Verisk Analytics (VRSK) to Release Earnings on Wednesday

Verisk Analytics (NASDAQ:VRSK) is expected to release its earnings data 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Verisk Analytics Stock Performance

VRSK stock opened at $293.30 on Wednesday. The firm has a market cap of $41.42 billion, a PE ratio of 45.76, a P/E/G ratio of 3.39 and a beta of 0.89. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The business has a 50 day moving average of $281.92 and a 200-day moving average of $276.50. Verisk Analytics has a 12-month low of $217.34 and a 12-month high of $296.94.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a report on Friday, January 10th. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Morgan Stanley increased their price objective on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. BMO Capital Markets raised 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. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and a consensus price target of $293.11.

Insider Buying and Selling at Verisk Analytics

In other news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the transaction, the director now owns 13,786 shares in the company, valued at approximately $4,066,180.70. The trade was a 7.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the transaction, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock worth $1,264,818 over the last 90 days. Corporate insiders own 0.40% of the company’s stock.

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.