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How to buy Protective Insurance Corporation stock

Own Protective Insurance Corporation stock in just a few minutes.

Protective Insurance Corporation is an insurance-property & casualty business based in the US. Protective Insurance Corporation shares (PTVCB) are listed on the NASDAQ and all prices are listed in US Dollars. Protective Insurance Corporation employs 490 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Protective Insurance Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PTVCB – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Protective Insurance Corporation share price

Use our graph to track the performance of PTVCB stocks over time.

Protective Insurance Corporation shares at a glance

Information last updated 2021-04-23.
52-week range$11.44 - $23.15
50-day moving average $22.97
200-day moving average $17.22
Wall St. target price$28.53
PE ratio 74.1936
Dividend yield $0.4 (1.74%)
Earnings per share (TTM) $0.31

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Protective Insurance Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Protective Insurance Corporation under- or over-valued?

Valuing Protective Insurance Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Protective Insurance Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Protective Insurance Corporation's P/E ratio

Protective Insurance Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 74x. In other words, Protective Insurance Corporation shares trade at around 74x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Protective Insurance Corporation's EBITDA

Protective Insurance Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.7 million.

The EBITDA is a measure of a Protective Insurance Corporation's overall financial performance and is widely used to measure a its profitability.

Protective Insurance Corporation financials

Revenue TTM $468.7 million
Operating margin TTM 1.68%
Gross profit TTM $3.8 million
Return on assets TTM 0.29%
Return on equity TTM 1.23%
Profit margin 0.95%
Book value $25.43
Market capitalisation $325.6 million

TTM: trailing 12 months

Shorting Protective Insurance Corporation shares

There are currently 73,574 Protective Insurance Corporation shares held short by investors – that's known as Protective Insurance Corporation's "short interest". This figure is 13% up from 65,130 last month.

There are a few different ways that this level of interest in shorting Protective Insurance Corporation shares can be evaluated.

Protective Insurance Corporation's "short interest ratio" (SIR)

Protective Insurance Corporation's "short interest ratio" (SIR) is the quantity of Protective Insurance Corporation shares currently shorted divided by the average quantity of Protective Insurance Corporation shares traded daily (recently around 66282.882882883). Protective Insurance Corporation's SIR currently stands at 1.11. In other words for every 100,000 Protective Insurance Corporation shares traded daily on the market, roughly 1110 shares are currently held short.

However Protective Insurance Corporation's short interest can also be evaluated against the total number of Protective Insurance Corporation shares, or, against the total number of tradable Protective Insurance Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Protective Insurance Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Protective Insurance Corporation shares in existence, roughly 10 shares are currently held short) or 0.0078% of the tradable shares (for every 100,000 tradable Protective Insurance Corporation shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Protective Insurance Corporation.

Find out more about how you can short Protective Insurance Corporation stock.

Protective Insurance Corporation share dividends

15%

Dividend payout ratio: 14.78% of net profits

Recently Protective Insurance Corporation has paid out, on average, around 14.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.74% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Protective Insurance Corporation shareholders could enjoy a 1.74% return on their shares, in the form of dividend payments. In Protective Insurance Corporation's case, that would currently equate to about $0.4 per share.

While Protective Insurance Corporation's payout ratio might seem low, this can signify that Protective Insurance Corporation is investing more in its future growth.

Protective Insurance Corporation's most recent dividend payout was on 9 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 March 2021 (the "ex-dividend date").

Have Protective Insurance Corporation's shares ever split?

Protective Insurance Corporation's shares were split on a 5:4 basis on 3 March 2003. So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Protective Insurance Corporation shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for Protective Insurance Corporation shares which in turn could have impacted Protective Insurance Corporation's share price.

Protective Insurance Corporation share price volatility

Over the last 12 months, Protective Insurance Corporation's shares have ranged in value from as little as $11.4448 up to $23.15. A popular way to gauge a stock's volatility is its "beta".

PTVCB.US volatility(beta: 0.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Protective Insurance Corporation's is 0.6691. This would suggest that Protective Insurance Corporation's shares are less volatile than average (for this exchange).

Protective Insurance Corporation overview

Protective Insurance Corporation, through its subsidiaries, engages in marketing and underwriting of property and casualty insurance products. It offers commercial automobile insurance products, such as commercial motor vehicle liability, physical damage, and general liability insurance; workers compensation insurance; medical and indemnity insurance products; non-trucking motor vehicle liability insurance; fidelity and surety bonds; and inland marine insurance products consisting of cargo insurance, as well as workers' compensation insurance for the commercial automobile industry. The company also provides various additional services, such as risk surveys and analyses, safety program design and monitoring, government compliance assistance, loss control, and cost studies; research, development, and consultation in connection with new insurance programs that comprise the development of systems to assist customers in monitoring their accident data; and claims handling services to clients with self-insurance programs. Protective Insurance Corporation serves trucking and public transportation fleets, as well as independent contractors in the trucking industry. It primarily operates in the United States, Puerto Rico, Canada, and Bermuda. The company was formerly known as Baldwin & Lyons, Inc. and changed its name to Protective Insurance Corporation in August 2018.

Frequently asked questions

What percentage of Protective Insurance Corporation is owned by insiders or institutions?
Currently 22.012% of Protective Insurance Corporation shares are held by insiders and 56.771% by institutions.
How many people work for Protective Insurance Corporation?
Latest data suggests 490 work at Protective Insurance Corporation.
When does the fiscal year end for Protective Insurance Corporation?
Protective Insurance Corporation's fiscal year ends in December.
Where is Protective Insurance Corporation based?
Protective Insurance Corporation's address is: 111 Congressional Boulevard, Carmel, IN, United States, 46032
What is Protective Insurance Corporation's ISIN number?
Protective Insurance Corporation's international securities identification number is: US74368L2034
What is Protective Insurance Corporation's CUSIP number?
Protective Insurance Corporation's Committee on Uniform Securities Identification Procedures number is: 057755209

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