Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Gainsco, Inc. (NYSE:GNA)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Recent Events
July 26Price hit new 52-week low ($1.10)
Location
500 Commerce Street, P.O. Box 2933
Fort Worth, TX 76102
Phone: (817) 336-2500
Fax: (817) 335-1230
Email: investorrelations@gainsco.com
Employees (last reported count): 339
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Free Annual Report
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Insurance (Prop. & Casualty)
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 61%
·Institutional: 53% (135% of float)
(51 institutions)
·Net Inst. Selling: 515.0K shares (+4.83%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Gainsco, Inc. is a property and casualty insurance holding company concentrating its efforts on three major nonstandard markets: commercial lines, personal lines and specialty lines. The commercial lines division includes commercial auto, garage, general liability and commercial property products. The personal lines division includes personal auto, umbrella and personal property products. The specialty lines division is focused on developing growth in professional liability products. The Company's insurance operations are conducted through four insurance companies: General Agents Insurance Company of America, Inc., MGA Insurance Company, Inc., GAINSCO County Mutual Insurance Company, and Midwest Casualty Insurance Company.
More from Market Guide: Expanded Business Description

Financial Summary
Gainsco, Inc. is a property and casualty insurance holding company that underwrites specialty commercial automobile, auto garage, general liability and property coverages. For the three months ended 3/31/01, revenues decreased 48% to $20.3 million. Net loss applicable to Common totaled $1.3 million, up from $329 thousand. Results reflect a decrease in premiums earned from the commercial lines and lower net investment income.

Recent Earnings Announcement
For the 3 months ended 06/30/2001, revenues were 19,346; after tax earnings were -7,390. (Preliminary; reported in thousands of dollars.)

More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Joel Puckett, 57
Chairman
--  --  
Glenn Anderson, 48
Pres, CEO
$352K--  
McRae Johnston, 50
Pres, National Specialty Lines, Inc.
293K--  
Daniel Coots, 49
Sr. VP, CFO
234K$108K
Richard Buxton, 52
Sr. VP
172K--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:GNAAs of 31-Aug-2001
Price and Volume
52-Week Low
on 26-July-2001
$1.10 
Recent Price$1.40 
52-Week High
on 2-Oct-2000
$4.25 
Beta0.35 
Daily Volume (3-month avg)42.2K
Daily Volume (10-day avg)42.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-63.9%
52-Week Change
relative to S&P500
-51.5%
Share-Related Items
Market Capitalization$29.6M
Shares Outstanding21.2M
Float8.30M
Dividends & Splits
Annual Dividend (indicated)$0.04 
Dividend Yield2.86%
Last Split: 21 for 20 on 27-Sep-1995
Per-Share Data
Book Value (mrq*)$5.01 
Earnings (ttm)-$1.33 
Earnings (mrq)-$0.39 
Sales (ttm)$5.97 
Cash (mrq*)$0.23 
Valuation Ratios
Price/Book (mrq*)0.28 
Price/EarningsN/A 
Price/Sales (ttm)0.23 
Income Statements
Sales (ttm)$123.0M
EBITDAN/A 
Income available to common (ttm)-$27.4M
Profitability
Profit Margin (ttm)-21.9%
Operating Margin (ttm)-22.1%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter
(fully updated)
31-Mar-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)-6.16%
Return on Equity (ttm)-22.34%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq*)0.12 
Total Cash (mrq)$0 
Short Interest
As of 8-Aug-2001
Shares Short0 
Shares Short
(Prior Month)
0 
Daily Volume66.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 31-Mar-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.