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EMC Insurance Group Inc (EMCI.OQ)

EMCI.OQ on NASDAQ Stock Exchange Global Select Market

29.63USD
13 Dec 2017
Change (% chg)

$0.32 (+1.09%)
Prev Close
$29.31
Open
$29.40
Day's High
$30.00
Day's Low
$29.40
Volume
6,113
Avg. Vol
8,360
52-wk High
$31.64
52-wk Low
$26.20

Latest Key Developments (Source: Significant Developments)

EMC Insurance Group CEO ‍Bruce Kelley​ sells 13,503 shares of co's common stock on Nov 22
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Emc Insurance Group Inc ::EMC INSURANCE GROUP INC CEO ‍BRUCE KELLEY​ REPORTS SALE OF 13,503 SHARES OF CO'S COMMON STOCK ON NOV 22 AT $30.31 PER SHARE - SEC FILING.  Full Article

EMC INSURANCE GROUP REPORTS Q3 GAAP EPS $0.03
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Emc Insurance Group Inc ::EMC INSURANCE GROUP INC. REPORTS 2017 THIRD QUARTER AND NINE MONTH RESULTS.Q3 GAAP EARNINGS PER SHARE $0.03.SEES FY 2017 NON-GAAP OPERATING EARNINGS PER SHARE $1.15 TO $1.35.Q3 EARNINGS PER SHARE VIEW $-0.23 -- THOMSON REUTERS I/B/E/S.QTRLY ‍NON-GAAP OPERATING INCOME PER SHARE $0.05​.‍NET INVESTMENT INCOME TOTALED $11.5 MILLION FOR Q3 ENDED SEPTEMBER 30, 2017, WHICH IS CONSISTENT WITH Q3 OF 2016​.FY2017 EARNINGS PER SHARE VIEW $0.93 -- THOMSON REUTERS I/B/E/S.LOWERING 2017 NON-GAAP OPERATING INCOME GUIDANCE TO RANGE OF $1.15 TO $1.35 PER SHARE FROM PREVIOUS RANGE OF $1.35 TO $1.55 PER SHARE.  Full Article

EMC Insurance Group increases and declares quarterly cash dividend
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - EMC Insurance ::EMC Insurance Group Inc increases and declares quarterly cash dividend, and announces executive officer appointments.Sets quarterly cash dividend of $0.22per share.EMC Insurance Group - ‍new dividend represents 4.8 percent increase over previous quarterly dividend of $0.21 per share​.  Full Article

EMC Insurance Group Inc. announces estimate for third quarter catastrophe and storm losses
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - EMC Insurance Group Inc :EMC Insurance Group Inc. announces estimate for third quarter catastrophe and storm losses, and third quarter earnings call and access information.EMC Insurance Group - ‍expects to report Q3 2017 catastrophe and storm losses totaling about $29.4 million​.EMC Insurance Group - ‍on a segment basis, catastrophe and storm losses expected to total about $9.9 million in property and casualty insurance segment​.EMC Insurance - ‍reinsurance segment expects to report amount of catastrophe, storm losses totaling about $19.5 million ($0.60 per share after tax)​.  Full Article

EMC Insurance Group reports Q4 EPS $1.01
Friday, 10 Feb 2017 

EMC Insurance Group Inc - : Reports 2016 fourth quarter and year-end results, and announces 2017 non-gaap operating income guidance and participation by management at industry conferences . Sees fy 2017 non-gaap operating earnings per share $1.35 to $1.55 . Q4 earnings per share $1.01 . Q4 earnings per share view $0.85 -- Thomson Reuters I/B/E/S . Net investment income totaled $11.6 million for Q4 ended december 31, 2016 . Catastrophe and storm losses totaled $2.4 million in Q4 of 2016 . 2017 guidance reflects management's expectation for further rate softening and increased competition . Premiums earned increased 7.0 percent and 3.9 percent for q4 and year ended December 31, 2016 . 2017 gaap combined ratio outlook has load of 9.4 points for catastrophe, storm losses, up from 8.1 points experienced in 2016 . For 2017, anticipate "more consistency" in quarterly results as intercompany reinsurance programs were renewed .Fy2017 earnings per share view $1.65, revenue view $647.8 million -- Thomson Reuters I/B/E/S.  Full Article

EMC Insurance Group Q2 net income per share $0.29
Tuesday, 9 Aug 2016 

EMC Insurance Group Inc : Qtrly net income per share $0.29 . We are reducing our earnings guidance for year . Sees 2016 projected GAAP combined ratio has a load of 10.2 points for catastrophe and storm losses . Premiums earned increased 1.3 percent for Q2 . Q2 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Qtrly catastrophe and storm losses per share $0.69 . Q2 results were impacted by higher than anticipated catastrophe and storm losses . Management is lowering its 2016 operating income guidance to a range of $1.55 to $1.75 per share . Management is unable to accurately project company's annual net income .FY2016 earnings per share view $1.83 -- Thomson Reuters I/B/E/S.  Full Article

EMC Insurance Group net income 70 cents/shr
Friday, 6 May 2016 

Emc Insurance Group Inc :Emc insurance group inc. Reports 2016 first quarter results.  Full Article

EMC Insurance Group Inc gives FY 2016 EPS guidance
Friday, 12 Feb 2016 

EMC Insurance Group Inc:Says management is projecting FY 2016 operating income will be within a range of $1.70 to $1.90 per share.  Full Article

BRIEF-EMC Insurance Group CEO ‍Bruce Kelley​ sells 13,503 shares of co's common stock on Nov 22

* EMC INSURANCE GROUP INC CEO ‍BRUCE KELLEY​ REPORTS SALE OF 13,503 SHARES OF CO'S COMMON STOCK ON NOV 22 AT $30.31 PER SHARE - SEC FILING Source text: (http://bit.ly/2zvniUW) Further company coverage: