Verisk Analytics (NASDAQ:VRSK – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $735.60 million for the quarter, compared to analysts’ expectations of $733.55 million. Verisk Analytics updated its FY 2025 guidance to 6.800-7.100 EPS.
Verisk Analytics Trading Up 0.7 %
NASDAQ VRSK opened at $290.11 on Friday. Verisk Analytics has a one year low of $217.34 and a one year high of $300.50. The company’s 50 day moving average price is $283.90 and its 200 day moving average price is $278.03. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $40.97 billion, a price-to-earnings ratio of 45.26, a PEG 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. Investors of record on Friday, March 14th will be issued a $0.45 dividend. This is a positive change from Verisk Analytics’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.80 annualized dividend and a yield of 0.62%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.
Insider Activity at Verisk Analytics
Analysts Set New Price Targets
A number of equities research analysts recently commented on VRSK shares. Robert W. Baird increased 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. Morgan Stanley raised their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research note on Tuesday, January 7th. BMO Capital Markets raised their price target on shares of Verisk Analytics from $280.00 to $297.00 and gave the stock a “market perform” rating in a research note on Thursday. Finally, Wells Fargo & Company decreased their price target on shares of Verisk Analytics from $325.00 to $321.00 and set an “overweight” rating on the stock in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $299.33.
Get Our Latest Stock Analysis on Verisk Analytics
Verisk Analytics declared that its board has approved a stock buyback plan on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to buy up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.
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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