Arch Capital Group (ACGL) to Release Earnings on Monday

Arch Capital Group (NASDAQ:ACGL) will likely be announcing its earnings results after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of $1.90 per share and revenue of $3.95 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Arch Capital Group Stock Down 0.4 %

ACGL stock opened at $93.50 on Friday. The company’s 50 day simple moving average is $93.45 and its 200-day simple moving average is $101.16. Arch Capital Group has a 52-week low of $80.97 and a 52-week high of $116.47. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market capitalization of $35.18 billion, a P/E ratio of 6.28, a P/E/G ratio of 1.52 and a beta of 0.64.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays lowered their target price on Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. JMP Securities upped their target price on Arch Capital Group from $115.00 to $125.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 15th. Keefe, Bruyette & Woods lowered their target price on Arch Capital Group from $121.00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Bank of America dropped their price objective on shares of Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, Royal Bank of Canada reduced their price objective on shares of Arch Capital Group from $128.00 to $125.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $118.00.

Arch Capital Group Company Profile

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.