and an average price target of $42.55.

Institutional investors have recently bought and sold shares of the company. Bessemer Group Inc. boosted its stake in shares of Aspen Insurance by 1.1% during the 2nd quarter. Bessemer Group Inc. now owns 110,541 shares of the insurance provider’s stock worth $4,499,000 after buying an additional 1,255 shares during the last quarter. Comerica Bank lifted its stake in Aspen Insurance by 6.8% in the 2nd quarter. Comerica Bank now owns 124,421 shares of the insurance provider’s stock valued at $4,989,000 after purchasing an additional 7,921 shares during the last quarter. Deprince Race & Zollo Inc. lifted its stake in Aspen Insurance by 12.4% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 865,880 shares of the insurance provider’s stock valued at $35,241,000 after purchasing an additional 95,406 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Aspen Insurance by 71.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,642 shares of the insurance provider’s stock valued at $311,000 after purchasing an additional 3,197 shares during the last quarter. Finally, Xact Kapitalforvaltning AB lifted its stake in Aspen Insurance by 43.6% in the 1st quarter. Xact Kapitalforvaltning AB now owns 7,902 shares of the insurance provider’s stock valued at $354,000 after purchasing an additional 2,400 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

AHL stock traded up $0.07 during trading hours on Tuesday, reaching $41.72. 226,415 shares of the stock were exchanged, compared to its average volume of 1,056,856. The stock has a market cap of $2.49 billion, a PE ratio of -6.33 and a beta of 0.37. The company has a current ratio of 0.57, a quick ratio of 0.74 and a debt-to-equity ratio of 0.15. Aspen Insurance has a 12 month low of $34.80 and a 12 month high of $46.10.

Aspen Insurance Company Profile

Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.

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