Published On: Mon, Mar 14th, 2016

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

Analysts await Emergent Capital, Inc. (NASDAQ:EMG) to report earnings on Mar, 14 for the fiscal quarter ending Dec 2015.

They expect $-0.54 EPS, down 146.3% or $0.79 from last year’s $0.25 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 Mar-16, 1 analyst has a mean sales target of 15.09 million. For the quarter ending Jun-16, 1 analyst has a mean sales target of 19.72 million whilst for the year ending Dec-16, 1 analyst has a mean target of 82.66 million.

In terms of earnings per share, 1 analyst has a 0.03 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 1 analyst has a 0.12 EPS mean target and for the quarter ending Jun-16 there are 1 estimate of 0.60 EPS.

The biggest institutional shareholders in Emergent Capital, Inc. include Bulldog Investors, LLC which owns 4 million shares in the company valued at $20.42 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 19,855,797 with a reported 276,421 bought and 747,424 sold. These holdings make up 66.7% 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 increased 2.30% or $0.09 during the last trading session, hitting $4.02. Emergent Capital, Inc. (NASDAQ:EMG) has fallen 33.33% over the past 6 months and is downtrending.

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