Brief Commentary On EMC Insurance Group Inc’s (NASDAQ:EMCI) Fundamentals

EMC Insurance Group Inc (NASDAQ:EMCI) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of EMCI, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, take a look at the report on EMC Insurance Group here.

Adequate balance sheet average dividend payer

With a debt-to-equity ratio of 4.30%, EMCI’s debt level is low. EMCI has plenty of financial flexibility, without large debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future. EMCI seems to have put its debt to good use, generating operating cash levels of 2.64x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NasdaqGS:EMCI Historical Debt June 14th 18
NasdaqGS:EMCI Historical Debt June 14th 18

For those seeking income streams from their portfolio, EMCI is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.30%.

NasdaqGS:EMCI Historical Dividend Yield June 14th 18
NasdaqGS:EMCI Historical Dividend Yield June 14th 18

Next Steps:

For EMC Insurance Group, I’ve put together three fundamental aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for EMCI’s future growth? Take a look at our free research report of analyst consensus for EMCI’s outlook.
  2. Historical Performance: What has EMCI’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of EMCI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!