Daily Technical Summary Reports on Insurance Stocks — Cincinnati Financial, Maiden, State National, and Everest Re

NEW YORK, September 14, 2017 /PRNewswire/ —

If you want a Stock Review on CINF, MHLD, SNC, or RE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Ahead of today’s trading session, DailyStockTracker.com monitors the recent performance of Cincinnati Financial Corp. (NASDAQ: CINF), Maiden Holdings Ltd (NASDAQ: MHLD), State National Cos. Inc. (NASDAQ: SNC), and Everest Re Group Ltd (NYSE: RE). According to an article on MarketWatch, Morgan Stanley wrote on September 11th, 2017, that the Property and Casualty (P&C) Insurance industry “has [a] strong balance sheet to weather the financial impact” of the storm. The investment bank also said, “We see stabilizing / improving property (re)insurance pricing.” It further noted that P&C stocks “historically have outperformed post major events after losses become certain.” Register now and get full and free access to these DailyStockTracker.com research reports at:

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Cincinnati Financial
 

On Wednesday, shares in Fairfield, Ohio headquartered Cincinnati Financial Corp. recorded a trading volume of 504,985 shares, which was above their three months average volume of 480,920 shares. The stock ended at $75.94, declining 0.93% from the last trading session. The Company’s shares have gained 3.96% over the previous three months and 0.25% on an YTD basis. The stock is trading above its 200-day moving average by 3.41%. Furthermore, shares of Cincinnati Financial, which engages in the property casualty insurance business in the US, have a Relative Strength Index (RSI) of 48.54.  

On August 18th, 2017, Cincinnati Financial announced that its board of directors declared a regular quarterly cash dividend of $0.50 per share. The dividend is payable on October 16th, 2017, to shareholders of record as of September 22nd, 2017. Access our complete research report on CINF for free at:

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Maiden Holdings 

Hamilton, Bermuda headquartered Maiden Holdings Ltd’s stock finished yesterday’s session 1.32% higher at $7.70. A total volume of 823,111 shares was traded, which was above their three months average volume of 590,900 shares. The Company’s shares have gained 9.22% in the last one month. The stock is trading below its 50-day moving average by 16.09%. Furthermore, shares of Maiden, which through its subsidiaries, provides reinsurance solutions to regional and specialty insurers in the US, Europe, and internationally, have an RSI of 48.16. The complimentary research report on MHLD can be downloaded at:

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State National 

At the close of trading on Wednesday, shares in Bedford, Texas headquartered State National Cos. Inc. rose 0.19%, ending the day at $20.92. The stock recorded a trading volume of 656,756 shares, which was above its three months average volume of 506,320 shares. The Company’s shares have surged 22.34% in the previous three months and 50.94% since the start of this year. The stock is trading 4.14% and 30.00% above its 50-day and 200-day moving averages, respectively. Moreover, shares of State National, which through its subsidiaries, provide property and casualty insurance in the US, have an RSI of 72.28.

On August 18th, 2017, State National announced that its Board of Directors has declared a regular cash dividend of $0.06 per share, payable on its outstanding common stock. The dividend will be paid on October 02nd, 2017, to all shareholders of record on September 18th, 2017. Register for free on DailyStockTracker.com and get access to the latest report on SNC at:

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Everest Re Group 

Hamilton, Bermuda headquartered Everest Re Group Ltd.’s shares ended the day 0.03% higher at $233.32 with a total trading volume of 480,496 shares. The stock has gained 7.82% on an YTD basis. The Company’s shares are trading 2.78% below their 200-day moving average. Additionally, shares of Everest Re, which through its subsidiaries, provide reinsurance and insurance products, have an RSI of 37.82.  

On September 05th, 2017, Everest Re announced that Debbie Weiser has joined Everest Insurance® as the newly appointed leader of Excess Casualty within Everest Specialty Casualty. Based in New York, Weiser joins the Company from AIG, where she was Head of Excess Casualty Strategic Growth and Innovation.

On September 11th, 2017, research firm Buckingham Research initiated a ‘Neutral’ rating on the Company’s stock, with a target price of $255 per share. Download your free research report on RE at:

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