Small-cap financial stocks offer a distinctly different investment thesis than their massive cousins on Wall Street, but one that can be financially rewarding with the right approach. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with metrics that indicate the highest chance of future success, can help identify which of those growing, small-cap financial companies could be the diamond in the rough that pays off in the long run.
Here are today's top-performing financial stocks from the Small-Cap Stars:
Doral Financial Corp. (DRL)
Doral Financial Corp. gained 9.68% to $5.44. The gains came on a volume of 1,881,070 shares against an average daily volume of 1,272,621 shares. Doral Financial Corp. has had a trading range from $24.74 to $1.87 over the last year, it has a 50-day SMA of $4.73, and a 200-day SMA of $10.61.
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries.
Donegal Group Inc. (DGICB)
Donegal Group Inc. gained 4.52% to $21.95. The gains came on a volume of 501 shares against an average daily volume of 628 shares. Donegal Group Inc. has had a trading range from $27.75 to $18.12 over the last year, its P/E ratio is 26.3, it has a 50-day SMA of $22.41, and a 200-day SMA of $23.26.
Donegal Group, Inc an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance to businesses and individuals in 22 Mid-Atlantic, Midwestern, New England and Southern states.
Hci Group (HCI)
Hci Group gained 3.84% to $40.87. The gains came on a volume of 149,474 shares against an average daily volume of 119,130 shares. Hci Group has had a trading range from $53.61 to $30.39 over the last year, its P/E ratio is 7.4, it has a 50-day SMA of $40.37, and a 200-day SMA of $42.29.
HCI Group Inc through its subsidiaries provides property and casualty insurance such as casualty homeowners' insurance, condominium-owners' insurance, tenants' insurance, and dwelling fire insurance to individuals owning or occupying property in Florida.
Macatawa Bank Corp. (MCBC)
Macatawa Bank Corp. gained 3.74% to $4.99. The gains came on a volume of 44,276 shares against an average daily volume of 73,751 shares. Macatawa Bank Corp. has had a trading range from $5.79 to $4.44 over the last year, it has a 50-day SMA of $5.04, and a 200-day SMA of $5.05.
Macatawa Bank Corp is the holding company for Macatawa Bank, offers commercial & personal banking services, including checking, savings, certificate of deposit accounts, cash management, safe deposit boxes, trust services, mortgage & consumer loan.
Ladenburg Thalmann Financial Services Inc. (LTS)
Ladenburg Thalmann Financial Services Inc. gained 3.65% to $3.41. The gains came on a volume of 188,730 shares against an average daily volume of 466,325 shares. Ladenburg Thalmann Financial Services Inc. has had a trading range from $3.90 to $1.61 over the last year, it has a 50-day SMA of $3.24, and a 200-day SMA of $2.88.
Ladenburg Thalmann Financial Services Inc is engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, asset management services and trust services.
Equities.com's Small-Cap Stars - A Smart Place to Store Your Money
Nailing down precisely which small-cap financial companies offer the best returns over time can be difficult, with a range of assets and liabilities spread over hundreds of balance sheets to consider. However, the Small-Cap Stars system takes the most successful financial small caps of years past, compares them using a complicated statistical regression that utilizes dozens of metrics creates a profile of a successful small-cap financial company prior to its growth with that regression, and then identifies which small caps are currently the best fits for that profile.
Given that the financial industry is one where a lot of leverage goes a long way, the screen found some of the most predictive traits to be high levels of total debt, high volatility in stock price, and a high book value of its assets.
All data provided by QuoteMedia and was accurate as of 4:30 pm ET.