Zacks Research Has Negative Outlook of ACGL FY2027 Earnings

Arch Capital Group Ltd. (NASDAQ:ACGL) – Research analysts at Zacks Research reduced their FY2027 earnings per share (EPS) estimates for shares of Arch Capital Group in a report released on Wednesday, June 24th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $9.99 per share for the year, down from their previous estimate of $10.00. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.30 per share.

Other research analysts have also recently issued research reports about the company. Mizuho cut their price objective on Arch Capital Group from $102.00 to $101.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Wells Fargo & Company boosted their target price on shares of Arch Capital Group from $109.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Morgan Stanley set a $105.00 price target on shares of Arch Capital Group in a research note on Friday, May 1st. Keefe, Bruyette & Woods cut their price target on shares of Arch Capital Group from $105.00 to $102.00 and set a “market perform” rating for the company in a report on Tuesday, May 5th. Finally, Weiss Ratings cut shares of Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Arch Capital Group currently has a consensus rating of “Hold” and a consensus target price of $106.81.

Arch Capital Group Stock Up 1.2%

Arch Capital Group stock opened at $94.83 on Thursday. The stock’s 50 day moving average price is $93.69 and its 200 day moving average price is $94.99. Arch Capital Group has a 1-year low of $82.44 and a 1-year high of $103.39. The company has a market cap of $33.13 billion, a PE ratio of 7.28, a price-to-earnings-growth ratio of 4.69 and a beta of 0.32. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.55 and a quick ratio of 0.55.

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

Insider Activity

In related news, Director Daniel Joseph Houston acquired 5,300 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $94.08 per share, for a total transaction of $498,624.00. Following the transaction, the director directly owned 9,915 shares of the company’s stock, valued at approximately $932,803.20. This trade represents a 114.84% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 value of $58,980.00. Additional details regarding this sale are available in the official SEC disclosure. 3.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Arch Capital Group

Hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its stake in shares of Arch Capital Group by 157.9% during the first quarter. Geneos Wealth Management Inc. now owns 673 shares of the insurance provider’s stock valued at $65,000 after acquiring an additional 412 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Arch Capital Group in the 2nd quarter valued at about $253,000. CW Advisors LLC lifted its holdings in Arch Capital Group by 6.5% in the 2nd quarter. CW Advisors LLC now owns 3,098 shares of the insurance provider’s stock valued at $282,000 after purchasing an additional 189 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Arch Capital Group during the 2nd quarter worth about $667,000. Finally, Cerity Partners LLC boosted its stake in shares of Arch Capital Group by 11.6% during the 2nd quarter. Cerity Partners LLC now owns 47,486 shares of the insurance provider’s stock worth $4,324,000 after purchasing an additional 4,933 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Arch Capital Group Company Profile

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.