Verisk Analytics (VRSK) to Release Earnings on Wednesday

Verisk Analytics (NASDAQ:VRSK) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.60 per share and revenue of $733.55 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Verisk Analytics Trading Up 0.8 %

NASDAQ VRSK opened at $295.11 on Monday. The firm has a market capitalization of $41.67 billion, a P/E ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89. The business has a fifty day simple moving average of $282.65 and a 200 day simple moving average of $277.39. Verisk Analytics has a 12 month low of $217.34 and a 12 month high of $296.94. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s payout ratio is currently 24.34%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the completion of the transaction, the director now owns 13,786 shares in the company, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the transaction, the insider now owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VRSK has been the subject of a number of analyst reports. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a research report on Friday, January 10th. Robert W. Baird raised their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. BMO Capital Markets raised their target price on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Wells Fargo & Company raised their target price on Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Morgan Stanley raised their target price on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $295.33.

About Verisk Analytics

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.