That's the takeaway from a yearlong study released Thursday by InsuranceQuotes.com, which found that the cost of car insurance can vary by up to 48% depending on what month it's purchased.
Nationally, December was the most affordable month to buy, with coverage 8% cheaper on average than policies purchased in March, the most expensive month.
The price swings were much larger in many individual states. In Hawaii, it was 48% cheaper to buy in December than in March, the study found; in Pennsylvania, December was 34.5% cheaper than the most expensive month, April.
Tiny cars flunk crash testResearchers said they couldn't identify any single factor driving the variability. Complicating matters was the fact that the patterns vary across states; although December was the cheapest month nationally on average, it was the most expensive month in 11 individual states.
10 Best Paper Stocks To Watch For 2015: Royal Gold Inc.(RGLD)
Royal Gold, Inc., together with its subsidiaries, acquires and operates precious metals royalties. The company owns royalty interests in various production, development, evaluation, and exploration stage projects, which explore for gold, silver, copper, lead, and zinc metals. It holds royalty interests in properties located in the United States, Argentina, Australia, Bolivia, Brazil, Burkina Faso, Canada, Chile, Colombia, the Dominican Republic, Finland, Ghana, Guatemala, Honduras, Mexico, Nicaragua, Peru, the Russia Federation, Spain, and Tunisia. The company was founded in 1981 and is based in Denver, Colorado.
Advisors' Opinion:- [By Itinerant]
Barrick Gold also has obligations to pay Royal Gold (RGLD) a royalty on some of the precious metal output from the mine once operational; and more importantly, the company has given a completion guarantee to Silver Wheaton (SLW) as part of a deal that saw Silver Wheaton contribute $625M towards capex in 2009 in exchange to buy 25% of the produced silver for a discounted price of $3.90. If the mine is not completed by December 31, 2015, then Silver Wheaton has the right to ask for its money back. Silver Wheaton will be thinking of ways to manage its share of the disaster as confirmation has now been given that Pascua-Lama will not be completed by that dead line. For the moment, Silver Wheaton has extended the deadline by one year to December 31, 2016, and has reduced the guidance for 2017.
- [By Eric Volkman]
Royal Gold (NASDAQ: RGLD ) is converting some of its namesake precious metal into cash for its shareholders. For its Q3, the company has declared a common stock dividend of $0.20 per share. This will be handed out on July 19 to shareholders of record as of July 5. That amount matches both of the firm's previous two distributions, the most recent of which was paid in April.
- [By Lee Jackson]
Royal Gold Inc. (NASDAQ: RGLD) is a contrarian play that makes the UBS list. The company is a precious metals royalty company engaged in the acquisition and management of precious metal royalties and similar interests. The company’s portfolio consists of 202 properties on six continents, including interests on 36 producing mines and 21 development stage projects. Investors are paid a 1.2% dividend. The consensus price target is $70.99. Royal Gold closed Wednesday at $68.50.
Top Cheapest Companies To Own For 2014: Eaton Vance Corporation (EV)
Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts. As of October 31, 2004, the company provided investment advisory or administration services to approximately 150 funds; approximately 1,300 separately managed individual and institutional accounts; and participated in approximately 40 retail-managed account broker/dealer programs. It markets and distributes shares of funds through a retail network of national and regional broker/dealers, banks, insurance companies, and financial planning firms. Eaton Vance Corp. was founded in 1944 and is headquartered in Boston, Massachusetts.
Advisors' Opinion:- [By Steven Russolillo]
WATCH FOR:� No major economic data on dap. American Eagle, Booz Allen, Eaton Vance(EV), Hormel Foods(HRL), L Brands(LB), Lowe's(LOW), NetApp, PetSmart(PETM), Renren(RENN), Sina, Target, Tiffany, Trina Solar(TSL) and Williams-Sonoma(WSM) are among companies scheduled to report quarterly results.
- [By Rich Duprey]
Investment management firm�Eaton Vance (NYSE: EV ) announced yesterday its second-quarter dividend of $0.20 per share, the same rate it's paid for the past three quarters after raising the payout 5% from $0.19 per share.
Top Cheapest Companies To Own For 2014: Geron Corporation (GERN)
Geron Corporation, a biopharmaceutical company, develops therapies for cancer. Its clinical development product candidates include Imetelstat, a telomerase inhibitor, which is in Phase II clinical trials for the treatment of metastatic breast cancer, advanced non-small cell lung cancer, thrombocythemia, and myeloma. The company was founded in 1990 and is based in Menlo Park, California.
Advisors' Opinion:- [By Paul Ausick]
Stocks on the Move: Twitter Inc. (NYSE: TWIT) opened at $45.10, about 70% higher than its IPO price of $26, but posted only a small gain to close at $44.94, down 0.42%, after hitting $50.09 early in the day. Geron Corp. (NASDAQ: GERN) is up 44.8% at $5.21 following a good report on its myelofibrosis drug.
Top Cheapest Companies To Own For 2014: Wintrust Financial Corporation(WTFC)
Wintrust Financial Corporation, through its subsidiaries, engages in community banking, specialty finance, and wealth management operations. Its Community Banking segment offers banking and financial services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers. This segment?s products and services include deposit products, such as demand, negotiable order of withdrawal, money market, savings, and time deposit accounts; home equity, home mortgage, consumer, real estate, and commercial loans; safe deposit facilities; automated teller machines (ATMs); and Internet banking services. The company?s Specialty Finance segment offers financing for the payment of commercial insurance premiums to businesses and individuals; short-term accounts receivable financing; and out-sourced administrative services, including data processing of payrolls, billing, and cash management services to customers in the temporary staffing indu stry, as well as engages in the origination and purchase of residential mortgages for sale into the secondary market and provides the document preparation and other loan closing services to a network of mortgage brokers. This segment markets its products primarily through insurance agents and brokers. Its Wealth Management segment provides trust and investment services, asset management, and securities brokerage services, which are marketed primarily under the Wayne Hummer name. As of December 31, 2009, the company operated through 78 banking facilities, as well as owned 123 ATMs. Wintrust Financial Corporation was founded in 1992 and is based in Lake Forest, Illinois.
Advisors' Opinion:- [By Monica Gerson]
Wintrust Financial (NASDAQ: WTFC) is projected to post its Q4 earnings at $0.70 per share on revenue of $196.07 million.
International Business Machines (NYSE: IBM) is expected to post its Q4 earnings at $5.99 per share on revenue of $28.25 billion.
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