Shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) have earned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $276.69.
Several brokerages have recently issued reports on VRSK. Royal Bank of Canada restated an “outperform” rating and set a $268.00 price target on shares of Verisk Analytics in a research note on Thursday, August 1st. Barclays upped their price target on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Morgan Stanley lifted their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Finally, UBS Group upped their price target on shares of Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th.
Read Our Latest Report on VRSK
Verisk Analytics Stock Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.10. The firm had revenue of $716.80 million during the quarter, compared to analyst estimates of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $1.51 EPS. As a group, sell-side analysts forecast that Verisk Analytics will post 6.57 earnings per share for the current year.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Sunday, September 15th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, September 13th. Verisk Analytics’s payout ratio is 29.10%.
Institutional Investors Weigh In On Verisk Analytics
Several hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new stake in shares of Verisk Analytics during the 2nd quarter valued at $31,000. Chilton Capital Management LLC bought a new stake in Verisk Analytics during the second quarter worth about $34,000. OFI Invest Asset Management purchased a new position in shares of Verisk Analytics in the 1st quarter worth about $28,000. Rothschild Investment LLC bought a new position in shares of Verisk Analytics during the 2nd quarter valued at about $41,000. Finally, Riverview Trust Co purchased a new position in shares of Verisk Analytics during the 1st quarter valued at about $40,000. 90.00% of the stock is currently owned by institutional investors.
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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