Meadowbrook Insurance Group Inc. (MIG) saw a big move last session, as the company’s shares fell over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for MIG, as the stock is now down more than 10% in the past one-month time frame.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
MIG currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the financial sector include AEGON N.V. (AEG), FBL Financial Group Inc. (FFG) and Kemper Corporation (KMPR). All these stocks carry a Zacks Rank #2 (Buy).
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