Zacks Research Has Bearish Forecast for ACGL Q1 Earnings

Arch Capital Group Ltd. (NASDAQ:ACGLFree Report) – Investment analysts at Zacks Research decreased their Q1 2028 earnings estimates for shares of Arch Capital Group in a report issued on Friday, July 3rd. Zacks Research analyst Team now forecasts that the insurance provider will earn $2.74 per share for the quarter, down from their prior estimate of $2.75. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.30 per share.

A number of other research analysts also recently weighed in on ACGL. Wells Fargo & Company increased their price target on Arch Capital Group from $109.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings downgraded Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Mizuho cut their target price on Arch Capital Group from $102.00 to $101.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Citigroup raised their target price on Arch Capital Group from $120.00 to $122.50 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. lowered their price target on Arch Capital Group from $117.00 to $110.00 and set a “neutral” rating for the company in a research note on Monday, April 20th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $107.19.

Check Out Our Latest Report on ACGL

Arch Capital Group Price Performance

ACGL opened at $104.00 on Tuesday. The company has a fifty day moving average price of $93.93 and a two-hundred day moving average price of $95.32. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.55 and a current ratio of 0.55. Arch Capital Group has a 52 week low of $82.44 and a 52 week high of $104.19. The firm has a market capitalization of $36.34 billion, a PE ratio of 7.99, a P/E/G ratio of 5.11 and a beta of 0.31.

Arch Capital Group (NASDAQ:ACGLGet Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The insurance provider reported $2.50 earnings per share for the quarter. Arch Capital Group had a net margin of 24.64% and a return on equity of 17.61%. The business had revenue of $4.52 billion during the quarter.

Insider Activity at Arch Capital Group

In related news, Director Daniel Joseph Houston purchased 5,300 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $94.08 per share, with a total value of $498,624.00. Following the completion of the purchase, the director owned 9,915 shares in the company, valued at $932,803.20. This represents a 114.84% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Brian S. Posner sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total transaction of $58,980.00. The disclosure for this sale is available in the SEC filing. Company insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ACGL. Elyxium Wealth LLC bought a new stake in Arch Capital Group in the 4th quarter valued at approximately $27,000. WealthCollab LLC raised its holdings in shares of Arch Capital Group by 410.3% in the third quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 238 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Arch Capital Group in the third quarter worth $28,000. Aventura Private Wealth LLC acquired a new position in Arch Capital Group during the fourth quarter worth $30,000. Finally, Grove Bank & Trust acquired a new position in Arch Capital Group during the fourth quarter worth $30,000. 89.07% of the stock is currently owned by institutional investors.

About Arch Capital Group

(Get Free Report)

Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.

Further Reading

Earnings History and Estimates for Arch Capital Group (NASDAQ:ACGL)

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