News coverage about XL Capital Partners (NYSE:XL) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. XL Capital Partners earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 46.1332489802812 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
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[$$] Axa Equitable IPO gets greenshoe lift (finance.yahoo.com) XL Catlin announces insurance solutions to support the adoption of autonomous technologies and establishes Global Autonomy Centre of Excellence (finance.yahoo.com) AXA secures financing for acquisition of XL Group (finance.yahoo.com) XL Capital Partners Co. (XL) Announces $0.22 Quarterly Dividend (americanbankingnews.com) [$$] Axa IPO of US arm fetches $1bn less than hoped (finance.yahoo.com)
Shares of NYSE XL traded up $0.06 during mid-day trading on Monday, reaching $54.99. The company’s stock had a trading volume of 2,995,571 shares, compared to its average volume of 5,332,845. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of -27.36, a price-to-earnings-growth ratio of 1.67 and a beta of 0.48. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.29. XL Capital Partners has a 52 week low of $54.85 and a 52 week high of $55.05.
XL Capital Partners (NYSE:XL) last released its quarterly earnings data on Wednesday, May 2nd. The insurance provider reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.15). The business had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.87 billion. XL Capital Partners had a negative return on equity of 3.75% and a negative net margin of 4.92%. During the same period last year, the company earned $0.50 EPS. research analysts expect that XL Capital Partners will post 3.66 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, June 15th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Thursday, June 14th. XL Capital Partners’s payout ratio is presently -43.78%.
XL has been the subject of a number of analyst reports. Barclays restated an “overweight” rating and issued a $50.00 price target (up previously from $42.00) on shares of XL Capital Partners in a research report on Tuesday, February 20th. Zacks Investment Research cut XL Capital Partners from a “hold” rating to a “sell” rating in a research report on Friday, April 20th. Deutsche Bank upgraded XL Capital Partners from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. UBS cut XL Capital Partners from a “buy” rating to a “neutral” rating and set a $45.00 price target for the company. in a research report on Monday, March 19th. Finally, ValuEngine upgraded XL Capital Partners from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. XL Capital Partners presently has an average rating of “Hold” and an average price target of $47.38.
In related news, General Counsel Gould Kirstin Romann sold 62,290 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $43.09, for a total transaction of $2,684,076.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.02% of the stock is currently owned by corporate insiders.
About XL Capital Partners
XL Group Ltd, through its subsidiaries, operates as an insurance and reinsurance company worldwide. The company's Insurance segment offers primary and excess casualty, environmental liability, professional liability, property, excess and surplus lines, U.S. program/facilities, and construction business products.