Verisk Analytics (NASDAQ:VRSK – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.01, Zacks reports. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm had revenue of $735.60 million for the quarter, compared to analyst estimates of $733.55 million. Verisk Analytics updated its FY 2025 guidance to 6.800-7.100 EPS.
Verisk Analytics Price Performance
Shares of Verisk Analytics stock opened at $289.92 on Thursday. The firm has a fifty day moving average price of $283.61 and a two-hundred day moving average price of $277.94. Verisk Analytics has a fifty-two week low of $217.34 and a fifty-two week high of $300.50. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $40.94 billion, a PE ratio of 45.21, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89.
Verisk Analytics Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.45 dividend. This is an increase from Verisk Analytics’s previous quarterly dividend of $0.39. This represents a $1.80 annualized dividend and a yield of 0.62%. Verisk Analytics’s payout ratio is currently 24.34%.
Insider Transactions at Verisk Analytics
Verisk Analytics declared that its board has approved a stock buyback plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the business services provider to purchase up to 2.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a research report on Friday, January 10th. Robert W. Baird upped their price objective on shares of Verisk Analytics from $298.00 to $320.00 and gave the company an “outperform” rating in a research note on Thursday. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research report on Tuesday, January 7th. Wells Fargo & Company upped their price target on shares of Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Finally, BMO Capital Markets increased their target price on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $297.44.
Read Our Latest Stock Analysis on Verisk Analytics
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.
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