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EMC Insurance Group Inc (EMCI) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

EMC Insurance Group Inc (EMCI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. EMC Insurance Group Inc is a non-life insurance service provider. Its key product is property and casualty insurance. It is also involved in the reinsurance business. EMC Insurance Group Inc has a market cap of $680.860 million; its shares were traded at around $31.50 with and P/S ratio of 0.99. The dividend yield of EMC Insurance Group Inc stocks is 2.82%.


For the last quarter EMC Insurance Group Inc reported a revenue of $141.6 million, compared with the revenue of $174.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $660.7 million, an increase of 0.3% from last year. For the last five years EMC Insurance Group Inc had an average revenue growth rate of 3.2% a year.

The reported loss per diluted share was 35 cents for the year, compared with the earnings per share of $2.2 in the previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, EMC Insurance Group Inc has the cash and cash equivalents of $0.34 million, compared with $0.35 million in the previous year. The long term debt was $25.0 million, compared with $25.0 million in the previous year. EMC Insurance Group Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $31.50, EMC Insurance Group Inc is traded at 35.7% premium to its historical median P/S valuation band of $23.22. The P/S ratio of the stock is 0.99, while the historical median P/S ratio is 0.72. The stock gained 21.03% during the past 12 months.

For the complete 20-year historical financial data of EMCI, click here.

This article first appeared on GuruFocus.