Maiden Holdings, Ltd. (NASDAQ:MHLD) has a beta value of 0.73 and has seen 977,009 shares traded in the last trading session. The company, currently valued at $200.98 Million, closed the last trade at $2.37 per share which meant it gained $0.28 on the day or 13.4% during that session. The MHLD stock price is -1.27% off its 52-week high price of $2.4 and 83.97% above the 52-week low of $0.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.15 Million shares traded. The 3-month trading volume is 193.76 Million shares.
The consensus among analysts is that Maiden Holdings, Ltd. (MHLD) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Maiden Holdings, Ltd. (NASDAQ:MHLD) trade information
Sporting 13.4% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Nov 20 when the MHLD stock price touched $2.40-1 or saw a rise of 1.25%. Year-to-date, Maiden Holdings, Ltd. shares have moved 216%, while the 5-day performance has seen it change 70.5%. Over the past 30 days, the shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) have changed 99.16%. Short interest in the company has seen 106.36 Million shares shorted with days to cover at 0.55.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump -36.71% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is -36.71% off the targeted high while a plunge would see the stock lose -36.71% from current levels.
Maiden Holdings, Ltd. (MHLD) estimates and forecasts
1 analysts offering their estimates for the company have set an average revenue estimate of $402.69 Million for the current quarter. 1 have an estimated revenue figure of $374.61 Million for the next quarter concluding in June 01, 2020. Year-ago sales stood $183.1 Million and $133.99 Million respectively for this quarter and the next, and analysts expect sales will grow by 119.9% for the current quarter and 179.6% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -26.7% over the past 5 years. Earnings growth for 2020 is a modest +77% while over the next 5 years, the company’s earnings are expected to increase by 12%.
Maiden Holdings, Ltd. (NASDAQ:MHLD)’s Major holders
Insiders own 27.1% of the company shares, while shares held by institutions stand at 44.37% with a share float percentage of 60.86%. Investors are also buoyed by the number of investors in a company, with Maiden Holdings, Ltd. having a total of 46 institutions that hold shares in the company. The top two institutional holders are 683 Capital Management LLC with over 7.88 Million shares worth more than $9.61 Million. As of September 29, 2020, 683 Capital Management LLC held 9.29% of shares outstanding.
The other major institutional holder is Dimensional Fund Advisors LP, with the holding of over 4.3 Million shares as of September 29, 2020. The firm’s total holdings are worth over $5.25 Million and represent 5.07% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and DFA U.S. Small Cap Series. As of June 29, 2020, the former fund manager holds about 1.87% shares in the company for having 1585431 shares of worth $1.97 Million while later fund manager owns 1.35 Million shares of worth $1.9 Million as of July 30, 2020, which makes it owner of about 1.59% of company’s outstanding stock.