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

By Amy Schwartz

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 36.9%. Everest Re Group is next with a forward earnings yield of 10.1%. Renaissancere ranks third highest with a forward earnings yield of 8.6%.

Reinsurance Grou follows with a forward earnings yield of 8.4%, and Third Point Rein rounds out the top five with a forward earnings yield of 8.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Maiden Holdings on August 7th, 2018 by issuing a Downtrend alert when the shares were trading at $7.53. Since that call, shares of Maiden Holdings have fallen 65.8%. 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 renaissancere reinsurance grou third point rein