Verisk Analytics’ (VRSK) Buy (B-) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their buy (b-) rating on shares of Verisk Analytics (NASDAQ:VRSK) in a research note released on Wednesday morning,Weiss Ratings reports.

Several other brokerages have also weighed in on VRSK. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. UBS Group decreased their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Morgan Stanley raised their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Wells Fargo & Company decreased their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Finally, Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $311.00.

Verisk Analytics Price Performance

VRSK opened at $243.06 on Wednesday. The firm has a market cap of $33.96 billion, a price-to-earnings ratio of 37.45, a PEG ratio of 3.42 and a beta of 0.85. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics has a twelve month low of $239.83 and a twelve month high of $322.92. The company has a fifty day simple moving average of $258.97 and a 200 day simple moving average of $286.63.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. The company had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts expect that Verisk Analytics will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $0.45 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics’s dividend payout ratio (DPR) is currently 27.73%.

Insider Activity

In related news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total value of $76,416.00. Following the sale, the chief financial officer directly owned 15,165 shares in the company, valued at $3,862,828.80. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the completion of the sale, the chief executive officer owned 78,907 shares in the company, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,520 shares of company stock valued at $2,273,891. 0.46% of the stock is owned by company insiders.

Institutional Trading of Verisk Analytics

Several hedge funds have recently bought and sold shares of VRSK. Louisbourg Investments Inc. bought a new stake in Verisk Analytics in the 1st quarter valued at about $25,000. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics during the 2nd quarter valued at about $28,000. Spurstone Advisory Services LLC acquired a new position in Verisk Analytics during the 2nd quarter valued at about $29,000. Finally, NewSquare Capital LLC increased its stake in Verisk Analytics by 69.0% during the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after buying an additional 40 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.