StockNews.com started coverage on shares of Enstar Group (NASDAQ:ESGR – Free Report) in a research note released on Sunday morning. The brokerage issued a hold rating on the insurance provider’s stock.
Enstar Group Price Performance
Shares of ESGR opened at $325.21 on Friday. The firm has a 50-day simple moving average of $322.14 and a two-hundred day simple moving average of $314.51. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.31 and a quick ratio of 0.31. Enstar Group has a 1-year low of $231.85 and a 1-year high of $348.48. The stock has a market cap of $4.95 billion, a PE ratio of 6.31 and a beta of 0.66.
Enstar Group (NASDAQ:ESGR – Get Free Report) last issued its quarterly earnings results on Monday, July 29th. The insurance provider reported $10.78 earnings per share (EPS) for the quarter. The company had revenue of $159.00 million during the quarter. Enstar Group had a net margin of 81.31% and a return on equity of 18.55%.
Hedge Funds Weigh In On Enstar Group
Enstar Group Company Profile
Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.
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