Media headlines about Athene (NYSE:ATH) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Athene earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 45.1509417818349 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Anticipate Athene Holding Ltd (ATH) Will Post Earnings of $1.23 Per Share (americanbankingnews.com)
- A.M. Best Assigns Issue Credit Ratings to Athene Holding Ltd.’s New Senior Unsecured Notes and Shelf Registration (businesswire.com)
- BRIEF-Athene Holding Ltd. Announces Pricing Of Senior Notes (reuters.com)
- Athene Holding Ltd. Announces Pricing of Senior Notes (finance.yahoo.com)
- Athene Holding Ltd (ATH) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
A number of research analysts have weighed in on ATH shares. Zacks Investment Research raised Athene from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a report on Tuesday, October 10th. Goldman Sachs Group started coverage on Athene in a report on Wednesday, October 18th. They issued a “buy” rating and a $63.00 target price on the stock. Royal Bank of Canada reissued a “buy” rating on shares of Athene in a report on Monday, September 25th. Wells Fargo & Co reissued a “buy” rating and issued a $63.00 target price on shares of Athene in a report on Friday, December 22nd. Finally, BMO Capital Markets reissued a “hold” rating and issued a $61.00 target price on shares of Athene in a report on Friday, December 22nd. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Athene presently has a consensus rating of “Buy” and a consensus price target of $61.69.
Athene (NYSE:ATH) traded down $0.32 during midday trading on Friday, hitting $51.04. The stock had a trading volume of 885,539 shares, compared to its average volume of 1,460,000. Athene has a 1 year low of $45.15 and a 1 year high of $55.22. The company has a market capitalization of $10,210.00 and a P/E ratio of 7.14.
Athene (NYSE:ATH) last posted its quarterly earnings data on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, topping the consensus estimate of $1.12 by $0.06. Athene had a return on equity of 13.31% and a net margin of 22.66%. The firm had revenue of $863.00 million for the quarter, compared to the consensus estimate of $852.85 million. equities analysts predict that Athene will post 5.22 earnings per share for the current fiscal year.
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Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.
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