Blue Capital Reinsurance Holdings Ltd (NYSE:BCRH) had declared a cash dividend of $0.3000 on Sep 15, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 15, 2016 share price, the yield comes out to be 6.8650%. The dividend payable date has been fixed on Oct 14, 2016.
In a different note, On Aug 3, 2016, Keefe Bruyette & Woods said it Maintains its rating on Blue Capital Reinsurance Holdings Ltd. In the research note, the firm Raises the price-target to $19.00 per share. The shares have been rated ‘Market Perform’ by the firm.
Blue Capital Reinsurance Holdings Ltd (BCRH) remained unchanged at the close of Tuesday session. Even as the volume increased to 18,290 ,the shares failed to make any impression and ended at 0 points or 0.00% at $18.14. The trading session commenced at $18.14 and the stock hit a high of $18.2 and touched $17.84 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $19.51 and the 52-week low is $16.46. The company has a market cap of $159 M and has approximately 87,56,071 outstanding shares.
Blue Capital Reinsurance Holdings Ltd(BCRH) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $11.30M. Analysts had an estimated revenue of $9.53M. Earnings per share were $0.22. Analysts had estimated an EPS of $0.47.
Several Insider Transactions has been reported to the SEC. On Feb 8, 2016, John R Weale (director) purchased 2,800 shares at $17.78 per share price.
Blue Capital Reinsurance Holdings Ltd. is an exempted limited liability company. Through its subsidiaries the Company provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company’s wholly owned subsidiaries include Blue Capital Re which is a Bermuda exempted limited liability company registered as a Class 3A insurer in Bermuda and provides collateralized reinsurance and Blue Capital Re ILS which is a Bermuda exempted limited liability company that conducts hedging and other investment activities including entering into industry loss warranties and purchasing catastrophe bonds operations. As of December 31 2014 the Company had $201.3 million of consolidated total assets. Blue Capital Re provides reinsurance to third-party insurance and reinsurance companies through reinsurance contracts either directly with the cedant or on a fronted basis.