Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Emergent Capital, Inc. (NASDAQ:EMG) Expected To Report Earnings On Monday

Analysts await Emergent Capital, Inc. (NASDAQ:EMG) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.01 EPS, up 1800% or $0.18 from last year’s $-0.19 per share.

At the moment 1 analyst is watching Emergent Capital, Inc. (NASDAQ:EMG), 1 rate it “Buy”, 0 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 1 analyst has a mean sales target of 18.73 million. For the quarter ending Sep-16, 1 analyst has a mean sales target of 23.44 million whilst for the year ending Dec-16, 1 analyst has a mean target of 79.86 million.

In terms of earnings per share, 1 analyst has a 0.11 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 1 analyst has a 0.22 EPS mean target and for the quarter ending Sep-16 there are 1 estimate of 0.55 EPS.

The biggest institutional shareholders in Emergent Capital, Inc. include Bulldog Investors, LLC which owns 4 million shares in the company valued at $14.88 million. Nantahala Capital Management, LLC is the second biggest holder with 2 million shares currently valued at 8.21 million whilst NS Advisors LLC has 2 million shares valued at 5.80 million.

Total shares held by institutions as of the most recent company filings are 18,111,565 with a reported 1,911,490 bought and 1,319,255 sold. These holdings make up 64.4% of the company’s outstanding shares.

Currently insiders hold 1,627,503 shares in the business which makes up 5.79% of shares. The biggest holder currently is Mr. Antony Mitchell who owns 814,334 shares (2.89% of those outstanding), whilst Mr. Jonathan Neuman holds 433,636 (1.54% of shares outstanding) and Mr. Phillip F. Goldstein holds 193,468 (0.69% of shares outstanding).

The stock decreased 0.24% or $0.01 during the last trading session, hitting $4.53. Emergent Capital, Inc. (NASDAQ:EMG) has fallen 7.95% over the past 6 months and is downtrending.

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