Yahoo / Market Guide - Commerce Group, Inc.

Home - Yahoo! - Help

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

Recent Events

Aug 23

Price hit new 52-week high ($38.35)

Upcoming Events

Sep 21

Dividend payment of $0.30

Location

211 Main Street
Webster, MA 01570

Phone: (508) 943-9000
Fax: (508) 949-4921
Email: jmajerc@commerceinsurance.com

Employees (last reported count): 1,719

Financial Links

·Top Institutional Holders
·Top Mutual Fund Holders
·Analyst Upgrade/Downgrade History
·Historical Quote Data
·Raw SEC Filings at sec.gov

Competitors:
·Sector: Financial
·Industry: Insurance (Prop. & Casualty)

Company Websites

·Home Page
·Employment
·Yahoo! Category

·Search Yahoo! for related links...

Ownership

·	Insider and 5%+ Owners: 35%
·	Over the last 6 months: · 6 insider sells; 145.0K shares (1.2% of insider shares)
·	Institutional: 26% (40% of float) (166 institutions)
·	Net Inst. Buying: 576.0K shares (+6.14%) (prior quarter to latest quarter)

More From Market Guide

·Highlights
·Performance
·Ratio Comparisons

Business Summary

Commerce Group, Inc. is a holding company for several property and casualty insurers, which, through these insurance subsidiaries, offers predominantly private passenger motor vehicle insurance, along with a broad range of other property and casualty insurance products. These products are marketed to affinity groups, individuals, families and businesses. The Company writes insurance primarily in Massachusetts through The Commerce Insurance Company and Citation Insurance Company, both wholly owned subsidiaries of Commerce Holdings, Inc. Additionally, the Company writes insurance in California and Oregon through Commerce West Insurance Company, a wholly owned subsidiary of Commerce. The Company also writes insurance through American Commerce Insurance Company, which it acquired in January 1999.

More from Market Guide: Expanded Business Description

Financial Summary

Commerce Group, Inc. is engaged in providing personal and commercial property and casualty insurance in Massachusetts, primarily motor vehicle insurance covering personal automobiles. For the six months ended 6/30/01, total revenues rose 10% to $562.7 million. Net income rose 5% to $42.8 million. Revenues reflect an increase in property and casualty insurance premiums earned. Earnings were partially offset by a higher effective income tax rate.

More from Market Guide: Significant Developments

Officers

[Insider Trade Data]

	FY2000 Compensation
	Pay	Exer

Arthur Remillard, Jr., 70 Chairman, Pres, CEO	$1.1M	$248K
Gerald Fels, 58 CFO, Exec. VP, Director	635K	124K
John Spillane, 68 Director, Clerk	--	--
Arthur Remillard III, 45 Sr. VP - Policyholder Benefits, and Assistant Clerk	328K	40K
Regan Remillard, 37 Sr. VP, Pres of Commerce West, CEOof American Commerce, Director	408K	37K
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:CGI

As of 31-Aug-2001

Price and Volume
52-Week Low on 27-Oct-2000	$`22.875`
Recent Price	$`37.40`
52-Week High on 23-Aug-2001	$`38.35`
Beta	`0.27`
Daily Volume (3-month avg)	`31.6K`
Daily Volume (10-day avg)	`53.0K`
Stock Performance
big chart [1d \| 5d \| 3m \| 6m \| 1y \| 2y \| 5y \| max]
52-Week Change	`+43.2%`
52-Week Change relative to S&P500	`+92.1%`
Share-Related Items
Market Capitalization	$`1.26B`
Shares Outstanding	`33.8M`
Float	`21.9M`
Dividends & Splits
Annual Dividend (indicated)	$`1.20`
Dividend Yield	`3.21%`
Last Split	none

Per-Share Data
Book Value (mrq)	$`24.01`
Earnings (ttm)	$`4.21`
Earnings (mrq)	$`0.83`
Sales (ttm)	$`33.83`
Cash (mrq)	$`2.75`
Valuation Ratios
Price/Book (mrq)	`1.56`
Price/Earnings (ttm)	`8.89`
Price/Sales (ttm)	`1.11`
Income Statements
Sales (ttm)	$`1.15B`
EBITDA	N/A
Income available to common (ttm)	$`142.9M`
Profitability
Profit Margin (ttm)	`12.4%`
Operating Margin (ttm)	`15.5%`
Fiscal Year
Fiscal Year Ends	Dec 31
Most recent quarter	30-June-2001

Management Effectiveness
Return on Assets (ttm)	`6.85%`
Return on Equity (ttm)	`18.99%`
Financial Strength
Current Ratio	N/A
Debt/Equity (mrq)	`0`
Total Cash (mrq)	$`92.8M`
Short Interest As of 8-Aug-2001
Shares Short	`48.0K`
Percent of Float	`0.2%`
Shares Short (Prior Month)	`91.0K`
Short Ratio	`2.00`
Daily Volume	`24.0K`

See Profile Help for a description of each item above; K = thousands; M = millions; B = billions; mrq = most-recent quarter; ttm = trailing twelve months; (as of 30-June-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.