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Relatively High Forward Earnings Yield Detected in Shares of Maiden Holdings in the Reinsurance Industry (MHLD, RE, ENH, VR, RNR)

By Nick Russo

Below are the three companies in the Reinsurance industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Maiden Holdings ranks highest with a forward earnings yield of 12.3%. Following is Everest Re Group with a forward earnings yield of 12.0%. Endurance Specialty ranks third highest with a forward earnings yield of 10.2%.

Validus Holdings follows with a forward earnings yield of 10.1%, and RenaissanceRe Holdings rounds out the top five with a forward earnings yield of 9.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Maiden Holdings on January 8th, 2016 by issuing a Downtrend alert when the shares were trading at $13.91. Since that call, shares of Maiden Holdings have fallen 10.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward earnings yield maiden holdings everest re group endurance specialty Validus Holdings renaissancere holdings

Ticker(s): MHLD RE ENH VR RNR