MHLD 4Q10 Results Beat The Street By A Penny, KBW Reports

Maiden Holdings, Ltd.'s MHLD 4Q10 results beat the Street by a penny, KBW reports.

“We believe Maiden's operating performance will continue to be more stable relative to other reinsurers, and the company has deployed much of its excess cash,” KBW writes. “We also believe Maiden's new international platform has much potential. We are modestly lowering our EPS estimates, maintaining our $10 target price, and reiterating our Outperform rating.”

Maiden Holdings closed Friday at $7.81.