Arch Capital Group Ltd. (NASDAQ:ACGL – Free Report) – Research analysts at DOWLING & PARTN reduced their FY2027 earnings per share (EPS) estimates for Arch Capital Group in a report issued on Friday, August 7th. DOWLING & PARTN analyst N. Iacoviello now anticipates that the insurance provider will post earnings per share of $10.00 for the year, down from their previous estimate of $10.50. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.40 per share. DOWLING & PARTN also issued estimates for Arch Capital Group’s FY2028 earnings at $10.50 EPS.
A number of other equities analysts also recently issued reports on the stock. UBS Group reissued a “buy” rating and issued a $120.00 price objective (up from $114.00) on shares of Arch Capital Group in a report on Wednesday, July 8th. Wells Fargo & Company boosted their price target on Arch Capital Group from $114.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Arch Capital Group in a research note on Thursday, July 30th. Cantor Fitzgerald increased their price objective on shares of Arch Capital Group from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, Keefe, Bruyette & Woods decreased their price target on Arch Capital Group from $102.00 to $99.00 and set a “market perform” rating on the stock in a report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Arch Capital Group presently has a consensus rating of “Hold” and a consensus price target of $110.96.
Arch Capital Group Stock Down 0.2%
Arch Capital Group stock opened at $98.25 on Tuesday. Arch Capital Group has a one year low of $82.44 and a one year high of $107.08. The stock has a fifty day moving average of $97.38 and a 200 day moving average of $96.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market cap of $33.53 billion, a PE ratio of 7.68, a price-to-earnings-growth ratio of 10.37 and a beta of 0.31.
Arch Capital Group (NASDAQ:ACGL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The insurance provider reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.09. The company had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.36 billion. Arch Capital Group had a net margin of 24.40% and a return on equity of 17.06%. During the same period last year, the business earned $2.58 EPS.
Insider Activity
In related news, Director Brian S. Posner sold 3,000 shares of Arch Capital Group stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total transaction of $58,980.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Legal & General Group Plc grew its holdings in Arch Capital Group by 4.3% in the fourth quarter. Legal & General Group Plc now owns 2,944,169 shares of the insurance provider’s stock valued at $282,405,000 after purchasing an additional 121,090 shares during the period. National Pension Service raised its stake in shares of Arch Capital Group by 8.5% during the 4th quarter. National Pension Service now owns 683,272 shares of the insurance provider’s stock worth $65,539,000 after buying an additional 53,661 shares during the period. Asset Management One Co. Ltd. lifted its position in shares of Arch Capital Group by 10.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 187,002 shares of the insurance provider’s stock valued at $18,024,000 after buying an additional 17,923 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Arch Capital Group by 50.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,548,042 shares of the insurance provider’s stock valued at $148,488,000 after buying an additional 518,527 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Arch Capital Group by 3.4% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,033,834 shares of the insurance provider’s stock valued at $99,165,000 after acquiring an additional 33,869 shares during the period. Hedge funds and other institutional investors own 89.07% of the company’s stock.
About Arch Capital Group
Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.
Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.
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