Arch Capital Group (NASDAQ:ACGL - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Monday, February 10th. Analysts expect Arch Capital Group to post earnings of $1.90 per share and revenue of $3.95 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Shares of ACGL opened at $93.07 on Monday. Arch Capital Group has a twelve month low of $80.97 and a twelve month high of $116.47. The firm has a market capitalization of $35.02 billion, a P/E ratio of 6.25, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.17. The stock's fifty day simple moving average is $94.17 and its 200 day simple moving average is $101.35.
The company also recently disclosed a special dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were issued a $5.00 dividend. The ex-dividend date of this dividend was Monday, November 18th.
A number of analysts have recently issued reports on ACGL shares. BMO Capital Markets boosted their target price on Arch Capital Group from $98.00 to $104.00 and gave the stock a "market perform" rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. cut their target price on shares of Arch Capital Group from $110.00 to $106.00 and set a "neutral" rating on the stock in a research note on Friday, January 3rd. Royal Bank of Canada decreased their price target on shares of Arch Capital Group from $128.00 to $125.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Evercore ISI raised their price objective on Arch Capital Group from $104.00 to $107.00 and gave the company an "in-line" rating in a research report on Wednesday, October 9th. Finally, Bank of America decreased their target price on Arch Capital Group from $143.00 to $136.00 and set a "buy" rating for the company in a research report on Friday, November 15th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $118.00.
Get Our Latest Stock Analysis on Arch Capital Group
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Arch Capital Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arch Capital Group wasn't on the list.
While Arch Capital Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.