Verisk Analytics (NASDAQ:VRSK - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Verisk Analytics to post earnings of $1.60 per share and revenue of $733.55 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Shares of NASDAQ VRSK opened at $295.11 on Monday. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The business's 50 day moving average price is $282.65 and its 200-day moving average price is $277.39. Verisk Analytics has a fifty-two week low of $217.34 and a fifty-two week high of $296.94. The company has a market cap of $41.67 billion, a price-to-earnings ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. Verisk Analytics's payout ratio is 24.34%.
Several equities research analysts have recently weighed in on the company. BMO Capital Markets increased their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a "market perform" rating in a report on Friday, November 1st. Wells Fargo & Company raised their price objective on Verisk Analytics from $313.00 to $325.00 and gave the stock an "overweight" rating in a report on Friday. Barclays downgraded Verisk Analytics from an "overweight" rating to an "equal weight" rating and set a $310.00 price objective on the stock. in a report on Friday, January 10th. Royal Bank of Canada restated an "outperform" rating and set a $300.00 price objective on shares of Verisk Analytics in a report on Tuesday, January 7th. Finally, Morgan Stanley raised their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $295.33.
Read Our Latest Research Report on Verisk Analytics
In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the sale, the insider now owns 9,066 shares of the company's stock, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the sale, the director now directly owns 13,786 shares in the company, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is currently owned by corporate insiders.
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.
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