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Last $17.48 USD
Change Today -0.85 / -4.64%
Volume 108.8K
PNX On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

phoenix companies inc (PNX) Snapshot

Open
$18.24
Previous Close
$18.33
Day High
$18.49
Day Low
$17.40
52 Week High
12/29/14 - $70.92
52 Week Low
05/8/15 - $16.48
Market Cap
101.4M
Average Volume 10 Days
204.2K
EPS TTM
$-33.61
Shares Outstanding
5.8M
EX-Date
02/27/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PHOENIX COMPANIES INC (PNX)

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phoenix companies inc (PNX) Details

The Phoenix Companies, Inc., together with its subsidiaries, provides life insurance and annuity products in the United States. It operates in two segments, Life and Annuity, and Saybrus. The company offers fixed indexed, fixed, single premium immediate, and variable annuities; and life insurance products, including whole, universal, indexed universal, and variable universal life, as well as term insurance. It also provides life insurance and other consulting services to financial advisors in partner companies, as well as support for sales of its product line through independent distribution organizations. The Phoenix Companies, Inc. was founded in 1851 and is headquartered in Hartford, Connecticut.

640 Employees
Last Reported Date: 03/31/15
Founded in 1851

phoenix companies inc (PNX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $700.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $647.5K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $560.0K
Executive Vice President of Distribution and ...
Total Annual Compensation: $410.0K
Executive Vice President of Strategy and Busi...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2014.

phoenix companies inc (PNX) Key Developments

The Phoenix Companies Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

The Phoenix Companies Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $405.4 million compared to $399 million a year ago. Loss from continuing operations before income taxes was $74.7 million compared to $32.4 million a year ago. Loss from continuing operations was $72.5 million or $12.78 per diluted share compared to $27.6 million or $4.79 per diluted share a year ago. Net loss attributable to company was $74 million or $12.87 per diluted share compared to $28.1 million or $4.89 per diluted share a year ago.

The Phoenix Cos. Settles Two Class-Action Lawsuits Related to Rate Hikes in 2010 and 2011

The Phoenix Cos. has agreed to pay $48.5 million to settle two class-action lawsuits related to rate hikes in 2010 and 2011. The agreement was reached April 30, 2015 with SPRR LLC; Martin Fleisher, as trustee of the Michael Moss Irrevocable Life Insurance Trust II; and Jonathan Berck, as trustee of the John L. Loeb Jr. Insurance Trust. The lawsuits were filed over the cost-of-insurance rate increases made in 2010 and 2011 on some policies with Phoenix Life Insurance Co. and PHL Variable Insurance Co., both subsidiaries of The Phoenix Cos. Phoenix will file the formal settlement agreement with the U.S. District Court for the Southern District of New York. The agreement is subject to court approval. The settlement applies to all policyholders subject to cost-of-insurance rate adjustments in 2010 and 2011, and it is structured to allow people in the settlement class to opt out. Phoenix will take a $48.5 million charge in the first quarter of 2015 in connection with the settlement to establish a fund. The fund can be reduced proportionally depending on who opts out. The fund also pays for lawyer fees for the plaintiffs if the settlement is approved.

The Phoenix Companies Inc. to Report Q1, 2015 Results on May 11, 2015

The Phoenix Companies Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on May 11, 2015

 

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TEV/Sales NM Not Meaningful
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