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November 23, 2009 10:30 AM ET

State Auto Financial Corp.

(STFC:NASDAQ)

LAST $16.93 USD
CHANGE TODAY +0.34 2.05%
VOLUME 19.3K
As of 10:14 AM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of State Auto Financial Corp. (STFC)

OPEN
$16.86
PREVIOUS CLOSE
$16.59
DAY HIGH
$17.18
DAY LOW
$16.70
52 WEEK HIGH
01/2/09 - $30.25
52 WEEK LOW
03/5/09 - $14.29
MARKET CAP
673.3M
AVERAGE VOLUME 3 mo
23.9K
DILUTED EPS TTM
$-0.12
SHARES OUTSTANDING
39.8M
EX-DATE
12/10/09
P/E TTM
NM
DIVIDEND
$0.60
DIVIDEND YIELD
3.54%
K = Thousands  M = Millions  B = Billions

STFC Details

State Auto Financial Corporation, through its subsidiaries, writes personal and business lines of insurance. It markets a line of property and casualty insurance, such as standard personal and commercial automobile, nonstandard personal automobile, homeowners and farmowners, commercial multi-peril, workers’ compensation, fire, general liability, and property insurance. The company also develops and sells software for the processing of insurance transactions, database management for insurance agents, and electronic interfacing of information between insurance companies and agencies. It sells products and services to insurance agencies, and nonaffiliated insurers and their agencies through the independent insurance agencies primarily in the central and eastern United States. The company was founded in 1950 and is headquartered in Columbus, Ohio. State Auto Financial Corporation is a subsidiary of State Automobile Mutual Insurance Company.

2,165 Employees
Founded in 1950

STFC Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Age: 58
Total Annual Compensation: $701.9K
Chief Financial Officer and Vice President
Age: 48
Total Annual Compensation: $298.5K
Chief Operating Officer and Executive Vice Pr...
Age: 57
Total Annual Compensation: $444.2K
Chief Sales Officer and Senior Vice President
Age: 58
Total Annual Compensation: $310.0K
Vice President, Secretary and General Counsel
Age: 57
Total Annual Compensation: $273.1K
Compensation as of Fiscal Year 2008.

Key developments for State Auto Financial Corp. (STFC)

State Auto Financial Corp. Declares Regular Quarterly Cash Dividend Payable on December 31, 2009

The board of directors of State Auto Financial Corp. declared a regular quarterly cash dividend of $0.15 per share, payable on December 31, 2009, to shareholders of record at the close of business on December 14, 2009.

State Auto Financial Corp. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

State Auto Financial Corp. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

State Auto Financial Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and First Nine Months Ended September 30, 2009

State Auto Financial Corp. announced unaudited consolidated earnings results for the third quarter and first nine months ended September 30, 2009. For the quarter, the company reported net income of $13.0 million, or $0.33 per basic and diluted share, versus a net loss of $14.7 million, or $0.37 per basic and diluted share, for the third quarter of 2008. Net income from operations per basic and diluted share for the third quarter of 2009 was $0.27 versus a net loss from operations per basic and diluted share of $0.30 for the same 2008 period. Net income from operations was $10.8 million against net loss from operations of $11.9 million last year. Total revenues were $324.5 million against $300.6 million last year. Income before federal income taxes was $13.7 million against loss before federal income taxes of $30.2 million last year. Net income from operations, differs from GAAP net income only by the exclusion of realized capital gains and (losses), net of applicable taxes, on investment activity for the periods being reported. For STFC, in 2009 this amounted to income of $0.06 per diluted share for the third quarter against loss of $0.07 per diluted share last year. For the first nine months, net loss from operations was $1.3 million against $28.1 million last year. Book value per share was $21.00 at September 30, 2009 against $19.94 at September 30, 2008. The company reported negative return on stockholders' equity of 0.6% against positive return on equity of 1.3% last year. Net loss from operations per basic and diluted share was $0.03 versus $0.71 last year. The company reported net loss of $4.2 million, or $0.11 per basic and diluted share, versus a net loss of $30.5 million, or $0.77 per basic and diluted share last year. Total revenues were $935.4 million against $908.6 million last year. Loss before federal income taxes was $28.9 million against $69.4 million last year. Net income from operations, differs from GAAP net income only by the exclusion of realized capital gains and (losses), net of applicable taxes, on investment activity for the periods being reported. The company reported a loss of $0.08 against $0.06 for the same 2008 period.

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Market data is delayed at least 20 minutes.

STFC Competitors

Company Last Change
Harleysville Group Inc $32.77 USD +0.68
Horace Mann Educators Corp $12.84 USD +0.38
Infinity Property and Casualty Corp $41.12 USD +1.24
Maiden Hldgs Ltd $7.55 USD -0.25
Selective Insurance Group Inc $16.01 USD +0.37
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation STFC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x

STFC

 | 

STFC transactions

Type
Date
Target
Merger/Acquisition
August 19, 2009
Strategic Insurance Software Inc.
View More STFC Transactions...

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