Meadowbrook Insurance Group (MIG)
Meadowbrook Insurance Group Altman Z-Score: 0.1616
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MIG Altman Z-Score Rankings
| Overall | 11th percentile | 3129 of 3552 |
| Sector | 23rd percentile | 306 of 402 in Financial |
| Industry | 27th percentile | 57 of 79 in Property & Casualty Insurance |
MIG Altman Z-Score Range, Past 5 Years
| Minimum | 0.0137 | Sep 2008 |
| Maximum | 0.4044 | Sep 2007 |
| Average | 0.2479 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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MIG News
Apr 30, 5:58PM Street Insider
Apr 30, 4:01PM PR Newswire
Apr 04, 4:01PM PR Newswire
Mar 28, 2:05PM Street Insider
Mar 14, 4:01PM PR Newswire
about 80 days ago by DynamicDividend
about 100 days ago by stockpundits
about 107 days ago by Benzinga
Feb 14, 4:03PM Street Insider
Feb 14, 4:01PM PR Newswire
about 125 days ago by TradeIdeasQuant
about 125 days ago by TradeIdeasQuant
Jan 26, 8:00AM Benzinga
Jan 26, 7:46AM Street Insider
about 142 days ago by MarketBrief
about 143 days ago by MarketBrief
about 143 days ago by howardlindzon
Jan 09, 1:50PM PR Newswire
about 213 days ago by Benzinga
Oct 31, 4:09PM Street Insider
about 213 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MIG | 8.85 | -0.17 | -1.88% | 450.64M |
| MIDD | 101.89 | -2.09 | -2.01% | 1.901B |
| MIC | 33.49 | -0.10 | -0.30% | 1.552B |
| MHY | 6.12 | -0.10 | -1.61% | |
| MHR | 4.00 | -0.21 | -4.99% | 522.28M |
| MHP | 43.82 | -0.62 | -1.40% | 12.20B |
| MHLD | 8.16 | +0.19 | +2.38% | 589.32M |
| MHK | 68.11 | -1.89 | -2.70% | 4.687B |
| MHI | 15.65 | +0.00 | +0.00% | |
| MCRI | 9.24 | -0.14 | -1.49% | 149.13M |
