Zacks Research Expects Lower Earnings for Arch Capital Group

Arch Capital Group Ltd. (NASDAQ:ACGL) – Stock analysts at Zacks Research cut their Q4 2027 earnings estimates for Arch Capital Group in a research note issued to investors on Tuesday, October 13th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $2.69 per share for the quarter, down from their prior estimate of $2.70. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.67 per share.

Other equities research analysts have also issued research reports about the company. Citigroup reissued a “market outperform” rating on shares of Arch Capital Group in a research note on Wednesday, July 29th. Weiss Ratings upgraded Arch Capital Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Wells Fargo & Company restated an “overweight” rating and issued a $107.00 price target (down from $117.00) on shares of Arch Capital Group in a report on Monday. JPMorgan Chase & Co. dropped their price objective on Arch Capital Group from $118.00 to $113.00 and set a “neutral” rating for the company in a research note on Friday, October 9th. Finally, Morgan Stanley set a $100.00 price objective on Arch Capital Group and gave the stock an “equal weight” rating in a report on Tuesday. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $108.39.

Arch Capital Group Trading Down 0.3%

Shares of Arch Capital Group stock opened at $96.85 on Wednesday. Arch Capital Group has a 12-month low of $82.44 and a 12-month high of $107.08. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.23. The stock has a market cap of $33.05 billion, a PE ratio of 7.57, a price-to-earnings-growth ratio of 2.93 and a beta of 0.28. The company has a 50-day moving average of $97.14 and a two-hundred day moving average of $96.61.

Arch Capital Group (NASDAQ:ACGL) last issued its earnings results on Tuesday, July 28th. The insurance provider reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.09. Arch Capital Group had a net margin of 24.40% and a return on equity of 17.06%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.36 billion. During the same period in the prior year, the business posted $2.58 earnings per share.

Insider Activity at Arch Capital Group

In related news, CFO Francois Morin sold 11,010 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $99.32, for a total value of $1,093,513.20. Following the sale, the chief financial officer directly owned 184,826 shares of the company’s stock, valued at approximately $18,356,918.32. This represents a 5.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Arch Capital Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Twin Capital Management Inc. grew its stake in shares of Arch Capital Group by 1.4% in the 1st quarter. Twin Capital Management Inc. now owns 8,177 shares of the insurance provider’s stock valued at $785,000 after purchasing an additional 116 shares during the period. Torren Management LLC lifted its position in shares of Arch Capital Group by 66.9% during the 2nd quarter. Torren Management LLC now owns 292 shares of the insurance provider’s stock worth $28,000 after buying an additional 117 shares during the period. V Square Quantitative Management LLC lifted its position in shares of Arch Capital Group by 1.3% during the 1st quarter. V Square Quantitative Management LLC now owns 9,453 shares of the insurance provider’s stock worth $907,000 after buying an additional 123 shares during the period. Personal CFO Solutions LLC lifted its position in shares of Arch Capital Group by 1.4% during the 1st quarter. Personal CFO Solutions LLC now owns 10,238 shares of the insurance provider’s stock worth $983,000 after buying an additional 145 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its stake in Arch Capital Group by 4.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 4,022 shares of the insurance provider’s stock valued at $386,000 after buying an additional 164 shares in the last quarter. Institutional investors and hedge funds own 89.07% of the company’s stock.

Arch Capital Group Company Profile

Arch Capital Group Ltd. is a Bermuda-based insurance, reinsurance and mortgage insurance company whose shares trade on the Nasdaq under the symbol ACGL. The company was established in 1995 and has developed into a global provider of specialty risk-management products and services.

Through its insurance operations, Arch offers property, casualty, specialty, and accident and health coverage to businesses and other policyholders. Its reinsurance operations provide coverage and risk-transfer solutions to insurance companies across a range of property and casualty lines.