[May 24, 2012] Relatively Low Forward Earnings Yield Detected in Shares of Flagstone Reinsurance in the Reinsurance Industry (FSR, ACGL, ESGR, PTP, RNR) Tweet May 24, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Reinsurance industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Flagstone Reinsurance ranks lowest with a forward earnings yield of 6.9%. Arch Capital is next with a forward earnings yield of 7.6%. Enstar Group ranks third lowest with a forward earnings yield of 10.2%. Platinum Underwriters Holdings follows with a forward earnings yield of 10.8%, and RenaissanceRe Holdings rounds out the bottom five with a forward earnings yield of 11.6%. SmarTrend recommended that its subscribers protect gains by selling shares of Flagstone Reinsurance on February 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $8.07. Since that call, shares of Flagstone Reinsurance have fallen 6.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]